ASX futures are indicating a flat to slightly positive start today, with the market expected to open steady following mixed recent activity. The S&P/ASX 200 closed modestly higher on Thursday, up 0.27%, buoyed by banking and resources sectors despite some weakness in property stocks.
Overseas, US markets closed mixed overnight; the Dow Jones and S&P 500 ended little changed, while the Nasdaq posted small gains led by Meta's 5% rise after budget cuts were announced for its metaverse division. European markets showed steadiness, and Asian shares traded cautiously amid ongoing geopolitical concerns.
Investors should monitor today’s economic data releases and company announcements on the ASX, particularly in the banking and resources sectors. Additionally, ongoing speculation regarding a possible US Federal Reserve rate cut in December remains a key theme affecting market sentiment.
Market participants are advised to watch for updates on corporate earnings, rate policies, and geopolitical developments that could influence market momentum.
AngloGold Ashanti has agreed to acquire Centamin Plc, pending shareholder approval. This deal will grant AngloGold control of Centamin.
TPG Telecom Limited announced that the Australian Taxation Office (ATO) has published the final Class Ruling (CR 2025) regarding its capital return and special dividend. The capital return/dividend of A$1.61 has reportedly been paid.
Premier Investments Limited has scheduled its Annual General Meeting for 5 December 2025. This is an important event for shareholders to vote on company matters and receive updates.
Magellan Financial Group announced the cessation of 40,000 ordinary fully paid securities due to an on-market buy-back, effective 5 December 2025. This forms part of their ongoing capital management strategy.
Sims Limited has been marked as potentially delisted and may not be actively trading. This significant development could impact the company's investment viability.
Nib Holdings Limited announced a FY25 Group underlying operating profit (UOP) of $239.2 million. This figure is down from $257.5 million in FY24 but is in line with the company's guidance.
Bell Potter, an investment firm, has expressed a positive outlook on Harvey Norman Holdings Limited. The firm anticipates fully franked dividends of 30.9 cents per share for FY 2026, followed by 35.3 cents per share.
Consensus revenue estimates for Sigma Healthcare have decreased by 35%. This significant downgrade suggests a less optimistic outlook on the company's future financial performance.
Amazon has launched its new Trainium3 chip, further enhancing its competitive edge in the artificial intelligence sector. This strategic move signifies Amazon's continued investment and innovation in AI hardware.
Whitehaven Coal Limited has provided an update on its ongoing share buy-back program. On 5 December 2025, the company reported the repurchase of 74,521 shares.
An ASX-listed junior company has entered a binding agreement to acquire the Itambe rare earth project from Rio Tinto Desenvolvimentos Minerais, a wholly owned subsidiary of Rio Tinto. This signifies a divestment of an asset by Rio Tinto, aligning with strategic portfolio management.
WEB Travel Group Limited has received a 'Strong Buy' recommendation from analysts, accompanied by a target price of $6.00. This suggests a continued positive outlook on the company's stock performance.
A recent analyst rating for McMillan Shakespeare Limited (MMS) stock is a 'Buy' with a A$21.50 price target. Another analyst retained an 'outperform' rating with a A$19.69 price target.
NEXTDC Limited's shares surged following the announcement of a major partnership or significant agreement with OpenAI. This collaboration is set to advance AI infrastructure in Australia.
NRW Holdings' unit, Fredon, has secured four data centre contracts with a combined value of approximately A$150 million. This significant contract win is expected to boost the company's revenue and outlook.
Worley Limited has updated its on-market share buy-back programme, reporting the acquisition of 131,201 ordinary fully paid shares. This continues their strategy of returning value to shareholders.
Capricorn Metals (CMM) is reportedly considering a merger with Genesis Minerals (GMD) or other gold companies to achieve greater scale. This potential strategic move could significantly impact the company's future operations and market position.
A change in substantial holding for Cleanaway Waste Management Limited was announced on 05 December 2025. This marks a new event in the company's investor landscape.
State Street Corporation and its subsidiaries have ceased to be substantial holders in Dalrymple Bay Infrastructure Ltd. This marks a significant change in the company's investor base.
The most recent analyst rating for Megaport Limited (MP1) stock is a 'Buy' recommendation, with a price target of A$16.30. This update indicates a positive outlook from analysts on the stock's future performance.
Macquarie has maintained its 'Sell' rating for West African Resources. This analyst update suggests a negative outlook for the company's stock.
Zip Co Limited director Andrew Stevens acquired an additional 55,000 fully paid ordinary shares through an on-market transaction. This increases his shareholding, indicating confidence in the company's future prospects.
A director, Mark Graham Johnson, has acquired an additional 5,000 fully paid ordinary shares in Metcash Limited. This change in director's interest signals increased confidence from an insider.
Steadfast Group's share price has fallen significantly from its recent high following a workplace complaint against CEO/MD/founder Robert Kelly. The complaint has since been concluded on a confidential basis.
News is AI generated and may not be accurate. Double check important details before making any investment decisions.