Shan Ahmed Khan

As a journalist focused on finance and the stock market, he delivers fast, reliable, and easy-to-understand coverage of market news.

Wesfarmers share price edges up into weekend — what ASX investors watch next for WES

Wesfarmers share price edges up into weekend — what ASX investors watch next for WES

Sydney, Jan 17, 2026, 17:32 (AEDT) — Market closed. Wesfarmers Ltd (WES.AX) closed Friday up 0.27% at A$83.21, as Australia’s stock market wrapped up for the weekend. The shares oscillated between A$82.21 and A$83.24 during the session. (Investing.com) That modest bump counts—it sets the stage as the calendar fills up. Wesfarmers has gained roughly 2.8% over the past week, tightening the margin for any disappointing demand or cost figures in its upcoming report. (Intelligent Investor) The Perth-based group spans both household-focused retail and industrial sectors, covering Bunnings, Kmart Group, Officeworks, as well as chemicals, fertilisers, and a lithium joint venture.
Westpac share price jumps 1.8% into weekend — what to watch before ASX reopens

Westpac share price jumps 1.8% into weekend — what to watch before ASX reopens

SYDNEY, Jan 17, 2026, 17:23 AEDT — Market closed Westpac Banking Corp (WBC.AX) shares closed Friday up 1.82% at A$39.19, after swinging between A$38.35 and A$39.34. Investors stepped back into Australia’s major banks ahead of the weekend. (Investing.com) It’s significant now because banks are once again carrying the local market, often steering the mood when traders get jittery over interest rates. The S&P/ASX 200 climbed 0.48% on Friday and closed the week 2.1% higher, staying close to an 11-week peak. (CommBank) Westpac led the big four banks higher, outpacing its peers who each added roughly 0.5%. Macquarie Group surged 2.6%,
Woolworths share price ends week at A$30.35 — what to watch before the ASX reopens

Woolworths share price ends week at A$30.35 — what to watch before the ASX reopens

Sydney, Jan 17, 2026, 17:25 AEDT — Market closed. Woolworths Group Ltd shares closed Friday 0.5% higher at A$30.35, having fluctuated between A$30.09 and A$30.41 during the session. (StockAnalysis) With the market closed over the weekend, all eyes turn to what might move stocks when trading picks up again Monday. Investors aren’t focused on just one big story; instead, they’re watching to see if supermarket earnings hold steady as shoppers hunt more aggressively for bargains. Woolworths offered investors a different kind of update—one that skips the usual profit-and-loss details. The retailer has refocused attention on supply-chain emissions just as the
Walmart’s CEO handover sparks sweeping exec shake-up — new bosses for U.S., International and Sam’s Club

Walmart’s CEO handover sparks sweeping exec shake-up — new bosses for U.S., International and Sam’s Club

BENTONVILLE, Ark., Jan. 17, 2026, 12:10 a.m. CST Walmart plans a major leadership shuffle starting Feb. 1, with John Furner stepping in as CEO. David Guggina, currently heading e-commerce, will take over Walmart U.S., while Chris Nicholas, who runs Sam’s Club, moves to lead Walmart International. Latriece Watkins is set to become Sam’s Club CEO. Meanwhile, Seth Dallaire, the U.S. chief growth officer, will broaden his responsibilities to become Walmart Inc.’s chief growth officer, the company said on Friday. Walmart’s U.S. segment accounts for about two-thirds of its annual revenue. Shares were unchanged in Friday morning trading, Reuters reported. (Reuters)
ANZ share price ends week firmer — here’s what could move it when ASX reopens

ANZ share price ends week firmer — here’s what could move it when ASX reopens

Sydney, Jan 17, 2026, 17:16 (AEDT) — The market has closed. ANZ Group Holdings Ltd shares closed Friday 0.5% higher at A$37.52, wrapping up the week on a positive note. Trading picks back up Monday on the Australian Securities Exchange. (Yahoo Finance) This shift is significant as bank stocks are once again heavily influenced by interest-rate expectations. Changes in investor sentiment about the Reserve Bank of Australia’s next steps usually hit the majors fast, affecting both bank margins and loan demand. ANZ offers a clear view of the domestic economy. If data shows households are still spending, bulls highlight credit
NAB share price ends the week higher — what to watch before Monday’s ASX open

NAB share price ends the week higher — what to watch before Monday’s ASX open

Sydney, Jan 17, 2026, 17:18 AEDT — Market closed National Australia Bank shares closed Friday 0.7% higher at A$42.67, a slight gain that kept pace with the broader rally in Australian banks ahead of the weekend. (StockAnalysis) For NAB and its rivals, the immediate focus remains on interest rates — not only the current stance of the Reserve Bank of Australia but also the pace of its next moves. Bank profits often shift alongside rate forecasts, since higher interest can boost lending margins while squeezing borrowers. Mortgage pricing is stirring up debate. Commonwealth Bank bumped fixed home loan rates by
CSL share price nudges up after fresh U.S. ADR filing — what to watch next week

CSL share price nudges up after fresh U.S. ADR filing — what to watch next week

SYDNEY, Jan 17, 2026, 16:55 AEDT — The market has closed. CSL Limited (ASX:CSL) shares nudged up 0.14% to close at A$175.53 on Friday, wrapping up the Australian trading week. The move came after a U.S. securities filing linked to the company’s American depositary share program caught investors’ eyes. (MarketScreener) The registration statement, filed on Form F-6, reveals Deutsche Bank Trust Company Americas has registered up to 100 million American depositary shares for CSL. These American depositary shares, or ADSs, are U.S.-listed receipts representing ordinary shares held by a depositary bank. (StreetInsider.com) Mostly back-office plumbing, but it catches attention as
BHP stock dips into weekend — what to watch before next week’s key production update

