After remaining in green territory all day, the ASX ended up finishing 1.01% higher at 9,038.6 points. We haven't seen the index that high since late February.

This rather epic Wednesday for the Australian markets followed a mixed Tuesday for the US markets overnight.

The Dow Jones Industrial Average Index (DJX: .DJI) didn't hold back, rising 1.03%.

The tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) did, though, dropping 0.22%.

But let's get back to ASX shares now and take a closer look at what was happening amongst the various ASX sectors today.

Winners and losers

It was a uniform show of optimism on the ASX boards this Wednesday, with not one sector recording a loss.

The least enthusiastic corner of the markets was financial stocks. The S&P/ASX 200 Financials Index (ASX: XFJ) crawled 0.19% higher this session.

Utilities shares were relatively muted as well, with the S&P/ASX 200 Utilities Index (ASX: XUJ) advancing 0.25%.

Then we had industrial stocks. The S&P/ASX 200 Industrials Index (ASX: XNJ) was up 0.48% this session.

Gold shares didn't miss out either, as you can see by the All Ordinaries Gold Index (ASX: XGD)'s 0.59% bump.

Real estate investment trusts (REITs) were a little more enthusiastic. The S&P/ASX 200 A-REIT Index (ASX: XPJ) ended up lifting 0.75%.

Energy stocks did better again, with the S&P/ASX 200 Energy Index (ASX: XEJ) shooting 0.92% higher.

Tech shares managed to hit the triple-digits. The S&P/ASX 200 Information Technology Index (ASX: XIJ) galloped up 1.08% this hump day.

It was a similar story with mining stocks, evidenced by the S&P/ASX 200 Materials Index (ASX: XMJ)'s 1.13% jump.

Communications stocks came after miners. The S&P/ASX 200 Communication Services Index (ASX: XTJ) added 1.5% to its total.

Consumer staples stocks really stepped on the gas though, with the S&P/ASX 200 Consumer Staples Index (ASX: XSJ) vaulting 1.98% higher.

Its consumer discretionary counterpart did even better. The S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ) soared up 2.37% today.

Finally, healthcare stocks topped the charts this Wednesday, illustrated by the S&P/ASX 200 Healthcare Index (ASX: XHJ)'s 4.24% surge.

Top 10 ASX 200 shares countdown

Retailer Lovisa Holdings Ltd (ASX: LOV) was our top stock today. Lovisa shares roared 7.88% higher this hump day to close at $24.64 each.

This jump came despite no news or announcements from the company itself.

Here's how the top shares pulled up at the kerb: 

Our top 10 shares countdown is a recurring end-of-day summary that shows which companies made big moves on the day. Check in at Fool.com.au after the weekday market closes to see which stocks make the countdown.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

I think it's interesting when an expert calls a stock a buy, but it could be a compelling idea when there are numerous buy ratings.

Based on the positivity of analysts, below could be two of the best ideas to buy right now.

AMP Ltd (ASX: AMP)

AMP is a diversified business that offers superannuation, investments and banking services.

The company recently announced its profit expectations for the 2026 first half result. Underlying net profit after tax (NPAT) is expected to be in the range of between $170 million to $180 million.

It outlined a number of elements from that update. In its China partnerships, it's expecting to see a stronger contribution with a 24% rise of profit to approximately $56 million.

AMP's investment income impacts of $5 million have been "favourable" following interest rate increases, compared to the first half of 2025.

It also highlighted a $5 million favourable impact of the North guarantee in the platforms.  

The business also noted it was recognising approximately $13 million of a carried interest relating to a partial sale of remaining assets within a legacy fund that was retained from the sale of AMP Capital's international infrastructure equity business.

According to CMC Invest, there have been seven ratings within the last three months with, four buys and three holds.

JB Hi-Fi Ltd (ASX: JBH)

Another ASX share that is highly backed by analysts right now is electronics and appliance business JB Hi-Fi.

It now operates four different businesses – JB Hi-Fi Australia, JB Hi-Fi New Zealand, The Good Guys and E&S. The company has excelled at having very productive sales floors, efficient costs and offering customers competitive prices.

Given how Australia has become increasingly digital, JB Hi-Fi operates in a compelling segment of the retail market and has a strong market presence.

In addition, the business has regularly increased its annual dividend for investors – the payout has increased almost every year since 2013. That's a great track record for investors focused on passive income.

In terms of analyst backing, according to CMC Invest, there have been 10 ratings on the business in the last three months, with five buy ratings, four buy ratings and one sell rating. Based on the projection on CMC Invest, the business is forecast to pay a grossed-up dividend yield of 6.3% including franking credits and 4.4% excluding franking credits.

The post 2 ASX shares highly recommended to buy: Experts appeared first on The Motley Fool Australia.

This includes legendary investors like Warren Buffett. 

But it doesn't take a mathematical genius to apply it to your own portfolio. 

The core ethos is simple: buy low and sell high.

You don't have to time it to perfection 

There are plenty of strategies you might consider for your portfolio. However, one of the benefits of value investing is that you don't need to time a purchase to perfection. 

All stocks go up and down, but when you apply a long-term strategy, there are instances where quality blue-chip companies fall too far, past fair value. 

This can happen even in the midst of real headwinds, and this is where value investors swoop in. 

It's important to be less concerned with getting the perfect valuation, but rather focus on identifying companies whose long-term prospects remain intact despite short-term setbacks. 

When the market overreacts to temporary challenges, it can push the share price well below what the business is really worth. For investors willing to look beyond the next quarter or even year, those periods can provide some of the best buying opportunities.

With that in mind, here are three blue-chips that are offering compelling value opportunities right now. 

Light & Wonder Inc (ASX: LNW)

Light and Wonder is one of the largest ASX consumer discretionary companies. 

It develops technology-based products and services, as well as associated content. It operates through the following segments: Gaming, SciPlay, and iGaming.

In 2026, its share price has fallen 30%, and now appears to be a long-term value option. 

It currently trades for around $107 per share. 

This is almost 90% below recent targets from Macquarie. 

Furthermore, 22 analysts offering a one year price target via TradingView have an average target of $179.09 on this blue-chip stock. 

That indicates roughly 66% upside from current levels. 

