FINANCIAL NEWS

The Market In Numbers – 3 Oct 2026

Overviews in raw numbers and calculations that might assist investors with assessing trends and currents that might not be apparent from daily volatility and movements

9:09 AM


ASX Winners And Losers Of Today – 02-10-26

The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day

Oct 02 2026


Next Week At A Glance – 5-9 Oct 2026

A brief look at important company events and economic data releases next week

Oct 02 2026


Book Review: The Coffee Can Investor

Review of The Coffee Can Investor. A Stock-Picker’s Journey to Build Generational Wealth

Oct 02 2026


FNArena Corporate Results Monitor – 02-10-2026

FNArena’s Monitor keeps track of corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments

Oct 02 2026


Morgans rates MEK as Buy

Morgans downgrades Meeka Metals' target price to 17c from 31c post the completion of a two-tranche $42.4m institutional placement to fund the second Mt Holland cash payment, the Turnberry underground development, as well as exploration and capex.

Management also offered a provisional estimate of Sept quarter gold recovery of 7.0koz–7.5koz which missed the analyst's forecast of 9.8koz by around -23% to -29%.

Cash outflows were also higher than expected. Cash at the end of the 1Q27 was flagged at around $50m or circa $59m including Tranche Two raising.

A Buy rating is retained. The broker points to the transition to a two-mine underground operation with first ore expected from Turnberry in January 2027.

Macquarie rates QBE as Upgrade to Outperform from Neutral

Macquarie upgrades QBE Insurance to Outperform from Neutral, with the stock currently trading at a -4.0% discount to weighted international peers on a two-year forward PE. Growth in GWP in 2026 is estimated at 6% amid ongoing strength in the international division.

The broker points to "one of the best starts to the North American hurricane season" and the potential for another buyback to be announced at the update in November. Macquarie incorporates a $400m buyback in its estimates. Target is raised to $26.20 from $23.40.

Citi rates TCL as Neutral

Transurban Group has increased its stakes in Westlink M7, NorthConnex, both to 75%, and WestConnex to 60.5% from CPPIB (Canada Pension Plan Investment Board) for -$4.5bn.

Citi views the transaction as strategically positive for the group at around 18.5x FY28 EV/EBITDA. The deal will be 100% debt funded and slightly EPS dilutive to start, at between -1% to -1.5% for FY28 free cash flow, the analyst estimates.

Over the medium term, the CPI-linked toll indexing and traffic growth is anticipated to offset any dilution. The broker views the ACCC risks as "manageable", but near-term higher bond yields and a lack of traffic momentum are likely to weigh on sentiment.

Retain Neutral. Target $14.70.

Click here to see full report market arrow icon

ANALYSIS & DATA

FNARENA'S MARKET CONSENSUS FORECASTS

To display the stock analysis for a company please enter the company code:

ANZ | ANZ GROUP HOLDINGS LIMITED

Abbreviated format - see the full version here


LAST PRICECHANGE +/-CHANGE %VOLUME

$37.19

01 Oct
2026

market red arrow -1.120

OPEN

$37.87

market red arrow -2.92%

HIGH

$37.95

6,586,082

LOW

$37.10

TARGET
$35.922-3.4% downside
Franking for last dividend paid out: 75%
FNARENA'S MARKET CONSENSUS FORECASTS
ANZ: 1
TitleFY24
Actual
FY25
Actual
FY26
Forecast
FY27
Forecast
EPS (cps)xxx 198.2 247.3xxx
DPS (cps)xxx 166.0 166.7xxx
EPS Growthxxx- 9.1% 24.8%xxx
DPS Growthxxx 0.0% 0.4%xxx
PE RatioxxxN/A 15.1xxx
Dividend YieldxxxN/A 4.5%xxx
Div Pay Ratio(%)xxx 83.8% 67.4%xxx

