ASX today, Monadelphous up 15.30%, Life360 down 15.32%
Updated: 11 minutes ago
Samso Market Update | Tuesday, 10 November 2026 | Market close 4:30pm AEDT
On the ASX today, the S&P/ASX 200 closed at 9,129.0, up 99.3 points or 1.10%. It traded between 9,029.7 and 9,159.8 during the day (Yahoo Finance data). Industrials was the strongest sector, up 2.31%, and Utilities the weakest, down 0.38%. The All Ordinaries, which tracks the 500 largest listed companies, rose 1.14% to 9,267.8. The S&P/ASX Small Ordinaries, an index of the companies ranked 101 to 300 by size, rose 2.29% to 3,305.0.
ASX today: Key Highlights
The ASX 200 rose 1.10% to 9,129.0, and the Small Ordinaries 2.29% (Yahoo Finance data).
Industrials rose 2.31% and Real Estate 2.23%. Utilities fell 0.38% and Consumer Staples 0.20%, the only two of the 11 ASX 200 sectors to fall (Yahoo Finance data).
Monadelphous Group (ASX: MND) rose 15.30% to A$32.63 on the day it forecast first-half net profit after tax of A$80 million to A$85 million.
Life360 (ASX: 360) fell 15.32% to A$18.91 on the day it reported its September quarter result. Superloop (ASX: SLC) fell 10.18% on the day it gave FY27 guidance.
Of the 1,488 companies that traded on the ASX today and have a market value on the ASX, 770 rose, 355 fell and 363 were unchanged (Samso's count of ASX data).
The Westpac-Melbourne Institute consumer sentiment index fell 2.7% to 78.2 in November, and the NAB business conditions index fell 1 point to -2 in October (Westpac, Reuters).
ASX 200 today, lower oil prices and a broad rise
Lower oil prices eased inflation concerns and supported broader market sentiment, the ABC reported at 12:11pm. The same post said risk appetite was lifted by US President Donald Trump playing down the chance of renewed strikes on Iran. January Brent crude futures settled at US$92.57 a barrel on Monday, New York time, down from US$98.32 on Friday (Yahoo Finance data).
Qantas Airways (ASX: QAN) rose 6.34% to A$9.90, on turnover of A$103.5 million. Turnover is the dollar value of shares traded. The ABC reported that Qantas plans to cut 850 roles over the coming years, and that it has a partnership with Accenture under which most of the first phase of work will move to India. Qantas shares were up 3.7% at 12:24pm after the Accenture announcement, the ABC reported. Qantas lodged no ASX announcement between 4:00pm on Monday and the close today.
Real Estate rose 2.23%, and Goodman Group (ASX: GMG) rose 3.41% to A$29.13. Miners were aided by a rebound in copper prices, the ABC reported at 12:11pm. BHP Group (ASX: BHP) rose 1.13% to A$59.87 and Northern Star Resources (ASX: NST) 2.98% to A$26.62. Materials rose 1.48%. Three of the four major banks rose. Commonwealth Bank (ASX: CBA) rose 1.82% to A$168.99, Westpac (ASX: WBC) 1.22% and ANZ Group Holdings (ASX: ANZ) 1.00%. National Australia Bank (ASX: NAB) fell 0.76% to A$39.15.
Blue Chips (above A$1 billion)
These are Samso's size bands, set by market value at Monday's close. They are not the same as the Small Ordinaries index. Where no announcement is named, the company lodged none with the ASX between 4:00pm on Monday and the close today.
Monadelphous rose 15.30% to A$32.63, on turnover of A$22.8 million. The engineering company forecast revenue of about A$1.7 billion for the half year to 31 December 2026 and net profit after tax of A$80 million to A$85 million. It said it has won A$830 million in new contracts since 1 July 2026, and that activity will moderate in the second half as current work is completed. Ora Banda Mining (ASX: OBM) rose 7.19% to A$1.64 and Metals X (ASX: MLX) 7.14% to A$1.725. Megaport (ASX: MP1) rose 6.40% to A$18.45 and SRG Global (ASX: SRG) 6.36% to A$3.51.
