News 16 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 11, 2026, 3:20 AM EDT A2 Milk Down, Wesfarmers Up as Investors Eye 2026 Moves July 11, 2026, 3:19 AM EDT. The a2 Milk Company Ltd (ASX:A2M) is off 24.6% since the start of 2025, even with revenue ticking higher. A2M, which sells A2 protein dairy touted for easier digestion, outsources most output to Synlait Milk in New Zealand. Shares now trade at 4.15 times sales, above the five-year average of 3.44, so valuation remains rich after the drop. Wesfarmers Ltd (ASX:WES), owner of Bunnings and Kmart, is up 26.7%
July 10, 2026
ANZ Gains After RBA Keeps Rate Steady, Banks Climb
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ANZ Gains After RBA Keeps Rate Steady, Banks Climb

ANZ Group Holdings Limited closed up on Tuesday, adding A$0.30 to finish at A$34.81, a gain of 0.87%. Buyers picked up the stock in the afternoon after the Reserve Bank of Australia held rates steady. Market cap sat near A$104.9 billion, according to Intelligent Investor. The ASX 200 barely moved, ending up 0.04% at 8,917 after earlier losses. ANZ traded flat, with the stock responding mainly to rate moves instead of its latest results. The Reserve Bank of Australia left the cash rate unchanged at 4.35% after three raises this year. That's key for the banks. While bigger rates can help margins, they also lift funding costs and add strain for mortgage holders. The RBA said inflation hasn't come down
June 16, 2026
Northern Star Resources Gains with Gold Stocks; Elliott Moves Still Watched
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Northern Star Resources Gains with Gold Stocks; Elliott Moves Still Watched

Northern Star Resources Ltd rose Tuesday as buyers moved back into Australian gold stocks, while the broader market was mostly flat. Northern Star ended at A$21.30, up 2.45%. The stock traded from A$20.85 to A$21.46, according to Google Finance. The S&P/ASX 200 nudged up 0.04% to 8,917.7, but the local gold sub-index picked up 1.8%. Northern Star, Catalyst Metals, St Barbara, and Newmont all finished higher. Gold and sentiment drove the move. Gold miners usually track bullion higher since their revenues move with gold prices, but many costs don’t change as fast. According to Reuters, spot gold added 0.9% to US$4,346.09 an ounce on Tuesday. An interim U.S.-Iran peace deal pushed oil prices lower and took some pressure off Fed
June 16, 2026
Santos steady post-oil spike; Barossa, Pikka, July update next up
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Santos steady post-oil spike; Barossa, Pikka, July update next up

Sydney, June 16, 2026, 16:40. Santos Limited ended up on Tuesday, with shares up A$0.06 at A$7.45 for a 0.81% gain. That followed a tough session Monday when the oil and gas stock dropped from A$8.07 to A$7.39. Shares traded between A$7.37 and A$7.53 during the day. The S&P/ASX 200 ended Monday nearly flat at 8,917.70, leaving Santos under pressure.
June 16, 2026
Woodside bounces off lows, trading uneven after Exxon news and oil slide
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Woodside bounces off lows, trading uneven after Exxon news and oil slide

Woodside Energy Group Ltd rose Tuesday in Sydney, breaking its losing run but still under recent session highs. The stock closed at A$30.04, up 58 cents, or 1.97%. It opened at A$29.46 and traded between A$29.33 and A$30.08. The S&P/ASX 200 barely moved, finishing 0.04% higher at 8,917.70. Energy names outperformed, with the sector up 1.10%. Oil’s latest drop weighed on the sector, including Woodside. Brent crude lost about 5% to settle at US$78.92 a barrel Tuesday—its weakest in three months, Reuters reported—as talk swirled over a potential U.S.-Iran agreement that might boost shipments through the Strait of Hormuz. That hurts Woodside, since oil and LNG producers trade off expected prices for these commodities. LNG contracts, often tied to oil
June 16, 2026
CSL Rises as ASX Warns on Impairment, Eyes Bounce
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CSL Rises as ASX Warns on Impairment, Eyes Bounce

