Author: Lee Kern

Local

Kumba Iron Ore (KIO)

Kumba expects HEPS down between 39% and 43%, to between 1,268c and 1,361c. Production fell 3% and sales volumes declined 1%, as heavy rainfall and

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Local

Sasol (SOL)

Sasol said FY26 financial metrics are expected to meet or exceed guidance across most measures. Secunda delivered its highest annual production in five years, while

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Offshore

Hut 8 (HUT)

Hut 8 (HUT), the digital and energy infrastructure company, jumped 11% after signing a 15 year lease worth $9.8bn to fully commercialise its 1 gigawatt

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Offshore

Archer Aviation (ACHR)

Archer Aviation (ACHR) surged 17% after unveiling an autonomous vertical take off and landing aircraft developed with Anduril. The aircraft targets both defence and commercial

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Offshore

Imax (IMAX)

Imax (IMAX) rose, while AMC Entertainment (AMC) surged 20% after a strong opening weekend for The Odyssey and encouraging cinema attendance trends. The film generated

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Offshore

Iren (IREN)

Iren (IREN), the data centre operator, jumped 17% after raising its AI Cloud annualised revenue run rate target to more than $4bn from $3.7bn. The

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Offshore

Advanced Micro Devices (AMD)

Advanced Micro Devices (AMD) shares rose nearly 4% after Microsoft (MSFT) confirmed it will offer AMD’s Helios based AI systems on Azure. Microsoft shares gained

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Local

Aspen Pharmacare (APN)

Aspen announced that Health Canada approved Aspen Semaglutide, its generic injectable semaglutide, for adults with type 2 diabetes. Commercial launch timing remains dependent on semaglutide

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South32 (S32)

South32 reported a strong June quarter, with FY26 production exceeding guidance across most operations. Sierra Gorda production exceeded guidance by 2% to 87.1kt copper equivalent,

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Offshore

Alcoa (AA)

Alcoa (AA) shares fell despite reporting stronger than expected second quarter results. EPS came in at $2.12, ahead of expectations of $2.06. Revenue increased to

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