Australia Shares Set to Rise at Open -- Market Talk

Dow Jones

2024/12/23

2204 GMT -- Australia's S&P/ASX 200 is poised to open higher following three consecutive weeks of losses that pulled the benchmark index to its lowest level since September. ASX futures are up by 0.2%, getting tailwinds from a rally on Wall Street Friday as U.S. inflation came in below expectations. Before the bell, Integrated Research updated its sales and financial guidance, including projecting a roughly 34% drop in 1H revenue at the midpoint of its range. Austal said it was awarded a contract extension for two extra Australian Border Force patrol boats. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)

(END) Dow Jones Newswires

December 22, 2024 17:04 ET (22:04 GMT)

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