Aussie shares expected to rise

JB Hi-Fi is one of the companies reporting its earnings this week. (Image: Greg Bowker)

Mon, 12 Aug 2024

Australia’s S&P/ASX 200 is set to rise at the start of a week packed with earnings reports by some of the country’s best-known companies. ASX futures are already up by 0.8%, suggesting the benchmark index is likely to follow US equities higher. On Friday, the DJIA added 0.1%, the S&P 500 rose 0.5% and the Nasdaq Composite gained 0.5%. Companies including electronics and entertainment retailer JB Hi-Fi and energy explorer Beach Energy are scheduled to report earnings on Monday. Telstra, Origin Energy and Treasu...

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