By the time trading closed, the index had dropped 0.11% to close at 8,911.4 points.

This miserly session for the local markets came after a horrid return to trading for the US markets following the American long weekend.

The Dow Jones Industrial Average Index (DJX: .DJI) clearly didn't get a proper holiday, dropping 1.18% last night.

Meanwhile, the tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) did better, but still lost 0.32%.

But let's get back to ASX shares now and examine how today's tough trading conditions affected the various ASX sectors.

Winners and losers

Most of the ASX's sectors were dragged lower this Wednesday. But there were a few exceptions.

First though, it was, somewhat ironically, healthcare shares that had the unhealthiest day. The S&P/ASX 200 Healthcare Index (ASX: XHJ) had tanked 1.5% by the close of trading.

Consumer discretionary stocks also had a shocker, with the S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ) plunging 1.14%.

Gold shares were no safe haven either. The All Ordinaries Gold Index (ASX: XGD) cratered 1.06% today.

Communications stocks suffered a steep drop too, as you can see from the S&P/ASX 200 Communication Services Index (ASX: XTJ)'s 1.04% dive.

Financial shares were right in front of communications. The S&P/ASX 200 Financials Index (ASX: XFJ) sank 1.02%.

Next came consumer staples stocks, with the S&P/ASX 200 Consumer Staples Index (ASX: XSJ) retreating 0.9%.

Tech shares had a day to forget as well. The S&P/ASX 200 Information Technology Index (ASX: XIJ) saw its value cut by 0.71%.

Real estate investment trusts (REITs) weren't granted an exception either, evidenced by the S&P/ASX 200 A-REIT Index (ASX: XPJ)'s 0.57% dip.

But that's it for the red sectors, so let's get to the winners.

Leading said winners were energy stocks. The S&P/ASX 200 Energy Index (ASX: XEJ) roared higher today, surging 1.73%.

Mining shares also ran hot, with the S&P/ASX 200 Materials Index (ASX: XMJ) soaring 1.51%.

Utilities stocks were in demand as well. The S&P/ASX 200 Utilities Index (ASX: XUJ) lifted 1.01% today.

Finally, industrial shares got out unscathed, illustrated by the S&P/ASX 200 Industrials Index (ASX: XNJ)'s 0.06% bounce.

Top 10 ASX 200 shares countdown

Gold stock Minerals 260 Ltd (ASX: MI6) was our chart-topper this hump day. Minerals 260 shares exploded 10.37% higher this session to finish at 90.5 cents apiece.

This big move came despite no fresh news or announcements from the company.

Here's how the other top stocks landed their planes today:

Our top 10 shares countdown is a recurring end-of-day summary that shows which companies made big moves on the day. Check in at Fool.com.au after the weekday market closes to see which stocks make the countdown.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

As the earnings season continues, more companies are announcing their next dividends.

We'll help you keep track of ex-dividend dates with an article every Friday over the next two months.

Here are the ASX 200 shares going ex-dividend next week.

ASX shares with ex-dividend dates ahead

Insurance Australia Group Ltd (ASX: IAG)

This ASX 200 financial share will pay an 80% franked dividend of 20 cents per share on 28 September.

IAG shares go ex-dividend on Monday, 24 August.

QBE Insurance Ltd (ASX: QBE)

QBE will pay a 30% franked dividend of 33 cents per share on 2 October.

The ex-dividend date is Monday, 24 August.

Santos Ltd (ASX: STO)

This ASX 200 energy share will pay an unfranked dividend of 11.6 US cents per share on 23 September.

Santos shares go ex-dividend on Monday, 24 August.

Amotiv Ltd (ASX: AOV)

This ASX 200 retail stock will pay a 100% franked dividend of 23 cents per share on 15 September.

Amotiv shares go ex-dividend on Tuesday, 25 August.

Deterra Royalties Ltd (ASX: DRR)

This ASX 200 materials share will pay a 100% franked dividend of 10.8 cents per share on 22 September.

The ex-dividend date is Tuesday, 25 August.

AGL Energy Ltd (ASX: AGL)

This ASX 200 utilities stock will pay a 100% franked dividend of 26 cents per share on 24 September.

AGL shares go ex-dividend on Tuesday, 25 August.

Challenger Ltd (ASX: CGF)

This ASX 200 financial stock will pay a fully-franked dividend of 17.5 cents per share on 17 September.

Challenger shares go ex-dividend on Tuesday, 25 August.

Telstra Group Ltd (ASX: TLS)

This ASX 200 telco will pay a 90% franked dividend of 10.5 cents per share on 24 September.

The ex-dividend date is Wednesday, 26 August.

Lottery Corporation Ltd (ASX: TLC)

This ASX 200 consumer discretionary share will pay a 100% franked dividend of 8.5 cents per share on 24 September.

Lottery Corp shares go ex-dividend on Wednesday, 26 August.

JB Hi-Fi Ltd (ASX: JBH)

This ASX 200 retail share will pay a 100% franked dividend of $1.27 per share on 11 September.

JB Hi-Fi shares go ex-dividend on Thursday, 27 August.

SRG Global Ltd (ASX: SRG)

This ASX 200 industrial stock will pay a 100% franked dividend of 4 cents per share on 11 September.

The ex-dividend date is Thursday, 27 August.

Ebos Group Ltd (ASX: EBO)

This ASX 200 healthcare share will pay a 97% franked dividend of 63.7 NZD cents per share on 18 September.

Ebos shares go ex-dividend on Thursday, 27 August.

REA Group Ltd (ASX: REA)

This ASX 200 communications share will pay a fully-franked dividend of $1.73 per share on 11 September.

The ex-dividend date is Thursday, 27 August.

Beach Energy Ltd (ASX: BPT)

This ASX 200 energy stock will pay a fully-franked dividend of 2 cents per share on 30 September.

The ex-dividend date is Friday, 28 August.

Orora Ltd (ASX: ORA)

This ASX 200 materials stock will pay an unfranked dividend of 4 cents per share on 6 October.

The ex-dividend date is Friday, 28 August.

Iress Ltd (ASX: IRE)

This ASX 200 tech stock will pay a 100% franked dividend of 14 cents per share on 28 September.

The ex-dividend date is Friday, 28 August.

The post 16 ASX 200 shares with ex-dividend dates next week appeared first on The Motley Fool Australia.

As earnings season continues, Morgans has updated its ratings and 12-month price targets following company reports.

Let's take a look at the broker's assessment of these ASX shares post-results.

SRG Global Ltd (ASX: SRG)

The SRG Global share price is $3.99, down 2.8% today and up 115% over 12 months. 

