Articles On MaxiTRANS Industries (ASX:MXI)

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Dow and S&P 500 retreat despite Fed’s 0.5% rate cut

  US stocks experienced a volatile trading session overnight, ultimately closing lower despite an unexpected half-percentage-point interest rate cut by the Federal Reserve. While the rate cut initially buoyed market sentiment, concerns abou...

ShareCafe MXI 3 months ago
Dow and S&P 500 retreat despite Fed’s 0.5% rate cut

US stocks experienced a volatile trading session overnight, ultimately closing lower despite an unexpected half-percentage-point interest rate cut by the Federal Reserve. While the rate cut initially buoyed market sentiment, concerns about...

ShareCafe MXI 3 months ago
S&P 500 inches up ahead of Nvidia earnings

  US stocks closed slightly higher on Tuesday as investors looked ahead to a crucial earnings report from Nvidia. The broad-based S&P 500 gained 0.16 per cent to finish at 5,625.80, while the tech-heavy Nasdaq Composite rose 0.16 per ce...

ShareCafe MXI 3 months ago
US markets take a breather from record run

  US markets finally took a breather as the Easter break will mean a shorter and quieter trading week. The Dow Jones fell 0.4 per cent. The S&P 500 closed down 0.3 per cent and the Nasdaq Composite finished the day down 0.3 per cent. Tu...

ShareCafe MXI 9 months ago
US markets take a breather from record run

US markets finally took a breather as the Easter break will mean a shorter and quieter trading week. The Dow Jones fell 164 points or 0.4%. The S&P 500 closed down 0.2 per cent and the Nasdaq Composite finished the day down 0.1 per cent...

ShareCafe MXI 9 months ago
Closing Bell: ASX200 flat and earthbound as Nyrada CEO exclusively shares 3 reasons for stunning 420pc session

  Local markets end hopelessly, slightly lower IT sector surges 2.9%   Small Caps led by incredible Nyrada outperformance   Despite a return to form for lithium and a stunning 420% rally for little local drugmaker Nyrada, the ASX200 was t...

Stockhead MXI 9 months ago
Dow dips, Macy’s and Lowe’s gain, Viking Therapeutics soars

  The S&P 500 and the Nasdaq Composite ended Tuesday’s session with modest gains as investors prepared for key inflation data to be released later this week. The S&P 500 inched up 0.17 per cent to 5,078.18. The Nasdaq added 0.37 per...

ShareCafe MXI 9 months ago
Choppy session to kick off the new month: Premier (ASX:PMV) rallies on AGM comments

Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished down -0.20% to 7,073.20. Markets @ Midday: Listen here at lunchtime or find all Market Matters Podcasts on Spoti...

Rask Media MXI 1 year ago
Closing Bell: Australian resources dominate as ASX storms higher

Energy stocks have lifted the ASX200 almost 0.83% higher on Tuesday  9 of the 11 ASX Sectors were trading in the green  Small caps led by MTC, CPM   The commodity-heavy Australian share market has rebounded handsomely on Tuesday off the b...

Stockhead MXI 1 year ago
Why we own Maxiparts Ltd (ASX:MXI) shares

This article is an extra special deep dive from our friends at NAOS Asset Management. Robert Miller dives deep into trucking and transport, offering you a thorough understanding of businesses like Maxiparts Ltd (ASX:MXI). Over to Rob… *** L...

Rask Media MXI 1 year ago
Investors rally behind Wall Street’s latest IPO

  The Dow Jones Industrial Average rallied the most in over a month as traders cheered the revival of Wall Street’s IPO market and a decent batch of economic data. The Dow was up for the first day in three, climbing 331.58 points, or 0.96 p...

ShareCafe MXI 1 year ago
Investors flock back to tech stocks after strong economic data

  The Nasdaq Composite climbed more than 1 per cent Tuesday, as investors flocked back to tech stocks in the final days of what’s been a difficult August for the market. The tech-heavy index gained 1.74 per cent to close at 13,943.76. The S...

ShareCafe MXI 1 year ago
Closing Bell: ASX ekes out tiny win

S&P/ASX 200 closes flat up just 0.07%, while the emerging companies index falls 0.48% Cellnet Group up 44% after a takeover bid by German private company Wentronic Holding GmbH Podium Minerals completes $2 million cap raise to advance...

