ASX Preview: Australian Shares Set for Lower Open After Another Wall Street Sell-Off

MT Newswires Live

03-14

Australian equities are poised to open lower on Friday after another session of sell-off on Wall Street.

A fall in oil prices may lead to a tough session for companies like Santos (ASX:STO) and Karoon Energy (ASX:KAR) after US President Donald Trump's tariff policies raised fears of a decline in global demand.

The Nasdaq Composite fell 2%, the S&P 500 lost 1.4% as it dropped to a correctional territory, and the Dow Jones Industrial Average ended 1.3% lower.

In corporate news, Chalice Mining (ASX:CHN) reported Thursday a loss per diluted share from continuing operations of AU$0.0362 in the fiscal first half, narrower than AU$0.0734 a year earlier.

ANZ Group Holdings (ASX:ANZ, NZE:ANZ) digital banking service ANZ Plus has reached 1 million customers and nearly AU$20 billion in deposits with around one in two customers being new to the company, the lender said in a statement Thursday.

Australia's benchmark index fell 0.5% Thursday to close at 7,749.10.

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