Over the past month, this ASX 200 industrial share has risen 13%.

Morgans kept a buy rating on this ASX 200 industrial share after reviewing the company's FY26 report.

SRG delivered a strong FY26 with EPSA growth of +30%, largely consistent with its 5-year EPSA CAGR of +32%.

FY27 guidance was upgraded, and the momentum looks set to continue.

Organic growth is strong (2H EBITA +19%) and the order book has risen sharply (+20% in 6 months), providing robust visibility into FY27 and beyond.

Although SRG has re-rated, earnings momentum via organic and inorganic growth could see the company continue to compound +30% EPS growth over the next 3 years.

The broker raised its share price target from $4.20 to $4.70.

This implies a potential 15% upside from here.

Cochlear Ltd (ASX: COH)

The Cochlear share price is $137.26, down 0.1% today and down 55% over 12 months. 

Over the past month, this ASX 200 healthcare share has increased 15%.

Morgans retained a hold rating on this healthcare heavyweight share after its FY26 report.

FY26 result was mixed, with underlying NPAT of A$322m, 6% above our forecast, despite revenue of A$2,348m being broadly in line.

The result benefited from a stronger 2H, particularly Services and cochlear implant (CI) volumes, although margins remained under pressure.

Notably, Nexa adoption has been solid, capturing >95% of developed-market (DM) implants, but has yet to translate into an acceleration in underlying market growth.

FY27 NPAT guidance of A$330-350m implies only modest growth and not yet a material earnings inflection.

Morgans has a share price target of $138.42, which implies just 1% growth ahead.

National Australia Bank Ltd (ASX: NAB)

The NAB share price is $38.33, down 1.5% today and down 9% over 12 months. 

Over the past month, this ASX 200 bank share has fallen 3%.

Morgans maintained a trim rating on the ASX 200 bank share after NAB's 3Q FY26 update.

The broker said:

3Q26 cash profit growth trailed 2H26 consensus expectations, driven by slower revenue growth (particularly the relatively higher quality net interest income).

No change to FY26F EPS, but FY27/28F moderated on lower net interest income growth outlook.

DCF valuation declines -3% to $35.19/sh.

TRIM retained. Potential TSR c.-5% at current prices (including c.4.4% yield).

Morgans has a 12-month target of $35.19 on NAB shares.

This implies a potential 8% downside ahead.

The post Buy, hold, sell: SRG Global, Cochlear, NAB shares appeared first on The Motley Fool Australia.

After opening sharply lower this morning, the ASX 200 spent the entire session in red territory. By the time the closing bell rang, the index had dropped 0.18% to finish at 9,053.8 points.

This miserable Wednesday for the local markets came after a similarly pessimistic night up on the American markets.

The Dow Jones Industrial Average Index (DJX: .DJI) couldn't hold water, dropping 0.22%.

The tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) was hit far harder though, falling 1.33%.

But let's return to ASX shares now and dive into how the different ASX sectors handled today's tough trading conditions.

Winners and losers

The losers easily outnumbered the winners this Wednesday.

Leading said losers were tech stocks. The S&P/ASX 200 Information Technology Index (ASX: XIJ) had a shocker, plunging 3.15%.

Real estate investment trusts (REITs) were also hit hard, with the S&P/ASX 200 A-REIT Index (ASX: XPJ) cratering by 1.15%.

Financial shares fared a little better. The S&P/ASX 200 Financials Index (ASX: XFJ) still tanked 0.64%, though.

Consumer discretionary stocks were in a similar boat, as you can see by the S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ)'s 0.58% dive.

Gold shares weren't much of a safe haven either. The All Ordinaries Gold Index (ASX: XGD) saw its value shrink 0.18%.

We could almost say the same for broader mining stocks, with the S&P/ASX 200 Materials Index (ASX: XMJ) retreating 0.04%.

Let's turn to the winners now.

Leading the team were healthcare shares. The S&P/ASX 200 Healthcare Index (ASX: XHJ) roared 2.6% higher today.

Energy stocks also ran hot, as evidenced by the S&P/ASX 200 Energy Index (ASX: XEJ)'s 0.77% surge.

Utilities shares were a little tamer. The S&P/ASX 200 Utilities Index (ASX: XUJ) jumped 0.35% this session.

Consumer staples stocks were right behind that, with the S&P/ASX 200 Consumer Staples Index (ASX: XSJ) advancing 0.31%.

Industrial shares got out unscathed this hump day. The S&P/ASX 200 Industrials Index (ASX: XNJ) ended up lifting 0.05%.

Finally, communications stocks notched a dodge, illustrated by the S&P/ASX 200 Communication Services Index (ASX: XTJ)'s 0.04% bump.

Top 10 ASX 200 shares countdown

It was REIT Stockland Corporation Ltd (ASX: SGP) that took out today's top spot. Stockland units shot up 12.35% this Wednesday to finish at $4.55 each.

This came after the REIT reported its latest earnings, which clearly delighted the market.

Here's how the other top shares landed their planes:

Our top 10 shares countdown is a recurring end-of-day summary that shows which companies made big moves on the day. Check in at Fool.com.au after the weekday market closes to see which stocks make the countdown.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

The company is a diversified industrial services group that provides multidisciplinary construction, maintenance, drilling, and geotechnical services to clients in sectors including mining, industrial processing, infrastructure, and renewable energy.

In the last 12 months, this ASX industrials stock has risen an impressive 145%. 

A new report from Bell Potter suggests there could still be more growth to come. 

What did the company report?

SRG released FY26 results and FY27 guidance on Tuesday. 

Results included: 

• Revenue up 27% to $1,675.5 million (FY25: $1,323.3 million)
• Underlying EBITDA rose 34% to $170.1 million
• Net profit after tax (NPAT) up 51% to $71.9 million
• Earnings per share increased 44% to 11.6 cents
• Final dividend of 4 cents per share (fully franked), bringing total FY26 dividend to 7 cents (up 27%). 

Speaking on the results, Managing Director David Macgeorge commented:

SRG Global has continued to deliver strongly, reflected in a significant +34% increase in EPS(A) to 13.8 cents. This result demonstrates our focus on delivering long-term value for shareholders, underpinned by continued organic growth across the business alongside the successful execution of our acquisition strategy. Our transformation into a diversified infrastructure services business is driving record performance, with strong foundations now in place to support the continued delivery of long-term, sustainable returns to shareholders.

Bell Potter's updated view

Following the announcement, Bell Potter released updated guidance on this ASX industrials stock. 

The broker saw the result as largely positive, with underlying EBITDA ahead of expectations. 

