LIVETechnology news rolling coverageStarted: Updated:
Technology News 13.03.2026
Latest Articles
Technology News 13.03.2026
LIVETechnology news rolling coverageStarted: March 13, 2026, 12:00 AM EDTUpdated: March 13, 2026, 6:44 AM EDT
Wesfarmers Share Price Today: Why ASX:WES Is Rising as Valuation Doubts Linger
Wesfarmers shares climbed 1.3% to A$76.26 Friday morning, outperforming the ASX 200, which slipped 0.35%. The stock remains 14.6% below its February 18 close despite reporting a 9.3% rise in half-year net profit to A$1.603 billion. Management cited weak consumer sentiment and rate uncertainty. Wesfarmers lifted its interim dividend to 102 cents, payable March 31.
Telstra Share Price: Why TLS Stock Is Holding Up on Buyback Progress and Bendigo Deal
Telstra shares slipped 0.2% to A$5.12 after the company repurchased 1.95 million shares for A$9.99 million under its buyback. Telstra secured a five-year deal with Bendigo Bank and reported a 9.4% rise in first-half profit. The company warned new spectrum pricing could cost it A$1.6 billion above fair value. Regulatory changes on coverage standards also drew criticism from Telstra.