ASX today, Ventia down 16.23%, Paladin up 10.86%

Samso Market Update | Monday, 9 November 2026 | Market close 4:30pm AEDT

On the ASX today, the S&P/ASX 200 closed at 9,029.7, up 8.9 points or 0.10%, after falling as low as 8,968.5 during the day (Yahoo Finance data). Materials was the strongest sector, up 2.88%, and Financials fell 1.11%. The All Ordinaries, which tracks the 500 largest listed companies, rose 0.20% to 9,163.4. The S&P/ASX Small Ordinaries, an index of the companies ranked 101 to 300 by size, rose 0.99% to 3,231.1.

ASX today: Key Highlights

• The ASX 200 rose 0.10% to 9,029.7. It traded between 8,968.5 and 9,055.7 during the day (Yahoo Finance data).

• Materials rose 2.88%, the strongest of the 11 ASX 200 sectors. Real Estate was the weakest, down 1.27%, and Financials fell 1.11% (Yahoo Finance data).

• ANZ Group Holdings (ASX: ANZ) fell 3.20% to A$39.05 on the day it reported its full-year result.

• Ventia Services Group (ASX: VNT) fell 16.23% and Dyno Nobel (ASX: DNL) 10.99%. Paladin Energy (ASX: PDN) rose 10.86%, along with other uranium shares.

• Of the 1,496 companies with a market value that traded on the ASX today, 632 rose, 501 fell and 363 were unchanged (Samso's count of ASX data).

• The Australian dollar was at 68.95 US cents at 4:33pm AEDT, up from 68.90 US cents at 4:31pm AEDT on Friday (Yahoo Finance data).

Miners up, banks and property down

BHP Group (ASX: BHP) rose 2.74% to A$59.20 and Rio Tinto (ASX: RIO) 1.55% to A$152.26. The miners made strong gains in the morning despite generally lower prices for their commodities on Friday, the ABC reported at 11:19am. On Friday, Materials had been the weakest sector, down 2.51%. Gold miners were being bid up on higher spot prices, the ABC reported in the same post. December gold futures were up 1.41% by late afternoon (see Commodities and Currency below).

All four major banks fell. Commonwealth Bank (ASX: CBA) fell 0.92% to A$165.97, National Australia Bank (ASX: NAB) 1.37% to A$39.45 and Westpac (ASX: WBC) 0.59% to A$36.81. ANZ opened higher and then fell as investors looked deeper into its numbers and commentary, the ABC reported at 1:56pm. ANZ's cash profit, the bank's preferred measure, was A$7,591 million, up 31%, as covered in this morning's edition. A first review by J.P. Morgan banking analyst Andrew Triggs found cash profit about 1% above his expectation, the ABC reported. UBS banking analyst John Storey called it an "in-line" earnings outcome and said the result included "an around 40bps miss on CET1", the bank's core capital ratio, the ABC reported. A basis point (bp) is one hundredth of a percentage point.

Shopping centre owner Scentre Group (ASX: SCG) fell 4.43% to A$3.45. The ABC described it at 11:19am as the landlord of David Jones. The department store went into voluntary administration and receivership last week, the ABC reported. Stockland (ASX: SGP) fell 3.48% to A$4.44.

Blue Chips (above A$1 billion)

These are Samso's size bands, set by market value at Friday's close. They are not the same as the Small Ordinaries index. Turnover is the dollar value of shares traded. Where no announcement is named, the company lodged none with the ASX between 4:00pm on Friday and the close today.

Paladin Energy rose 10.86% to A$8.27, on turnover of A$34.3 million. Benz Mining (ASX: BNZ) rose 10.24% to A$4.52. Its only announcement was a notice of changes in directors' interests lodged at 4:16pm on Friday. The Star Entertainment Group (ASX: SGR) rose 9.68% to A$0.17. It lodged a notice of change in a substantial shareholding, a holding of 5% or more, at 4:10pm on Friday. EQ Resources (ASX: EQR) rose 8.93% to A$0.305, Catalyst Metals (ASX: CYL) 8.82% to A$4.44, Sunrise Energy Metals (ASX: SRL) 8.72% to A$12.59 and Minerals 260 (ASX: MI6) 8.00% to A$0.81.

