SHARE PRICES – AUSTRALIA

UBS warns against overplaying the volatile rare earths sector

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Original article by Gus McCubbing
The Australian Financial Review – Page: 27 : 5-Nov-25

Shares in Australian rare earths producers have rallied in the wake of the landmark critical minerals deal with the US. AUSIEX notes that the sector has posted strong gains since April, when China imposed export controls on seven rare earth elements. However, UBS equity strategist Richard Schellbach has likened the situation at present to 2010, when China similarly imposed restrictions on rare earths exports to Japan; he notes that the sector initially rallied, followed by a pullback when China removed the export controls. Schellbach also warns that it will take a long time to develop a rare earths industry in Australia; he adds that is unlikely to match the size of the iron ore and LNG industries.

CORPORATES
AUSIEX, UBS HOLDINGS PTY LTD

Echoes of lithium boom as rare earth stocks soar

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Original article by Alex Gluyas
The Australian Financial Review – Page: 27 : 15-Oct-25

Shares in rare earths producers have rallied due to factors such as rising demand for the critical minerals and concerns over supply amid renewed trade tensions between the US and China. Lynas Rare Earths has risen by 227 per cent so far in 2025, while Australian Strategic Materials is up 272 per cent. US-based MP Materials has in turn rise by 480 per cent in the year-to-date. However, Macquarie analysts now consider shares in both Lynas and Iluka Resources to be fully priced, contending that these stocks have outpaced gains in underlying rare earths prices. The firm has an ‘outperform’ rating on Meteoric Resources, whose shares rose 17.1 per cent to $0.24 on Tuesday.

CORPORATES
LYNAS RARE EARTHS LIMITED – ASX LYC, AUSTRALIAN STRATEGIC MATERIALS LIMITED – ASX ASM, MP MATERIALS CORPORATION, MACQUARIE EQUITIES LIMITED, ILUKA RESOURCES LIMITED – ASX ILU, METEORIC RESOURCES NL – ASX MEI

Rinehart a winner in rare earths move

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Original article by Brad Thompson
The Australian – Page: 14 : 6-Aug-25

Shares in Lynas Rare Earths and Iluka Resources rose strongly on Tuesday, in response to the federal government’s plans to create a floor price for rare earths. Resources Minister Madeleine King has indicated hat the government is also open to taking equity stakes in rare earths companies, as part of its proposal to establish a critical minerals strategic reserve. Arafura Rare Earths’ CEO Darryl Cuzzubbo says an Australian floor price would disrupt China’s dominance of the rare earths sector; he adds that any strategic reserve for rare earths should be linked to a non-China controlled price index. Mining magnate Gina Rinehart has an eight per cent in Arafura and a similar stake in Lynas.

CORPORATES
LYNAS RARE EARTHS LIMITED – ASX LYC, ILUKA RESOURCES LIMITED – ASX ILU, ARAFURA RARE EARTHS LIMITED – ASX ARU, AUSTRALIA. DEPT OF INDUSTRY, SCIENCE AND RESOURCES

Virgin Australia shares take off on ASX despite Mid-East jitters

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Original article by Chris Zappone
The Sydney Morning Herald – Page: Online : 25-Jun-25

Shaw & Partners’ head of equities Anthony Wilson says the strong demand for Virgin Australia shares bodes well for future IPOs. Virgin Australia CEO Dave Emerson notes that demand for the stock had exceeded the number of shares that were being offered via the IPO, which raised $685m. The stock ended its first day of trading on Tuesday at $3.23, compared with an issue price of $2.90. Hugh Dive from Atlas Funds Management notes that Virgin’s sharemarket debut benefited from a fall in the oil price in response to a proposed ceasefire between Israel and Iran.

CORPORATES
VIRGIN AUSTRALIA HOLDINGS LIMITED – ASX VGN, SHAW AND PARTNERS LIMITED, ATLAS FUNDS MANAGEMENT PTY LTD

The stocks that have ripped during Trump’s trade war

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Original article by Alex Gluyas
The Australian Financial Review – Page: 25 : 8-May-25

Australia’s benchmark S&P/ASX 200 Index has gained 11.4 per cent since it entered correction territory in the days after the Trump administration unveiled its tarrifs regime on 2 April. Uranium producer Boss Energy is amongst the stocks that have posted strong gains since the ‘Liberation Day’ tariffs announcement; it has risen by more than 47 per cent since the start of April, although the stock is still 30 per cent lower than a year ago. Other strong performers include Eagers Automotive (up 24.8 per cent since the start of April), NextDC (21.2 per cent), Pro Medicus (20.6 per cent) and Lynas Rare Earths (20.5 per cent).