CSL Limited was last at A$106.25, up A$0.72 or 0.68% late Tuesday, trading between A$104.74 and A$106.70. Shares have bounced 15.19% from the June 3 low, but the stock is still 60.94% below its 52-week high at A$272.00. Traders described the session as tentative rebound buying, not a real change in sentiment. ASX stocks hardly moved, with a few names ticking up. The S&P/ASX 200 ended higher by just 3.7 points at 8,917.70 after the Reserve Bank of Australia left rates steady at 4.35%. CSL could benefit if the index keeps firm and money shifts to large caps. Still, there are questions hanging over earnings, assets, and management's decisions.
June 16, 2026
Westpac shares up after RBA holds rates; investors still question value
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Westpac shares up after RBA holds rates; investors still question value

Westpac Banking Corporation rose on Tuesday as buyers moved back into the big Australian banks after the Reserve Bank of Australia held rates steady. Shares last traded at A$35.75, up 43 cents or 1.22%. The broader S&P/ASX 200 was little changed at 8,917.70, up just 0.04%. Trading stayed choppy, but financial stocks gained with investors seeing the RBA’s pause as short-term relief for banks and mortgage borrowers. Westpac is exposed to rate decisions since banks feel swings in the cash rate in their loans, deposits and credit levels. The RBA kept the cash rate at 4.35% after three hikes earlier this year, warning inflation is still high and rates may need to rise again. Higher rates can help net interest
June 16, 2026
FTSE 100 Up; Banks and Defence Names Lead in London
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FTSE 100 Up; Banks and Defence Names Lead in London

FTSE 100 climbs, smaller stocks fade as large caps pull index up The FTSE 100 closed 63.59 points, or 0.61%, higher at 10,494.21 on Tuesday, as blue-chip stocks led most of the gains. The FTSE 250 fell 36.04 points, or 0.15%, to 23,326.58, with smaller firms falling behind. Most of the strength stayed with the big international names. Oil slipped after the U.S. and Iran agreed to a preliminary peace deal to end fighting and reopen the Strait of Hormuz, a key route for oil exports. Lower oil prices lifted sentiment as inflation and cost worries receded, but energy stocks took a hit. Reuters reported that financial and industrial shares drove the FTSE 100 higher, with banks up and aerospace
June 16, 2026
ASX 200 closes flat after RBA rate pause as banks and energy offset tech losses
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ASX 200 closes flat after RBA rate pause as banks and energy offset tech losses

Australian shares finished almost unchanged on Tuesday, with the S&P/ASX 200 clawing back early weakness after the Reserve Bank of Australia kept interest rates on hold. The benchmark index, which S&P Dow Jones Indices describes as Australia’s main institutional investable benchmark for the 200 largest eligible ASX-listed stocks by float-adjusted market capitalisation, closed at 8,917.7, up just 0.04%. “Float-adjusted” means the index gives weight to shares available for public trading, rather than all shares on issue. The rate decision mattered because the cash rate is the RBA’s key short-term interest rate, and changes in it flow through to mortgages, business borrowing costs, bond yields and equity valuations. The RBA held the target at 4.35% after three increases earlier this year,
June 16, 2026
Goodman Group Trades Higher in Sydney After 15c Distribution News, Market Watches Data Centre Strategy
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Goodman Group Trades Higher in Sydney After 15c Distribution News, Market Watches Data Centre Strategy

Goodman Group shares moved up a bit Tuesday after the company put out its June distribution timetable. The stock ticked higher, managing to shift while the rest of the Australian market barely budged. The ASX 200 closed up 0.04% as the Reserve Bank of Australia kept rates steady. Property stocks get pressured by higher rates since debt costs go up and future rental cashflows are worth less, so the RBA’s pause offered a break. Goodman said in its newest ASX update it will pay a A$0.15 distribution per security, fully unfranked and offering no franking credits. On an annualized basis, that's A$0.30—giving a yield of less than 1% at the current share price. The stock still trades as a growth
June 16, 2026
Commonwealth Bank Tracks Higher Following RBA Hold, Valuations Still in Focus
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Commonwealth Bank Tracks Higher Following RBA Hold, Valuations Still in Focus

