ASX (OTCMKTS:ASXFY) Shares Down 1.6% – Here’s Why

Shares of ASX Limited – Unsponsored ADR (OTCMKTS:ASXFY) were down 1.6% during trading on Friday . The stock traded as low as $38.25 and last traded at $38.31. Approximately 29,660 shares traded hands during trading, a decline of 29% from the average daily volume of 41,573 shares. The stock had previously closed at $38.93.

Key Stories Impacting ASX

Here are the key news stories impacting ASX this week:

• Positive Sentiment: Oil-led strength and intraday highs for the ASX boosted trading earlier in the session, which can be positive for exchange revenues if volumes hold. Read More.
• Positive Sentiment: ASX announced the March 2026 SMIDcaps Conference, supporting business development, issuer engagement and potential future listing activity. Read More.
• Neutral Sentiment: Broader market commentary — dividend increases at some blue-chips and broker notes (Morgans) — create mixed sentiment for investors but are unlikely to have a direct, immediate effect on ASXFY. Read More.
• Neutral Sentiment: Coverage of smaller-cap earnings (Kinatico, Maxiparts) is relevant to SMIDcap investor interest but has limited direct impact on ASX’s stock unless it drives sustained increases in listing/trading activity. Read More. Read More.
• Negative Sentiment: Technology sector weakness and a steep drop in Zip (a high-profile ASX-listed fintech) pressured investor sentiment and the index, reducing likelihood of strong near-term trading revenues for the exchange. Read More.
• Negative Sentiment: Despite earlier highs, the ASX closed lower as profit-taking and sector rotation set in; ASXFY’s below-average trading volume today suggests weaker fee generation and contributed to the share decline. Read More.

Wall Street Analysts Forecast Growth

ASXFY has been the topic of a number of research analyst reports. UBS Group upgraded ASX from a “strong sell” rating to a “hold” rating in a research report on Wednesday, January 7th. The Goldman Sachs Group set a $57.00 price objective on shares of ASX and gave the company a “neutral” rating in a report on Thursday, January 8th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $57.00.

ASX Stock Down 1.6%

The stock has a 50 day moving average price of $36.54 and a two-hundred day moving average price of $38.22.

ASX Company Profile

The Australian Securities Exchange (OTCMKTS:ASXFY) is Australia’s primary securities exchange operator, providing a comprehensive range of capital-markets services. Its core activities include the listing and trading of equities, exchange-traded funds, fixed income products, derivatives and commodities. ASX also operates clearing and settlement facilities through its Clearing House Electronic Subregister System (CHESS), ensuring the integrity and efficiency of post-trade processes for both domestic and international participants.

Established in 1987 through the merger of six state-based exchanges and demutualized in 1998, ASX has continually invested in market infrastructure and technology.