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3 ASX 200 shares crashing in this week's rebounding market
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With just a few hours of trade left before Friday's closing bell, the S&P/ASX 200 Index (ASX: XJO) is up 0.4% for the week, but these three ASX 200 shares are joining in with the rebound.

So, which stocks came under heavy selling pressure this week?

Read on!

Northern Star Resources Ltd (ASX: NST)

First up, we have Northern Star shares.

Shares in the Aussie gold mining giant closed last week trading for $20.50. At the time of writing, shares are changing hands for $18.89 each. That sees this ASX 200 share down 7.9% for the week.

Northern Star shares have closed in the red every day this week and look to do so again today.

Shares closed down 2.1% yesterday following the release of the company's March quarter update.

Over the three months, Northern Star sold 380,807 ounces of gold. The miner produced that gold at an all-in sustaining cost (AISC) of $2,709 per ounce and reported revenue from gold sales of $2.01 billion.

Atop a modest retrace in the gold price this week (currently at US$4,527 per ounce, according to data from Bloomberg), Northern Star shares may have come under pressure with the company expecting an increase in its full-year FY 2026 growth capital expenditures.

Brambles Ltd (ASX: BXB)

Brambles shares also had a week to forget.

Shares in the global pallets and crates supplier closed last Friday trading for $22.10 and are currently trading for $16.96 each. That puts this ASX 200 share down 23.3% for the week.

Brambles shares crashed 20.2% on Monday following a trading update.

Investors were reaching for their sell buttons after Brambles cut its full year FY 2026 sales revenue growth forecast to 2% to 3%. That was down from prior guidance of 3% to 4% revenue growth (at constant exchange rates).

Management also cut full year profit growth guidance to 3% to 5%, down from prior guidance of 8% to 11% FY 2026 profit growth.

Which brings us to…

Tuas Ltd (ASX: TUA)

The worst performing ASX 200 share this week is Tuas.

Shares in the Singapore-based telecom stock closed last week trading for $6.10. At time of writing, shares are swapping hands for $2.28 each, putting the Tuas share price down a painful 62.6% for the week.

Most of that pain was delivered on Monday after the company announced that its SIMBA mobile business "may have been using radio frequency bands that it was not authorised to use".

Today, investors learned that Tuas' planned acquisition of Singapore telecom company M1 Limited will no longer proceed.

The post 3 ASX 200 shares crashing in this week's rebounding market appeared first on The Motley Fool Australia.

Motley Fool contributor Bernd Struben has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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