News 12 June 2026

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

Stock Market Today: Live Updates 11.07.2026

LIVEMarkets rolling coverageStarted: July 11, 2026, 4:00 AM EDTUpdated: July 11, 2026, 8:54 AM EDT SpaceX stock slumps 13% in a week as investors eye tech costs, bond plan July 11, 2026, 7:56 AM EDT. SpaceX shares slid almost 13% this week, changing hands near $145 after hitting $211 just after the IPO. The company’s market cap shrank from around $3 trillion to under $2 trillion. Investors are on edge about heavy AI spending and the expensive Starship program, plus a $25 billion bond deal that shook sentiment. Upcoming IPO lockup expirations could mean more selling. Rate hike worries and
July 11, 2026
Zip Co Shares Gain 9% After Buyback Ahead of FY26 Profit Target
·

Zip Co Shares Gain 9% After Buyback Ahead of FY26 Profit Target

Sydney, June 13, 2026, 07:02 AEST. Zip Co Ltd jumped 9.47% to close at A$2.66 in the latest session, MarketScreener data showed. The S&P/ASX 200 added 170.8 points, or 1.98%, to end the day at 8,804, with the All Ordinaries up 1.92% to 9,006.1. Zip shares surged, but even with Friday’s rally, the stock stayed down 19.15% so far in 2026.
June 12, 2026
Coles Group Stays Close to Year’s Peak as ASX Surge Lifts Shares
·

Coles Group Stays Close to Year’s Peak as ASX Surge Lifts Shares

Coles Group Ltd shares ended Friday little changed after a sharp rally earlier this week. The supermarket operator’s investor page had ASX:COL at A$24.01 at 4:00pm AEST, down A$0.09, or 0.4%. The stock is still up more than 10% from its close seven days ago, according to market data, and sits just under Google Finance’s 52-week high of A$24.28. Coles is starting to trade less like a traditional grocer and more like a defensive play. Consumer staples stocks led the ASX rebound on Wednesday, with the sector's sub-index jumping 3.9%. Coles gained roughly 5%, Reuters reported, as published by Business Recorder. Investors appear ready to pay up for steady earnings while the wider market stays volatile.
June 12, 2026
Sigma Healthcare Drops in Sydney After Boots Bid Reports Cloud Chemist Warehouse Deal
·

Sigma Healthcare Drops in Sydney After Boots Bid Reports Cloud Chemist Warehouse Deal

Sigma Healthcare Ltd shares slipped this week, with the stock closing at A$2.64, down 1.86% on the day and off 9.28% for the last seven sessions, as investors weighed up if the Chemist Warehouse owner is planning a much bigger play in the UK pharmacy space. The ASX-listed company’s market data is from Intelligent Investor. The recent drop came after Sigma put out a June 10 ASX statement on talk about Boots, the pharmacy chain out of the UK. Sigma said it had some early talks about the Boots sale process but said there’s no guarantee a deal will take place.
June 12, 2026
Transurban Shares Hit 52-Week High as Investors Weigh Toll-Road Income and Valuation Risk
·

Transurban Shares Hit 52-Week High as Investors Weigh Toll-Road Income and Valuation Risk

Transurban Group’s latest share-price push has put the toll-road operator back near the centre of the Australian income-stock trade. The stock closed Friday at A$15.61, up 14 cents, after trading between A$15.41 and A$15.62, according to Google Finance; Investing.com showed the same closing price and day range. The fresh 52-week high matters because it lifts expectations for future toll revenue, distributions and interest-rate sensitivity at a time when the stock is no longer obviously cheap. The broader market helped. The S&P/ASX 200 rose almost 2% on Friday as investors moved back into Australian equities, while Transurban’s defensive infrastructure profile gave buyers a different angle: toll-road income rather than commodity or bank earnings leverage. For infrastructure stocks, lower bond yields or
June 12, 2026
Stockland Shares Climb After Morgan Stanley Retail Agreement
·

Stockland Shares Climb After Morgan Stanley Retail Agreement

Stockland Corporation Ltd jumped Friday after a new report said Morgan Stanley Real Estate Investing will join as capital partner in a push for neighbourhood shopping centres. The stock closed at A$4.23, gaining 3.17% on 16.08 million shares traded. The S&P/ASX 200 added 1.98% as the wider market bounced. Stockland is looking to boost development earnings without taking all the funding risk on its own books. RealCommercial said the deal with Morgan Stanley could end up being worth around A$1 billion as the shopping centres go up, with Morgan Stanley set to hold about 70% stakes in the first two malls in Ripley, Queensland and Hilbert, Western Australia. Stockland told the outlet the transaction “remains subject to documentation.”
June 12, 2026
Lynas Rare Earths Stock Rises as China Supply Stress Puts ASX:LYC Back in Focus
·