CBA barely moved Tuesday, adding less than a tenth of a percent after the Reserve Bank of Australia kept rates steady. Commonwealth Bank of Australia settled at A$161.88, up 0.06%. The S&P/ASX 200 ticked up 3.7 points to end at 8,917.70 after dipping earlier. Bank shares picked up 0.6% as a group. CBA lagged the sector, with the market still wary of the country’s biggest bank. CBA shares didn’t see much reaction after the RBA held the cash rate steady at 4.35%, holding off on new tightening. That took some heat off the banks, but the outlook stayed uncertain. RBA governor Michele Bullock said, “If we need to increase again, we will,” with inflation still proving stubborn. For CBA, higher
June 16, 2026
PLS Group Slips as Bell Potter Says Lithium Rally Priced In
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PLS Group Slips as Bell Potter Says Lithium Rally Priced In

PLS Group Ltd ended 4.48% lower at A$6.19 on Tuesday as the ASX moved higher. There was no fresh company news, but lithium stocks pulled back after recent gains. Shares traded from A$6.13 to A$6.40 and closed down 29 cents. Figures from Google Finance, checked at 4:11 p.m. Sydney. Bell Potter has kept its Hold on PLS, but raised the price target to A$6.15 from A$5.50, according to The Bull’s market wrap. The new target is still a shade below PLS's last close. That signals much of the expected benefit from better lithium prices, cash flow and the Ngungaju restart might already be in the stock.
June 16, 2026
BHP trades close to year high, India steel hopes offset China drag
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BHP trades close to year high, India steel hopes offset China drag

BHP Group Ltd barely budged in the latest session, with shares closing at A$65.19, up 0.02%. The miner traded in a tight range between A$64.88 and A$65.50, sticking close to its 52-week high after a strong climb. The S&P/ASX 200 was flat as well, ending up just 0.04% at 8,917.70. Investors weighed the RBA decision to leave rates on hold, with the central bank warning more tightening is not off the table. BHP’s main boost isn’t coming from its own news, but from steel demand. On Tuesday, Reuters said Australian iron ore miners are looking at India and Southeast Asia for future growth, as China’s demand fades. India, already the No. 2 steel producer globally, wants to take output up
June 16, 2026
Whitbread Ticks Higher Ahead of Premier Inn Update, Market Eyes RevPAR and Costs
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Whitbread Ticks Higher Ahead of Premier Inn Update, Market Eyes RevPAR and Costs

Whitbread PLC pushed higher on Tuesday. Shares last changed hands at 2,413p, up 1.00% at 16:04 London time based on Davy figures. Hargreaves Lansdown quoted the shares 28p or 1.17% higher. The FTSE 100 moved up too. The company didn’t issue any new statements. Traders linked the gain to positioning ahead of an update due this week, along with help from the stronger overall market. Whitbread posts its Q1 FY27 trading update on Thursday, June 18, at 8am BST, with the AGM set for 2:30pm that day. Market focus is on Premier Inn UK RevPAR, as investors watch for signs that demand for budget hotels is bouncing back. UK cost breakdown, business rates, F&B changes, and Germany are also expected
June 16, 2026
B&M Shares Slip as Brokerage Cut Moves Spotlight to July Trading Update
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B&M Shares Slip as Brokerage Cut Moves Spotlight to July Trading Update

B&M European Value Retail shares dropped for a second day on Tuesday after a new broker downgrade and some early signs the company’s turnaround is starting to stick. Hargreaves Lansdown’s delayed quotes put the shares at 187.70p to sell and 187.90p to buy, down 4.20p, or 2.19%. The FTSE 250 index was flat. AJ Bell quoted 187.70p/188.00p, with a last close at 192.00p and trading volume just below 6 million shares. B&M shares came under fresh pressure after Shore Capital cut its rating to hold from buy. The broker hasn’t walked away from its turnaround argument, saying B&M is still making moves on availability, price, and range, and sees France as a growth lever. Timing is the issue. UK like-for-likes
June 16, 2026
Centrica stays flat late in London after earlier drop
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Centrica stays flat late in London after earlier drop

London, June 16, 2026, 16:06 BST. Centrica plc traded flat in London on Tuesday, with the shares last at 181.50p to sell and 181.65p to buy, adding just 0.05p, or 0.03%, as of 15:48 BST. Monday, the stock lost 2.29% to near £1.82, underperforming the FTSE 100, which was down 0.39%. Centrica is trading 17.59% under its April 7 peak of £2.20.
June 16, 2026
Investec slips as market tracks FY2027 spending plans
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Investec slips as market tracks FY2027 spending plans

