After opening sharply lower this morning, the ASX 200 stayed in red territory all day and ended up closing with a substantial 0.8% loss. That leaves the index at 9,115.2 points as we head into the weekend.

Today's rough end to the trading week for local investors follows a notably more positive night up on Wall Street.

The Dow Jones Industrial Average Index (DJX: .DJI) overcame a mid-session dip to finish up a lucky 0.13%.

The tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) did better, enjoying a 0.81% rise.

But let's get back to the local boards now and check out how today's selling filtered down into the various ASX sectors this Friday.

Winners and losers

There were still a few sectors that managed to come out ahead this session.

But first, it was mining stocks that were the hardest-hit corner of the market today. The S&P/ASX 200 Materials Index (ASX: XMJ) was slammed, tanking 2.58%.

Gold shares weren't much better, with the All Ordinaries Gold Index (ASX: XGD) plunging 2.38%.

Industrial stocks didn't get a reprieve either. The S&P/ASX 200 Industrials Index (ASX: XNJ) cratered 1.38% this session.

Real estate investment trusts (REITs) weren't popular, as you can tell by the S&P/ASX 200 A-REIT Index (ASX: XPJ)'s 0.78% dive.

Nor were healthcare shares. The S&P/ASX 200 Healthcare Index (ASX: XHJ) had tumbled 0.68% by the end of trading.

Energy stocks did better, but the S&P/ASX 200 Energy Index (ASX: XEJ) was still walked back by 0.31%.

Financial shares were in that ballpark, too. The S&P/ASX 200 Financials Index (ASX: XFJ) slid 0.12% lower this Friday.

But that's it for the red sectors, so let's get to the good stuff.

Leading the winners today were tech stocks, evidenced by the S&P/ASX 200 Information Technology Index (ASX: XIJ)'s 2.83% surge.

Utilities shares also ran hot. The S&P/ASX 200 Utilities Index (ASX: XUJ) enjoyed a 1.03% jump today.

Communications stocks were in demand as well, with the S&P/ASX 200 Communication Services Index (ASX: XTJ) lifting 0.47%.

As were consumer discretionary shares. The S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ) advanced 0.28% over today's trading.

Finally, consumer staples stocks escaped unscathed, illustrated by the S&P/ASX 200 Consumer Staples Index (ASX: XSJ)'s 0.14% improvement.

Top 10 ASX 200 shares countdown

This Friday's index winner was classifieds stock Seek Ltd (ASX: SEK). Seek shares roared 9.13% higher this session to close the week at $15.18 each.

This came despite no fresh news. Perhaps it was a reobund after the big drops we saw earlier in the week, or perhaps a reaction to a buy rating from a broker.

Here's the rest of today's best:

Enjoy the weekend!

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.

Of course, there's a danger they could fall even further from here. But, even if they do, the two ASX shares I want to highlight look like they could materially climb over the next two or three years.

I'm bullish on the two stocks below and optimistic they can bounce back.

ARB Corporation Ltd (ASX: ARB)

The business claims to be Australia's largest manufacturer and distributor of 4WD accessories which are made to perform in harsh environments. It distributes its products to more than 100 countries.

A significant portion of the company's products are manufactured in Thailand, where costs are denominated in the Thai baht. The weaker Australian dollar hurt margins in the FY26 first half and this is part of what has sent the ARB share price down by more than 50% since August 2025.

I believe this decline could be a great time to invest. As Warren Buffett once said, be fearful when others are greedy and greedy when others are fearful.

The company believes there a number of elements that could help the company's long-term success. That includes the expansion of the Australian and New Zealand aftermarket, with new and upgraded retail stores and stockists, and the launch of the new e-commerce sites.

Next, the company highlighted developments in both distribution and product dedicated to the USA market.

ARB also noted increased distribution and manufacturing capacity to accommodate future growth. It also highlighted a pipeline of new product developments and releases.

According to the projection on Commsec, the ARB share price is valued at 17x FY26's estimated earnings and 15x FY27's estimated earnings.

Tuas Ltd (ASX: TUA)

Another ASX share that I think looks very undervalued in my opinion is the Singapore-based ASX telco share.

At the time of writing, it has writing more than 60% since mid-May. Ouch. It's close to its 52-week low.

The Infocomm Media Development Authority of Singapore (IMDA) said it had learned that Simba may have been using radio frequency bands it was not authorised to use. This led to the termination of the M1 acquisition, leaving Tuas with a lot more shares (and a large cash balance) compared to before the attempted acquisition.

I don't think this will stop the business operating in Singapore and it hopefully won't slow the company's growth in Singapore too much. The Tuas share price looks undervalued for how much regular profit it's generating, plus it can grow in other ways with that cash pile, such as expanding internationally.

In the FY26 first half, the company reported revenue growth of 26% and underlying operating (EBITDA) rose 27%. It grew revenue at a strong pace and the profit margin increased.

The business is making progress expanding its mobile and broadband user base, which is helping its top line and bottom line. It's already very profitable on a cash flow basis – HY26 operating cash flow was $50.1 million. This can be used to improve the business in the coming periods. 

Despite the setback, I think this ASX share can bounce back from near its 52-week lows.

The post 2 ASX shares near 52-week lows I'd buy today appeared first on The Motley Fool Australia.