JB Hi Fi Ltd (ASX: JBH)

Another blue-chip discretionary stock that could be a value play is JB Hi Fi. 

The specialty retailer of home entertainment and home appliance products has seen its share price fall 27% over the last year. 

It currently is trading at approximately $78 per share. 

However, Bell Potter currently has a buy rating on JB Hi-Fi shares with a price target of $87.

Of 15 analysts forecasts via TradingView, the highest targets sit at $98 per share. 

These targets indicate an upside between 11% and 25%. 

CSL Ltd (ASX: CSL)

CSL is the largest ASX healthcare stock by market cap. 

This is despite its share price tumbling nearly 50% in the last 12 months. 

While the company faces ongoing sector headwinds, this could be a long-term value play, as the stock now appears oversold. 

The underlying business remains strong as CSL maintains its position as one of the world's largest plasma-derived therapies companies.

A recent target from Morgans indicates the share price is likely to recover in the long term. 

The broker has a buy rating and price target of $147.59 on this blue-chip stock. 

This indicates a 17% upside from current levels. 

The post 3 ASX blue-chip shares that could be strong long-term value plays appeared first on The Motley Fool Australia.

As a new financial year begins, brokers have indicated continuing confidence in several ASX 200 shares.

This week, they renewed their buy calls on the following stocks, with updated 12-month price targets for FY27. 

BHP Group Ltd (ASX: BHP)

Over FY26, the market's largest ASX 200 mining share skyrocketed 62% to close out the year at $59.40. 

Morgan Stanley renewed its buy rating on BHP shares this week.

The broker has a 12-month price target of $67.50. 

This suggests more than 10% upside over FY27. 

Northern Star Resources Ltd (ASX: NST)

The market's largest ASX 200 gold mining share rose just 2% to $18.95 over FY26.

UBS reiterated its buy rating on Northern Resources shares this week.

The broker reduced its price target from $24.35 to $23.75. 

This implies potential capital gains of 25% ahead.

ANZ Group Holdings Ltd (ASX: ANZ)

This ASX 200 bank share rose 21% to close out the financial year at $35.35. 

Citi reaffirmed its buy rating on ANZ shares with a price target of $39.25.

This implies potential capital gains of 11% in the new financial year. 

Mineral Resources Ltd (ASX: MIN)

The stock price of this diversified ASX 200 miner rebounded 188% to $62.07 in FY26. 

UBS reaffirmed its buy rating on Mineral Resources shares this week.

The broker lowered its price target from $83 to $79.

This implies potential capital gains of 27% ahead in FY27. 

JB Hi Fi Ltd (ASX: JBH) 

Over FY26, this ASX 200 retail share tumbled 27% to $80.48.

Bell Potter reiterated its buy rating on JB Hi-Fi shares with a price target of $87.

This implies potential capital gains of 8% over FY27.

Neuren Pharmaceuticals Ltd (ASX: NEU)

This ASX 200 healthcare share rose 26% to $17.75 in FY26. 

Bell Potter reiterated its buy rating on Neuren Pharmaceuticals shares this week.

The broker boosted its 12-month share price target from $22 to $23.50. 

This implies potential capital gains of 32% ahead.

Resolute Mining Ltd (ASX: RSG)

Over FY26, this ASX 200 gold stock ripped 56% to 95 cents per share. 

Macquarie renewed its buy rating on Resolute Mining shares with a price target of $1.55.

This implies potential capital gains of 64% for FY27. 

BlueScope Steel Ltd (ASX: BSL)

The BlueScope Steel share price rose 38% over FY26 to close at $31.87. 

RBC Capital renewed its buy rating on the ASX 200 materials share this week. 

The broker raised its 12-month price target from $35.25 to $38.25.

This suggests a potential 20% upside ahead.

South32 Ltd (ASX: S32)

Over FY26, this ASX 200 mining share rose 34% to finish the year at $3.90. 

UBS reaffirmed its buy rating on South32 shares with a reduced price target of $5.

This implies potential capital gains of 28% ahead.

The post 9 ASX 200 shares with renewed buy ratings for FY27 appeared first on The Motley Fool Australia.

As the new financial year begins, brokers are running their rulers over several ASX shares and adjusting their ratings and 12-month price targets. 

Let's take a look at some downgrades from the experts this week. 

JB Hi-Fi Ltd (ASX: JBH)

The JB Hi-Fi share price is $76,45, down 2.2% today and down 32% over 12 months. 

UBS downgraded the ASX consumer discretionary share to a hold rating on Tuesday. 

The broker shaved its 12-month price target from $85 to $83.

This suggest a potential 8% upside ahead.

Evolution Mining Ltd (ASX: EVN)

The Evolution Mining share price is $11.80, up 2.1% today and up 51% over 12 months. 

UBS downgraded the ASX 200 gold share to a hold rating on Tuesday.

The broker cut its 12-month price target from $14 to $12.60.

This implies a potential 7% upside ahead.

Whitehaven Coal Ltd (ASX: WHC)

The Whitehaven Coal share price is $7.50, up 0.2% on Thursday and up 34% over 12 months. 

UBS downgraded the ASX coal share to a hold rating on Tuesday. 

The broker lowered its 12-month price target from $9.10 to $8.70.

This indicates possible capital gains of 16% over the next year. 

Judo Capital Holdings Ltd (ASX: JDO)

The Judo share price is 90 cents, down 1.4% today and down 44% over 12 months. 

UBS downgraded Judo shares to a hold rating on Monday.

The broker has a 12-month target price of $1.05, indicating a potential 17% upside over FY27. 

Data#3 Ltd (ASX: DTL)

The Data#3 share price is $9.54, up 1.2% today and 25% higher over 12 months. 

Morgan Stanley downgraded the ASX tech share to a hold rating with a $10 target on Wednesday. 

This suggests potential capital growth of 5% over the next year. 

South32 Ltd (ASX: S32)

The South32 share price is $4.23, down 1.2% today and up 36% over 12 months. 

Morgans downgraded its rating on the ASX 200 mining share from accumulate to hold.

The broker cut its price target from $5 to $4.50, suggesting a potential 6% upside ahead.

