Data shows 124 ASX 200 companies are in the red today.

This includes a hefty 3.7% share price decline for the market's largest listed company, BHP Group Ltd (ASX: BHP).

Meanwhile, several brokers have lifted their ratings on select ASX shares this week.

Let's take a look.

Endeavour Group Ltd (ASX: EDV)

The Endeavour share price is $2.98, up 3.7% today and down 19% in the calendar year to date (YTD).

Last week, Endeavour unveiled a strategy involving $300 million in cost savings by FY29, including $100 million in FY27.

The group wants to strengthen Dan Murphy's price leadership, modernise BWS' digital experience, and lift its hotels performance. 

Endeavour will divest non-core assets, including most of its winery and vineyard portfolio.

The group also lowered its dividend payout ratio to a range of 50% to 75% of underlying net profit after tax (NPAT).

Citi upgraded the ASX 200 consumer discretionary share to a buy rating on Wednesday.

However, the broker reduced its 12-month price target from $3.45 to $3.25.

This still implies a potential near-10% upside ahead.

BHP Group Ltd (ASX: BHP)

The BHP Group share price is $62.51, down 3.7% today, and up 40% over six months.

Germany's DZ Bank AG upgraded the ASX 200 mining share to a hold rating this week.

DZ Bank has a $65 price target on BHP shares.

This suggests that only 4% upside is left for the next 12 months.

Graincorp Ltd (ASX: GNC)

The Graincorp share price is $5.09, up 2% today, and down 38% over six months.

Jarden upgraded the ASX 200 consumer staples share to a hold rating on Tuesday.

The broker lowered its price target from $5.50 to $5.40.

This implies potential capital growth of 6% over the next year.

Dicker Data Ltd (ASX: DDR)

The Dicker Data share price is $11.16, down 1.4% today.

Over the past month, this ASX 200 technology share has lifted 22%.

Morgan Stanley upgraded Dicker Data shares to a buy rating this week.

The broker raised its 12-month price target from $10.30 to $11.

This implies the tech stock is fully valued today.

Nufarm Ltd (ASX: NUF) 

The Nufarm share price is $2.87, up 0.7% on Thursday and up 24% YTD.

UBS upgraded the chemical and seed technology company to a buy rating this week.

Following Nufarm's FY25 results, the broker lifted its target on the ASX 200 agriculture share from $2.80 to $3.50.

This suggests a 22% upside is on the way.

Sims Ltd (ASX: SGM)

The Sims share price is $27.68, down 2.5% today and up 52% YTD.

Morgan Stanley upgraded Sims shares to a hold rating on Monday.

The broker has a $24 target, implying a 13% downside over the next 12 months.

Tabcorp Holdings Ltd (ASX: TAH)

The Tabcorp share price is 80 cents, down 0.6% today and down 32% over the past month.

Morgans upgraded the ASX 200 consumer discretionary share to a buy rating this week.

The broker said:

Following the announcement of AUSTRAC's investigation this month, the TAH share price has fallen approximately 37%.

While we expect the investigation to remain an overhang for the foreseeable future, at these levels the stock appears materially undervalued.

Current trading conditions remain supportive in our view and position the company well for a strong upcoming result, despite inherent uncertainty surrounding the scope of the investigation and the quantum of potential penalties.

Morgans has a share price target of $1.07, implying 34% potential capital growth ahead.

The post 7 ASX shares attracting upgraded ratings this week appeared first on The Motley Fool Australia.

After recording losses at the start of the week, investors seemed to find their sense of optimism today, with the ASX 200 staying in green territory all session, and closing 0.7% higher. That leaves the index at 8,785.7 points.

This turn of fortunes for Australian investors followed an upbeat night over on Wall Street.

The Dow Jones Industrial Average Index (DJX: .DJI) recovered from an early slump to finish 0.45% higher.

Meanwhile, the tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) only just managed to get over the line, gaining just 0.026%.

But let's get back to the local markets now and dive a little deeper into what was happening amongst the various ASX sectors this hump day.

Winners and losers

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

While this is positive, it pales in comparison to the gains that a number of ASX 200 shares posted for the period.

