LSEG Shares Dip as Investors Await Results After Bank of America Data Deal
Markets Daniel Marsh

LSEG Shares Dip as Investors Await Results After Bank of America Data Deal

LSEG shares declined 0.8% in early London trading following a strategic data partnership announcement with Bank of America, with investor focus shifting to upcoming financial results.

LSE
BAE Systems Stock Surges on Strong Earnings, Record Order Book
Earnings James Calloway

BAE Systems Stock Surges on Strong Earnings, Record Order Book

BAE Systems shares surged more than 6% in early London trading following robust annual results, including a 12% rise in underlying operating profit and a record order backlog of £83.6 billion.

BAESY
Evolution Mining Extends Losses as Gold Volatility Tests Miners
Commodities Rebecca Torres

Evolution Mining Extends Losses as Gold Volatility Tests Miners

Evolution Mining shares declined 2.2% to A$14.59, marking a fifth straight day of losses. Gold rebounded 1.1% to $4,931.61 an ounce after recent declines, with traders focused on U.S. Federal Reserve policy signals.

GLD
Santos Announces Workforce Reduction, Maintains Outlook Amid Profit Shortfall
Earnings James Calloway

Santos Announces Workforce Reduction, Maintains Outlook Amid Profit Shortfall

Santos shares fell following a full-year profit miss, with the company announcing a 10% reduction in its workforce and a portfolio review. The energy producer maintained its 2026 guidance and declared a final dividend.

USO XLE
Fortescue Gains as Wyloo Mine Enters Public Review, Results Loom
Regulation James Calloway

Fortescue Gains as Wyloo Mine Enters Public Review, Results Loom

Fortescue shares advanced slightly as regulators began a public feedback period for its proposed Wyloo North iron ore mine. Investors are focused on the upcoming comment deadline and the company's half-year financial report.

BHP
Pro Medicus Shares Slide Amid Insider Purchases, Brokers Cut Targets
Earnings James Calloway

Pro Medicus Shares Slide Amid Insider Purchases, Brokers Cut Targets

Pro Medicus shares declined further despite insider buying, with the stock down 43% year-to-date. The medical imaging software firm posted strong half-year results but faces near-term headwinds.

Wesfarmers Gains Ahead of Key Half-Year Report
Earnings James Calloway

Wesfarmers Gains Ahead of Key Half-Year Report

Wesfarmers Ltd edged higher ahead of its half-year financial report, with the market focused on retail performance and forward outlook. The broader ASX 200 index also advanced.

EWA
Northern Star Retreats as Gold Holds Near $5,000 Amid Fed Watch
Commodities Rebecca Torres

Northern Star Retreats as Gold Holds Near $5,000 Amid Fed Watch

Northern Star Resources closed lower, tracking gold's consolidation near the $5,000 mark. Market focus remains on upcoming U.S. economic data and its impact on bullion.

GLD
BlueScope Steel Reviews Sweetened $32.35 Per Share Takeover Bid
Markets Daniel Marsh

BlueScope Steel Reviews Sweetened $32.35 Per Share Takeover Bid

BlueScope Steel shares advanced 2.6% as the company confirmed it is evaluating a revised non-binding takeover proposal from SGH and Steel Dynamics. The board cautioned there is no certainty a deal will be reached.

Telstra Gains Ahead of Key Earnings, Dividend Dates
Earnings James Calloway

Telstra Gains Ahead of Key Earnings, Dividend Dates

Telstra shares closed slightly higher as the market anticipates Thursday's half-year results and the upcoming ex-dividend trading period. Investors are focused on dividend announcements and mobile segment performance.

Woodside Energy Reserves Dip Ahead of Annual Results
Earnings James Calloway

Woodside Energy Reserves Dip Ahead of Annual Results

Woodside Energy's proved reserves declined year-over-year, but technical updates and project approvals added 134.1 MMboe excluding production. The market now focuses on the upcoming annual report.

Macquarie Asset Management Acquires IHS Towers' Latin American Portfolio for $685M
Markets Daniel Marsh

Macquarie Asset Management Acquires IHS Towers' Latin American Portfolio for $685M

Macquarie Group Ltd shares gained 0.6% after its asset management division announced a $685 million acquisition of IHS Towers' South American wireless tower portfolio. The transaction is expected to close in 2026.