10 ASX Companies That Performed On Top Today - 25 May 2020
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The S&P/ASX 200Index was up 2.2 percent with one of the better performance in a single trading day in recent weeks as stocks across most sectors improved today.
Mining blue chips recovered mostly from last Friday’s slump, as Fortescue Metals Group (ASX:FMG) surged 1.9 percent while both BHP Group (ASX:BHP) and Rio Tinto (ASX:RIO) finished 1.3 percenthigher.
Banking blue chips Macquarie Group (ASX:MQG) posted the strongest gains with 3.5 percent whileNational Australia Bank (ASX:NAB) was up 2.7 percent, ANZ (ASX:ANZ) firmed 2.4 percent and Westpac (ASX:WBC) rose 2.1 percent. Meanwhile, Commonwealth Bank of Australia (ASX:CBA) moved up slightly at 0.5 percent.
Travel and Aviation sectors both closed strongly today with standout performers Flight Centre (ASX:FLT) and Webjet (ASX:WEB) both rose 15.2 percent and 15.6 percent respectively.
Other high flyers include national airlines Qantas (ASX:QAN) soaring 7.2 percent while airport operators Auckland Airport (ASX:AIA) picked up 4.2 percent and Sydney Airport (ASX:SYD) landed 3.9 percent gains.
Archer Materials Ltd (ASX:AXE) Archer stole the top spot today at almost 30 percent gaining having just ranked 2nd last Friday. AXE announced on 11 May that the company’s exclusively licensed European patent application filed under the Patent Cooperation Treaty to protect and commercialise intellectual property associated to the 12CQ quantum computing chip materials technology (“IP”), has now proceeded to the substantial examination stage in Europe.
Impedimed Ltd (ASX:IPD) On 6 May, IPD received over USD 1.1 million from the US CARES loan, which was is designed to help businesses maintain their workforce on the books during this current COVID-19 pandemic. IPD was recently covered in the Lymphedema Diagnostics Market 2020 In Depth Study on 22 May and Research on Bioimpedance Measuring Devices Market (Impact Of Covid-19) 2020-2026 on 24 May where is pit against top manufacturers globally such as General Electric, Omron and Tanita to name a few.
Novonix Ltd (ASX:NVX) On 15 May, NVX announced it has a breakthrough in making battery materials and traded at an astounding 36 percent higher. On 19 May, it was still on the rise with share price at 15.3 percent higher after the bell to continue its fine run after it has filed a patent for the new battery making process. Today, NVX trades at almost 27 percent to continue its fine run for the last 10 days.
Apollo Tourism & Leisure Ltd (ASX:ATL) As tourism and travel begins to see signs of recovery after loosening of COVID-19 lockdown measures across Australia, ATL is seeing a return of Australian RV orders begin to spike since early May. ATL was hit badly during the outbreak, as it saw its share price plunged 83 percent in the first 3 months of 2020. Today’s 18.6 percent increase marks a fine run in the last 2 months as more travel and leisure companies are coming out of the woods.
iCar Asia Limited (ASX:ICQ) iCar Asia rose 17.3 percent to round up the top 5 spot today. Despite the COVID-19 pandemic hitting many sectors hard – particularly automotive and travel-related companies – iCar performed admirably as revenue was up 18 percent year-on-year at the end of April amid strong business growth in Thailand, one of iCar’s largest market. On 14 May, it had a year-to-date revenue of AUD 4.3 million with net looses of AUD 400,000.
Honorable Mention:
Recce Pharmaceuticals Ltd (ASX:RCE) Since announcing positive results of RECCE® 327 against Neisseria gonorrhoeae in STD Animal Model, Recce has been climbing steadily since the end of March with a strong today to close at 14 percent higher. If you are keen to view the latest presentation dated 21 May 2020, visit: https://bit.ly/2yu5myL
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10 ASX Companies That Performed On Top Today - 18 Jun 2020
The S&P/ASX 200 Index fell 0.9 percent after unfavourable numbers in unemployment rates and job losses across Australia in May as announced today.
