ASX Preview: Australian Shares to Fall After Israel-Lebanon Strikes Deemed Ceasefire Violation; Bendigo and Adelaide Bank Warns of Workforce Changes

MT Newswires Live
Apr 09

Australian shares are poised to fall on Thursday amid renewed geopolitical tensions after Israel's strikes on Lebanon were labeled a ceasefire violation and Iran threatened retaliation, raising concerns over regional stability and global oil supply.

Overnight, the S&P 500, the Nasdaq Composite, and the Dow Jones Industrial Average rose 2.5%, 2.8%, and 2.9%, respectively.

In the macroeconomy, investors are eyeing the release of Australia's building approvals report on Friday.

In corporate news, Bendigo and Adelaide Bank (ASX:BEN) flagged workforce changes and said unaudited cash earnings for the third quarter of fiscal 2026 reached AU$137.9 million, up 7.6% on the first-half quarterly average.

Charter Hall Group (ASX:CHC) secured a AU$1.2 billion diversified direct property mandate from an existing institutional client, with portfolio details remaining confidential.

Australia's benchmark index rose 2.6% or 223 points to close at 8,951.80 on Wednesday.

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. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10