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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

Australian shares fell on Tuesday as ASX Ltd, the operator of the country’s main exchange, sank after warning of a jump in technology and regulatory spending. Reuters reported ASX shares fell as much as 12.6% to A$51.40, their worst intraday move since August 2012, while the benchmark S&P/ASX 200 was down about 0.4% earlier in the session. The drop matters because ASX is not just another financial stock. It runs core trading, clearing and settlement systems, and the new cost plan pushed an already live governance problem into earnings and dividend maths.
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

SYDNEY, Feb 17, 2026, 17:28 AEDT — The market has closed. Shares of Woodside Energy Group Ltd wrapped up Tuesday nearly flat, slipping just 0.04% to finish at A$25.83 after the company put out its annual reserves update. The stock bounced between A$25.71 and A$25.94 during the session, with 3.04 million shares traded.
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Stock Market Today

  • Air Canada (TSX:AC) drops 52% but long-term case stays
    June 30, 2026, 9:09 PM EDT. Air Canada (TSX:AC) has dropped more than 52%, putting the stock on watch for bargain hunters who see a longer runway. The airline put up a strong quarter, is cutting costs, and demand is picking up again as summer comes in. Fuel prices have started to ease thanks in part to U.S.-Iran news, helping margins. The stock trades at a trailing P/E of 10.1, which offers value while the sector stays rough. Investors looking to average down and ride out a tough patch may find the ongoing turnaround and better operations worth the wait.
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