Market Overview - Australian shares are expected to open flat, with minimal changes in futures [1] - The tech sector in the U.S. has experienced a significant sell-off, with the S&P 500 down nearly -1.2% and the Nasdaq composite down -1.8% [3] - European and Asian markets are not providing direction for Australia, with London's FTSE up +0.9% and Japan's Nikkei up +0.5% [3] Company News - ANZ Group (ASX:ANZ) is facing shareholder dissatisfaction over a board pay plan and responses to compliance failures, leading to a second investor strike [4] - Santos (ASX:STO) is preparing financing for a large LNG project in Papua New Guinea, with total costs projected to reach $27 billion [5] - Elders (ASX:ELD) is holding an AGM where investors will inquire about succession plans for long-time chief Mark Allison [5] - Netwealth (ASX:NWL) has reached a settlement with ASIC, agreeing to pay over $100 million to those affected by First Guardian's fund collapse [6] - Treasury Wines (ASX:TWE) has seen a -10% decline this week due to sales misses [6] Commodities and Forex - The Australian dollar is trading at 66 U.S. cents [7] - Iron Ore prices have increased by +1% to $103.60 per tonne [7] - Brent Crude oil has risen by +2.8% to $60.57 per barrel [7] - Gold is priced at $4,350 per ounce [7] - U.S. natural gas futures have surged by +5% to $4.10 per gigajoule [7]
ASX Market Open: Aimless day for Aussie bourse again; Wall Street tech falls | Dec 18