Today: 20 March 2026
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ASX:ANZ.AX 13 January 2026 - 8 February 2026

ASX 200 slides as banks, BHP drag Australian shares — what to watch next

ASX 200 slides as banks, BHP drag Australian shares — what to watch next

Australian shares fell Tuesday, with the S&P/ASX 200 down 0.66% to 8,815.9, marking the steepest drop since mid-December. Commonwealth Bank slid 1.81% to A$150.48 and BHP lost 1.99% to A$47.78. Trade tensions and weaker bank and miner stocks weighed on the market. Origin Energy rose 2.62% after extending the life of its Eraring power station.
CBA stock rises after new wage data — what to watch before Commonwealth Bank’s Feb results

CBA stock rises after new wage data — what to watch before Commonwealth Bank’s Feb results

Commonwealth Bank shares rose 0.8% to A$155.36 as major Australian banks advanced on renewed rate hike speculation. CBA’s wage tracker showed 0.8% quarterly pay growth and steady unemployment at 4.3%. The ASX 200 closed up 0.6%. Investors await CBA’s half-year results on Feb. 11 for margin and credit quality details.

Stock Market Today

  • INTEU (NASDAQ) Oversold Bounce Possible with 12.65 Quarterly Target
    March 20, 2026, 12:10 AM EDT. INTEU Integral Acquisition 1 closed at $11.49 on NASDAQ, showing an oversold signal with a Commodity Channel Index (CCI) at -155.56. Thin volume of 10 shares raised chances of a sharp, short-lived bounce rather than a sustained trend change. The SPAC's valuation reflects negative earnings and limited operations, highlighting reliance on liquidity and sentiment. Technical indicators like Keltner channels and stochastic readings suggest a near-term reversal. Meyka AI rates INTEU at 59.78 (Grade C+), projecting a 10.10% upside to $12.65 over the next quarter. Given thin liquidity and deal uncertainties, traders should use tight stops near $10.40 and small positions. Tactical bounce trades may look to $12.65 and $12.82 targets but face execution risks due to low volume and SPAC-specific factors.
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