South32 Shares Dip Amid Copper Volatility and Dividend Focus
Commodities Rebecca Torres

South32 Shares Dip Amid Copper Volatility and Dividend Focus

South32 shares closed lower at A$4.39, with markets focused on copper price volatility and the company's interim dividend ex-date of March 5. The miner also plans to idle its Mozal aluminium smelter in Mozambique.

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Shell Shares Reach New Peak as Venezuela Licenses Unlock Dragon Gas Project
Commodities Rebecca Torres

Shell Shares Reach New Peak as Venezuela Licenses Unlock Dragon Gas Project

Shell shares climbed to a fresh 52-week high after the company confirmed new U.S. licenses enable advancement of its long-delayed Dragon natural gas project in Venezuela. The development comes amid elevated crude prices driven by geopolitical tensions.

SHEL BP XLE USO
Lynas Gains Ahead of Key Earnings as Rare Earth Prices Rally
Earnings James Calloway

Lynas Gains Ahead of Key Earnings as Rare Earth Prices Rally

Lynas Rare Earths shares advanced Friday, supported by rising rare earth prices. The market now focuses on the company's half-year results due February 26.

AGL Energy Gains Ahead of Dividend Cut-Off as Utilities Outperform
Markets Daniel Marsh

AGL Energy Gains Ahead of Dividend Cut-Off as Utilities Outperform

AGL Energy shares edged higher Friday, trading above average volume ahead of its interim dividend ex-date. The utilities sector rose 0.7% while the broader ASX 200 dipped slightly.

AGL
Ramsay Health Care Proposes Ramsay Santé Spin-Off, Shares Gain
Markets Daniel Marsh

Ramsay Health Care Proposes Ramsay Santé Spin-Off, Shares Gain

Ramsay Health Care shares advanced after announcing a plan to separate its majority stake in French-listed Ramsay Santé. The proposed spin-off is slated for late 2026, pending approvals.

Santos Shares Dip Amid Major Gas Deal, Dividend Date Nears
Commodities Rebecca Torres

Santos Shares Dip Amid Major Gas Deal, Dividend Date Nears

Santos shares declined 0.9% to A$6.94 following a major gas supply agreement and ahead of its final dividend ex-date on February 23.

XLE USO
Xero Shares Drop Amid Tech Sell-Off, AI Rollout Fails to Lift Sentiment
Technology Sarah Chen

Xero Shares Drop Amid Tech Sell-Off, AI Rollout Fails to Lift Sentiment

Xero shares declined 3.7% on Friday, underperforming a weak ASX technology sector. The sell-off occurred even as the company announced AI-powered automation tools for UK customers ahead of tax digitization deadlines.

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PLS Shares Slide on Profit, Dividend Decision, and Plant Restart Plan
Earnings James Calloway

PLS Shares Slide on Profit, Dividend Decision, and Plant Restart Plan

PLS Group shares declined 4.6% to A$4.18 after the company reported a first-half net profit of A$33 million but opted against an interim dividend. The board also approved a July 2026 restart for the Ngungaju processing plant.

Pro Medicus Shares Dip Ahead of Dividend Date Amid Contract Timing Scrutiny
Earnings James Calloway

Pro Medicus Shares Dip Ahead of Dividend Date Amid Contract Timing Scrutiny

Pro Medicus shares declined 2.1% to A$126.51, with attention turning to its upcoming ex-dividend date and analyst focus on contract timing issues affecting recent earnings.

Paladin Energy Gains on Key Canadian Uranium Project Approval
Commodities Rebecca Torres

Paladin Energy Gains on Key Canadian Uranium Project Approval

Paladin Energy Ltd. advanced after receiving provincial environmental sign-off for its Patterson Lake South uranium project in Canada. The approval marks a key regulatory milestone as the company progresses toward federal licensing.

GLD
Telix Soars on Strong Revenue Growth and Upbeat 2026 Forecast
Earnings James Calloway

Telix Soars on Strong Revenue Growth and Upbeat 2026 Forecast

Telix Pharmaceuticals shares jumped 14.2% following the release of its full-year results, which showed a 56% revenue increase to US$803.8 million for 2025 and a forecast for 2026 revenue between US$950 million and US$970 million.

Mineral Resources Shares Slump Despite Record Earnings, Focus Shifts to Debt
Earnings James Calloway

Mineral Resources Shares Slump Despite Record Earnings, Focus Shifts to Debt

Mineral Resources Ltd shares dropped 5.3% despite reporting record first-half earnings, as the market focused on the company's decision to skip its interim dividend and its ongoing debt reduction efforts.