The result was supported by stronger-than-expected engineering and construction revenue and a strong contribution from the company's Total Asset Management Services business, which exceeded its original earnings target by 10%.

For fiscal 2027, management upgraded its earnings guidance to $195 to $205 million, supported by a record $5.1 billion of work already secured, stronger maintenance activity, and an improved outlook for Total Asset Management Services.

Price target upgraded

Following the results, the team at Bell Potter retained its buy recommendation on SRG shares and increased its price target to $4.50 (previously $4.25). 

From yesterday's closing price, this indicates an upside potential of nearly 14%. 

We see SRG's 24% valuation premium to the peer group (FY27 PE(A)) as justified and reflective of management's strong track record of organic and inorganic growth and a business delivering >80% of its earnings from recurring streams.

The post This high flying industrials stock just rocketed 9% on results and is expected to keep rising appeared first on The Motley Fool Australia.

This miserly finish for the Australian markets this Tuesday followed a rough start to the American trading week on Wall Street last night (our time).

The Dow Jones Industrial Average Index (DJX: .DJI) was not feeling Monday-fresh, dropping 0.51%.

The tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) fared slightly better, but still fell 0.32%.

But let's get back to our local markets now and take stock of what the various ASX sectors were up to this session.

Winners and losers

With the market's falls, there were unsurprisingly more red sectors than green ones today.

Leading those red sectors were gold stocks. The All Ordinaries Gold Index (ASX: XGD) had a rough one, cratering by 1.57%.

Communications shares weren't popular either, with the S&P/ASX 200 Communication Services Index (ASX: XTJ) plunging 1.26%.

We could say the same for consumer staples stocks. The S&P/ASX 200 Consumer Staples Index (ASX: XSJ) saw a 1.16% dive this session.

Financial shares weren't much better, evident from the S&P/ASX 200 Financials Index (ASX: XFJ)'s 1.1% wipeout.

Consumer discretionary stocks came next. The S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ) suffered a 1.03% reduction this Tuesday.

Tech shares were right behind that, with the S&P/ASX 200 Information Technology Index (ASX: XIJ) dipping 1.02%.

Industrial stocks had a day to forget, too. The S&P/ASX 200 Industrials Index (ASX: XNJ) endured a 0.75% dip today.

Let's turn to the winners now. Leading the charge were healthcare shares, illustrated by the S&P/ASX 200 Healthcare Index (ASX: XHJ)'s whopping 7.81% surge. We can thank CSL Ltd (ASX: CSL) for that.

Energy stocks enjoyed some time in the sun too. The S&P/ASX 200 Energy Index (ASX: XEJ) jumped up 0.99% today.

Utilities shares also got a reprieve, with the S&P/ASX 200 Utilities Index (ASX: XUJ) advancing 0.89%.

Mining stocks were another safe haven. The S&P/ASX 200 Materials Index (ASX: XMJ) rose 0.15% by the closing bell.

Finally, real estate investment trusts (REITs) got in under the wire, as you can see by the S&P/ASX 200 A-REIT Index (ASX: XPJ)'s 0.05% inch higher.

Top 10 ASX 200 shares countdown

Our winner this session was manufacturing stock Reliance Worldwide Corporation Ltd (ASX: RWC).

Reliance shares exploded 24.65% higher today to close at $4.50 each. This came after the company posted its latest earnings, which included the revelation that it had received a takeover offer.

Here's how the other winners pulled up at the kerb:

Our top 10 shares countdown is a recurring end-of-day summary that shows which companies made big moves on the day. Check in at Fool.com.au after the weekday market closes to see which stocks make the countdown.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

What did SRG Global report?

• Revenue up 27% to $1,675.5 million (FY25: $1,323.3 million)
• Underlying EBITDA rose 34% to $170.1 million
• Net profit after tax (NPAT) up 51% to $71.9 million
• Earnings per share increased 44% to 11.6 cents
• Final dividend of 4.0 cents per share (fully franked), bringing total FY26 dividend to 7.0 cents (up 27%)
• Record work in hand of $5.1 billion and available liquidity of $288.4 million

What else do investors need to know?

SRG Global's record performance was underpinned by strong growth across both its Maintenance & Industrial Services, and Engineering & Construction segments. Maintenance & Industrial Services revenue surged 33% to $1,149.8 million, while Engineering & Construction revenue climbed 15% to $525.7 million.

In March 2026, SRG Global joined the S&P/ASX 200 Index — a major milestone for the business. The company also completed the acquisition of TAMS, expanding operations into ports and marine infrastructure, which is expected to strengthen annuity earnings and cross-selling opportunities.

SRG Global maintained a strong balance sheet, returning to a net cash position (excluding lease liabilities) of $6.2 million at year end, with continued focus on cash generation and disciplined capital management. The company reported a healthy EBITDA-to-cash conversion rate of 101% for FY26.

What did SRG Global management say?

Managing Director David Macgeorge commented:

"SRG Global has continued to deliver strongly, reflected in a significant +34% increase in EPS(A) to 13.8 cents. This result demonstrates our focus on delivering long-term value for shareholders, underpinned by continued organic growth across the business alongside the successful execution of our acquisition strategy. Our transformation into a diversified infrastructure services business is driving record performance, with strong foundations now in place to support the continued delivery of long-term, sustainable returns to shareholders."

What's next for SRG Global?

SRG Global is guiding for further growth, upgrading its FY27 underlying EBITDA forecast to $195–205 million (previously $190–200 million). The business expects to benefit from its record $5.1 billion work in hand, ongoing contract wins, and the integration of TAMS.

Strategically, the focus remains on recurring annuity earnings, expanding its reach across vital sectors like water security, energy transition, and critical minerals, as well as unlocking technology-driven efficiencies. The company's strong balance sheet and capital-light model leave it well-placed to pursue selective acquisitions and invest in sustainable growth initiatives.

SRG Global share price snapshot

Over the past 12 months, SRG Global shares have risen 125%, outperforming the All Ordinaries Index (ASX: XAO), which is flat over the same period.

View Original Announcement

The post SRG Global profit jumps 51% as FY27 guidance upgraded appeared first on The Motley Fool Australia.

After opening sharply lower at the start of morning trading, the ASX 200 did recover a little over the day. But it wasn't nearly enough to save investors from a loss. By the time trading finished, the index had lost 0.26% and closed at 8,762.5 points.

This depressing Thursday for the local markets came after a mixed night over on the US markets.

The Dow Jones Industrial Average Index (DJX: .DJI) wasn't in a good place, dropping 1.09%.