CORPORATES
STANDARD AND POOR’S ASX 200 INDEX, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, BOSS ENERGY LIMITED – ASX BOE, EAGERS AUTOMOTIVE LIMITED – ASX APE, NEXTDC LIMITED – ASX NXT, PRO MEDICUS LIMITED – ASX PME, LYNAS RARE EARTHS LIMITED – ASX LYC

Local funds at risk with $28 billion exposure to Nvidia

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Original article by Alex Gluyas
The Australian Financial Review – Page: 23 : 29-Jan-25

Shares in US semiconductor manufacturer Nvidia fell by 17 per cent on Tuesday, reducing its market capitalisation by nearly $US600bn. Analysis by VanEck shows that Australian fund managers and superannuation funds hold about $28bn worth of Nvidia’s shares, although this figure may be higher given that some funds do not disclose their holdings. Sam Sicilia from Hostplus says all high-performing stocks must decline at some point, and the question is whether Nvidia’s share price will rebound and what impact it will have on the broader sharemarket.

CORPORATES
NVIDIA CORPORATION, VANECK, HOST-PLUS

Profit shock for Myer, Premier Investments

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Original article by Matt Bell
The Australian – Page: 13 & 14 : 14-Jan-25

Department store group Myer Holdings has advised that its sales totalled $1.59bn for the 22 weeks to December 28; this is 0.8 per cent lower than previously, and includes the crucial Black Friday, Christmas and Boxing Day sales. The trading update prompted investors to sell down Myer’s shares, with the stock falling 23.1 per cent to $0.88 on Monday. A deal to acquire the apparel brands of Premier Investments will be put to a vote of Myer shareholders on 23 January. Premier Investments has also indicated that weak sales will affect its earnings for the current half-year; its shares fell 15.9 per cent to $27.78.

CORPORATES
MYER HOLDINGS LIMITED – ASX MYR, PREMIER INVESTMENTS LIMITED – ASX PMV

Profit shock for Myer, Premier Investments

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Original article by Matt Bell
The Australian – Page: 13 & 14 : 14-Jan-25

Department store group Myer Holdings has advised that its sales totalled $1.59bn for the 22 weeks to December 28; this is 0.8 per cent lower than previously, and includes the crucial Black Friday, Christmas and Boxing Day sales. The trading update prompted investors to sell down Myer’s shares, with the stock falling 23.1 per cent to $0.88 on Monday. A deal to acquire the apparel brands of Premier Investments will be put to a vote of Myer shareholders on 23 January. Premier Investments has also indicated that weak sales will affect its earnings for the current half-year; its shares fell 15.9 per cent to $27.78.

CORPORATES
MYER HOLDINGS LIMITED – ASX MYR, PREMIER INVESTMENTS LIMITED – ASX PMV

WiseTech helps Aussie tech beat Nasdaq

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Original article by Joanne Tran
The Australian Financial Review – Page: 23 : 3-Dec-24

The S&P/ASX 200 Techology Index had gained 56.4 per cent so far in 2024. The index has outperformed the Australian sharemarket’s other 11 industry groups and the technology-focused NASDAQ-100 in the US, which has gained 24.4 per cent. WiseTech Global, Life360, Xero and Technology One are amongst the ASX-listed technology stocks that have rallied in 2024. Tim Riordan from Blackwattle Investment Partners says factors such as the strong financial metrics of tech stocks has bolstered investor support for the sector. He adds that concerns about the outlook for resources stocks has also prompted investors to favour the tech sector.

CORPORATES
STANDARD AND POOR’S ASX 200 TECHNOLOGY INDEX, NASDAQ, WISETECH GLOBAL LIMITED – ASX WTC, LIFE360 INCORPORATED – ASX 360, XERO LIMITED – ASX XRO, TECHNOLOGY ONE LIMITED – ASX TNE, BLACKWATTLE INVESTMENT PARTNERS PTY LTD

Aussie Broadband’s budget Buddy chases lost customers

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Original article by Jenny Wiggins
The Australian Financial Review – Page: 15 & 19 : 16-Jul-24

Shares in Aussie Broadband fell by 14 per cent to trade at $3.06 on Monday after the telco announced that its 2024-25 financial year earnings would be between $125 million and $135 million, some $10 million less than its previous forecast. Aussie Broadband launched a new cheap internet brand called Buddy Telco on Monday, with group MD Phillip Britt hoping it will win back some of the customers it has lost to rival Superloop after Aussie Broadband lost a wholesale contract with Origin Energy to Superloop.

CORPORATES
AUSSIE BROADBAND LIMITED – ASX ABB, SUPERLOOP LIMITED – ASX SLC, ORIGIN ENERGY LIMITED – ASX ORG