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TSX:2311 News 6 February 2026

ASE Technology stock jumps 7% after $3.2 billion advanced-packaging target; Monday in focus

ASE Technology stock jumps 7% after $3.2 billion advanced-packaging target; Monday in focus

Shares of ASE Technology rose 7.2% to T$304.50 Friday after the company projected its advanced chip packaging business would double to $3.2 billion by 2026 and announced an extra $1.5 billion in capital spending for the year. ASE reported unaudited Q4 net income of NT$14.7 billion on revenues of NT$177.9 billion. Taiwan’s market is closed for the weekend; traders await Monday’s open.
6 February 2026
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Stock Market Today

  • Ora Banda Mining Shares Drop 17% in Week But Up 987% Over Three Years
    February 6, 2026, 4:53 PM EST. Ora Banda Mining Limited (ASX:OBM) shares fell 17% in the past week and 31% over 30 days, yet maintain a staggering 987% rise over three years. This strong long-term gain aligns with the company moving from losses to profitability, boosting investor confidence. Despite recent volatility, Ora Banda Mining delivered a 20% total shareholder return (TSR) in the last year and a 33% annual TSR over five years. However, investors should note two warning signs flagged in the company's fundamentals. Understanding the full investment case requires reviewing both the impressive earnings growth and potential risks.
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