Today: 9 April 2026
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ASX:WES 15 January 2026 - 6 March 2026

Wesfarmers fertiliser shock: CSBP flags delays as Iran war hits supply lines

Wesfarmers fertiliser shock: CSBP flags delays as Iran war hits supply lines

CSBP warned customers of possible delays to ammonium phosphate and urea shipments as the Iran war disrupts Persian Gulf supply routes. March fertiliser collections will proceed, but April and later contracts cannot be brought forward. Analysts say Strait of Hormuz disruptions are driving up global fertiliser prices. Australia imported 64% of its urea from the Gulf in 2025, with domestic stocks lasting only until mid-April without new imports.
6 March 2026
Wesfarmers share price ends higher after ASX close as Bunnings-Uber Eats deal draws a complaint

Wesfarmers share price ends higher after ASX close as Bunnings-Uber Eats deal draws a complaint

Wesfarmers shares closed up 0.6% at A$80.08 after a volatile session Monday. Mitre 10 filed a complaint with the ACCC over Bunnings’ exclusive Uber Eats delivery deal, alleging anti-competitive conduct. The dividend reinvestment plan pricing window opened, with allocation to be set by the average daily VWAP through March 20. The S&P/ASX 200 ended nearly flat at 9,200.9.
2 March 2026
Wesfarmers share price drops as ASX hits record; dividend clock and filings in focus

Wesfarmers share price drops as ASX hits record; dividend clock and filings in focus

Wesfarmers shares fell 1.36% to A$79.99 Wednesday, underperforming as the S&P/ASX 200 hit a record high. The company set February 25 as the record date for its 102-cent fully franked interim dividend, payable March 31. Director equity-plan conversions totaling 969 shares were disclosed in filings. Australia’s core inflation remained above target in January, fueling rate-hike speculation.
25 February 2026
Wesfarmers shares wobble after profit beat, as dividend date and consumer demand come into view

Wesfarmers shares wobble after profit beat, as dividend date and consumer demand come into view

Wesfarmers shares fell 0.3% to A$83.99 on Friday, extending a 5.6% drop after its results. The company reported first-half net profit of A$1.6 billion, up 9.3%, and raised its interim dividend to A$1.02 a share. Shares go ex-dividend Feb. 24, with payment due March 31. CEO Rob Scott warned of uneven consumer spending and flagged price cuts funded by productivity and AI.
Wesfarmers share price: two dates that could move ASX:WES next week

Wesfarmers share price: two dates that could move ASX:WES next week

Wesfarmers shares closed up 0.3% at A$83.36 on Friday, outperforming a 0.65% drop in the S&P/ASX 200. Attention turns to the Reserve Bank of Australia’s Feb. 3 rate decision, with major banks tipping a hike after strong inflation data. Mortgage-stress groups warn household budgets are under pressure. Wesfarmers will report half-year results on Feb. 19.
31 January 2026
Wesfarmers walks away from a $400m Priceline rescue — and now the Infinity pharmacies are up for grabs

Wesfarmers walks away from a $400m Priceline rescue — and now the Infinity pharmacies are up for grabs

Wesfarmers has withdrawn from efforts to rescue Infinity Pharmacy Group, leaving 54 Priceline stores in receivership with debts over A$400 million. Receivers are keeping more than 50 stores open while creditors weigh options. Chemist Warehouse and Genesis Capital have shown interest in acquiring the distressed pharmacy network. Major banks and Wesfarmers-owned API are among the largest creditors.
20 January 2026
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Stock Market Today

  • Morgan Stanley's Ridham Desai Predicts Sensex at 95,000 by Dec 2026 Amid Bull Market Signal
    April 9, 2026, 6:01 AM EDT. Morgan Stanley strategist Ridham Desai forecasts the Sensex could reach 95,000 by December 2026, marking a 22% gain from the current level of 77,563. This target reflects a valuation at 23.5 times trailing earnings, slightly above the historical average of 22 times. The firm highlights India's nearly worst 12-month relative stock performance in history but notes a potential market recovery driven by stable macroeconomic factors, earnings growth, and steady policy environment. Key growth drivers include fiscal discipline, private investment, and robust domestic demand. The bull scenario sees the index soaring to 107,000 on stronger growth and lower oil prices, while risks such as high crude prices and a potential US recession could drag it down to 76,000. Overall, Indian equities appear undervalued and positioned for a rebound according to Morgan Stanley.

