Today: 23 May 2026

WiseTech Global (ASX:WTC) share price at a one-year low as tech stocks slide — what to watch next

WiseTech Global (ASX:WTC) share price at a one-year low as tech stocks slide — what to watch next

WiseTech Global shares fell 2.4% to A$58.00 Friday, their lowest in a year, after three days of declines and a 15% slide since January. The company faces regulatory pressure to divest Expedient following an ACCC ruling tied to its e2open acquisition. Half-year results are due Feb. 25, with the stock trading ex-dividend on March 13. The ASX tech sector also hit a two-year low Friday.
1 February 2026
Woolworths (ASX:WOW) share price lifts into the weekend — here’s what to watch next

Woolworths (ASX:WOW) share price lifts into the weekend — here’s what to watch next

Woolworths shares rose 1.1% to A$30.94 Friday, outperforming a falling market as 3.1 million shares traded. Coles also gained 1.1% to A$21.28. Investors await the Reserve Bank of Australia’s rate decision Tuesday and Woolworths’ half-year results on Feb. 25. Woolworths faces a class action in South Australia over alleged underpayments, with a potential charge of up to A$330 million.
South32 share price slides on metals rout — what to watch before Monday’s ASX open

South32 share price slides on metals rout — what to watch before Monday’s ASX open

South32 shares fell 1.28% to A$4.62 Friday as metals prices slumped, though the stock gained about 30% in January. Around 27.6 million shares changed hands. The company will report half-year results and decide on an interim dividend on Feb. 12. The Mozal aluminium smelter in Mozambique faces a $60 million charge as it prepares for shutdown by March.
Why Lynas Rare Earths (ASX:LYC) share price slid — and what could move the stock next week

Why Lynas Rare Earths (ASX:LYC) share price slid — and what could move the stock next week

Lynas Rare Earths closed Friday down 4.5% at A$14.90 after a sharp sell-off in rare earth miners, with volume at 11.6 million shares. The drop followed reports that U.S. officials are backing away from price floor guarantees for critical minerals, though the Department of Energy denied the claims. Australia’s Resources Minister said Canberra will proceed with its A$1.2 billion critical minerals reserve regardless of U.S. policy shifts.
1 February 2026
CSL share price: Two dates now loom after Friday’s lift

CSL share price: Two dates now loom after Friday’s lift

CSL shares closed Friday at A$181.42, up 1.13%, as investors await half-year results and an interim dividend announcement on Feb 11. The RBA meets Feb 2–3, with its decision expected to influence rate expectations and market sentiment. The ASX 200 fell 0.7%, pressured by mining stocks, while healthcare outperformed.
1 February 2026
PLS Group shares slide after quarterly update; Ngungaju restart call now in focus

PLS Group shares slide after quarterly update; Ngungaju restart call now in focus

PLS shares fell 6.5% Friday to A$4.29, extending a five-day slide to 16% after the company flagged a possible restart of its Ngungaju plant and reported December-quarter revenue of A$373 million, up 49%. GFL International sold 32.19 million shares in a block trade, dropping below the substantial holder threshold. The board will consider the plant restart in the March quarter.

Stock Market Today

  • Thailand's Strong Sugar Exports Weigh on Sugar Prices
    May 23, 2026, 5:00 PM EDT. Sugar prices fell on July 21 as strong Thai sugar exports pressured the market. July New York sugar futures dropped 1.34% while August London white sugar closed down 0.58%. Thailand's sugar exports for January-April 2026 rose 29% year-on-year to 1.6 million metric tons (MMT), the second-largest exporter globally. The International Sugar Organization (ISO) forecasts record global sugar production of 182 MMT for 2025/26, with a surplus of 2.2 MMT. However, concerns over a possible El Niño weather event-expected to reduce rainfall in key producing countries Brazil, India, and Thailand-support price stability. Analysts project a global deficit of around 262,000 MT in 2026/27 due to production cuts and export bans, creating a complex backdrop for sugar markets.

Latest articles

P&G Shares Edge Higher Before Market Close As Inflation Looms

P&G Shares Edge Higher Before Market Close As Inflation Looms

23 May 2026
Procter & Gamble shares closed Friday at $144.44, up 0.73% for a 2% weekly gain, ahead of the Memorial Day market closure. The stock remains well below its 52-week high of $170.99. P&G last reported a 7% rise in net sales and warned of a $1 billion post-tax profit hit in fiscal 2027 from higher oil prices. Colgate-Palmolive Pakistan plans to acquire P&G’s Karachi facility as P&G exits direct operations there.
Disney Faces Long-Weekend Risk With Yields, Streaming, and NYSE Shutdown

Disney Faces Long-Weekend Risk With Yields, Streaming, and NYSE Shutdown

23 May 2026
Disney shares closed Friday at $103.00, down 0.56% for the day but up 0.3% for the week, ahead of a three-day U.S. market break. The New York Stock Exchange is shut until Tuesday for Memorial Day. Investors await box-office results for “The Mandalorian and Grogu,” expected to open with $75 million to $100 million in U.S. and Canadian ticket sales. The next key U.S. inflation reading is due Thursday.
Energy Transfer Holds Near Highs as Market Waits on Dakota Access Decision

Energy Transfer Holds Near Highs as Market Waits on Dakota Access Decision

23 May 2026
Energy Transfer closed at $20.07 Friday, up 0.3% for the day but down 0.4% for the week. U.S. regulators allowed the Dakota Access Pipeline to keep operating under stricter conditions after an environmental review. The S&P 500 rose 0.9% for the week, while the Dow ended at 50,579.70. U.S. markets will remain closed through Monday for Memorial Day.
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