Today: 29 April 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

  • Franco-Nevada (TSX:FNV) Valuation Review Amid Share Price Decline
    April 28, 2026, 11:11 PM EDT. Franco-Nevada (TSX:FNV) shares have fallen 3.2% in one day and 6.1% over a week, triggering reassessment of its valuation. Despite a 12.5% drop over 90 days, the stock still shows an 11.2% gain year-to-date and 37.2% total return over one year, revealing fading short-term momentum but solid long-term growth. Shares trade at CA$318.05, below analyst targets near CA$402.66 and a fair value estimate of CA$388.82, indicating an 18.2% undervaluation. Ongoing acquisitions of high-quality gold assets diversify risk and enhance growth potential. However, the 40.3 times price-to-earnings ratio exceeds industry and peer averages, suggesting valuation risk if gold markets weaken or key projects face issues. Investors should weigh growth forecasts against these risks before positioning on Franco-Nevada.

Latest article

AST SpaceMobile Stock’s May 11 Moment: FCC Win Meets BlueBird 7 Reality

AST SpaceMobile Stock’s May 11 Moment: FCC Win Meets BlueBird 7 Reality

29 April 2026
AST SpaceMobile will hold its first-quarter update call on May 11 after winning FCC approval to deploy a 248-satellite constellation for direct-to-device service. Shares fell 6.8% Tuesday, following the loss of its BlueBird 7 satellite in a failed launch. The company expects insurance to cover the loss and is targeting 45 satellites in orbit by end-2026. Investors are watching launch progress and commercial service timing.
OpenAI Target Miss Report Sends Oracle, CoreWeave and AI Stocks Lower

OpenAI Target Miss Report Sends Oracle, CoreWeave and AI Stocks Lower

29 April 2026
Oracle shares fell 4% and CoreWeave dropped 5.9% Tuesday after a Wall Street Journal report said OpenAI missed recent revenue and user targets. Nvidia, AMD, and Arm Holdings also declined, with the iShares Semiconductor ETF down 3.7%. OpenAI denied internal divisions and said its AI coding product Codex reached 4 million users. Oracle’s credit default swaps hit a two-week high amid concern over its $300 billion cloud deal with OpenAI.
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