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ASX:S32 22 January 2026 - 2 July 2026

South32 CEO maps a sharper base-metals push as Mozal shutdown nears
After hours: chip names slide but rest of US market is quiet

After hours: chip names slide but rest of US market is quiet

U.S. stock ETF proxies slipped in after-hours trade Wednesday, but losses were lighter than the chip selloff during the main session. SPY last changed hands at $744.85, off 0.12%. QQQ traded at $724.24, down 0.13%. DIA was down 0.13% to $521.72 near 7:52 p.m. ET, according to Investing.com. Nasdaq’s after-hours session runs from 4 p.m. to 8 p.m. ET.
South32 CEO maps a sharper base-metals push as Mozal shutdown nears

South32 CEO maps a sharper base-metals push as Mozal shutdown nears

South32 Ltd is accelerating its shift toward base metals, Chief Executive Graham Kerr said, pointing to a portfolio increasingly weighted to North America. The miner is navigating both the upcoming closure of its aluminium smelter in Mozambique and a leadership change. “I think most people are looking for pure plays,” Kerr said. If the current strategy works out, he expects “roughly 90%” of the company’s production will be tied to base metals and exploration.
5 March 2026
Australia stock market jumps as miners rally, tech gets slammed; Xero sinks

Australia stock market jumps as miners rally, tech gets slammed; Xero sinks

Australian shares ended Wednesday on a strong note, propelled by gains in miners and banks despite a sharp drop in tech stocks. The S&P/ASX 200 climbed 0.8% to 8,927. Materials surged 3.6% and energy rose 3.0%, while information technology plunged 9.4%. Yancoal Australia led the charge, jumping 9%, but Xero tumbled 15.9% and WiseTech Global dropped 10.7%.
AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 STRONG BUY

Constellation Energy

NASDAQ: CEG 95 / 100
#2 BUY

AerCap

NYSE: AER 93 / 100
#3 BUY

Walt Disney

NYSE: DIS 92 / 100
#4 ACCUMULATE

AIG

NYSE: AIG 90 / 100
#5 BUY ON PULLBACK

Cheniere Energy

NYSE: LNG 88 / 100
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Editorial model selection. Not personalised advice.