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ASX:NEC News 26 January 2026

Australian dollar jumps to a 15-month high as rate-hike bets return

Australian dollar jumps to a 15-month high as rate-hike bets return

SYDNEY, Jan 26, 2026, 20:22 AEDT The Australian dollar surged to its strongest level since September 2024 on Monday, trading close to $0.6917. This spike followed a broad sell-off in the U.S. dollar, triggered by a sharp rebound in Japan’s yen. Thin liquidity, thanks to holidays in Australia and New Zealand, pushed volatility higher throughout the session. (Reuters) The shift…
26 January 2026

Stock Market Today

  • Sarepta Therapeutics Faces Biotech Headwinds Amid Potential Upside
    January 26, 2026, 8:22 AM EST. Sarepta Therapeutics (NASDAQ: SRPT) operates in rare disease biotech, focusing on Duchenne muscular dystrophy treatments with drugs like EXONDYS 51. Its stock trades near $21.13, after a wide 52-week range of $11.93 to $119.02, reflecting sector volatility. Despite a 14.5% revenue decline and negative earnings per share (-2.83), the forward price-to-earnings ratio of 6.77 indicates some expected profitability. Analyst ratings are mixed; 7 buy, 14 hold, and 5 sell, with an average target price slightly below current levels. Technical indicators show the stock close to oversold levels, suggesting a possible entry point for investors. Sarepta's future hinges on its drug pipeline and strategic partnerships as it navigates financial pressures common in biotech firms investing heavily in research and development.
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