Morgans said: 

S32 has agreed to sell its entire ali business for total consideration of US$5.6bn (US$4.1bn upfront), and transfer of US$1.2bn closure/rehab liabilities.

Our view on S32's aluminium sale is genuinely mixed. It leaves S32 a simpler and, in important respects, a better business, but also a smaller and less valuable one.

We reduce our valuation on S32's ali assets to in line with the agreed Alcoa deal… As a result we update our rating to HOLD (from Accumulate).

Turaco Gold Ltd (ASX: TCG)

The Turaco Gold share price is 48 cents, up 6.7% today and up 4% over 12 months. 

Morgans downgraded the ASX gold share from a buy to a speculative buy rating this week.

The broker slashed its 12-month price target from $2.19 to $1.18.

This still implies a potential 145% upside ahead.

The post 7 ASX shares downgraded by brokers this week appeared first on The Motley Fool Australia.

That's because it has picked out three Australian shares that it believes could be top buys right now.

What is the broker saying?

The good news is that Bell Potter believes the consumer cycle could be approaching its low point. It expects FY 2027 to be the bottom of the cycle for earnings across consumer shares. It said:

FY27 as a low point in the cycle. We expect challenging trading conditions over the next ~9 months and sit below Consensus earnings estimates for FY26e on average across our Consumer Discretionary coverage as we view FY27 as the cyclical low point for most retailers. We expect flat to nominal sales growth, gross margin pressures however somewhat offset by the AUD strength, and cost deleverage ahead.

Unfortunately, this means that conditions are likely to remain subdued in the immediate term. It adds:

We expect a relatively nominal midyear seasonal sale period in Australia given the prolonged discounting activity from May, however broadly similar depth of discounting by retailers vs last year. While trends may see some plateauing post the ongoing mid-year sale period, we view an overall improvement in discretionary spend weighing towards 2Q of FY27e.

Which ASX shares are buys?

Bell Potter has named JB Hi-Fi Ltd (ASX: JBH), Universal Store Holdings Ltd (ASX: UNI), and Nick Scali Limited (ASX: NCK) shares among its top picks in the consumer sector.

Commenting on its preference, the broker said:

Selective preferences in the sector. We continue to favour our key preferences, JBH, UNI and NCK considering their market position, gross margin levers and balance sheet strength vs current valuation.

According to the note, the broker has a buy rating and $87.00 price target on JB Hi-Fi's shares. Based on its current share price of $83.60, this implies potential upside of 4% for investors. It also expects JB Hi-Fi to offer an attractive dividend yield, sweetening the deal further.

For Nick Scali shares, Bell Potter has a buy rating and $25.00 price target on them. Based on its current share price of $16.41, this implies potential upside of 52% for investors over the next 12 months.

Finally, Universal Store shares could have plenty of upside. The broker has put a buy rating and $9.30 price target on them. Based on its current share price of $7.74, this suggests that upside of 20% is on the cards.

The post Bell Potter names 3 Australian shares to buy appeared first on The Motley Fool Australia.

Will the market be able to build on this on Tuesday? Here are five things to watch:

ASX 200 to rise

The Australian share market looks set to rise again on Tuesday following a good night on Wall Street. According to the latest SPI futures, the ASX 200 is expected to open the day 10 points or 0.1% higher. In late trade in the United States, the Dow Jones is up 0.6%, the S&P 500 is up 1.15%, and the Nasdaq has stormed 2% higher.

Telstra shares rated as a hold

Telstra Group Ltd (ASX: TLS) shares are fully valued according to the team at Bell Potter. This morning, the broker has retained its hold rating and $5.10 price target on the telco giant's shares, which is a touch below its current share price. The broker isn't expecting any surprises in August, saying: "We expect little if any surprises at the upcoming result so the focus shifts to the FY27 guidance and outlook. We and the market continue to forecast mid to high single digit growth in the key metrics of underlying EBITDAaL, cash EBIT and EPS – consistent with the Connected Future 30 strategy – so, again, we see little prospect of surprise in the guidance."

Oil prices rise

ASX 200 energy shares Beach Energy Ltd (ASX: BPT) and Santos Ltd (ASX: STO) could have a decent session after oil prices pushed higher overnight. According to Bloomberg, the WTI crude oil price is up 1.9% to US$70.51 a barrel and the Brent crude oil price is up 1.2% to US$72.85 a barrel. Traders were bidding oil higher despite easing US-Iran tensions. They may have doubts that peace talks will hold.

Gold price tumbles

It could be a tough session for ASX 200 gold shares Newmont Corporation (ASX: NEM) and Northern Star Resources Ltd (ASX: NST) after the gold price tumbled overnight. According to CNBC, the gold futures price is down 1.7% to US$4,026.1 an ounce. Concerns over rising inflation and potential interest rate hikes weighed on the precious metal.

Consumer shares to buy

Bell Potter has named the consumer shares to buy in a difficult operating environment. They are JB Hi-Fi Ltd (ASX: JBH), Universal Store Holdings Ltd (ASX: UNI), and Nick Scali Limited (ASX: NCK). Commenting on its picks, the broker said: "We continue to favour our key preferences, JBH, UNI and NCK considering their market position, gross margin levers and balance sheet strength vs current valuation."

The post 5 things to watch on the ASX 200 on Tuesday appeared first on The Motley Fool Australia.

Businesses that are market leaders in their sector can be a very effective choice because they are much stronger than competitors, with scale and margin advantages.

The two businesses below have a strong track record of paying dividends, and I expect compelling dividend payouts in the months and years ahead.

JB Hi-Fi Ltd (ASX: JBH)

JB Hi-Fi is one of the leading retailers in Australia and New Zealand, with its JB Hi-Fi Australia, JB Hi-Fi New Zealand, The Good Guys and E&S Trading businesses.

The ASX blue-chip share is arguably the market leader in electronics and appliances in Australia, and it continues to work on improving its position through new stores, increased scale, and a low-cost operating model.

JB Hi-Fi has grown its annual dividend in most years over the last 13 years, which is impressive to me for a retailer.

The business doesn't typically trade on a high price/earnings (P/E) ratio, which means its dividend yield can be attractive.

According to Commsec's projection, the business is forecast to pay an annual dividend per share of $3.38 in FY26. That translates into a possible grossed-up dividend yield of 5.9%, including franking credits.