Mining and minerals blue chips tumbled a second day as Fortescue Metals Group (ASX:FMG) fell a further 4.2 percent,Rio Tinto (ASX:RIO) retreated 1.3 percent andBHP Group (ASX:BHP) suffered a 0.9 percent drop.
Goldstocksfell accordingly with the declining gold priceasNorthern Star Resources (ASX:NST) dipped 2.0 percent, Newcrest Mining (ASX:NCM) retreated 1.8 percentandEvolution Mining (ASX:EVN) declined 0.8per cent.
The Banking blue chips did not fare any better as National Australia Bank (ASX:NAB) wiped off0.9 percent and Commonwealth Bank (ASX:CBA) slid0.8 percent.
Splitit Payments Ltd (ASX:SPT)
SPT share price skyrocketed 108 percent after signing a multi-year deal with Mastercard to aid the acceleration and adoption of its payment-instalment scheme globally, given the massive presence of Mastercard amongst retailers around the world.
Berkeley Energia Ltd (ASX:BKY) High impact, clean energy company BKY got into the top 3 for the second time this week after its share price soared 40.3 percent. BKY is currently advancing permitting efforts for its uranium mine development project in western Spain near Madrid as it shifts its focus more on the Spanish capital.
Turners Automotive Group Ltd (ASX:TRA)
Integrated financial services group TRA surged 28.3 percent today after releasing its yearly FY20 results for the year ending 31 March 2020. The group also own Oxford Finance, Autosure, and EC Credit Control. TRA devliered 11 percent increase in underlying NPBT from NZD 26 million to NZD 28.8 million despite a 1 percent decline in revenues.
Firstwave Cloud Technology Ltd (ASX:FCT)
Cloud-based cyber-security solutions provider FCT rose 23.5 percent today. In a recent announcement on 12 June, FCT successfully completed an equity raise of AUD 14.9 million with AUD 9 million from the retail component. This raise is in line with FCT’s strategy of establishing as the leading cybersecurity partner.
Wameja Ltd (ASX:WJA)
Financial services stock WJA saw its shares advanced 21.1 percent to round up the top 5. Wameja & Mastercard are joint venture partners of the HomeSend global payment hub. HomeSend was originally develop as a strategic partnership in 2008 before being launched as a Joint Venture with Mastercard in 2014.
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10 ASX Companies That Performed On Top Today - 17 June 2020
The S&P/ASX 200 Index managed to just edge out a gain by 0.8 percent despite a decline amongst blue chip miners.
Amongst real estate stocks, Abacus Property Group (ASX:ABP) advanced 4.8 percent, Vicinity Centres (ASX:VCX) gained 4.5 percent and Growthpoint Properties (ASX:GOZ) finished 4.1 percent higher.
Amongst notable winners today, Beacon Lighting (ASX:BLX) soared 22.6 percent, Codan (ASX:CDA) surged 13.7 percent, Macquarie Telecom Group (ASX:MAQ) gained 13.4 percent,Adairs (ASX:ADH) rose 10.4 per cent and Pacific Smiles (ASX:PSQ) ascended 9.3 percent. Carsales.com (ASX:CAR) firmed 6.2 percent.
Mining blue chips Fortescue Metals Group (ASX:FMG) retreated 1.8 percent while BHP (ASX:BHP) and Rio Tinto (ASX:RIO) both fell 0.7 percent.
Galilee Energy Ltd (ASX:GLL) O&G explorer GLL topped the chart with a massive 31.1 percent jump in share price, after releasing an update for its Queensland’ Glenaras Gas Project. GLL claims recent drilling has provided a breakthrough in its understanding of the project and the coal system in the area.
Beacon Lighting Group Ltd (ASX:BLX) Specialty lighting retailer BLX soared 22.6 percent after posting strong Q1 sales amidst the COVID-19 pandemic. BLX total sales in the first 6 months increased 15.5 percent year-on-year, and company stores’ comparative sales increased 16.9 per cent. Online sales grew 77.7 per cent. BLX expects its FY20 underlying net profit after tax (NPAT) to exceed $16.5 million.
