2345 GMT [Dow Jones] Australia's sharemarket is set to open flat Monday, suggesting a rather quiet weekly start with no major macroeconomic news scheduled. Futures prices indicate the S&P/ASX 200 could climb a mere 2 points to 5749 when trading begins. Stocks to watch are paint maker Dulux (DLX.AU), which posted a decline in first-half profit Monday, and the market debut of South32 (S32.AU), the new spinoff company of mining giant BHP Billiton (BHP.AU) whose valuation is roughly estimated at US$10 billion. South 32 will commence trading at 0200GMT. (vera.sprothen@wsj.com)

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

BHP (NYSE:BBL)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more BHP Charts.
BHP (NYSE:BBL)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more BHP Charts.