Why Lottery Corp, NAB, Netwealth, and TechnologyOne shares are charging higher today

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record another gain. At the time of writing, the benchmark index is up 0.35% to 8,992 points.

Four ASX shares that are rising more than most today are listed below. Here’s why they are pushing higher.

Lottery Corporation Ltd (ASX: TLC)

The Lottery Corporation share price is up 5% to $5.42. Investors have been buying this lottery company’s shares following the release of its half-year results. The company posted a 2% increase in revenue to $1.82 billion and a 1.4% decline in net profit after tax to $173.3 million. Despite this, the Lottery Corporation’s board elected to maintain its fully franked interim dividend at 8 cents per share.

National Australia Bank Ltd (ASX: NAB)

The NAB share price is up almost 5% to $47.47. This has been driven by the release of the banking giant’s quarterly update this morning. NAB reported cash earnings of $2.02 billion for the three months. This is up 15% compared to the average quarterly result in the second half of FY 2025. NAB’s CEO, Andrew Irvine, said: “We have started FY26 strongly. Underlying profit rose 12% compared with the 2H25 quarterly average, driven by increases across each of our customer facing divisions and a supportive Australian economic environment. Pleasingly, asset quality outcomes also improved over 1Q26 and we have maintained appropriate balance sheet settings.”

Netwealth Group Ltd (ASX: NWL)

The Netwealth share price is up almost 13% to $25.15. This follows the release of the investment platform provider’s half-year results. Netwealth reported a 24.7% increase in revenue to $193.8 million and a 19.9% lift in net profit after tax to $69 million. The good news is that its CEO and managing director, Matt Heine, appears confident the strong form can continue. He said: “Netwealth enters this half with strong momentum, continued business growth, and increasing traction across the market and a strong pipeline of new opportunities.”

TechnologyOne Ltd (ASX: TNE)

The TechnologyOne share price is up 6% to $23.02. This morning, the enterprise software provider upgraded its guidance for FY 2026. TechnologyOne revealed that it now expects profit before tax growth of 18% to 20% this year. This is up from its previous guidance range of 13% to 17%. The company’s CEO, Ed Chung, said: “SaaS+ and our products turbocharged through AI are our not so secret weapons, giving us the confidence to increase PBT growth to 18% to 20%, upgraded from our prior range of 13% to 17%, as well as guiding to ARR growth of 16% to 18%. We are targeting the top end of the guidance range for both PBT and ARR.”

The post Why Lottery Corp, NAB, Netwealth, and TechnologyOne shares are charging higher today appeared first on The Motley Fool Australia.

More reading

• Here’s everything you need to know about the new Lottery Corp dividend
• Can HUB24 match Netwealth’s stellar results tomorrow?
• Why Technology One shares are surging 7% today
• Netwealth shares surge 12% as record inflows power earnings growth
• NAB shares race to record high on strong Q1 update

Motley Fool contributor James Mickleboro has positions in Technology One. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Netwealth Group, Technology One, and The Lottery Corporation. The Motley Fool Australia has positions in and has recommended Netwealth Group. The Motley Fool Australia has recommended Technology One and The Lottery Corporation. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.