Macmahon (MAH) is held by 12 ASX ETFs. Over the last 6 months it rose 37.0%: on $10,000, +$3699. We explain 6 big moves in that time.
About MAH
- SectorMaterials
- IndustryMaterials
- Size$2.4b
- Held by12 ETFs
- Big moves6 in 6M
Each dot is a move we explain. Tap one, or a row of Why it moved, to see what caused it.
Why it moved
- +11.7%18 Sep 2026· Contract
Macmahon Holdings surged as news coverage highlighted significant expansion of its mining services and engineering business, boosting investor sentiment.
- −6.6%18 Aug 2026· Earnings Beat
Macmahon's share price fell sharply as investors sold into the FY26 record revenue and strong results announcement, a classic 'sell the news' reaction after the stock had already surged 169% over the prior year.
- +6.7%4 Aug 2026· Contract
Macmahon Holdings' stock rose on contract momentum, reaching a fresh high.
- +7.5%29 May 2026· Sector Flow
No company-specific news found; the stock likely moved due to broad sector/analyst sentiment from the ASX weekly wrap.
- +12.1%13 May 2026· Operational
Macmahon Holdings surged 12.1% despite a weak ASX market, likely due to an announcement of a major contract or operational update not covered in the provided articles.
- +11.4%9 Apr 2026· Earnings Beat
Macmahon's stock surged on news of record earnings, indicating a strong financial performance that exceeded market expectations.
Held by 12 ETFs
Of every $10,000 in each fund, how much is in MAH today.
- MVSVanEck Small Companies Masters ETF$1941.94%
- ALFAVanEck Australian Long Short Complex ETF$760.76%
- SSOSTATE STREET SPDR S&P/ASX SMALL ORDINARIES ETF$450.45%
- ISOiShares S&P/ASX Small Ordinaries ETF$440.44%
- AUMFiShares Edge MSCI Australia Multifactor ETF$240.24%
- VSOVanguard MSCI Australian Small Companies Index ETF$200.20%
- IESGiShares Core MSCI Australia ESG ETF$110.11%
- QOZBetaShares FTSE RAFI Australia 200 ETF$6.910.07%
- A300Global X Australia 300 ETF$4.480.04%
- VASVanguard Australian Shares Index ETF$3.680.04%
Why did MAH rise 12.1% on 13 May 2026?
Macmahon
Macmahon Holdings surged 12.1% despite a weak ASX market, likely due to an announcement of a major contract or operational update not covered in the provided articles.
The price move is dramatic and isolated, with no direct news article explaining Macmahon's rise. The only relevant article simply notes the surge without providing a cause, suggesting an announcement or development that received limited news coverage. Given Macmahon's business in mining services, a contract award or operational update is a plausible cause, but this is circumstantial due to the lack of explicit evidence.
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
What it did to the 12 ETFs holding MAH
On $10,000 in each fund, at the weight it holds today
- MVS1.94% of the fund+$23
- ALFA0.76% of the fund+$9
- SSO0.45% of the fund+$5
- ISO0.44% of the fund+$5
- AUMF0.24% of the fund+$3
- VSO0.20% of the fund+$2
- IESG0.11% of the fund+$1
- QOZ0.07% of the fund+$1
- A3000.04% of the fund+$1
- VAS0.04% of the fund+$0
The 10 that hold it most. All 12 are listed on the page under Held by.