However, the tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) fared far better, rising 0.2%.

Let's get back to the local markets now and check out how today's tough trading conditions have percolated down into the various ASX sectors.

Winners and losers

Despite the market's bad mood this Thursday, there were plenty of sectors that were spared from a sell-down.

But first, it was mining stocks that got slammed the hardest today. The S&P/ASX 200 Materials Index (ASX: XMJ) ended up crashing 1.48% lower.

Gold shares had another rough one too, with the All Ordinaries Gold Index (ASX: XGD) tumbling 1.24%.

We can say the same for real estate investment trusts (REITs). The S&P/ASX 200 A-REIT Index (ASX: XPJ) sank 1.1% by the closing bell.

Financial stocks were a little better, though, as illustrated by the S&P/ASX 200 Financials Index (ASX: XFJ)'s 0.15% slip.

Turning to the green sectors now, energy shares had a blowout. The S&P/ASX 200 Energy Index (ASX: XEJ) ended up surging 1.67% higher.

Utilities stocks also ran hot, with the S&P/ASX 200 Utilities Index (ASX: XUJ) soaring 1.28%.

Consumer staples shares were solid. The S&P/ASX 200 Consumer Staples Index (ASX: XSJ) galloped 0.97% higher this session.

Tech stocks were in demand too, as you can see by the S&P/ASX 200 Information Technology Index (ASX: XIJ)'s 0.92% bounce.

Communications shares fared decently. The S&P/ASX 200 Communication Services Index (ASX: XTJ) added 0.89% to its total today.

As did consumer discretionary stocks, with the S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ) advancing 0.58%.

Healthcare shares stayed afloat. The S&P/ASX 200 Healthcare Index (ASX: XHJ) lifted 0.13% this Thursday.

Finally, industrial stocks got over the line, evident from the S&P/ASX 200 Industrials Index (ASX: XNJ)'s 0.12% bump.

Top 10 ASX 200 shares countdown

Today's top stock was building supplies company Fletcher Building Ltd (ASX: FBU). Fletcher shares rocketed 7.55% this session to $2.99 each.

This followed the stock releasing some updated earnings guidance, which investors clearly appreciated.

Here's how the other winners pulled up at the kerb: 

Our top 10 shares countdown is a recurring end-of-day summary that shows which companies made big moves on the day. Check in at Fool.com.au after the weekday market closes to see which stocks make the countdown.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

S&P/ASX 200 Index (ASX: XJO) shares rose by 2.77% and provided total gross returns (including dividends) of 7% in FY26.

Thirteen ASX 200 shares doubled in value — or better — over the 12 months.

Three of them were ASX 200 gold miners, which benefited from an 18% rise in the gold price last year.

Four were lithium miners, which generated turbocharged earnings amid a 278% lift in the spodumene price and a 160% rise in the carbonate price over FY26.

While healthcare was the worst-performing sector, the ASX 200's fastest rising stock came from it and blasted 1,786% higher!

Let's check out this group of ASX 200 double baggers for FY26.

Double-baggers of FY26

1. 4DMedical Ltd (ASX: 4DX)

This ASX healthcare share skyrocketed 1,786% in FY26 to close out the year at $4.53.

The respiratory imaging technology company gained US Food and Drug Administration (FDA) approval for its CT:VQ product in September 2025.

CT:VQ has since been deployed at several well-known academic hospitals and clinics.

One broker thinks there is more room to run for 4DMedical shares in FY27.

2. Minerals 260 Ltd (ASX: MI6)

This ASX 200 gold share ripped 508% to finish FY26 at 73 cents.

Minerals 260 is building the Bullabulling Gold Project near Kalgoorlie in Western Australia's Eastern Goldfields region.

3. Elevra Lithium Ltd (ASX: ELV)

This ASX 200 lithium share flew 327% to $9.60 over FY26.

Elevra has a globally diversified portfolio of mines and projects across Québec, North Carolina, Ghana, and Western Australia.

4. PLS Group Ltd (ASX: PLS)

This fellow ASX lithium share leapt 275% to close out FY26 at $5.02.

The company's flagship project is Pilgangoora, the world's largest independent hard-rock lithium mine.

Formerly known as Pilbara Minerals, PLS Group was the best performer among the ASX 200 large-cap shares last year.

5. Electro Optic Systems Holdings Ltd (ASX: EOS)

The Electro Optic Systems share price increased 261% to close the year at $10.30.

This made Electro Optic the best-performing stock of the industrials sector in FY26.

The company specialises in defence technology, advanced weapon systems, and counter-drone solutions.

6. Mineral Resources Ltd (ASX: MIN)

The Mineral Resources share price rose 188% in FY26.

The ASX large-cap mining share finished the year at $62.07.

Value investors returned to Mineral Resources after corporate governance and financial problems crushed the stock in FY25.

Mineral Resources reported its best half-year result ever for 1H FY26. The miner reported record revenue of $3.1 billion and EBITDA of $1.2 billion due to rising lithium prices and the successful ramp-up of its Onslow iron ore project.

7. NRW Holdings Limited (ASX: NWH)

This ASX 200 industrials share soared 149% to finish the year at $7.44.

8. Liontown Ltd (ASX: LTR)

This ASX 200 lithium share rose 142% to finish the year at $1.69.

For 1H FY26, Liontown reported doubled revenue after a 70% lift in spodumene production.

In 3Q FY26, Liontown became cash flow positive and hit its 1.5Mtpa annualised underground run-rate ahead of schedule.

9. SRG Global Ltd (ASX: SRG)

This ASX 200 industrials share rose 136% to finish the year at $3.98.

10. Codan Ltd (ASX: CDA)

This ASX 200 tech share lifted 119.5% to finish the year at $44.14.

ASX 200 tech shares tanked in FY26, with only four finishing the year in the green.

11. Kingsgate Consolidated Ltd (ASX: KCN)

This ASX 200 gold share rose 119% to finish the year at $4.95.

12. Lynas Rare Earths Ltd (ASX: LYC)

This ASX 200 rare earths share increased 115% to close out the year at $18.06.

An 80% lift in the neodymium price, and restricted rare earths exports out of China helped Lynas shares grow in FY26.

13. Alkane Resources Ltd (ASX: ALK)

This ASX 200 gold share rose 92% to finish the year at $1.37.

The post 13 ASX 200 shares that doubled in value in FY26 appeared first on The Motley Fool Australia.

In the past 12 months, these ASX shares have shot higher: 

• Weebit Nano Ltd (ASX: WBT) has risen 448%
• SRG Global Ltd (ASX: SRG) has climbed 150%
• Dicker Data Ltd (ASX: DDR) is up 58%

After hitting fresh yearly highs, here's what brokers are expecting moving forward for these red-hot ASX shares. 

