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ASX:PLS 28 January 2026 - 3 March 2026

PLS Group (ASX:PLS) share price pulls back after lithium shock from Zimbabwe

PLS Group (ASX:PLS) share price pulls back after lithium shock from Zimbabwe

PLS Group shares fell 1.1% to A$5.19 on Friday, retracing part of Thursday’s 8.3% jump. The decline followed Zimbabwe’s immediate suspension of raw mineral and lithium concentrate exports, which triggered supply concerns. China’s lithium carbonate futures surged over 6% after the ban. Zimbabwe exported over 1.1 million metric tons of lithium-bearing concentrate to China in 2025.
PLS Group share price jumps 8% as China lithium futures pop, restart plan back in focus

PLS Group share price jumps 8% as China lithium futures pop, restart plan back in focus

PLS Group closed up 8% at A$4.72, leading gains among ASX lithium stocks after China’s lithium carbonate futures rose 7.2% post-Lunar New Year. Morgan Stanley disclosed it no longer holds a substantial stake in PLS, falling below the 5% threshold. The S&P/ASX 200 finished nearly flat. PLS cited a planned July restart of its Ngungaju plant and a new offtake deal in a recent presentation.
24 February 2026
Lithium price today holds near 136,000 yuan as China buying slows; miners lean on floor deals

Lithium price today holds near 136,000 yuan as China buying slows; miners lean on floor deals

Spot lithium carbonate prices in China edged up Tuesday, with SMM’s battery-grade index at 134,406 yuan a ton and trades averaging 136,000 yuan amid thin activity. Australia’s PLS Group signed a two-year spodumene supply deal with China’s Canmax, setting a $1,000-a-tonne floor and requiring a $100 million prepayment. Albemarle shares rose 1.4% to $165.76, while SQM slipped 0.4% to $71.15.
PLS Group (ASX:PLS) share price lifts after Canmax deal adds US$100m prepayment and a floor price

PLS Group (ASX:PLS) share price lifts after Canmax deal adds US$100m prepayment and a floor price

PLS shares closed up 1.7% at A$4.24 after announcing a new supply deal with Canmax Technologies featuring a price floor and US$100 million prepayment. The contract covers 150,000 tonnes of spodumene concentrate annually for two years from 2026, with options to extend. Traders await confirmation of the prepayment and the Feb. 19 interim results update.
10 February 2026
PLS share price falls 1.8%: new 7.87% holder and Feb 19 results in focus

PLS share price falls 1.8%: new 7.87% holder and Feb 19 results in focus

Shares of PLS Group (PLS.AX) closed down 1.81% at A$4.33 after volatile trading and 23.4 million shares changing hands. First Sentier Investors disclosed a 7.87% stake, linked to Mitsubishi UFJ. Interim results are due Feb. 19, with a webcast scheduled. The company issued 281,205 new performance rights and confirmed 24,105 rights lapsed after conditions were unmet.
4 February 2026
PLS Group shares slide after quarterly update; Ngungaju restart call now in focus

PLS Group shares slide after quarterly update; Ngungaju restart call now in focus

PLS shares fell 6.5% Friday to A$4.29, extending a five-day slide to 16% after the company flagged a possible restart of its Ngungaju plant and reported December-quarter revenue of A$373 million, up 49%. GFL International sold 32.19 million shares in a block trade, dropping below the substantial holder threshold. The board will consider the plant restart in the March quarter.
PLS Group share price: why ASX:PLS slid on its quarterly update — and what to watch next week

PLS Group share price: why ASX:PLS slid on its quarterly update — and what to watch next week

PLS Group shares fell 6.5% to A$4.29 Friday after a major shareholder, GFL International, sold 32.19 million shares in a block trade. The company posted a 49% revenue jump to A$373 million last quarter, with lithium prices surging but unit costs up 8%. The board will decide by March on restarting the Ngungaju plant, which could resume output within four months.
31 January 2026
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Stock Market Today

