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ASX:PEP 9 February 2026

Australia stock market today: ASX 200 jumps nearly 2% as tech rebounds; Pepper Money spikes on bid

Australia stock market today: ASX 200 jumps nearly 2% as tech rebounds; Pepper Money spikes on bid

The S&P/ASX 200 jumped 1.85% to 8,870.1 on Monday, erasing much of Friday’s losses as tech and real estate stocks led gains. Car Group surged 9.9% after strong results, while Pepper Money soared on a takeover bid. Australian household spending fell 0.4% in December. Traders now await major bank earnings and key U.S. economic data this week.
9 February 2026
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Stock Market Today

  • Globant (GLOB) Faces 66% Share Slide: Undervalued Opportunity or Value Trap?
    March 21, 2026, 11:13 PM EDT. Globant's shares have dropped 65.8% in the past year, trading at $44.71. Despite this slump, a Discounted Cash Flow (DCF) analysis values the stock at $98.09, implying a 54.4% undervaluation. The DCF model forecasts rising free cash flow, projecting $309 million by 2030. However, the company's price-to-earnings (P/E) ratio, a metric comparing stock price to earnings, reflects market skepticism amid sector-wide reassessments of growth and risk in software and IT services. Globant holds a valuation score of 4 out of 6, indicating mixed signals on its true value. Investors watch sector shifts closely as sentiment, interest rates, and risk appetite shape valuations for tech firms like Globant.
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