Flinders Mines Ltd (ASX:FMS)
FMS saw its share price up 19.1 percent. On 10 June, FMS released the ASX announcement titled, “Foreign Investment Review Board approval received”. This is in relation to next step in finalising its farm-in incorporated joint venture with BBI Group Pty Ltd (BBIG) in relation to the Company’s flagship Pilbara Iron Ore Project with approval from the Foreign Investment Review Board (FIRB).
Harvest Technology Group Ltd (ASX:HTG)
Technology solutions provider HTG shared rose 18.2 percent today. HTG recently received AUD 10 million in private placement funding to help promote its growth of which the funds would be used to accelerate and support product development initiatives and strengthen alliance to improve market penetration.
Predictive Discovery Ltd (ASX:PDI) Gold explorer PDI advanced 14.7 percent today after recent announcements that it had successfully completed an entitlement offer, raising close to AUD 3 million beating its initial AUD 2.12 million target. PDI is aiming to generate a maiden resource estimate for the Kaninko project by mid-2021
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10 ASX Companies That Performed On Top Today - 16 June 2020
The S&P/ASX200 Index surged 3.9 percent to mark its best performance since early April and ends a three-day losing streak.
The Banking blue chips recovered healthily across the board as ANZ (ASX:ANZ) soared4.5 percent, Commonwealth Bank (ASX:CBA) advanced 4.2 percent,Westpac (ASX:WBC) and National Australia Bank (ASX:NAB) both improved 4.1 percent.
Other blue chips also rallied, as ‘buy now, pay later’ fintech Afterpay (ASX:APT)surged 10.5 percent, conglomerate giant Wesfarmers (ASX:WES) recovered 3.6 percent, BHP Group (ASX:BHP) and telecom giant Telstra (ASX:TLS) both improved2.9 percent while biopharmaceutical heavyweight CSL (ASX:CSL) gained 1.9 percent.
Wisr Ltd (ASX:WZR) Neo-lender WZR shares skyrocketed 35.5 percent after reporting today that its loan originations have recovered to pre-COVID-19 levels. WZR performed admirably during the pandemic as it provides much needed payment deferrals and financial assistance amidst the slowdown in the global economy.
Openpay Group Ltd (ASX:OPY)
Buy-now, pay later provider OPY surged 28.5 percent as it extends its incredible run to and saw its share price jump over 850% since the lowest traded price at the end of March. Recently OPY 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.
Berkeley Energia Ltd (ASX:BKY) High impact, clean energy company BKY saw its shares soar 25.9 percent as it continues its rise since the lockdowns and COVID-19 pandemic that swept across the globe. As quoted from its website, “The world class uranium project is being developed in an historic mining area in western Spain, about three hours west of Madrid. Following recent ministerial approval, the Company has now received all the European Union and National level approvals required for the initial development. The project will generate measurable social and environmental benefits in the form jobs and skills training in a depressed rural community. It will also make a significant contribution to the security of supply of Europe’s zero carbon energy needs, where Euratom recently rated “lack of investment in new mines” as the number one risk facing European utilities.”
Pointsbet Holdings Ltd (ASX:PBH)
Racing and sports online betting giant PBH climbed 16.7 percent in share price. This is in line with the resumption of the AFL on 11 June after a 3- month hiatus due to the COVID-19 outbreak.
Prospa Group Ltd (ASX:PGL)
Online lender PGL saw its shares jumped 16.5 percent today. PGL was recently given access to the Australian government’s SME Guarantee Scheme to support small businesses impacted by the COVID-19 pandemic. This scheme will see up to AUD 40 billion in lending across the SMEs inclusive of sole traders and NPOs. PGL believes it is uniquely placed to implement the Government’s initiative. Since the launch of the platform, PGL has originated over $1.4 billion in loans across Australia and New Zealand.
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