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ASX:WEC 26 November 2025

ASX Today: Sydney Sharemarket Jumps at Open as Fed Cut Hopes Lift Sentiment; FPH Surges, Temple & Webster Sinks, National Storage in Play – 26 November 2025

ASX Today: Sydney Sharemarket Jumps at Open as Fed Cut Hopes Lift Sentiment; FPH Surges, Temple & Webster Sinks, National Storage in Play – 26 November 2025

Sydney’s S&P/ASX 200 jumped about 1% to the mid-8,600s in early trade Wednesday, following Wall Street’s rally and rising odds of a December US Fed rate cut. Fisher & Paykel Healthcare surged on strong results, while Temple & Webster slumped after a disappointing update. National Storage REIT was halted amid takeover reports. The market awaits October inflation data from the ABS at 11:30am AEDT.

Stock Market Today

  • Insider Buying Alert: BKKT Director Invests $4.85M, HF Sinclair CEO Buys $1.04M Shares
    May 19, 2026, 11:34 AM EDT. On Monday, Bakkt (BKKT) Director Michael Alfred purchased 585,000 shares at $8.29 each, investing $4.85 million. BKKT shares rose 16.2% Tuesday, hitting a session high of $10.99, up 32.6% from Alfred's purchase price. Concurrently, HF Sinclair CEO Franklin Myers bought 15,000 shares at $69.11 each, spending $1.04 million. Despite Myers' purchase, HF Sinclair shares dipped marginally by 0.2%. Insider buying, where company executives or directors purchase stock, often signals confidence in future share price gains, attracting investor attention.

Latest articles

Whitecap Shares Touch 52-Week High as Buyers Stay In

Whitecap Shares Touch 52-Week High as Buyers Stay In

19 May 2026
Whitecap Resources shares hit a 52-week high of CA$17.04 in Toronto on Tuesday, up 1.6% intraday, after confirming a May dividend and raising 2026 production guidance. The company reported record Q1 output of 391,416 boe/d and kept its capital budget steady. The S&P/TSX Composite opened higher as U.S.-Iran tensions eased, while crude prices slipped but stayed elevated. Whitecap’s market value stood at about CA$20.59 billion.
Canaan Shares Drop on Mining Hardware Maker’s Wider Losses

Canaan Shares Drop on Mining Hardware Maker’s Wider Losses

19 May 2026
Canaan shares dropped 13.8% to $0.4163 after the company posted a Q1 net loss of $88.7 million and forecast lower Q2 revenue of $35 million to $45 million. Revenue fell to $62.7 million from $196.3 million in Q4. The company announced an 8 MW Nordic heat-reuse project. Trading volume exceeded 11.8 million shares.
XRP’s $10 Bet Just Ran Into a $1.37 Problem

XRP’s $10 Bet Just Ran Into a $1.37 Problem

19 May 2026
XRP traded near $1.37 Tuesday, down 1.1% over 24 hours, with a market value of $84.5 billion. Standard Chartered projected XRP could reach $2.80 in 2026, but analysts at The Motley Fool and TipRanks warned Ripple’s payments strategy may weaken XRP’s role. The U.S. Senate Banking Committee advanced the Clarity Act, but support remains uncertain. The SEC’s lawsuit against Ripple ended in 2025 with a $125 million fine.

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Tesla Slides Again as Robotaxi Faces Latest Challenge

Tesla Slides Again as Robotaxi Faces Latest Challenge

18 May 2026
Tesla shares fell 3.8% to $406.11 Monday as tech stocks slid and bond yields rose. The company raised U.S. Model Y prices over the weekend, its first increase in two years. Elon Musk said Tesla expects to expand cars without human safety monitors across the U.S. later this year. Reuters tests of Tesla robotaxis in Texas found long waits and limited availability.
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