Today: 10 June 2026
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ASX Updates 8 February 2026 - 26 May 2026

Australia stocks today: ASX drops as exchange operator’s 12% tech-cost shock rattles investors

Australia stocks today: ASX drops as exchange operator’s 12% tech-cost shock rattles investors

ASX Ltd shares plunged as much as 12.6% to A$51.40 on Tuesday after the exchange operator warned of sharply higher technology and regulatory costs. The S&P/ASX 200 index fell 0.4% to 8,657 points, with utilities, energy, and tech stocks leading declines. ASX now expects fiscal 2027 expenses to rise up to 21% and capital spending to hit A$200 million. April CPI data is due Wednesday.
Sunrise Energy Metals share price slips after feasibility study update puts ASX:SRL back in play

Sunrise Energy Metals share price slips after feasibility study update puts ASX:SRL back in play

Sunrise Energy Metals shares fell 3.6% to A$7.69 after the company released a feasibility study update for its Syerston scandium project and trading resumed. The study put development capital at about US$120 million, with commercial production targeted for mid-2028. Investors await a funding package and a board decision expected in the second half of 2026. The stock is down 29% over the past week.
Wesfarmers share price ends higher after ASX close as Bunnings-Uber Eats deal draws a complaint

Wesfarmers share price ends higher after ASX close as Bunnings-Uber Eats deal draws a complaint

Wesfarmers shares closed up 0.6% at A$80.08 after a volatile session Monday. Mitre 10 filed a complaint with the ACCC over Bunnings’ exclusive Uber Eats delivery deal, alleging anti-competitive conduct. The dividend reinvestment plan pricing window opened, with allocation to be set by the average daily VWAP through March 20. The S&P/ASX 200 ended nearly flat at 9,200.9.
2 March 2026
Brambles share price rises as buy-back filing shows steady pace — what to watch next for ASX:BXB

Brambles share price rises as buy-back filing shows steady pace — what to watch next for ASX:BXB

Brambles Ltd closed up 0.6% at A$25.08 after disclosing it bought back 101,855 shares for A$2.55 million on Feb. 25, with total repurchases reaching 12.56 million shares. The company cancelled the latest shares, leaving 1,357,878,736 on issue. Brambles has flagged it may pause buy-backs if conditions change. The interim dividend goes ex-dividend March 11, with payment due April 9.
ARB share price dives 13% after profit slides; ASX:ARB outlook and April dividend in focus

ARB share price dives 13% after profit slides; ASX:ARB outlook and April dividend in focus

ARB shares dropped 13.1% to A$21.36 after first-half profit before tax fell 18.8% to A$57.1 million and revenue slipped 1% to A$358 million. The company blamed weaker sales margins on currency and factory cost pressures. Interim dividend was held at 34 cents a share, with a record date of April 2. ARB reported cash of A$59.4 million and no debt at December 31.
24 February 2026
Mineral Resources (ASX:MIN) jumps after sell-off — here’s what matters before Tuesday

Mineral Resources (ASX:MIN) jumps after sell-off — here’s what matters before Tuesday

Mineral Resources shares closed up about 5% at A$53.80 in Sydney on Monday, rebounding after last week’s drop despite record half-year profit and cash flow. The company reported A$1.2 billion EBITDA and A$573 million net profit for the half, with net debt reduced to A$4.9 billion. Investors remain focused on costs, volumes, and debt as Onslow Iron ramps up and lithium markets remain volatile.
23 February 2026
HUB24 share price surges 14% after half-year profit jump and FY27 target upgrade

HUB24 share price surges 14% after half-year profit jump and FY27 target upgrade

HUB24 shares surged 14.2% to A$98.45 after the company raised its FY27 platform funds-under-administration target and reported record half-year net inflows of A$10.7 billion. Operating revenue climbed 26% to A$245.9 million, with underlying EBITDA up 35% to A$104.9 million. HUB24 declared a fully franked interim dividend of 36 cents per share. The company cited growth risks tied to market conditions and operational factors.
19 February 2026
BlueScope Steel (ASX:BSL) share price jumps on revised SGH takeover offer — what investors watch next

BlueScope Steel (ASX:BSL) share price jumps on revised SGH takeover offer — what investors watch next

BlueScope Steel shares rose 2.6% to A$28.74 after confirming it is reviewing a revised A$32.35 per share cash takeover proposal from SGH and Steel Dynamics. The offer remains about 11% above the closing price, reflecting market doubts. BlueScope posted first-half net profit of A$391 million and forecast higher earnings, while the board said no action is required and there is no certainty of a deal.
Commonwealth Bank shares slip as CBA trades ex-dividend; what to watch next on ASX

Commonwealth Bank shares slip as CBA trades ex-dividend; what to watch next on ASX

Commonwealth Bank of Australia shares closed down 0.65% at A$176.88 after trading ex-dividend for an interim payout of A$2.35 per share. The decline followed a strong run earlier in February after record first-half earnings. Investors focused on sector margins and loan growth as National Australia Bank hit a record high. CBA’s net interest margin slipped to 2.04% amid rising competition.
Northern Star share price slips as gold cools; Jefferies lifts target on ASX:NST

Northern Star share price slips as gold cools; Jefferies lifts target on ASX:NST

Northern Star Resources shares closed down 0.8% at A$28.23 Tuesday as gold prices slipped and the dollar strengthened. Jefferies raised its price target to A$35, maintaining a Buy rating. The S&P/ASX All Ords Gold Index fell about 1.2% midday, with sector peers also lower. Investors await U.S. Fed minutes Wednesday and Northern Star’s ex-dividend date on March 4.
Woodside Energy share price barely moves after reserves update as ASX:WDS eyes Feb 24 results

Woodside Energy share price barely moves after reserves update as ASX:WDS eyes Feb 24 results

Woodside Energy closed down 0.04% at A$25.83 after reporting year-end 2025 proved reserves fell to 1,882.1 million barrels of oil equivalent from 1,975.7 million a year earlier. Proved plus probable reserves also declined, while 3.04 million shares traded. The S&P/ASX 200 rose 0.24%. Woodside’s full-year results are due Feb. 24.
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Stock Market Today

  • SpaceX IPO Faces Uncertain Post-Debut Performance
    June 10, 2026, 4:49 PM EDT. SpaceX's initial public offering (IPO), priced at $135 per share and expected to raise $75 billion, could experience significant volatility based on historical trends, analysts say. Large IPOs often surge in the early days but frequently fall below their offering price within a year, with an average maximum loss of 55% in the first year for tech IPOs. Professor Jay Ritter's research shows a typical three-year loss of 21% for IPO investors. Despite the huge projected valuation of $1.77 trillion, exceeding Tesla and Meta, long-term gains are uncertain. Analysts caution that investors should expect volatility and only anticipate gains if SpaceX achieves substantial revenue growth and profitability.

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