Life360 fell 15.32% to A$18.91, on turnover of A$82.8 million. It reported September quarter revenue up 40% from a year earlier to US$174.1 million, and a third-quarter record of 188,000 net new Paying Circles, its paying family groups, taking the total to 3.4 million. The market "isn't quite ready to give it credit", the ABC quoted eToro analyst Josh Gilbert as saying at 10:48am. Superloop fell 10.18% to A$2.47. It gave FY27 guidance of A$148 million to A$156 million in underlying EBITDA, its earnings before interest, tax, depreciation and amortisation, up 21% to 27% on FY26. Tamboran Resources (ASX: TBN) fell 4.65% to A$0.205. Xero (ASX: XRO) fell 1.35% to A$69.63.
Ingenia Communities Group (ASX: INA) rose 1.54% to A$5.28. It said AVID Property Group used its right to match a rival proposal and lifted its non-binding proposal to A$5.55 cash a stapled security, matching the Warburg Pincus proposal. With a permitted distribution of up to 5 cents, holders would receive up to A$5.60. Ingenia closed below the A$5.55 proposal price. Ingenia's board said AVID's proposal would give an equal or superior outcome to the Warburg Pincus proposal, so its process deed with AVID stays in place. The board has not said it will recommend the AVID proposal, and said there is no certainty that a binding offer will follow.
Mid Caps (A$500 million to A$1 billion)
Lindian Resources (ASX: LIN) rose 17.11% to A$0.445, on turnover of A$8.1 million. It signed a binding offtake term sheet, an agreement to sell future output, for monazite concentrate from its Kangankunde rare earths project in Malawi. It covers 10,000 dry tonnes a year in the first stage and 20,000 dry tonnes a year in the second. The buyer is a refining group it did not name. It expects its first shipment from Nacala Port in January 2027. IperionX (ASX: IPX) rose 14.88% to A$2.47, Weebit Nano (ASX: WBT) 9.25% to A$2.48 and Temple & Webster Group (ASX: TPW) 8.08% to A$6.42. Brightstar Resources (ASX: BTR) rose 5.15% to A$0.715 on the day it said construction at its Goldfields project was on schedule and on budget, with first gold on track for June 2027. Samso's three-part Brightstar Resources research workup covers the company.
Nuix (ASX: NXL) fell 10.29% to A$1.70, on turnover of A$3.6 million. The next largest fall in the band was New Murchison Gold (ASX: NMG), down 3.28% to A$0.059.
Small Caps (A$150 million to A$500 million)
Havilah Resources (ASX: HAV) rose 11.97% to A$0.795 and Elementos (ASX: ELT) 11.11% to A$0.40. Broken Hill Mines (ASX: BHM) rose 10.64% to A$0.52. It rose 13.25% on Monday, on the day it reported an Exploration Target for its Centenary zone. Gorilla Gold Mines (ASX: GG8) rose 10.00% to A$0.275. Elsight (ASX: ELS) rose 9.31% to A$1.585, on turnover of A$6.3 million. Its only announcement was a notice on Monday evening that a holder had ceased to be a substantial holder, meaning one with 5% or more of the shares. St George Mining (ASX: SGQ) rose 8.77% to A$0.062 on the day it lodged an investor presentation.
Starpharma Holdings (ASX: SPL) fell 8.89% to A$0.41, Lindsay Australia (ASX: LAU) 4.90% to A$0.68 and ioneer (ASX: INR) 4.00% to A$0.096.
Micro Caps and penny stocks (below A$150 million)
FortifAI (ASX: FTI) rose 30.61% to A$0.32, on turnover of A$1.2 million. Its only announcement was a notice of cessation of securities. EBR Systems (ASX: EBR) rose 22.22% to A$0.165. In its September quarter report it said 40 commercial implants of its WiSE wireless cardiac pacing system were completed in the quarter, and a proposed US Medicare coverage decision is expected in early December 2026. Its chief executive said commercial implant numbers were below expectations, particularly in September. Gold Hydrogen (ASX: GHY) rose 19.40% to A$0.40. It fell 22.09% on Monday. Terra Metals (ASX: TM1) rose 13.79% to A$0.165. It reported 31.9m, measured down the drill hole, at 3.96g/t 3E, a combined grade of platinum, palladium and gold, from drilling at its Southwest discovery in the West Musgrave region of Western Australia.