Stockhead MXI 1 year ago
UBS purchases Credit Suisse for US$3.25bn

ShareCafeUBS purchases Credit Suisse for US$3.25bn                    Stocks fell Friday as investors pulled back from positions in First Republic and other bank shares amid lingering concerns over the state of the US banking sector....

ShareCafe MXI 1 year ago
Despite a solid start for stocks, major US indexes fall in Feb

ShareCafeDespite a solid start for stocks, major US indexes fall in Feb                    The major averages fell on Tuesday to round out a tough month for the stock market. Despite a solid start to the year, the major indexes are on...

ShareCafe MXI 1 year ago
FedEx sees global recession as commentary hits US markets

ShareCafeFedEx sees global recession as commentary hits US markets                    Stocks fell Friday as Wall Street wrapped up one of its worst weeks in months and traders reacted to an ugly earnings warning from FedEx about the g...

ShareCafe MXI 2 years ago
Technology stocks struggle in rising rate environment

ShareCafeTechnology stocks struggle in rising rate environment                    US equities were lower in very quiet Monday trading. Stocks fell on Monday as traders fought to regain their footing from the prior week’s sell-off amid...

ShareCafe MXI 2 years ago
MaxiPARTS (ASX:MXI) completes Truckzone acquisition

Truck and trailer parts company MaxiPARTS (MXI) has completed the acquisition of Truckzone Group for $18 million MXI announced the deal at the start of the month and said the purchase would position it as one of the largest independent mul...

themarketherald.com.au MXI 2 years ago
Week in review: Firebrick and Felix debut, Arovella cornerstone investor committed $3m to a $4.57m placement

Welcome to the Deal Room Week in Review. Firebrick Pharma (ASX:FRE) recorded the most successful ASX listing so far this year, instantly rewarding IPO shareholders as it opened last Friday with 195 per cent gains. The company’s share...

themarketherald.com.au MXI 2 years ago
MaxiPARTS (ASX:MXI) looks to raise $25m, to buy Truckzone

MaxiPARTS (MXI) announces a $25 million equity raise and agreed to buy the Truckzone Group for $18 million Truckzone is one of Australia’s largest independent commercial vehicle parts businesses with ten stores nationwide The merger betwee...

themarketherald.com.au MXI 2 years ago
De Grey unearths boardroom gold with new non-executive director Samantha Hogg

De Grey has added a whole lot more resource and infrastructure experience to the mix after appointing Samantha Hogg to the role of non-executive director. Having sat on numerous boards and currently serving as independent non-executive dir...

Stockhead MXI 2 years ago
Trading Places: Which stocks has AustralianSuper been buying more of?

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...

Stockhead MXI 3 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 MXI 3 years ago
July Winners Column: Rare earths, engineering and takeover target stocks reigned supreme on the ASX

Despite much of Australia spending some or all of July in lockdown, the ASX 200 rose 1.7% and the top 50 winners all gained 45% or more. And that wasn’t the only joy during the month. Our Olympians are doing us proud bringing home 33 medals...

Stockhead MXI 3 years ago
Hot Money Monday: An oil & gas play rejoins the boards with a bang, while BNPL runs cold

Each week, Stockhead recaps ASX stocks that are “running hot” as deduced by the Relative Strength Index (RSI). The RSI is a technical gauge which measures how trading momentum is affecting the price action. A reading of 70 is seen as the le...

Stockhead MXI 3 years ago
10 at 10: These ASX stocks are keeping their eye on the prize this morning

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Stockhead MXI 3 years ago
What is Shining in Industrial Space: 5 Micro- & Nano- Cap Stocks

When economy is going through a sluggish growth phase, and monetary policy measures are not efficiently delivering the expected outcome in a time bound manner, then, the need of fiscal policy measures is highly desirable, as it involves gov...

Kalkine Media MXI 5 years ago
Two Stocks Trading Close To Their 52 Weeks Low Price – MXI, PSC

The below-mentioned stocks are trading close to their 52 weeks low prices. In the last six months, both the stocks have provided negative returns. Let’s take a closer look at these stocks and their recent updates. MaxiTRANS Industries Limi...

Kalkine Media MXI 5 years ago