TGIF Top 10 ASX Companies

The S&P/ASX200 recovered 0.5 percent on Friday to close 2.8 percent higher for the week, on the backdrop of back-to-back losses.

Macquarie Group (ASX:MQG) advanced 5.7 percent to lead the largest contributor of the Index after the bell rang.

Afterpay (ASX:APT) saw them on the top gainers chart with approxmately 37 percent gained after Tencent announcement at 5 percent stake in them earlier in the week. Other notable frontrunners include EML Payments (ASX:EML) and Polynovo (ASX:PNV), both making nearly 29 percent and 28 percent strides respectively. Goodman Group (ASX:GMG) was the best Blue Chip stock this week with nearly 13 percent advanced.

Other blue chips that performed positively today includes Commonwealth Bank (ASX:CBA) taking 0.6 percent, BHP Group (ASX:BHP) firming 1.3 percent and Wesfarmers (ASX:WES) closing 2.9 percent higher.

Myer Holdings (ASX:MYR)
Myer Holdings Ltd. rose 45 percent, the biggest move since the company’s IPO on 2009-11-02, almost 90 times the country’s benchmark index. Trading volume was five times the average for this time of day. Myers saw a strong surge in online orders, online fulfilment is currently happening at 26 locations around the distribution centre network. Currently the temporary closure of all the physical stores is expected to last till 11th of May 2020. 

Wisr (ASX:WZR)
The shares increased 24% to 18 Australian cents from 15 Australian cents in the previous session. Trading volume was 45 percent above the 20-day average. The Company’s Fintech business model is well placed to continue lending, operations and growth of its financial wellness products through COVID-19 disruption and post recovery.

Brockman Mining (ASX:BCK)
Brockman Mining Ltd. rose 20 percent, the most in more than 11 months, almost 40 times the country’s benchmark index. Trading volume was triple the average for this time of day. The company only traded A$ 1558.08 worth of stock and currently has a market cap of AUD 227m.

Atomos (ASX:AMS)
The shares increased to 64 Australian cents from 54 Australian cents in the previous session. Insiders hold a 10 percent stake. In the past six months, they increased their holdings by 1.4 percent. Officers and directors disclosed 260,000 shares of open market purchases at an average price of 94 Australian cents a share and no sales.

Flexigroup (ASX:FXL)
The shares increased to A$1.08 from 93 Australian cents in the previous session. Insiders hold a 28 percent stake. In the past six months, they increased their holdings by 0.2 percent. Officers and directors disclosed 207,000 shares of open market purchases at an average price of A$1.71 a share and no sales. 

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