• Why is the ASX 200 having its best day in 3 weeks?

    Stock market board with green numbers.

    The S&P/ASX 200 Index (ASX: XJO) is enjoying a strong session on Tuesday, with gains spread across most of the market.

    At the time of writing, the ASX 200 is up 0.75% to 9,171 points, putting the index at its highest level in 8 trading days.

    It also has the market on track for its best session in around 3 weeks, following a fairly mixed run through August.

    And there isn’t one big piece of news behind the move. Instead, strength across miners, healthcare, energy, and financial stocks is helping push the market higher.

    So, what is driving the ASX 200 today?

    Most of the market is in the green

    The buying is fairly broad, with 120 of the largest 200 companies trading higher, compared with 74 falling and 6 unchanged.

    Mining stocks are doing their part, led by another strong session from BHP Group Ltd (ASX: BHP), which is up 1.41% to $68.07.

    The mining giant has again pushed to a record high, with strong copper prices continuing to support the stock.

    Rio Tinto Ltd (ASX: RIO) is also up 1.55% to $180.18, while Northern Star Resources Ltd (ASX: NST) has gained 1.15% to $24.67.

    Healthcare and energy shares rise

    Healthcare is another strong area of the market today.

    CSL Ltd (ASX: CSL) shares are up 1.78% to $172.12, and Fisher & Paykel Healthcare Corporation Ltd (ASX: FPH) has climbed 0.54% to $37.29.

    Energy stocks are also mostly higher after several companies reported results this morning.

    Woodside Energy Group Ltd (ASX: WDS) shares are up 0.93% to $33.79 after the company reported its half-year results and outlined plans to cut costs.

    The major banks are higher as well. Commonwealth Bank of Australia (ASX: CBA) is up 0.24% to $157.25, while National Australia Bank Ltd (ASX: NAB) has risen 0.71% to $38.28.

    Reporting season keeps things busy

    Reporting season is still driving plenty of individual share price moves.

    Coles Group Ltd (ASX: COL) shares are up 0.66% to $22.79 after the supermarket giant released its FY26 results earlier today.

    The local market is also outperforming, with a mixed lead from Wall Street. The Nasdaq Composite Index (NASDAQ: .IXIC) fell 0.8% overnight as chip stocks weakened, while the S&P 500 Index (SP: .INX) slipped 0.3% and the Dow Jones Industrial Average Index (DJX: .DJI) added 0.3%.

    Investors are also watching the RBA after the minutes from its August meeting were released just before midday today.

    The RBA left the cash rate unchanged at 4.35% earlier this month after 3 increases in 2026, while keeping the door open to another rise if inflation remains too high.

    The post Why is the ASX 200 having its best day in 3 weeks? appeared first on The Motley Fool Australia.

    Wondering where you should invest $1,000 right now?

    When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for over ten years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    Scott just revealed what he believes could be the ‘five best ASX stocks’ for investors to buy right now. We believe these stocks are trading at attractive prices and Scott thinks they could be great buys right now…

    * Returns as of 1 August 2026

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    Motley Fool contributor Aaron Teboneras has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended CSL. The Motley Fool Australia has recommended BHP Group and CSL. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • Metrics Master Income Trust posts unfranked August 2026 distribution

    Numerous Australian dollar notes laid out.

    The Metrics Master Income Trust (ASX: MXT) share price is in focus after announcing a monthly unfranked distribution of 1.46 cents per unit for August 2026, with payments set for 8 September.

    What did Metrics Master Income Trust report?

    • Distribution amount: 1.46 cents per unit (unfranked), relating to August 2026
    • Ex-dividend date: 31 August 2026
    • Record date: 1 September 2026
    • Payment date: 8 September 2026
    • Distribution Reinvestment Plan (DRP) available at no discount

    What else do investors need to know?

    Metrics Master Income Trust’s latest distribution continues its pattern of providing monthly income to unitholders. This announcement delivers clarification for investors seeking reliable, regular income streams from their investment in MXT.

    The distribution is entirely unfranked, meaning investors may benefit differently depending on their individual tax circumstances. Unitholders can choose to reinvest their distribution through the DRP, or receive it as a cash payment.

    What’s next for Metrics Master Income Trust?

    Investors can expect distributions to continue on a monthly basis, reflecting the trust’s ongoing strategy of delivering stable income. The trust’s transparent announcements about key dates and reinvestment options may support unitholder planning and portfolio management.

    Looking ahead, ongoing market conditions and the performance of MXT’s underlying loan assets will continue to influence future distributions and trust performance.

    Metrics Master Income Trust share price snapshot

    Over the past 12 months, Metrics Master Income Trust shares have declined 6%, trailing the All Ordinaries Index (ASX: XAO), which has risen 1% over the same period.

    View Original Announcement

    The post Metrics Master Income Trust posts unfranked August 2026 distribution appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Metrics Master Income Trust right now?

    Before you buy Metrics Master Income Trust shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Metrics Master Income Trust wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 1 August 2026

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    Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

  • Peet FY26 earnings: Profit and dividend surge on record sales

    Magnifying glass in front of an open newspaper with paper houses.

    The Peet Ltd (ASX: PPC) share price is in focus after the company delivered record earnings for FY26, on the back of strong sales and robust performance in Western Australia and Queensland.

    What did Peet report?

    • Net operating profit of $103.4 million, up 77% on the prior year
    • Operating earnings per share of 22.1 cents, also up 77%
    • Total FY26 fully franked dividends of 13.0 cents per share, up 68%
    • Revenue rose 3% to $450.2 million
    • EBITDA grew 54% to $162.8 million, with margin expanding to 36%
    • Contracts on hand increased 39% to $851 million

    What else do investors need to know?

    Peet sold 2,996 lots during the year, up 8%, while settlements rose to 2,665 lots. The group’s development pipeline remains extensive, comprising more than 26,400 lots across 37 projects with an estimated end value of $11.5 billion.

    Gearing reduced to 24.8%, while the company maintained a strong balance sheet with net debt decreased to $201.3 million. Peet also increased its activated pipeline to 80%, offering solid visibility for future earnings.

    What did Peet management say?

    Chief Executive Officer Brett Fullarton said:

    FY26 represents another exceptional year for Peet, with record operating profit, significant earnings growth and increased returns to shareholders. The result reflects the strength of our national portfolio, favourable conditions across several of our key markets and the disciplined execution of our strategy.

    What’s next for Peet?

    Peet enters FY27 in a strong financial position with $851 million in contracts on hand and a highly activated project portfolio. The company expects to benefit from ongoing demand in Western Australia, Queensland, and South Australia, while remaining alert to improvements in Victoria and NSW/ACT.

    Management highlighted positive structural factors for the residential housing sector, including population growth, limited supply, and policy support for buyers. Peet intends to leverage its pipeline and balance sheet strength to pursue growth opportunities, mindful of settlement timing and broader market conditions.

    Peet share price snapshot

    Over the past 12 months, Peet shares have risen 3%, slightly outperforming the All Ordinaries Index (ASX: XAO), which has increased 1% over the same period.

    View Original Announcement

    The post Peet FY26 earnings: Profit and dividend surge on record sales appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Peet right now?

    Before you buy Peet shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Peet wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 1 August 2026

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    Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

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