After opening sharply lower at the start of morning trading, the ASX 200 did recover a little over the day. But it wasn't nearly enough to save investors from a loss. By the time trading finished, the index had lost 0.26% and closed at 8,762.5 points.

This depressing Thursday for the local markets came after a mixed night over on the US markets.

The Dow Jones Industrial Average Index (DJX: .DJI) wasn't in a good place, dropping 1.09%.

However, the tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) fared far better, rising 0.2%.

Let's get back to the local markets now and check out how today's tough trading conditions have percolated down into the various ASX sectors.

Winners and losers

Despite the market's bad mood this Thursday, there were plenty of sectors that were spared from a sell-down.

But first, it was mining stocks that got slammed the hardest today. The S&P/ASX 200 Materials Index (ASX: XMJ) ended up crashing 1.48% lower.

Gold shares had another rough one too, with the All Ordinaries Gold Index (ASX: XGD) tumbling 1.24%.

We can say the same for real estate investment trusts (REITs). The S&P/ASX 200 A-REIT Index (ASX: XPJ) sank 1.1% by the closing bell.

Financial stocks were a little better, though, as illustrated by the S&P/ASX 200 Financials Index (ASX: XFJ)'s 0.15% slip.

Turning to the green sectors now, energy shares had a blowout. The S&P/ASX 200 Energy Index (ASX: XEJ) ended up surging 1.67% higher.

Utilities stocks also ran hot, with the S&P/ASX 200 Utilities Index (ASX: XUJ) soaring 1.28%.

Consumer staples shares were solid. The S&P/ASX 200 Consumer Staples Index (ASX: XSJ) galloped 0.97% higher this session.

Tech stocks were in demand too, as you can see by the S&P/ASX 200 Information Technology Index (ASX: XIJ)'s 0.92% bounce.

Communications shares fared decently. The S&P/ASX 200 Communication Services Index (ASX: XTJ) added 0.89% to its total today.

As did consumer discretionary stocks, with the S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ) advancing 0.58%.

Healthcare shares stayed afloat. The S&P/ASX 200 Healthcare Index (ASX: XHJ) lifted 0.13% this Thursday.

Finally, industrial stocks got over the line, evident from the S&P/ASX 200 Industrials Index (ASX: XNJ)'s 0.12% bump.

Top 10 ASX 200 shares countdown

Today's top stock was building supplies company Fletcher Building Ltd (ASX: FBU). Fletcher shares rocketed 7.55% this session to $2.99 each.

This followed the stock releasing some updated earnings guidance, which investors clearly appreciated.

Here's how the other winners 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.

100 ASX 200 shares rose in FY26, 11 finished steady, and 89 lost value. 

Here, we take a closer look at the stragglers.

All five of these ASX 200 shares more than halved in value last year, and unusually, three are large-caps. 

5 biggest fallers of the ASX 200 in FY26 

These are the five worst-performing ASX 200 shares for capital growth in FY26.

1. WiseTech Global Ltd (ASX: WTC)

This ASX 200 tech share crumbled 70% to finish the year at $33 apiece. 

Wisetech shares traded in a 52-week range of $28.76 to $121.31 in FY26. 

The company's CargoWise software-as-a-service (SaaS) platform remains a leading management product within the global logistics industry.

However, governance issues plagued the ASX 200 tech share in FY26.

As my colleague Marc reported, media scrutiny about founder and executive chairman, Richard White, has made making investors feel uneasy. 

2. Tuas Ltd (ASX: TUA)

This ASX 200 telecommunications share lost 62% of its valuation to close out FY26 at $2.27. 

Tuas shares traded in a 52-week band of $1.91 to $8.38 in FY26. 

On 18 May, the Tuas share price crashed 63% after the Singapore-based telco revealed its Simba business may have used radio frequency bands it was not authorised to use. 

Then last month, Tuas shares were smashed again after the company terminated its proposed S$1.4 billion acquisition of M1 Limited.

Tuas had undertaken a $416 million capital raising at $5.51 per new share to fund the acquisition. 

3. Xero Ltd (ASX: XRO)

This ASX 200 technology share tanked 60% to finish FY26 at $72.22. 

Xero shares traded in a 52-week range of $65 to $186.38 in FY26. 

Many experts believe this accounting software provider has been unfairly sold off amid a broader tech sector rout. 

The ASX 200 tech sector was the second-worst performer of the 11 market sectors in FY26, dropping 37.22%.

Market fear over how artificial intelligence (AI) may impact software-as-a-service (SaaS) businesses, like Xero, contributed to the rout. 

Xero reported a 27% fall in net profit after tax (NPAT) for FY26, largely due to its Melio acquisition.

The company overtook Wisetech as the ASX 200 tech sector's No. 1 share by market cap in May.

4. Cochlear Ltd (ASX: COH)

This ASX 200 healthcare share fell 59% to $121.75 in FY26. 

Cochlear shares traded between an 11-year low of $88.74 and a peak of $319.56 in FY26. 

The Cochlear share price crashed when the hearing implant maker downgraded its guidance in April.

Cochlear cited capacity constraints at hospitals, falling consumer confidence, cancellations in the Middle East, industrial action in Italy and Spain, and China lowering patient rebates. 