Electronics and appliances remain an essential element for many households, so I expect the company can deliver fairly defensive earnings during this period of higher inflation and interest rates (again).

Telstra Group Ltd (ASX: TLS)

Telstra is Australia's leading telecommunications business with the most subscribers, the widest network coverage and seemingly the best spectrum assets to deliver its service.

The ASX blue-chip share has leveraged its market position in Australia with regular price increases. Unlocking more revenue from the same number of subscribers should improve its margins, since costs aren't increasing at the same pace.

Australia is becoming increasingly digital for households, businesses and government, which gives the company defensive earnings. Plus, Australia's growing population gives the business a tailwind to win more subscribers.

According to Commsec's projection, the business is forecast to pay an annual dividend per share of 21 cents in FY26. That translates into a possible grossed-up dividend yield of 5.8%, including franking credits.

The business has a strong chance of increasing its dividend in FY27 and is expected to raise its annual payout to 21.5 cents per share, according to projections on Commsec.

The post 2 ASX blue-chip shares offering big dividend yields appeared first on The Motley Fool Australia.

Meanwhile, the ASX 200 Index drifted 0.73% lower to finish at 8,764.2 points on Friday.

Economic data released last week suggests the Reserve Bank (RBA) may keep interest rates on hold for a while.

Unemployment fell 0.1% to to 4.4% and annual inflation dropped 0.2% to 4% in May, according to the Bureau of Statistics.

Commonwealth Bank of Australia (ASX: CBA) economist Ashwin Clarke said a 1.3% increase in household spending last month "surprised markets to the upside".

Analysts are pricing in an 81% chance that the RBA will keep interest rates on hold at the next meeting on 11 August.

This is why ASX 200 retail shares outperformed their peers last week.

Let's take a look at some individual company performances.

Consumer discretionary shares led the ASX sectors last week

The Wesfarmers Ltd (ASX: WES) share price rose 5.81% to finish at $90.74 on Friday.

Shares in gaming technology company Aristocrat Leisure Ltd (ASX: ALL) lifted 6.81% to $58.69.

The Lottery Corporation Ltd (ASX: TLC) share price rose 1.26% to $5.63.

The JB Hi-Fi Ltd (ASX: JBH) share price ascended 4.98% to $81.84 on Friday.

Guzman Y Gomez Ltd (ASX: GYG) shares increased 7.42% to $20.27.

Temple & Webster Group Ltd (ASX: TPW) shares ripped 8.64% to $6.16.

The Harvey Norman Holdings Ltd (ASX: HVN) share price rose 1.04% to $4.88.

Super Retail Group Ltd (ASX: SUL) shares finished the week steady at $13.12.

ASX 200 travel share Flight Centre Travel Group Ltd (ASX: FLT) managed a 0.52% lift to $11.99.

Shares in Premier Investments Ltd (ASX: PMV) rose 2.45% to $14.65.

Myer Holdings Ltd (ASX: MYR) shares rose 6.9% to close the week at 31 cents per share.

The Breville Group Ltd (ASX: BRG) share price inched 0.38% ahead to $31.43.

Not all ASX 200 retail shares followed the trend.

The Light & Wonder Inc (ASX: LNW) share price tumbled 13.68% to $110.78.

Eagers Automotive Ltd (ASX: APE) shares dropped 4.5% to $21.43 apiece.

Lovisa Holdings Ltd (ASX: LOV) shares eased 0.68% to $23.25.

ASX 200 market sector snapshot

Here's how the 11 market sectors stacked up last week, according to CommSec data.

Over the five trading days:

The post ASX 200 retail shares outperform on growing hopes interest rates have peaked appeared first on The Motley Fool Australia.

Labor and the Greens have reportedly struck a deal to pass the capital gains tax (CGT) and negative gearing changes announced in the Federal budget, while including a new measure to end SMSF borrowing to buy properties.

With that change in mind, I think there are still plenty of compelling investment opportunities, particularly on the ASX share market.

Commercial properties AKA real estate investment trusts (REITs)

SMSF investors could decide to invest in commercial properties instead, which may provide a higher yield than residential properties.

I like investing in real estate investment trusts (REITs) because they're easy to transact on the ASX. We can buy into a portfolio of properties in a single investment, and the properties are managed for us by property fund managers.

There are various REITs to choose from, including ones based on industrial properties, farmland and so on.

Three of my favourites in the sector include Rural Funds Group (ASX: RFF), which owns farmland, Centuria Industrial REIT (ASX: CIP), which owns industrial property, and Charter Hall Long WALE REIT (ASX: CLW), which owns a diversified portfolio of properties with long leases.

There are other REIT sectors, like shopping centres and office buildings, though they face headwinds, so I'd be very selective about those two areas and only buy REITs at an attractive discount to their net asset value (NAV).

ASX dividend shares with fully franked dividends

An even more attractive area to invest could be companies that pay attractive, fully franked dividends. Franking credits are refundable tax offsets, which are great for Australian SMSF investors.

ASX blue-chip shares could be some of the most reliable businesses to own. I'm thinking of names like Telstra Group Ltd (ASX: TLS), Bunnings and Kmart owner Wesfarmers Ltd (ASX: WES) and Coles Group Ltd (ASX: COL). They each have a solid dividend yield and a track record of increasing their dividends annually over the last few years.

There are a few other S&P/ASX 200 Index (ASX: XJO) shares that have a strong track record of reliability, including Washington H. Soul Pattinson and Co. Ltd (ASX: SOL) and APA Group (ASX: APA). Lovisa Holdings Ltd (ASX: LOV) and JB Hi-Fi Ltd (ASX: JBH) also have an impressive track record of growing dividends over the long-term.

Finally, I'm a big fan of listed investment companies (LICs), which allow investors to diversify and gain exposure to quality assets while also receiving attractive dividend yields and growing payouts.

Some of my favourite LICs for passive income are MFF Capital Investments Ltd (ASX: MFF), WCM Global Growth Ltd (ASX: WQG), L1 Long Short Fund Ltd (ASX: LSF), Future Generation Global Ltd (ASX: FGG), Future Generation Australia Ltd (ASX: FGX), Hearts and Minds Investments Ltd (ASX: HM1) and WAM Microcap Ltd (ASX: WMI).