Golden Deeps (ASX: GED) fell 21.05% to A$0.030, a move of 0.8 cents from A$0.038. It reported rock chip samples, rock collected at the surface rather than drilled, of up to 680g/t silver at its South Ridge prospect in Namibia, where it is still exploring. Syntara (ASX: SNT) fell 15.79% to A$0.016. It said it paused recruitment in the Phase 1b study of its SNT-9465 skin scarring treatment following reports of mild to moderate skin irritation in some patients. Fulcrum Lithium (ASX: FUL) fell 16.67% to A$0.05.
Commodities and Currency
December gold futures were at US$4,130.10 an ounce at 4:23pm AEDT, 0.38% above Monday's close of US$4,114.50. December copper futures in New York were at US$6.37 a pound, 0.63% above Monday's US$6.33. January Brent crude futures were at US$91.52 a barrel, 1.13% below Monday's settlement of US$92.57. December West Texas Intermediate, the US crude benchmark, was at US$85.78, down 1.23% from US$86.85 (Yahoo Finance data). Iron ore was up 0.1% at US$93.05 a tonne at around 12:45pm AEDT, the ABC reported.
The Australian dollar was at 69.27 US cents at 4:33pm AEDT, up from 68.95 US cents at 4:33pm on Monday, and at 109.36 yen (Yahoo Finance data). Japan's Nikkei 225 was up 2.69% at 60,357.62 at 4:18pm AEDT, with Tokyo still trading (Samso's arithmetic on Yahoo Finance data).
The Westpac-Melbourne Institute consumer sentiment index fell 2.7% to 78.2 in November from 80.4 in October, Westpac reported. Westpac described it as a four-year low. The NAB business conditions index fell 1 point to -2 in October, its lowest since August 2020, and business confidence fell 1 point to -15, Reuters reported. The Reserve Bank cash rate is 4.85% after five rises this year, Reuters reported.
Samso Concluding Comments
The ASX 200 rose 1.10% and the Small Ordinaries 2.29%, with nine of the 11 sectors higher. The ABC pointed to lower oil prices and to US President Donald Trump playing down the chance of renewed strikes on Iran. Monadelphous rose 15.30% and Life360 fell 15.32% on the days of their releases. Westpac's consumer survey and the NAB business survey both fell. US consumer price figures for October are due overnight, Australian time, as listed in this morning's edition.
This morning's pre-market edition is below. Monday's update is at ASX today, Ventia down 16.23%, Paladin up 10.86%.
General information only. This is not financial advice.
Samso Market Update | Tuesday, 10 November 2026 | Pre-market 9:45am AEDT
On the ASX today, S&P/ASX 200 futures were up 1%, or 87 points, at 9,135 at around 7:15am 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. Their level differs from the index because they price that later date, so the 87-point move is the guide to the open. The Australian dollar was buying 69.29 US cents at 8:11am AEDT (Yahoo Finance data). On Wall Street on Monday, the S&P 500 gained 2.35% and the Nasdaq Composite 2.74%, while Nvidia fell 4.27%. Brent crude fell 5.54% (Yahoo Finance data). A drop in oil prices tempered inflation fears and helped the S&P 500 rise, Reuters reported.
The S&P/ASX 200 closed on Monday at 9,029.7, up 8.9 points or 0.10%. 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 (Yahoo Finance data).
ASX today: Key Highlights
ASX 200 futures were up 87 points, or 1%, at 9,135 at around 7:15am AEDT, the ABC reported.
The S&P 500 rose 2.35% on Monday and the Philadelphia Semiconductor Index, which tracks chip makers' shares, rose 6.85% (Yahoo Finance data).
Nvidia fell 4.27%. It has an internal investigation into whether a foreign intelligence effort targeted its chief executive, Jensen Huang, Reuters reported.
