News 24 June 2026

Etihad Orders 10 Boeing Jets, Raising Talk of Hard-to-Get 787 Slots
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Stock Market Today: Live Updates 10.07.2026

LIVEMarkets rolling coverageStarted: July 10, 2026, 4:00 AM EDTUpdated: July 10, 2026, 11:39 AM EDT Shore Capital Tells Clients to Buy Pan African Resources After Steep Drop July 10, 2026, 11:35 AM EDT. Shore Capital is telling clients to buy Pan African Resources PLC after the shares tumbled. The broker calls it a golden opportunity in gold mining, saying the valuation now looks appealing. Pan African trades on the London Stock Exchange (LSE:PAF), OTCQX (OTCQX:PAFRY), and Johannesburg Stock Exchange (JSE:PAN). Shore Capital says it sees a rebound ahead for investors who want exposure to gold after the latest swings. Broker
July 10, 2026
Liontown climbs as VanEck stake dips under 5%
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Liontown climbs as VanEck stake dips under 5%

Liontown Ltd ended the day at A$1.90, moving in a A$1.78 to A$1.91 range. Volume hit 48.2 million shares, well over twice its typical level. The S&P/ASX 200 put on 0.24%. Van Eck Associates Corp is no longer a substantial holder as of June 19. The company defined a substantial holder as anyone with 5% or more of the voting rights in a listed firm. Van Eck’s REMX fund sold 26.9 million shares for A$53.3 million, and UCTREMX offloaded 13.6 million shares for A$27.0 million, according to the filing. The filing didn’t include what VanEck’s current stake is.
June 24, 2026
Lynas Rare Earths jumps 4% as Malaysia asks for EIA revision
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Lynas Rare Earths jumps 4% as Malaysia asks for EIA revision

Lynas Rare Earths is set to file an updated environmental impact assessment for its expansion project in Gebeng, Pahang, after Malaysia’s Department of Environment asked for revisions based on a technical review. The EIA weighs possible environmental effects before a project gets approved. The report first came out on April 3 and was up for public review April 10 through May 9. Feedback stayed open until May 24. The regulator hasn’t said in public why it wants changes.
June 24, 2026
ASX Limited holds flat before July CHESS penalty court date
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ASX Limited holds flat before July CHESS penalty court date

ASX Limited shares were set to resume trading Thursday, after ending almost unchanged in busy trade. The market is watching a July 1 Federal Court hearing on ASX’s settlement with Australia’s corporate regulator. The stock closed at A$51.28 on Wednesday, gaining 4 cents. Nearly 1.87 million shares changed hands, close to triple its 12-month daily average of 652,564. The S&P/ASX 200 advanced 0.24%.
June 24, 2026
Xero up 8% after Citi supports UK price hike
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Xero up 8% after Citi supports UK price hike

Xero traded up A$5.31 at A$70.31 on Wednesday, leading a rebound in Australian tech stocks. The tech sector advanced 5.2%. WiseTech Global jumped 14.3%. Xero bounced back, recouping much of the 9.6% slide from the past two sessions. Shares dropped from A$71.88 on Friday to A$65 by Tuesday.
June 24, 2026
CAR Group edges up 1% after back-to-back falls, Australia rate outlook in focus
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CAR Group edges up 1% after back-to-back falls, Australia rate outlook in focus

CAR Group shares picked up 1% to A$26.19 on Wednesday, taking back some ground after falling 6.5% across the previous two sessions. Shares in the online vehicle marketplace moved between A$25.75 and A$26.48. ASX cash market closed ahead of Thursday trade at 06:05 AEST. Orders can be entered from 07:00. Regular trading is set to start around 10:00 in Sydney.
June 24, 2026
Qantas: A380 wing checks to go ahead with flights unaffected
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Qantas: A380 wing checks to go ahead with flights unaffected

Qantas Airways said one of its Airbus A380 jets will get extra wing checks after an emergency safety order from Europe, but the airline doesn't expect any impact on its flight schedule. “There is no impact to Qantas flights as a result of the airworthiness directive,” a spokesperson said. EU regulators say cracks spotted in earlier inspections might hurt the wing’s strength. The wing spar, a key load-bearing beam, is inside the wing. The new directive, active as of Wednesday, applies to 16 aircraft.
June 24, 2026
Northern Star buyback hits A$128.9 million, gold slips under $4,000
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Northern Star buyback hits A$128.9 million, gold slips under $4,000

Northern Star Resources’ on-market buyback is now at A$128.9 million. The miner picked up another 149,444 shares at A$20.54 to A$20.89, according to its latest ASX filing. The company spent A$3.09 million on the June 23 trade. The company has picked up 6.32 million shares so far, leaving room to buy another 16.31 million before hitting its 22.62 million share limit. The buyback is capped at A$500 million and is set to run through April 22, 2027.
June 24, 2026
QBE Insurance stock climbs to almost 16-year peak in continued 2026 rally
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QBE Insurance stock climbs to almost 16-year peak in continued 2026 rally

The Australian cash market stayed shut at the dateline. Thursday’s schedule has the pre-open phase from 7 a.m., with regular trading set to start just before 10 a.m. in Sydney. QBE Insurance Group is trading close to a 16-year high after tacking on 17 Australian cents Wednesday. Shares peaked at A$24.68 before settling at A$24.56. The S&P/ASX 200 ended up 0.24%.
June 24, 2026
Gold slips under US$4,000, Evolution Mining shares weighed
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Gold slips under US$4,000, Evolution Mining shares weighed