The post Where should I invest inside SMSFs instead of property? appeared first on The Motley Fool Australia.

It was a rather unpleasant day to be an ASX investor this Thursday, with the Australian markets suffering a significant sell-off over the session. After a reprieve from the selling that we saw earlier in the week, yesterday, the bears were back on the ASX today, with the S&P/ASX 200 Index (ASX: XJO) staying in red territory all day and closing down a chunky 0.68%.

That leaves the ASX 200 at 8,748.7 points.

This lacklustre session on the ASX comes after a mixed night up on Wall Street.

The Dow Jones Industrial Average Index (DJX: .DJI) was in an accommodating mood, rising 0.35%.

However, the tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) wasn't so lucky, dropping 0.43%.

But let's return to the local markets now and dig down into what was happening with the various ASX sectors over today's trading.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

Shares in the S&P/ASX 200 Index (ASX: XJO) electronics retailer closed trading yesterday for $78.40. In afternoon trade on Thursday, shares are swapping hands for $81.57 apiece, up 4.1%.

For some context, the ASX 200 is down 0.4% at this same time.

Today's rally adds fuel to the stock's recent rebound. JB Hi-Fi shares plumbed a one-year closing low of $68.89 on 3 June, and the share price is now up 18.4% in three weeks.

Longer-term, however, shares in the ASX 200 electronics retailer remain down 25.0% since this time last year, underperforming the 2.5% 12-month gains posted by the benchmark index.

Though we shouldn't forget the two fully franked dividends, totalling $4.15 a share, that the company paid out to eligible stockholders over this time.

JB Hi-Fi stock currently trades on a 5.1% fully franked trailing dividend yield.

And looking ahead, Baker Young's Toby Grimm believes the stock's recent rally has further to run (courtesy of The Bull).

Here's why.

Should I buy JB Hi-Fi shares today?

"The share price of this consumer electronics giant has significantly fallen since August 2025 in response to cost of living and supply chain cost pressures and increasing interest rates," Grimm noted.

Citing the first reason he's bullish on the ASX 200 stock, Grimm said, "Despite these issues, JBH is expected to deliver positive sales and underlying earnings growth during the next two years."

As for the second reason, he has a buy recommendation on JB Hi-Fi shares, Grimm said, "The outlook for consumer electronics remains structurally sound. Diminishing rate hike expectations is another positive."

And the third reason you may want to buy shares in the Aussie electronics retailer today is the attractive passive income.

"The stock is trading on more appealing multiples compared to 2025 and was recently offering an attractive dividend yield above 5%," Grimm concluded.

What's the latest from the ASX 200 electronics retailer?

The last price-sensitive news from JB Hi-Fi was the company's third quarter (Q3 FY 2026) sales update, released on 6 May.

The company reported a 4.0% year-on-year increase in sales at JB Hi-Fi Australia and a whopping 23.2% increase in sales at JB Hi-Fi New Zealand.

As for its other two business segments, third-quarter sales at the Good Guys were up 2.5% year-on-year, while e&s sales went the other way, falling 1.4% from Q3 FY 2025.

With investor expectations clearly running high, JB Hi-Fi shares closed down 6.3% on the day of the update.

The post 3 reasons to buy the rebound in JB Hi-Fi shares today appeared first on The Motley Fool Australia.

ASX 200 shares are currently up 0.1% to 8,840.3 points.

Among the 11 market sectors, the consumer discretionary sector is in the lead today, up 0.6%.

The tech sector is the laggard, down 0.7%.

Meanwhile, on The Bull this week, three experts give us their opinions and recommendations on three ASX 200 shares.

Let's take a look.

JB Hi-Fi Ltd (ASX: JBH)

The JB Hi-Fi share price is $78.94, up 1.3% today and down 18% in the calendar year to date (YTD). 

Toby Grimm from Baker Young has a buy rating on this ASX 200 consumer discretionary share.

Grimm said: 

The share price of this consumer electronics giant has significantly fallen since August 2025 in response to cost of living and supply chain cost pressures and increasing interest rates.

Despite these issues, JBH is expected to deliver positive sales and underlying earnings growth during the next two years.

The outlook for consumer electronics remains structurally sound. Diminishing rate hike expectations is another positive.

The stock is trading on more appealing multiples compared to 2025 and was recently offering an attractive dividend yield above 5 per cent.

Following three interest rate rises already this year, some experts expect the Reserve Bank's next move will be a cut due to low GDP growth, recent softer inflation data, and consumer sentiment falling to one of its weakest levels in 50 years.

Given the market looks 6 to 12 months ahead, it seems that value investors may be looking for opportunities in ASX 200 retail shares today.

Santos Ltd (ASX: STO)

Santos shares are $7.31 apiece, up 0.1% today and up 19% YTD. 

Niv Dagan from Peak Asset Management has a hold rating on this ASX 200 energy share. 

Dagan said much of the near-term upside for Santos shares depends on successful execution of major projects.

Barossa is online and ramping up, while the Pikka phase 1 in Alaska has started production, with both expected to materially increase free cash flow at plateau rates.

Management is also targeting at least 60 per cent of free cash flow for shareholder returns and a $2.5 billion reduction in net debt by 2030.

However, the investment case still relies on commodity prices, capital discipline and the delivery of a large multi-year development pipeline across Australia, Papua New Guinea and Alaska.

Westpac Banking Corp (ASX: WBC)

The Westpac share price is $35.03, up 0.1% today and down 10% YTD.

Christopher Watt from Bell Potter Securities has a sell rating on this ASX 200 bank share.

Watt explained: 

The business is improving on the metrics that matter, but the operating backdrop is weakening.

Mortgage applications since the Federal Budget in May are below the prior two quarters, pointing to a slowdown in housing credit growth into next year.

Proposed tax changes to capital gains tax and negative gearing have soured sentiment, and there's no fresh financial guidance to lean on.

With Westpac's stock trading near the top of its range amid a possible earnings downgrade, I see more downside than upside from here.

The Federal Government has proposed that the 50% capital gains tax (CGT) discount for assets held longer than 12 months be replaced by a cost base inflation indexation method from 1 July 2027. Additionally, a minimum 30% CGT rate will apply.

