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ASX:NUF 19 November 2025 - 28 May 2026

ASX 200 slumps on oil shock, banks and tech drop

ASX 200 slumps on oil shock, banks and tech drop

Australian shares fell sharply Thursday, with the S&P/ASX 200 down 1.4% to 8,592.90 as renewed fighting near the Strait of Hormuz drove oil prices higher. Banks, miners, and tech stocks each lost over 2%, while gold miners dropped as much as 7.1%. April CPI eased to 4.2%, but core inflation remained above the Reserve Bank’s target. Investors remain focused on Middle East tensions and inflation risks.
28 May 2026
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Australian Stock Market Today: ASX 200 Plunges 1.9% as Tech Rout and Hawkish RBA Wipe $60 Billion – 18 November 2025

Australia Stock Market Today: ASX 200 Slips as Banks Drag While Webjet and Nufarm Soar – 19 November 2025

The S&P/ASX 200 fell 21.2 points, or 0.25%, to 8,447.9 on Wednesday, hitting a three-month low as heavy selling in major banks outweighed gains in travel, agriculture, and resources. The All Ordinaries slipped 0.19% to 8,721.4. Financial stocks dropped about 1.2%, while energy and materials advanced. The ASX 200 volatility index rose 1.6% to a six-month high.
19 November 2025
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Stock Market Today

  • Develop Global (ASX:DVP) Shares 15% Undervalued After Interim CFO Named
    June 28, 2026, 2:31 PM EDT. Develop Global (ASX:DVP) appointed Felicity Hughes as interim CFO following Ben MacKinnon's July 2026 resignation. The stock has surged 51.34% over 90 days but showed a 9.46% dip in the past week. Trading at A$6.22, DVP sits roughly 15% below the A$7.15 analyst price target, suggesting potential undervaluation. The company's mining services division holds key contracts including a A$200 million tunnelling project. The valuation debate hinges on future revenue growth and profitability amid tight labour markets and pricing power. However, risks remain if production or contract awards falter. The P/E ratio of 28.1x exceeds peers and industry averages, indicating valuation risks if growth lags. Investors face a choice between discounted cash flow optimism and earnings multiple caution.

Latest articles

BlackBerry shares surge by $1.6 billion on QNX value, government business cools

BlackBerry shares surge by $1.6 billion on QNX value, government business cools

28 June 2026
BlackBerry soared 32.3% in two days to a four-and-a-half-year high as Secure Communications topped QNX in Q1 revenue and adjusted EBITDA, but the fiscal 2027 revenue midpoint rose just $10 million; shares closed Friday at $11.40, 14% above the average analyst target, with analysts and management signaling QNX growth will be gradual, not immediate.
AT&T shares dip as fiber build-out runs into legacy line disputes

AT&T (NYSE:T) gets cash bid after low spectrum spend, dividend date set for July

28 June 2026
AT&T jumped 3.2% to $22.72 since June 18 as investors cheered its minimal $120.77 million AWS-3 spectrum auction spend—just 0.7% of 2026 free cash flow—while rivals Verizon and T-Mobile spent billions; Friday’s trading volume hit 199% of average, and AT&T reaffirmed $18 billion-plus free cash flow and $8 billion in buybacks for 2026.
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