ASX Preview: Australian Shares Set to Rise After US Shutdown Deal; Aristocrat Leisure Posts Higher Fiscal 2025 Earnings, Revenue

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Australian shares are poised to rise on Wednesday after the US Senate approved a deal to end the record 42-day government shutdown, easing investor concerns over economic disruption and lifting Wall Street sentiment overnight.

Overnight, the S&P 500 and the Dow Jones Industrial Average rose 0.2% and 1.2%, respectively, while the Nasdaq Composite fell 0.3%.

In the macroeconomy, the lending indicators report is due at 11:30 am Sydney time.

In corporate news, Aristocrat Leisure (ASX:ALL) reported Wednesday fiscal 2025 earnings of AU$2.472 per share, before amortization of acquired intangibles, on revenue of AU$6.3 billion, compared with earnings of AU$2.159 on revenue of AU$5.67 billion a year earlier.

GQG Partners’ (ASX:GQG) funds under management rose to $163.7 billion as of Oct. 31 from $159.4 billion a year ago.

Australia’s benchmark index fell 0.2% or 17.1 points to close at 8,818.80 on Tuesday.