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Rudi Filapek-Vandyck@Filapek
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BofA on $BHP Group: "ASX resources EPS momentum has turned negative with spot gold and iron ore lower than consensus expectations. "Copper is a key outlier with spot +10/7% above consensus expectations for CY26/27e and zinc +16/25% respectively. "BofA sits at the top of the
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11h
$TNE (who else?) 😇✌️👆👇👇🤟 https://t.co/AWhcHVgxLV
@Filapek
Rudi Filapek-Vandyck@Filapek
13h
Debbie Cunningham, CIO for Global Liquidity Markets at Federated Hermes: "You must give Chair Warsh credit – he was not nominated to raise rates yet did what had to be done."#bonds#equities#investing
@Filapek
Rudi Filapek-Vandyck@Filapek
1d
Barrenjoey on Cochlear (ASX:COH): "The totally implantable cochlear implant (TICI) presents as a potential “game changer”, likely opening up a larger pool of potential adult recipients (removes need for external processor, facilitates “24/7” hearing). "MED-EL was the first to
@Filapek
Rudi Filapek-Vandyck@Filapek
1d
RBC Capital on Light & Wonder (ASX:LNW): Light & Wonder provided management briefings and discussions led by Matt Wilson (President & Group CEO), Siobhan Lane (Executive VP & CEO, Gaming) and Nathan Drane (Executive VP, & Chief Product Officer). "Land-based Gaming, Grover and
@Filapek
Rudi Filapek-Vandyck@Filapek
1d
CLSA on Liontown (AS:LTR) $LTR : "Liontown’s (LTR) Kathleen Valley (KV) FID delivered capex in line with market expectations but confirmed a softer FY28/29 production outlook, which is likely to drive consensus downgrades to production/earnings. "FY30-34 FOB unit cost guidance
@Filapek
Rudi Filapek-Vandyck@Filapek
1d
CLSA on Capstone Copper (ASX:CSC) $CSC: We recently hosted CSC’s CEO, Cashel Meagher, to get the latest on the company as we progress through a 2HCY26 filled with catalysts. "(...) we continue to see upside risks to ’27 consensus production expectations at Mantoverde and see
@Filapek
Rudi Filapek-Vandyck@Filapek
1d
RBC Capital on Kelsian Group $KLS: "We upgrade Kelsian (KLS) to Outperform (was Sector Perform). "KLS announced the completion of its Tourism Portfolio divestment and updated its FY27 guidance. "Looking forward, the overall portfolio should now be far more predictable, and
@Filapek
Rudi Filapek-Vandyck@Filapek
1d
RBC Capital on $C79:"Chrysos owns world-leading technology to analyse mining samples, in particular gold where it is displacing a centuries-old process, because it is faster and cleaner, with similar pricing. "The long-term leasing model provides recurring revenue and ROICs of
@Filapek
Rudi Filapek-Vandyck@Filapek
2d
"The RBA’s preferred measure of core inflation (the trimmed mean) decelerated from 0.5% in the month of July to 0.2% in August, a pace consistent with the annual target of 2.5%. "This was helped by the fact that the trimmed mean this month excluded the outliers of automotive
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DAILY FINANCIAL NEWS

The Market In Numbers – 3 Oct 2026

Overviews in raw numbers and calculations that might assist investors with assessing trends and currents that might not be apparent from daily volatility and movements

9:09 AM - Australia


Review of The Coffee Can Investor. A Stock-Picker’s Journey to Build Generational Wealth

Oct 02 2026 - Book Reviews


FNArena’s Monitor keeps track of corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments

Oct 02 2026 - Australia


Recurring revenues underpin a substantial growth runway for Chrysos as its PhotonAssay technology challenges centuries-old gold assay methods

Oct 01 2026 - Small Caps


Seasonality and other factors support a higher price of gold in the weeks ahead, DeCarleyTrading.com’s Carley Garner reports

Oct 01 2026 - Commodities


Growth is so rapacious for Codan, management has upgraded interim FY27 guidance some six weeks after FY26 results, as demand for unmanned aircraft systems surges

Sep 30 2026 - Australia


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RUDI'S VIEWS

Rudi’s View: The Index Is No Longer The Market

Investors might be surprised about the level of similarities between equity markets in the US and domestically, plus fund managers’ favourite ASX stocks

Sep 30 2026

DAILY MARKET REPORTS

ASX Winners And Losers Of Today – 02-10-26

The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day

Oct 02 2026


The Overnight Report: A Friday Bounce?

