Here are the ASX-listed companies with the biggest losses on Tuesday.
ASX (ASX:ASX): -12%, AU$51.51
Elevra (ASX:ELV): -7%, AU$12.75
PEXA Group (ASX:PXA): -7%, AU$10.67
Infratil (ASX:IFT): -5%, AU$12.29
Yancoal Australia (ASX:YAL): -4%, AU$6.69
Telix Pharmaceuticals (ASX:TLX): -4%, AU$12.82
Challenger (ASX:CGF): -4%, AU$8.89
Whitehaven Coal (ASX:WHC): -4%, AU$8.51
Netwealth Group (ASX:NWL): -3%, AU$21.69
Paladin Energy (ASX:PDN): -3%, AU$11.13
Fisher & Paykel Healthcare's (ASX:FPH, NZE:FPH) result was in line with Jefferies' forecasts for revenue, and 2% above net profit after tax, with a higher-than-expected earnings before interest and tax margin, Jefferies said in a Tuesday note.Fisher & Paykel reported fiscal year 2026 underlying earnings of NZ$0.793 per share, up from NZ$0.639 a year earlier. Operating revenue for the 12 months ended March 31 was NZ$2.31 billion, compared with NZ$2.02 billion a year earlier.Jefferies forecasted net profit of NZ$459 million and sales revenue of NZ$2.3 billion. The firm reported higher-than-expected revenue in the hospital segment and lower-than-expected revenue in homecare.The investment firm retained its buy rating on Fisher & Paykel Healthcare and its price targets of AU$33.50 per share and NZ$41 per share.
Major gold mining stocks fell in recent Tuesday trade after the price of the precious metal declined amid US strikes in the Strait of Hormuz that cast doubt on the outcome of Middle East peace talks.Newmont (ASX:NEM) shed nearly 3%, while Northern Star Resources (ASX:NST) and Evolution Mining (ASX:EVN) both fell nearly 2%.Spot gold prices were down 0.8% on worries that the US strikes could jeopardize peace negotiations, Bloomberg reported. US forces targeted missile launch sites in Iran as well as boats that were attempting to lay mines in the Strait of Hormuz, the report said, citing a US Central Command statement.
Napier Port Holdings (NZE:NPH) repurchased 97,774 ordinary shares for NZ$3.5992 per security on Monday under an on-market buyback program, according to a Tuesday filing with the New Zealand bourse.Following the transaction, the company's ordinary shares consists of 199.8 million shares and 187,462 shares held in treasury, per the filing.