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ASX:RIO 12 November 2025

Westpac’s $7 Billion Windfall Ignites ASX Rally Despite Mining Slump – Nov 3, 2025

Australian sharemarket today: S&P/ASX 200 closes at 8,799.5, down 0.22% — CBA extends slide, Life360 tumbles; energy and materials firm

Sydney — Wednesday, 12 November 2025 Australia’s sharemarket edged lower on Wednesday, with the benchmark S&P/ASX 200 finishing down 19.3 points at 8,799.5, as losses in the big banks and technology names offset strength across miners and defensives. The broader All Ordinaries also eased 0.21% to 9,079.4. Investing.com+1
12 November 2025
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Stock Market Today

  • Concentrix (CNXC) sinks 22.5% after hours as company cuts FY26 outlook, Q2 income drops
    June 29, 2026, 7:52 PM EDT. Shares of Concentrix (NASDAQ:CNXC) tumbled 22.5% to $19.55 in late trading after the company slashed its fiscal 2026 EPS and revenue guidance, falling short of Wall Street's targets. The company saw Q2 revenue up 1.9% at $2.46 billion, but operating income plunged 35.7% and adjusted EPS was down 2.6%. Management said retail, travel and e-commerce now top tech as the biggest revenue drivers, and banking is also up. Free cash flow in the quarter ran 21% higher, at $242.3 million. Investors shrugged off the cash flow beat and focused instead on flat Q3 revenue guidance-0% to 1%-and higher debt, with enterprise value at $5.52 billion versus $1.19 billion in equity.
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