Index Rebalance

MSCI Australia Index Earning Revision (Jun): Pilbara Minerals, Santos, Woodside Energy, Rio Tinto, BHP

30 Jun 2026 By Ke Yan, CFA
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Abstract: We analyzed the 2026E EPS and revenue revisions of MSCI Australia index components for June 2026. The index rose 0.90% over the month from 1,714 to 1,729, while the estimated index 2026E EPS increased 0.52% month-on-month from 92.13 to 92.60, with 17 stocks revised up versus 25 revised down, and individual stock EPS revisions contributing A$1.02 to the index EPS change. On a stock-impact basis, BHP contributed the most at +A$0.70 to index EPS, followed by Pilbara Minerals at +A$0.45, while Woodside Energy (-A$0.20) and ANZ (-A$0.14) were the largest detractors. Among individual EPS revisions, Santos led gainers with +7.86% and Rio Tinto rose +5.86%, while Pro Medicus saw the steepest cut at -8.33% and Northern Star Resources fell -3.31%. On the revenue side, QBE Insurance posted the largest upgrade at +5.86% and Rio Tinto gained +4.07%, while Lottery Corporation saw the sharpest revenue cut at -2.32%.

Lottery (TLC AU) Pilbara Minerals (PLS AU) Northern Star Resources (NST AU) Santos (STO AU) Suncorp (SUN AU) Brambles (BXB AU)

Highlighted Stocks

Lottery, Pilbara Minerals, Northern Star Resources, Santos, Suncorp, Brambles

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