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ASX:DRO.AX News 18 January 2026

DroneShield stock jumps on Defence panel entry as ASX shut; what to watch next week

DroneShield stock jumps on Defence panel entry as ASX shut; what to watch next week

Sydney, Jan 18, 2026, 17:45 AEDT — The market has closed. Shares of DroneShield Ltd (DRO.AX) jumped 7.84% to close at A$4.40 on Friday, continuing gains after the company revealed it was chosen for an Australian Department of Defence counter-drone supplier panel. (Investing) The choice is significant as it establishes an official gateway into Defence procurement just as militaries ramp…
18 January 2026
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Stock Market Today

  • ASX 200 Poised to Drop as Tech Stocks Slide Further, Bitcoin Dips Below $73,000
    February 4, 2026, 4:31 PM EST. Australian shares are set to open lower amid continued tech sector sell-off in New York, led by a 16% plunge in Advanced Micro Devices after a disappointing outlook. This decline weighed on Nvidia and other semiconductor makers. The S&P 500 partially recovered losses while the Dow Jones gained, buoyed by gains in major companies including Amgen and Nike. Bitcoin extended its decline, briefly trading below $73,000. Oil prices showed volatility on mixed reports about U.S.-Iran talks. Investor appetite for technology stocks remains depressed, with JPMorgan analyst Toby Ogg noting the sector faces skepticism despite results. The ASX 200 futures fell 0.2%, signaling a cautious start to Wednesday's session. Key economic releases and central bank meetings are expected later, providing further market direction.
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