To incentivise new housing, investors in new residential properties will be able to choose between the two CGT methods when they sell.

Also, from 1 July 2027, investors will not be able to negatively gear established properties purchased for investment, but will be able to do so with new homes.

The post Buy, hold, sell: JB Hi-Fi, Westpac, Santos shares appeared first on The Motley Fool Australia.

As the above chart shows, the JB Hi-Fi share price has fallen 35% since its peak in August 2025.

Of course, something is not a buy just because it has fallen. But, as an ASX retail stock, it's understandable there is cyclicality to the JB Hi-Fi share price and somewhat to the earnings as well.

After such a large decline, I think it's a great time to consider investing in this market-leading business.

ASX dividend stock credentials

The company has a strong track record of dividend growth over the years. In the past 13 years, its dividend has been hiked for nearly every one of those years, aside from one year during the high inflation period a few years ago.

Time will tell what the FY26 annual dividend is, but it's important to remember that the business has already paid its FY26 interim dividend.

According to the projection on Commsec, the business is forecast to pay an annual dividend per share of $3.38 in FY26.

At the time of writing, that translates into an estimated annual grossed-up dividend yield of 6.1%, including franking credits. There are not many ASX blue-chip shares that have a dividend yield as attractive as that.

Why this looks like a good time to invest

While the current economic conditions are not ideal for a retailer, it's this environment that has led to the much lower JB Hi-Fi share price.

I think it's essential to remember that all we can do is buy the business at a good price, which is what we're being presented with right now.

According to the projection on Commsec, the ASX dividend stock is forecast to generate earnings per share (EPS) of $4.50 in FY26. That means it's valued at 17x FY26's estimated earnings. I think that's an appealing level, considering earnings are expected to grow in both FY27 and FY28.

In its latest quarterly update, the business reported ongoing sales growth for the period of 1 January 2026 to 31 March 2026. JB Hi-Fi Australia sales rose 4% year over year, JB Hi-Fi New Zealand sales grew 23.2%, The Good Guys sales climbed 2.5% and only E&S (its smallest business) saw sales drop by 1.4%.

If it can keep its costs low and continue growing sales (and profit) over time, then I think this ASX dividend has a very promising future as Australia continues its digitalisation.

But, it's not the only business I have my eyes on right now.

The post 1 ASX dividend stock down 35% I'd buy right now appeared first on The Motley Fool Australia.

That's because they have just been named as buys by experts, courtesy of The Bull.

Let's see what they are recommending to investors:

Charter Hall Group (ASX: CHC)

The first ASX 200 share being recommended by experts is Charter Hall.

Baker Young is positive on the property company's shares and named them as a buy this week. This is due partly to their exposure to a lagging sector that could benefit from a rotation out of bank shares. It said:

Australia's leading diversified property group has benefited from a strong funds management performance driving multiple earnings upgrades in the past financial year. With the strong operational trend continuing amid a potential respite in interest rates, the stock offers compelling exposure in a lagging sector that may be a beneficiary of a swing against banks. The shares have been enjoying favourable momentum since May 20, increasing from $18.80 to trade at $23.15 on June 18.

JB Hi-Fi Ltd (ASX: JBH)

The team at Baker Young is also positive on retail giant JB Hi-Fi and has named its shares as a buy this week.

It believes JB Hi-Fi is well-placed to benefit from a structurally sound outlook for consumer electronics. And with rate hike expectations easing, Baker Young believes now could be a good time to snap up shares. It explains:

The share price of this consumer electronics giant has significantly fallen since August 2025 in response to cost of living and supply chain cost pressures and increasing interest rates. Despite these issues, JBH is expected to deliver positive sales and underlying earnings growth during the next two years. The outlook for consumer electronics remains structurally sound. Diminishing rate hike expectations is another positive. The stock is trading on more appealing multiples compared to 2025 and was recently offering an attractive dividend yield above 5 per cent.

Life360 Inc. (ASX: 360)

Over at Bell Potter, its analysts have named this location technology company as an ASX 200 share to buy this week.

It believes that investors could start to re-rate Life360 shares higher in the near future and has earmarked its results in August as a key potential catalyst. Bell Potter explains:

This information technology company provides a mobile networking safety app for families. Active user growth is rebounding following a technical issue, while paying circle growth, which drives revenue, recently exceeded expectations. Guidance was upgraded. Once focus returns to paying circles, I expect a re-rating to follow. The upcoming August result is a catalyst. The company has been enjoying strong price momentum, with the shares rising from $17.91 on May 20 to trade at $22.54 on June 18.

The post Experts name 3 ASX 200 shares to buy appeared first on The Motley Fool Australia.

Consumer staples shares weren't far behind, surging 7.62%.

Meanwhile, the S&P/ASX 200 Index (ASX: XJO) rose 2.07% to 8,804 points by Friday's close.

Experts are now predicting an eventual cut for interest rates due to crumbling consumer confidence and low GDP growth.

Consumer sentiment fell in May to one of its weakest levels ever in the 50-year history of the benchmark monthly survey.

Softer-than-expected inflation also enhances the case for rates to be kept on hold or cut at some point.

Annual headline inflation fell to 4.2% in April, down from 4.6% in March, according to Bureau of Statistics figures.

On Friday, the ASX 200 rallied 1.98% after US President Donald Trump said a peace deal with Iran could be reached this weekend.

This would likely lead to the reopening of the Strait of Hormuz, a vital shipping route that carries 20% of the world's oil and gas.

The ongoing oil shock has contributed to resurgent inflation and three interest rate increases in Australia this year.

The Reserve Bank will announce the next interest rate decision on Tuesday.

It may seem counterintuitive that signs of economic weakness boosted ASX 200 retail shares last week.

But remember, share markets tend to look six to 12 months into the future.

Thus, economic weakness today is pushing retail stocks up as investors anticipate a greater likelihood of interest rate cuts.

Let's see how some individual retail stocks performed last week.

Consumer discretionary shares led the ASX sectors last week

The Wesfarmers Ltd (ASX: WES) share price leapt 9.55% over the short trading week to finish at $86.47.

