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Stock Market News 6 January 2026

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 reassess the interest-rate outlook. Higher rates can support lending margins, but they also raise funding costs and increase the risk that borrowers fall behind on repayments. Australia’s benchmark S&P/ASX 200 closed down 0.5%, as losses in major banks outweighed gains
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 sales for the quarter at about 348,000 ounces, taking first-half sales to about 729,000 ounces, and said lower sales were expected to weigh on costs, with revised cost guidance — its expected costs per ounce — due with the Jan.
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. Reuters Pricing screens were mixed. Praseodymium-neodymium oxide — known as NdPr, a key input for permanent magnets in electric motors — slipped 0.4% in China on Jan. 6, Shanghai Metals Market data showed. Macro nerves have not gone away, and
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 liquefied natural gas (LNG), the super-chilled fuel shipped by tanker. Energy traders have been recalibrating supply expectations, keeping day-to-day volatility elevated. That sensitivity is coming back to the fore as investors look ahead to Woodside’s next production update later this
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 the most interest-rate sensitive stocks on the ASX: their earnings lean on the spread between what they charge borrowers and what they pay depositors and wholesale markets. That spread is often described as net interest margin, the gap between interest
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+1 The move matters because inflation and rates feed quickly into household budgets in Australia, where mortgage costs can swing with policy settings. For a retail-heavy group like Wesfarmers, that backdrop can shape near-term sales momentum and margin pressure across its big chains. Indo Premier Traders are also watching what the data implies for the Reserve Bank of Australia’s next step.
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. 30, 2025, the company’s investor website said. L&T Investors The move comes as Indian equities digest a sharp run-up. The Nifty 50 slipped 0.1% and the Sensex fell 0.21% by 9:54 a.m. IST on Tuesday, a day after the Nifty
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 keeps policy tight, or even hikes, if inflation proves sticky. ABC That repricing is immediate. Australia’s benchmark share index slipped 0.92% on the day, with financials among the drags, as traders positioned ahead of the monthly CPI release due Wednesday.
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 material began 2026 on firmer footing in China. The most-traded May iron ore contract in Dalian gained 0.95% on Monday to 797 yuan a tonne, while the Singapore benchmark rose to $105.65, underpinned by mill restocking ahead of February’s Lunar
Macquarie shares buck weak ASX as investors eye Qube deadline and May results

Macquarie shares buck weak ASX as investors eye Qube deadline and May results

Sydney, January 6, 2026, 17:18 (AEDT) — Market closed. Macquarie Group shares ended Tuesday up 1.68% at A$206.76, outperforming a broader market that finished lower. Investing.com Australia The gain mattered because it came as the benchmark S&P/ASX 200 slipped 0.52%, underscoring selective buying in the financials-heavy tape after the holiday lull. Investing.com Australia With no fresh company filing in the past two days, traders pointed to positioning and catalyst-watching rather than headline-driven flow, as investors return to desks and reset risk into January. Macquarie remains a bellwether for sentiment toward investment banks and asset managers in Australia, with earnings still
BlueScope Steel stock jumps 21% on A$30 takeover bid — the next catalyst investors are watching

BlueScope Steel stock jumps 21% on A$30 takeover bid — the next catalyst investors are watching

SYDNEY, Jan 6, 2026, 16:58 AEDT — Market closed BlueScope Steel Limited (ASX:BSL) shares closed up 20.57% at A$29.48 on Tuesday after Australian conglomerate SGH and U.S. steelmaker Steel Dynamics confirmed an approach to buy the company for A$30 a share in cash. Investing.com+1 The move pulled the stock to within about 1.7% of the indicative price, leaving traders to price the risk that talks fail — and the chance the bidders lift their offer. The last close before the rally was A$24.45. Investing.com+1 The timing matters because BlueScope has been arguing its cash flow and earnings power are set
PLS Group stock jumps near a 52-week high as lithium prices spike — what investors watch next

PLS Group stock jumps near a 52-week high as lithium prices spike — what investors watch next

SYDNEY, Jan 6, 2026, 16:59 AEDT — Market closed PLS Group Limited shares jumped 9.5% on Tuesday to A$4.84, closing near a 52-week high as lithium-linked stocks held their ground while the broader market slipped. The S&P/ASX 200 ended down 0.5%, but materials gained 1.5%, an ABC market wrap showed. Intelligent Investor+1 The move matters because lithium markets have become a live macro trade again after a long oversupply-driven slump, and investors are quick to reprice miners on any sign of tightening fundamentals. Reuters reported demand growth from grid-scale battery storage — large batteries used to store power for the

Stock Market Today

Westpac share price slides after ASX rout; investors brace for next week’s WBC update

Westpac share price slides after ASX rout; investors brace for next week’s WBC update

7 February 2026
Westpac shares fell 1.2% to A$39.43 Friday as the S&P/ASX 200 dropped 2% amid broad selling. The bank is set to roll out Microsoft 365 Copilot to 35,000 staff after a pilot last year. Investors are watching for signs of loan growth and credit quality ahead of Westpac’s first-quarter update on Feb. 13. The Reserve Bank of Australia raised its cash rate to 3.85% this week.
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