Australian Shares Jump; Ansell Fiscal 2026 Adjusted Earnings, Revenue Up

MT Newswires Live
08/24

Australian shares rose on Monday as metal prices climbed.

The S&P/ASX 200 Index gained 0.49%, or 44.20 points, to close at 9,103.10.

Spot gold rose nearly 1% to $4,653 per ounce. Expectations of a stimulus package signal in China pushed iron ore futures up to $97.70 per tonne. Copper ore prices were also higher.

Brent crude futures ​fell over 1% to around $93 per barrel as investors awaited the proposed US sanctions against Iran's trading partners as a diplomatic stalemate between them continues.

In company news, Ansell (ASX:ANN) logged $1.486 in adjusted earnings per share for fiscal 2026, compared with $1.261 a year ago. For the 12 months ended June 30, revenue was $2.14 billion versus $2 billion previously. Its shares closed up 9%.

PLS Group (ASX:PLS) logged AU$0.1614 in earnings per share for fiscal 2026, compared with a loss of AU$0.0633 a year ago. For the 12 months ended June 30, revenue was AU$1.93 billion versus AU$768.9 million previously.

Lastly, Ampol (ASX:ALD) logged AU$3.582 in underlying replacement cost operating profit after tax earnings per share for the first-half, compared with AU$0.749 a year ago. For the six months ended June 30, revenue was AU$20.41 billion versus AU$15.3 billion previously.

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