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CAR Group Shares Drop 4% Amid Tech Selloff, ASX 200 Holds Record
CAR Group shares declined 3.9% to A$25.50, underperforming a flat ASX 200 that closed at a record high. Market focus shifts to upcoming GDP figures and the company's dividend eligibility date.
CAR Group Shares Drop 4% Amid Tech Sell-Off, ASX 200 Hits Record
CAR Group shares declined nearly 4% on Monday, underperforming a flat ASX 200 that closed at a new record. The tech sector led losses as risk appetite waned.
Wesfarmers Gains Amid ACCC Complaint Over Bunnings-Uber Eats Pact
Wesfarmers shares closed higher despite volatility after Mitre 10 lodged a competition complaint over Bunnings' exclusive delivery partnership with Uber Eats. The dividend reinvestment plan pricing period is now active.
Wesfarmers Gains Amid ACCC Scrutiny of Bunnings-Uber Eats Pact
Wesfarmers Limited closed higher following a complaint filed with regulators over Bunnings' exclusive delivery partnership with Uber Eats. The company's dividend reinvestment plan pricing window is now open.
DroneShield Gains on Defense Demand Amid Middle East Tensions
DroneShield Limited closed up 6.9% at A$3.87, leading defense sector gains amid renewed Middle East tensions. The company recently announced A$21.7 million in new contracts for portable counter-drone systems.
DroneShield Gains on Defense Contracts Amid Geopolitical Tensions
DroneShield Limited closed up 6.9% at A$3.87 in Sydney trading, buoyed by A$21.7 million in new contracts and heightened investor focus on defense assets amid renewed Middle East instability.
Woolworths Gains Ahead of Dividend Date Amid Board Reshuffle
Woolworths Group shares advanced 1.9% to A$36.68, buoyed by its upcoming ex-dividend date and a 16.4% rise in half-year profit. The supermarket giant also confirmed a new director appointment.
Woolworths Shares Gain Ahead of Dividend Reset, Board Changes
Woolworths Group shares advanced 1.9% to A$36.68, with investors focused on the upcoming dividend reset and new board appointments. The company reported a 16.4% rise in half-year net profit.
Geopolitical Tensions Fuel Oil Spike, Test FTSE 100's Record Rally
Oil prices jumped over 6% on supply fears following military action against Iran, weighing on European stock futures. This tests the FTSE 100's momentum after it capped a record February with an 8-month winning streak.
Qantas Stock Drops as Middle East Tensions Fuel Airline Sector Selloff
Qantas Airways Ltd. shares closed down 5.4% at A$9.41, caught in a sector-wide decline as escalating U.S.-Iran tensions sparked concerns over higher fuel expenses and operational disruptions.
Qantas Stock Drops as Middle East Tensions Fuel Airline Sector Selloff
Qantas Airways Ltd. shares declined sharply as escalating U.S.-Iran tensions triggered a broad airline selloff, driven by fears of higher fuel expenses and travel disruptions. The S&P/ASX 200 edged slightly higher, lifted by energy and gold stocks.