Shares in gaming technology company Aristocrat Leisure Ltd (ASX: ALL) rose 5.07% to $53.91.

The Lottery Corporation Ltd (ASX: TLC) share price soared 8.81% to $5.68.

The Light & Wonder Inc (ASX: LNW) share price ripped 9.8% higher to $127.26.

JB Hi-Fi Ltd (ASX: JBH) shares ascended 7.6% to finish the week at $77.24.

The Harvey Norman Holdings Ltd (ASX: HVN) share price increased 7.88% to $4.79.

Temple & Webster Group Ltd (ASX: TPW) shares soared 13.09% to $5.27.

The Nick Scali Limited (ASX: NCK) share price rocketed 11.71% to $15.46.

Eagers Automotive Ltd (ASX: APE) shares rose 7.06% to $22.29.

The Super Retail Group Ltd (ASX: SUL) share price lifted 8.39% to $12.27.

Lovisa Holdings Ltd (ASX: LOV) shares surged 8.66% to $22.20 apiece.

ASX 200 travel share Flight Centre Travel Group Ltd (ASX: FLT) edged 0.36% higher to $11.07.

The Guzman Y Gomez Ltd (ASX: GYG) share price lifted 3.63% to $19.40.

ASX 200 market sector snapshot

Here's how the 11 market sectors stacked up last week, according to CommSec data.

Over the shortened trading week:

The post Why did ASX 200 retail shares outperform last week? appeared first on The Motley Fool Australia.

Four ASX shares that are rising more than most today are listed below. Here's why they are climbing:

Develop Global Ltd (ASX: DVP)

The Develop Global share price is up 1.5% to $6.50. This morning, this mining and mining services company announced that it will develop the Sulphur Springs and Pioneer Dome projects after making final investment decisions. The company's managing director, Bill Beament, commented: "These are pivotal developments which set up our company for rapid growth. They unlock the huge value of these two projects, putting us on track to generate significant cashflows from three operations covering copper, zinc, silver and lithium and all in Australia."

IDP Education Ltd (ASX: IEL)

The IDP Education share price is up 4% to $2.19. This may have been driven by a broker note out of Morgans this week. It upgraded the language testing and student placement company's shares to a buy rating with a $3.15 price target. It said: "Visa data in IDP's key destination markets remains in deep contraction, with AUS, CAD, and the UK all experiencing material volume and visa grant rate declines. Positively, IDP's China IELTS is scaling quickly (13 test centres vs 5 at 1H26), the cost base reset is on track (A$25m net reduction), and the group continues to demonstrate pricing power across both IELTS and Student Placement (SP). With structural demand drivers for international study intact, a leaner cost base, growing China optionality and ongoing technology/product development (Navi, FastLane, One Skill Retake), we are willing to look through the near-term backdrop on a cyclically depressed multiple. We upgrade to BUY, A$3.15ps PT."

JB Hi-Fi Ltd (ASX: JBH)

The JB Hi-Fi share price is up over 3.5% to $76.16. This is despite there being no news out of the retail giant. However, it is worth noting that investors have been buying retail shares on Wednesday. This could possibly be due to optimism that interest rate hikes are over in Australia and the RBA's next move will be to lower them.

Wesfarmers Ltd (ASX: WES)

The Wesfarmers share price is up 2.5% to $82.05. Investors appear to have responded positively to the company's 2026 Strategy Briefing Day event. At the event, Wesfarmers highlighted three key messages. It is accelerating its growth and productivity agenda, it has a portfolio of high-quality businesses with a mix of growth and resilience, and it retains a strong balance sheet with flexibility to invest.

The post Why Develop Global, IDP Education, JB Hi-Fi, and Wesfarmers shares are pushing higher today appeared first on The Motley Fool Australia.

After opening sharply lower compared to yesterday's close, the ASX 200 remained in red territory all session and ended up closing down 1.13%. That leaves the index at 8,686.1 points.

This tough day on the local bourse for Australian investors came after a similarly bearish session on Wall Street last night.

The Dow Jones Industrial Average Index (DJX: .DJI) was in a foul mood, dropping 1.21%.

The tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) wasn't much better, falling 0.89%.

But let's return to ASX shares now and take a look at how today's tough trading conditions percolated down into the different ASX sectors today.

Winners and losers

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

Australia's 2.8 million lower-paid workers will receive a 4.75% pay rise from 1 July 2026, lifting the national minimum wage to A$1,004.90 per week, or A$26.44 per hour.

That is the first time the weekly minimum wage has crossed $1,000 in Australian history.

The increase was higher than last year's 3.5% rise and 3.75% rise in 2024, but lower than the 5% to 6% increase sought by trade unions.

For ASX consumer stocks, the decision creates tension.

Higher wages for workers mean higher spending power for consumers. But they also mean higher labour costs for the large employers who dominate the retail sector.

Here is how the three biggest consumer names on the ASX are likely to navigate that tension.

Woolworths Group Ltd (ASX: WOW)

Woolworths employs more than 100,000 team members across Australia, the vast majority of whom are covered by enterprise agreements or modern award rates.

A 4.75% increase in award wages flows directly into Woolworths' cost base. This already came under pressure in FY2026 as the company invested heavily in price competitiveness to win back market share.

The positive offset is that Woolworths' customers are also among the workers receiving the wage increase.

Every dollar added to the weekly pay packet of a lower-income Australian household tends to flow quickly into grocery spending, which is exactly the category Woolworths dominates.

Woolworths CEO Amanda Bardwell has previously flagged that the company is navigating a "more cautious consumer" heading into the second half of FY2026.

A wage increase that puts more money in the pockets of the lowest-income households could be precisely the stimulus that reverses that caution for grocery spending, even if it simultaneously pressures the supermarket's own wages bill.

Additionally, Westpac flagged today that the 4.75% increase was bigger than their expected 4.25% rise and implied some upside risk to wage growth. The bank flagged that there is risk inflation expectations remain elevated for longer, making the RBA's job harder.

RBA risk cuts negatively for Woolworths, as further rate hikes would squeeze mortgage-holding households and reduce discretionary spending.

Wesfarmers Ltd (ASX: WES)

Wesfarmers faces the wage increase across a far more diverse set of businesses than Woolworths.

