S&P/ASX 200 Index (ASX: XJO) shares rose 3.2% last week and hit a new record of 9,296.7 points on Thursday.
Just five weeks into the new financial year, the benchmark is already up 5.5% vs. a 2.8% rise for the whole of FY26.
Let's start the new week with some fresh ratings from the experts.
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AMP Ltd (ASX: AMP)
The AMP share price rose 12.56% to finish at $2.42 on Friday.
Last Thursday, AMP announced its 1H 26 resuts and a further $150 million share buyback
After reviewing the report, Jefferies maintained its buy rating on the ASX 200 financial share.
Jefferies analyst Simon Fitzgerald said AMP's partnerships in China were now too significant to ignore.
AMP has a 20% stake in China Life Pension Co. (CLPC) and a 15% stake in China Life AMP Asset Management Co. (CLAMP).
In the first half, the earnings contribution from these partnerships rose 107% to $56 million, supported by CLPC growing its assets under management (AUM) to RMB 2.6 trillion.
Fitzgerald said the combined annualised partnership return on investment with CLPC increased from 9% to 16%.
He commented:
The uplift looks increasingly structural, supported by CLPC operating leverage and a 41% payout ratio.
Jefferies upped its 12-month price target on AMP shares by 23% to $2.55 per share.
WiseTech Global Ltd (ASX: WTC)
The WiseTech share price ascended 12.89% to close at $40.98 on Friday.
Christopher Wat from Bell Potter Securities has a hold rating on this ASX 200 tech share.
On The Bull this week, Watt said:
WiseTech develops and provides software solutions to the global logistics industry. Its core logistics software business is performing in line with guidance. The recent appointment of an independent chair is a credible step towards addressing governance concerns.
In July, WTC announced it and major customer DSV were committed under an existing contract until September 2028 following speculation DSV was considering in-house alternative arrangements.
The shares have bounced off a 12-month low of $28.76 on June 23 to trade at $39.57 on August 6.
Whitehaven Coal Ltd (ASX: WHC)
The Whitehaven share price rose 4.87% to $7.32 last week.
Elio D'Amato from EnviroInvest has a sell rating on this ASX 200 coal share following the June quarter report.
On The Bull this week, D'Amato said:
Managed run-of-mine (ROM) production of 10.7 million tonnes in the June quarter of 2026 was up 13 per cent on the March quarter.
Full year 2026 ROM production of 40.3 million tonnes was up 3 per cent on prior corresponding period. The operational result was strong.
However, net debt rose to $1.3 billion at June 30, 2026 following the second deferred acquisition payment.
The shares have fallen from $9.53 on June 4 to trade at $7.245 on August 6.
The company is exposed to coal price volatility, investor sentiment and the development of lower emissions technologies.
