News 23 June 2026

Etihad Orders 10 Boeing Jets, Raising Talk of Hard-to-Get 787 Slots
·

Stock Market Today: Live Updates 10.07.2026

LIVEMarkets rolling coverageStarted: July 10, 2026, 4:00 AM EDTUpdated: July 10, 2026, 1:51 PM EDT UK Judge Says Most Carmakers Didn’t Use Cheat Devices in Diesel Cars July 10, 2026, 12:55 PM EDT. A UK High Court judge found that most big carmakers, including Mercedes-Benz, Renault, Nissan, Ford, and Peugeot-Citroën, didn’t use illegal emissions-cheating ‘defeat devices’ in diesel models dating back to 2009. The ruling comes after more than 1.6 million drivers accused them of misleading claims, but the judge dismissed most of the case after a 10-week trial. The court pointed to just one Mercedes car, with software stripped
July 10, 2026
Santos (ASX:STO) steadies at A$7.30 as Brent drop puts Pikka finances in focus
·

Santos up slightly after Pikka reaches quarter of goal, first oil still needs A$2.6 billion

Santos Ltd said output at its Pikka oil project is steady at around 20,000 gross barrels a day, or about a quarter of where the group wants it for the third quarter. Shares closed Tuesday up 0.14% at A$7.31. Santos’s share price didn’t move much, even though Pikka is big compared to its current production. The project could bring in 12.1 mmboe a year for Santos at full run, which is about 14% of the group’s 2025 forecast of 87.7 mmboe. Costs are expected below $8 for each barrel of oil equivalent. Mmboe stands for million barrels of oil equivalent, which combines oil and gas output.
June 23, 2026
Sigma Healthcare stock stays A$2.1 billion under pre-Boots level as trading volume picks up
·

Sigma Healthcare stock stays A$2.1 billion under pre-Boots level as trading volume picks up

Sigma Healthcare is set to start Wednesday trading with its market cap still about A$2.1 billion under where it stood on June 9, even after the company scrapped its short-lived bid for the UK’s Boots chain. Sigma shares finished Tuesday at A$2.74, down 0.7%. They traded at A$2.92 before news of the Boots talks. With 11.54 billion shares out, the drop puts the lost market value at about A$2.08 billion.
June 23, 2026
Northern Star Resources Buyback Could Leave A$35 Million Unused at Current Share Price
·

Northern Star Resources Buyback Could Leave A$35 Million Unused at Current Share Price

Northern Star Resources’ A$500 million share buyback would reach its stated share-count ceiling before the headline cash amount if the stock remains near Tuesday’s close, a calculation based on the gold miner’s latest filing shows. The shares finished at A$20.62, down 2.7%, valuing Northern Star at about A$29.4 billion. The ASX cash market was closed ahead of its normal 10 a.m. Sydney opening. Under the current notice, Northern Star had acquired 6,169,044 shares for A$125.78 million through June 19, leaving room for another 16,455,390 shares. Spending the remaining A$374.22 million within that limit would require an average purchase price of A$22.74 — 10.3% above Tuesday’s close. At a constant A$20.62, the remaining shares would cost about A$339.3 million, leaving roughly
June 23, 2026
Iluka Resources (ASX:ILU) Drops 11% After $1.65B Loan and Rare-Earths Deal
·

Iluka Resources (ASX:ILU) Drops 11% After $1.65B Loan and Rare-Earths Deal

Iluka Resources dropped 10.8% to A$7.25 on Tuesday. Shares had opened strong at A$8.48 and jumped as high as A$8.60 before sliding hard, finishing just off the session low of A$7.09. The move erased early gains after the miner announced its first rare-earths sales contract and said it will get a A$1.65 billion government loan. Iluka’s swing came after two announcements cleared up major uncertainty over the Eneabba refinery—funding's now in place and there's proof of demand from an end user. But the initial offtake deal only begins in 2028 and is set for 1,200 tonnes, about 10% of the expected output in its first four years.
June 23, 2026
Scentre Group Dips in Sydney as Investors Brace for CPI, Eye Rates
·

Scentre Group Dips in Sydney as Investors Brace for CPI, Eye Rates

Scentre Group shares closed 2 cents lower at A$3.83 on Tuesday, off 0.5%, after hitting A$3.88 earlier in the session. With the Australian market shut at press time, A$3.83 is the last price for the Westfield shopping centre owner. Property stocks watch bond yields, so the changes here are important. Higher rates also push up borrowing costs. The Reserve Bank of Australia left its cash rate steady at 4.35% last week, after raising it three times by 25 basis points in 2026. The central bank said inflation was still too high.
June 23, 2026
Woolworths hits 52-week high, but investors cautious
·