Ventia Services fell 16.23% to A$4.80, on turnover of A$43.8 million. It said trading in Telecommunications and Energy remains challenging, and that group revenue in the second half of FY26 is expected to be below the same half last year. It still expects underlying growth of 7% to 10% in NPATA, its net profit before amortisation of acquired intangibles, excluding about A$30 million of one-off costs. It plans annualised cost savings of at least A$60 million by December 2027. Dyno Nobel fell 10.99% to A$3.40 on the day it reported its FY26 result. It made a statutory net profit of A$66 million, against a A$53 million loss in FY25. Profit excluding individually material items fell to A$331 million from A$423 million. It gave FY27 guidance, its own forecast, of about A$515 million to A$555 million in underlying earnings before interest and tax. The final dividend is 5.0 cents a share.

Lendlease (ASX: LLC) fell 5.43% to A$2.44. It said the sale of its interest in the MSG North development in Milan was terminated, so it will not receive about A$90 million it expected in the first half of FY27. If no other deal is finalised by 31 December 2026, it is likely to have to fund about A$160 million of project obligations in that half. Eagers Automotive (ASX: APE) fell 4.99% to A$15.41. Its only announcement was an update on its share buy-back.

Mid Caps (A$500 million to A$1 billion)

Uranium companies led the mid caps. Silex Systems (ASX: SLX) rose 12.12% to A$3.33, Boss Energy (ASX: BOE) 10.71% to A$1.55 and Deep Yellow (ASX: DYL) 10.60% to A$0.835. None of the three, nor Paladin, lodged an ASX announcement, and Samso found no published reason for the group's rise. Samso's research on Boss Energy is at Boss Energy, uranium producer with a valuation gap.

Brightstar Resources (ASX: BTR) rose 10.57% to A$0.68. Its only announcements were notices on the issue and quotation of securities lodged on Friday evening. Samso's three-part Brightstar Resources research workup covers the company. Core Lithium (ASX: CXO) rose 8.70% to A$0.25.

Mid cap falls were small. The largest fall in the band on more than A$1 million of turnover was Emeco Holdings (ASX: EHL), down 3.10% to A$1.25. Its only announcement was an update on its share buy-back. Temple & Webster Group (ASX: TPW) fell 2.94% to A$5.94.

Small Caps (A$150 million to A$500 million)

Actinogen Medical (ASX: ACW) rose 17.07% to A$0.048. After the close, at 4:31pm, it lodged a response to an ASX price query saying it is not aware of any unannounced information that could explain the trading. It pointed to its 21 October announcement that topline results from its XanaMIA Alzheimer's disease trial are expected in mid-November. Andean Silver (ASX: ASL) rose 16.20% to A$1.65 on the day it reported new high-grade drill results at its Cerro Bayo silver-gold project in Chile. DUG Technology (ASX: DUG) rose 14.09% to A$1.66. It announced a four-year software and high-performance computing award worth US$33.7 million with a national oil company it did not name. Broken Hill Mines (ASX: BHM) rose 13.25% to A$0.47. It reported a maiden Exploration Target, an estimate of a possible range of tonnes and grade that the company says is conceptual in nature, for its Centenary zone near its Rasp mine. Astral Resources (ASX: AAR) rose 14.81% to A$0.155 and Medallion Metals (ASX: MM8) 14.47% to A$0.435.

Titomic (ASX: TTT) fell 9.78% to A$0.083. After the close it applied for quotation of new securities. Challenger Gold (ASX: CEL) fell 6.25% to A$1.50. Myer Holdings (ASX: MYR) fell 4.00% to A$0.24 on the day it lodged its annual report and notice of annual general meeting.

Micro Caps (below A$150 million)

Immutep (ASX: IMM) rose 23.81% to A$0.026. It reported Phase I data for its IMP761 antibody showing statistically significant inhibition of T-cell immune responses in healthy volunteers. Lumos Diagnostics (ASX: LDX) rose 21.67% to A$0.073. It said US urgent care network WellStreet is adding its FebriDx test, used for patients with acute respiratory infection symptoms, at 97 more locations. It expects the test to reach all of WellStreet's more than 200 locations by 31 December 2026. Falcon Metals (ASX: FAL) rose 19.44% to A$0.43 and Australian Mines (ASX: AUZ) 17.86% to A$0.165.

Gold Hydrogen (ASX: GHY) fell 22.09% to A$0.335 and Alvo Minerals (ASX: ALV) 11.11% to A$0.064. Dalaroo Metals (ASX: DAL) fell 8.00% to A$0.115 on the day it reported more gold intersections on the northernmost section of its Wilfred target at Bondoukou Gold Ridge, about 1.25km from its first high-grade discovery there, where it is still exploring.