Bunnings, Kmart, Officeworks, and Target each employ significant numbers of award-covered workers, meaning the 4.75% increase flows through a wide cost base.

However, Wesfarmers has a meaningful advantage over most of its retail peers: pricing power.

In the first half of FY2026, Wesfarmers delivered NPAT of $1,603 million, up 9.3% year-on-year, with Bunnings and Kmart both delivering strong earnings growth despite a tough consumer environment.

That track record suggests Wesfarmers has the pricing discipline and operational efficiency to absorb a meaningful cost increase without sacrificing profitability.

Kmart in particular, with its low-price value proposition, stands to benefit if lower-income households use their wage increase to trade up from pure discount retailers while remaining value-conscious.

Morgans recently upgraded Wesfarmers to accumulate with an $81.10 price target. The broker cited the quality of the business and improving valuation after a 9% pullback over the past twelve months.

The wage increase is unlikely to change that broadly positive view on the stock's medium-term trajectory.

JB Hi-Fi Ltd (ASX: JBH)

JB Hi-Fi occupies the most interesting position of the three in the context of a minimum wage increase.

The consumer electronics retailer draws its customers disproportionately from households in the middle-income bracket, not the very lowest incomes most directly affected by a minimum wage increase.

That means the direct spending boost from today's decision is likely smaller for JB Hi-Fi than for Woolworths or Kmart.

However, there are tangible indirect benefits. A rising wage floor supports broader household income growth across the economy. This tends to increase consumer confidence and discretionary spending over time.

JB Hi-Fi delivered a strong first half of FY2026 with gross sales rising 13.2%, as the company benefited from strong demand for consumer electronics and the ongoing rollout of AI-capable devices.

For JB Hi-Fi, the wage increase is a secondary factor compared to the trajectory of interest rates and consumer confidence.

If the 4.75% increase adds to RBA concerns about inflation and increases the probability of another rate hike, that would be net negative for JB Hi-Fi's customer base.

The inflationary risk

Today's announcement carries a broader risk.

The Fair Work Commission noted it would not be practicable or responsible to award an increase sufficient to fully close the real wage gap that has opened since July 2021. This would have required a rise of more than 5%.

Nevertheless, a 4.75% increase on top of three consecutive RBA rate hikes creates a risk of a wage-price spiral if businesses pass through the cost increase in the form of higher consumer prices.

That is the scenario the RBA most fears, and it is the kind of development that could tip the June hold into an August hike.

Markets are currently pricing in a 7% chance of a fourth rate hike at the June meeting, but that probability could shift if this week's wage decision is interpreted as adding to inflationary pressure.

Foolish takeaway

A minimum wage increase is not inherently good or bad for ASX consumer stocks.

For Woolworths it is both a cost headwind and a demand stimulus.

With Wesfarmers, it is a cost to manage but one its operational strength can absorb.

For JB Hi-Fi it is largely a sideshow to the interest rate story.

For all three, the more important variable in the months ahead remains what the RBA does next with rates, and whether today's wage decision gives the board reason to keep the hiking cycle going.

The post Australia's minimum wage just rose 4.75%. Here is what it means for ASX consumer stocks appeared first on The Motley Fool Australia.

At the time of writing, the ASX 200 is down 0.49% to 8,686 points.

The index has moved between early weakness and selective buying, showing that the market is still struggling for direction.

The result is a choppy session where a few strong pockets are being offset by wider weakness across the market.

Let's take a closer look at what is moving the ASX 200 today.

Retail stocks feel the wage pressure

Retail stocks are under pressure today after the Fair Work Commission handed down its latest wage decision.

Minimum award wages will increase by 4.75% from 1 July, while the national minimum wage will rise to $26.44 an hour, or $1,004.90 a week.

The decision affects around 2.8 million workers, so it is good news for Australians dealing with higher living costs.

The share market, however, is focused on what the wage rise means for company costs.

Retailers are already dealing with cautious shoppers and rising costs, so today's wage decision adds another cost for investors to factor in.

Businesses with large store networks and distribution teams are the ones most exposed, because even small cost increases can become significant across the group.

That concern appears to be weighing on several consumer stocks today.

Woolworths Group Ltd (ASX: WOW) shares are down 1.6% to $34.50, while Coles Group Ltd (ASX: COL) shares have slipped 0.7% to $21.55.

Wesfarmers Ltd (ASX: WES) is also weaker, with its shares down 1% to $78.89. JB Hi-Fi Ltd (ASX: JBH) has fallen 4% to $72.09, while Harvey Norman Holdings Ltd (ASX: HVN) is also down 1% to $4.54.

Economic data adds another concern

There is also some caution around the broader economy after the latest trade numbers.

ABS data showed Australia recorded a seasonally adjusted goods trade deficit of $1.84 billion in March.

It was the first monthly goods trade deficit since December 2017.

Imports jumped 14.1%, helped by a surge in data processing equipment, while exports fell 2.7%.

The Australian reported that Australia's broader net trade position is expected to weigh on March quarter GDP, with imports of data centre equipment playing a major role.

At the same time, today's wage decision has kept inflation and interest rates in focus.

Reuters reported some economists expect the wage rise could add inflation pressure, giving the RBA another issue to weigh closely.

Tech keeps the market from looking worse

Tech shares are helping limit the damage today, even though the broader ASX 200 is still trading lower.

Xero Ltd (ASX: XRO) shares are up 6.25% to $86.01, while WiseTech Global Ltd (ASX: WTC) shares are 5.98% higher at $41.49.

Those gains are helping offset some of the weakness elsewhere across the market.

The buying follows another strong session for AI-linked stocks in the US, where Nvidia shares rose after unveiling its latest AI-focused products.

That has flowed through to parts of the local tech sector, even though the wider market is still struggling.

The S&P/ASX 200 Resources Index (ASX: XJR) is also lending some support, with the sector up 0.58%.

Northern Star Resources Ltd (ASX: NST) is one of the standout moves, with its shares up 13.37% to $20.99.

The gold miner is rallying after reports that Elliott Investment Management has built a stake and is pushing for change.

The post Why's the ASX 200 falling today despite another tech rally? appeared first on The Motley Fool Australia.