Austal (ASB) is held by 23 ASX ETFs. Over the last 3 months it fell 4.6%: on $10,000, −$465. We explain 1 big move in that time.
About ASB
- SectorIndustrials
- IndustryCapital Goods
- Size$1.8b
- Held by23 ETFs
- Big moves1 in 3M
Each dot is a move we explain. Tap one, or a row of Why it moved, to see what caused it.
Why it moved
Held by 23 ETFs
Of every $10,000 in each fund, how much is in ASB today.
- SMLLBetaShares Australian Small Companies Select ETF$1131.13%
- SSOSTATE STREET SPDR S&P/ASX SMALL ORDINARIES ETF$440.44%
- ISOiShares S&P/ASX Small Ordinaries ETF$430.43%
- VSOVanguard MSCI Australian Small Companies Index ETF$200.20%
- OZXXGlobal X Australia ex Financials & Resources ETF$160.16%
- IJHiShares S&P Mid-Cap ETF$140.14%
- EX20BetaShares Australian Ex-20 Portfolio Diversifier ETF$120.12%
- GEARBetaShares Geared Australian Equities Complex ETF$100.10%
- VVLUVanguard Global Value Equity Active ETF$6.590.07%
- A300Global X Australia 300 ETF$5.780.06%
Why did ASB rise 10.4% on 11 Aug 2026?
Austal
Austal's shares surged after South Korean defence giant Hanwha lodged a US$1.2 billion bid for Austal's US shipyard operations, with the company exiting a trading halt and releasing a market-sensitive trading update confirming the offer.
The evidence is highly convergent: Austal released a market-sensitive 'Trading and Market Update & exit from trading halt' announcement on 10 Aug 2026, and multiple independent news sources (AFR, Kalkine, Stocks Down Under) simultaneously reported a Hanwha bid of up to US$1.2 billion for Austal's US shipyard division. The stock had been in a trading halt since 7 August pending this announcement, which explains the compressed price discovery and the 10.42% gap on resumption. The modest volume ratio (1.5x) is consistent with a halt-to-resume scenario rather than organic intraday buying. Sector and macro signals are directionally mixed or below threshold and are not material to this move.
General information only, not personal advice — prepared without regard to your objectives, financial situation or needs. Past performance is not indicative of future performance.
Evidence
ASX announcements
News coverage
Sector / macro signals
What it did to the 23 ETFs holding ASB
On $10,000 in each fund, at the weight it holds today
- SMLL1.13% of the fund+$12
- SSO0.44% of the fund+$5
- ISO0.43% of the fund+$4
- VSO0.20% of the fund+$2
- OZXX0.16% of the fund+$2
- IJH0.14% of the fund+$1
- EX200.12% of the fund+$1
- GEAR0.10% of the fund+$1
- VVLU0.07% of the fund+$1
- A3000.06% of the fund+$1
The 10 that hold it most. All 23 are listed on the page under Held by.