Articles On Imdex (ASX:IMD)

World Overnight SPI Overnight 7179.00 – 66.00 – 0.91% S&P ASX 200 7342.40 + 9.90 0.14% S&P500 4482.73 – 50.03 – 1.10% Nasdaq Comp 14154.02 – 186.23 – 1.30% DJIA 34715.39 – 313.26 – 0.89% S&P500 VIX 25.59 + 1.74 7.3...

World Overnight SPI Overnight 7235.00 + 10.00 0.14% S&P ASX 200 7332.50 – 76.30 – 1.03% S&P500 4532.76 – 44.35 – 0.97% Nasdaq Comp 14340.26 – 166.64 – 1.15% DJIA 35028.65 – 339.82 – 0.96% S&P500 VIX 23.85 + 1.06 4....

World Overnight SPI Overnight 7249.00 – 66.00 – 0.90% S&P ASX 200 7408.80 – 8.50 – 0.11% S&P500 4577.11 – 85.74 – 1.84% Nasdaq Comp 14506.90 – 386.86 – 2.60% DJIA 35368.47 – 543.34 – 1.51% S&P500 VIX 23.09 + 3.90 2...

Local markets were somewhat directionless today as Wall Street took time out for the Martin Luther King Jr holiday overnight. The ASX 200 failed to maintain early momentum, finishing the day in the red down by 0.11%. The Mining index was hi...

The threat of supply disruptions across base metals and iron ore as well as continued strength in gold prices have proven a perfect storm for the materials sector. On a red letter day gold prodded US$1830/oz, iron ore packed on the pounds t...

The ASX 200 was up 0.44% today, as US inflation hit its fastest pace since 1982. If you were thinking ‘that’s ok it was 20 years ago’ um no was actually 40 years ago…oof. Anyway, Luca Paolini, chief strategist at Pictet Asset Management rec...

Highlights Even as the tech sector remains under pressure, SaaS shares are expected to do well in the future. Their last year’s solid performance shows that boosting a business through a SaaS earnings model can be an attractive exercis...

The ASX 200 was down 0.45% today, with looming US interest-rate hikes still shadowing investor confidence. Goldman Sachs, J.P. Morgan and Deutsche Bank all expect the Fed to lift rates four times this year. By sector, ASX 200 consumer stapl...

ASX software-as-a-service (SaaS) shares proved their worth last year. The business model focused on sticky recurring revenues that brought home the cheese for some Aussie-listed companies in 2021. Interestingly, often SaaS shares slot into...

The first trading day of 2022 saw the ASX 200 surging by 2% to its highest level since August. All eleven sectors were in the green, with the Energy sector rising by more than 3.4, and Mining up 2.2%. The Energy sector was buoyed by coal st...

Imdex says competition for workers in software development and data science to persist.

The Tech sector weighed heavily on the local index today and was down by more than 2.5%, dragging the ASX 200 lower by 0.70%. The fall came on the back of negative sentiment on the Nasdaq overnight, which fell by more than 1%. Investors hav...

Trading Places is Stockhead’s recap of the buys and sells of ASX small cap shares by fund managers and other famous investors over the last fortnight. Specifically, Stockhead tracks substantial shareholder movements, being shareholders hold...

Perth-based mining technology company Imdex will buy a 30 per cent stake in analysis company Datarock in a $5.5m deal that it expects will enhance efficiency in the industry.

Perenti Global is understood to have reignited attempts to execute a merger with Macmahon Holdings in the past three months. It is suggested the mining services provider approached Macmahon several weeks ago with a merger proposal which Mac...

Following Wall Street’s record levels on Friday, the ASX 200 rebounded to rise by 0.6% today. All sectors were in the green, except for Financials which fell by around 0.6%. The sector was dragged down by Westpac (ASX:WBC), which slumped by...

Financial stocks were the only sector in the green today, with the benchmark ASX 200 index falling by 0.3% at the close. It was the first time this week the local bourse finished in the red, in a broad-brushed selloff led by the Energy sect...

After trading higher by half a percent for most of the day, the benchmark ASX 200 ended up just 0.07% higher, taking its weekly gain to 0.70%. Properties and miners were the major winners, while travel stocks dragged the index down. The loc...

The ASX 200 started fairly strongly but lost ground into the closing bell to finished 0.19% higher. Two dominant thematics over the past month — surging oil prices and the uranium bull market — were both in full effect today as resources an...

In this week's Weekly Insights:-Forecasts Are Falling-Conviction Calls-Research To DownloadBy Rudi Filapek-Vandyck, Editor FNArenaForecasts Are FallingAs if investors didn't already have enough to worry about, earnings forecasts around the...

The benchmark ASX 200 mounted a last 30-minute rally index to edge just slightly lower on Wednesday, despite choppy trading overnight that saw all major US equity stock indexes fall. The local benchmark finished the day 0.04% lower at 7,277...

The Imdex Limited (ASX: IMD) share price has started the day off in the green and is climbing 2% higher at $2.68. Imdex shares have rallied 13% this past week, and another 13% this month as well. That’s well ahead of the S&P/ASX 200...

The Imdex Limited (ASX: IMD) share price has finished the day 7.35% higher. It closed the session at $2.63 having earlier hit an intraday high of $2.80. Imdex shares were on the move after the mining technology company released the presen...

IMDEX (ASX:IMD) delivered an impressive set of results for the financial year to 30 June 2021, which materially beat expectations and led to broker forecast upgrades. The two key points from the update include revenue growth of 11 per cent...

