Lottery Corp Shares Reclaim Key Technical Level, Moves Green YTD
After months of underperformance, The Lottery Corp shares (ASX: TLC) have staged a meaningful technical recovery, closing above its 200-day moving average for the first time in months and pushing its year-to-date return into positive territory. The TLC share price added 2.1% on Monday to close at A$5.35, extending a broader recovery that has now…
QBE Insurance Shares Hit Multi-Year High as Valuation Gap With IAG Widens
QBE Insurance shares (ASX:QBE) extended its impressive 2026 run, hitting a fresh multi-year high of A$26.06 on Monday to leave domestic rival Insurance Australia Group firmly in its wake. The gap between the two insurers has become one of the more interesting stories in the financial sector this year, raising questions about valuation, earnings quality,…
REA Group Shares Make ‘Death Cross’- The Latest
REA Group shares (ASX: REA) has formed a bearish “death cross” on its daily chart, adding a technical warning to an already challenging fundamental backdrop. In the middle of an AI moat erosion trade dubbed a saaspocalyse, and with property markets under pressure, it has been a tricky time to be a bull. The REA…
Xero Shares Testing Momentum, Gap Down Threatens Three-Week Bounce
Xero shares (ASX: XRO) opened the week under pressure, gapping down to A$58.45 on Monday after closing Friday at A$61.79, placing a three-week recovery rally at an important technical level. The move brings Xero’s share price to a point where the recent bounce could well be about to face a test of staying power. The…
Deep Yellow Shares At Lowest Level In Years: What Is Happening?
Deep Yellow shares (ASX: DYL) have fallen to levels not seen since 2023 after the company formally withdrew its FID target for its flagship Namibian project, adding to a selloff that has now erased nearly three-quarters of the stock’s value from its January high. Shares in Deep Yellow (ASX: DYL) closed at A$0.77 on Monday,…
South32 Shares Testing Support at Key Moving Average
South32 shares (ASX:S32) kicked off the new week with a red day, as markets worked through its September quarter production report, with a notable stumble at its flagship silver-lead-zinc mine weighing. Despite the 2.59% pullback on Monday, and a 15% pullback from highs six weeks ago, the S32 share price gain of 27% YTD remains…
PLS Shares Close at 2026 Low: Brokers Trim Targets, Despite Bullish Tone
PLS Group shares (ASX:PLS) closed at a fresh 2026 low of A$2.90 to start the week, as stuttering lithium markets, and cost overruns and a delayed production timeline overshadowed the strategic ambition of the company’s landmark P2000 expansion at Pilgango. The PLS share price has fallen 52% over the past six months, with a 29.78%…
Mesoblast Shares At The Foot of ASX 200 Today, In Lowest Close Of The Year
Mesoblast shares (ASX:MSB) fell sharply today, as markets continue to work through its preliminary first-quarter results. The Mesoblast share price closed out the opening trading session of the week down 11.06% at A$1.77, their lowest closing price in more than a year and just three cents above the stock’s 52-week low. It has already been…
NextDC Shares Halted: The Latest
NextDC Ltd requested an immediate trading halt on the ASX to start the week, after an unexpected delay to grid power supply at its flagship M3 Melbourne data centre threatened to derail the company’s financial year 2027 earnings guidance. The development marks a significant setback for one of Australia’s most closely watched data centre operators…
Why are Coal shares moving higher today?
Australian coal producers posted sharp gains to start the week, as a sustained drop in Chinese domestic output and rising thermal coal prices combined to lift the sector, with a tightening supply picture that could support elevated price levels well into early 2027. The rally was broad, as New Hope Corporation (ASX: NHC) led the…