Healthcare was the worst-performing sector of FY26 due to many industry headwinds. 

The S&P/ASX 200 Health Care Index (ASX: XHJ) fell 37.4% in FY26.

5. CSL Ltd (ASX: CSL)

The market's largest ASX 200 healthcare share by market cap had another terrible year.

The CSL share price declined 52% to finish FY26 at $114.74 on Tuesday. 

CSL shares traded between a 10-year low of $90 per share and a high of $275.79 in FY26. 

The biotech giant downgraded its FY26 outlook and announced $5 billion in extra non-cash pre-tax impairments for FY26 and FY27.

The CSL Vifor division has also disappointed investors.

Some fundies are taking overweight positions in CSL shares on hopes of a comeback for this former ASX 200 blue-chip share. 

The healthcare sector appeared to pivot on 3 June when the index hit a 9-year low.

Since then, value investors have returned, and CSL shares have outperformed the index.

The CSL share price has risen 24% vs. a 17% lift for ASX 200 healthcare shares as a group since 3 June. 

The post 5 biggest losers on the ASX 200 in FY26 appeared first on The Motley Fool Australia.

The S&P/ASX 200 Index (ASX: XJO) enjoyed its second positive trading day of the week so far this Tuesday, although it was a close call.

After yesterday's euphoric session, investors were far more downbeat this morning, with the ASX 200 opening sharply lower. However, the index recovered over the rest of the day, and eventually finished up 0.042% at 8,917.7 points.

This cautious day for Australian investors comes after an excited start to the American trading week on Wall Street last night.

The Dow Jones Industrial Average Index (DJX: .DJI) was in fine form, rising 0.92%.

But the tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) was off to the races, rocketing a hefty 3.07%.

Let's return to the local markets now and take stock of what the different ASX sectors were up to today amid our middling trading conditions.

Winners and losers

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

Tuas is one of the holdings inside the WAM Capital Ltd (ASX: WAM) portfolio – Wilson Asset Management is a fund manager backing the business.

WAM Capital is one of the largest listed investment companies (LICs) on the ASX, with a market capitalisation not far from $2 billion. It aims to invest in the most compelling undervalued growth opportunities in the Australian share market.

Let's look at why the ASX 300 share is so compelling.

What happened to the ASX 300 share?

The Wilson Asset Management team described Tuas as a telecommunications company that owns and operates the SIMBA mobile network in Singapore.

WAM noted that the Tuas share price has declined significantly on the back of an update from the Singaporean telecommunications regulator Infocomm Media Development Authority (IMDA), which halted its review of Tuas' proposed acquisition of M1 Limited.

That proposed acquisition did not proceed before the 21 May 2026 deadline because of revelations that Tuas' subsidiary, Simba, may have been using radio frequency bands that it was not authorised to use.

WAM noted that Simba is cooperating with the regulator's investigation and continues to operate its network in Singapore.

Why are Tuas shares an opportunity?

The investment team said that while the news is disappointing, WAM has "strong conviction" in the underlying business which has "outperformed significantly" since the acquisition announcement last year.

WAM believes the ASX 300 share can continue to grow strongly, supported by differentiated products in both the mobile and fixed line space of the Singapoean telco market.

The company's latest update showed significant growth by the business.

In the first half of FY26, Tuas reported revenue growth of 26% to S$91.9 million, with underlying operating profit (EBITDA) jumped 27% to S$42.1 million. Tuas said the faster EBITDA growth reflected "strong operational leverage". Pleasingly, the underlying EBITDA margin improved to 46%, up from 45% in the first half of FY25.

The revenue growth was largely driven by expansion in both mobile and broadband users. Mobile users rose 21.7% to 1.4 million and the relatively new broadband division saw subscriber growth of around 32,000 to 46,000.

It's important to remember that the business generated S$18.7 million of underlying net profit and S$50.1 million of operating cash flow in the first half of FY26. If it can grow earnings from here, it can justify a higher valuation.

Plus, it now has a large amount of cash to use for growth. With the M1 deal not going ahead, it could use that money to expand into other markets.

Tuas is certainly a higher-risk investment with the company under regulatory attention, so there may be other ASX shares that may have an easier path to growth.

The post This ASX 300 share is down 63% in 2026: Experts think it's a buy! 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.

Unfortunately, not all shares climbed with the market. Here's why these were the worst-performing ASX 200 shares in May:

Tuas Ltd (ASX: TUA)

The Tuas share price was the worst-performer on the ASX 200 index by some distance with a decline of 65%. Investors were selling the Singapore-based telco's shares after it terminated its proposed S$1.4 billion acquisition of M1 Limited. Tuas made the move after authorities learned that its Simba business may have been using radio frequency bands it was not authorised to use. To fund the acquisition, Tuas undertook a A$416 million capital raising at $5.51 per new share. It is unclear what the company will now do with these funds.

Tabcorp Holdings Ltd (ASX: TAH)

The Tabcorp share price was a poor performer and lost 32% of its value in May. The catalyst for this was news that the gambling company has become the subject of an AUSTRAC enforcement investigation. Tabcorp advised that this relates to anti-money laundering and counter-terrorism financing (AML/CTF) compliance. AUSTRAC has stated that the investigation is at an early stage and its approach will be determined once sufficient evidence has been collected and assessed. In response to the news, Tabcorp's CEO, Gillon McLachlan, said: "I am committed to leading a compliant and safe company that understands its risk obligations. Uplifting our risk capability has been an ongoing part of the Company's transformation and we will work constructively with AUSTRAC through this process."

