The S&P/ASX 200 Index continued its winning streak to end the day 0.8 percent higher, marking the longest upwards trend since early February.

The Banking blue chips built on Wednesday’s momentum as Commonwealth Bank (ASX:CBA) climbed 2.3 percent, ANZ (ASX:ANZ) gained 1.5 percent, Westpac (ASX:WBC) rose 1.3 percent and National Australia Bank (ASX:NAB) added 1.2 percent to round up the big four.

Qantas (ASX:QAN) soared 7.2 percent after going public about its plans to resume 40 percent of its domestic flight services by end of next month. Its budget carrier business, Jetstar, is also said to resume more domestic routes by the end of June, up from current operational capacity of 5 percent.

Elsewhere, biopharmaceutical giant CSL (ASX:CSL) added 3.8 percent while Woolworths (ASX:WOW) finished the trading session at 1.4 percent higher.

FBR Ltd (ASX:FBR)
Perth-based robotics technology company, FBR, top our charts with 113.8 percent gained in a single trading day – the highest record seen by StockPal since we started the daily ASX Top 10 charts. This milestone was achieve after FBR announced on Wednesday that it managed to increase its bricklaying robot by over 3 times faster than the current specs, which translates to 200 blocks per hour, pushing these home-building robots to commercial levels up from the current “professional standard”.

Mitchell Services Ltd (ASX:MSV)
One of Australia’s largest drilling provider, MSV, saw its share price soar 29 percent today. MSV focuses on three key drilling divisions: exploration, mine services and underground. Founded in 1969, MSV have built a reputation for delivering safe, efficient and proactive drilling services in over 12 countries.

Amaysim Australia Ltd (ASX:AYS)AYS finished in the top 10 two days in a row with a 26.2 percent increase. This comes after announcement yesterday to acquire fellow Optus-based MVNOs, OVO Mobile, for a reported AUD 15.8 million. This acquisition would increase the subscriber base to 1.17 million in total. On Wednesday, it was trading 16.7 percent higher.

Splitit Payments Ltd (ASX:SPT)
Card-based instalment payment solutions provider SPT today announced record sales numbers for May as it delivered merchant sales of AUD 37.35 million on 321% on the previous corresponding period or 39% up from April. SPT rose 29.3 percent on Tuesday after its announcement of quarterly update on Monday that constitutes encouraging news. Merchant sales volume (MSV) is reported to had improved by over 18 percent to USD 23.7 million as compared to previous corresponding period. Revenue was up a massive 104 percent to USD 657,000 on pcp. Merchants numbers were up 108% to 862.

HT&E Ltd (ASX:HT1)
Media company HT1 climbed 16.4 percent today. On May 22, Media and radio broadcast company HT1 rose 15.32% having recently declaring that radio listenership was up during this COVID-19 periods. On 9 April, HT1 forked out AUD 15 million to buy a 4.2 percent stake in oOh!media while letting go its own outdoor advertising business, Adshel, in 2018 for AUD 570 million in cash. Today, oOh!media is worth approximately AUD 600 million in market value.

Leave your comments below and subscribe to our mailing list if you wished to be informed of future news and updates.

Want to be on the list next time this company raises capital? Open an account with Fresh Equities and start exploring capital raises – freshequities.com

The S&P/ASX 200 Index finished 1.8 percent higher to close at a near three-month high.

The Banking blue chips led the climbe as ANZ (ASX:ANZ) soared 5 percent, National Australia Bank (ASX:NAB) firmed 4.6 percent, Westpac (ASX:WBC) rose 4.4 percent and Commonwealth Bank (ASX:CBA) closed the day 3.3 percent up.

Mining blue chips that also performed such as South32 (ASX:S32) surging 6.9 percent and BHP Group (ASX:BHP) gaining 2.6 percent to recover some lost ground from Tuesday.

High flying pay-later provider, Zip Co (ASX:Z1P), went up a further 22 percent to add on Tuesday’s gains of a staggering 40 percent after acquisition of QuadPay in US triggered a dramatic rise in its stock price.

Musgrave Minerals Ltd (ASX:MGV)
MGV surged to the top spot after its share price skyrocketed 73.3 percent after hitting 12 metres at 112.9 g/t gold near-surface in reverse circulation (RC) drilling at Starlight discovery within the flagship Cue Gold Project in Western Australia.  Since its announcement to recommence drilling at the High-Grade Starlight Link Lode in early May, couple with the strong Gold rally of late, MGV has been performing phenomenally. Its biggest project is the Cue Gold Project which hosts mineral resources totalling 6.45 million tonnes at 3 g/t gold for 613,000 ounces contained gold.

Openpay Group Ltd (ASX:OPY)
OPY extends its incredible run to finish an astonishing 51.8 percent higher. On Monday, OPY finished the day up 26.7 percent after announcing it had secured GBP 25m in funding from Global Growth Capital to support its UK business. The company had released their quarterly updated on the 30th of April 2020. In Australia, the company has launched ‘Openpay for Business’ with Woolworths as its inaugural client. Integration is underway with revenues expected from H1FY21.

