Australia Shares Set to Rise in Early Trade -- Market Talk
Dow Jones
Jun 03
Australian stocks are poised to open higher after modest gains on Wall Street. ASX futures are up by 0.4% ahead of Wednesday's session, suggesting that the S&P/ASX 200 could reverse losses from the past two days. Before the bell, Megaport announced A$458.9 million in new AI infrastructure contracts and an entitlement offer to raise A$827.3 million. Northern Star, in which activist Elliott has announced a large stake, released a much-anticipated resources and reserves update that for the first time included estimates for its prized Hemi project. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)
(END) Dow Jones Newswires
June 02, 2026 18:52 ET (22:52 GMT)
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