IDP Education Ltd (ASX: IEL)

The IDP Education share price was out of form and sank 32% over the month. This was despite there being no news out of the language testing and student placement company. However, late in the month, the team at Macquarie downgraded IDP Education's shares to an underperform rating (from neutral) with a reduced price target of $2.35 (from $5.45).

Brambles Ltd (ASX: BXB)

The Brambles share price had a tough time in May and dropped 27%. This was driven by a guidance downgrade from the supply chain solutions company. Brambles revealed that it now expects sales revenue growth of 2% to 3% (from 3% to 4%) and underlying profit growth of 3% to 5% (from 8% to 11%). The company's CEO, Graham Chipchase, said: "Our immediate priority is to meet our customers' needs and to restore stability and service in the affected parts of our US network. Our response and ongoing investments in quality reinforce that meeting our customers' needs is non-negotiable. We will not compromise on the investment required to meet the quality, network resilience and service outcomes our customers expect."

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

One of this week's laggards is a major iron ore miner, the second is a telecommunications company, and the third is a listed exchange group I'm confident you're well familiar with.

So, which stocks are tumbling amid this week's rebounding market?

I'm glad you asked!

Champion Iron Ltd (ASX: CIA)

The first stock having a week to forget is Champion Iron.

Champion Iron shares closed last Friday trading for $4.93. At the time of writing, shares are swapping hands for $4.50 each. That sees this ASX 200 stock down 8.7% for the week.

Shares in the iron ore miner closed down 4.6% on Thursday, and are down another 6.1% today, following the release of the company's March quarter results.

On the plus side, the miner reported an 8% year-on-year increase in iron ore concentrate production to 3.4 million wet metric tonnes (wmt).

But investors have been favouring their sell buttons, with Champion Iron reporting a 2.3% year-on-year decline in quarterly revenue to US$414.5 million.

Earnings before interest, taxes, depreciation and amortisation (EBITDA) of US$114.3 million were down a steeper 10.3%.

Tuas Ltd (ASX: TUA)

Also taking a tumble this week, we have Tuas.

Shares in the Singapore-based telecom stock closed last Friday trading for $2.31, and are currently trading for $2.05 each. That sees this ASX 200 stock down 11.3% for the week.

There was no fresh price-sensitive news out from the company this week. But Tuas shares have been under intense selling pressure since 18 May. This follows an admission by the company that its SIMBA mobile business "may have been using radio frequency bands that it was not authorised to use".

Tuas then terminated its agreement to acquire Singapore telecom company M1 Limited, noting it would not move forward with its intended purchase.

Tuas shares are now down 66.1% since market close on 15 May.

Which brings us to…

ASX Ltd (ASX: ASX)

The worst performing ASX 200 stock this week is Australian stock exchange operator ASX Ltd.

ASX shares closed last Friday trading for $59.50. At the time of writing, shares are changing hands for $45.88.

This sees the ASX share price down a steep 22.9% for the week.

ASX shares closed down 13.2% on Tuesday after the company released an update pointing to a sharp rise in costs in FY 2027.

The telco expects total expenses to increase between 18% and 21% in the financial year ahead, partly driven by ongoing technology investments.

The post Why are these 3 ASX 200 stocks crashing in this week's rebounding market? 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:

Champion Iron Ltd (ASX: CIA)

The Champion Iron share price is down 6% to $4.49. This morning, Bell Potter responded to the iron ore producer's results by retaining its hold rating with a reduced price target of $4.85. It said: "CIA expect to ramp-up high-grade concentrate (DRPF grade) production from mid2026. While we expect iron content price premiums for this product, full value-in-use premiums are unlikely to be realised until longer-term offtake is secured. Free cash flow should improve from FY27 as capex rolls off, supporting debt servicing and ongoing dividends. On valuation, we retain our Hold recommendation."

IDP Education Ltd (ASX: IEL)

The IDP Education share price is down 15% to $2.25. This may have been driven by a broker note out of Macquarie. According to the note, the broker has downgraded the language testing and student placement company's shares to an underperform rating (from neutral) with a reduced price target of $2.35 (from $5.45). The broker made the move on the belief that IDP Education could fall short of expectations partly due to weak student visa volumes.

Tuas Ltd (ASX: TUA)

The Tuas share price is down a further 1.5% to $2.06. Investors have been selling down this Singapore-based telco's shares this week after it terminated its proposed S$1.4 billion acquisition of M1 Limited. Tuas made the move after authorities learned that its Simba business may have been using radio frequency bands it was not authorised to use. To fund the acquisition, Tuas undertook a A$416 million capital raising at $5.51 per new share.

Woodside Energy Group Ltd (ASX: WDS)

The Woodside Energy share price is down over 1% to $30.29. Investors have been selling energy shares today amid news that the US and Iran are closing in on a deal to extend their ceasefire and reopen the Strait of Hormuz. If oil starts flowing through the strait again, it could put significant pressure on oil prices. The S&P/ASX 200 Energy index is down 1% at the time of writing.

