On Friday, the S&P/ASX 200 Index finished the week with the smallest of declines.
According to the latest SPI futures, the ASX 200 is expected to open the day 57 points or 0.65% lower.
According to Bloomberg, the WTI crude oil price was down 1.6% to US$100.30 a barrel and the Brent crude oil price was down 0.9% to US$103.87 a barrel.
New Hope Corporation Ltd shares are overvalued according to Bell Potter.
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On Friday, the S&P/ASX 200 Index finished the week with the smallest of declines.
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The article, shortened and in plain language
On Friday, the S&P/ASX 200 Index finished the week with the smallest of declines. The benchmark index fell to 8,731.2 points.
The Australian share market looks set for a poor start to the week following a mixed session on Wall Street on Friday. According to the latest SPI futures, the ASX 200 is expected to open the day 57 points or 0.65% lower. In the United States, the Dow Jones was down 0.2%, the S&P 500 rose 0.15%, and the Nasdaq pushed 0.4% higher.
ASX 200 energy shares including Santos Ltd and Woodside Energy Group Ltd could have a soft start to the week after oil prices pulled back on Friday night. According to Bloomberg, the WTI crude oil price was down 1.6% to US$100.30 a barrel and the Brent crude oil price was down 0.9% to US$103.87 a barrel.
Nickel Industries Ltd shares could be worth a look according to Bell Potter.
According to CNBC, the gold futures price was up 0.55% to US$4,424.9 an ounce.
New Hope Corporation Ltd shares are overvalued according to Bell Potter.
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