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Stock Market News 6 January 2026

Evolution Mining stock ends higher as gold hits a one-week high; EVN investors eye Jan 21 update

Evolution Mining stock ends higher as gold hits a one-week high; EVN investors eye Jan 21 update

Sydney, Jan 6, 2026, 18:22 AEDT — Market closed Evolution Mining Ltd (EVN.AX) shares closed up 0.2% at A$12.82 on Tuesday, steadying near the top of their 52-week range as gold pushed higher. The stock traded between A$12.68 and A$13.04 and remains just below a 52-week high of A$13.30. Investing The timing matters for gold miners because bullion’s latest leg…
Telstra share price slips as rate-hike bets rise — what to watch before CPI and Feb earnings

Telstra share price slips as rate-hike bets rise — what to watch before CPI and Feb earnings

Sydney, Jan 6, 2026, 18:17 AEDT — Market closed Telstra Group Ltd shares closed down 0.4% at A$4.82 on Tuesday, after trading between A$4.79 and A$4.85. The stock finished 2 Australian cents below its prior close of A$4.84. Investing The drift lower comes as investors brace for Australia’s monthly consumer price index report for November, due on Wednesday, Jan. 7.…
Woolworths (ASX:WOW) share price slips at close as CPI looms; what investors watch next

Woolworths (ASX:WOW) share price slips at close as CPI looms; what investors watch next

Sydney, January 6, 2026, 18:10 AEDT — Market closed Woolworths Group Ltd shares (WOW.AX) ended down 0.46% at A$28.84 on Tuesday, after moving between A$28.77 and A$29.20 in the session. Woolworths Group The small decline still matters now because investors are positioning for Australia’s key inflation update on Wednesday, which can quickly reset bets on interest rates and household spending.…
ANZ shares slide nearly 2% as banks retreat ahead of Australia CPI — what to watch next

ANZ shares slide nearly 2% as banks retreat ahead of Australia CPI — what to watch next

Sydney, January 6, 2026, 17:46 AEDT — Market closed ANZ Group Holdings Ltd (ASX:ANZ) ended down 1.96% at A$35.97 on Tuesday, after swinging between A$35.65 and A$36.79. The stock has traded between A$26.22 and A$38.93 over the past 52 weeks, leaving it off last year’s peak. Intelligent Investor The drop matters because Australian bank shares can move sharply when investors…
Northern Star Resources stock: NST share price edges up as Jan 22 cost update nears

Northern Star Resources stock: NST share price edges up as Jan 22 cost update nears

Sydney, Jan 6, 2026, 17:45 AEDT — Market closed Northern Star Resources Ltd (ASX: NST) shares closed up 0.8% at A$25.15 on Tuesday. Australian Securities Exchange The miner last week cut its FY26 production guidance — its forecast for annual output — to 1.6 million-1.7 million ounces from 1.7 million-1.85 million after a softer December quarter. Northern Star put gold…
Lynas Rare Earths stock rises as NdPr prices slip and a January update looms

Lynas Rare Earths stock rises as NdPr prices slip and a January update looms

Sydney, Jan 6, 2026, 17:54 (AEDT) — After-hours Lynas Rare Earths Ltd shares ended Tuesday up 1.4% at A$13.15, after trading between A$12.87 and A$13.37. The move matters now because Lynas is one of the few large, listed suppliers of separated rare earth products outside China, and the market remains sensitive to any shift in supply-chain politics around critical minerals.…
Woodside Energy stock edges higher as oil dips; investors watch Jan 28 update

Woodside Energy stock edges higher as oil dips; investors watch Jan 28 update

Sydney, Jan 6, 2026, 17:59 AEDT — Market closed Woodside Energy Group Ltd (WDS.AX) shares ended 0.8% higher at A$23.52 on Tuesday, after trading between A$23.31 and A$23.59. The stock had fallen about 1.4% a day earlier, after touching an intraday high of A$24.01. The move matters because Woodside’s share price remains tightly tethered to shifts in crude oil and…
Westpac shares slide 2.2% as bank sell-off deepens ahead of Australia CPI test

Westpac shares slide 2.2% as bank sell-off deepens ahead of Australia CPI test

Sydney, January 6, 2026, 17:46 AEDT — After-hours Westpac Banking Corporation shares fell 2.2% to close at A$38.19 on Tuesday, extending a pullback across Australia’s big banks as investors positioned for an inflation reading due on Wednesday. The stock traded between A$37.90 and A$39.02, and about 4.0 million shares changed hands. FT Markets The slide matters because banks are among…
Wesfarmers shares slide as inflation data looms, putting ASX:WES back under A$80

Wesfarmers shares slide as inflation data looms, putting ASX:WES back under A$80

Sydney, Jan 6, 2026, 17:52 AEDT — Market closed Wesfarmers Ltd shares fell on Tuesday, last down 1.3% at A$79.78, as investors trimmed exposure to consumer-facing names ahead of an inflation report that could reset expectations for interest rates. Wesfarmers The move matters because inflation and rates feed quickly into household budgets in Australia, where mortgage costs can swing with…
L&T just hit ₹4,195: what the new 52-week high says about India’s blue-chip rally

L&T just hit ₹4,195: what the new 52-week high says about India’s blue-chip rally

MUMBAI, January 6, 2026, 11:30 IST Shares of Larsen & Toubro Ltd hovered near record territory on Tuesday after the engineering and construction group hit a fresh 52-week high of 4,194.70 rupees on the BSE on Jan. 5, company data showed. The stock last traded around 4,153 rupees, and institutional investors held about 62% of its shares as of Sept.…
NAB slides nearly 3% as rate-hike chatter hits bank stocks ahead of Australia inflation print

NAB slides nearly 3% as rate-hike chatter hits bank stocks ahead of Australia inflation print

Sydney, January 6, 2026, 17:38 (AEDT) — Market closed. National Australia Bank Ltd shares fell 3.0% on Tuesday, closing at A$41.28 and snapping a quiet start to the new year for Australia’s lenders. StockAnalysis The drop mattered because bank stocks are back to trading like “rates stocks” again: investors are recalibrating for the risk that the Reserve Bank of Australia…
Fortescue shares rise as iron ore firms; FMG investors eye Jan. 22 output report

Fortescue shares rise as iron ore firms; FMG investors eye Jan. 22 output report

Sydney, Jan 6, 2026, 16:58 AEDT — After-hours Fortescue Ltd shares rose on Tuesday, buoyed by a fresh lift in iron ore prices that kept demand steady for Australia’s heavyweight miners. Fortescue was last up 1.56% at A$22.84, after trading between A$22.00 and A$22.84. Intelligent Investor The move matters because iron ore is Fortescue’s core earnings engine, and the raw…

Stock Market Today

  • Mueller Industries (MLI) Valuation Strong Amid Multi-Year Share Gains
    February 1, 2026, 5:26 PM EST. Mueller Industries has delivered impressive shareholder returns, with a 74.8% total return over the past year and nearly 7x over five years. Despite recent share price volatility, its stock remains attractively valued at a P/E ratio of 20.2x, below the US Machinery sector average of 27.6x and peer average of 29.5x. The company's strong earnings growth, 24.5% return on equity, and improved profit margins bolster this valuation. Analysts note that while the stock trades near fair value estimates, it still presents potential upside if market expectations align. Investors are advised to consider sector risks, including exposure to cyclical markets, before investing.
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