QBE Insurance Shares Break Above Key Moving Average on Elevated Volume as Technical Floor Takes Shape
QBE Insurance shares (ASX: QBE) closed Tuesday’s session up 1.21% at A$23.39, pushing above its 50-day simple moving average in a move that was supported by the strongest volume in weeks. The question now is whether the tide of August’s selloff may be set to turn. Yesterday’s gain capped a month that has quietly delivered…
PLS Group Stutters Towards Q4, As September Selloff Leaves Stock Oversold
PLS Group shares (ASX: PLS) are stuttering into the final quarter of the year, after putting up one of the worst monthly performances among major ASX 200 stocks in September. Heading into the last trading session of Q3 2026, PLS shares have fallen 28.33% in September alone, dragging the stock to around A$3.84 and cementing…
Lendlease Shares Sink to Record Low, as Pressure Mounts
Lendlease shares (ASX: LLC) fell to a record all time low of A$2.36 heading into the final session of September, in what has been a brutal month and an even more punishing year for holders. The LLC share price closed the most recent session at A$2.39, a modest recovery of 0.42% from its intraday low,…
REA Group Shares Set to Snap Three-Quarter Losing Streak
REA Group shares (ASX: REA) heads into the final trading session of calendar Q3 carrying a rare piece of positive momentum in the form of a quarterly gain of 6.9%, even as a brutal September has reignited concerns about the technical health of the stock. The quarterly gain masks a difficult month, as the REA…
Maas Group Shares Hit New High as Bulls Target A$7 Hold
Maas Group shares (ASX: MGH) briefly set a new all-time high of A$7.14 on Tuesday before pulling back below the closely watched A$7 psychological level, as markets continue to work through the bold pivot into AI and electrical infrastructure. The impressive September run in the MGH share price has positioned the stock among the ASX’s…
South32 Shares Reclaim A$5 Level, As Markets Battle For Momentum
South32 shares (ASX:S32) pushed higher today, rising 2.87% to A$5.02, as underlying copper prices edge back towards highs, and on course for a third straight month of gains. The gain at S32 extends a steady climb that has been building over the past year, with the stock adding 88.72% on a TTM basis, and 41.41%…
WiseTech Global Shares Catch A Bid, Amid Difficult Year
WiseTech Global shares (ASX: WTC) climbed 3.11% to A$32.84 today, as markets stepped back into one of the ASX’s most heavily marked-down technology names. After a brutal 2026 that has seen WTC stripped in half (-52.09% YTD), and ejected from the S&P/ASX 20 in the September rebalance, a semblance of support seems to be testing…
Champion Iron Gets a New Bull, As Fortescue Trimmed: Iron Ore Forecast Shifts
A sweeping sector review from UBS has reshuffled the iron ore investment landscape, lifting its long-term price forecast well above consensus while splitting the market into clear winners and losers based on ore grade, cost structure, and exposure to structural demand shifts. Champion Iron (ASX: CIA) was the standout mover following UBS’s initiation of coverage…
RBA Raises Cash Rate to 4.60%: A Closer Look
The Reserve Bank of Australia has resumed its tightening cycle, lifting the official cash rate by 25 basis points to 4.60% in a unanimous decision, marking the fourth increase this year and pushing borrowing costs to their highest level since 2011. The move ends a brief two-meeting pause and sends a clear signal that the…
Megaport Shares Jump, As AI Contracts And Guidance Raise Provide Boost
Megaport shares (ASX: MP1) added 7.8% to A$20.32 today, holding above the psychologically significant A$20 level that had acted as a key technical threshold heading into the latest announcement. The MP1 share price had risen as high as A$22.72 in intraday trade right out of the gate, before pulling back 10.5% from that point into…
