Australian shares are set for modest opening gains after index bellwether Commonwealth Bank posting a better than expected profit in its half-year reporting.
Australian share futures rose 4 points, or 0.1 per cent, to 8440 at 7.57am as futures responded to the positive earnings result from Australia’s largest bank. Futures had predicted the S&P/ASX 200 would open lower before the results.
Source: https://www.afr.com/markets/equity-markets/asx-to-slip-wall-st-edges-lower-on-rate-outlook-20250212-p5lbd8