Category: ASX: ASB

ASX: ASB

Why is Austal (ASX: ASB) soaring ~18%?

ASX: ASB 06/10/2021

Austal (ASB) shares rally after winning US Navy contract

ASB +3.21%: announced a milestone contract win at lunchtime today, helping shares in the shipbuilder trade higher through the afternoon.

ASX: ASB 24/08/2021

Austal (ASB) tumbles despite strong FY21 result

ASB -8.37%: FY21 Result: the full year results looks to have come in above expectations for the shipbuilder Austal.

ASX: APX 06/05/2021

Macquarie Conference warps up

Latest Reports

Weekend report 17/10/2026

The Weekend Q&A: A rare week of local outperformance

The ASX 200 finished a volatile week up +1.0%, although the headline gain masked some fairly aggressive rotation beneath the surface. Utilities (+4.5%), Healthcare (+3.9%), Consumer Staples (+3.4%) and Financials (+3.2%) led the market higher, while Materials (-2.3%), Real Estate (-1.7%) and Information Technology (-1.3%) lagged. Investors continued to rotate into some of the more beaten-up and defensive areas of the market, while resources came under pressure.

Afternoon report 16/10/2026

The Match Out: ASX jumps as beaten-up tech and miners lead recovery

The local market staged a broad recovery today as technology and materials stocks bounced back from heavy losses, supported by easing concerns around the global AI thematic, triggering renewed buying across oversold sectors though weakness in banks and consumer staples limited the advance.