The post Why Champion Iron, IDP Education, Tuas, and Woodside shares are dropping today 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:

ASX Ltd (ASX: ASX)

The ASX share price is down a further 7.5% to $47.16. Investors have been selling the stock exchange operator's shares this week following the release of guidance for FY 2027. Management revealed that FY 2027 total expense growth is expected to be between 18% and 21%. It advised: "This is primarily driven by technology modernisation, the expanded Accelerate Program as part of our response to the ASIC Inquiry and investments to support customer-driven growth." ASX has also increased its capex guidance for FY 2027. It now expects capex of $180 million to $200 million (from $160 million to $180 million). It then expects further capex of $170 million to $190 million in FY 2028.

Commonwealth Bank of Australia (ASX: CBA)

The CBA share price is down 1% to $162.70. This is despite there being no news out of Australia's largest bank on Wednesday. However, it is worth noting that all of the big four banks are trading lower today. It is possible that some large investors are rotating funds out of the banks and into other areas of the market.

Endeavour Group Ltd (ASX: EDV)

The Endeavour share price is down 4% to $2.95. This follows the release of the drinks giant's strategy update this morning. Although the Dan Murphy's and BWS owner has a bold new strategy in place, which includes cost savings of $300 million, it has announced a reduction in its dividend payout ratio to conserve cash.

Tuas Ltd (ASX: TUA)

The Tuas share price is down a further 2% to $2.12. This Singapore-based telco's shares have been under significant pressure since it terminated its proposed acquisition of M1 Limited. The company made the move after authorities suspended the review of the deal in response to news that Tuas' Simba business may have used spectrum it did not own. It said: "Simba continues to co-operate with the investigation being undertaken by the Infocomm Media Development Authority into potential breaches of the Telecommunications Act and the conditions of Simba's Facilities-Based Operator Licence. Tuas will keep shareholders updated in relation to that investigation."

The post Why ASX, CBA, Endeavour, and Tuas shares are falling today 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:

Arafura Rare Earths Ltd (ASX: ARU)

The Arafura Rare Earths share price is down 11% to 27.5 cents. The catalyst for this has been news that the rare earths developer has raised $350 million through an institutional placement. The company is raising the funds at a 16.1% discount to its last close price. Arafura's CEO and managing director, Darryl Cuzzubbo, said: "The strong support received for this capital raising is a clear endorsement of the Nolans Rare Earths Project and Arafura's role in building a diversified, Western rare earths supply chain. With this successful result and the Board's recent Final Investment Decision, we look forward to commencing construction of this nationally significant project, which we are targeting in around September 2026."

Dalrymple Bay Infrastructure Ltd (ASX: DBI)

The Dalrymple Bay Infrastructure share price is down almost 2% to $5.50. This has been driven by the terminal infrastructure and services provider's shares going ex-dividend this morning. Earlier this month, the company declared a quarterly dividend of 6.75 cents per share. This will be paid to eligible shareholders next month on 12 June.

Tuas Ltd (ASX: TUA)

The Tuas share price is down a further 4% to $2.22. Last week, this Singapore-based telco terminated its proposed acquisition of M1 Limited. This followed news that authorities had suspended the review of the deal after Tuas' Simba business allegedly used spectrum it did not own. It said: "Simba continues to co-operate with the investigation being undertaken by the Infocomm Media Development Authority into potential breaches of the Telecommunications Act and the conditions of Simba's Facilities-Based Operator Licence. Tuas will keep shareholders updated in relation to that investigation."

Woodside Energy Group Ltd (ASX: WDS)

The Woodside Energy share price is down 4% to $30.84. Investors have been selling this energy producer's shares following a pullback in oil prices on Monday. Traders have been selling oil amid optimism that the US and Iran will soon sign a peace deal and reopen the Strait of Hormuz. It isn't just Woodside shares that are falling on the news. The S&P/ASX 200 Energy index is down 2% at the time of writing.

The post Why Arafura Rare Earths, Dalrymple Bay, Tuas, and Woodside shares are falling today appeared first on The Motley Fool Australia.

So, which stocks came under heavy selling pressure this week?

Read on!

Northern Star Resources Ltd (ASX: NST)

First up, we have Northern Star shares.

Shares in the Aussie gold mining giant closed last week trading for $20.50. At the time of writing, shares are changing hands for $18.89 each. That sees this ASX 200 share down 7.9% for the week.

Northern Star shares have closed in the red every day this week and look to do so again today.

Shares closed down 2.1% yesterday following the release of the company's March quarter update.

Over the three months, Northern Star sold 380,807 ounces of gold. The miner produced that gold at an all-in sustaining cost (AISC) of $2,709 per ounce and reported revenue from gold sales of $2.01 billion.

Atop a modest retrace in the gold price this week (currently at US$4,527 per ounce, according to data from Bloomberg), Northern Star shares may have come under pressure with the company expecting an increase in its full-year FY 2026 growth capital expenditures.

Brambles Ltd (ASX: BXB)

Brambles shares also had a week to forget.

Shares in the global pallets and crates supplier closed last Friday trading for $22.10 and are currently trading for $16.96 each. That puts this ASX 200 share down 23.3% for the week.

