Australian Shares Rise; NEXTDC Logs Earnings in Fiscal 2026, Revenue Up

MT Newswires Live
Aug 28

Australian shares rose on Friday, tracking technology-sector-driven gains on Wall Street.

The S&P/ASX 200 Index gained 0.6%, or 54.10 points, to close at 9,092.30.

Overnight on Wall Street, the Nasdaq Composite jumped 1.6%, the S&P 500 rose 0.7%, and the Dow Jones climbed 0.2%.

Brent crude oil futures ​fell to trade around $89 per barrel after Iran and Oman agreed on the control of the Strait of Hormuz and sharing revenues.

In company news, NEXTDC (ASX:NXT) logged AU$0.122 in earnings per share for fiscal 2026, compared with a loss of AU$0.0959 a year ago. For the 12 months ended June 30, revenue was AU$496.5 million versus AU$427.2 million previously.

Harvey Norman Holdings (ASX:HVN) logged AU$0.4236 in earnings per share for fiscal 2026, compared with AU$0.415 a year ago. For the 12 months ended June 30, total system sales revenue was AU$9.64 billion versus AU$9.35 billion previously.

Lastly, WAM Capital (ASX:WAM) logged AU$0.1113 in loss per share for fiscal 2026, compared with a profit of AU$0.1963 a year ago. It is now targeting a fiscal 2027 full-year dividend of AU$0.08, comprising an interim dividend of AU$0.04 per share and a final dividend of AU$0.04 per share. Its shares earlier reached a 16-year low point.

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