Evolution Mining Ltd faces Thursday’s ASX open after two losses in a row, wiping 4.7% off its price since Monday’s close. Shares remain 59.4% higher so far this financial year. ASX will open for regular trading on June 25. The opening auction gets underway at 9:59 a.m. Sydney time, and continuous trading kicks in at about 10 a.m.
June 24, 2026
Pro Medicus up 3.5% on heavy trade after dropping out of ASX 50
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Pro Medicus up 3.5% on heavy trade after dropping out of ASX 50

Pro Medicus Ltd is trading Thursday after the medical-imaging software firm gained A$6.06 in the previous session. Normal ASX trade is set to open shortly before 10 a.m. in Sydney. Tech stocks bounced back following an 8% drop over the last two sessions. Healthcare names traded higher too. Pro Medicus posted no fresh price-sensitive news on Wednesday. Its last filing is still the June 5 index rebalance notice.
June 24, 2026
PLS Group climbs after backing new digital lithium spot platform
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PLS Group climbs after backing new digital lithium spot platform

PLS Group Limited picked up 3.5% on Wednesday, closing at A$5.66. Shares moved between A$5.29 and A$5.70 for the day. The stock is still down 8.6% over seven days. The lithium producer put out a conference presentation after Tuesday’s close. PLS highlighted supply reliability as the main issue facing the lithium market, according to Henderson’s June 23 keynote. While the company said demand from electric vehicles and battery storage was getting stronger, PLS said it’s still not clear how new supply will get to buyers.
June 24, 2026
Woolworths shares hit 52-week high as five-day rally tests broker targets
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Woolworths shares hit 52-week high as five-day rally tests broker targets

Woolworths Group Ltd shares climbed 1.6% on Wednesday to A$39.37, one cent below the session high, while rival Coles Group fell 0.4% to A$23.77. Woolworths volume was 3.13 million shares, against an average of 2.36 million. The ASX cash market was closed at the dateline. Normal trading is due to start just before 10 a.m. Sydney time, and June 25 is a regular trading day.
June 24, 2026
Goodman Group gains 0.9% with core inflation still a risk for rates
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Goodman Group gains 0.9% with core inflation still a risk for rates

Goodman Group ended Wednesday up 0.9% at A$31.83. That outpaced the S&P/ASX 200’s 0.24% lift. NEXTDC, which runs data centres, added 2.6%. Australian CPI for May showed headline consumer prices up 4.0% on the year, easing from 4.2% in April. The trimmed mean moved higher, up to 3.6% from 3.4%. That gauge excludes the biggest price jumps or drops and is watched for underlying trends.
June 24, 2026
Cochlear keeps rallying; FY26 outlook still in question
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Cochlear keeps rallying; FY26 outlook still in question

Cochlear traded up on Wednesday, staying above A$113. The stock stretched its rebound to a seventh session after April’s earnings cut from the hearing-implant company. The stock finished the session at A$113.45, climbing 67 cents after moving between A$112.63 and A$115.13. Turnover hit 1.13 million shares, well above the recent daily average near 602,000. CSL added 2.63% and Pro Medicus rose 3.50% in Australian healthcare.
June 24, 2026
Fortescue’s China chief leaves after four months, iron ore talks remain tense
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Fortescue’s China chief leaves after four months, iron ore talks remain tense

Fortescue Ltd said Liu Qing, who was serving as its China president, is no longer with the company after just four months in the post. The Australian miner confirmed Liu's exit in an email to Reuters. The company didn't give a reason for his departure. Attempts to contact Liu were unsuccessful. Fortescue brought in Liu, ex-Boeing China president, in February to handle its external affairs and manage ties with Chinese agencies, clients, and industry groups. The company isn’t planning to fill the role again, reports say.
June 24, 2026
Telstra shares slip; KPMG fallout puts failed audit bid back in view
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Telstra shares slip; KPMG fallout puts failed audit bid back in view

Telstra Group shares ended Wednesday 0.2% lower at A$5.11, while the S&P/ASX 200 rose 0.24% to 8,808.4. The ASX cash market had not opened for Thursday trade at the dateline and was due to start normal trading at about 10 a.m. Sydney time. KPMG Australia said on June 23 that Chairman Martin Sheppard and audit partners Paul Rogers and Eileen Hoggett would leave as the firm dealt with allegations that staff misused confidential client information to pursue audit work. “The decisions announced today are necessary and immediate,” interim CEO Stan Stavros said.
June 24, 2026
Macquarie Group says it holds 5.12% stake in Tabcorp
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Macquarie Group says it holds 5.12% stake in Tabcorp

Macquarie Group entities said Wednesday they now hold a substantial stake in Tabcorp Holdings. The firms reported a relevant interest in 117,296,116 shares, equal to 5.12% of voting power. Tabcorp has a rule capping individual voting power at 10%. The filing doesn’t just show a Macquarie-owned position. In Australia, a relevant interest means having the power to vote or get rid of shares and can include managed accounts or borrowed stock. Macquarie Investment Management Global was shown as investment manager for 59.3 million shares. Macquarie Investment Management Australia had 39.6 million as trustee. Macquarie Bank held 15.4 million shares through stock-borrowing and lending deals.
June 24, 2026
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