Here's why these were the best-performing ASX 200 shares in May:

Megaport Ltd (ASX: MP1)

The Megaport share price was the best performer on the ASX 200 in May with a stunning 70% gain. Investors were buying the network solutions company's shares after it announced another major contract win for its Latitude.sh business. Megaport has secured three major GPU, CPU, network, and storage contracts across two customers with a combined total contract value (TCV) of approximately US$182.9 million (A$254 million). The company's CEO, Michael Reid, said: "We are at the forefront of an accelerating inflection point across the industry. As use cases shift from AI foundation models to inference and the edge, Megaport is becoming an essential platform for powering the applications of tomorrow with globally distributed, automated infrastructure."

IperionX Ltd (ASX: IPX)

The IperionX share price was on form and raced 42% higher in May. One potential catalyst was the titanium alloys producer announcing the successful commissioning of a cutting-edge six-axis powder metallurgy press at its Titanium Manufacturing Campus. IperoinX's CEO, Anastasios Arima, said: "Commissioning this advanced SACMI press is an important milestone for IperionX. It gives us greater titanium manufacturing capacity and more flexibility to manufacture a wider range of titanium components for customers in defense, aerospace and industrial markets."

Capstone Copper Corp (ASX: CSC)

The Capstone Copper share price wasn't too far behind with a gain of 30% over the month. This was despite there being no news out of the copper miner. However, it is worth noting that analysts at UBS put a buy rating and improved price target of $18.00 (from $15.00) on the ASX 200 share last month. Combined with strong copper prices, this may have given its shares a boost.

Sims Ltd (ASX: SGM)

The Sims share price was a strong performer and rose 30% in May. This may have been driven by the company's appearance at a major investor conference last month. At the event, management spoke positively about its outlook and reaffirmed its guidance for FY 2026. It continues to expect group underlying EBIT of $350 million to $400 million for the 12 months. This will be at least double the underlying EBIT of $174.9 million that it recorded in FY 2025.

The post These were the best-performing ASX 200 shares in May appeared first on The Motley Fool Australia.

This awful Thursday for the local markets follows a much rosier night over on Wall Street.

The Dow Jones Industrial Average Index (DJX: .DJI) fared decently, rising 0.36%.

The tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) was a little more tentative, inching up just 0.07%.

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

Winners and losers

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

This included: 

• Mineral Resources Ltd (ASX: MIN) rose almost 3% to hit new highs of $71.53. 
• Korvest Ltd (ASX: KOV) climbed 1.5% to hit fresh highs of $17.07. 
• Sims Ltd (ASX: SGM) rose nearly 4% to finish at $24.12. 

When ASX shares rise significantly in a short period, holders obviously enjoy quick profits. 

However it can make it difficult for prospective investors to pull the trigger due to fears of buying at the peak. 

Here is what was driving the strong performance for these ASX shares and what experts are anticipating in the next 12 months. 

Mineral Resources hits new highs 

Mineral Resources is a leading mining services company with a portfolio of mining operations across multiple commodities, including iron ore and lithium.

Its share price is now up almost 200% in the last year. 

Much of this growth has come on the back of improved lithium sentiment. 

After a brutal downturn that crushed lithium prices across 2024 and 2025, the market has started to anticipate a recovery in battery material demand as electric vehicle sales continue growing globally.

Because Mineral Resources owns significant lithium exposure through the Wodgina and Mt Marion operations, investors are increasingly viewing the company as a leveraged play on any improvement in lithium prices.

Additionally, the company recently delivered a strong quarterly update, with volumes across iron ore, lithium, and mining services all exceeding the broker's expectations.

However now sitting at just over $71 per share, it appears these ASX shares are fully valued. 

Ord Minnett recently placed a $67 price target on the stock, while Morgans recently placed fair value at $71. 

Korvest hits yearly highs

Korvest manufactures electrical and cable support systems, steel fabrication and provides associated metal treatment and galvanising services.

It is up an impressive 67% in the last 12 months. 

It has benefited during this span from optimism around Australia's infrastructure, mining, and energy-transition spending cycle.

However, in a similar vein to Mineral Resources, experts see limited further upside. 

Analysts forecasts are hovering around $17.30, right around its current share price. 

Sims could be a buy

Sims is a global leader in metal and electronics recycling. The company provides a crucial circular economy service that reduces the need for new metals and electronics.

Its share price hit fresh yearly highs yesterday, and is now up 61% in the last year. 

As Mark Verhoeven reported last week, it could be poised to benefit from rising demand for recycled metals driven by EVs, renewable energy infrastructure, and data centre growth.