Latest article

India Stock Market Today: Sensex Drops Over 1,100 Points, Nifty Slips as Oil Rebound Revives Risk Fears

India Stock Market Today: Sensex Drops Over 1,100 Points, Nifty Slips as Oil Rebound Revives Risk Fears

9 April 2026
MUMBAI, April 9, 2026, 14:56 (IST). Indian stocks fell in late trade on Thursday, handing back part of the previous session’s relief rally as oil rebounded and cracks in the U.S.-Iran ceasefire pulled investors out of riskier assets. By 2:40 p.m. IST, the Sensex was down 1,171.65 points, or 1.51%, at 76,391.25, while the Nifty 50 was off 269.10 points, or 1.12%, at 23,728.25 by 2:49 p.m. IST. (Moneycontrol) The retreat matters because Wednesday’s rise was not a small bounce. The Nifty had jumped 3.78% and the Sensex 3.95% after Brent slid nearly 14% and the Reserve Bank of India
Australia Stock Market Today: ASX 200 Ends at Five-Week High as Banks Offset Tech Rout

Australia Stock Market Today: ASX 200 Ends at Five-Week High as Banks Offset Tech Rout

9 April 2026
The S&P/ASX 200 closed up 0.2% at 8,973.20 on Thursday, a five-week high, led by gains in banks while tech shares slumped. Bendigo and Adelaide Bank surged 9.5% after reporting higher earnings and job cuts. Energy stocks rose as oil rebounded, but trading volumes stayed below average. Investors remained cautious amid ongoing Middle East tensions and uncertain oil supply routes.
UK Stock Market Today: FTSE 100 Holds Near 10,600 as Oil Rebound Tests Ceasefire Rally

UK Stock Market Today: FTSE 100 Holds Near 10,600 as Oil Rebound Tests Ceasefire Rally

9 April 2026
FTSE 100 held near 10,600 Thursday after a 2.5% rally to a one-month high, outperforming European peers as Germany’s DAX and France’s CAC 40 fell. Brent crude rebounded toward $98 on renewed U.S.-Iran ceasefire doubts. A Bank of England survey showed lenders expect mortgage demand to rise in Q2. British builders faced record cost inflation in March.
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 09.04.2026

9 April 2026
LIVEMarkets rolling coverageStarted: April 9, 2026, 12:00 AM EDTUpdated: April 9, 2026, 6:12 AM EDT Morgan Stanley's Ridham Desai Predicts Sensex at 95,000 by Dec 2026 Amid Bull Market Signal April 9, 2026, 6:01 AM EDT. Morgan Stanley strategist Ridham Desai forecasts the Sensex could reach **95,000 by December 2026**, marking a 22% gain from the current level of 77,563. This target reflects a valuation at 23.5 times trailing earnings, slightly above the historical average of 22 times. The firm highlights India's nearly worst 12-month relative stock performance in history but notes a potential market recovery driven by stable macroeconomic
Why IREN Stock Is Back in Focus as AI Ambitions Meet Funding Fears

Why IREN Stock Is Back in Focus as AI Ambitions Meet Funding Fears

8 April 2026
IREN shares rose 1.8% to $35.74 Wednesday as investors assessed its $6 billion share program and shift from bitcoin mining to AI cloud services. The company’s revenue fell to $184.7 million last quarter, with a net loss of $155.4 million. IREN recently announced a five-year, $9.7 billion AI cloud deal with Microsoft. Options trading volume hit 103,000 contracts Tuesday, with sentiment described as mixed.
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