Latest Market Conditions News

Magellan Infrastructure Fund (Currency Hedged) reported a $73.9 million profit for FY2026, down from $108.1 million the prior year, while boosting distributions to unitholders by over 270%.

Moonlight Resources Ltd (ASX: ML8) completed its first year as a listed entity, rapidly expanding its gold and copper exploration at the Clermont Project in Queensland. The company reported a net loss of $1.98 million for FY2026, reflecting active exploration and corporate growth following its December 2025 IPO.

Finbar has completed settlement on a prime South Perth development site with an estimated end value of $402 million, adding scale and strategic depth to its $1.95 billion five-year pipeline.

Nanuk New World Fund posted robust gains in the 2026 financial year, with its hedged unit class surging 36.1% and unhedged units rising 27.1%, driven by a global equities portfolio focused on sustainability themes.

Argo Global Listed Infrastructure Limited has renewed its on-market buy-back facility for another year, allowing up to 9.4 million shares to be repurchased as part of ongoing capital management.

PhosCo Ltd has achieved a metallurgical breakthrough at its Gasaat Phosphate Project, producing premium-grade phosphate concentrate with a simplified flotation process, potentially unlocking significant price premiums.

Pengana Capital Group (ASX:PCG) has initiated an on-market buy-back program targeting nearly 10% of its issued ordinary shares, signaling a strategic move in capital management without requiring shareholder approval.

Locality Planning Energy (ASX:LPE) reversed losses to post a $2.31 million statutory profit in FY2026, driven by strategic acquisitions, improved earnings, and a strengthened balance sheet.

Foley Wines reported a 258% surge in net profit for FY2026 despite a 5.4% decline in bottled sales revenue, driven by a premiumisation strategy and cost controls.

Dicker Data’s first half FY26 results reveal a sharp 54% jump in net profit, driven by strong revenue growth across software and AI infrastructure, prompting an upgraded full-year forecast.

Elevra Lithium posted a $44 million profit in FY26 after merging Sayona Mining and Piedmont Lithium, overcoming temporary mining challenges and securing full funding for the North American Lithium expansion.

Locate Technologies (NZX: LOC) posted a NZD 3.53 million loss for FY2026 despite 7.8% revenue growth, facing refinancing uncertainty on a major debt facility due in November.