ASX Preview: Australian Shares Set to Fall as Oil Retreats; James Hardie to Close California, South Carolina Manufacturing Facilities

MT Newswires Live

Jan 16

Australian shares are poised to fall on Friday as oil prices eased from a five-day rally following comments by US President Donald Trump suggesting a reduced likelihood of military action in Iran, while rising US inventories and Venezuela's resumption of crude exports added further pressure.

Overnight, the S&P 500 and the Nasdaq Composite each rose 0.3%, while the Dow Jones Industrial Average gained 0.6%.

In the macroeconomy, investors are eyeing Australia's labor force report set to be released on Jan. 22.

In corporate news, James Hardie Industries (ASX:JHX) will close the manufacturing facilities in Fontana, California, and Summerville, South Carolina, within the next 60 days, and the sites' manufacturing operations will be absorbed by other facilities, according to a Friday Australian bourse filing.

Qube Holdings (ASX:QUB) said Macquarie Group's (ASX:MQG) Macquarie Asset Management (MAM) unit provided the confirmation required under the process and exclusivity deed to extend the exclusivity period in relation to MAM's previously disclosed indicative acquisition proposal, according to a Friday Australian bourse filing.

Australia's benchmark index rose 0.5% or 41.1 points to close at 8,861.70 on Thursday.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2603103931"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2603103931\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2603103931?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-01-16 07:15","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2603103931","market":"fut","top_or_hot":-1,"title":"ASX Preview: Australian Shares Set to Fall as Oil Retreats; James Hardie to Close California, South Carolina Manufacturing Facilities","media":"MT Newswires Live","content":"<html><body><p> Australian shares are poised to fall on Friday as oil prices eased from a five-day rally following comments by US President Donald Trump suggesting a reduced likelihood of military action in Iran, while rising US inventories and Venezuela's resumption of crude exports added further pressure.</p><p>Overnight, the S&amp;P 500 and the Nasdaq Composite each rose 0.3%, while the Dow Jones Industrial Average gained 0.6%.</p><p>In the macroeconomy, investors are eyeing Australia's labor force report set to be released on Jan. 22.</p><p>In corporate news, <a href=\"https://laohu8.com/S/JHIUF\">James Hardie</a> Industries (ASX:JHX) will close the manufacturing facilities in Fontana, California, and Summerville, South Carolina, within the next 60 days, and the sites' manufacturing operations will be absorbed by other facilities, according to a Friday Australian bourse filing.</p><p>Qube Holdings (ASX:QUB) said <a href=\"https://laohu8.com/S/MQG.AU\">Macquarie</a> Group's (ASX:MQG) Macquarie Asset Management (MAM) unit provided the confirmation required under the process and exclusivity deed to extend the exclusivity period in relation to MAM's previously disclosed indicative acquisition proposal, according to a Friday Australian bourse filing.</p><p>Australia's benchmark index rose 0.5% or 41.1 points to close at 8,861.70 on Thursday.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>ASX Preview: Australian Shares Set to Fall as Oil Retreats; James Hardie to Close California, South Carolina Manufacturing Facilities</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nASX Preview: Australian Shares Set to Fall as Oil Retreats; James Hardie to Close California, South Carolina Manufacturing Facilities\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-01-16 07:15</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Australian shares are poised to fall on Friday as oil prices eased from a five-day rally following comments by US President Donald Trump suggesting a reduced likelihood of military action in Iran, while rising US inventories and Venezuela's resumption of crude exports added further pressure.</p><p>Overnight, the S&amp;P 500 and the Nasdaq Composite each rose 0.3%, while the Dow Jones Industrial Average gained 0.6%.</p><p>In the macroeconomy, investors are eyeing Australia's labor force report set to be released on Jan. 22.</p><p>In corporate news, <a href=\"https://laohu8.com/S/JHIUF\">James Hardie</a> Industries (ASX:JHX) will close the manufacturing facilities in Fontana, California, and Summerville, South Carolina, within the next 60 days, and the sites' manufacturing operations will be absorbed by other facilities, according to a Friday Australian bourse filing.</p><p>Qube Holdings (ASX:QUB) said <a href=\"https://laohu8.com/S/MQG.AU\">Macquarie</a> Group's (ASX:MQG) Macquarie Asset Management (MAM) unit provided the confirmation required under the process and exclusivity deed to extend the exclusivity period in relation to MAM's previously disclosed indicative acquisition proposal, according to a Friday Australian bourse filing.</p><p>Australia's benchmark index rose 0.5% or 41.1 points to close at 8,861.70 on Thursday.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7511","symbol_name":"ESG概念","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2603103931","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2603103931","pubTimestamp":1768518949,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Australian shares are poised to fall on Friday as oil prices eased from a five-day rally following comments by US President Donald Trump suggesting a reduced likelihood of military action in Iran, while rising US inventories and Venezuela's resumption of crude exports added further pressure.Overnight, the S&P 500 and the Nasdaq Composite each rose 0.3%, while the Dow Jones Industrial Average gained 0.6%.In the macroeconomy, investors are eyeing Australia's labor force report set to be released on Jan. 22.In corporate news, James Hardie Industries  will close the manufacturing facilities in Fontana, California, and Summerville, South Carolina, within the next 60 days, and the sites' manufacturing operations will be absorbed by other facilities, according to a Friday Australian bourse filing.Qube Holdings  said Macquarie Group's  Macquarie Asset Management  unit provided the confirmation required under the process and exclusivity deed to extend the exclusivity period in relation to MAM's","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7511":"ESG概念","MQG.AU":"Macquarie","XAO.AU":"标普/澳交所 普通股指数","CARO":"Carolina Financial Corporation","QUB.AU":"QUBE HOLDINGS LTD","BK7062":"资产管理与托管银行","JHX.AU":"JAMES HARDIE INDUSTRIES-CDI","XKO.AU":"标普/澳交所 300指数","BK7044":"建筑材料","MAM.AU":"MICROEQUITIES ASSET MANAGEME","BK7079":"海港与服务","BK7046":"综合性资本市场","XJO.AU":"标普/澳交所 200指数"},"translate_title":"澳大利亚证券交易所前瞻：随着油价回落，澳大利亚股市将下跌；詹姆斯·哈迪将关闭加利福尼亚州和南卡罗来纳州的制造工厂","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XKO.AU":1.5,"XJO.AU":1.5,"CARO":1.5,"MAM.AU":1,"QUB.AU":1,"MQG.AU":1,"XAO.AU":1.5,"JHX.AU":1.5},"content_text":"Australian shares are poised to fall on Friday as oil prices eased from a five-day rally following comments by US President Donald Trump suggesting a reduced likelihood of military action in Iran, while rising US inventories and Venezuela's resumption of crude exports added further pressure.Overnight, the S&P 500 and the Nasdaq Composite each rose 0.3%, while the Dow Jones Industrial Average gained 0.6%.In the macroeconomy, investors are eyeing Australia's labor force report set to be released on Jan. 22.In corporate news, James Hardie Industries (ASX:JHX) will close the manufacturing facilities in Fontana, California, and Summerville, South Carolina, within the next 60 days, and the sites' manufacturing operations will be absorbed by other facilities, according to a Friday Australian bourse filing.Qube Holdings (ASX:QUB) said Macquarie Group's (ASX:MQG) Macquarie Asset Management (MAM) unit provided the confirmation required under the process and exclusivity deed to extend the exclusivity period in relation to MAM's previously disclosed indicative acquisition proposal, according to a Friday Australian bourse filing.Australia's benchmark index rose 0.5% or 41.1 points to close at 8,861.70 on Thursday.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}