ASX:SIG

ASX:SIG·Finance·Healthcare·News·Stock Market

Sigma Healthcare Share Price Jumps 4.5% After Jefferies Upgrade Revives Chemist Warehouse Focus

Sigma Healthcare shares jumped 4.5% to A$2.78 on March 20 after Jefferies upgraded the stock and set a A$3.05 target, with trading volume surging to 103 million shares. The move followed strong half-year results, including a 14.9% revenue rise to A$5.5 billion and 18.7% EBIT growth, and coincided with an interim dividend payment.

March 22, 2026

ASX Expected to Open Lower Following Stagnant Wall Street Near Records
May 27, 2026, 8:05 PM EDT. Australian shares are forecast to open lower after Wall Street paused near all-time highs despite the S&P 500 and Nasdaq Composite reaching new records. The ASX 200 closed 0.7% higher on Wednesday after April inflation data showed a modest slowdown at 4.2%, bolstered by a temporary fuel excise cut. This softened inflation strengthened expectations the Reserve Bank of Australia will pause rate hikes in June. However, trimmed mean inflation rose to 3.4%, above the RBA's 2-3% target, keeping uncertainty for future monetary policy. Technology stocks gained, supported by AI-sector interest, with NextDC and Megaport advancing 3.8% and 8.6%, respectively. Mining stocks also improved amid aluminium price gains. The overall climate reflects cautious optimism as markets weigh inflation risks and economic pressures from elevated fuel prices and global supply chain disruptions.