ASX ends 1.6% higher as 4DMedical, Judo Capital soar
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The news: The Australian sharemarket ended higher as miners paced a broad-based rally, while 4DMedical and Judo Capital both notched double-digit gains.
The benchmark ASX 200 index rose 1.62% to 8,731.7, with nine of the 11 sectoral indices in positive territory.
Biggest movers:
- 4DMedical (+18.9%) — Secured a commercial contract for its CT:VQ imaging software with Arizona-based SimonMed Imaging.
- Judo Capital (+12.2%) — Priced a $750 million capital-relief securitisation backed by SME loans, increasing the deal size from an initially planned $500 million amid strong investor demand.
Other news:
- Dexus (-5.4%) — Will review a judgment handed down by the NSW Supreme Court, requiring a “compulsory process” for the sale of the group’s 27% stake in Australia Pacific Airports Corporation.
- IAG (+1.2%) — Agreed to a confidential settlement of the long-running Greensill litigation, resolving Federal Court proceedings brought by Greensill Bank AG and its insolvency administrator over disputed trade credit insurance policies.
- Pexa Group (+0.8%) — Announced Graham Curtin as its new group CFO, effective 1 September 2026.