Commodities and Currency

December gold futures were at US$4,132.20 an ounce at 4:23pm AEDT, 1.41% above Friday's close of US$4,074.90. December copper futures in New York were at US$6.343 a pound, 2.01% above Friday's close of US$6.218. January Brent crude futures were at US$97.46 a barrel, 0.87% below Friday's close of US$98.32. December West Texas Intermediate, the US crude benchmark, was at US$90.58, down 0.28% (Yahoo Finance data). Oil fell early in the day and then began to creep higher, the ABC reported at 2:23pm, citing Reuters. It said US President Donald Trump had told CNN that new attacks on Iran were "highly unlikely" to be necessary. Samso found no dated iron ore price for Monday. On Friday it fell 0.7% to US$92.40 a tonne, the ABC reported.

The Australian dollar was at 68.95 US cents at 4:33pm AEDT, up from 68.90 US cents at 4:31pm on Friday, and at 109.09 yen (Yahoo Finance data). In Asia, Japan's Nikkei 225 was up 2.73% at 4:18pm AEDT, with Tokyo still trading (Samso's arithmetic on Yahoo Finance data).

Reserve Bank assistant governor Sarah Hunter spoke on artificial intelligence and the economy this morning. She said the Reserve Bank's estimates of realised data centre investment in Australia had risen 10-fold from a very low base over the past three years, and there was limited evidence so far that AI had materially lifted productivity, the ABC reported. The Reserve Bank also released four staff research papers on AI. China's producer prices rose 5.7% in October from a year earlier, and consumer prices rose 0.7%, the ABC reported, citing Reuters.

Samso Concluding Comments

The ASX 200 rose 0.10%, with Materials up 2.88% and every major bank down. ANZ fell 3.20% on the day of its result, and Ventia and Dyno Nobel had the two biggest blue chip falls on the days of their releases. Uranium companies had some of the largest gains in two size bands, with no company announcement behind them. The NAB business survey and the Westpac consumer confidence index are due on Tuesday, and US consumer price figures for October follow on Tuesday, US time.

This morning's pre-market edition is below. Friday's update is at ASX today, Nine Entertainment up 11.64% on AGM day.

General information only. This is not financial advice.

Samso Market Update | Monday, 9 November 2026 | Pre-market 9:45am AEDT

On the ASX today, S&P/ASX 200 futures pointed to a slightly higher open. They rose 0.2% to 9,036 points by the time trading stopped early on Saturday morning, AEDT, the ABC reported. ASX 200 futures, also called SPI futures, are contracts on the ASX 200 that settle against the index on a set later date. The Australian dollar was buying 68.79 US cents at 7:45am AEDT (Yahoo Finance data). Wall Street finished mixed on Friday. The Nasdaq Composite rose 1.09% and the Dow fell 0.46%. Most of the buying was in AI-related shares, the ABC reported.

The S&P/ASX 200 closed on Friday at 9,020.8, down 44.3 points or 0.49%. The All Ordinaries, which tracks the 500 largest listed companies, fell 0.66% to 9,144.7. The S&P/ASX Small Ordinaries, an index of the companies ranked 101 to 300 by size, fell 2.23% to 3,199.3 (Yahoo Finance data). Over the week the ASX 200 rose 1.27% (Samso's arithmetic on Yahoo Finance data).

ASX today: Key Highlights

• ASX 200 futures rose 0.2% to 9,036 points in trading to early Saturday morning, AEDT, the ABC reported.

• The Philadelphia Semiconductor Index, which tracks chip makers' shares, rose 4.21% on Friday after falling 12.25% on Thursday. AMD rose 11.04% and Nvidia 2.78% (Yahoo Finance data).

• The US economy added 165,000 jobs in October, more than double the 65,000 economists had forecast, and the unemployment rate fell to 4.1%, Morningstar reported.

• Japan's Nikkei 225 fell 5.96% on Friday and 9.25% over the week (Samso's arithmetic on Yahoo Finance data). South Korea's Kospi fell 6.02%.

• ANZ Group Holdings (ASX: ANZ) reported cash profit of A$7,591 million for the year to 30 September, up 31%, or up 10% excluding the previous year's significant items. Its full-year dividend is unchanged at 166 cents a share, slightly below expectations, the ABC reported.

• Reserve Bank assistant governor Sarah Hunter speaks at 9:30am AEDT, and China's October consumer and producer price figures are due at 12:30pm AEDT.

Wall Street overnight

The Dow Jones Industrial Average fell 0.46%, or 237 points, on Friday to 51,285.73. The S&P 500 rose 0.31% to 7,376.86 and the Nasdaq Composite rose 1.09% to 24,579.43. The Russell 2000, an index of smaller US companies, rose 0.89% to 2,754.11 (Yahoo Finance data). Over the week the S&P 500 fell 2.68%, the Nasdaq 3.37% and the Dow 0.94% (Samso's arithmetic on Yahoo Finance data).

