Author: Shawn Hickman
Westpac (WBC) reversed early losses to trade higher mid-morning on Monday after posting a $6.8bn profit.
Reece is trading ~8% higher driven by a Q1 FY27 trading update that showed strong ANZ momentum and a US business that held up better than feared.
Coles is falling this morning following a disappointing Q1 FY2027 trading update which revealed market share losses to Woolworths, a soft sales miss, and a profit warning on fuel costs.
Elsight (ELS) is down ~24.5% today, a continuation of yesterday’s 17% drop following a severe Q3 revenue miss.
Sandfire is soaring this morning driven by a wave of analyst upgrades following its Q1 FY27 production report released on October 27.
Perseus Mining (PRU) is the worst performer on the main board today after delivering disappointing gold production forecasts.
Tuas plunged ~40% this morning on a regulatory enforcement action against its core Singapore telecom subsidiary, Simba.
ZIP was smacked 50% on the open today after revealing a US fraud incident that cost the buy-now-pay-later provider $7.2m and disrupted customer growth and transaction volumes during July and August
Fortescue has fallen below $15 driven entirely by a weak Q1 FY2027 production report released last night that revealed a serious and escalating standoff with China’s centralised iron ore buying agency.
NEXTDC (NXT) is trading down ~40% after cutting guidance by approx. 37% after electricity distributor Jemena suspended power connections to NEXTDC’s Melbourne M3 data centre in late September,