Novonix Ltd (ASX:NVX)
NVX shares continues to be on the rise with a 28.7 percent climb today after Tuesday’s table-topping performance of 31.7 percent as it carries momentum from May. On 15 May, NVX announced it has a breakthrough in making battery materials and trading at an astounding 36 percent higher. On 19 May, it was up 15.3 percent after the bell to continue its fine run after it has filed a patent for the new battery making process.

Seven West Media Ltd (ASX:SWM)
SWM surged 28.6 percent today triggering a explanation by ASX. On 13 May, SWM announced the sale of its Osborne Park property in Perth for AUD 75 million in conjunction with a AUID 40 million rised from the sale of Pacific Magazines to Bauer. Net debt was last reported at $569.5 million. The current market capitalisation is $161.5 million.

Vista Group International Ltd (ASX:VGL)
VGL climbed 23.4 percent today to round up the top 5 spot on the league table. On 29 May, analysts predicted that VGL to make a comeback given the film industry had taken a pretty bad hit from this COVID-19 pandemic. As the lockdown measures eases across the country, the film and entertainment industry is beginning to see a silver lining after almost three months of inactivity.

Honorable Mention:
Wisr Ltd (ASX:WZR)
Fintech neo-lender WZR firmed 18.2 percent today as the consumer discretionary spending is firmly believed to be back on the rise after months of lockdown amidst the COVID-19 pandemic. If you have not read The CEO Mindset interview featured today with CEO, Anthony Nantes, click here: https://stockpal.asia/2020/06/the-ceo-mindset-anthony-nantes/

Leave your comments below and subscribe to our mailing list if you wished to be informed of future news and updates.

Want to be on the list next time this company raises capital? Open an account with Fresh Equities and start exploring capital raises – freshequities.com

The S&P/ASX 200 Index closed relatively flat today at 0.3 percent higher.

Zip Co (ASX:Z1P) skyrocketed 38.7 percent after news of its latest buyout of New York-based QuadPay for AUD 403 million as they look to expand into the largest retail in the world, USA, worth over USD 5 trillion or approximately 15 times of the Australian market. This puts pressure on its nearest competitor in US, Afterpay (ASX:APT), as both ASX-listed firms are looking to dominate the US market.

Scentre Group (ASX:SCG) surged 5.5 percent while Macquarie Group (ASX:MQG) and Transurban (ASX:TCL) rose 2.6 percent and 1.6 percent respectively. Elsewhere, Perenti Global (ASX:PRN) soared 13.4 percent, Domain Holdings (ASX:DHG) firmed 9.9 percent and Boral (ASX:BLD) continued its streak to close 6.3 percent higher in spite of Monday’s healthy 6.7 percent increase.

The blue chips that took most of the drop today includes Newcrest Mining (ASX:NCM) sliding 2.2 percent, Westpac (ASX:WBC) losing 0.9 percent and BHP Group (ASX:BHP) trading 0.8 percent lower.

Zip Co Ltd (ASX:Z1P)
Z1P topped our chart with an impressive 38.7 gained in a single trading day, after news of its full acquisition in QuadPay for AUD 403 million to put further pressure with fellow “buy now, pay later” competitor, Afterpay (ASX:APT). This follows fresh news on Monday of an American PE firm inject funds as they bid to penetrate the ever growing retail market in the US. The convertible notes are believe to worth in the region of AUD 100-200 million.

Novonix Ltd (ASX:NVX)
On 15 May, NVX announced it has a breakthrough in making battery materials and trading at an astounding 36 percent higher. On 19 May, it was up 15.3 percent after the bell to continue its fine run after it has filed a patent for the new battery making process. Today, it trades at an astonishing 31.7 percent to carry its momentum from May.

Splitit Payments Ltd (ASX:SPT)
Card-based instalment payment solutions provider SPT rose 29.3 percent today after its announcement of quarterly update on Monday that constitutes encouraging news. Merchant sales volume (MSV) is reported to had improved by over 18 percent to USD 23.7 million as compared to previous corresponding period. Revenue was up a massive 104 percent to USD 657,000 on pcp. Merchants numbers were up 108% to 862.

Aurelia Metals Ltd (ASX:AMI)
AMI released encouraging quarter to date production figures earlier today to put its share over 24 percent higher than Monday despite the global COVID-19 pandemic. The preliminary figures include Gold – 16.3koz; Copper – 1.25kt; Lead: – 3.3kt and Zinc – 2.3kt. These puts AMI on track for a major improvement in its quarter-on-quarter production results.

Openpay Group Ltd (ASX:OPY)
On Monday, OPY finished the day up 26.7 percent after announcing it had secured GBP 25m in funding from Global Growth Capital to support its UK business. The company had released their quarterly updated on the 30th of April 2020. In Australia, the company has launched ‘Openpay for Business’ with Woolworths as its inaugural client. Integration is underway with revenues expected from H1FY21. Today, it is up a further 21.7 percent to continue its fine run.

Leave your comments below and subscribe to our mailing list if you wished to be informed of future news and updates.

Want to be on the list next time this company raises capital? Open an account with Fresh Equities and start exploring capital raises – freshequities.com