Latest Market Volatility News

PM Capital Global Opportunities Fund (ASX: PGF) has successfully completed a $221 million placement, issuing 15% new shares at the estimated net tangible asset value to expand its scale and shareholder base.

ASX Limited reported a 13.3% rise in operating revenue to $1.25 billion for FY26, with underlying net profit up 5.2%, despite a 3.5% dip in statutory profit due to significant one-off costs including a $20.5 million ASIC penalty. The company declared a fully franked final dividend of 104.7 cents per share and appointed Anthony Attia as CEO.

MFF Capital reported a sharp 63% fall in net profit for FY26 but declared a higher fully franked dividend, underpinned by a disciplined long-term investment approach and leadership changes.

Bailador Technology Investments (ASX:BTI) posted a 64% drop in net profit to $6.9 million for FY26, amid a 55% fall in gains on financial assets. Despite this, the fund declared a fully franked 3.5 cent dividend and highlighted strong AI adoption and growth across its private tech portfolio.

X2M Connect Limited (ASX:X2M) has launched a fully underwritten Share Purchase Plan (SPP) aiming to raise up to $1 million, offering eligible shareholders shares at a discount plus free options and bonus shares, subject to shareholder approval.

Newmont and Barrick have settled all disputes related to their Nevada Gold Mines joint venture, agreeing to contribute previously excluded properties and updating governance terms. Newmont will pay Barrick $1.95 billion, while also consenting to Barrick's proposed North American gold assets IPO.

Hillgrove Resources has secured a new 12-month copper hedge covering 3,600 tonnes at a fixed price of A$20,046 per tonne, balancing fixed-cost protection with upside exposure.

Westpac Banking Corporation reported a 3% increase in statutory net profit to $1.8 billion in Q3 2026, supported by loan and deposit growth alongside stable capital ratios and ongoing transformation efforts.

Flagship Investments Limited reported a sharp 24.1% portfolio decline for the year ended 30 June 2026, underperforming the ASX All Ordinaries Index by 21.7 percentage points. Despite this, the company declared a fully franked final dividend of 5.3 cents per share, supported by retained earnings.

Li-FT Power Ltd. is raising $20 million through a common share offering priced at $2.90 each, primarily to cover care and maintenance costs for its Renard diamond mine option and support corporate activities. The deal includes a 15% over-allotment option and has conditional TSXV approval.

Charter Hall Retail REIT's FY26 statutory profit soared 78% to $389.4 million, driven by a $305 million portfolio valuation uplift and a strategic pivot to convenience net lease retail assets. Distributions rose 3.3% amid a debt refinancing that lowered margins and extended maturities.

Kingfish Limited posted a net loss of NZD 13.6 million for FY2026, underperforming the NZX50 benchmark, but showed early signs of recovery in FY2027. The company re-elected two directors and maintained its focus on quality growth stocks amid a cautious economic outlook.