A global perspective on what happened overnight

Oct 02 2026


Today’s Financial Calendar – 02-10-2026

Significant Scheduled Events For 02 October, 2026

Oct 02 2026


ASX Winners And Losers Of Today – 01-10-26

The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day

Oct 01 2026


Australian Broker Call *Extra* Edition – Oct 01, 2026

Extra Edition of the Broker Call Report

Oct 01 2026


The Overnight Report: Bond Yields Discomfort

A global perspective on what happened overnight

Oct 01 2026


Today’s Financial Calendar – 01-10-2026

Significant Scheduled Events For 01 October, 2026

Oct 01 2026


WEEKLY REPORTS

Next Week At A Glance – 5-9 Oct 2026

A brief look at important company events and economic data releases next week

Oct 02 2026

Weekly Top Ten News Stories – 2 October 2026

Our top ten news stories from 24 September 2026 to 01 October 2026

Oct 02 2026

In Case You Missed It – BC Extra Upgrades & Downgrades – 02-10-26

A summary of the highlights from Broker Call Extra updates throughout the week past

Oct 02 2026


In Brief: Black Cat, Amplitude & Singular Health

Across gold, gas and medtech, Black Cat, Amplitude Energy and Singular Health highlight how execution, de-risking and commercial validation can quickly reshape the investment outlook

Oct 02 2026

The Short Report – 01 Oct 2026

FNArena’s weekly update on short positions in the Australian share market

Oct 01 2026

Weekly Update On LICs & LITs – 30-Sep-2026

Weekly update of Listed Investment Companies (LICs) & Listed Investment Trusts (LITs) on the ASX

Sep 30 2026


Australian Listed Real Estate Tables – 29-09-2026

FNArena provides a weekly update of Australian listed real estate trusts (REIT) and property developers, current pricing yield and valuation data

Sep 29 2026

Uranium Week: Deep Yellow’s Tumas Moment

The U308 spot market traded in a tight range as sentiment waxed and waned between bullish and cautious, with broader financial market sentiment weighed down by higher rates

Sep 29 2026

Weekly Ratings, Targets, Forecast Changes – 25-09-26

Weekly update on stockbroker recommendation, target price, and earnings forecast changes

Sep 28 2026


9.2K Followers
27.1K Posts
@Filapek
Rudi Filapek-Vandyck @Filapek
20h
BofA on $BHP Group: "ASX resources EPS momentum has turned negative with spot gold and iron ore lower than consensus expectations. "Copper is a key outlier with spot +10/7% above consensus expectations for CY26/27e and zinc +16/25% respectively. "BofA sits at the top of the
@Filapek
Rudi Filapek-Vandyck @Filapek
21h
$TNE (who else?) 😇✌️👆👇👇🤟 https://t.co/AWhcHVgxLV
@Filapek
Rudi Filapek-Vandyck @Filapek
23h
Debbie Cunningham, CIO for Global Liquidity Markets at Federated Hermes: "You must give Chair Warsh credit – he was not nominated to raise rates yet did what had to be done." #bonds #equities #investing
@Filapek
Rudi Filapek-Vandyck @Filapek
1d
Barrenjoey on Cochlear (ASX:COH): "The totally implantable cochlear implant (TICI) presents as a potential “game changer”, likely opening up a larger pool of potential adult recipients (removes need for external processor, facilitates “24/7” hearing). "MED-EL was the first to
@Filapek
Rudi Filapek-Vandyck @Filapek
1d
RBC Capital on Light & Wonder (ASX:LNW): Light & Wonder provided management briefings and discussions led by Matt Wilson (President & Group CEO), Siobhan Lane (Executive VP & CEO, Gaming) and Nathan Drane (Executive VP, & Chief Product Officer). "Land-based Gaming, Grover and
@Filapek
Rudi Filapek-Vandyck @Filapek
1d
CLSA on Liontown (AS:LTR) $LTR : "Liontown’s (LTR) Kathleen Valley (KV) FID delivered capex in line with market expectations but confirmed a softer FY28/29 production outlook, which is likely to drive consensus downgrades to production/earnings. "FY30-34 FOB unit cost guidance
@Filapek
Rudi Filapek-Vandyck @Filapek
1d
CLSA on Capstone Copper (ASX:CSC) $CSC: We recently hosted CSC’s CEO, Cashel Meagher, to get the latest on the company as we progress through a 2HCY26 filled with catalysts. "(...) we continue to see upside risks to ’27 consensus production expectations at Mantoverde and see
@Filapek
Rudi Filapek-Vandyck @Filapek
2d
RBC Capital on Kelsian Group $KLS: "We upgrade Kelsian (KLS) to Outperform (was Sector Perform). "KLS announced the completion of its Tourism Portfolio divestment and updated its FY27 guidance. "Looking forward, the overall portfolio should now be far more predictable, and
@Filapek
Rudi Filapek-Vandyck @Filapek
2d
RBC Capital on $C79:"Chrysos owns world-leading technology to analyse mining samples, in particular gold where it is displacing a centuries-old process, because it is faster and cleaner, with similar pricing. "The long-term leasing model provides recurring revenue and ROICs of
@Filapek
Rudi Filapek-Vandyck @Filapek
2d
"The RBA’s preferred measure of core inflation (the trimmed mean) decelerated from 0.5% in the month of July to 0.2% in August, a pace consistent with the annual target of 2.5%. "This was helped by the fact that the trimmed mean this month excluded the outliers of automotive
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THE MARKETS