Recent results show strong earnings momentum, with higher profits and improving margins across its key recycling and lifecycle services businesses, particularly in North America. This suggests both cyclical recovery and better operational execution.

Looking ahead, growth is supported by continued demand for non-ferrous metals, expansion in US recycling operations, and strong tailwinds from IT asset disposal linked to AI-driven data centre expansion.

The post Are these ASX shares a buy, hold or sell after hitting fresh 52-week highs? appeared first on The Motley Fool Australia.

But there is a quieter, less glamorous, and arguably more interesting way to play the same trend.

Sims Ltd (ASX: SGM) is the world's largest publicly listed metal and electronics recycler, and the forces driving demand for recycled metals are only getting stronger.

The company provides a crucial circular economy service that reduces the need for new metals and electronics.

What Sims actually does

Sims operates across five business segments, buying, processing, and selling ferrous and non-ferrous recycled metals across 30 countries.

The company also provides IT asset disposal and lifecycle services through its Sims Lifecycle Services division.

Consequently, every electric vehicle manufactured, every wind turbine installed, and every data centre built creates a source of future recyclable material and a driver of demand for the recycled metals Sims produces today.

In that sense, Sims sits at both ends of the green energy supply chain simultaneously.

The numbers are turning in the right direction

Sims delivered a 70.9% jump in underlying net profit after tax to $60 million for the half year ended 31 December 2025, alongside a 3.7% lift in sales revenue.

The standout performer was Sims Lifecycle Services, which delivered a 247.5% jump in underlying EBIT, driven by surging global demand for used DDR4 chips as hyperscale and AI data centre builds accelerate.

Moreover, the North America Metal and SA Recycling divisions both delivered higher trading margins, even as volumes from processed scrap reduced slightly.

Sims shares have comfortably outpaced the performance of the ASX200 these past 12 months.

The FY2026 outlook

In March 2026, Sims flagged an expected FY2026 underlying EBIT of between $350 million and $400 million.

This was driven by a strong third quarter and a materially improved second half in both its North America Metals and SA Recycling divisions.

Management noted that despite continued high Chinese steel exports putting pressure on scrap prices, Sims' Metal business remains supported by robust non-ferrous pricing and a focus on sourcing more unprocessed material.

Through its SA Recycling investment, the company has also achieved an 8.3% compound annual growth rate in sales volume from FY2021 to FY2026, with 147 operational facilities now running across 15 US states.

Furthermore, the company's Investor Day in Nashville confirmed a busy pipeline of bolt-on acquisitions through SA Recycling, reinforcing the long-term growth ambition.

Foolish takeaway

Sims does not attract the same headlines as the more trendy names in the green transition.

However, as a critical enabler of the circular economy, it benefits from the same tailwinds as lithium miners and solar developers, while offering a more established earnings base and a more attractive valuation.

For investors looking for an ASX metal recycling stock with genuine long-term credentials, Sims deserves serious attention.

The post Why this ASX stock could be a surprise winner as metal recycling demand surges appeared first on The Motley Fool Australia.

After staying comfortably in green territory all day, the ASX 200 ended up closing a solid 1.3% higher, leaving the index at 8,793.6 points.

This happy hump day for ASX investors follows a similarly upbeat night over on Wall Street.

The Dow Jones Industrial Average Index (DJX: .DJI) was in fine form, rising 0.73%.

The tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) did even better, gaining 1.03%.

But let's get back to the ASX now though and dive a little deeper into what was happening amongst the various ASX sectors navigated today's tough trading conditions.

Winners and losers

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) metal and electronics recycler closed yesterday trading for $20.17. During the Thursday lunch hour, shares are changing hands for $19.93 apiece, down 1.2%.

For some context, the ASX 200 is down 0.3% at this same time.

Taking a step back, Sim shares have strongly outperformed over the past year. Shares in the ASX 200 industrial stock have gained 45% in 12 months, racing ahead of the 15.4% one-year gains posted by the benchmark index.

And that doesn't include the two fully-franked dividends the company paid eligible stockholders over this time. Sims stock trades on a fully-franked trailing dividend yield of 1.4%.

And looking to the months ahead, Shaw and Partners' Jed Richards expects the stock is well-placed to deliver more outperformance (courtesy of The Bull).

Here's why.

Should you buy Sims shares today?