World Overnight SPI Overnight (Jun) 7421.00 – 14.00 – 0.19% S&P ASX 200 7425.20 + 18.60 0.25% S&P500 4468.73 + 10.15 0.23% Nasdaq Comp 15105.58 – 9.91 – 0.07% DJIA 34869.63 + 261.91 0.76% S&P500 VIX 19.37 – 1.58 –...

The ASX regained some lost ground from yesterday’s bloodbath, but closed this week lower than what it began. The ASX 200 gained 0.5% to close at 7,407 points while the ASX Emerging Companies Index rose 2.45% to close at 2,469. Most sectors...

Drilling technology firm Imdex has sought to grow its presence in mining production with the $20 million acquisition of software that enables geological data modelling and real-time 3D visualisation.

Top of the tech stocks is the new kid on the block Zoom2u Technologies (ASX:Z2U) which jumped a huge 77.5% after listing today at 20c per share. The company raised a tidy $8 million for its IPO and is currently trading at 35c per share. The...

With the S&P/ASX 200 Index (ASX: XJO) still hovering at record highs this results season, investors may have to turn to lesser-known businesses for a bargain on the way up. Fairmont Equities managing director Michael Gable told his cli...

World Overnight SPI Overnight (Jun) 7411.00 – 34.00 – 0.46% S&P ASX 200 7511.00 – 71.50 – 0.94% S&P500 4448.08 – 31.63 – 0.71% Nasdaq Comp 14656.18 – 137.58 – 0.93% DJIA 35343.28 – 282.12 – 0.79% S&P500 VIX 17.91 +...

Welcome to the FNArena Corporate Results Monitor. Today's Reports: ((BBN)) - Baby Bunting ((BPT)) - Beach Energy ((BEN)) - Bendigo & Adelaide Bank ((BSL)) - BlueScope Steel ((CAR)) - Carsales ((GDF)) - GARDA Property ((GWA)) - GWA Gro...

Shares in drilling solutions provider Imdex jump on record revenue and positive outlook.

The S&P ASX200 closed lower Monday, dropping 46.40 points or 0.61% to 7,582.50 after setting a new 52-week high. The bottom performing stocks in this index were Beach Energy Limited (ASX:BPT) and Bendigo and Adelaide Bank Limited (ASX:B...

ShareCafeAustralia… One Hour In… ASX200 down 31 ASX200 down 31 points (0.4%) to 7598.   So many results so I will keep it brief.   Let me know if you want more details on any company………..   A2Milk (+9.5%); press speculation that Nestle is...

The company reported a net profit after tax of $31.7 million, up 45.5%. Imdex CEO Paul House said the record result reflected IMDEX's ability to react to ...

Weekly update on stockbroker recommendation, target price, and earnings forecast changes. By Mark Woodruff Guide: The FNArena database tabulates the views of seven major Australian and international stock brokers: Citi, Credit Suisse, Macqu...

World Overnight SPI Overnight (Jun) 7301.00 + 19.00 0.26% S&P ASX 200 7379.30 – 52.10 – 0.70% S&P500 4400.64 – 0.82 – 0.02% Nasdaq Comp 14762.58 + 102.01 0.70% DJIA 34930.93 – 127.59 – 0.36% S&P500 VIX 18.31 – 1.05...

World Overnight SPI Overnight (Jun) 7316.00 – 24.00 – 0.33% S&P ASX 200 7431.40 + 37.10 0.50% S&P500 4401.46 – 20.84 – 0.47% Nasdaq Comp 14660.58 – 180.14 – 1.21% DJIA 35058.52 – 85.79 – 0.24% S&P500 VIX 19.36 + 1....

The ASX200 continued tracking a steady path forward, as the broader economy looks set to take a hit from Sydney’s ongoing COVID-19 troubles. Across sectors, the ASX200 indexes for both Resources and the Materials continued on their merry wa...

World Overnight SPI Overnight (Jun) 7328.00 + 19.00 0.26% S&P ASX 200 7394.30 – 0.10 – 0.00% S&P500 4422.30 + 10.51 0.24% Nasdaq Comp 14840.71 + 3.72 0.03% DJIA 35144.31 + 82.76 0.24% S&P500 VIX 17.58 + 0.38 2.21%...

The S&P/ASX 200 Index (Index:^AXJO) is clinging to its record high with a top broker upgrading these ASX shares to “buy” ahead of the August reporting season. This shows that there’s still value to be found if you cared to look even as...

While multiple states continue grappling with COVID-19 outbreaks, the ASX stayed buoyant on Thursday to chalk up healthy gains for the third straight session. Mining and materials stocks continued their rebound from earlier in the week, as...

After a rough couple of days, local stocks got back in the saddle on Wednesday as most large cap sectors finished in positive territory. There was no clear standout on the day, with resources and materials both finishing more than 1% higher...

In a market update ahead of a presentation to the Macquarie Emerging Leaders Conference this week, Imdex said rig utilisation in Australia was ...

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...

If you want to know which ASX stocks fund managers and famous investors are putting their money into we’ve been keeping track of substantial holder buys (and sells). Trading Places is Stockhead’s recap of the substantial holder movements am...

Respected fund manager Wilson Asset Management (WAM) has recently identified two ASX shares that it thinks are buys. WAM operates several listed investment companies (LICs). Some focus on larger companies like WAM Leaders Ltd (ASX: WLE), w...

Game developer Animoca Brands has announced two non-fungible token (NFT) sale events for its blockchain games F1 Delta Time and The Sandbox have raked in a total of US$9.28 million (A$12 million) in a space of three days. The two sales incl...

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...

Against a challenging backdrop mining technology business IMDEX (ASX:IMD) delivered a strong 1H21 result. IMDEX materially beat market expectations with stronger revenues as exploration regions opened and cost discipline drove solid margin...