Australia Shares Set to Rise in Early Trade -- Market Talk

Dow Jones

06/03

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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ASX futures are up by 0.4% ahead of Wednesday's session, suggesting that the S&amp;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. <a href=\"https://laohu8.com/S/STIC.U\">Northern Star</a>, 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. 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ASX futures are up by 0.4% ahead of Wednesday's session, suggesting that the S&amp;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. <a href=\"https://laohu8.com/S/STIC.U\">Northern Star</a>, 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. 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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) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 02, 2026 18:52 ET (22:52 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}