Lynas Rare Earths Stock Rises as China Supply Stress Puts ASX:LYC Back in Focus

Lynas Rare Earths Limited shares rebounded on Friday as investors returned to one of the ASX’s most closely watched critical-minerals names. The stock finished at A$17.77, up A$0.88 or 5.21% from the previous session, after trading between A$17.32 and A$17.93 during the day. The move matters because Lynas is highly sensitive to shifts in rare-earth pricing, China export policy and investor appetite for non-Chinese supply chains. The fresh sector backdrop remains supportive. Reuters reported this week that U.S. access to critical minerals from China is still being hampered by export controls and licensing delays, with 76% of affected companies in a U.S.-China Business Council survey either shifting to, or searching for, non-Chinese suppliers. USCBC President Sean Stein told Reuters, “China
June 12, 2026
Mineral Resources Stock Rises as MIN Share Price Rebounds With Lithium Catalysts in Focus
·

Mineral Resources Stock Rises as MIN Share Price Rebounds With Lithium Catalysts in Focus

Sydney, June 13, 2026, 06:03. Mineral Resources Limited shares rebounded sharply on Friday, with the MIN share price quoted at A$68.18 at 16:36 AEST on June 12, up A$2.99, or 4.59%, from the previous close of A$65.19. The stock traded between A$67.25 and A$68.80 during the session, extending a recovery after Thursday’s volatile move from A$61.41 to a A$65.19 close. The gain also came during a stronger session for Australian equities, with materials stocks among the market’s leading sectors.
June 12, 2026
Fortescue shares climb with ASX miners, China iron ore worries remain
·

Fortescue shares climb with ASX miners, China iron ore worries remain

Fortescue Ltd stock bounced Friday, finishing at A$20.21 for a 61-cent gain. The shares opened at A$20.07, moved between A$19.86 and A$20.21, and ended the week above the A$20 mark after slipping below that level earlier. Google Finance put Fortescue’s market cap near A$62.23 billion. Its one-day rise tracked gains among Australia’s big mining stocks. Fortescue’s shares still react to iron ore prices, since iron ore brings in most of its cash flow and dividends. The benchmark iron ore price was about US$101.62 a tonne on June 12, almost flat for the day but off more than 8% for the month, Trading Economics said. Reuters puts China’s share at roughly three-quarters of seaborne iron ore trade.
June 12, 2026
Aristocrat Leisure edges up, investors eye buyback plan
·

Aristocrat Leisure edges up, investors eye buyback plan

Aristocrat Leisure Limited shares finished the week higher. Investors weighed a rally in the Australian market and new signs that the gaming technology firm is still returning capital. Aristocrat closed at A$53.91 on June 12, up 0.99%, according to Google Finance. Market value was around A$32.51 billion. The price-to-earnings ratio stood at 22.64. S&P/ASX 200 added 1.98% Friday as Australian stocks rose, with hopes for a US-Iran peace deal helping sentiment. Aristocrat's latest buy-back notice was filed June 12, with the company reporting it bought back 124,895 shares on June 11 for A$6.65 million. The filing says Aristocrat had already repurchased 23.57 million shares under the current program. A buyback lets a company cut the share count, which can help
June 12, 2026
Northern Star shares rise on Elliott pressure, board moves and sale review draw attention
·

Northern Star shares rise on Elliott pressure, board moves and sale review draw attention

Northern Star Resources Ltd jumped Friday, reversing a sharp slide earlier in the week after activist calls and CEO uncertainty shook shares. The gold miner traded at A$19.26, up A$0.94, or 5.13%. The ASX 200 added 1.98%. Reuters had reported on Thursday’s sell-off, which sent the stock down 5.3% to A$17.55, lowest since March 24, after Elliott Investment Management pushed again for changes. Elliott is pressuring Australia’s biggest listed gold miner, asking if its campaign will prompt quicker changes. The hedge fund has revealed a stake worth over A$1 billion and wants board seats and a formal review of strategy, Reuters reported. That review could include asset sales, spin-offs, mergers, or even selling the whole company. Elliott pointed to operational
June 12, 2026
Goodman Group Drops as ASX Moves Lower; Investors Focus on Data-Centre Plans
·

Goodman Group Gains With Data Centre Growth Back in Spotlight as ASX Rallies

Sydney, June 13, 2026, 05:17 AEST — Goodman Group shares are trading higher as a broader ASX rally steers investor focus toward data-centre growth. Goodman Group closed Friday in Sydney at A$31.52, gaining A$0.69, or 2.24%, with shares moving between A$30.86 and A$31.69 on volume of about 3.15 million. Shares bounced after Thursday’s drop. The stock is still trading below its 52-week high of A$37.31, with market cap near A$64.45 billion.
June 12, 2026
Woolworths trades at A$38.33 as ASX rally puts spotlight on grocery strategy
·

Woolworths trades at A$38.33 as ASX rally puts spotlight on grocery strategy

Woolworths Group Ltd shares pushed higher Friday, finishing at A$38.33. The stock traded as low as A$38.09 and as high as A$38.50 during the session, based on company price data. Woolworths is up 8.71% over the past week, according to Intelligent Investor, a notable gain given the size and defensive profile of the retailer. The S&P/ASX 200 rallied too, up 1.98% to 8,804 as part of a wider move. Woolworths is seen as a defensive name since it sells essentials like groceries, so investors look for its earnings to hold up when the economy slows. But after a rally that pushed Woolworths’ shares up almost 9% in a week and 30% since the start of 2026, some investors are questioning
June 12, 2026
Westpac Shares Bounce With RBA in View After Mortgage Growth Slows
·