"Sims offers exposure to long term stronger and sustainable commodity themes through its global metals recycling operations, particularly in Europe," said Richards, citing the first reason you might want to buy Sims shares today.

As for the second reason, Richards noted, "Demand for recycled inputs, such as lithium, copper and gold, continue to grow as electrification and decarbonisation trends advance."

Richards concluded:

The business provides leverage to improving industrial activity, although earnings can be volatile given commodity price swings and cyclical end markets.

In our view, the strategic positioning justifies a buy despite near term volatility.

The (slightly less) bullish case for the ASX 200 industrial stock

DP Wealth Advisory's Andrew Wielandt also ran his slide rule over Sims shares on The Bull this week.

"Sims is a global metals and electronics recycler providing exposure to North America, the United Kingdom, Australia and New Zealand," said Wielandt, who has a hold recommendation on the ASX 200 stock following the strong run higher in its share price.

According to Wielandt:

The outlook for Sims is encouraging in response to the company upgrading full year earnings guidance. Impressive share price gains in the past 12 months leaves SGM a hold for now and a potential buy on further weakness. The stock has risen from $12.51 on April 9, 2025 to trade at $20.62 on April 9, 2026.

What's the latest on Sims shares?

As Wielandt mentioned above, on 18 March, Sims announced that it expects full-year FY 2026 underlying earnings before income on tax (EBIT) to be in the range of $350 million to $400 million.

That's a big leg up from FY 2025 underlying EBIT of $175 million.

Sims shares closed up 9.9% on the day of the announcement.

The post Up 45% in a year, 3 reasons to buy Sims shares today appeared first on The Motley Fool Australia.

But one leading broker is urging investors to stay away from them right now and put their money elsewhere.

Let's see what Shaw and Partners is saying about Australia's largest bank, courtesy of The Bull.

What is the broker saying about CBA shares?

Shaw and Partners concedes that CBA is a high-quality ASX bank share. However, it has concerns over its valuation. The broker notes that given the premium CBA shares trade on, there is little room for error.

In light of this, its analysts think investors should be selling the bank's shares at present and focus on better value options elsewhere in the sector. The broker explains:

The CBA remains a high quality banking operation, but its valuation is increasingly difficult to justify. The stock trades at a significant premium to global peers despite a mature domestic banking market and limited growth potential, in my view.

While earnings remain stable, we see better value elsewhere in the sector. We believe the current share price leaves little margin for error, supporting a sell recommendation on valuation grounds. The shares have risen from $158.74 on February 10 to trade at $181.65 on April 9.

What should you buy instead of CBA?

One ASX share that Shaw and Partners is tipping as a buy this week is Sims Ltd (ASX: SGM). It is a global leader in metal recycling and the provision of circular solutions for technology.

The broker believes that Sims provides investors with long term stronger and sustainable commodity themes. It highlights that demand for recycled inputs, such as lithium, copper and gold, is growing strongly amid the electrification and decarbonisation megatrends.

And while it acknowledges that Sims' shares can be volatile, it thinks it is worth sticking with them over the long term. It said:

Sims offers exposure to long term stronger and sustainable commodity themes through its global metals recycling operations, particularly in Europe. Demand for recycled inputs, such as lithium, copper and gold, continue to grow as electrification and decarbonisation trends advance.

The business provides leverage to improving industrial activity, although earnings can be volatile given commodity price swings and cyclical end markets. In our view, the strategic positioning justifies a buy despite near term volatility.

The post Forget CBA shares and buy this ASX 200 stock: Shaw & Partners appeared first on The Motley Fool Australia.

What did Sims Group report?

• SLS contributed approximately 40% of Sims Group's underlying EBIT in H1 FY26 (A$49 million out of A$121.1 million)
• Group underlying EBIT rose to A$121.1 million in H1 FY26, up from A$73.0 million in H1 FY25
• FY26 SLS underlying EBIT is forecast in the range of A$165–185 million
• FY26 Memory GB Sold forecast is 65–70 million, using new volume metric
• Resale gross margin from Memory GB Sold sits at approximately 30%–35%
• SLS has a capital-light, diversified revenue model with strong secondary market access

What else do investors need to know?

SLS is embedded in key hyperscaler decommissioning cycles, working with major cloud infrastructure players and capturing structural demand growth as hyperscalers invest in new data centres. The business continues to serve both hyperscaler and enterprise clients, combining secure execution, quality service and the ability to ramp up capacity quickly.

