NAB share price drops as ASX banks slide again — what to watch before Thursday’s open

NAB share price drops as ASX banks slide again — what to watch before Thursday’s open

National Australia Bank fell 1.62% to A$41.18 Wednesday, with 2.94 million shares traded, extending a recent slide in major Australian banks. The S&P/ASX 200 closed down 0.37%, pulled lower by financial stocks, while gold surged past $4,800 an ounce. Wall Street’s sharp drop and renewed tariff risks pressured local markets. NAB announced plans to close its Knox data centre and appointed Mahya Knox as chief AI officer.
Macquarie share price slips after MQG buyback update as traders line up next catalysts

Macquarie share price slips after MQG buyback update as traders line up next catalysts

Macquarie Group shares fell 0.5% to A$205.85 after the bank extended its buy-back program to November 2026 and completed a $1 billion credit-risk transfer tied to high-yield loans. Fitch affirmed an ‘A’ rating on Macquarie’s USD50 million notes. Investors await the Reserve Bank of Australia’s Feb. 3 rate decision and Macquarie’s operational briefing on Feb. 10.
Paladin Energy shares hit a 52-week high after uranium output jump — here’s what’s next

Paladin Energy shares hit a 52-week high after uranium output jump — here’s what’s next

Paladin Energy shares surged 12.9% to A$13.14 after reporting a 16% jump in uranium output at its Langer Heinrich mine for the December quarter. The company sold 1.43 million pounds of uranium at an average price of $71.8 per pound and expects full-year production at the top end of guidance. The S&P/ASX 200 fell 0.37%. Paladin confirmed contracts for 23 million pounds through 2030.
Evolution Mining share price hits record as EVN cuts cost guidance after cash-flow surge

Evolution Mining share price hits record as EVN cuts cost guidance after cash-flow surge

Evolution Mining shares surged 9.5% to A$14.79 Wednesday after forecasting record cash flow and lower costs. December-quarter gold output rose to 191,000 ounces, with operating mine cash flow up 57% to A$1.06 billion. Flooding at Ernest Henry will cut near-term production. The company’s half-year results are due Feb. 11.
PLS Group (ASX:PLS) share price jumps after lithium bid returns; what to watch next

PLS Group (ASX:PLS) share price jumps after lithium bid returns; what to watch next

PLS Group shares rose 4.4% to A$4.95 in Sydney on Wednesday, rebounding from an early low of A$4.77 as lithium miners outperformed a weaker market. The ASX fell 0.37% while the materials index gained 2.35%. Investors are awaiting PLS’s December-quarter update, due Jan. 30. The company, formerly Pilbara Minerals, remains the ASX’s largest pure-play lithium producer.
Telix stock price slides 8% as investors digest FY25 revenue update and China Illuccix filing

Telix stock price slides 8% as investors digest FY25 revenue update and China Illuccix filing

Telix Pharmaceuticals shares fell 7.7% to A$10.61 at Wednesday’s close after the company reported unaudited FY2025 revenue in line with guidance and noted early momentum for Gozellix. China’s drug regulator accepted the Illuccix application, triggering a formal review. Investors weighed ongoing U.S. regulatory developments and recent clinical trial results.
Adani Power wins key tribunal nod for Rs 4,000 crore Vidarbha plant takeover

Adani Power wins key tribunal nod for Rs 4,000 crore Vidarbha plant takeover

India’s insolvency appellate tribunal approved Adani Power’s Rs 4,000 crore resolution plan for Vidarbha Industries Power, dismissing appeals from Western Coalfields and an employee representative. The tribunal upheld the payout structure but ordered full payment of provident fund and gratuity dues. The decision removes a key obstacle to Adani’s acquisition of the 600 MW Maharashtra plant. Court documents show creditor approval was secured in February 2025.
BHP share price rebounds after China iron ore talks, potash cost jump rattles investors

BHP share price rebounds after China iron ore talks, potash cost jump rattles investors

