Australian bourse operator ASX slips as annual outlook weighs

ASX

29/05/2026 01:59

** Shares of Australian bourse operator ASX ASX.AX down 24% so far this week, set for its worst week, if losses hold  
** On Tuesday, ASX warned of a sharp rise in 2027 spending for technology upgrades and new product developments
** ASX said its total expenses in 2027 would rise by up to 21% from the previous year, with capital expenditure seen increasing to A$180 million ($128.88 million)-A$200 million, compared with the previous forecast of A$160 million-A$180 million
** Stock up 0.7% on Friday
** Stock down 11% this year, including the day's move

   ($1 = 1.3966 Australian dollars)

 (Reporting by Rajasik Mukherjee in Bengaluru)
 ((Rajasik.Mukherjee@thomsonreuters.com))