TCL, BXB, REH, ALX: ASX-listed Industrial stocks to look out for

3 min read | June 23, 2022 06:30 PM AEST | By Ritwika

Highlights: 

  • The ASX200 Industrial sector performed well and has closed in the green territory today.
  • However, every Industrial sector company did not follow a similar trend on the ASX today.

The S&P/ASX 200 Industrials sector has performed well on the ASX today. The S&P/ASX 200 Industrials sector (ASX:XNJ) closed trading 1.171% higher at 6201.9 on the ASX today (23 June).

This article focuses on four leading ASX-listed Industrial stocks - Transurban Group, Brambles, Reece, and Atlas Arteria and their performance on the ASX today.

 

 

Transurban Group (ASX:TCL) 

The shares of Transurban Group (ASX:TCL) closed 2.545% higher at AU$14.100 per share on the ASX today (23 June).

Transurban is an ASX-listed owner, operator, and developer of electronic toll roads and AI-powered transport systems.

On 20 June 2022, Transurban announced that it would be distributing AU$0.026 per share as a dividend to its eligible shareholders on 23 August 2022. The record date for the dividend distribution is 30 June 2022.

The share price of Transurban has fallen over 2% on the ASX over the past 12 months. On the other hand, Transurban’s year-to-date share price gained over 1.15% on the ASX today (23 June).

Also read: Why is Transurban (ASX:TCL) share price on rise today?

Brambles Limited (ASX:BXB) 

Shares of Brambles Limited (ASX:BXB) closed 1.816% higher at AU$10.650 per share on the ASX today (23 June).

With a market capitalisation of AU$14.50 billion, Brambles Limited is an ASX-listed supply chain logistics company. The company operates in more than 50 countries through CHEP and IFCO brands.

The share price of Brambles has fallen almost by 4% on the ASX over the past 12 months. On the other hand, Brambles’ year-to-date share price has fallen slightly (0.93%) on the ASX today (23 June).

Reece Limited (ASX:REH) 

The shares of Reece Limited (ASX:REH) closed 0.289% lower at AU$13.780 per share on the ASX today (23 June).

Founded in 1920, Reece Limited is ASX-listed plumbing, building, and hardware merchant. The company primarily deals with the distribution of plumbing, waterworks, and heating, ventilation, air conditioning, and refrigeration products. Reece currently holds a market capitalisation of AU$8.92 billion.

The share price of Reece has fallen over 40% on the ASX over the past 12 months. On the other hand, Reece’s year-to-date share price also fell over 50% on the ASX today (23 June).

Atlas Arteria (ASX:ALX) 

The shares of Atlas Arteria (ASX:ALX) closed 0.624% lower at AU$7.960 per share on the ASX today (23 June).

With a market capitalisation of AU$7.68 billion, Atlas Arteria is an ASX-listed owner, operator and developer of toll roads.

The share price of Atlas Arteria has gained over 26% on the ASX over the past 12 months. On the other hand, Atlas’ year-to-date share price also gained over 15% on the ASX today (23 June).

Also read: Atlas Arteria (ASX:ALX) denies IFM access to non-public information

 

 


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