Weebit Nano outlook 

Weebit Nano develops and licenses Resistive Random-Access Memory (ReRAM), an advanced semiconductor memory technology designed to outperform traditional Flash memory in speed, energy efficiency, and reliability.

Its rise over the past year has been driven by several key tailwinds: 

• Major customer validation – Licensing deals with Tier-1 semiconductor giants signalled industry-wide acceptance of ReRAM as the next-generation memory standard
• Rapid revenue inflection – Revenue grew exponentially year on year, with guidance repeatedly upgraded, confirming the business model is converting technology into real commercial traction
• Ready to scale – Technology cleared industry manufacturing standards, and the company raised significant capital to fund the next phase of growth

While it could remain a speculative buy based on broker targets, its memory technology addresses a critical challenge in AI, IoT, automotive, and industrial applications, where increasing processing demands are exposing the limitations of conventional memory technologies.

This could give it plenty of runway for further gains despite already rising significantly in the last 12 months. 

SRG can continue to climb

SRG is an engineering-led construction, maintenance, and mining services group built to solve complex problems across the entire asset lifecycle.

Its share price has soared in the last 12 months on the back of contract wins and earnings upgrades.

In good news for prospective investors, it is still generating broker interest despite its massive gain over the last year. 

Morgans recently retained its buy recommendation on these ASX shares, along with an increased price target of $4.20. 

From Friday's closing price of $3.97, this indicates a further 6% upside. 

Bell Potter is also optimistic on the future for these ASX shares. 

It recently upgraded its price target to $4.25. 

Dicker Data looks fully valued

Dicker Data is a wholesale distributor of computer hardware, software, cloud, and related products.

It has been one of the ASX technology shares riding the data centre boom in the last year. 

After hitting fresh 52-week highs last Friday, it appears these ASX shares may now be fully valued. 

Morgan Stanley currently has an $11 price target on these ASX shares, which is well below Friday's closing price of $12.43. 

The post These are three of the hottest ASX shares right now – can they keep rising? appeared first on The Motley Fool Australia.

Meanwhile, brokers have indicated continuing confidence in several ASX 200 shares with refreshed buy calls this week.

Here are some examples.

CSL Ltd (ASX: CSL)

The CSL share price is $107.34, up 4.3% today.

The ASX 200's largest healthcare share is having a strong week despite no price-sensitive announcements.

Since last Friday's close, CSL shares have spiked 9.6% while the S&P/ASX 200 Health Care Index (ASX: XHJ) has lifted just 3.6%.

CSL shares have fallen 63% over two years, but perhaps a turnaround is afoot?

UBS reiterated its buy rating on CSL shares on Tuesday.

However, the broker lowered its target price from $175 to $158.

This still implies potential capital gains of 47% ahead.

South32 Ltd (ASX: S32)

The South32 share price is $4.35, down 2.9% today.

Over the past six months, this ASX 200 mining share has risen 27%.

Citi reaffirmed its buy rating on South32 shares on Tuesday.

The broker increased its 12-month price target from $5.40 to $6.10.

This suggests a potential 40% upside ahead.

Flight Centre Travel Group Ltd (ASX: FLT)

The Flight Centre share price is $10.97, down 3.1%.

This ASX 200 travel share has fallen 26% over six months.

But UBS is confident of a turnaround, reiterating its buy rating this week.

The broker has a $14.50 target on the ASX 200 consumer discretionary share.

This suggests a 32% upside from here.

ANZ Group Holdings Ltd (ASX: ANZ)

The ANZ share price is $34.02, down 1.6% today.

This ASX 200 bank share has fallen 5.3% over the past month.

Citi reiterated its buy rating on ANZ shares with a price target of $39.25 on Tuesday.

This implies potential capital gains of 15% ahead.

GQG Partners Inc (ASX: GQG)

The GQG Partners share price is $1.46, up 0.3% today.

Over the past six months, this ASX 200 financial share has fallen 17%.

Morgans renewed its accumulate rating on GQG Partners shares yesterday.

The broker lowered its 12-month price target from $2.03 to $1.64.

This suggests a potential 12% upside ahead.

Morgans commented:

While the near-term operating environment remains difficult, we continue to see long-term value in the GQG franchise, trading at ~9x FY1 PE with a ~10% dividend yield.

Life360 Inc (ASX: 360)

The Life360 share price is $21.21, down 1.6% today.

Over the past month, this ASX tech share has recovered 5.6%.

Life360 has lost 33% of its valuation over the past 12 months.

Citi reaffirmed its buy rating on Life360 shares on Tuesday.

The broker modified its target from $32.10 to $28.25, suggesting a potential 33% increase from here.

SRG Global Ltd (ASX: SRG)

The SRG Global share price is $3.69, down 3.5% today.

This ASX 200 industrials share has ascended 32% over six months.

Morgans renewed its buy call on SRG Global shares this week.

The broker also lifted its target price from $3.20 to $4.20.

This implies potential capital growth of 13% over the next year.

Morgans said:

SRG has upgraded FY26 EBITDA guidance to the upper end of its $164-168m range (~$168m) and, unusually early, provided FY27 EBITDA guidance of $190-200m. This underlines the group's strong earnings visibility, which is arguably unparalleled in the services sector.

We forecast SRG reaches net cash in FY26 and, on that basis, expect it to resume acquisitions. We believe SRG may be able to continue to compound +20-30% EPS growth over the next few years as robust organic growth is supplemented by strategic acquisitive growth. 

Centuria Capital Group (ASX: CNI)

The Centuria Capital share price is $2.02, up 2.5% today and down 4.3% over six months.

Centuria Capital Group is a funds manager specialising in property investment and investment bonds.

Morgan Stanley renewed its buy rating on this ASX 200 real estate share on Tuesday.

The broker lifted its 12-month price target from $2.05 to $2.35.

This suggests a potential 16% upside ahead.

The post 8 ASX 200 shares with renewed buy ratings this week appeared first on The Motley Fool Australia.

During this time, the diversified infrastructure services company's shares have risen approximately 150%.

Does this mean it is too late to buy this ASX 200 share? Bell Potter doesn't think so.

What is the broker saying about this ASX 200 share?

Bell Potter was pleased to see the company upgrade its guidance this week after announcing a series of major contract wins. It said:

Contract update: SRG announced a significant contract update, with total award value of $1.85b, up from $0.65b in the last update in November 2025. Contracts were awarded by blue-chip clients across the Water, Defence, Energy, Industrial, Resources, Marine and Data Centre sectors. See pages 2-3 for more details on the individual contract awards.