The Philadelphia Semiconductor Index rose 4.21% to 9,390.25. AMD rose 11.04% to US$449.04, Micron Technology 5.12% to US$690.00 and Nvidia 2.78% to US$186.64 (Yahoo Finance data). On Thursday the Nasdaq Composite had its largest one-day fall in 19 months, on worries that newly elected Democrats would slow data centre construction, Reuters and Morningstar reported. Gerry Sparrow, a portfolio manager at Sparrow Capital Management, told Reuters that "most of the disruption of the AI buildout will not probably occur but it's just the uncertainty of the change in government". The ABC carried his comments.

The October jobs report from the Bureau of Labor Statistics showed 165,000 jobs added, more than double the 65,000 economists had forecast, Morningstar reported. The unemployment rate fell to 4.1% from 4.2%, and job gains for August and September were revised up by a combined 84,000. Average hourly earnings rose 0.4% in the month, Morningstar reported, above the 0.3% forecast published by Trading Economics. Markets were pricing about a 78% chance that the Federal Reserve would raise its policy rate by a quarter point at its 8 to 9 December meeting, up from about 67% on Thursday, Reuters reported.

The Cboe Volatility Index, known as the VIX, uses S&P 500 option prices to measure the swings investors expect over the next 30 days. It closed on Friday at 25.64 (Yahoo Finance data).

The US 10-year Treasury yield was 4.859% at 2:59pm New York time on Friday, up 2.2 basis points from 4.837% on Thursday (Yahoo Finance data). A Treasury is US government debt. The yield is the yearly return from buying that debt at today's price and holding it until it is repaid, and a basis point is one hundredth of a percentage point. The 10-year yield rose as much as 6 basis points to 4.9% after the jobs report, Trading Economics reported.

Nvidia said it is starting an independent investigation after a media report about its chief executive, Jensen Huang, the ABC reported at 8:15am AEDT.

The US-listed shares of BHP Group (ASX: BHP) rose 1.67%, and those of Rio Tinto's London-listed arm, Rio Tinto plc, rose 0.69%, in US dollars (Yahoo Finance data).

Japan and Asia

The Nikkei 225 closed on Friday at 57,434.77, down 5.96% from Thursday's close and 9.25% lower over the week (Samso's arithmetic on Yahoo Finance data). It was the index's worst week since March 2020, Trading Economics reported, with technology shares leading the fall. Data showed nominal wages in Japan rising at their fastest pace in nearly three decades, which strengthened expectations of a Bank of Japan rate rise in December, Trading Economics reported. South Korea's Kospi fell 6.02% to 5,059.69. An automatic halt, called a circuit breaker, stopped trading for 20 minutes shortly after the open, Trading Economics reported. Hong Kong's Hang Seng fell 1.27% to 24,481.86 and the Shanghai Composite fell 1.10% to 3,649.18 (Yahoo Finance data). Chinese shares still rose 1.7% over the week, the ABC reported. All four markets closed before the New York session began on Friday, so their falls came before the US chip rebound and the jobs report.

London and Europe

London's FTSE 100 fell 1.01% on Friday to 10,673.90. Germany's DAX fell 1.92% to 25,820.36 and France's CAC 40 fell 0.81% to 8,139.00 (Yahoo Finance data). Losses in Frankfurt were broad, led by insurers, chemical companies, software makers and banks, Trading Economics reported. German industrial production rose 0.7% in September, above forecasts of no change, Trading Economics reported. European shares still gained 0.6% over the week, the ABC reported.

Currencies

The Australian dollar was at 68.79 US cents at 7:45am AEDT, down from 68.90 US cents at 4:31pm AEDT on Friday (Yahoo Finance data). It ended last week down 2.3%, at its lowest level since March, the ABC reported. It was buying 108.74 yen at 7:46am AEDT, and the US dollar was buying 158.33 yen at 7:29am AEDT. The US dollar index, which measures the US dollar against a basket of six major currencies, was at 102.28 late on Friday, New York time, up 0.72% from Thursday's close of 101.55 (Yahoo Finance data). The jobs figures kept a December rate rise by the Federal Reserve "very much in play" and drove the US dollar higher, the ABC reported.

Commodities

December gold futures ended Friday's New York session at US$4,074.90 an ounce. That was 0.94% below Thursday's close of US$4,113.50, and above US$4,047.40 at 4:22pm AEDT on Friday, shortly after the ASX closed. December silver futures ended the session at US$51.94 an ounce, 0.56% below Thursday's close of US$52.23 (Yahoo Finance data). Spot gold slipped 0.1%, and higher rates and a stronger US dollar weighed on it, the ABC reported.

