In today’s briefing:
- Solactive Global Lithium Index Rebalance: Two Adds and Capping Changes
- Bell Financial Group Ltd – ECM and brokerage conditions remain strong
- Kinatico Ltd – Q1 SaaS revenue up 58% to $4.8m, now 53% of total

Solactive Global Lithium Index Rebalance: Two Adds and Capping Changes
- Solactive has announced the review results for the Global Lithium Index. There are two additions for the index and there will also be capping changes for some stocks.
- Estimated one-way turnover is 26.3% and will result in a round-trip trade of US$813m. There are some stocks with over 0.5x ADV to trade.
- The index has broken out of the secular downtrend, but investors continue to redeem units from the ETFs tracking the index.
Bell Financial Group Ltd – ECM and brokerage conditions remain strong
- Bell Financial Group Ltd (ASX:BFG) is a diversified provider of financial products and software solutions within, and increasingly outside, its traditional full-service stockbroking business.
- The latest ASX ECM data suggests raisings in the September quarter were 8% above the previous corresponding period (pcp) and 45% above the June 2025 quarter.
- In terms of market share, the latest Dealogic data suggests Bell Potter has held share relative to the pcp, while raising US$0.75b (A$1.2b) against US$0.63b (A$1.0b) year to date October 2025 (+20%).
Kinatico Ltd – Q1 SaaS revenue up 58% to $4.8m, now 53% of total
- Kinatico Ltd (ASX:KYP) is a ‘Know Your People” regtech company providing workforce compliance monitoring and management technology and services.
- KYP announced at its 24 October AGM that its Q1 FY26 revenue had increased 14% on the previous corresponding period (pcp) to a record $9.1m, with Subscription-as-a-Service (SaaS) revenue for the quarter increasing 58% on the previous corresponding period (pcp) to $4.8m or 53% of total revenue.
- EBITDA for the quarter increased 21% to $1.4m.