January Brent crude futures fell 5.54% to US$92.87 a barrel (Yahoo Finance data).
Markets were pricing an 81% chance of a US Federal Reserve rate rise in December, ahead of US consumer price figures for October at 12:30am AEDT on Wednesday.
Westpac's consumer confidence index is due at 10:30am AEDT and the NAB business survey at 11:30am AEDT.
Wall Street overnight
The Dow Jones Industrial Average rose 2.15%, or 1,104 points, on Monday to 52,389.75. The S&P 500 rose 2.35% to 7,549.94 and the Nasdaq Composite rose 2.74% to 25,253.14. The Russell 2000, an index of smaller US companies, rose 3.17% to 2,841.49 (Yahoo Finance data). All 11 major S&P 500 sectors rose, led by industrials and consumer discretionary, Reuters reported.
The Philadelphia Semiconductor Index rose 6.85% to 10,033.93. AMD rose 13.26% to US$508.58 and Micron Technology 6.25% to US$733.15. Nvidia fell 4.27% to US$178.67 (Yahoo Finance data), and was the only stock in the chip index to fall, Reuters reported. Nvidia has an internal investigation into whether a foreign intelligence effort targeted Jensen Huang, Reuters reported. Nvidia's board said it has "no reason to believe" that national security or Nvidia secrets were compromised, the Associated Press reported. China's foreign ministry called the allegations "nothing but smears against China", the Associated Press also reported.
Last week the S&P 500 had its biggest weekly fall since April 2025, after the Democrats' wins in the US midterm elections raised concerns that new rules could dent the AI trade, Reuters reported. Reuters also reported that Morgan Stanley and UBS said last week's fall in AI stocks was overdone. Lower oil prices helped airline and cruise shares, the Associated Press reported, with United Airlines up 6.6% and Carnival 3.6% in late-morning New York trade.
The VIX was at 20.02 late on Monday, New York time, down from 25.64 on Friday (Yahoo Finance data). 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. A lower reading means investors expect calmer trading.
The US 10-year Treasury yield was 4.864% at 2:59pm New York time on Monday, up 0.5 basis points from 4.859% on Friday (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 CME FedWatch tool showed an 81% chance of a Federal Reserve rate rise in December, Trading Economics reported. In plain terms, markets expect US interest rates to go up next month.
The US-listed shares of BHP Group (ASX: BHP) rose 3.73%, and those of Rio Tinto plc, the London-listed arm of Rio Tinto, rose 3.16%, in US dollars (Yahoo Finance data).
Japan and Asia
The Nikkei 225 closed on Monday at 58,775.50, up 2.33% from Friday's close (Samso's arithmetic on Yahoo Finance data). Banks, retailers and car makers led the rise, Trading Economics reported. Last week the index fell more than 9%, its steepest weekly fall since March 2020, Trading Economics reported. South Korea's Kospi fell 0.81% to 5,018.85, its third fall in a row, Trading Economics reported. Hong Kong's Hang Seng fell 0.13% to 24,448.95 and the Shanghai Composite rose 0.32% to 3,660.79 (Samso's arithmetic on Yahoo Finance data). These markets closed before the New York session began.
London and Europe
London's FTSE 100 rose 1.02% on Monday to 10,782.87. Germany's DAX rose 1.73% to 26,267.19 and France's CAC 40 rose 1.16% to 8,233.30 (Yahoo Finance data). Mining shares led the FTSE, tracking higher gold and copper prices, while Shell and BP fell with crude oil, Trading Economics reported. UK employers cut back hiring in October for the first time in four months, a survey by the Recruitment and Employment Confederation and KPMG showed, Trading Economics reported.
Currencies
The Australian dollar was at 69.29 US cents at 8:11am AEDT, up from 68.95 US cents at 4:33pm AEDT on Monday (Yahoo Finance data). It was buying 109.36 yen, and the US dollar was buying 157.93 yen. The US dollar index, which measures the US dollar against a basket of six major currencies, was at 101.67 late on Monday, New York time, down 0.62% from Friday's close of 102.30 (Yahoo Finance data).