  • Morgan Stanley's Ridham Desai Predicts Sensex at 95,000 by Dec 2026 Amid Bull Market Signal
    April 9, 2026, 6:01 AM EDT. Morgan Stanley strategist Ridham Desai forecasts the Sensex could reach 95,000 by December 2026, marking a 22% gain from the current level of 77,563. This target reflects a valuation at 23.5 times trailing earnings, slightly above the historical average of 22 times. The firm highlights India's nearly worst 12-month relative stock performance in history but notes a potential market recovery driven by stable macroeconomic factors, earnings growth, and steady policy environment. Key growth drivers include fiscal discipline, private investment, and robust domestic demand. The bull scenario sees the index soaring to 107,000 on stronger growth and lower oil prices, while risks such as high crude prices and a potential US recession could drag it down to 76,000. Overall, Indian equities appear undervalued and positioned for a rebound according to Morgan Stanley.

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9 April 2026
LIVEMarkets rolling coverageStarted: April 9, 2026, 12:00 AM EDTUpdated: April 9, 2026, 6:03 AM EDT Morgan Stanley's Ridham Desai Predicts Sensex at 95,000 by Dec 2026 Amid Bull Market Signal April 9, 2026, 6:01 AM EDT. Morgan Stanley strategist Ridham Desai forecasts the Sensex could reach **95,000 by December 2026**, marking a 22% gain from the current level of 77,563. This target reflects a valuation at 23.5 times trailing earnings, slightly above the historical average of 22 times. The firm highlights India's nearly worst 12-month relative stock performance in history but notes a potential market recovery driven by stable macroeconomic
Why IREN Stock Is Back in Focus as AI Ambitions Meet Funding Fears

Why IREN Stock Is Back in Focus as AI Ambitions Meet Funding Fears

8 April 2026
IREN shares rose 1.8% to $35.74 Wednesday as investors assessed its $6 billion share program and shift from bitcoin mining to AI cloud services. The company’s revenue fell to $184.7 million last quarter, with a net loss of $155.4 million. IREN recently announced a five-year, $9.7 billion AI cloud deal with Microsoft. Options trading volume hit 103,000 contracts Tuesday, with sentiment described as mixed.
Amazon Stock Could Jump 50% as Wall Street Reconsiders Its $200 Billion AI Bet

Amazon Stock Could Jump 50% as Wall Street Reconsiders Its $200 Billion AI Bet

8 April 2026
Amazon closed at $213.77 Tuesday, with BNP Paribas maintaining a $320 price target, citing strong AI demand despite Amazon’s planned $200 billion capex for 2026. The company’s February forecast of higher spending sent shares down 11.5% after hours, even as AWS revenue rose 24% to $35.6 billion in the December quarter. Alphabet and Microsoft are also ramping up AI infrastructure spending.
Sensex Soars 2,946 Points, Nifty Near 24,000 After Iran Ceasefire and RBI Pause

Sensex Soars 2,946 Points, Nifty Near 24,000 After Iran Ceasefire and RBI Pause

8 April 2026
The Sensex surged 2,946 points to 77,562.90 on Wednesday, its best day in five years, as a U.S.-Iran ceasefire and steady RBI rates pushed Indian markets higher. Brent crude fell 14.4% to $93.49 a barrel, easing pressure on the rupee, which rose 0.5% to 92.58 per dollar. All 16 major sectors gained, led by financials and auto stocks. The RBI kept its repo rate at 5.25% and forecast slower growth ahead.
Netflix Stock Draws Fresh Institutional Buying Ahead of Earnings After Goldman Upgrade

Netflix Stock Draws Fresh Institutional Buying Ahead of Earnings After Goldman Upgrade

8 April 2026
Stock Yards Bank & Trust Co. increased its Netflix stake by 1,141.9% to 29,074 shares in Q4, while Ethos Capital Management disclosed a new 19,610-share position worth $1.84 million. The moves come ahead of Netflix’s April 16 earnings report and follow a Goldman Sachs upgrade to Buy with a $120 target. Insiders Reed Hastings and Greg Peters sold shares earlier this year under preset trading plans. Netflix last traded at $98.82.
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