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Friday 23 October 2026
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Australian shares ended slightly higher after spending most of the session lower, with the major banks and communication stocks rising while NextDC fell after cutting its guidance.
The Australian gold miner kept its full-year guidance after a quarter in which its all-in sustaining cost rose to A$3,217 an ounce.
Australian shares closed lower on Tuesday after recovering from a fall of as much as 1% earlier in the session, with consumer staples and healthcare stocks rising.
The S&P/ASX 200 ended Monday up 39 points at 8,845.7, led by energy and financial shares, while ASX 200 futures were down 0.4% early on Tuesday, The Australian Financial Review reported.
Australian shares rose at the open on Monday despite Friday's tech sell-off on Wall Street. NextDC entered a trading halt.
The data centre operator said the delay could affect its 2027 financial-year guidance. Its shares will resume trading by 21 October at the latest.
The wholesaler used a first right to buy the 15-store supermarket business, which reported about $264 million in retail sales in the 2026 financial year.
The fuel company reported a refiner margin of US$23.92 a barrel and said a key refinery unit would restart in mid-November after additional repair work.
TAL Dai-ichi Life Australia, which already owns 20.5% of the retirement income company, has made a non-binding offer for the rest. Challenger's board is considering it.
The vehicle leasing company's board unanimously recommends the A$5.30-a-share cash offer, which follows a competitive bidding process that began in August.
New Hope would take full ownership of Malabar's Maxwell underground mine in the Upper Hunter. Malabar's board recommends the scheme.
The benchmark rose 1% on Friday to 8,806.7 after a mid-week sell-off linked to concerns about AI valuations and global growth.