Brambles shares crashed 20.2% on Monday following a trading update.

Investors were reaching for their sell buttons after Brambles cut its full-year FY 2026 sales revenue growth forecast to 2% to 3%. That was down from prior guidance of 3% to 4% revenue growth (at constant exchange rates).

Management also cut full-year profit growth guidance to 3% to 5%, down from prior guidance of 8% to 11% FY 2026 profit growth.

Which brings us to…

Tuas Ltd (ASX: TUA)

The worst-performing ASX 200 share this week is Tuas.

Shares in the Singapore-based telecom stock closed last week trading for $6.10. At the time of writing, shares are swapping hands for $2.28 each, putting the Tuas share price down a painful 62.6% for the week.

Most of that pain was delivered on Monday after the company announced that its SIMBA mobile business "may have been using radio frequency bands that it was not authorised to use".

Today, investors learned that Tuas' planned acquisition of Singapore telecom company M1 Limited will no longer proceed.

The post 3 ASX 200 shares crashing in this week's rebounding market 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:

Catapult Sports Ltd (ASX: CAT)

The Catapult Sports share price is down 5.5% to $3.55. Investors have been selling this sports technology company's shares despite there being no news out of it. However, it is worth noting that Catapult's shares have rallied very strongly this week following the release of its FY 2026 results. In fact, despite today's pullback, the Catapult share price remains up almost 18% since this time last week. This could mean that some investors are taking a bit of profit off the table during Friday's session.

Insurance Australia Group Ltd (ASX: IAG)

The IAG share price is down 4.5% to $7.77. This appears to have been driven by a broker note out of Citi this morning. According to the note, the broker has downgraded the insurance giant's shares to a neutral rating (from buy) with an $8.50 price target. Citi made the move largely on valuation grounds following a recent share price rally. In addition, it has concerns over IAG's exposure to Greensill-related litigation risks.

Telstra Group Ltd (ASX: TLS)

The Telstra share price is down 1.5% to $5.38. This also may have been driven by the release of a broker note this morning. According to a note out of Macquarie, its analysts have downgraded Telstra's shares to a neutral rating (from outperform) with a trimmed price target of $5.57 (from $5.64). The broker thinks investors should be looking at tech stocks in the current environment rather than defensive telcos. This is particularly the case given its belief that the defensive premium that Telstra shares command could be at risk as interest rates rise.

Tuas Ltd (ASX: TUA)

The Tuas share price is down 3.5% to $2.23. This follows news that the Singapore-based telco has terminated its proposed acquisition of M1 Limited. This follows news earlier this week that authorities had suspended the review of the deal after Tuas' Simba business was found to have allegedly used spectrum it did not own. It said: "Simba continues to co-operate with the investigation being undertaken by the Infocomm Media Development Authority into potential breaches of the Telecommunications Act and the conditions of Simba's Facilities-Based Operator Licence. Tuas will keep shareholders updated in relation to that investigation."

The post Why Catapult Sports, IAG, Telstra, and Tuas shares are falling today appeared first on The Motley Fool Australia.

Two of the popular stocks are charging ahead of the 0.6% gains posted by the S&P/ASX 200 Index (ASX: XJO) as we head into the Friday lunch hour, while one is mired in the red.

Here's what's catching investor interest.

Appen shares rocket on bullish AI outlook

Appen shares are off to the races today.

At time of writing, shares in the ASX All Ords AI applications data solutions provider are trading for $1.27 apiece up 13.4%.

The stock is turning heads following its annual general meeting (AGM) today.

Amid the ongoing artificial intelligence revolution, Appen CEO Ryan Kolln noted, "Appen plays a critical role in the AI ecosystem by providing high quality data that is used to build and monitor AI models."

Pleasingly, the ASX tech stock also reaffirmed its fully year FY 2026 revenue guidance to be in the range of $270 million to $300 million. That compares to FY 2025 revenue of $231 million.

"We remain confident in the AI data market and in Appen's ability to meaningfully contribute to the development of leading foundation models," Kolln said, offering a bullish outlook for Appen shares.

Tuas shares sink further on axed M1 acquisition

Tuas shares are sliding today.

Shares in the ASX 200 Singapore-based telecom stock are down 1.3%, changing hands for $2.28 each.

This comes after the company announced the termination of its agreement to acquire Singapore telecom company M1 Limited. Tuas had reported its intentions to acquire M1 last year.

Today, management said that with several conditions precedent remaining unfulfilled by the required date, the company would not move forward with that purchase.

Tuas shares closed down a sharp 16.9% on Wednesday, when news broke that the company's SIMBA mobile business "may have been using radio frequency bands that it was not authorised to use".

Which brings to…

Guzman Y Gomez shares surge on US exit news

Joining Tuas and Appen shares in turning heads today we find Guzman Y Gomez shares.

Shares in the ASX 200 Mexican fast food restaurant chain are up 15.4% at time of writing, swapping hands for $20.87 apiece.

Investors are piling into Guzman Y Gomez shares after the company reported that it was exiting the United States market, where it's been struggling to achieve sales growth.

But investors look to applauding the move, with management stating that the company's Australian business is in "a solid position, with strong growth, world class unit economics and a significant network growth opportunity".

