Dyno Nobel (DNL) is held by 30 ASX ETFs. Over the last 3 months it rose 1.8%: on $10,000, +$178. We explain 1 big move in that time.
About DNL
- SectorMaterials
- IndustryMaterials
- Size$7.0b
- Held by30 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 30 ETFs
Of every $10,000 in each fund, how much is in DNL today.
- MVEVanEck S&P/ASX MidCap ETF$1991.99%
- ALFAVanEck Australian Long Short Complex ETF$1691.69%
- MVRVanEck Australian Resources ETF$1681.68%
- MVOLiShares Edge MSCI Australia Minimum Volatility ETF$1651.65%
- GMVWVanEck Geared Australian Equal Weight Complex ETF$1361.36%
- MVWVanEck Australian Equal Weight ETF$1361.36%
- AUMFiShares Edge MSCI Australia Multifactor ETF$1351.35%
- VSOVanguard MSCI Australian Small Companies Index ETF$1161.16%
- SYISTATE STREET SPDR MSCI AUS SELECT HIGH DIVIDEND YIELD ETF$1001.00%
- GRNVVanEck MSCI Australian Sustainable Equity ETF$960.96%
Why did DNL rise 5.2% on 17 Sep 2026?
Dyno Nobel
Renewed investor interest in Dyno Nobel as a focused explosives business following multiple positive news articles highlighting its strategic repositioning after fertiliser exits
There are no ASX announcements to explain the move, and both the sector (AXMJ -0.9%) and US market (S&P500 -0.4%) moved in the opposite direction, ruling out macro or sector tailwinds. The most plausible trigger is a cluster of Kalkine news articles published in the days prior — specifically the 16 September piece putting DNL 'on investors' radar' alongside peers, and the narrative around Dyno Nobel entering its first full year as a pure-play explosives business after completing fertiliser exits. This story could have attracted fresh buying interest. However, the absence of a company announcement and the reliance on third-party media articles keeps confidence moderate-to-low, as the exact catalyst cannot be confirmed.
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
News coverage
Sector / macro signals
What it did to the 30 ETFs holding DNL
On $10,000 in each fund, at the weight it holds today
- MVE1.99% of the fund+$10
- ALFA1.69% of the fund+$9
- MVR1.68% of the fund+$9
- MVOL1.65% of the fund+$9
- GMVW1.36% of the fund+$7
- MVW1.36% of the fund+$7
- AUMF1.35% of the fund+$7
- VSO1.16% of the fund+$6
- SYI1.00% of the fund+$5
- GRNV0.96% of the fund+$5
The 10 that hold it most. All 30 are listed on the page under Held by.