Today: 28 June 2026
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ASX:WBC.AX 7 January 2026 - 3 March 2026

Westpac share price holds at A$41.80 as RBA flags March hike risk and GDP looms

Westpac share price holds at A$41.80 as RBA flags March hike risk and GDP looms

Westpac shares closed unchanged at A$41.80 on Tuesday after a volatile session for Australian banks. The pause followed Reserve Bank Governor Michele Bullock’s warning that a rate hike is possible at the March meeting, sending three-year bond yields up 13 basis points to 4.313%. Traders now await Wednesday’s GDP data and the March 17 policy decision. The broader S&P/ASX 200 fell 1.34% amid global market jitters.
Westpac share price hits a fresh 52-week high as ASX banks run — CPI is the next big test

Westpac share price hits a fresh 52-week high as ASX banks run — CPI is the next big test

Westpac shares closed up 1.6% at A$42.54 on Friday, hitting a 52-week high and outperforming the S&P/ASX 200, which slipped 0.2%. The bank reported an unaudited Q1 net profit of A$1.9 billion last week, with its net interest margin down 3 basis points to 1.79%. Investors are watching next week’s inflation data for signals on rates. Australia’s jobless rate held at 4.1% in January.
20 February 2026
ASX 200 slides as banks, BHP drag Australian shares — what to watch next

ASX 200 slides as banks, BHP drag Australian shares — what to watch next

Australian shares fell Tuesday, with the S&P/ASX 200 down 0.66% to 8,815.9, marking the steepest drop since mid-December. Commonwealth Bank slid 1.81% to A$150.48 and BHP lost 1.99% to A$47.78. Trade tensions and weaker bank and miner stocks weighed on the market. Origin Energy rose 2.62% after extending the life of its Eraring power station.
Westpac share price dips after close as rate jitters return — what WBC investors watch next

Westpac share price dips after close as rate jitters return — what WBC investors watch next

Westpac shares closed down 0.6% at A$38.28 Wednesday, leading declines among Australia’s major banks despite a steady broader market. A Westpac-Melbourne Institute survey showed consumer sentiment fell 1.7% in January. The Reserve Bank of Australia has signaled its rate-cut cycle may be over, with some banks warning of a possible hike next month. The next RBA policy decision is set for Feb. 3.
14 January 2026
CBA stock rises after new wage data — what to watch before Commonwealth Bank’s Feb results

CBA stock rises after new wage data — what to watch before Commonwealth Bank’s Feb results

Commonwealth Bank shares rose 0.8% to A$155.36 as major Australian banks advanced on renewed rate hike speculation. CBA’s wage tracker showed 0.8% quarterly pay growth and steady unemployment at 4.3%. The ASX 200 closed up 0.6%. Investors await CBA’s half-year results on Feb. 11 for margin and credit quality details.

Stock Market Today

  • Nu Holdings Shares Rise 5.7% After Needham Initiates Coverage with Buy Rating
    June 28, 2026, 5:16 PM EDT. Nu Holdings Ltd. (NYSE:NU) shares surged 5.7% to $13.17 on Friday, reversing earlier weekly losses and finishing up 3.6% for the week. This outperformance came despite declines in major U.S. indexes, with the Nasdaq Composite falling 4.6% and the S&P 500 dipping 2%. Needham initiated coverage on Nu with a Buy rating and a $17 price target, suggesting a 29% upside from Friday's close, citing the company's scaled, profitable customer base and potential U.S. market expansion. Nu, owner of Nubank, reported over $5 billion in Q1 revenue and a 29% return on equity. Despite the rebound, Nu shares remain down 21.3% year-to-date amid mixed analyst opinions and a broad target range of $10 to $22.

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Nu Holdings shares finish up for the week after Needham call

Nu Holdings shares finish up for the week after Needham call

28 June 2026
Nu Holdings (NYSE:NU) surged 5.7% to $13.17 Friday, flipping its week to a 3.6% gain and outperforming both the iShares MSCI Brazil ETF and the Nasdaq, after Needham initiated coverage with a $17 price target, citing a “scaled and profitable customer base” and expected U.S. expansion within a year.
MARA stock: Long Ridge power deal in focus as bitcoin slides in holiday week

MARA stock: Long Ridge power deal in focus as bitcoin slides in holiday week

28 June 2026
MARA closed Friday up 4.5% at $14.54 as investors weigh its $2.10 billion bitcoin holding—now 38% of equity value, down $311 million since March—against new power-asset exposure from the $1.5 billion Long Ridge deal, with Q2’s end and bitcoin’s price set to drive the stock in a short trading week.
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