Woolworths hits 52-week high, but investors cautious

Woolworths Group Ltd is due to pick up from A$38.74 when Australia’s cash market opens for Wednesday’s trade, after adding 19 cents, or 0.49%, on Tuesday. Shares hit a new 52-week high at A$38.80. Woolworths is up 31.3% this year. Woolworths beat the market in a down session. The S&P/ASX 200 dropped 0.33%. Consumer staples rose 0.16% as investors moved to defensive stocks. Woolworths outpaced the index by about 0.8 percentage point.
June 23, 2026
Goodman Group (ASX:GMG) steady at A$31.55 ahead of CPI read
·

Goodman Group (ASX:GMG) steady at A$31.55 ahead of CPI read

Goodman Group finished flat at A$31.55 on Tuesday, while the S&P/ASX 200 slipped 0.33% to 8,787.00. Investors stayed put ahead of Australia inflation figures out later Wednesday. May’s consumer price index is due at 11:30 a.m. AEST. Annual CPI was 4.2% in April, with trimmed-mean inflation at 3.4%. If CPI comes in higher, that could keep borrowing costs up. That matters to property developers working on long-term projects.
June 23, 2026
QBE Insurance (ASX:QBE) trades close to 52-week high after €500 million capital move
··

QBE Insurance (ASX:QBE) trades close to 52-week high after €500 million capital move

QBE Insurance Group closed Tuesday at A$24.39, losing 0.2%. The stock finished 21 cents under its 52-week high after moving between A$24.21 and A$24.50 on 3.21 million shares. The S&P/ASX 200 dropped 0.33% to 8,787. QBE has pulled back a bit after jumping 23.8% since the start of 2026. The stock's strong run puts more focus on the June 30 half-year end, with first-half results set for Aug. 14.
June 23, 2026
Telstra (ASX:TLS) holds at A$5.12 even as ASX falls
·

Telstra (ASX:TLS) holds at A$5.12 even as ASX falls

Telstra Group finished up 1.6% at A$5.12, touching the session high on Tuesday. Around 15.9 million shares traded as the S&P/ASX 200 shed 0.33% to 8,787 points. Investors moved to defensive stocks, betting on steadier earnings and cash flow as the wider market softened. Telstra’s telecom revenue and dividend drew buyers while others dumped technology and mining names.
June 23, 2026
Mineral Resources Drops 6% as CEO Search Puts Spotlight on Darren Killeen
·

Mineral Resources Drops 6% as CEO Search Puts Spotlight on Darren Killeen

Mineral Resources Limited dropped again Tuesday, down 2.5% at A$64.95, bringing the loss for the past two sessions to 6.1%. The company put out a succession update that did not specify who will replace Managing Director Chris Ellison or when he will leave. Shares moved between A$64.00 and A$67.86. Why it matters now: Chair Malcolm Bundey listed governance reform, completion of Onslow Iron, and building a stronger balance sheet as top priorities in a presentation. The document was made for meetings this week with investors and proxy advisers, who advise shareholders how to vote.
June 23, 2026
Fortescue Drops 1.7% After Iron Ore Falls to Four-Month Low
·

Fortescue Drops 1.7% After Iron Ore Falls to Four-Month Low

Fortescue Ltd ended down 1.7% at A$19.27 on Tuesday, near its low for the session. Shares fell as weaker iron ore prices offset news of another move into low-emission shipping. The Australian market won’t trade until Wednesday. Iron ore is still the key for Fortescue’s earnings, cash and dividends, so the commodity move is crucial. First-half profit at the company climbed 23% as shipments and prices picked up, showing the core business moves fast when iron ore prices shift.
June 23, 2026
Brambles (ASX:BXB) Slips After A$152 Million Buyback; U.S. Repair Test Still Ahead
·

Brambles (ASX:BXB) Slips After A$152 Million Buyback; U.S. Repair Test Still Ahead

Brambles Ltd slipped 1.52% to A$18.85 at Tuesday’s close, trailing the S&P/ASX 200, which dropped 0.33%. The pallet-pooling firm’s share buybacks did little to move the dial as investors paid more attention to Brambles’ U.S. repair operations. The stock lagged the index by around 1.2 percentage points. Brambles bought 310,363 shares for A$5.94 million on Monday, it said Tuesday. That brings total purchases under the buyback to 8.49 million shares, with about A$152.4 million spent so far.
June 23, 2026
Xero Shares Sink to A$65 as Tech Rout Puts Its Growth Story on Trial
·

Xero Shares Sink to A$65 as Tech Rout Puts Its Growth Story on Trial

Xero Limited shares ended Tuesday at A$65.00, down 5.28% and at a fresh 52-week low, nearly 67% below their 52-week peak. The ASX cash market was closed early Wednesday, with pre-open due at 7 a.m. and normal trading beginning around 10 a.m. Sydney time. The stock has lost about 9.6% over Monday and Tuesday and 11.4% in seven days. The speed of the fall is testing whether Xero’s revenue gains can offset a market-wide decision to pay less for future software earnings.
June 23, 2026
Woodside Falls After Alcoa Gas Deal, Oil Prices Weigh
·

