Latest News
Whitehaven Coal Slides on H1 Loss, Launches Modest Buyback
Whitehaven Coal shares declined 2.7% to A$7.81 following the release of first-half results showing an underlying net loss and the commencement of a limited buyback.
Woolworths Shares Slide Ahead of Key Earnings Amid Regulatory Pressure
Woolworths shares declined 2.3% on Friday, closing at A$31.23, as regulatory scrutiny intensifies ahead of the company's half-year financial report scheduled for February 25.
Evolution Mining Gains as Chair Sells Shares; Gold and Dividend Outlook in Focus
Evolution Mining Ltd shares advanced 0.7% to A$15.05 even as Chair Jacob Klein sold 3.25 million shares. Gold prices remained near $5,000 per ounce but faced weekly pressure from a stronger U.S. dollar.
QBE Insurance Surges on Strong Profit, Dividend Boost, and Strategic Divestiture
QBE Insurance Group's stock jumped 7.1% following robust full-year results, a dividend increase, and a deal to sell its Global Trade Credit and Surety business to Swiss Re Corporate Solutions.
Ether Holds Near $1,950 Amid NFT Utility Shift and Prediction Market Scrutiny
Ether traded around $1,955 on Friday, down 0.73%, with $18 billion in volume. The focus shifts to utility NFTs as prediction markets face criticism from Ethereum co-founder Vitalik Buterin.
Fortescue Shares Dip Ahead of Key Earnings and Mine Decision
Fortescue Metals shares declined 1.3% to close at A$20.04, with trading volume reaching 6.4 million shares. The market now focuses on the company's upcoming earnings report and the environmental review for its proposed Wyloo North iron ore mine.
WiseTech Global Shares Drop Ahead of Key Earnings Report
WiseTech Global shares declined 3.8% to A$47.10 in Sydney trading as markets positioned for the company's upcoming half-year earnings report on February 25.
ANZ Leads Banking Rally Ahead of Key Inflation Data
ANZ Group Holdings Ltd closed at A$40.70, gaining 1.6% and outperforming a flat broader market. Investor focus now shifts to upcoming inflation data for clues on the interest rate trajectory.
Wesfarmers Shares Slip Despite Profit Beat as Investors Eye Consumer Outlook
Wesfarmers reported higher first-half earnings and raised its dividend, but shares declined as management warned of patchy consumer demand and outlined price investment plans funded by productivity gains.
Zip Co Launches $50M Buyback Amid Investor Jitters Over Flat Outlook
Zip Co plans a $50 million share buyback after its stock plunged 37% in two days. The move comes despite management forecasting flat second-half earnings and increased credit losses.
Woodside Energy Gains on Oil Price Strength, Eyes Annual Report
Woodside Energy Group's stock advanced alongside rising crude prices, driven by geopolitical tensions. The market's focus now shifts to the company's upcoming annual report and production outlook.
Northern Star Dips as Gold Awaits U.S. Inflation Data
Northern Star Resources shares declined slightly as gold markets held steady but faced weekly losses. Investors focused on upcoming U.S. inflation figures and currency movements affecting miner margins.