Finance 18 May 2026

UK & AU Stock Market Today: Live Updates 30.05.2026
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UK & AU Stock Market Today: Live Updates 30.05.2026

LIVEMarkets rolling coverageStarted: May 30, 2026, 4:00 AM EDTUpdated: May 30, 2026, 4:10 AM EDT Fortescue Ltd (ASX:FMG) Shares Considered for 2026 Value Amid Shifting Markets May 30, 2026, 4:06 AM EDT. Fortescue Ltd (ASX:FMG), a major iron ore producer and explorer, has seen its share price rise 0.77% in 2026. The company’s core business yields a 52.4% gross margin on $18.2 billion in revenue, though revenues and profits have declined over three years with respective CAGRs of -6.5% and -18%. Fortescue’s net debt stands at $497 million, indicating manageable leverage. The firm is expanding into copper, lithium, and rare
May 30, 2026
Santos Shares Rise After Alaska Oil Moves, Traders Eye Tuesday Open
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Santos Shares Rise After Alaska Oil Moves, Traders Eye Tuesday Open

Santos shares rose 2.66% to A$8.09 on Monday after announcing first oil from the Pikka project in Alaska. The company expects output to reach 20,000 barrels a day in the coming weeks, targeting 80,000 barrels a day in the third quarter. The broader ASX 200 fell 1.45% as energy stocks outperformed on higher crude prices. Santos said Pikka production will be intermittent during late-stage commissioning.
May 18, 2026
ANZ Shares Slip Again, And Tuesday’s RBA Signals May Decide What Comes Next
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ANZ Shares Slip Again, And Tuesday’s RBA Signals May Decide What Comes Next

ANZ closed Monday at A$35.06, down 0.43%, as the S&P/ASX 200 dropped 1.45% to a seven-week low amid oil and inflation concerns. ANZ’s standard variable home loan rate rose to 8.64% from May 15. The Reserve Bank of Australia holds its cash rate at 4.35%, with meeting minutes due Tuesday. Financials fell less than the broader market, but ANZ shares still declined.
May 18, 2026
Fortescue slides with ASX mining stocks ahead of Tuesday open
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Fortescue slides with ASX mining stocks ahead of Tuesday open

Fortescue Ltd shares dropped nearly 3% to A$21.95 on Monday amid a broad selloff in Australian miners, pulling the S&P/ASX 200 to a seven-week low. BHP and Rio Tinto also fell, down 2.8% and 3.6% respectively. Brent crude traded above $110 a barrel, while Singapore iron ore slipped 0.3%. Fortescue’s only new filing showed State Street Corporation holding 5.02% of its shares.
May 18, 2026
CSL shares fall under A$100 with market wary on turnaround
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CSL shares fall under A$100 with market wary on turnaround

CSL Ltd shares closed down 1.78% at A$96.22 on Monday, extending losses after last week’s profit downgrade and planned impairments. The stock is now nearly 20% below its May 11 level. CSL expects about $5 billion in additional non-cash, pre-tax impairments over FY26 and FY27. The company cited weaker U.S. and China sales, Middle East conflict, and increased competition as key pressures.
May 18, 2026
FTSE 100 climbs as major oil stocks lift London, midcaps lag
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FTSE 100 climbs as major oil stocks lift London, midcaps lag

London’s FTSE 100 closed up 1.3% at 10,323.8 on Monday, led by gains in Shell and BP as Brent crude rose on Iran war supply fears. The FTSE 250 slipped 0.07%. UK-focused stocks lagged amid inflation concerns and political uncertainty over Prime Minister Keir Starmer’s future. Homebuilders fell despite higher asking prices, while banks rose after changes to ring-fencing rules.
May 18, 2026
CBA Bounces, but Australia Bank Rout Leaves Traders Asking What’s Next
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CBA Bounces, but Australia Bank Rout Leaves Traders Asking What’s Next

