Wagners Founders Sell $132M Stake, Stock Dips Ahead of Key Filings
Markets Daniel Marsh

Wagners Founders Sell $132M Stake, Stock Dips Ahead of Key Filings

Shares in Wagners Holding Company declined following a major insider sale by two founding brothers, raising questions about future supply pressure as the market awaits regulatory disclosures.

Wagners Founders Offload Major Stake, Shares Dip
Markets Daniel Marsh

Wagners Founders Offload Major Stake, Shares Dip

Shares in Wagners Holding Company Ltd declined following a substantial share sale by founding family members Neill and Joseph Wagner, who sold 30 million shares at A$4.40 each.

Australian Banks Slip as Oil Spike Sparks Inflation Fears; GDP Data Awaited
Markets Daniel Marsh

Australian Banks Slip as Oil Spike Sparks Inflation Fears; GDP Data Awaited

Westpac shares fell 1.74% amid a broad selloff in Australian bank stocks, driven by a nearly 10% surge in Brent crude following Middle East tensions. The ASX 200 closed flat at a record high.

ANZBY MQBKY GLD USO XLF XLE EWA
Australian Banks Slip as Oil Spike Sparks Inflation Fears; GDP Data Awaited
Markets Daniel Marsh

Australian Banks Slip as Oil Spike Sparks Inflation Fears; GDP Data Awaited

Westpac shares dropped 1.74% as a sharp rise in oil prices triggered a sell-off in Australian bank stocks. The broader ASX 200 closed flat at a record high, supported by energy gains.

ANZBY MQBKY USO XLE XLF
Northern Star Surges on Gold Rally, Dividend Date Looms
Commodities Rebecca Torres

Northern Star Surges on Gold Rally, Dividend Date Looms

Northern Star Resources Ltd rallied 4.8% to A$31.73 as gold prices surged following military strikes in the Middle East. Investors now focus on the March 4 ex-dividend date for a A$0.25 interim payout.

GLD
Northern Star Surges on Gold Rally, Dividend Date Looms
Commodities Rebecca Torres

Northern Star Surges on Gold Rally, Dividend Date Looms

Northern Star Resources climbed 4.8% as gold rallied on safe-haven demand. Investors now focus on the March 4 ex-dividend date for a $0.25 payout.

GLD
BHP Reaches 52-Week Peak Ahead of Key Dividend Milestone
Markets Daniel Marsh

BHP Reaches 52-Week Peak Ahead of Key Dividend Milestone

BHP Group Ltd surged to a 52-week high of A$59.25, gaining 1.4% as the market anticipates its upcoming ex-dividend date. The mining giant also updated its interim dividend notice with key currency conversion details.

BHP RIO GLD SLV USO XLE
BHP Reaches 52-Week Peak Ahead of Dividend Deadline
Markets Daniel Marsh

BHP Reaches 52-Week Peak Ahead of Dividend Deadline

BHP Group Ltd surged to a 52-week high of A$59.25, up 1.4%, as the market anticipates its upcoming ex-dividend date. Iron ore benchmarks softened amid high inventory levels.

BHP RIO GLD SLV USO XLE
ANZ Shares Slide Amid Oil Spike, GDP Data Looms
Markets Daniel Marsh

ANZ Shares Slide Amid Oil Spike, GDP Data Looms

ANZ Group Holdings dropped 1.8% to A$39.32 as rising crude prices fueled inflation concerns, weighing on financials. Market focus shifts to Australia's upcoming GDP data.

ANZBY USO XLF
ANZ Shares Slide Amid Oil Spike, GDP Data Looms
Markets Daniel Marsh

ANZ Shares Slide Amid Oil Spike, GDP Data Looms

ANZ Group Holdings dropped 1.8% as rising crude prices fueled inflation fears, weighing on financials. Investors now await key Australian GDP data for clues on the economic outlook.

ANZBY USO XLF
Woodside Energy Surges on Oil Price Spike Amid Hormuz Tensions
Commodities Rebecca Torres

Woodside Energy Surges on Oil Price Spike Amid Hormuz Tensions

Woodside Energy Group Ltd shares surged 6.8% to A$30.24 on Monday, driven by a sharp rally in oil prices following escalating tensions in the Middle East that threaten supply routes through the Strait of Hormuz.

USO XLE
Woodside Energy Surges on Oil Price Spike Amid Hormuz Tensions
Commodities Rebecca Torres

Woodside Energy Surges on Oil Price Spike Amid Hormuz Tensions

Woodside Energy Group Ltd shares surged 6.8% to close at A$30.24 on Monday, driven by a sharp rally in oil prices due to escalating Middle East tensions threatening supply routes. The stock traded 14.5 million shares ahead of its March 5 ex-dividend date.

USO XLE