ASX:ELD 17 May 2026

Elders Drops 23% in Sydney Despite Higher Profit as Investors React to Costs
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Elders Drops 23% in Sydney Despite Higher Profit as Investors React to Costs

Elders Limited shares plunged 22.92% to A$5.55 on Monday, despite a 33% rise in first-half underlying EBIT to A$76.6 million. Investors punished the company for higher technology and corporate costs, with underlying earnings per share down 4% and return on capital falling to 10.7%. The S&P/ASX 200 dropped 1.45% to a seven-week low. Regular ASX trading resumes Tuesday at 9:59 a.m. AEST.
May 19, 2026
UK & AU Stock Market Today: Live Updates 17.05.2026
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UK & AU Stock Market Today: Live Updates 17.05.2026

LIVEMarkets rolling coverageStarted: May 17, 2026, 12:00 AM EDTUpdated: May 17, 2026, 11:57 PM EDT ASX 200 Stocks Continue Dominating Market Conversations May 17, 2026, 11:57 PM EDT. ASX 200 stocks remain a central focus in Australian market discussions, reflecting their critical role in the economy. This index tracks the top 200 companies on the Australian Securities Exchange, offering insights into market trends and investor sentiment. Despite active conversations, the content emphasizes that no specific stock recommendations are made. Investors are advised to conduct thorough research and consult financial professionals before making decisions. Kalkine Media provides this information solely for
May 17, 2026

Stock Market Today

  • Guzman Y Gomez Shares Plunge 37% but Show Strong Growth Prospects
    May 29, 2026, 9:18 PM EDT. Guzman Y Gomez Ltd (ASX: GYG), an Australian Mexican restaurant chain, has seen its shares fall over 37% in the past year and more than 55% since December 2024. Despite the volatility, the company has ambitious growth plans, aiming to expand its Australian restaurant count from 242 to 1,000 within 20 years. It reported 20% network sales growth and 6.6% comparable sales growth in Australia in Q3 FY26, with underlying earnings before interest, taxes, depreciation, and amortization (EBITDA) expected to rise 29% year-on-year to about AUD 85 million. Asian operations, particularly in Japan and Singapore, are growing at 15% per year but remain a small portion of total sales. Rising profit margins could further boost future earnings, making GYG a notable opportunity outside the volatile tech sector.