    Click item/line to change chart

  • Australia

    03 October 2026   Updated : 09:12   AEDT

    SPI Overnight

    8678.00

    +45.00

    0.52%

    NZ50

    13680.490

    -130.020

    -0.940%

    All Ordinaries

    8854.70

    +60.30

    0.69%

    S&P ASX 200

    8682.10

    +67.70

    0.79%

    S&P ASX 300

    8609.80

    +63.40

    0.74%

    Communication Services

    1533.20

    +8.20

    0.54%

    Consumer Discretionary

    3545.50

    +29.80

    0.85%

    Consumer Staples

    12905.90

    +134.10

    1.05%

    Energy

    10713.20

    +156.30

    1.48%

    Financials

    9084.90

    +92.20

    1.03%

    Health Care

    31547.10

    -350.50

    -1.10%

    Industrials

    7932.50

    +35.20

    0.45%

    Info Technology

    1742.70

    +74.20

    4.45%

    Materials

    23909.00

    +268.60

    1.14%

    Real Estate

    3178.80

    -53.20

    -1.65%

    Utilities

    9795.00

    +71.10

    0.73%

    A-REITs

    1480.60

    -24.60

    -1.63%

    All Technology Index

    2829.00

    +65.00

    2.35%

    Banks

    3804.60

    +43.00

    1.14%

    Gold Index

    18403.10

    +81.50

    0.44%

    Metals & Mining

    8235.70

    +85.30

    1.05%

    Click item/line to change chart

  • Australasia

    03 October 2026   Updated : 09:12   AEDT

    AUD/USD

    0.6943

    +0.00

    0.07%

    AUD/NZD

    1.2337

    0.00

    -0.20%

    NZD/USD

    0.5617

    +0.00

    0.09%

    AUD/JPY

    109.54

    +0.19

    0.17%

    SGD/AUD

    1.13

    0.00

    -0.03%

    AUD/EUR

    0.6164

    0.00

    -0.06%

    AUD/GBP

    0.5243

    0.00

    -0.15%

    AUDCAD

    0.9891

    +0.00

    0.15%

  • World

    03 October 2026   Updated : 09:12   AEDT

    CAD/USD

    0.7019

    0.00

    -0.09%

    EUR/JPY

    177.71

    +0.40

    0.23%

    EUR/USD

    1.1259

    +0.00

    0.10%

    GBP/USD

    1.3243

    +0.00

    0.23%

    USD/JPY

    157.83

    +0.20

    0.13%

    Click item/line to change chart

  • World

    03 October 2026   Updated : 09:12   AEDT

    FTSE100

    10461.95

    +33.68

    0.32%

    DAX30

    25231.20

    +291.85

    1.17%

    Hang Seng

    23972.29

    -640.98

    -2.60%

    Nikkei 225

    68309.46

    -647.26

    -0.94%

    NZ50

    13680.490

    -130.020

    -0.940%

    DJIA

    51176.96

    +250.40

    0.49%

    S&P500

    7722.72

    +56.27

    0.73%

    Nasdaq Comp

    27190.86

    +319.27

    1.19%

    S&P500 VIX

    15.31

    -1.08

    -6.59%

    US 10-year yield

    5.277

    +0.040

    0.760%

    USD Index

    102.03

    +0.56

    0.55%

  • Aus Stocks

    03 October 2026   Updated : 09:12   AEDT

    Amcor (US)

