Marcin Frąckiewicz

Why Suncorp Group Limited Stock Price Is Back in Focus as Buyback Builds

Why Suncorp Group Limited Stock Price Is Back in Focus as Buyback Builds

Suncorp Group’s buyback program reached A$250.3 million after purchasing 436,570 shares for A$6.83 million on March 19, about 63% of its A$400 million target for fiscal 2026. The stock closed at A$15.81 Friday, up 0.7%, with a fully franked 17-cent interim dividend due March 31. Suncorp has bought back about 1.3% of its shares since September.
March 22, 2026
PLS Group Stock Price Today: Why ASX Lithium Bellwether PLS Heads Into Monday on Shaky Ground

PLS Group Stock Price Today: Why ASX Lithium Bellwether PLS Heads Into Monday on Shaky Ground

PLS Group Limited closed at A$4.23 in Sydney, down 13.5% over five sessions despite a 2.4% rebound Friday. The lithium miner reported first-half revenue up 47% to A$624 million and EBITDA up 241% to A$253 million. PLS holds key assets in Australia, Brazil, and South Korea, and recently secured a US$100 million prepayment offtake deal. Broader market volatility and commodity swings continue to weigh on the stock.
March 22, 2026
Macquarie Group Stock Price Falls to A$194.99 as Rates, Gulf Deal Risks Weigh

Macquarie Group Stock Price Falls to A$194.99 as Rates, Gulf Deal Risks Weigh

Macquarie Group shares closed at A$194.99 on Friday, down 0.56% and about 12% below their February high. The Reserve Bank of Australia raised rates to 4.10% last week, prompting Macquarie to lift its home-loan and savings rates from April 2. The stock’s drop was less severe than some peers as financials broadly retreated. Macquarie reports full-year results on May 8.
March 22, 2026
ANZ Group Holdings Stock Price Falls to A$36.60 as Fresh Rate Hike Hits Big Banks

ANZ Group Holdings Stock Price Falls to A$36.60 as Fresh Rate Hike Hits Big Banks

ANZ Group Holdings shares closed down 1.13% at A$36.60 Friday, with A$407.4 million traded, as Australian bank stocks broadly declined. The drop follows the Reserve Bank of Australia’s rate hike to 4.1% and ANZ’s move to raise variable home loan rates by 0.25 percentage point from March 27. Consumer confidence fell to its lowest since March 2020, while inflation expectations climbed to 6.7%.
March 22, 2026
Santos Share Price in Focus After Australia Flags Windfall Gas Tax as Oil Jumps

Santos Share Price in Focus After Australia Flags Windfall Gas Tax as Oil Jumps

Santos closed down 0.5% at A$7.98 on March 20 after reports Prime Minister Anthony Albanese asked Treasury to model a windfall gas profits tax. LNG prices have doubled since February amid Middle East tensions, with Australia exporting A$65 billion of LNG last year. The Petroleum Resources Rent Tax is under renewed scrutiny ahead of the May budget. Brent crude rose 3.26% to $112.19 a barrel Friday.
March 22, 2026
Crypto Casino ZunaBet Takes Aim at bet365, Cloudbet as Online Gambling Splits in Two

Crypto Casino ZunaBet Takes Aim at bet365, Cloudbet as Online Gambling Splits in Two

ZunaBet, a crypto casino operated by Belize-based Strathvale Group Ltd., launched in 2026 and is being compared to bet365 and other major brands in a series of sponsored articles. The UK Gambling Commission is reviewing crypto’s role in licensed gambling amid concerns over illegal sites and regulatory safeguards. ZunaBet holds an Anjouan licence valid through October 2026 and offers over 11,000 games and crypto-based rewards. Bet365 reported £4.04 billion turnover for 2025.
March 22, 2026
Northern Star Resources Share Price Extends Slide as Output Warning and Gold Drop Bite

Northern Star Resources Share Price Extends Slide as Output Warning and Gold Drop Bite

Northern Star Resources shares fell 2.43% to A$18.50 Friday after another production warning and a 1.8% drop in spot gold to $4,563.64 an ounce. The company now expects fiscal 2026 output just above 1.5 million ounces, down from earlier guidance. Operations remain dependent on the old KCGM mill until expansion in early fiscal 2027. Investors await the next update on April 22.
March 22, 2026
UK Stock Market Week Ahead: FTSE 100 Faces Oil Shock as BoE Rate Bets Jump

UK Stock Market Week Ahead: FTSE 100 Faces Oil Shock as BoE Rate Bets Jump

The FTSE 100 closed Friday at 9,918.33, down 1.4%, marking its third consecutive weekly loss as Brent crude hit $112.19 a barrel, the highest since July 2022. Yields on 10-year UK gilts rose above 5%, their highest since the financial crisis, while February public borrowing reached £14.3 billion, far above forecasts. Smiths Group shares fell 9.8% after missing revenue targets; JD Wetherspoon dropped 10.6% on a profit warning.
March 22, 2026
Australia Stock Market Week Ahead: ASX 200 Braces for CPI Test as Oil Shock Deepens

Australia Stock Market Week Ahead: ASX 200 Braces for CPI Test as Oil Shock Deepens

The S&P/ASX 200 closed Friday at 8,428.4 as Brent crude hit $112.19 a barrel, its highest since July 2022. Rio Tinto shut two Queensland bauxite mines due to Cyclone Narelle, sending its stock down as much as 4%. Australia faces fuel supply strain after six Asian shipments were cancelled, leaving 38 days of petrol in stock. The February CPI lands Wednesday, days after the RBA raised rates to 4.1%.
March 22, 2026
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
1 78 79 80 81 82 172