December copper futures in New York ended Friday's session at US$6.238 a pound, 0.18% below Thursday's close of US$6.249 (Yahoo Finance data). Copper, on the ABC's per-tonne measure, fell to its lowest level since July, the ABC reported, with traders weighing a slower rollout of data centres.

January Brent crude futures, the international oil benchmark, ended Friday's session at US$98.32 a barrel, up 0.03% from Thursday's close of US$98.29. December West Texas Intermediate, the US benchmark, was at US$90.83, up 0.34% from US$90.52 (Yahoo Finance data). Iraq's foreign minister told Al Jazeera that Iraq had reached understandings with the United States to allow its oil exports through the Strait of Hormuz, the ABC reported, citing Reuters.

Iron ore fell 0.7% to US$92.40 a tonne on Friday, the ABC reported in its market snapshot at 6:47am AEDT.

ANZ results and Australian company news

ANZ Group Holdings reported statutory profit of A$7,270 million for the year to 30 September 2026, up 23%, or up 4% excluding the previous year's significant items. Cash profit, the measure ANZ reports on, leaves out what it calls non-core items in statutory profit. It was A$7,591 million, up 31%. Excluding the previous year's significant items, cash profit rose 10%. So most of the 31% rise reflects significant items that lowered the previous year's profit (Samso's arithmetic on ANZ's figures).

The final dividend is 83 cents a share. Franking rose to 80% from 75% on the interim dividend, and the full-year dividend is unchanged at 166 cents. Cash profit was slightly ahead of the analysts' consensus forecast and the dividend slightly below expectations, the ABC reported. The common equity tier 1 ratio, the bank's core capital measured against its risk-weighted assets, was 11.99%, down 4 basis points from 30 September 2025. The total credit impairment charge was A$582 million, up 32%. Within it, the collective provision charge, the amount added this year to provisions for expected loan losses, rose A$108 million to A$222 million. ANZ said higher interest rates and cost of living pressures are making conditions more challenging for customers.

Ingenia Communities Group (ASX: INA) said after Friday's close that its board considers the further revised, non-binding proposal from Warburg Pincus and its co-investors, announced earlier on Friday, is or could reasonably become a superior proposal under its process deed with AVID Property Group, which it was already in talks with. The proposal is A$5.55 cash a security plus any Ingenia distribution for the half year to 31 December of up to A$0.05, a total of up to A$5.60. AVID has until Tuesday, 10 November to make a matching or better proposal. Ingenia said there is no certainty that any binding offer or transaction will eventuate.

Other releases lodged with the ASX between 8:13am and 8:33am AEDT include these. Northern Star Resources (ASX: NST) said gold production at its KCGM operation was below plan in October, at 15,300 ounces, while commissioning of the expanded processing plant continues. KCGM production is tracking towards the lower end of its guidance range of 550,000 to 650,000 ounces, and FY27 group guidance is unchanged at 1.50 million to 1.65 million ounces of gold sold. Dyno Nobel (ASX: DNL) reported underlying EBIT from its explosives business, excluding individually material items, of A$485 million for the year to 30 September, up 12%, and a final dividend of 5.0 cents a share, 50% franked. Regis Resources (ASX: RRL) said a contract worker was fatally injured at its Duketon South operation on Friday, 6 November. All Duketon operations except the Rosemont process plant, where the incident occurred, have resumed.

Today's diary

All times AEDT.

• 9:30am. Reserve Bank assistant governor Sarah Hunter speaks at the UBS Australasia Conference in Sydney.

• 11:30am. The Australian Bureau of Statistics releases small-area data for Building Approvals, Australia, September 2026. No other major Australian economic release is listed for today.

• 12:30pm. China's consumer price index and producer price index for October. Annual consumer inflation was 0.9% in September, Trading Economics reported.

• Tuesday, 10:30am. Westpac's consumer confidence index for November.

Samso Concluding Comments

US chip makers rebounded on Friday, the US jobs report beat forecasts and ASX 200 futures pointed slightly higher. Markets lifted the odds of a US rate rise in December to about 78%, Reuters reported. Samso will watch how bank shares respond to ANZ's result. Sarah Hunter speaks at 9:30am and China's inflation figures are due at 12:30pm. The Tokyo and Seoul sessions will show whether Friday's falls in Japan and South Korea continue.

Friday's update is at ASX today, Nine Entertainment up 11.64% on AGM day, and Thursday's is at ASX today, NEXTDC up 50.84%, NAB share price off 5.37%.

General information only. This is not financial advice.