ASX heads for sixth consecutive weekly gain after Darren Yip named interim CEO

ASX

01/05/2026 04:40

** Shares of ASX ASX.AX up 3% so far this week to A$61.42, set for their best week since April 11

** Stock on track for a sixth consecutive weekly gain, if current trend holds

** Stock gains as much as 1.2% on the day, their highest since September 19, 2025

** The bourse operator on Thursday appointed insider Darren Yip as interim CEO, effective May 29

** Yip, who joined ASX in 2023 and is currently its group executive for markets and listings, will succeed Managing Director and CEO Helen Lofthouse, who announced her departure in February

** ASX faced regulatory scrutiny in recent years due to a series of operational issues

** ASX stock up 19.4%, YTD

 (Reporting by Keshav Singh Chundawat in Bengaluru)

 ((Keshav.singhchundawat@thomsonreuters.com))