BHP shares closed up 1.47% at A$48.48, rebounding after Tuesday’s drop. The company warned of price concessions in ongoing iron ore supply talks with China and raised its Jansen potash project cost estimate to $8.4 billion. Copper prices rose 32% year-on-year, and iron ore edged up 4%. Investors await BHP’s half-year results on Feb. 17.
CSL share price slips after close as RBC upgrade turns focus to Feb. 11 results

CSL share price slips after close as RBC upgrade turns focus to Feb. 11 results

CSL shares closed down 0.33% at A$176.11 on Wednesday, staying well below last year’s highs. RBC Capital upgraded CSL to “Outperform” and raised its price target to A$230, citing valuation upside despite weak U.S. flu vaccine demand. Investors are focused on CSL’s half-year results and interim dividend due Feb. 11. The S&P/ASX 200 slipped 0.37% amid broader market volatility.
Fortescue share price rises as FMG investors eye quarterly report and iron ore jitters

Fortescue share price rises as FMG investors eye quarterly report and iron ore jitters

Fortescue shares rose 1.7% to A$22.64, rebounding ahead of its December production report due Thursday. The ASX 200 slipped 0.4%, but materials gained 2.7% on miner strength. Iron ore futures fell after weak China property data, while a fatal blast at a Chinese steel plant raised supply concerns. BHP agreed to lower some iron ore prices in ongoing talks with China Mineral Resources Group.
Northern Star share price rises 2% after cost-guidance hike, with investors eyeing next update

Northern Star share price rises 2% after cost-guidance hike, with investors eyeing next update

Northern Star Resources closed 2.0% higher at A$28.54 after raising its FY26 all-in sustaining cost forecast to A$2,600–A$2,800 an ounce, citing weaker gold sales and higher royalties. The miner’s shares hovered near a 52-week high. Investors await the December-quarter update on Jan. 22 for further guidance.

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Vodafone shares steady up after Q3 wobble — Germany, buyback and next results now set the tone

Vodafone shares steady up after Q3 wobble — Germany, buyback and next results now set the tone

7 February 2026
Vodafone shares rose 1.47% to 110.60p Friday, recovering part of Thursday’s 4.68% drop after a Q3 update. Group revenue climbed 6.5% to €10.5 billion, but Germany’s 0.7% service revenue growth missed some forecasts. Vodafone launched a new €500 million buyback tranche, bringing total buybacks since May to €3.5 billion. Investors remain focused on Germany’s pace and cash flow execution.
NatWest Group stock: buyback filing and Rightmove mortgage deal set up a busy week

NatWest Group stock: buyback filing and Rightmove mortgage deal set up a busy week

7 February 2026
NatWest shares closed up 1.45% at 659.4 pence Friday, buoyed by a buyback of 797,428 shares and a new digital mortgage deal with Rightmove. The Bank of England held rates at 3.75% but signaled possible cuts, with markets pricing in two reductions for 2026. NatWest plans to expand its Accelerator community to 50,000 members by 2026. Annual results are due Feb. 13.
Unilever share price holds at 5,250p as results week looms — what investors watch next

Unilever share price holds at 5,250p as results week looms — what investors watch next

7 February 2026
Unilever shares closed flat at 5,250p in London Friday, underperforming the FTSE 100’s 0.6% gain. The company issued 4.2 million new shares for employee plans, bringing total shares to over 2.18 billion. Investors await Q4 and full-year results on Feb. 12, with analyst consensus pointing to 3.9% Q4 sales growth. Unilever’s U.S. ADR rose 0.8% to $72.12.
BP share price near 52-week high ahead of Feb 10 earnings as buyback runs on

BP share price near 52-week high ahead of Feb 10 earnings as buyback runs on

7 February 2026
BP shares closed up 1.9% at 478 pence Friday, just below a 52-week high, as the company continued buybacks ahead of next week’s results. BP repurchased 2.789 million shares on February 6. Oil prices firmed on geopolitical risk, with Brent at $68.05 a barrel, but sector outlook remains uncertain. Investors await BP’s earnings and dividend decision due Tuesday.
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