Highlights

• Three ASX-listed companies recorded double-digit share price gains during the session.
• Recent announcements covered FDA regulatory progress, employee equity issuance and FY26 financial performance.
• Two companies are also set to join the S&P/ASX 300 Index from 21 September 2026.

ASX Shares in Focus

Several ASX-listed companies recorded significant gains, with Echo IQ Limited (ASX: EIQ), SKS Technologies Group Limited (ASX: SKS) and The Star Entertainment Group Limited (ASX: SGR) among the stocks in focus. Echo IQ shares last traded at AU$0.775, gaining AU$0.185, or 31.36%. SKS Technologies was trading at AU$9.190, up AU$1.199, or 15.02%, while The Star Entertainment Group rose AU$0.019, or 14.81%, to AU$0.155.

Echo IQ Advances FDA Clearance Process

In an announcement dated 17 September 2026, Echo IQ provided an update on its EchoSolv HF 510(k) application with the US Food and Drug Administration (FDA). The company said it had begun working with regulatory consultants and legal counsel to address matters raised in the FDA's Not Substantially Equivalent determination. Echo IQ’s review found that the matters raised concerned statistical analysis used to support clinical validation, rather than the company’s underlying technology or core functionality. The company is assessing several pathways, including an administrative appeal, an FDA Ombudsman review and a new 510(k) submission.

SKS Technologies Issues Employee Shares

SKS Technologies released an Appendix 2A on 16 September 2026, seeking quotation of 74,462 fully paid ordinary shares issued under its Employee Equity Incentive Scheme. The securities were issued in lieu of cash amounts relating to FY26 performance bonuses at AU$7.8215 per share, based on the five-day VWAP to 4 September 2026. A 24-month holding lock applies under the company's employee equity plan.

The Star Reports FY26 Results

The Star reported normalised FY26 revenue of AU$1.101 billion in its results released on 31 August 2026, while its normalised EBITDA loss narrowed to AU$16.1 million, compared with AU$76.2 million in FY25. Statutory NPAT was a loss of AU$307.3 million. The company ended FY26 with AU$267 million in cash and cash equivalents as of 30 June 2026.

Index Changes Add Another Focus

The S&P Dow Jones Indices announcement dated 4 September 2026 detailed the changes resulting from the September quarterly review of the S&P/ASX indices. Echo IQ Limited and SKS Technologies Group Limited were among the companies added to the S&P/ASX 300 Index, with the changes set to take effect before the market opens on 21 September 2026. The index inclusion comes as both companies experience notable market activity. Echo IQ shares have gained 31.36% to AU$0.775, while SKS Technologies shares have risen 15.02% to AU$9.190. The upcoming index changes will therefore form another development for investors tracking the companies and their market positioning. The quarterly rebalance also includes several other additions and removals across the S&P/ASX 300, reflecting changes arising from the September review. The updated index constituents are scheduled to become effective from the start of trading on 21 September 2026.

Note- All data presented is based on information available at the time of writing.

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