Today: 7 February 2026
Subscribe
Browse Category

ASX News 28 January 2026 - 2 February 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
·····
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
·····
BHP share price slides as metals sell off; what to watch before ASX opens

BHP share price slides as metals sell off; what to watch before ASX opens

BHP shares closed down 1.8% at A$50.57 in Sydney Friday, while its U.S. ADR slid 4.8% to $68.73 after metals prices retreated from record highs. Gold, silver, and copper all fell as the U.S. dollar strengthened following Donald Trump’s pick of Kevin Warsh for Fed chair. The S&P/ASX 200 dropped 0.65%, with materials down 3.36%. BHP’s half-year results are due Feb. 17.
1 February 2026
······
Evolution Mining share price slides 6% on gold pullback — what to watch before Monday’s ASX open

Evolution Mining share price slides 6% on gold pullback — what to watch before Monday’s ASX open

Evolution Mining shares fell 6.4% to A$14.71 Friday as gold prices dropped 4.7% to $5,143.40 an ounce and mining stocks slid across the ASX. The company will release its half-year results and hold a conference call on Feb. 11. Evolution reaffirmed full-year gold and copper guidance. Investors await earnings season and the Reserve Bank of Australia’s policy decision next week.
31 January 2026
·······
Mineral Resources (ASX:MIN) share price drops 6% despite lithium guidance upgrade

Mineral Resources (ASX:MIN) share price drops 6% despite lithium guidance upgrade

Mineral Resources Ltd shares fell 6.3% to A$57.15 Friday after reporting a 29% jump in spodumene prices and raising lithium output forecasts. The S&P/ASX 200 dropped 0.65%, with lithium stocks hit hard as prices slid 11% in Asia. Net debt fell to about A$4.9 billion, and cash liquidity topped A$1.4 billion. Broker ratings diverged, with Macquarie upgrading to outperform and Jarden warning on costs.
31 January 2026
·····
BHP share price slides into the weekend — what investors watch before the ASX reopens

BHP share price slides into the weekend — what investors watch before the ASX reopens

BHP closed down 1.82% at A$50.57 Friday as miners and gold stocks retreated, with the S&P/ASX 200 falling 0.7%. Copper surged 11% to a record $14,527.50 a ton, intensifying focus on metals volatility. Markets are pricing a 75% chance of a Reserve Bank of Australia rate hike Tuesday. BHP’s interim report is due Feb. 17.
31 January 2026
·······
ANZ share price ends higher after ASX slip — rate-call week puts banks back in play

ANZ share price ends higher after ASX slip — rate-call week puts banks back in play

ANZ Group Holdings closed up 0.7% at A$36.70, outperforming the S&P/ASX 200, which fell 0.7% to 8,869.10. Investors are watching the Reserve Bank of Australia’s Feb. 3 meeting after core inflation rose to 3.4%, above target. ANZ shares traded between A$36.46 and A$36.88 during the session. The bank’s trading update is due Feb. 12.
30 January 2026
·······
Lynas Rare Earths stock slides after U.S. price-floor rethink — what to watch next for ASX:LYC

Lynas Rare Earths stock slides after U.S. price-floor rethink — what to watch next for ASX:LYC

Lynas Rare Earths shares fell 4.5% to A$14.90 Friday, extending a sector-wide slump after reports the U.S. may drop plans for minimum price guarantees on critical minerals. Australia’s government pledged continued support, with a A$1.2 billion strategic reserve still planned. U.S.-listed rare-earth stocks also declined. The U.S. Energy Department denied it is abandoning price floors.
30 January 2026
·····
Paladin Energy share price jumps on uranium’s $91 rally — what to watch next for ASX:PDN

Paladin Energy share price jumps on uranium’s $91 rally — what to watch next for ASX:PDN

Paladin Energy shares rose 5.4% to A$13.94 on Wednesday, near a 52-week high, as uranium futures hovered at $91.15 a pound, their highest in almost two years. Paladin reported a 16% jump in quarterly production and plans to release interim results Feb. 12. Short interest in Paladin slipped to 11.87%. The ASX is now closed, with attention turning to whether the uranium rally will continue.
28 January 2026
·····
Lynas Rare Earths share price rises as ASX shuts; RBA hike bets and U.S. rare-earth deal loom

Lynas Rare Earths share price rises as ASX shuts; RBA hike bets and U.S. rare-earth deal loom

Lynas Rare Earths closed up 1.2% at A$16.20 as the S&P/ASX 200 slipped 0.1%. Core inflation rose 3.4% year-over-year, pushing swap markets to price in a 73% chance of a Feb. 3 RBA rate hike. USA Rare Earth said the Trump administration plans to back a $1.6 billion funding deal. Lynas flagged a 30% drop in NdPr output last quarter due to power disruptions and maintenance.
28 January 2026
·····
1 2 3 4 … 9

Stock Market Today

Meta stock faces an AI split: ad gains vs a $135 billion bill

Meta stock faces an AI split: ad gains vs a $135 billion bill

7 February 2026
Meta shares dropped 1.3% to $661.46 on Friday after the company projected 2026 capital spending of up to $135 billion, raising investor concerns over cash flow. Meta reported Q4 revenue of $59.89 billion, up 24% year-over-year, with ad impressions rising 18%. Analysts remain divided on whether AI-driven ad gains can offset the steep spending ramp.
IAG share price jumps toward a 52-week peak — what to watch before London reopens

IAG share price jumps toward a 52-week peak — what to watch before London reopens

7 February 2026
IAG shares rose 4.33% to 438.50 pence Friday, near their 52-week high, ahead of full-year results due later this month. The company reported 162,073,135 treasury shares and total voting rights of 4,565,128,012. Brent crude fell 2.2% Thursday to $67.93 a barrel. South Europe Ground Services logged 712,340 operations in 2025 and seeks approval to operate in Portugal.
Go toTop