Cleanaway Shares Lag The ASX 200 Into Weekend: EQT Takeover Deadline Near
Cleanaway Waste Management shares (ASX: CWY) closed Friday’s session as the worst performers on the ASX 200, shedding more than 6% as markets positioned defensively ahead of a critical Monday morning deadline on the company’s proposed A$9.4 billion takeover by Swedish private equity firm EQT Infrastructure. The CWY share price was down 6.08% on Friday,…
ASX 200 Back to 8,800, In Third Straight Green Week: Today’s Movers
The ASX 200 rounded out the week strong, adding 1% to close at 8,806.70, for the third consecutive week of gains. The move put the Aussie benchmark right at the upper end of its recent trading range, and within touching distance of a major technical resistance level. Friday’s session was one of the more emphatic…
Fortescue Shares Hit New Low: What Is Driving the Gap With BHP and RIO?
Fortescue shares (ASX: FMG) have just hit a fresh multi-year low of A$15.01, continuing on in what has been a terrible year for holders, down 32% YTD, and erasing over A$20 billion in market cap. Looking out across the sector, its two largest iron ore rivals in Pilbara trade comfortably in positive territory. We are…
Commonwealth Bank Shares Catch A Bid: Is Momentum Shifting?
Commonwealth Bank of Australia shares (ASX: CBA) posted their strongest single-session gain in weeks, adding 3.29% as a softer-than-expected September labour market report sharply reduced the probability of a near-term RBA rate hike. The move, which lifted the CBA share price 4.6% on the week underscored the stock’s appeal as a defensive anchor in periods…
4DMedical Shares Edge Towards Technical Breakout
4DMedical shares (ASX: 4DX) sat near the top of the ASX 200 leaderboard on Thursday, posting a 7.37% gain against a broadly red tape for much of tech. Despite Thursday’s strong performance, 4DX remains 10% lower year-to-date, having spent much of recent months trading within a defined band between A$3.70 and A$4.40. The 4DX share…
What A Difference 10 Days Make For Maas Group Shares
What a difference 10 days can make. Maas Group Holdings shares (ASX: MGH) have seen one of the most dramatic short-term repricings seen on the ASX in recent memory, shedding more than half its value in less than a fortnight, as the collapse of the Firmus IPO stripped away the AI-driven valuation premium that had…
Champion Iron Shares Hit Lowest Level In Years: The Latest
Champion Iron shares (ASX:CIA) fell to their lowest level since 2020, after the company released early, unaudited figures for its September quarter. The Champion Iron share price fell 9.67% on Thursday to close at A$2.43, touching an intraday low of A$2.41, a level not seen since 2020. It has been a terrible year to be…
WiseTech Global Shares Bounce, As Governance Probes Closed
WiseTech Global shares (ASX: WTC) put up a solid session on Thursday, against what was a broadly red technology sector, after Australia’s corporate regulator formally closed two separate investigations, issuing no-action letters across the board. The resolution removes a governance cloud that had weighed on the stock for the better part of two years. The…
Netwealth Shares Fall To Lowest Level In Years, as Guidance Trimmed
Netwealth shares (ASX: NWL) closed 8% lower on Thursday at A$15.42, after company trimmed full-year net flow guidance, overshadowing a quarterly update that delivered records elsewhere. The sell-off deepens what has already been a difficult year for bulls, nursing 40.3% declines YTD. The NWL share price hit it’s lowest level in three years at A$14.57,…
Contact Energy Shares Bounce Off Multi-Year Lows
Contact Energy shares (ASX: CEN / NZX: CEN) rebounded from multi-year on Thursday, closing up 4.4% after its September operating report revealed a mix of retail market momentum, cost discipline, and a significant rally in early 2027 wholesale electricity futures. The Contact Energy share price closed at A$7.00 on the ASX, bouncing off the multi-year…