    41.86

    +0.05

    0.12%

    Newmont (US)

    115.56

    +0.89

    0.78%

    Rio Tinto (UK)

    7056.00

    +102.00

    1.47%

    BHP Group (US)

    86.07

    +1.42

    1.68%

    Rio Tinto (US)

    94.21

    +1.34

    1.44%

    ResMed (US)

    218.89

    -2.26

    -1.02%

    South32 (UK)

    259.20

    +5.00

    1.97%

    James Hardie (US)

    24.99

    -0.20

    -0.79%

    Janus Henderson (US)

    51.95

    -0.02

    -0.04%

    Click item/line to change chart

  • Metals & Minerals

    02 October 2026   Updated : 07:07   AEDT

    Gold (oz)

    4177.06

    +19.57

    0.47%

    Silver (oz)

    60.97

    +0.56

    0.93%

    Copper (lb)

    6.5200

    -0.06

    -0.91%

    Aluminium (lb)

    1.4537

    -0.01

    -0.67%

    Nickel (lb)

    7.0644

    -0.13

    -1.83%

    Zinc (lb)

    1.7940

    -0.01

    -0.58%

    Copper (t)

    14370.08

    -132.24

    -0.91%

    Aluminium (t)

    3204.00

    -21.50

    -0.67%

    Nickel (t)

    15570.00

    -290.00

    -1.83%

    Zinc (t)

    3954.00

    -23.00

    -0.58%

    Uranium (lb) weekly

    89.75

    0.00

    0.00%

    Iron Ore (t)

    96.59

    0.00

    0.00%

  • Energy

    02 October 2026   Updated : 07:07   AEDT

    West Texas Crude

    92.81

    +2.49

    2.76%

    Brent Crude

    102.18

    +4.33

    4.43%

CALENDAR

Monday, 5 October 2026
AU Public Holiday (NSW)
AU Sep PMI (final)
JP Sep PMI (final)
CH Public Holiday
EZ Sep PMI (final)
UK Sep PMI (final)
US Sep PMI (final)
VBCex-div 0.15c (100%)
Tuesday, 6 October 2026
AU Sep ANZ job ads
CH Public Holiday
EZ Aug Retail sales
US Aug Trade Bal

ALL WEATHER STOCKS

CodeCompanyPrice
CARCAR GROUP LIMITED

market icon up$22.37

REAREA GROUP LIMITED

market icon up$154.54

RMDRESMED INC

market icon up$31.79

TNETECHNOLOGY ONE LIMITED

market icon up$30.52

WOWWOOLWORTHS GROUP LIMITED

market icon up$38.35

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FNARENA TALKS

FNARENA WINDOWS

Window on IT & SUPPORT

Book Review: The Coffee Can Investor

Review of The Coffee Can Investor. A Stock-Picker’s Journey to Build Generational Wealth

Oct 02 2026


Window on GOLD & SILVER

In Brief: Black Cat, Amplitude & Singular Health

Across gold, gas and medtech, Black Cat, Amplitude Energy and Singular Health highlight how execution, de-risking and commercial validation can quickly reshape the investment outlook

Oct 02 2026


Window on MINING SECTOR CONTRACTING

Chrysos Converts Disruption Into Dollars

Recurring revenues underpin a substantial growth runway for Chrysos as its PhotonAssay technology challenges centuries-old gold assay methods

Oct 01 2026


GEN AI

History’s Blue Print For The AI Investment Cycle

Artificial intelligence remains a polarising subject, but Australia is strategically well positioned to benefit. So, how should investors be positioned in the AI cycle?

Oct 01 2026


FEATURE STORIES

History’s Blue Print For The AI Investment Cycle

Artificial intelligence remains a polarising subject, but Australia is strategically well positioned to benefit. So, how should investors be positioned in the AI cycle?

Oct 01 2026