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ASX:IEL

5 stories mentioning ASX:IEL

Every FINWIRES story that references ASX:IEL, newest first.

Asia

Elevra Lithium, Electro Optic Systems and Others Join S&P/ASX 200 Index

Elevra Lithium (ASX:ELV), Electro Optic Systems (ASX:EOS), FireFly Metals (ASX:FFM), Kingsgate Consolidated (ASX:KCN), and Minerals 260 (ASX:MI6) joined the S&P/ASX 200 Index before trading began on Monday, S&P Dow Jones Indices reported Friday.Meanwhile, Guzman Y Gomez (ASX:GYG), IDP Education (ASX:IEL), SiteMinder (ASX:SDR), Temple & Webster (ASX:TPW) and WEB Travel (ASX:WEB) were removed from the index as part of the rebalancing.

ASX:ELVASX:EOSASX:FFMASX:GYGASX:IELASX:KCNASX:MI6ASX:SDRASX:TPWASX:WEB
Asia

Canada Fiscal 2026 Year-to-Date Study Permit Holders Remain Weak, Jefferies Says

The Canada fiscal 2026 year-to-date study permit holders remain weak, declining 25% year-over-year, and its alignment with IDP Education's (ASX:IEL) Canada volume has weakened since the first fiscal half, as the broader market data captures more than just higher education, Jefferies said in a note on May 29.The fiscal 2026 year-to-date to March study applications declined 51% year-over-year, with an improvement in March. While the applications data spans all study levels, the post-secondary level remains the largest component.The investment firm has a buy rating and a AU$7.80 per share price target on IDP Education.

ASX:IEL
Asia

Market Chatter: IDP Education Downgraded Due to Weak Visa Volumes, Clampdown on International Students, Macquarie Says, AFR Reports

IDP Education (ASX:IEL) was downgraded due to weak visa volumes, a stronger Australian dollar, and a clampdown on international students in Australia, the UK, and Canada, Macquarie said, according to a Friday report by the Australian Financial Review (AFR).Macquarie downgraded its rating on IDP Education to underperform and cut the price target to AU$2.35 per share from AU$2.66 per share.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

ASX:IEL
Asia

IDP Education's IELTS Website Traffic Grew 28% in April, Jefferies Says

IDP Education's (ASX:IEL) IELTS website traffic grew 28% year-over-year in April, implying around 28% year-over-year growth in the fiscal second-half-to-date to April, according to a Thursday note by Jefferies.Similarweb traffic data for major English-language testing websites showed continued momentum in April, with combined visits to IELTS, PTE, TOEFL, Duolingo, and CAEL increasing 17% year-over-year and accelerating from a 14% year-over-year increase in March.Growth was primarily driven by IELTS, TOEFL, and Duolingo. IELTS, TOEFL, and Duolingo traffic was above baseline in the month, relative to the April 2025 baseline.The investment firm assigned a buy rating on IDP Education with a price target of AU$7.80 per share.

ASX:IEL
Wire

IDP Education to Introduce Malaysia as Study Destination

IDP Education (ASX:IEL) expanded its range of study destinations by supporting students to study in Malaysia, according to a Tuesday statement.The company cited changing student preferences as a reason for the move, with growing demand for new destinations offering strong education quality, career outcomes, and affordable study options.The initial rollout will focus on a select number of markets as part of a phased pilot.IDP Education's shares declined 1% in recent trading on Tuesday.

ASX:IEL