With renewed focus on Australia, Guzman Y Gomez increased its full year FY 2026 Australia Segment earnings before interest, taxes, depreciation and amortisation (EBITDA) guidance to around $85 million. That's 29% higher than FY 2025 earnings in Australia.

The post Why is everyone talking about Guzman Y Gomez, Tuas and Appen shares on Friday? appeared first on The Motley Fool Australia.

Among the 11 market sectors, materials is in the lead today, up 1%, while utilities is the laggard, down 1%.

Let's take a look at some stocks that have received renewed buy recommendations from the experts this week.

Tuas Ltd (ASX: TUA)

The Tuas share price is $2.27, down 1.7% today.

The ASX 200 telco share is down 63% since news dropped that the company has allegedly been using spectrum it doesn't own.

Morgan Stanley kept its buy rating on Tuas shares with a $10 target this week.

This implies a massive potential capital gain of 325% over the next year.

Dalrymple Bay Infrastructure Ltd (ASX: DBI)

The Dalrymple Bay Infrastructure share price is $5.60, down 0.8% today.

Over the past six months, this ASX 200 industrial share has leapt 25%.

Citi reaffirmed its buy rating and raised its 12-month target from $5.75 to $6.10 on Thursday.

This suggests a potential 8% upside ahead.

Graincorp Ltd (ASX: GNC)

The Graincorp share price is $4.75, up 0.9% today.

This ASX 200 agribusiness share has tumbled 45% over six months.

Canaccord Genuity renewed its buy rating with a $6.88 target on Monday.

This implies potential capital growth of 45% over the next year.

Megaport Ltd (ASX: MP1)

The Megaport share price is $12.98, up 1.2% today.

Over the past month, this ASX 200 technology share has ripped 48% higher.

Morgans renewed its buy rating and raised its target from $13.50 to $15.50 this week.

This suggests a potential 19% upside ahead.

The broker commented:

MP1 has announced a series of large contract wins which are financially and strategically significant.

MP1 will use its globally unique communications platform to connect servers and GPU clusters in numerous DCs across the US.

DC power constraints are a growing issue and MP1 was uniquely able to stitch together multiple sites to provide consolidated inference solutions.

Electro Optic Systems Holdings Ltd (ASX: EOS)

The Electro Optic Systems share price is $8.98, up 12% on Friday.

Over the past month, this ASX 200 defence share has fallen 16%.

Canaccord Genuity renewed its buy rating and raised its target from $12.50 to $14 this week.

This suggests a potential 24% upside ahead.

Charter Hall Group (ASX: CHC)

The Charter Hall share price is $19.35, up 0.5% today.

This real estate investment trust (REIT) has declined 21% over the year to date.

Morgan Stanley reiterated its buy rating with a price target of $26.89 on Monday.

This implies a potential near-40% upside ahead.

James Hardie Industries plc (ASX: JHX)

The James Hardie share price is $29.10, up 4% today.

This building materials supplier is the largest non-mining company in the ASX 200 materials sector.

James Hardie shares have fallen 19% over 12 months.

This week, James Hardie released its FY26 results.

Amid subdued construction activity, broker Morgans said FY26 could be "chalked up as a transformational but financially dilutive year, while FY27 is about margin and cash-recovery driven by synergies rather than any improvement in the housing market".

Morgans reiterated its buy rating with a price target of $39.

This implies potential capital gains of 34% ahead.

The post 7 ASX shares with strengthened buy ratings this week appeared first on The Motley Fool Australia.

What did Tuas report?

• Termination of Sale and Purchase Agreement for M1 Limited acquisition
• Agreement conditions not fulfilled by the extended long-stop date of 21 May 2026
• No new financial metrics reported in this announcement
• Simba Telecom (subsidiary) continues current Singapore operations

What else do investors need to know?

The Sale and Purchase Agreement dating from August 2025 between Tuas, its Simba Telecom subsidiary and Keppel entities has now ended. With several conditions precedent unfulfilled by 21 May 2026, all parties have been released from their obligations.

In parallel, Simba Telecom remains engaged in a regulatory investigation by Singapore's Infocomm Media Development Authority into potential breaches of the Telecommunications Act and licence conditions. Tuas has committed to keeping shareholders updated on progress in this matter.

What's next for Tuas?

Tuas says Simba will continue to focus on its core telecom business in Singapore, offering competitive and innovative mobile plans. The company has signalled ongoing cooperation with regulators and plans to keep the market informed regarding further developments.

The failed M1 acquisition could see Tuas reassessing its growth strategies and exploring other opportunities in the regional telecommunications space.

Tuas share price snapshot

Over the past year, Tuas shares have declined 59%, trailing the S&P/ASX 200 Index (ASX: XJO) which has risen 3% over the same period.

View Original Announcement

The post Tuas terminates M1 acquisition appeared first on The Motley Fool Australia.

After yesterday's nasty loss to start the week, investors were clearly more optimistic today, with the ASX 200 starting in the green and remaining consistent until market close. By that time, the index had finished with a 1.17% rise to 8,604.7 points.

This happy trading day for the local markets comes after a mixed start to the American trading week on Wall Street last night.

The Dow Jones Industrial Average Index (DJX: .DJI) was in a good mood, rising 0.32%.

However, things were different on the tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC), which fell 0.51%.

