Marcin Frąckiewicz

Why CSL Limited Stock Price Rose Even as the ASX Fell

Why CSL Limited Stock Price Rose Even as the ASX Fell

CSL Limited shares rose 2.9% to A$138.50, outperforming the ASX 200 as the index fell 0.82%. The gain follows a share buyback and recent management changes after a February earnings shock that sent the stock down 18%. CSL remains about 46% below its year-ago level, with a market value of A$67 billion. Morgan Stanley maintains an overweight rating with a A$215 target.
March 22, 2026
NAB Share Price Falls as RBA Rate Bets and Oil Fears Hit Australian Bank Stocks

NAB Share Price Falls as RBA Rate Bets and Oil Fears Hit Australian Bank Stocks

National Australia Bank shares fell 2.25% to A$45.57 Friday, underperforming peers as the S&P/ASX 200 hit a four-month low. The drop followed a broader market slide amid Middle East tensions and expectations of further Reserve Bank of Australia rate hikes. NAB now trades about 5% below its February peak after reporting a 16% rise in first-quarter cash earnings. Investors await Wednesday’s February CPI report for signals on future RBA moves.
March 22, 2026
Westpac Banking Corporation Stock Price Slides as Rate Fears Hit Australia’s Big Banks

Westpac Banking Corporation Stock Price Slides as Rate Fears Hit Australia’s Big Banks

Westpac shares closed Friday at A$40.70, down 1.05% and about 6% below last month’s high, as investors weighed inflation and rate-hike risks. The Reserve Bank of Australia raised its cash rate to 4.1% on March 17, prompting Westpac to lift variable home-loan rates by 25 basis points from March 31. Other major banks also fell Friday, signaling a sector-wide move. Westpac’s next investor update is set for March 26.
March 22, 2026
Woodside Energy Stock Price in Focus as Oil Hits Highest Since 2022 and Australia Eyes Gas Tax

Woodside Energy Stock Price in Focus as Oil Hits Highest Since 2022 and Australia Eyes Gas Tax

Woodside Energy shares closed at A$34.04 Friday, up nearly 10% in five sessions, as Brent crude hit $112.19 a barrel, its highest since July 2022. The Australian government is considering a levy on gas windfall profits, which could affect Woodside and peers. Liz Westcott was confirmed as CEO last week, with priorities including the Scarborough and Louisiana LNG projects. Production is forecast to drop in 2026 due to maintenance.
March 22, 2026
BHP Stock Price Falls as CEO Bounce Fades, China Iron Ore Risks Linger

BHP Stock Price Falls as CEO Bounce Fades, China Iron Ore Risks Linger

BHP Group’s U.S. shares fell 3.09% to $65.29 on Friday, erasing gains made after Brandon Craig was named CEO. Investors remain cautious as copper now accounts for over half of BHP’s operating earnings, and questions persist over leadership diversity and strategy. Iron ore demand from China remains weak, while diesel supply concerns add cost risks. Craig will assume the role on July 1.
March 22, 2026
Evolution Mining Stock Price Rebounds, but EVN Faces April Test After Gold Selloff

Evolution Mining Stock Price Rebounds, but EVN Faces April Test After Gold Selloff

Evolution Mining shares closed up 1.64% at A$12.41 Friday but remain below Wednesday’s A$13.50 after a gold-driven selloff. Spot gold fell 1.8% Friday as the dollar and yields rose, pressuring miners. Evolution will release its March-quarter update April 15 and pay a 20-cent interim dividend April 2. Investors await confirmation of full-year production and cost guidance after February’s record profit.
March 22, 2026
Commonwealth Bank of Australia Stock Price: CBA Shares Enter a Key Week After RBA Hike and Oil Shock

Commonwealth Bank of Australia Stock Price: CBA Shares Enter a Key Week After RBA Hike and Oil Shock

Commonwealth Bank of Australia shares closed Friday at A$175.64, down 0.97%, as the Reserve Bank’s rate hike to 4.10% and rising oil prices unsettled markets. CBA will increase home and eligible business loan rates by 25 basis points from March 27. Brent crude settled at $112.19 a barrel on Friday and may rise further after weekend tensions.
March 22, 2026
SSE PLC Stock Price Slides Even After Ferrybridge Battery Goes Live

SSE PLC Stock Price Slides Even After Ferrybridge Battery Goes Live

SSE shares fell 3.02% to 2,573 pence Friday, despite the launch of its 150MW Ferrybridge battery site and the admission of 5 million new shares, as London-listed energy stocks slid on rate hike fears. The drop followed a 52-week high earlier in the week and came amid heavy trading. SSE’s new battery brings its fleet to 200MW. The company recently accepted Ofgem’s RIIO-T3 settlement and guided for lower earnings in 2026.
March 21, 2026
Diageo Stock Price Ends Near 52-Week Low as Investors Wait for Turnaround Proof