The newly introduced "Memory GB Sold" metric now gives a clearer picture of SLS's growth drivers, connecting volumes directly to revenue and reflecting the business's evolving role as a global leader in circular cloud solutions. SLS has also announced an expansion in Ireland, expected to be operational from July 2026, supporting future European growth.

What did Sims Group management say?

Sims Group CEO & Managing Director Stephen Mikkelsen said:

SLS is already a material earnings driver for Sims and is uniquely positioned at the intersection of structural growth trends in technology. Our capital-light business model and strong partner relationships set us up well for the next phase.

What's next for Sims Group?

SLS will continue to focus on expanding volumes with existing hyperscaler partners while onboarding new clients and growing its footprint in key regions like Ireland. The business is scaling up capacity and automation, supporting both DDR4 and next-generation DDR5 memory markets.

Management expects structural tailwinds in cloud and memory markets to drive strong demand over the coming years. SLS targets 15 million Memory GB Sold in Ireland by FY29 and aims to expand adjacent services, such as cloud migration, for enterprise clients.

Sims Group share price snapshot

Over the past 12 months, Sims Group shares have risen 39%, outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 7% over the same period.

View Original Announcement

The post Sims Group earnings: SLS now core to growth appeared first on The Motley Fool Australia.

What did Sims Group report?

• FY21-FY26 compound annual growth rate (CAGR) in sales volume of 8.3%.
• HY26 sales volume annualised at over 3,750,000 tonnes.
• 147 operational facilities and 22 shredders as part of SA Recycling's US footprint.
• 48% gearing ratio and estimated asset base of USD $2.26 billion as at HY26.
• Average annual EBITDA of $496 million (FY21–FY25).
• Average operating cash flow of $353 million between FY21–FY25.

What else do investors need to know?

The group is benefitting from favourable US policy settings, which have supported strong industry investment and demand for recycled metals. Through a dense network of regional facilities and established local sourcing relationships, Sims Group aims to secure consistent scrap supply and maintain stable margins, especially in non-ferrous metals.

Sims continues its disciplined growth strategy by investing in bolt-on acquisitions and advancing operational leverage, with significant utilisation headroom across shredders and yards. The business remains well-capitalised, with ongoing investment capacity for strategic growth.

What's next for Sims Group?

Looking ahead, Sims Group plans to unlock further value in non-ferrous recovery through process improvements and technology upgrades, as well as capitalising on growing domestic demand for segregated aluminium. The company expects utilisation rates and organic growth to create earnings leverage as the steel cycle improves.

A robust pipeline of bolt-on acquisitions remains in sight, particularly in highly fragmented markets, supporting Sims Group's ongoing expansion and consolidation in the US recycling sector.

Sims Group share price snapshot

Over the past year, Sims Group shares have risen 34%, outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 7% over the same period.

View Original Announcement

The post Sims Group posts robust US growth through SA Recycling in FY26 appeared first on The Motley Fool Australia.

It's a diversified list of top performers on my list for the week. One is a major energy supplier; one is a leading healthcare stock; and the third is a global metals and electronics recycler.

Here's why they've been charging higher this week despite the broader market retrace.

ASX 200 stocks leaping higher this week

First up we have Sims Ltd (ASX: SGM).

Shares in the metals and electronics recycler closed last Friday trading for $18.36. At time of writing, shares are changing hands for $20.65. That sees this ASX 200 stock up 12.4% for the week.

Sims shares got a big boost on Wednesday after the company reported a positive FY 2026 trading update.

Noting continued price strength in both the non-ferrous and memory chip markets, Sims forecast full year underlying earnings before interest and tax (EBIT) to be between $350 million and $400 million.

Sims also reassured investors that the impact on its performance from the Middle East conflict to date remains relatively limited outside of shipping and fuel costs.

Moving on to the second ASX 200 stock racing higher in this week's falling market, we have Viva Energy Group Ltd (ASX: VEA).

Shares in the oil refiner and fuel supplier closed last week trading for $2.14 and are currently changing hands for $2.42 each. This puts the Viva Energy share price up 13.3% for the week.

The stock has been a clear beneficiary of surging global oil and gas prices, with shares now up more than 37% over the past months.

Viva Energy also caught investor interest today following news of renewed Federal government support for domestic oil refining as the war in Iran threatens imports.

