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NASDAQ:LNW 12 January 2026

Australian stock market today: ASX 200 rises on spending jump as Light & Wonder leaps on Aristocrat deal

Australian stock market today: ASX 200 rises on spending jump as Light & Wonder leaps on Aristocrat deal

The ASX 200 closed up 0.48% at 8,759.4, led by gains in consumer and financial stocks. Light & Wonder surged nearly 18% after settling a lawsuit with Aristocrat for $127.5 million. Super Retail Group fell about 6% after warning first-half profits would miss last year’s results. Household spending rose 1% in November, official data showed.

Stock Market Today

  • Shell Cancels Over 1.5 Million Shares in Ongoing Buy-Back Programme
    March 20, 2026, 2:06 PM EDT. Shell plc repurchased and canceled more than 1.5 million shares on March 19, 2026, as part of its ongoing buy-back programme running from February to May 2026. The shares were bought across multiple trading venues in London and continental Europe in both sterling and euros. Managed independently by Morgan Stanley, the programme aims to support Shell's capital return strategy, potentially boosting earnings per share and shareholder value. Shell's stock is rated Buy with a price target of £3,842, driven by strong profitability, cost controls, disciplined capital expenditure, and a moderate price-to-earnings ratio with a 3.9% yield. The company's current market capitalization is £194.9 billion with average trading volume over 11 million shares.
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