ASX:MTS 22 June 2026

Woolworths Group (ASX:WOW) outperforms ASX 200 ahead of grocery price law

Woolworths Group (ASX:WOW) outperforms ASX 200 ahead of grocery price law

The ASX cash market was yet to open for pre-trade. Brokers may start entering orders from 07:00 Sydney time, with regular trading beginning at about 09:59:45. Woolworths Group Ltd last closed at A$40.24 on Friday, gaining 0.75% for the day. Woolworths gained 5.0% from its June 19 close this week, outpacing Coles Group Ltd, Metcash Ltd and the S&P/ASX 200, even as supermarket pricing pressures came to the fore.
June 28, 2026
Woolworths Group (ASX:WOW) share price hits 52-week high as IGA narrows price gap

Woolworths Group (ASX:WOW) share price hits 52-week high as IGA narrows price gap

Woolworths Group entered Tuesday’s pre-open at a 52-week high after closing at A$38.55, up 0.6%, as investors favoured the grocer in a slightly weaker Australian market. Rival Coles added just 0.13%. Normal ASX trading begins shortly before 10 a.m. Sydney time. The move matters because no new Woolworths disclosure caused it. The company’s latest price-sensitive filing remains its April 30 third-quarter sales report, while Monday’s volume was well below the recent average. Taken together, that suggests steady defensive positioning rather than a broad, high-conviction valuation reset — an inference from the trading data, not a company-stated catalyst.
June 22, 2026