The government's Fuel Security Services Payment (FSSP) provides financial support for Australia's two remaining refineries when regional refining margins fall below long-term breakeven costs.

Viva Energy owns and operates the Geelong Refinery in Victoria.

Which brings us to…

Leading the charge

The top performing ASX 200 stock on my list for today is Telix Pharmaceuticals Ltd (ASX: TLX).

Shares in the diagnostic and therapeutic product developer closed last Friday at $11.29. Shares are currently trading for $12.99 each. This sees the Telix share price up an impressive 14.7% in this week's slumping market.

Telix shares look to have gotten a delayed boost throughout the week from Monday's announcement that it had resubmitted a New Drug Application to the US Food and Drug Administration for its brain cancer imaging product TLX101-Px (Pixclara).

The resubmission included additional data requested by the FDA.

"Our resubmission is supported by an extensive and compelling data set – particularly so for an orphan indication," Telix chief medical officer David Cade said.

The post 3 ASX 200 stocks screaming higher in this week's sinking market appeared first on The Motley Fool Australia.

It was a shockingly painful day for investors, with the ASX 200 opening sharply lower and staying that way all session. By the time trading wrapped up, the index had plunged by a painful 1.65% down to 8,497.8 points.

This horrid Thursday session for Australian investors comes after a similarly dire morning on Wall Street.

The Dow Jones Industrial Average Index (DJX: .DJI) was slammed, dropping 1.63%.

Things were only slightly better for the tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC), which fell 1.46%.

But let's grit our teeth and return to the local markets now for an autopsy of today's trading, so we can see which of the various ASX sectors were hardest hit today.

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

After a brief dip into negative territory this morning, the ASX 200 spent the rest of the day in the green, closing up 0.31%. That leaves the index at 8,640.6 points.

The optimism that we saw on the local markets this Wednesday followed a similarly optimistic morning on the American markets.

The Dow Jones Industrial Average Index (DJX: .DJI) fared decently, gaining a timid 0.1%

The tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) was more decisive though, rising 0.47%.

But let's get back to the Australian markets now and check out what was happening amongst the different ASX sectors this session.

The post Here are the top 10 ASX 200 shares today 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:

Electro Optic Systems Holdings Ltd (ASX: EOS)

The EOS share price is up 7% to $9.52. Investors have been buying this defence and space company's shares after a major sell-off on Tuesday. That sell-off was triggered by news that the company's CEO, Dr Andreas Schwer, was given approval to sell 2.5 million EOS shares on-market following the exercise of options that were granted under a long-term incentive plan. Some investors may believe the selling was an overreaction, especially after its CEO committed to retain a shareholding well above the minimum levels required under its recently announced shareholding policy.

Humm Group Ltd (ASX: HUM)

The Humm share price is up 5.5% to 69.2 cents. This is despite the financial services company revealing that the Takeovers Panel made a declaration of unacceptable circumstances. It said: "[T]he Panel considered that the following statements in Humm's 17 December 2025 announcement of the conditional, non-binding indicative offer from Credit Corp Group Limited (Credit Corp) to acquire control of Humm (Credit Corp Proposal) were misleading and contrary to an efficient, competitive and informed market." The Panel advised that it is still considering whether it should make final orders.

New Hope Corporation Ltd (ASX: NHC)

The New Hope share price is up 6% to $5.27. This may have been driven by a broker note out of Bell Potter this morning. In response to its half-year results, Bell Potter has upgraded the coal miner's shares to a hold rating with a $4.50 price target. It said: "We upgrade to a Hold recommendation and apply a 5% premium to our sum of the parts valuation with energy security concerns exacerbated by recent geopolitical issues. NHC's low-cost operations will continue to underpin margins through the coal price cycle, funding capital expenditure commitments and supporting shareholder returns."

Sims Ltd (ASX: SGM)

The Sims share price is up 8% to $20.37. This morning, this global leader in metal recycling and the provision of circular solutions for technology released a trading update. Sims revealed that it expects FY 2026 underlying EBIT to be in the range of $350 million to $400 million. This will be at least double the underlying EBIT of $174.9 million that the company reported in FY 2025.

The post Why EOS, Humm, New Hope, and Sims shares are storming higher today appeared first on The Motley Fool Australia.

In early trade, the ASX 200 stock is up 17% to $21.99.

Why is this ASX 200 stock rising today?