FY26 guidance upgrade: SRG upgraded FY26 EBITDA to the top-end the $164- 168m guidance (BPe old $166m). At the top-end of the range, FY26 EBITDA growth is forecast to be 32%. Implied growth for the base business (ex-TAMS; assuming prorated $35m EBITDA business case performance) is 14%.

Another positive is that management has initiated guidance for FY 2027 which was ahead of consensus estimates. It adds:

FY27 guidance initiated: SRG estimates FY27 EBITDA to be within the range of $190-200m (BPe old $188m; VA $185m), representing 16% YoY growth at the midpoint of the FY27 guidance range (vs the top-end of the FY26 EBITDA guidance range).

In light of this, Bell Potter has upgraded its earnings estimates and valuation accordingly.

Buy rating reaffirmed

According to the note, the broker has retained its buy rating on the ASX 200 share with an improved price target of $4.25 (from $3.15).

Based on its current share price of $3.75, this implies potential upside of 13.3% for investors over the next 12 months.

In addition, Bell Potter expects a 1.7% fully franked dividend yield, lifting the total potential return to 15%.

The broker concludes:

We have upgraded our Target Price to $4.25/sh (up from $3.15/sh), reflecting more optimistic medium and long-term earnings growth expectations, a lower WACC (now 8.0% previously 8.6%) and a higher TGR (now 4.0%; previously 3.5%). SRG's 27% valuation premium to the Industrial Services peer group (FY27 PE(A)) is justified. Management have a demonstrated a strong track-record of operational execution, delivered accretive acquisitions (Diona and TAMS in recent years) and guidance outperformance.

We see upside to consensus earnings forecasts from forthcoming guidance upgrades and accretive acquisitions. With FCF expanding over FY26-28, we anticipate SRG will be well capitalised to self-fund acquisitions.

The post This ASX 200 share is up 150% in 12 months, but it may not be too late to buy appeared first on The Motley Fool Australia.

Will the market be able to build on this on Thursday? Here are five things to watch:

ASX 200 expected to tumble

It looks set to be a poor session for Australian investors on Thursday after a poor night on Wall Street. According to the latest SPI futures, the ASX 200 is expected to open the day 65 points or 0.75% lower this morning. In the United States, the Dow Jones was down 1.2%, the S&P 500 fell 0.75%, and the Nasdaq dropped 0.9%.

Megaport shares on watch

Megaport Ltd (ASX: MP1) shares will be on watch today if they return from their trading halt. The network solutions company is currently undertaking a capital raising after announcing four new artificial intelligence (AI) infrastructure contracts with a combined total contract value of approximately $458.9 million. Megaport's CEO, Michael Reid, said: "AI inference is becoming a global infrastructure challenge, not simply a GPU problem. As AI adoption accelerates, organisations need seamless access to GPUs, CPUs, storage, and the connectivity that powers them. Megaport is built to deliver it all."

Oil prices rise

It could be a good day for ASX 200 energy shares Woodside Energy Group Ltd (ASX: WDS) and Santos Ltd (ASX: STO) after oil prices charged higher overnight. According to Bloomberg, the WTI crude oil price is up 2.7% to US$96.31 a barrel and the Brent crude oil price is up 2.1% to US$98.00 a barrel. An escalation in US-Iran tensions sent oil prices charging higher last night.

Buy SRG shares

The SRG Global Ltd (ASX: SRG) share price has more than doubled in value over the past 12 months. Despite this, Bell Potter believes the diversified industrial services company's shares are good value. In response to a contracts update, the broker has retained its buy rating with an improved price target of $4.25 (from $3.15). It said: "Management have demonstrated a strong track-record of operational execution, delivered accretive acquisitions (Diona and TAMS in recent years) and guidance outperformance. We see upside to consensus earnings forecasts from forthcoming guidance upgrades and accretive acquisitions. With FCF expanding over FY26-28, we anticipate SRG will be well capitalised to self-fund acquisitions."

Gold price drops

It looks likely to be a tough session for ASX 200 gold shares Newmont Corporation (ASX: NEM) and Northern Star Resources Ltd (ASX: NST) on Thursday after the gold price dropped overnight. According to CNBC, the gold futures price is down 1.15% to US$4,467.4 an ounce. Higher oil prices have fuelled inflation and rate hike fears.

The post 5 things to watch on the ASX 200 on Thursday appeared first on The Motley Fool Australia.

Stocks hitting 52-week highs after big gains on Tuesday included: 

• Alcoa Corporation (ASX: AAI)
• Electro Optic Systems Holdings Ltd (ASX: EOS)
• Develop Global Ltd (ASX: DVP)
• SRG Global Ltd (ASX: SRG). 

Many holders of these companies will likely be considering profit taking after considerable gains, while those on the outside looking in might be curious if there is further value. 

Here is what experts are saying. 

Alcoa keeps steaming ahead

Alcoa is a global industry leader in bauxite, alumina and aluminium products.

It rose almost 2% yesterday to hit new yearly highs of over $110 per share. 

It has been spurred on this year by healthy earnings results and a solid dividend.

In the last 12 months its share price is now up over 168%. 

Based on analyst forecasts, it appears there are mixed views on how much further upside is in store. 

9 analysts out of 17 still rate the stock as a strong buy, however the average 12 month forecast sits at $107.88, right around current levels. 

Electro Optic Systems still generating buzz

Electro Optic Systems is an Australian company that develops and produces advanced electro-optic technologies. The company's products are used in space information and intelligence services, optical, microwave and on-the-move satellite products, optical sensor units, and remote weapons systems for land, sea, and air.

It has benefited from global defence spending over the last couple of years, and now sits more than 500% above levels from a year ago. 

When stocks explode this much in a short period, brokers and analyst ratings can lag, as markets reassess true value. 

That seems to be the case here, as Electro Optic Systems still has plenty of tailwinds working in its favour.

At the same time, broker targets indicate it is fully valued. 

However the team at The Motley Fool has consistently covered key contract wins and exciting updates that indicate it could continue rising. 

Develop Global hits new highs 

Develop Global shares rose an impressive 3% yesterday to hit fresh 52-week highs of $6.47 per share. 

The mineral exploration and development company has now seen its share price rise 65% over the last year. 

Bell Potter recently placed a price target of $7.10 on this ASX mining stock, indicating it still has modest upside potential. 

The broker is optimistic after Develop Global won a new contract at the Finniss Lithium project with Core Lithium.

