Today: 9 April 2026
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ASX:NAB.AX 4 January 2026 - 20 February 2026

Australia stock market today: ASX 200 retakes 9,000 as NAB hits record, BlueScope bid keeps deal talk alive

Australia stock market today: ASX 200 retakes 9,000 as NAB hits record, BlueScope bid keeps deal talk alive

The ASX 200 closed up 0.54% at 9,007 on Wednesday, driven by record gains in National Australia Bank after a strong quarterly update and a jump in TechnologyOne on upgraded guidance. Wage growth held steady at 0.8% for the quarter. Investors await U.S. Federal Reserve minutes later in the day. BlueScope Steel traded below a raised takeover offer, signaling skepticism about the bid.
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.
NAB share price rises as rate-hike bets build — what investors watch next week

NAB share price rises as rate-hike bets build — what investors watch next week

NAB shares rose 0.7% to A$43.34 Friday, bucking a 0.7% drop in the S&P/ASX 200 after inflation data raised expectations of a Reserve Bank rate hike on Feb. 3. Markets now price in a 73% chance of a move. NAB’s first-quarter trading update is set for Feb. 18. The bank also plans to shift 110 digital messaging jobs to India, offering affected Australian staff alternative roles.
NAB share price: fixed mortgage-rate hike keeps CPI and RBA in focus as ASX shuts for long weekend

NAB share price: fixed mortgage-rate hike keeps CPI and RBA in focus as ASX shuts for long weekend

NAB shares closed down 0.2% at A$42.35 Friday after the bank raised fixed mortgage rates by up to 0.40 percentage points. The ASX will remain shut until Tuesday for the Australia Day holiday. Strong jobs data and shifting rate expectations have heightened focus on the upcoming inflation report and the RBA’s February 3 policy decision.
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.
NAB share price slips after a two-day run as rate jitters return — what to watch next

NAB share price slips after a two-day run as rate jitters return — what to watch next

National Australia Bank fell 1.1% to A$41.91 at Wednesday’s close, erasing some recent gains as investors weighed shifting expectations for a February Reserve Bank rate decision. Trading volume reached about 1.46 million shares. The S&P/ASX 200 edged up 0.1%, lifted by energy and resources despite losses in financials. NAB’s next trading update is scheduled for Feb. 18.
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

  • Oppenheimer Raises Target Hospitality Price Target to $18, Sees 20% Upside
    April 9, 2026, 10:38 AM EDT. Oppenheimer lifted its price target for Target Hospitality (NASDAQ:TH) stock from $11 to $18, signaling a 20% potential upside. The firm rated the stock as outperform, reflecting growing confidence amid mixed analyst views. Other firms like Texas Capital and Stifel Nicolaus also upgraded ratings, while Weiss maintained a sell rating. Target Hospitality's shares opened Thursday at $14.99, near a 12-month high. Despite a recent quarterly earnings miss with a loss of $0.15 per share, revenue topped expectations at $89.78 million. The stock holds a market cap of $1.5 billion and a negative P/E ratio due to losses. Insider selling occurred in January, with EVP Heidi Diane Lewis reducing holdings by 6.39%. Institutional interest remains active, marking a nuanced outlook for the company in the hospitality sector.

Latest article

Grab Holdings Bets on AI as Group Ride Tool Targets 40% Lower Fares

Grab Holdings Bets on AI as Group Ride Tool Targets 40% Lower Fares

9 April 2026
Grab Holdings launched 13 new AI-powered products in Jakarta, including a “Group Ride” feature that can cut fares by up to 40% for shared routes. CEO Anthony Tan said the tools aim to offset rising fuel costs and support demand as households tighten spending. The company’s 2026 revenue and profit forecasts remain below analyst expectations. Grab’s $600 million deal to buy Foodpanda Taiwan is pending regulatory approval.
Nokia Oyj AI Data Center Push Gets Lift From Fifth Straight GigaOm Leader Ranking

Nokia Oyj AI Data Center Push Gets Lift From Fifth Straight GigaOm Leader Ranking

9 April 2026
Nokia was named a Leader and Outperformer in GigaOm’s 2026 Radar for data center switching for the fifth year in a row, competing with Cisco, Arista, and HPE Juniper. Shares fell 1.05% in Helsinki ahead of Thursday’s annual meeting, where board changes and a dividend of up to 14 euro cents per share will be considered.
American Airlines Faces FAA Fine Over Drug-Testing Lapses in New Test for 2026 Turnaround

American Airlines Faces FAA Fine Over Drug-Testing Lapses in New Test for 2026 Turnaround

9 April 2026
The FAA proposed a $255,000 civil penalty against American Airlines, alleging the carrier allowed 12 flight attendants who tested positive for drugs or alcohol to return to safety-sensitive duties before completing required follow-up tests. The alleged violations occurred from May 2019 to December 2023. American has 30 days to respond. The airline said it is reviewing the notice.
Hologic goes private: Blackstone, TPG close buyout and name José Almeida CEO

Hologic goes private: Blackstone, TPG close buyout and name José Almeida CEO

9 April 2026
Blackstone and TPG closed their $17.3 billion acquisition of Hologic on April 7, with José Almeida replacing Steve MacMillan as CEO. Hologic shares were suspended before trading that day and will be removed from the S&P 500 before Thursday’s open. Former shareholders will receive $76 per share in cash plus a contingent value right worth up to $3 more if revenue targets are met.
When Will Gas Prices Fall? Iran Ceasefire May Not Bring Quick Relief as Oil Rebounds

When Will Gas Prices Fall? Iran Ceasefire May Not Bring Quick Relief as Oil Rebounds

9 April 2026
Brent crude rebounded 3% Thursday despite a U.S.-Iran ceasefire, with the Strait of Hormuz still nearly shut and only one oil-products tanker passing in 24 hours. U.S. gasoline averaged $4.166 a gallon on April 9, and AAA said prices could drop slowly. North Sea Forties crude hit a record $146.43 a barrel. The U.S. EIA expects Hormuz flows may take months to recover.
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