For those unfamiliar with Sims, it is a global leader in metal recycling and the provision of circular solutions for technology.

The company notes that it plays a vital role in helping increase circularity and decarbonisation by supplying recycled materials and re-purposed products.

The ASX 200 stock is pushing higher today following the release of a trading update outlining its expected FY 2026 financial performance.

According to the release, Sims expects FY 2026 underlying EBIT for the group to be in the range of $350 million to $400 million.

This will be at least double the underlying EBIT of $174.9 million that the company reported in FY 2025.

A key driver of this will be the company's Sims Lifecycle Services (SLS) division, which is expected to deliver underlying EBIT between $165 million and $185 million. This reflects continued strength in DDR4 secondary market pricing and sustained hyperscaler activity.

Strong pricing tailwinds

Management highlighted that the ASX 200 stock is benefiting from continued price strength in both non-ferrous metals and memory chip markets.

Within its Metal business, strong non-ferrous prices and improved US domestic ferrous prices are helping to offset ongoing pressure from elevated Chinese steel exports, which continue to weigh on scrap prices in export and ANZ domestic markets.

Higher aluminium prices, driven by supply concerns, have also contributed to improved Zorba prices.

Second half improvement expected

Sims expects a materially stronger performance in the second half of FY 2026, particularly across its North America Metals (NAM) and Sims Asia Pacific (SAR) operations.

This follows what management anticipates will be a strong third quarter.

Based on management's guidance, second-half underlying EBIT will be $228.9 million to $278.9 million, compared to $121.1 million in the first half.

However, the company cautioned that the outlook for ferrous prices in ANZ remains subdued in the near term.

Sims also noted that the operational impact from the Middle East conflict has been relatively limited to date, though it has led to higher shipping and fuel costs.

Following today's move, this ASX 200 stock is now up 42% since this time last year.

The post Guess which ASX 200 stock is jumping 17% on strong FY26 guidance appeared first on The Motley Fool Australia.

What did Sims report?

• FY26 Group underlying EBIT expected to be $350–$400 million
• Sims Lifecycle Services underlying EBIT forecast at $165–$185 million
• Stronger prices for non-ferrous metals and memory chips supporting performance
• Metal division sees uplift from aluminium (Zorba) prices and improved US ferrous pricing
• Ongoing headwinds in ferrous prices in Australia and New Zealand

What else do investors need to know?

Sims noted that the ongoing Middle East conflict has had only a limited operational impact so far, mainly affecting shipping and fuel costs. Despite continued high Chinese steel exports putting pressure on scrap prices, Sims' Metal business remains supported by robust non-ferrous pricing and a focus on sourcing more unprocessed material.

Sims Lifecycle Services continues to benefit from high secondary-market demand for DDR4 memory and strong activity from hyperscale customers. Investors will receive further details on this fast-growing division at Sims' Investor Day in Nashville on 25 March 2026.

What's next for Sims?

Looking ahead, Sims expects a strong third quarter and a materially improved second half in both its North America Metals (NAM) and South America Regions (SAR) divisions. However, the outlook for ferrous prices in Australia and New Zealand remains muted in the short term.

The company will unveil more about its SLS segment and key business drivers at the upcoming Investor Day, offering shareholders more clarity on Sims' strategy amid global market shifts.

Sims share price snapshot

Over the past 12 months, Sims shares have risen 22%, outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 10% over the same period.

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The post Sims flags stronger FY26 earnings on robust metals and tech demand 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 edge lower

The Australian share market looks set for a subdued session on Tuesday despite a decent start to the week in the US. According to the latest SPI futures, the ASX 200 is poised to open the day 12 points or 0.15% lower. In late trade on Wall Street, the Dow Jones is up 0.1%, the S&P 500 is up 0.3%, and the Nasdaq is up 0.6%.

Oil prices jump

It could be a good session for ASX 200 energy shares Karoon Energy Ltd (ASX: KAR) and Santos Ltd (ASX: STO) after oil prices jumped overnight. According to Bloomberg, the WTI crude oil price is up 6.3% to US$71.27 a barrel and the Brent crude oil price is up 6.8% to US$77.85 a barrel. This was driven by the war in Iran.

Magellan shares on watch

Magellan Financial Group Ltd (ASX: MFG) shares will be on watch today when they return from a trading halt. On Monday, the fund manager announced a proposed $1.6 billion merger with Barrenjoey. Magellan's chair, Andrew Formica, said: "The merger with Barrenjoey marks a transformative step in MFG's evolution, bringing together two highly complementary businesses to create an Australian financial services group with meaningful scale and breadth."