Woodside Falls After Alcoa Gas Deal, Oil Prices Weigh

Woodside Energy Group ended down 0.4% at A$28.65 on Tuesday, reversing after an early dip that saw the stock fall 1.5% to A$28.35, the lowest point since June 19, even as it announced a fresh domestic gas deal with Alcoa of Australia. ASX 200 drops as crude leads sentimentThe S&P/ASX 200 lost 0.33% to finish at 8,787. Moves in crude prices gave investors the main cue, as U.S.-Iran peace talk headlines pressured oil and other commodities.
June 23, 2026
Macquarie (ASX:MQG) edges higher as £300m Southern Water deal in view
·

Macquarie (ASX:MQG) edges higher as £300m Southern Water deal in view

Macquarie Group shares rose 0.68% to A$249.61 on Tuesday, while the S&P/ASX 200 slipped 0.33%. The stock hit A$252.97 during the session, closing 1.8% off its all-time high from June 18 at A$254.31. Southern Water picked up another £300 million in equity from a group led by Macquarie Asset Management and new backer Asterion Industrial Partners. Macquarie Asset Management senior managing director Martin Bradley said Asterion’s move in showed “growing confidence in Southern Water’s management team, its progress and its future plans.” Asterion CEO Jesús Olmos said it’s “primary capital to help fund a significant capex programme.” Capex refers to spending on assets that last a long time.
June 23, 2026
PLS Share Price Slides 11% in Three Sessions—Here’s What’s Driving the Selloff
···

PLS Share Price Slides 11% in Three Sessions—Here’s What’s Driving the Selloff

PLS Group shares fell 1.1% to A$5.47 on Tuesday, extending their three-session loss to 11.3%. The stock traded between A$5.36 and A$5.62, with 25.3 million shares changing hands. The retreat gathered pace after the lithium producer approved about A$175 million of spending before a final investment decision on its P2000 expansion at Pilgangoora. Pre-FID spending means committing money to engineering, equipment and early construction work before the board formally sanctions the full project.
June 23, 2026
Wesfarmers Shares Hold Up as ASX Drops; Valuation Looks Risky
·

Wesfarmers Shares Hold Up as ASX Drops; Valuation Looks Risky

Wesfarmers ended Tuesday up 0.34% at A$86.44, beating the S&P/ASX 200, which slipped 0.33%. Consumer-discretionary names rose 0.56%, with the sector leading gains even as most of the market traded lower. Wesfarmers shares are up about 8.1% from the June 9 close. The company didn’t release any new market announcement on Tuesday. Traders pointed to sector strength and follow-through buying after this month’s strategy briefing as reasons, not a new company update.
June 23, 2026
WiseTech (WTC.AX) drops 22% in two days, Richard White denial doesn’t stop selloff
·

WiseTech (WTC.AX) drops 22% in two days, Richard White denial doesn’t stop selloff

WiseTech Global finished down 4.4% at A$28.76 on Tuesday, dropping for a second straight session. Shares have now fallen 22% over the last two sessions as news of an Australian Federal Police probe into executive chair Richard White kept pressure on the stock. The stock closed at its lowest point in about five years. The stock opened up at A$30.69, bounced to A$31.65, then turned lower and closed at its session low. Trading was heavy, with around 6.26 million shares moving, almost three-and-a-half times the usual daily volume. Sellers stayed in after the stock’s 18.4% drop on Monday.
June 23, 2026
CSL Slides to A$112 in Early Trade as Rally Stalls
·

CSL Slides to A$112 in Early Trade as Rally Stalls

CSL Ltd slipped 0.7% to end at A$112.04 Tuesday. Shares hit A$115.80 during the session but closed just 35 cents above their low for the day. The S&P/ASX 200 dropped 0.3% to 8,787. CSL’s two-day slide wiped out A$4.28, a bit more than half of Friday’s A$8.24 jump. No new ASX filings have shown up on CSL’s investor site since June 9. That points to the fall coming from some caution on the early-stage turnaround, not fresh news from the company.
June 23, 2026
Aristocrat Leisure Shares Defy ASX Drop as A$2.5 Billion Buyback Returns to Focus
·

Aristocrat Leisure Shares Defy ASX Drop as A$2.5 Billion Buyback Returns to Focus

Aristocrat Leisure shares closed 0.7% higher at A$56.95 on Tuesday, extending their rebound even as the broader Australian market slipped. Turnover reached 3.35 million shares, almost twice the stock’s average volume of 1.77 million. The gaming technology group has gained 7.3% over seven days. It remains about 22% below its 12-month high, leaving investors to weigh the support from capital returns against the pace of earnings growth.
June 23, 2026
1 … 50 51 52 53 54 … 492