Articles On Engenco (ASX:EGN)

Title Source Codes Date
Closing Bell: ASX traders happy to take the profit after surprise CPI windfall

The ASX benchmark has ended Wednesday higher after positive inflation data 7 of 11 sectors in the green, IT ahead by circa +2pc Small caps led by Euro Manganese The local market has trimmed the CPI fat of this morning’s gains, after the...

Stockhead EGN 5 months ago
Closing Bell: It certainly wasn’t cricket as Monday markets in Australia knocked right back to last year

Benchmark ASX index closes at new 12-month lows Energy and Materials the worst of 9 dipping ASX sectors on Monday Small caps led by CHM, TON   On Monday Aussie markets rediscovered their nadir of the year. No real surprises, since every n...

Stockhead EGN 6 months ago
Rio Tinto, Gemco Rail deliver industry first

Major miner Rio Tinto has partnered with Gemco Rail to bring local iron ore rail car manufacturing and bearing maintenance to the Pilbara region in Western Australia. The partnership is an industry first and is expected to help create new...

Australian Mining EGN 11 months ago
CLOSING BELL: Remember to say thanks to the techies, without whom we’d be deep in the red for the day

Local markets shook off a post-long-weekend wobble to end the day higher, up 0.23% It’s been another red-hot day for the techies, with that sector up by 3.7%. Health techie AHI went flying 370% this morning, and it’s anyone’s guess as to w...

Stockhead EGN 11 months ago
CLOSING BELL: Hump Day is Slump Day yet again, as the ASX drops another 0.46%

After a shaky start, the benchmark improved but still lost ground overall InfoTech did well to add 1.04%, but MAterials, Financials and Staples all weighed Standout winner was Rhythm Biosciences, up 88.6% on massive milestone news   Today...

Stockhead EGN 11 months ago
Top 10 at 10: Which ASX lithium, copper and biotech stocks are hitting warp speed on Wednesday?

Stockhead’s Top 10 at 10, published at ~10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

Stockhead EGN 11 months ago
The bigger the bang, the bigger the boom: How are mining services stocks faring right now?

Investing in small cap mining services stocks can be considered a risky move given their exposure to the never-ending commodities boom and bust cycles, but it can also be a potentially lucrative one if you catch them at the right time.   As...

Stockhead EGN 1 year ago
Surging $US playing havoc with financial markets and global trade

ShareCafeSurging $US playing havoc with financial markets and global trade                    US equities sank as the US dollar hit a record high against the British pound, adding volatility to markets already concerned with inflation...

ShareCafe EGN 1 year ago
Coal the star performer as energy crisis worsens in Europe

ShareCafeCoal the star performer as energy crisis worsens in Europe                    European equity markets finished lower on Monday, but off to the worst levels. US equity futures higher with US markets closed for the Labour Day h...

ShareCafe EGN 1 year ago
CAN WE FIX IT? The ASX construction stocks fighting bankruptcy, materials and labour shortages to service massive forecast growth

Supply chains are constrained globally as the world gets back on its feet This comes as inflation takes off, adding upward price pressures caused by scarcity of supply These conditions translate to major headwinds for contractors who agree...

Stockhead EGN 2 years ago
Closing Bell: Oil & gas juniors soar as ASX microcaps notch up a hat-trick

Make it three on the trot for the ASX microcap Emerging Companies index, which rose by more than 1% for the third straight session on Friday. The gains follow a broader turnaround in global risk sentiment this week, following the initial sh...

Stockhead EGN 2 years ago
Top 10 at 10: The ASX stocks flying and falling on Friday

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

Stockhead EGN 2 years ago
Directors Trades: Tassie billionaire drops $1.14m on engineering stock Engenco

ASX director buying activity heated up in the later part of February with many companies reporting quarterly and half yearly results along with continued market volatility. Whether it was to show confidence in their stock or to join other i...

Stockhead EGN 2 years ago
Closing Bell: Screwball takeovers and lack of war lifts ASX, small caps stunned

So basically, this is how I read it. Because of two really screwball takeover ideas involving the A2 Milk Co and AGL Energy —  two of the more screwball companies floating about on the benchmark index — the S&P/ASX200 is higher on Monda...

Stockhead EGN 2 years ago
Closing Bell: ASX fails to maintain gains, despite tech gaining 1.7pc

Just like yesterday the ASX rallied for most of the day but retreated in the afternoon and today closed in the red. The ASX 200 was down 0.08% at 7,375 points. Another difference from yesterday was tech was the best sector gaining 1.7% whil...

Stockhead EGN 2 years ago
James Hardie is riding the North American building boom and has the revenue to prove it

There’s no doubt there’s a building boom right now in the US, with the Biden administration investing big bucks to create and preserve more than 2 million sustainable homes as part of its Build Back Better Agenda. And while there’s volatili...

Stockhead EGN 2 years ago
ASX ends 0.5% higher on bank, materials boost

Summary The S&P/ASX 200 closed higher by 32.70 points or 0.45% at 7,308. The index ended the week with 0.83% loss, snapping a five-week gaining streak. Building materials supplier Boral emerged as the top gainer, while tech firm N...

Kalkine Media EGN 2 years ago
Mining services stocks are set for a windfall this reporting season; here are some key ones to watch

Many sectors will be watched this reporting season but it is unlikely few will have more uniform success than mining services stocks. The gain in certain commodity prices throughout the pandemic ranging from gold to copper, battery metals t...

Stockhead EGN 2 years ago
ASX hits record high: What’s fueling the stock market rally?

Summary The ASX 200 has hit a record high of 7,183.40 points in today’s intraday trade. Nine of eleven sectors are trading higher, with materials topping the list with 2.24% gain. Poultry producer Inghams Group is the top gainer on th...

Kalkine Media EGN 2 years ago
ASX drilling stocks are bulking up their fleets in preparation for further demand

The past 12 months has been a good time for ASX drilling stocks – and mining services generally – but companies are claiming there’s more good times to come. ASX investors would be all too familiar with the commodities boom in the last 12 m...

Stockhead EGN 3 years ago
Engenco (ASX:EGN) sell rail wagon fleet

04 Mar 2020 - Industrial engineering services group, Engenco (ASX:EGN) is pleased to announce that its subsidiary, Gemco Rail has crystallised an unconditional sale agreement to se…

FNN EGN 4 years ago
Directors Trades: This group of directors bought $5.1 million and made $1.4 million

Nine directors made trades of more than $100,000 this week and four of them came from the same company. A group of Uniti Group (ASX: UWL) directors put $5.1 million into the telco company – which sees itself as an alternative to the NBN. De...

Stockhead EGN 4 years ago