But let's get back to the ASX now and take stock of how the different ASX sectors navigated today's fair trading conditions.

Winners and losers

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 storming higher:

Elders Ltd (ASX: ELD)

The Elders share price is up 1.5% to $5.63. Investors have been buying the agribusiness company's shares today following a 23% decline on Monday. Bell Potter would likely be supportive of this buying. This morning, the broker retained its buy rating with a reduced price target of $6.45 (from $9.00). It said: "1H26 was a consensus miss on higher SYSMOD linked costs and to a degree reflects dual running costs that should reduce into FY27e. However, this was poorly communicated and largely mitigated the benefit of operating leverage. Delivering on the promise of Delta, backward integration and SYSMOD, while unwinding duplicate cost structures are central to EPS growth, but this needs to be done in a potentially more difficult 2HCY26 seasonal backdrop with a CEO transition."

New Hope Corporation Ltd (ASX: NHC)

The New Hope share price is up over 3% to $5.50. This may have been driven by a broker note out of Macquarie this morning. In response to the coal miner's quarterly update, the broker has put an outperform rating and $7.00 price target on its shares. This implies potential upside of 27% for investors over the next 12 months.

Pro Medicus Ltd (ASX: PME)

The Pro Medicus share price is up a further 3.5% to $131.13. Investors have been buying the health imaging technology company's shares this week after it announced a seven-year, A$90 million contract with Boston-based Beth Israel Lahey Health. This will see the company's cloud-based Visage 7 Enterprise Imaging Platform implemented throughout Beth Israel Lahey Health providing a unified diagnostic imaging platform. Pro Medicus' CEO, Dr Sam Hupert, said: "Our pipeline remains strong and spans all market segments. This deal is for our 'full stack' comprising all three core Visage products, namely viewer, workflow and archive, a trend we see continuing."

Tuas Ltd (ASX: TUA)

The Tuas share price is up 25% to $2.84. Bargain hunters have been snapping up this Singapore-based telco company's shares following a massive decline on Monday. Investors have been selling its shares after it revealed that its Simba business has allegedly been using spectrum that it doesn't own. In light of this, the Infocomm Media Development Authority of Singapore (IMDA) has suspended its review of Tuas' proposed acquisition of M1 Limited for S$1.43 billion. The company said: "The circumstance identified by the IMDA as giving rise to its decision to suspend the review is that it had learned that Simba may have been using radio frequency bands that it was not authorised to use, which would be a breach of the Telecommunications Act and the conditions of Simba's Facilities-Based Operations Licence."

The post Why Elders, New Hope, Pro Medicus, and Tuas shares are storming higher today appeared first on The Motley Fool Australia.

Here's what they are recommending investors do with these shares this week:

Cleanaway Waste Management Ltd (ASX: CWY)

DP Wealth Advisory has named this waste management company's shares as a buy this week.

It likes Cleanaway partly because of the waste management industry's high barriers to entry.

In addition, while it acknowledges that there are regulatory risks, the wealth advisory firm appears to see an attractive risk-reward on offer here following share price weakness. It said:

This waste management company enjoys high barriers to entry, making it difficult for competitors to undercut or take market share. Underlying earnings before interest and tax increased by 60 per cent between fiscal years 2022 and 2025. Moving forward, the company is targeting improving EBIT margins and earnings per share growth. However, it's important to note that regulatory risk exists as the company is exposed to volatile commodity prices for recycled material. The recent share price was trading well below its consensus valuation for the next 12 months.

Codan Ltd (ASX: CDA)

DP Wealth Advisory isn't as positive on Codan shares this week and has named them as a hold.

Although it has been impressed with its strong performance, the wealth advisory firm appears to see its shares as fully valued now following a strong rise. It explains:

This communications equipment and metal detection company has been a stellar performer in the past 12 months due to its business mix. The company lifted group revenue by 29 per cent in the first half of 2026 when compared to the prior corresponding period. Net profit after tax was up 55 per cent. The communications segment delivered growth at the top end of the fiscal year 2026 target range.

A strong performance from the metal detection segment was driven by gold detector demand in Africa. Performance suggests investors should continue holding the stock. The group recently revealed it was trading above expectations in the second half of 2026.

Tuas Ltd (ASX: TUA)

The team at Dolphin Partners Financial Services has named this Singapore-based telco as a buy this week.

However, it is worth highlighting that this was prior to the 60%+ decline by the Tuas share price on Monday in response to an announcement relating to its Simba business and impacting its proposed M1 acquisition.

Commenting on the ASX share, Dolphin Partners Financial Services said:

Tuas operates a mobile telecommunications network in Singapore. It lifted revenue by 26 per cent in the first half of fiscal year 2026 when compared to the prior corresponding period. Underlying EBITDA was up 27 per cent. It generated subscriber growth in mobile and broadband services. Tuas and its subsidiary Simba Telecom have proposed acquiring 100 per cent of M1 to become a major telecommunications provider in Singapore.

On May 13, 2026, TUA was awaiting approval for the proposed transaction. If approved, a successful acquisition would leave TUA seeking synergy opportunities amid growing earnings going forward.

The post Buy, hold, sell: Cleanaway, Codan, and Tuas shares appeared first on The Motley Fool Australia.