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Wesfarmers share price holds near A$83 — what to watch before the ASX opens Monday
18 January 2026
1 min read

Wesfarmers share price holds near A$83 — what to watch before the ASX opens Monday

Sydney, Jan 18, 2026, 17:41 AEDT — Market closed

  • Wesfarmers (ASX:WES) ended Friday at A$83.21, marking a 0.27% rise.
  • The ASX 200 closed Friday at 8,903.90, rising 0.48% to stretch its winning streak to five days.
  • Attention this week centers on Australia’s CPI data due Jan 28, followed by the RBA meeting in early February, with Wesfarmers’ half-year results arriving Feb 19.

Wesfarmers Limited (WES.AX) shares ended Friday at A$83.21, edging up 0.27%. The stock saw no movement over the weekend since the Australian market remained closed. Wesfarmers

Investors now turn their attention to Australia’s December consumer price index (CPI), set for release on Jan 28. As the key inflation indicator, CPI has the power to swiftly shift rate expectations. Australian Bureau of Statistics

Company-specific updates are close at hand. The Perth-based owner of Bunnings, Kmart, and Officeworks is set to release half-year results on Feb 19. This will offer a fresh look at household spending and margin trends. Wesfarmers

The S&P/ASX 200 climbed 0.48% on Friday, closing at 8,903.90. That pushed the index up 2.13% across the last five trading days, according to MarketScreener data. MarketScreener Australia

Wesfarmers has climbed steadily in recent sessions. Shares gained 2.65% over the past five trading days and have risen 2.61% year-to-date, according to MarketScreener data. MarketScreener

Not much new from the company to move the tape. Wesfarmers’ investor page lists its latest ASX announcement as a tax contribution report dated Dec 11. Wesfarmers

Wesfarmers ended Friday with a market cap near A$94.5 billion, ranking it among the bigger consumer plays on the market. StockAnalysis

Wesfarmers is frequently traded alongside other major consumer players like Woolworths Group and Coles Group, especially as the market swings between concerns over growth and interest rates.

The local calendar throws in a couple of curveballs. The ASX kicks off trading on Monday but then shuts down again that same day, Jan 26, for the Australia Day public holiday. Australian Securities Exchange

Rate-watchers will note the Reserve Bank of Australia’s next policy meeting on Feb 2–3 falls between the CPI release and Wesfarmers’ half-year results. Reserve Bank of Australia

Monday’s open may follow trends from overseas. On Friday, U.S. stocks finished almost unchanged. Anthony Saglimbene, chief market strategist at Ameriprise Financial, said, “most investors will take that as a win two weeks into the year.” Reuters

The path isn’t set in stone. A hotter CPI reading might reignite rate-hike speculation, putting pressure on rate-sensitive consumer stocks. On the flip side, signs of weaker sales or deeper discounts ahead of the February reporting season could challenge demand for these shares.

Stock Market Today

  • AbbVie's Humira Launch on TrumpRx with 86% Discount Sparks Valuation Questions
    April 9, 2026, 9:02 AM EDT. AbbVie (NYSE:ABBV) has introduced Humira on the TrumpRx platform at an 86% discount under a White House pricing deal aiming to reduce patient costs and widen drug access. This marks a significant US pricing strategy shift post exclusivity for Humira, a key immunology therapy driving substantial revenue. The stock trades near $206.69, about 20% below analyst targets and 43.8% under fair value estimates. The deep discount could alter patient volume, payer ties, and pricing benchmarks in government-linked drug programs. AbbVie's revenue exposure of $61.2 billion and a high price-to-earnings ratio of 87.3 place focus on potential impacts to cash flow and dividends amid its debt load. Investors should monitor reactions from payers, competitors, and capital markets to this pricing shift that could redefine AbbVie's US market dynamics.

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