An x-ray tech firm has topped the SA stocks table after penning an agreement with a major US healthcare provider.
Micro-X hit the top spot on the Winners list this week after announcing it had signed a new supply agreement with an unnamed US healthcare services provider.
The agreement, for Micro-X’s Rover Plus mobile radiology system, gives Micro-X access to the US market “without the need for further evaluation or internal tender processes”.
“We are extremely pleased to have secured this initial supply agreement with one of the largest and most respected healthcare groups in the United States,” CEO Kingsley Hall said.
“Most significant is that this is Micro-X’s first supply agreement with a major US healthcare provider and opens the doors for member hospitals to buy the Rover without the need to run an evaluation or tender for new equipment.”
Micro-X rose 23.08 per cent to $0.08 per share, and is up 63.27 per cent over the past month.
On the other end of the ladder, Beach Energy was one of the biggest Losers for the week, having unveiled $474 million in write-downs tied to its SA and WA operations.
The company closed down 16.48 per cent for the week, amid five disappointing trading days overall for the broader ASX.
Despite stronger than expected retail sales data for June, global concerns – particularly US trade tariff news – meant all gains made on the ASX200 for the week were erased by Friday afternoon.
The full list of Winners and Losers for the week ended August 4:
Data via Baker Young Limited.