SRG Global soars 16% in single session

Yesterday, SRG Global shares rocketed 16% in a single day following an earnings guidance upgrade. 

According to an ASX release, the company has secured $1.85 billion of contracts with blue-chip clients across a diverse range of sectors.

The impressive rise now takes its 12 month gain to nearly 140%. 

It closed trading yesterday at $3.66 per share. 

Unfortunately for prospective investors, it now appears to be fully valued. 

Analysts forecasts via TradingView have an average one year price target of $3.35 on this ASX stock. 

The post These ASX stocks have hit the ground running in June – can they keep rising? appeared first on The Motley Fool Australia.

The ASX 200 spent the entire session in red territory, and ended up closing with a 0.057% loss. That drags the index down to 8,724.4 points.

This rather uninspiring Tuesday session for the local markets comes after a more positive start to the American trading week up on the US markets last night.

The Dow Jones Industrial Average Index (DJX: .DJI) had a wild ride, but managed to pull off a win, gaining 0.091%.

The tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) was a little more decisive, rising 0.42%.

But let's return to the ASX boards now and take stock of what the different ASX sectors were up to amid today's challenging trading conditions.

Winners and losers

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

Four ASX shares that are not letting that hold them back are listed below. Here's why they are rising.

DroneShield Ltd (ASX: DRO)

The DroneShield share price is up over 2% to $3.17. This morning, the counter-drone technology company revealed that it has secured a $24.9 million contract linked to the US Department of War's Joint Interagency Task Force 401. The release notes that the contract has an initial value of $19.3 million, but has another $5.6 million in options over a 5-year period. DroneShield's CEO, Angus Bean, commented: "This contract demonstrates the growing requirement for counter-drone capabilities across complex operational environments. Customers are increasingly seeking solutions that combine rapid deployment with persistent airspace security, and DroneShield is well positioned to support these requirements through its range of mobile and fixed-site systems."

Pro Medicus Ltd (ASX: PME)

The Pro Medicus share price is up a further 6% to $152.87. Investors have been buying this health imaging technology company's shares this week after it announced a new contract win. Pro Medicus signed a five-year, A$28 million contract renewal with Allegheny Health Network (AHN). The new contract includes the addition of its Visage 7 Workflow. Commenting on the deal, Pro Medicus' CEO, Dr Sam Hupert, said: "We are very pleased to have played such a key role in AHN's growth over the past 10 years. AHN has now renewed for a third contract term, reflecting the strength of our long-standing partnership and the value our platform continues to deliver across their organisation."

SRG Global Ltd (ASX: SRG)

The SRG Global share price is up 12% to $3.52. This has been driven by news that the diversified infrastructure services company has secured $1.85 billion of contracts with blue-chip clients across a diverse range of sectors. The company's CEO, David Macgeorge, said: "We are pleased to have secured these significant contracts across Australia in a broad range of sectors with blue-chip repeat clients. These contract awards are a further demonstration of our market-leading capabilities as a truly diversified infrastructure services company." In response to the strong performance, management has upgraded its earnings guidance for FY 2026 and provided consensus-beating guidance for FY 2027.

Woodside Energy Group Ltd (ASX: WDS)

The Woodside Energy share price is up 2% to $31.32. The catalyst for this has been a strong rise in oil prices overnight. Traders were bidding oil prices higher after Iran reportedly ended peace talks with the US and vowed to block the Strait of Hormuz.

The post Why DroneShield, Pro Medicus, SRG Global, and Woodside shares are charging higher today appeared first on The Motley Fool Australia.

At the time of writing, the ASX 200 share is up 17% to a record high of $3.68.

This compares favourably to the performance of the S&P/ASX 200 Index (ASX: XJO), which is down 0.5% in early trade.

Why is this ASX 200 share outperforming?

Investors have been bidding the diversified infrastructure services company's shares higher today after it announced material contract wins.

According to the release, the ASX 200 share has secured $1.85 billion of contracts with blue-chip clients across a diverse range of sectors.

One of those is an eight-year term contract with Gympie Regional Council in Queensland to deliver program management services under an alliance contract model.

It notes that the scope covers the planning, design, and delivery of key water infrastructure, including a new water treatment plant, trunk water and wastewater networks, and the renewal and upgrade of ageing regional assets. The contract has commenced and will complete in January 2034.

Another contract is a seven-year term contract with Origin Energy Ltd (ASX: ORG) to provide asset integrity and advanced inspection services across its operations in central Queensland. The contract has commenced and will complete in December 2033.

In the industrial and resources sector, the ASX 200 share has secured an eight-year term contract with Fortescue Ltd (ASX: FMG). This will see it provide multi-disciplinary maintenance services across its operations in the Pilbara region of Western Australia.

There is also a two-year term contract with the BHP Group Ltd (ASX: BHP) and Mitsubishi Alliance to provide asset integrity and reliability services across its central Queensland operations.

Lastly, another contract is for the Maddington Data Centre (Stage 1) with CTC in Perth.

Guidance upgrade

In light of this success, the ASX 200 share has upgraded its FY 2026 EBITDA guidance to the top end of its previously provided range of $164 million to $168 million.

It has also initiated its FY 2027 EBITDA guidance in the range of $190 million to $200 million, which it notes is above current consensus estimates.

Commenting on the update, the company's CEO, David Macgeorge, said:

We are pleased to have secured these significant contracts across Australia in a broad range of sectors with blue-chip repeat clients. These contract awards are a further demonstration of our market-leading capabilities as a truly diversified infrastructure services company.

I am also pleased to advise that we have upgraded our FY26 guidance to the top end of the previously provided EBITDA range of $164m to $168m, and that our FY27 EBITDA guidance will be a range of $190m to $200m, which is above current market consensus. This reflects the strength of our diversified operating model, the quality of our client base and our strong track record of delivering and exceeding market expectations. The Company is exceptionally well positioned to continue to deliver long-term sustainable growth.

The post Guess which ASX 200 share is jumping 17% on earnings guidance upgrade appeared first on The Motley Fool Australia.

Outside of reflecting a company's strong performance, it also opens up a new universe of institutional investors and ETFs to the company.

Index inclusion can also shine a light on compelling businesses that the broader market has been sleeping on. 

Here are three newly added ASX 200 members worth adding to your watchlist.

SRG Global (ASX: SRG)

SRG is a Perth-based infrastructure services company employing more than 5,000 people across more than 20 industries, with revenues approaching $1.6 billion. 

What sets it apart from your typical contractor is how recurring its revenue is, with more than 80% of the business tied to annuity-like streams.

