Australia’s Treasury Wine pauses $130 million buyback, withdraws 2026 earnings forecast

Australia’s Treasury Wine pauses $130 million buyback, withdraws 2026 earnings forecast
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Australia’s Treasury Wine pauses $130 million buyback, withdraws 2026 earnings forecast
Source link
“After reaching its 52-week high of 190 in January 2024, the stock experienced heavy profit booking and fell below its 200-day exponential moving average on the daily timeframe. Traders can buy for a target of Rs 195 in the next 6-7 weeks,” Shitij Gandhi, Senior Technical Analyst, SMC Global Securities, said. Source link
abrdn Australia Equity Fund Q4 2025 Commentary Source link
The first 50 days of Donald Trump’s second presidency have been brutal for the stock market, with Tesla Inc emerging as one of the biggest casualties. Shares of the electric vehicle giant have tumbled nearly 48% since President Trump’s inauguration day on January 20, driven by collapsing sales, a weak earnings report, and CEO Elon…
Some off beat reads for the weekend: Milei’s radical plan to transform Argentina ( Time ) Ukraine is on the ropes ( Guardian ) The toxic Russia-China Nexus ( Open ) The East is prevailing over the West ( Print ) China’s economy faces lost decades ( Newsweek ) The graying gig economy ( ROW…
Shares of Star Health and Allied Insurance Company climbed over 13% on Wednesday after the insurer reported a sharp jump in Q4 FY26 net profit to Rs 111.34 crore, up from Rs 51 lakh a year ago. The results came in ahead of brokerage estimates. However, the PAT declined around 13% sequentially from the Rs…
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