Finance 17 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, 5:02 AM EDT Analysts Expect Further Growth for Rolls-Royce Shares Despite Recent Plateau May 30, 2026, 4:51 AM EDT. Rolls-Royce Holdings shares have surged over 1,100% in five years, with analysts raising their target price to 1,413p, indicating nearly 10% upside potential. While share price momentum drove gains early on, analysts now see investment based more on valuation, with a 2026 price-to-earnings ratio forecast of 35 potentially easing to 25 by 2028. CEO Tufan Erginbilgiç highlights the company’s diversified business, strong cash position, and operational efficiency, reinforcing confidence
May 30, 2026
ANZ Shares Face a Big Monday Test After a Rough Week for Australia’s Banks
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ANZ Shares Face a Big Monday Test After a Rough Week for Australia’s Banks

ANZ Group Holdings shares closed at A$35.21 on Friday, recovering 1.06% but still down 4.3% for the week. The stock and other major Australian banks fell sharply after new tax rules and Middle East-related risks hit sentiment. ANZ reported a first-half cash profit of A$3.78 billion, up 14% from the prior half. The Reserve Bank of Australia raised rates to 4.35% on May 5.
May 17, 2026
Fortescue Shares Face Test After A$150 Million Court Loss
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Fortescue Shares Face Test After A$150 Million Court Loss

Fortescue shares closed Friday at A$22.60, down 1.7% for the day but up 6.3% for the week, as traders weigh a Federal Court order to pay the Yindjibarndi Ngurra Aboriginal Corporation A$150 million for cultural loss. The S&P/ASX 200 fell 0.12% Friday, with major miners also dropping. Fortescue shipped 48.4 million tonnes of iron ore in Q3 and maintained full-year guidance.
May 17, 2026
Evolution Mining Drops 5%, Gold Eyed for Monday Move
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Evolution Mining Drops 5%, Gold Eyed for Monday Move

Evolution Mining closed at A$12.50 Friday, down 5.52%, as metals sold off and Australian gold miners slumped. Spot gold dropped 2% to $4,557.61 an ounce, while U.S. gold futures fell 2.7%. Evolution reported March-quarter output of 170,000 ounces of gold, A$406 million in cash flow, and A$1.37 billion in cash holdings. The ASX materials sector fell 2.85% Friday; normal trading resumes at 10 a.m. Sydney time.
May 17, 2026
Westpac Shares in Focus After Bank Drop With RBA Minutes Up Next
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Westpac Shares in Focus After Bank Drop With RBA Minutes Up Next

Westpac closed at A$35.84 on May 15, up 0.3% for the day but down 4.3% from the prior week, as Australian bank stocks reeled from housing-tax proposals and higher credit provisions. The S&P/ASX 200 financials index fell 4.3% for the week, its worst run in over six months. Commonwealth Bank dropped 10.4% on Wednesday, its largest one-day fall on record. Westpac reported a first-half net profit of A$3.4 billion, up 3% year-on-year.
May 17, 2026
NAB Stock Heads Into Big Week as Investors Watch for RBA Minutes
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NAB Stock Heads Into Big Week as Investors Watch for RBA Minutes

National Australia Bank shares closed at A$36.52 Friday, up 0.27% but down 4.8% for the week amid a sector selloff. NAB announced the acquisition of payments platform Banked to expand account-to-account payment options. The bank reported half-year cash earnings of A$3.56 billion and declared an 85-cent interim dividend. The S&P/ASX 200 index slipped 0.1% Friday, ending the week down 1.3%.
May 17, 2026
CBA’s Record Drop Sets Up Key Week for Bulls
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CBA’s Record Drop Sets Up Key Week for Bulls

Commonwealth Bank of Australia shares ended the week down 9.4%, after a record 10.4% drop Wednesday following a trading update and federal budget changes affecting property investor tax breaks. CBA reported unaudited March quarter cash net profit after tax of about A$2.7 billion, up 4% year-on-year. The S&P/ASX 200 slipped 1.3% for the week. Investors remain focused on credit risks and valuation.
May 17, 2026
American Outdoor Brands Shares Drop Going Into Key Week Following Friday’s Decline
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American Outdoor Brands Shares Drop Going Into Key Week Following Friday’s Decline