Investec plc fell on Tuesday, moving behind the FTSE 250. Some traders cashed out following a strong run. The stock was down 1.17% at 633.5p, with 2.37 million shares traded as of 15:47 BST, Investors Chronicle reported late. Hargreaves Lansdown showed the FTSE 250 off by 0.08%. Investec has rallied from 618p on June 9 to a peak of 641p by June 15. There wasn’t any major earnings news out; Tuesday’s drop looked like profit-taking. Investec shares rose after the Extel 2026 UK Small & Mid-Cap Brokers Rankings out Tuesday put the firm at No. 1 for a fourth straight year. Analyst Julian Yates kept his spot as overall No. 1 for a third year. “High-quality and differentiated research continues
June 16, 2026
Legal & General trades up on £1.2bn buyback; investors watch dividend
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Legal & General trades up on £1.2bn buyback; investors watch dividend

Legal & General Group Plc inched higher in London, changing hands at 282.00p to sell and 282.20p to buy. The shares added 0.60p, or 0.21%, on Hargreaves Lansdown. The stock moved with UK blue chips, as the FTSE 100 rose about 0.59%. Reuters reported financial names helped drive gains after a drop in oil prices boosted risk appetite. Legal & General is keeping its profit guidance in place, but said it will buy back shares. A filing on June 15 showed it bought 3,821,565 ordinary shares through Barclays Capital Securities between June 8 and June 11. These shares will be cancelled, so the overall share count drops. That could help per-share numbers if profits don’t change. After the buyback and
June 16, 2026
Prudential Stock Rises as FTSE Rebound and Buyback Support Asia Insurer
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Prudential Stock Rises as FTSE Rebound and Buyback Support Asia Insurer

Prudential plc shares moved higher in London on Tuesday, helped by a broader rebound in UK financial stocks and renewed attention on the insurer’s ongoing capital returns. Hargreaves Lansdown showed Prudential at 1,016.5p/1,017.5p, up 11p, or 1.09%, with the FTSE 100 up 0.74% on delayed pricing. The stock opened at 1,003.5p after closing Monday at 1,006p, and HL listed Prudential’s market value at £25.41 billion. The day’s rise was not driven by a fresh trading update from Prudential. It came as London’s blue-chip index advanced, with Reuters reporting that the FTSE 100 was up 0.6% to 10,490.35 points by 11:00 GMT, led by financials and industrials as lower oil prices improved risk appetite. For Prudential, which is listed in London
June 16, 2026
easyJet Stays Close to 500p as Castlelake Bid Deadline Approaches, Fuel Costs in Focus
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easyJet Stays Close to 500p as Castlelake Bid Deadline Approaches, Fuel Costs in Focus

easyJet plc edged down in London, hovering just above 500p as traders balanced ongoing bid rumors with questions about summer demand. The latest Hargreaves Lansdown quote had easyJet off 0.70p, or 0.14%, giving the group a market cap around £3.73 billion and a P/E of 7.53. That figure puts easyJet’s valuation below many peers, but some investors remain cautious on the airline's profit outlook. Shares underperformed the FTSE 250, which inched up 0.08%. The company’s latest action is still all about the ongoing takeover and not new trading updates. Two new Rule 8.3 disclosures from Barclays and M&G landed on Tuesday. Investors with more than 1% must file those under the U.K. Takeover Code during a bid. The share price
June 16, 2026
Haleon slips after Redburn downgrade with eyes on U.S. and July earnings
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Haleon slips after Redburn downgrade with eyes on U.S. and July earnings

Haleon PLC shares dropped Tuesday, slipping to the lower ranks of the FTSE 100 after Rothschild & Co Redburn cut its rating and price target. The stock was at 331.7p/331.9p, down 3.30p or 0.98%, according to Hargreaves Lansdown. The FTSE 100 was up 0.71%. MarketScreener showed Haleon around 332.5p on Cboe Europe, off 0.78%. The fresh downgrade is adding to investor concern over Haleon’s sales growth prospects. Haleon shares fell, though the company is still buying back its own stock. On June 15, Haleon said it repurchased 565,285 ordinary shares for cancellation at a volume-weighted average of 331.9552p, bringing voting ordinary shares down to 8.83 billion after the trade settles. Buybacks like this shrink the share count and may lift
June 16, 2026
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