SYDNEY — Wesfarmers Ltd. shares rose modestly on Friday, closing at A$78.93 after advancing 0.32 or 0.41%, as solid performance in its core retail businesses helped the diversified group outperform a softer broader market.

The gain came as the S&P/ASX 200 index closed lower, highlighting Wesfarmers' relative resilience. The company, which operates leading Australian retail brands including Bunnings, Kmart and Officeworks alongside industrial and chemical operations, continues to benefit from steady consumer demand and operational improvements in 2026.

Wesfarmers has reported consistent results this year, with its home improvement and department store divisions showing particular strength. Bunnings has maintained robust sales supported by ongoing housing activity, renovations and trade customer demand. Kmart and Officeworks have delivered value-focused offerings that resonate with cost-conscious shoppers amid economic pressures.

The group's diversified structure provides balance across retail, chemicals, energy and fertiliser businesses. This mix has historically helped Wesfarmers navigate economic cycles better than more concentrated peers. Recent updates have emphasized cost discipline, digital investment and sustainability initiatives........

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