Westpac Shares Bounce With RBA in View After Mortgage Growth Slows

Westpac Banking Corporation shares bounced back Friday, gaining 1.45% to A$35.00 after a sharp drop a day earlier. The move came after the bank fell 2.57% to A$34.50 on Thursday as investors responded to the latest Consumer Update and new signs of softening mortgage growth, according to Trading Economics data. Westpac’s share price move is in focus as mortgages are still key for how investors view Australian banks. In its June 11 update, Westpac pointed to an “uncertain economic outlook” and flagged higher rates, policy shifts, tough competition, and steady customers. The bank said average monthly mortgage applications slipped from 35,000 in the first quarter of 2026 to 33,000 in the second, then fell to a 27,000 monthly pace after
June 12, 2026
Woodside Energy Edges Around A$31 With Oil Risk Back in Play
··

Woodside Energy Drops in Sydney After Browse Project Update, U.S. Shares Move on Exxon Talk

Woodside Energy Group Ltd. lagged behind the broader Australian market on Friday after it increased its bet on the stalled Browse gas project. Shares fell 0.92% to finish at A$31.23. The S&P/ASX 200 gained 1.98% to 8,804. A later report tied to takeover talk offered investors a new angle on the story. The day’s move in Woodside shares looked tied to the company’s own news and commodity moves. Woodside triggered the move by exercising its pre-emption right on PetroChina International Investment’s 10.67% stake in the Browse Joint Venture. The company said it will pay US$225 million and reimburse CNPC for cash-call contributions after June 30, 2025. There’s also a possible extra US$175 million due if the joint venture makes a
June 12, 2026
Telix Pharmaceuticals Rallies on ASX, Healthcare Stocks in Focus Before FDA Decision
·

Telix Pharmaceuticals Rallies on ASX, Healthcare Stocks in Focus Before FDA Decision

Sydney, June 13, 2026, 04:07. Telix Pharmaceuticals Limited closed at A$13.60 in Sydney, climbing 0.97% after gaining A$0.13 for the day. Shares traded between A$13.32 and A$13.99. The session saw a firm rally in the S&P/ASX 200, which jumped 1.98%. Telix tracked the market higher but trailed the broader advance as investors considered its busy regulatory calendar against improving risk sentiment.
June 12, 2026
Evolution Mining Up as Gold Rebounds, Lifting ASX EVN
·

Evolution Mining Up as Gold Rebounds, Lifting ASX EVN

Evolution Mining Limited jumped Friday, climbing A$0.80, or 7.31%, to finish at A$11.75 as Australian gold miners drew buyers. S&P/ASX 200 gained too. Trading Economics reported group gains for gold miners, naming Evolution as a top mover. The session’s rally mattered since gold producers like Evolution can swing harder than gold itself when margin views shift. The stock rallied, though gold itself didn’t make a big move. Gold traded near US$4,221.65 an ounce on June 12, still off close to 10% for the month, Trading Economics said. That’s part of why EVN is so jumpy. Miners often trade like leveraged plays on gold: with lots of costs fixed or semi-fixed, a bump in bullion can speed up cash flow forecasts,
June 12, 2026
Wesfarmers Pops After Strategy Day as Bunnings and Kmart Tech Moves Stir WES Valuation Talk
·

Wesfarmers Pops After Strategy Day as Bunnings and Kmart Tech Moves Stir WES Valuation Talk

Wesfarmers Limited closed Friday at A$86.47, gaining 2.56% after buyers stepped in this week. Shares in the Bunnings, Kmart and Officeworks owner pushed higher as the S&P/ASX 200 advanced almost 2% to 8,804. Broader risk appetite lifted Australian equities. Wesfarmers shares gained as investors seemed to like the company’s more detailed growth case following its 2026 Strategy Briefing Day in Sydney. The official investor page included the June 10 strategy event and presentation, and market reports flagged management talking up productivity, artificial intelligence, digitisation, and a bigger Bunnings.
June 12, 2026
PLS Group Stock Moves on Lithium Rally, Pilgangoora Draws Attention Again
·

PLS Group Stock Moves on Lithium Rally, Pilgangoora Draws Attention Again

PLS Group Limited jumped on Friday, gaining 9.8% to settle at A$6.52 as lithium shares rallied hard with Australian materials. Shares traded in a band from A$6.12 to A$6.52, ending just under the 52-week high. Market Index put turnover at around A$155.7 million. Lithium miners have seen wild swings recently. Materials stocks led gains as sector momentum outweighed any new earnings updates. The ASX 200 climbed 170.8 points, or 1.98%, to finish at 8,804.0, according to Market Index. Materials rose 4.06%. Lithium names kept up a run driven by commodity prices, as GFEX lithium carbonate futures rose 3.0% to CNY 176,560 per tonne. Lithium carbonate, a key battery material, is often watched for sentiment around the lithium space.
June 12, 2026
1 … 87 88 89 90 91 … 492