American Outdoor Brands Inc. shares fell 5.1% to $8.71 Friday, ending the week down 7%. The Russell 2000 dropped 2.4% as small caps faced heavier selling amid inflation concerns. No new company news was released; the latest SEC filing showed Brandes Investment Partners holding 19.3%. Fiscal Q3 net sales declined 3.3% to $56.6 million, with a net loss of $4.1 million.
May 17, 2026
Forefront Tech $10 SPAC stays flat as deadline countdown begins
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Forefront Tech $10 SPAC stays flat as deadline countdown begins

Forefront Tech Holdings Acquisition Corp’s units closed at $9.96 on Nasdaq Friday, just below their $10 IPO price, with 1,304 units traded. The SPAC holds $100.3 million in trust and has yet to announce an acquisition target. Nasdaq will reopen Monday after the weekend. SPACs made up 69% of U.S. IPOs in the first quarter, according to FTI Consulting.
May 17, 2026
Oaktree SPAC draws trader attention after 5% filing
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Oaktree SPAC draws trader attention after 5% filing

Oaktree Acquisition Corp. III Life Sciences’ Class A shares closed unchanged at $10.64 on Friday, with only 10 shares traded. Fort Baker Capital Management disclosed a 5.1% stake, days after the SPAC reported no merger target and an Oct. 25 deadline. First-quarter net income fell to $1.39 million as trust interest declined. Cash held in trust totaled $203.4 million at March 31.
May 17, 2026
Pegasystems Shares Approach 2026 Lows Ahead of Monday AI Cloud Event
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Pegasystems Shares Approach 2026 Lows Ahead of Monday AI Cloud Event

Pegasystems shares closed at $33.71 Friday after a five-day slide, down 43.55% year-to-date, despite a 0.96% gain that day. First-quarter revenue fell 10% to $429.97 million, while GAAP net income dropped 62%. CEO Alan Trefler and CFO Ken Stillwell will present at J.P. Morgan’s tech conference Monday. Twelve analysts maintain a “Buy” consensus with an average price target of $60.13.
May 17, 2026
Silver Rules Tighten in India After Volatile Trading on Gold-Duty Moves
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Silver Rules Tighten in India After Volatile Trading on Gold-Duty Moves

India restricted imports of silver bars and semi-manufactured silver effective immediately, requiring tighter approvals after a surge in imports and volatility in domestic prices. The move follows a tariff hike that raised duties on gold and silver to 15%. Silver imports hit a record $12 billion last year, with April imports up 157% from a year earlier. Retail silver prices in major cities ranged from 280,000 to 290,000 rupees per kilogram on Sunday.
May 17, 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
Antofagasta stock caught in copper price swings as investors weigh next steps
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Antofagasta stock caught in copper price swings as investors weigh next steps

Antofagasta plc shares plunged 10.71% to 3,810p in London on Friday as the FTSE 100 posted its steepest drop in over eight weeks, closing down 1.7%. The miner’s stock had surged midweek on copper’s rally but ended the week 2.2% lower than last Friday. Copper futures hit $14,191 a tonne Wednesday before losing momentum. UK markets faced pressure from political risks, inflation concerns, and falling sterling.
May 17, 2026
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Stock Market Today

  • Analysts Expect Further Growth for Rolls-Royce Shares Despite Recent Plateau
    May 30, 2026, 4:51 AM EDT. Rolls-Royce Holdings shares have surged over 1,100% in five years, with analysts raising their target price to 1,413p, indicating nearly 10% upside potential. While share price momentum drove gains early on, analysts now see investment based more on valuation, with a 2026 price-to-earnings ratio forecast of 35 potentially easing to 25 by 2028. CEO Tufan Erginbilgiç highlights the company's diversified business, strong cash position, and operational efficiency, reinforcing confidence in hitting its 2026 guidance of £4.0bn-£4.2bn operating profit and £3.6bn-£3.8bn free cash flow. Analysts remain optimistic due to anticipated growth from both Rolls-Royce's core aero engine segment and emerging business areas, supporting further share price appreciation amid ongoing market uncertainties.