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Stock Market News 23 January 2026

ANZ share price slips after Suncorp job-cut row as RBA rate bets tighten

ANZ share price slips after Suncorp job-cut row as RBA rate bets tighten

ANZ Group shares closed 0.5% lower at A$36.21 on Friday, with about 3.9 million shares traded. The Finance Sector Union criticized ANZ over planned Suncorp Bank job cuts, saying 66 Brisbane roles are set to go. Investors are watching for December CPI data on Jan. 28, ahead of the Reserve Bank’s Feb. 3 meeting, as markets price in a possible rate hike.
DroneShield stock slips 5% after broker-led rally; what to watch after the ASX holiday

DroneShield stock slips 5% after broker-led rally; what to watch after the ASX holiday

DroneShield shares fell 5.5% to A$4.47 Friday, reversing part of Thursday’s 9.5% surge. Bell Potter raised its price target to A$5, citing U.S. public safety spending and a potential A$2.5 billion sales pipeline. About 15.3 million shares changed hands. The ASX will close Monday for Australia Day, reopening Tuesday.
Evolution Mining share price jumps 5% as EVN rides gold rally and record cash flow — what to watch next

Evolution Mining share price jumps 5% as EVN rides gold rally and record cash flow — what to watch next

Evolution Mining shares surged 5.3% Friday to A$14.86 after reporting record December-quarter cash flow of A$1.1 billion and reduced costs. The company produced 191,000 ounces of gold and 18,000 tonnes of copper, holding A$967 million in cash at quarter-end. Ernest Henry mine is set to restart processing by late January after rain-related shutdowns. The ASX will remain closed Monday for Australia Day.
23 January 2026
South32 share price stalls near 3-year high after manganese rebound — what S32 investors watch next

South32 share price stalls near 3-year high after manganese rebound — what S32 investors watch next

South32 shares slipped to A$4.39 on Friday after surging nearly 5% the previous day on strong quarterly manganese output. The miner kept fiscal 2026 production guidance unchanged and flagged a temporary shutdown at Mozal Aluminium in Mozambique from March 2026. Investors await half-year results and an interim dividend decision on Feb. 12.
Paladin Energy stock slips after Friday close as PDN rally meets broker downgrade

Paladin Energy stock slips after Friday close as PDN rally meets broker downgrade

Paladin Energy shares fell 0.4% to A$13.31 after nearing a 52-week high earlier in the week. The company reported selling 1.43 million pounds of uranium at $71.8 per pound, with costs at $39.7 per pound, and expects full-year output at the top end of guidance. JPMorgan downgraded the stock, citing overvaluation, while Canaccord Genuity maintained a buy rating. Investors await final mining fleet deliveries at Langer Heinrich.
Lynas Rare Earths share price holds near A$17 as price-floor talks and outages stay in focus

Lynas Rare Earths share price holds near A$17 as price-floor talks and outages stay in focus

Lynas Rare Earths shares closed up 0.7% at A$16.86 after a quarterly update showed higher prices but lower output due to power disruptions. Revenue for the quarter reached A$201.9 million, with production falling to 2,382 tonnes. CEO Amanda Lacaze highlighted talks on government-backed price floors. Earnings are scheduled for March 4.
CSL share price rises on ASX as U.S. vaccine policy shifts rattle the sector

CSL share price rises on ASX as U.S. vaccine policy shifts rattle the sector

CSL Ltd shares closed 0.7% higher at A$179.62 Friday, extending Thursday’s gains, with 1.01 million shares traded. The stock’s rise comes as U.S. vaccine policy changes under Health Secretary Robert F. Kennedy Jr. weigh on sentiment for CSL’s Seqirus unit. CSL delayed a Seqirus spinoff and cut its 2026 growth forecast in October, citing falling U.S. flu vaccination rates. Half-year results are due Feb. 11.

Stock Market Today

Corning stock price hits record close — what’s driving GLW and the next big test

Corning stock price hits record close — what’s driving GLW and the next big test

7 February 2026
Corning shares jumped 8.3% to a record $122.16 Friday, gaining 11% over two sessions amid strong demand for AI infrastructure stocks. The move follows a $6 billion optical fiber deal with Meta and upgraded company forecasts. Shares traded as high as $122.56 and rose 0.6% after hours. COO Avery Nelson sold 1,894 shares for tax withholding, retaining 66,050.
PepsiCo stock: €2.5 billion bond deal lands as investors size up the price-cut gamble

PepsiCo stock: €2.5 billion bond deal lands as investors size up the price-cut gamble

7 February 2026
PepsiCo priced €2.5 billion in euro notes across four maturities, with settlement set for Feb. 11, according to an SEC filing. The company plans to use proceeds for general corporate purposes, including repaying commercial paper. Shares closed at $170.49 Friday, up 1.8%. PepsiCo is also cutting U.S. snack prices by up to 15% after consumer pushback.
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