Latest Market Performance News

Big River Industries expects FY26 EBITDA growth around 8% despite Q4 revenue softness and forecasts double-digit growth for FY27, while initiating a strategic options review.

Pengana Capital Group has successfully closed the $267 million initial public offering for its AI Private Opportunities Trust, marking a significant expansion in its fund management portfolio. The new trust is set to begin trading on the ASX on 2 July 2026.

ClearVue Technologies has secured A$6 million through a $5 million institutional placement and a fully underwritten $1 million Share Purchase Plan, aiming to bolster its balance sheet and fund international expansion and product development.

Barramundi Limited’s May update reveals a 2.3% adjusted NAV decline, weighed down by CSL’s earnings downgrade and Brambles’ operational setbacks, despite positive contributions from Xero and Credit Corp.

Retail Food Group (ASX:RFG) reports accelerated cost rationalisation lifting FY26 savings estimates, yet trims EBITDA guidance amid softening sales and tough retail conditions. The first Firehouse Subs restaurant launch remains on track for June 2026.

Bison Resources has appointed Tim Mackellar as CEO, leveraging his senior mining and capital markets experience to drive exploration and development efforts.

BPH Global Ltd (ASX: BP8) posted its second best monthly seaweed trading result with gross sales of approximately A$391,000 in the twelfth month, pushing aggregate sales beyond A$3.3 million as Indonesian operations scale up post-monsoon.

Ainsworth Game Technology posted a 10% revenue increase in FY25 to $291 million, driven by strong Asia Pacific growth, while North American challenges weigh on H1 2026 outlook.

Talisman Mining has appointed Todd Ross as CEO, initiating a leadership transition as the company advances drilling programs in NSW. Ross's extensive mining and finance background aims to unlock value across Talisman's exploration portfolio.

Whitefield Industrials reported a 5.6% drop in net profit to $21.1 million for FY2026 but maintained its fully franked dividend at 10.5 cents per share, while its portfolio outperformed the ASX200 Industrials benchmark over one and three years.

GQG Partners reported a modest rise in funds under management to USD 166.9 billion at the end of April 2026, driven by strong investment returns that offset ongoing net client withdrawals. The firm also declared a quarterly dividend consistent with its recent payout policy.

Metcash Limited projects an underlying NPAT between $268 million and $270 million for FY26, buoyed by strong second-half momentum in Hardware & Tools and disciplined cost management driving cash flow and margin resilience.