Commonwealth Bank of Australia shares rose 0.84% to A$160.74 Monday, bucking a 1.45% drop in the S&P/ASX 200. The gain followed last week’s record 10.43% one-day fall after CBA raised loan-loss provisions by A$200 million. CBA also named Professor Mary-Anne Williams its first Chief AI Scientist. The broader market hit a seven-week low as energy was the only sector to advance.
May 18, 2026
Macquarie drops Monday as dividend looms, ASX losses widen
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Macquarie drops Monday as dividend looms, ASX losses widen

Macquarie Group shares closed down at A$236.55 on Monday, trading ex-dividend as the S&P/ASX 200 fell 1.45% to a seven-week low. The stock’s drop followed a record A$4.847 billion annual profit and a final dividend of A$4.20 a share, 35% franked. Commodities and Global Markets profit rose 49% to A$4.221 billion. JPMorgan last week raised its price target to A$265.
May 18, 2026
Aviva Stock Jumps as Direct Line Boost Gives FTSE Insurer Fresh Lift
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Aviva Stock Jumps as Direct Line Boost Gives FTSE Insurer Fresh Lift

Aviva shares rose 1.77% to 631.20 pence in late London trading Monday, outpacing the FTSE 100 after its Direct Line acquisition showed early gains. First-quarter general insurance premiums rose 19% to £3.4 billion, while retirement sales dropped to £1.1 billion from £1.8 billion. Legal & General shares edged up 0.15%. Analysts flagged risks from weaker retirement margins and market volatility.
May 18, 2026
Legal & General shares are barely moving — but takeover talk has the City watching
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Legal & General shares are barely moving — but takeover talk has the City watching

Legal & General Group shares rose 0.34% to 265.70p in late London trading Monday amid renewed takeover speculation, following a Financial Times report that private capital firms are circling the insurer. CEO António Simões denied any sale talks, saying he is focused on his strategy. Potential bidders reportedly see political and execution hurdles due to L&G’s size and large gilt holdings.
May 18, 2026
Imperial Brands Shares Gain 2.5% as Buyback Bets Offset Tobacco Slowdown
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Imperial Brands Shares Gain 2.5% as Buyback Bets Offset Tobacco Slowdown

Imperial Brands shares rose 2.52% to 2,888p in London trading Monday after last week’s half-year results. Reported operating profit fell 36.5% due to a Delaware settlement and strategy costs, but adjusted profit edged up 0.6%. Tobacco net revenue increased 1.5% on price hikes, while next-generation products grew 7.5%. The FTSE 100 was up 0.16% amid broader market caution.
May 18, 2026
IHG Trades Near Its Peak With Buybacks in Focus
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IHG Trades Near Its Peak With Buybacks in Focus

InterContinental Hotels Group shares rose 0.7% to $149.50 in London on Monday after a new buyback notice, keeping the stock near its recent highs. IHG said it bought and cancelled 46,540 shares on May 15, leaving 149.75 million in issue. First-quarter RevPAR rose 4.4% globally, but Middle East RevPAR fell 2% and dropped about 50% in April. The FTSE 100 edged higher; FTSE 250 slipped.
May 18, 2026
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Stock Market Today

  • Fortescue Ltd (ASX:FMG) Shares Considered for 2026 Value Amid Shifting Markets
    May 30, 2026, 4:06 AM EDT. Fortescue Ltd (ASX:FMG), a major iron ore producer and explorer, has seen its share price rise 0.77% in 2026. The company's core business yields a 52.4% gross margin on $18.2 billion in revenue, though revenues and profits have declined over three years with respective CAGRs of -6.5% and -18%. Fortescue's net debt stands at $497 million, indicating manageable leverage. The firm is expanding into copper, lithium, and rare earths across multiple countries to align with the growing demand from renewable energy and electric vehicle markets. These diversification efforts aim to offset the traditional iron ore sector headwinds, but recent financial trends suggest caution. Investors must weigh Fortescue's strategic growth into clean energy materials against its declining core segment performance when assessing FMG's value in 2026.