Commodities
The futures prices below were taken in trading after Monday's settlement, the exchange's official end-of-day price, and are compared with Friday's close for the same contract month (Yahoo Finance data).
December gold futures were at US$4,148.70 an ounce, 1.81% above Friday's close of US$4,074.90. December silver futures were at US$53.34 an ounce, 2.96% above Friday's US$51.80. Gold rose as falling oil prices eased inflation concerns, Trading Economics reported.
December copper futures in New York were at US$6.376 a pound, 2.54% above Friday's close of US$6.218. Signs of tighter supply in China supported prices, Trading Economics reported, with copper stocks in Shanghai Futures Exchange warehouses falling last week to their lowest since early January 2024.
January Brent crude futures, the international oil benchmark, were at US$92.87 a barrel, down 5.54% from Friday's close of US$98.32. December West Texas Intermediate, the US benchmark, was at US$87.09, down 4.12% from US$90.83. Brent fell to its lowest level since 31 August, Trading Economics reported. US President Donald Trump told CNN a resumption of strikes on Iran is "highly unlikely" if the US sees progress in negotiations, the Associated Press reported. US Secretary of State Marco Rubio played down expectations for progress in talks with Iran, Trading Economics reported.
Iron ore was flat at US$92.71 a tonne, the ABC reported in its market snapshot at around 7:15am AEDT.
Australian company news
Virgin Australia (ASX: VGN) reaffirmed its outlook after Monday's close. It expects underlying earnings before interest and tax for the first half of FY27, the six months to 31 December 2026, to be broadly in line with the same half a year earlier. It expects fuel costs of about A$700 million for the half. Hedging fixes part of the price in advance, and for the rest of the half Virgin has hedged 96% of its Brent crude exposure and 30% of its refining margin exposure. It said fuel costs are expected to be higher in the second half than the first, based on fuel prices for future delivery as of 5 November and lower hedging, with 85% of its second-half Brent exposure hedged.
NEXTDC (ASX: NXT) chief executive Craig Scroggie told the UBS Australasia Conference on Monday that winning community support for its delayed M3 project was now the top priority, the ABC reported. He said "anything that didn't have a customer contract and a customer commitment that we absolutely have to deliver on is now no longer a priority." Goodman Group and Digital Realty bought a 9.9% stake in NEXTDC last week. They said they had no plans at the moment to launch a takeover offer but reserved the right to do so, the ABC reported.
Ingenia Communities Group (ASX: INA) said on Friday that a further revised, non-binding Warburg Pincus proposal of up to A$5.60 cash a stapled security is or could reasonably be considered to become a superior proposal. Under Ingenia's process deed with AVID Property Group, the agreement covering its talks with AVID, Ingenia must give AVID the chance to match a rival proposal before it can sign a process deed with Warburg Pincus or end the AVID deed. Ingenia invited AVID to make a matching or superior counterproposal on or before today, Tuesday 10 November.
Releases lodged with the ASX between 8:15am and 8:35am AEDT include Superloop (ASX: SLC) "Trading update and FY27 Guidance", Monadelphous Group (ASX: MND) "Monadelphous Business Update", Life360 (ASX: 360) "Life360 Reports Q3 2026 Results", Aurizon Holdings (ASX: AZJ) "Aurizon Business Update", OFX Group (ASX: OFX) "1H27 Results Announcement" and Brightstar Resources (ASX: BTR) "Goldfields Project development on schedule and on budget". Samso has not reviewed their content for this edition.
Today's diary
All times AEDT.
Samso Concluding Comments
A drop in oil prices eased inflation worries and helped Wall Street rise, Reuters reported, and every major S&P 500 sector gained. Samso will watch whether miners and technology shares lead on the ASX, how energy shares respond to the oil fall, and NEXTDC after its chief executive's comments. Consumer confidence and the NAB business survey are due this morning. US inflation figures follow overnight and could shift the odds of a December Federal Reserve rate rise.
Monday's update is at ASX today, Ventia down 16.23%, Paladin up 10.86%, and Friday's is at ASX today, Nine Entertainment up 11.64% on AGM day.
General information only. This is not financial advice.
Comments