Articles On Imdex (ASX:IMD)

ASX finished the week on a positive note Bond traders signal RBA rate hike this year Rotation to cyclical sectors in equities Local blue chips traded in positive territory all day and closed 0.26% higher. For the week, the benchmark ASX 2...

It was almost a complete reversal of what happened last week, as commodities tumbled and tech stocks rallied today. The broader ASX 200 index gained 1%, as sentiment shifted towards riskier assets with all 11 sectors in the green. The Tech...

Local shares swung into positive territory following news that French President Macron had brokered a last ditch deal for Putin and Biden to meet on the Ukraine issue. At around 12.15pm AEDT, French media reported that Putin and Biden will...

Local shares fought back in afternoon trading to close by just 0.7% lower, after being down by 1% in morning session. For the week, the ASX 200 was up 0.35%. Investor sentiment was negative throughout the day, amid fears the Russian invasio...

After Omicron reared its head late last year, domestic investors were “anxious and uncertain” heading into the latest round of ASX trading updates, UBS said. But so far, so good. February reporting season is around 20% complete, and the num...

Aussie shares climbed 1.13% higher today, boosted by a tech stock rally. The XIJ tech index rose by more than 4%, buoyed by Nasdaq’s 1% rise overnight and strong earnings results from local stocks. The Financial sector was the other big win...

Miners and Financials lifted local shares today, as the ASX 200 defied Wall Street’s falls overnight to climb 1.07%. In mining, large gold stocks like AngloGold Ashanti (ASX:AGG) bounced back from yesterday’s falls, while iron ore majors li...

Welcome to the FNArena Corporate Results Monitor. Today's Reports: ((IMD)) - Imdex ((JHX)) - James Hardie Industries ((JHG)) - Janus Henderson ((NWS)) - News Corp ((REA)) - REA Group Check it out at https://www.fnarena.com/index.php/repo...

The share price of mining technology provider Imdex Limited (ASX: IMD) suffered today following the release of the company’s results for the first half of financial year 2022. As of Monday’s close, the Imdex share price is $2.89, 2.36% low...

Coal miners Yancoal (ASX:YAL) and Coronado Global Resources (ASX:CRN) were the big mining winners as prices for both thermal and coking coal continue to trade around record levels. $2.5 billion capped Coronado soared more than 7% on no news...

Travel and tourism stocks spearheaded a late partial recovery for the stock market after the government announced plans to reopen the international border. The S&P/ASX 200 slashed an early loss of 74 points to nine points or 0.13 per...

The share market retreated as negative US futures and disappointing trading updates from ANZ and fund manager Magellan weighed. The S&P/ASX 200 dropped 18 points or 0.26 per cent by mid-session. Gains in energy and tech stocks wer...

Imdex has lifted first-half net profit by 81 per cent despite noting the pace of its growth continued to be tempered by labour restrictions and longer delivery times for rigs and parts.

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...