Gold price storms higher

ASX 200 gold shares Evolution Mining Ltd (ASX: EVN) and Ramelius Resources Ltd (ASX: RMS) could have a good session on Tuesday after the gold price stormed higher overnight. According to CNBC, the gold futures price is up 1.8% to US$5,342.1 an ounce. This was driven by strong demand for safe haven assets in response to the war in the Middle East.

ASX 200 shares going ex-div

A number of ASX 200 shares are going ex-dividend today and could trade lower. This includes pizza chain operator Domino's Pizza Enterprises Ltd (ASX: DMP), property listings giant REA Group Ltd (ASX: REA), scrap metal company Sims Ltd (ASX: SGM), and logistics solutions company Qube Holdings Ltd (ASX: QUB). The latter will be paying eligible shareholders a 5.4 cents per share dividend next month on 9 April.

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

In order to receive a dividend, you must own the ASX share before its ex-dividend date.

Here is a sample of the large number of ASX All Ords shares with ex-dividend dates next week.

ASX All Ords shares about to go ex-dividend

Which companies will we hear from today?

The big one today is the half-yearly report from supermarket network Coles Group Ltd (ASX: COL).

Woolworths shares ripped this week after the ASX All Ords consumer staples giant reported a 16% profit lift to $859 million for 1H FY26.

We'll also hear from TPG Telecom Ltd (ASX: TPG), Michael Hill International Ltd (ASX: MHJ), and Pexa Group Ltd (ASX: PXA).

The latest report from The Star Entertainment Group Ltd (ASX: SGR) will also be interesting, as investors seek further news on the turnaround plan for the beleaguered casino operator.

Yesterday, Star Entertainment shares bounced on news of a debt refinancing deal, including extra liquidity to fund the turnaround plan.

The post 35 ASX All Ords shares with ex-dividend dates next week appeared first on The Motley Fool Australia.

Four ASX shares that have failed to follow the market higher today are listed below. Here's why they are falling:

Reliance Worldwide Corporation Ltd (ASX: RWC)

The Reliance Worldwide share price is down 8% to $3.54. This morning, this plumbing parts company released its half-year results and reported a 4.6% decline in revenue to US$645.4 million and a 34.9% decline in reported net profit after tax to US$43.7 million. Reliance revealed that it was impacted by increased US tariffs and weaker demand in the US and UK. Net sales in the Americas dropped by 7.2% and EMEA (Europe, Middle East and Africa) sales rose by 2.4%.

Santana Minerals Ltd (ASX: SMI)

The Santana Minerals share price is down 12% to 86.5 cents. This has been driven by news that the gold developer has received firm commitments from institutional and sophisticated investors to raise $130 million. These funds are being raised via a placement of approximately 144.4 million shares at 90 cents per new share. Commenting on the news, Santana Minerals' executive director and CEO, Damian Spring, said: "This is a strong show of support for Santana and its proposed development of the Bendigo-Ophir Gold Project. This placement essentially fills the equity component of funding for the development with discussions on the remaining debt funding advancing well."

Sims Ltd (ASX: SGM)

The Sims share price is down 5% to $20.26. This follows the release of the scrap metal company's half-year results. Sims reported a disappointing loss of $29.9 million for the half. This includes unrealised losses on derivative contracts as at the reporting date, together with a further sizeable, expected credit loss on the residual receivable from Unimetals in the UK. Despite this, the company still increased its interim dividend by 40% to 14 cents per share.

Treasury Wine Estates Ltd (ASX: TWE)

The Treasury Wine share price is down a further 5% to $4.72. Investors have been selling this wine giant's shares this week in response to the release of its half-year results. It was a tough half for Treasury Wine, with profit falling materially from the prior corresponding period. This led to the Penfolds owner suspending its dividend. The company's CEO, Sam Fischer, said: "Today's results come at a time when we are already making meaningful progress with the decisive actions required to return TWE to a path of sustainable, profitable growth. Our focus is firmly on the future to strengthen execution and ensure we build a stronger, more resilient business for the long term."

The post Why Reliance, Santana Minerals, Sims, and Treasury Wine shares are falling today appeared first on The Motley Fool Australia.