Australia Shares Set to Open Lower -- Market Talk

Dow Jones

2025/01/02

2232 GMT -- Australian stocks are poised for a soft start, taking cues from Wall Street where U.S. stocks fell on the final day of 2024. ASX futures are down by 0.9%, suggesting the country's benchmark index could spend a third consecutive session in the red. Ahead of the bell, Lendlease agrees to sell its U.K. construction business to Atlas Holdings for GBP35 million and cobalt company Jervois Global signs a recapitalization agreement with Millstreet Capital Management. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)

(END) Dow Jones Newswires

January 01, 2025 17:32 ET (22:32 GMT)

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