Diageo Stock Price Ends Near 52-Week Low as Investors Wait for Turnaround Proof

Diageo shares closed at 1,400 pence in London Friday, near their 52-week low, after heavy trading saw 24.6 million shares change hands. The company’s stock remains under pressure following a February outlook cut, dividend halving, and continued weak U.S. and China demand. CEO Dave Lewis plans to present a new strategy to the board in Q2 and disclose it publicly in Q3.
March 21, 2026
IG Group Share Price Near Record High After U.S. Listing Review, Buyback and Outlook Lift

IG Group Share Price Near Record High After U.S. Listing Review, Buyback and Outlook Lift

IG Group shares closed at 1,450 pence on Friday, holding most of Thursday’s 6.25% jump after the company launched a strategic review that may include a U.S. listing. The firm reported record revenue of £1.123 billion for 2025, up 7%, and expects about £300 million revenue for the March quarter. Active customers more than doubled after acquiring Freetrade. The board will update on the review in the autumn.
March 21, 2026
British American Tobacco Stock Price Falls as BAT Buyback Fails to Shield Shares

British American Tobacco Stock Price Falls as BAT Buyback Fails to Shield Shares

British American Tobacco shares dropped 1.0% to 4,311 pence Friday, underperforming despite a new buyback and a 61.26 pence quarterly dividend. The FTSE 100 fell 1.4% amid inflation warnings and Middle East tensions. BAT confirmed 2026 growth targets but said results may land at the low end. The company faces a U.S. vape crackdown and a London lawsuit over North Korea sanctions disclosures.
March 21, 2026
Barclays PLC Share Price Falls Again as BoE Hike Bets and MFS Probe Hit Sentiment

Barclays PLC Share Price Falls Again as BoE Hike Bets and MFS Probe Hit Sentiment

Barclays shares fell 2.02% to 373.90 pence Friday, underperforming the FTSE 100 as UK bank stocks slid. The drop follows signals the Bank of England may hike rates as soon as April and news of a regulatory probe into Market Financial Solutions, a failed lender to which Barclays has exposure. Barclays is now 6.3% below its March 18 close. NatWest, HSBC, and Lloyds also declined.
March 21, 2026
Australia Stock Market This Week: ASX 200 Sinks for Third Week as RBA Hike, Oil Shock Bite

Australia Stock Market This Week: ASX 200 Sinks for Third Week as RBA Hike, Oil Shock Bite

The S&P/ASX 200 closed Friday at 8,428.40, down 0.82% for the day and 2.2% for the week, marking a third straight weekly loss as miners slumped. The Reserve Bank of Australia raised its cash rate to 4.10% in a narrow vote. Brent crude hit $112.19 a barrel, its highest since July 2022. Australia’s jobless rate edged up to 4.3% in February despite a rise in employment.
March 21, 2026
Vodafone Group PLC Share Price Rises as Berenberg Lifts Target and Buyback Continues

Vodafone Group PLC Share Price Rises as Berenberg Lifts Target and Buyback Continues

Vodafone shares rose 0.28% to 107.95 pence Friday after the company bought back 2 million shares and Berenberg raised its target price to 123 pence. The buyback is part of a €500 million tranche launched in February, with €3.5 billion already completed since May 2024. Vodafone reported 5.4% third-quarter service revenue growth and maintained full-year profit guidance. Germany remains a competitive challenge.
March 21, 2026
Anglo American Share Price Slides as London Rout Deepens, Teck Deal Timing Back in Focus

Anglo American Share Price Slides as London Rout Deepens, Teck Deal Timing Back in Focus

Anglo American shares dropped 3% to 2,867 pence on Friday, underperforming the FTSE 100’s 1.4% decline as miners were sold off. The company posted a $3.7 billion loss in February and cut its dividend, while its merger with Teck Resources awaits final approval. Copper output guidance for 2026 was lowered after a 10% drop in 2025 production. J.P. Morgan now expects two Bank of England rate hikes by July.
March 21, 2026
Flying Taxis May Finally Launch in 2026. The Hard Part for Joby and Archer Is Still on the Ground

Flying Taxis May Finally Launch in 2026. The Hard Part for Joby and Archer Is Still on the Ground

Joby Aviation expects to launch passenger flights in Dubai by late 2026, holding exclusive aerial taxi rights for six years, according to Reuters. The U.S. Transportation Department said eVTOL pilot programs will begin in 26 states by summer 2026. Archer and other firms are also preparing for commercial operations in the U.S. and UAE. FAA flight testing of Joby’s aircraft began in California in March.
March 21, 2026
1 2 3 4 5 6 96