Maas (MGH) is held by 8 ASX ETFs. Over the last 3 months it rose 27.0%: on $10,000, +$2697. We explain 3 big moves in that time.
About MGH
- SectorIndustrials
- IndustryCapital Goods
- Size$2.5b
- Held by8 ETFs
- Big moves3 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
- +8.2%24 Sep 2026· Regulatory
Maas Group shares surged after receiving regulatory approval for a business sale, pushing the stock to a new all-time high earlier in the week and drawing continued buying interest.
- +12.7%18 Sep 2026· Regulatory
MAAS Group Holdings received FIRB approval for the sale of its CM business, clearing a key regulatory hurdle for a significant asset disposal that the market responded to positively.
- +8.1%4 Aug 2026· Sector Flow
MGH.AX rose sharply alongside a broad rally in the ASX Materials sector, which gained over 2% on the same day, lifting the stock well above its normal daily range.
Held by 8 ETFs
Of every $10,000 in each fund, how much is in MGH today.
- MVSVanEck Small Companies Masters ETF$1931.93%
- SSOSTATE STREET SPDR S&P/ASX SMALL ORDINARIES ETF$430.43%
- ISOiShares S&P/ASX Small Ordinaries ETF$430.43%
- AUMFiShares Edge MSCI Australia Multifactor ETF$180.18%
- VSOVanguard MSCI Australian Small Companies Index ETF$130.13%
- VETHVanguard Ethically Conscious Australian Shares ETF$4.130.04%
- A300Global X Australia 300 ETF$3.950.04%
- VASVanguard Australian Shares Index ETF$2.920.03%
Why did MGH rise 12.7% on 18 Sep 2026?
Maas
MAAS Group Holdings received FIRB approval for the sale of its CM business, clearing a key regulatory hurdle for a significant asset disposal that the market responded to positively.
The ASX announcement of FIRB approval for the CM business sale, released approximately 6.7 hours before the price move was detected, is the most direct and temporally proximate catalyst. FIRB approval removes a material regulatory condition on a previously announced asset disposal, which markets typically re-rate positively as deal certainty increases. The sector tailwind (Materials index +1.0%) is directionally supportive but well below threshold and insufficient to explain a 12.72% / 6.4x ATR move on its own; the volume ratio of ~1.9x confirms above-normal but not extreme participation, consistent with a known event resolving rather than a surprise earnings beat. Kalkine's same-day coverage highlighting MGH as a stock 'in focus' corroborates the announcement as the trigger.
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 8 ETFs holding MGH
On $10,000 in each fund, at the weight it holds today