BHP stock dips into weekend — what to watch before next week’s key production update

Sydney, Jan 17, 2026, 17:03 AEDT — Market closed. BHP Group Ltd (BHP.AX) is set to release its half-year production update next week, following a 0.8% dip to A$48.99 on Friday. The stock remains near its 52-week peak of A$49.75. (Investing.com) This update is crucial as it offers BHP’s clearest short-term look at volumes and costs, often reshaping forecasts for cash returns among major miners. The “operational review” focuses on production and costs for the period, not on earnings. Profit-taking hit miners as Australia’s materials sector slipped Friday following a strong week. BHP fell behind while Rio Tinto (RIO.AX) and
Commonwealth Bank of Australia share price: CBA stock set for a rate test after fresh home-loan moves

Commonwealth Bank of Australia share price: CBA stock set for a rate test after fresh home-loan moves

Sydney, Jan 17, 2026, 17:08 AEDT — The market has closed. Commonwealth Bank of Australia (ASX:CBA) shares closed Friday 0.52% higher, at A$154.30. The stock fluctuated between A$152.89 and A$155.29 during the session, rising A$0.80 from Thursday’s close of A$153.50. (Intelligent Investor) The market is closed for the weekend, but the rate story keeps rolling. CBA, a heavyweight in Australian equities, often serves as a quick barometer for traders on whether rising rates boost bank earnings or begin to weigh them down. The Reserve Bank of Australia’s cash rate target remains at 3.60%, with the next announcement due at 2:30
Bank holiday today (Jan 17, 2026): Are banks open in India? Tamil Nadu shut for Uzhavar Thirunal

Bank holiday today (Jan 17, 2026): Are banks open in India? Tamil Nadu shut for Uzhavar Thirunal

New Delhi, 17 January 2026, 11:30 IST Most bank branches across India will remain open this Saturday. However, those in Tamil Nadu will be closed in observance of Uzhavar Thirunal, as per the Reserve Bank of India’s (RBI) holiday calendar. https://economictimes.indiatimes.com/wealth/save/saturday-bank-holiday-are-banks-open-or-closed-today-on-january-17-2026-check-rbi-holiday-calendar/articleshow/126566536.cms?from=mdr This matters since mid-January is loaded with harvest festivals and local events, drawing customers to branches for cash, cheque transactions, and paperwork. Holidays vary by state, so a regular bank visit can easily end up wasted. In Chennai, banks closed Friday for Thiruvalluvar Day and will stay shut Saturday for Uzhavar Thunal, Jansatta reported, marking two straight days without
PLS share price slides after AustralianSuper trims stake — what to watch before ASX reopens

PLS share price slides after AustralianSuper trims stake — what to watch before ASX reopens

Sydney, Jan 17, 2026, 16:56 AEDT — The market has closed. Shares of PLS Group Limited fell 3.1% to A$4.68 on Friday after a late-session update revealed AustralianSuper had reduced its holding in the Australian lithium producer. (Yahoo Finance) This matters since AustralianSuper holds a significant stake in a stock often seen as a high-beta play on the lithium bounce. When large funds start selling, it can shift sentiment rapidly—especially heading into a weekend when liquidity dries up. The timing is tough for bulls: lithium prices have swung wildly, leaving the market uncertain if the recent spike in the battery
Macquarie stock jumps 2.6% to A$211.86 — what to watch for MQG ahead of Monday

Macquarie stock jumps 2.6% to A$211.86 — what to watch for MQG ahead of Monday

Sydney, Jan 17, 2026, 16:56 AEDT — Market closed. Macquarie Group (MQG.AX) shares climbed 2.6% on Friday, closing at A$211.86 and rounding off a solid week for Australia’s financial giants. The market values the group at roughly A$77.5 billion, based on figures from StockAnalysis.com. (StockAnalysis) The ASX is closed for the weekend, but Monday’s open will reveal fast if Friday’s surge held up or was just a late-week shuffle. For Macquarie, these moves are key since its shares usually mirror global risk appetite more than the major retail banks do. That sensitivity goes both ways. Macquarie’s blend of markets-facing operations
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Stock Market Today

Nvidia stock jumps nearly 8% as Big Tech AI spending bets lift chipmakers and Dow tops 50,000

Nvidia stock jumps nearly 8% as Big Tech AI spending bets lift chipmakers and Dow tops 50,000

7 February 2026
Nvidia surged 7.8% Friday, leading a chip stock rally that pushed the Dow above 50,000 for the first time. The PHLX semiconductor index gained 5.7% as Advanced Micro Devices rose 8.3% and Broadcom 7.1%. Amazon fell 5.6% after projecting $200 billion in 2026 capital spending. Investors weighed a $600 billion AI infrastructure outlay against sharp losses in software shares.
Glencore share price steadies after Rio Tinto walks away — what to watch next week

Glencore share price steadies after Rio Tinto walks away — what to watch next week

7 February 2026
Glencore shares closed up 0.6% at 478.1 pence Friday, rebounding after a 7% drop following the collapse of merger talks with Rio Tinto. The company is expected to announce the sale of its Kazzinc stake soon and has signed a non-binding agreement with Orion for a potential $9 billion deal in the DRC. Investors await Glencore’s full-year results on Feb. 18 for further guidance.
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