The most recent half-year results told a good story: EBITDA climbed 20% year on year, and the work-in-hand book hit a record $4.2 billion, up 24% from the prior year.

For investors looking for infrastructure exposure without the volatility of miners and explorers, SRG is worth a closer look.

Vulcan Energy Resources (ASX: VUL)

Vulcan is building what it describes as the world's first carbon-neutral lithium operation, drawing lithium from geothermal brines beneath Germany's Upper Rhine Valley. 

The flagship Lionheart Project is targeting 24,000 tonnes of lithium hydroxide per year, enough to supply batteries for around 500,000 electric vehicles annually. 

As European carmakers face mounting pressure to clean up their supply chains, a domestically sourced green lithium product could stand to benefit.

Vulcan Energy has secured a €2.2 billion financing package, and construction of the project is now underway in Frankfurt. 

The company is still pre-revenue, so risks remain high, and performance depends on the scale of the lithium deposits and on management execution.

But if Vulcan can execute, investors could gain a lot. 

Predictive Discovery Limited (ASX: PDI)

Predictive Discovery is a leading West African gold producer and developer, listed on the ASX.

Predictive Discovery's Bankan Gold Project in Guinea has been shaping up as one of the more significant gold discoveries in West Africa in recent years. 

The timing of Predictive Discovery's index promotion could hardly be better, given that the price of gold has risen significantly over the last few years. 

Similar to Vulcan, future performance depends largely on the scale of the deposits found and on management's ability to execute its plan.

Despite all of this, the scale of the Bankan project gives plenty of reasons to be excited. 

Foolish takeaway

Index inclusion gives investors the opportunity to analyse new stocks with exciting business models. 

SRG, Vulcan, and Predictive Discovery are no exception.

All have fascinating future growth trajectories, and I reckon they should be on investors' watchlists.

The post Just added to the ASX 200: 3 stocks that deserve a spot on your watchlist  appeared first on The Motley Fool Australia.

Four ASX shares that are falling more than most today are listed below. Here's why they are dropping:

Catapult Sports Ltd (ASX: CAT)

The Catapult Sports share price is down 11% to $3.53. Investors have been selling this sports technology company's shares after it was kicked out of the ASX 200 index at the quarterly rebalance. Also leaving the benchmark index are DigiCo Infrastructure REIT (ASX: DGT) and EBOS Group Ltd (ASX: EBO). They will be replaced by gold miner Predictive Discovery Ltd (ASX: PDI), engineering services company SRG Global Ltd (ASX: SRG), and lithium developer Vulcan Energy Resources Ltd (ASX: VUL).

Commonwealth Bank of Australia (ASX: CBA)

The CBA share price is down 4% to $165.50. This banking giant and the rest of the big four banks have been caught up in the market selloff on Monday. It is possible that investors are concerned that the spike in oil prices could cause inflation to jump. This could force the Reserve Bank of Australia to increase interest rates higher than expected, which would put pressure on mortgage holders.

Dyno Nobel Ltd (ASX: DNL)

The Dyno Nobel share price is down over 11% to $3.00. This morning, this explosives company announced a binding agreement for the sale of Phosphate Hill to a subsidiary of Mayfair Australia Corporation for just a single dollar. However, up to $100 million will be payable to Dyno Nobel subject to certain conditions and meeting certain performance hurdles. Dyno Nobel's CEO, Mauro Neves, said: "The sale of Phosphate Hill to Mayfair is an important milestone that concludes our separation from the Fertilisers business. This transaction delivers the certainty that we have been working towards and allows us to fully focus on our future as a global explosives leader."

Qantas Airways Ltd (ASX: QAN)

The Qantas Airways share price is down 5.8% to $8.40. Investors have been selling the airline operator's shares on Monday in response to surging oil prices. Given that fuel is the company's largest operating expense, a significant rise could have a major impact on its profits in the near term. So much so, if things remain the same way, it is quite likely that analysts will start downgrading their earnings estimates for Qantas.

The post Why Catapult Sports, CBA, Dyno Nobel, and Qantas shares are sinking today appeared first on The Motley Fool Australia.

As we approach the end of the first quarter, the index provider has just revealed the changes that it will be making to the ASX 200 index effective prior to the open of trading on Monday 23 March.

This has seen three ASX 200 shares dumped from the benchmark index.

Which ASX 200 shares are being dumped?

According to the release, sports technology company Catapult Sports Ltd (ASX: CAT), data centre operator DigiCo Infrastructure REIT (ASX: DGT), and pharmacy wholesaler EBOS Group Ltd (ASX: EBO) are leaving the ASX 200 index later this month.

They are being kicked out after their share prices dropped to a level that took them below the threshold required to remain in the index.

Catapult shares are down almost 40% over the past six months, giving the company a market capitalisation of $1.23 billion.

DigiCo Infrastructure REIT shares are down 50% since this time last year, dragging its market capitalisation to $1.12 billion.

Finally, New Zealand-based EBOS' shares are down almost 44% over the past 12 months. However, its exit could be more due to relative liquidity (tradability), rather than market capitalisation.

Which shares are joining the index?

S&P Dow Jones Indices has named gold miner Predictive Discovery Ltd (ASX: PDI), engineering and construction services provider SRG Global Ltd (ASX: SRG), and lithium developer Vulcan Energy Resources Ltd (ASX: VUL) as their replacements.

Predictive Discovery shares are up 185% over the past 12 months, lifting its market capitalisation to $2.41 billion.

SRG Global's shares have risen by 120%, giving it a market capitalisation of $1.7 billion.

Finally, Vulcan Energy Resources shares are only up 11% since this time last year but have a market capitalisation of $1.73 billion and a much stronger balance sheet than a year ago.

What other changes are being made?

Northern Star Resources Ltd (ASX: NST) shares are joining the exclusive ASX 20 index in place of Santos Ltd (ASX: STO).

Light & Wonder Inc (ASX: LNW) and PLS Group Ltd (ASX: PLS) are joining the ASX 50 index, with TechnologyOne Ltd (ASX: TNE) and Seek Ltd (ASX: SEK) heading out.

Lastly, gold miners Greatland Resources Ltd (ASX: GGP), Regis Resources Ltd (ASX: RRL), and Westgold Resources Ltd (ASX: WGX) are being added to the ASX 100 index. They are replacing Lendlease Group (ASX: LLC), Netwealth Group Ltd (ASX: NWL), and Pinnacle Investment Management Group Ltd (ASX: PNI).

The post 3 shares dumped from the ASX 200 index (and 3 new additions) appeared first on The Motley Fool Australia.