Latest News
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.
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.
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
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.
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.
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
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
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
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.
ANZ Shares Dip as Bank Earnings Season Concludes, Focus Turns to Rates
ANZ Group shares declined 0.33% to A$39.23, marking a second consecutive drop, while National Australia Bank jumped to a record high. Market attention shifts to Reserve Bank rate expectations and ANZ's financial results due in May.
CSL Shares Gain on $100M Lilly Kidney Drug Partnership, Buyback Continues
CSL Ltd shares advanced following a $100 million licensing agreement with Eli Lilly for the kidney disease drug clazakizumab. The company also continued its share repurchase program.
NAB Shares Surge to Record High on Strong Q1 Earnings, Capital Levels in Focus
National Australia Bank shares climbed 4% to a record close after posting robust first-quarter results, though a dip in its capital ratio has drawn market attention.