10 ASX Companies That Performed On Top Today - 28 May 2020
Share
Tweet
The S&P/ASX 200 Index recovered 1.3 percent to continue its bullish streak despite Wednesday’s slight dip.
The big four Banking blue chips performed strongly as National Australia Bank (ASX:NAB) added 4.7 percent, ANZ (ASX:ANZ) gained 4.5 percent, Westpac (ASX:WBC) rose 4.4 percent, Commonwealth Bank (ASX:CBA) closed 2.2 percent higher for the day.
Mining blue chips were also in the green as Rio Tinto (ASX:RIO) firmed 2.3 percent and BHP (ASX:BHP) finished 2 percent higher. Other blue chip star performers include Telstra (ASX:TLS) gaining 2.2 percent and Transurban (ASX:TCL) closed 1.6 percent higher to round up the blue chip winners.
Somnomed Ltd (ASX:SOM) Medical equipment company SOM performed strongly today to take the top spot with more than 26 percent gains in share price. SOM was recently mentioned in the Global Anti-Snoring Devices And Snoring Surgery Market 2020 Rising Trend report by 3W Market News.
Wagners Holding Co Ltd (ASX:WGN) WGN was up 16.3 percent on Wednesday Cement manufacturing company WGN rounded up the top 5 with a healthy 16.3 percent increase. WGN is a diversified Australian construction materials and services provider and an innovative producer of New Generation Building Materials that reduce the impact of heavy construction materials on the environment. WGN are a producer of cement, concrete, aggregates, composite products and have developed innovative technology with its Earth Friendly Concrete product. WGN are also providers of transport services, precast concrete and reinforcing steel. In 2019, WGN just celebrated its 30 years of operations.
Nearmap Ltd (ASX:NEA) Cloud-based aerial imaging and geospatial mapping technology company, NEA soared 16.7 percent today after announcing that its annualised contract value (ACV) had reached AUD 102 million – well within its initial full year ACV guidance of between AUD 103 and 107 million. To add further, NEA reassures investors that it is well on target to be cash flow breakdown by the end of FY2020, leaving it with a healthy as balance of approximately AUD 35 million.
iSelect Ltd (ASX:ISU) Online price aggregator and comparison tool for insurance, utilities and personal finance products, ISU grew 15.2 percent. During this COVID-19 pandemic, studies have shown that over 41 percent of Australians were considering switching ISPs as most of the workforce are forced to work from home, of which 17 percent actually went on to make the switch. The website’s viewership has gone up significantly as people are reassessing their personal and household expenses as they have more time saved from commuting and flexible working hours.
Coventry Group Ltd (ASX:CYG) Industrials company Coventry Group rounded up the top 5 with a 15 percent share price appreciation. CYG delivers innovative industrial solutions to the mining, construction and manufacturing sectors. They supply a range of fastening systems, cabinet hardware systems, hydraulics, lubrications, fire suppression, refuelling systems and other products.
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
Join “The Pick” Webinar series next Tuesday at 10:30am (GMT+8) featuring RareX (ASX:REE) and 3 other Mining and O&G ASX-listed companies. Register via this link: https://us02web.zoom.us/webinar/register/WN_tEdvdYeXSt2qC76uc7mtbA
10 ASX Companies That Performed On Top Today - 25 Jun 2020
The S&P/ASX 200 Index fell 2.5 percent to halt an incredible four-day winning run after banks and travel-related stocks took the hit.
The Banking blue chips bore most of the slump as Westpac (ASX:WBC) and National Australia Bank (ASX:NAB) both tumbled3.5 percent, ANZ (ASX:ANZ) fell 3.1 percent and Commonwealth Bank (ASX:CBA) retreated 2.3 per cent.
Travel and airlines stocks were humbled after recent recoveries as COVID-19 cases began to re-emerge in cities that lifted lockdown and travel bans. National carrier Qantas (ASX:QAN) announced its capital needs to raise AUD 1.9 billion while laying off 6,000 workers and grounding 100 aircrafts highlighted the challenges that this sector faces to return to norm.
Flight Centre (ASX:FLT) tumbled 11 percent, Webjet (ASX:WEB) declined 8.6 percent and Corporate Travel (ASX:CTD) closed 8 percent lower to reflect the gloomy trading day for Travel.
Energy stocks were also caught out after Brent crude prices fell 5 percent overnight leading Oil Search to plunge 7 percent andWoodside (ASX:WPL) to fall 4.2 percent on Thursday.
Volt Resources Ltd (ASX:VRC)
Junior graphite and gold explorer VRC skyrocketed 35 percent after delivering good announcements of 10.2 million tonnes at 2.6 grams per tonne of gold for 851,000 ounces of gold at its Luiri Hill Gold Project in Zambia. (Source: The Market Herald)
Redbubble Ltd (ASX:RBL)
E-commerce platform RBL traded 25.5 percent after reporting higher revenue growth in the June quarter to-date of 96 percent (adjusted for currency fluctuations). Online sales has been on the rise ever since the COVID-19 outbreak. Core earnings for the 11 months to 31 May came in at AUD 11.9m which translated to a gain of 86 percent on a constant currency basis. (Source: Stockhead)
White Energy Co Ltd (ASX:WEC)
Queensland-focused coal company WEC soared 23.6 percent today. White Energy is the exclusive worldwide licensee of a patented technology which upgrades high moisture, low value sub-bituminous and lignite coals through a low cost process of dehydration and compaction. This technology is known as the BCB technology and was developed by a consortia lead by the Commonwealth Scientific and Industrial Research Organisation (CSIRO). (Source: White Energy Co website)
Race Oncology Ltd (ASX:RAC)
Pharmaceutical company RAC saw its shares jumped 15.1 percent having recently reported positive clinical data from the Phase II clinical trial of Bisantree conducted at Israel’s Sheba Medical Centre. (Source: The Motley Fool)
Apollo Consolidated Ltd (ASX:AOP) WA-based Junior gold explorer shares traded 11.9 percent higher to round up the top 5. On Wednesday, AOP announced that its drilling program has intersected high-grade gold mineralisation at the Lake Rebecca Gold Project in Western Australia. (Source: The Market Herald)
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
10 ASX Companies That Performed On Top Today - 24 June 2020
The S&P/ASX 200 Index managed to just edge out a gain by 0.2 percent to lead a four-day charge.
Mining and resources stocks performed strongly today as Perseus Mining soared 7.1 percent, Evolution Mining (ASX:EVN) surged 6.7 percent, Orocobre (ASX:ORE) advanced 4.9 percent, Newcrest Mining (ASX:NCM) rose 2.5 percent and resources giant BHP Group (ASX:BHP) improved 0.7 percent.
Biotech and healthcare stocks improved as well as Sonic Healthcare (ASX:SHL) climbed 4.7 percent andbiopharmaceuticals giant CSL (ASX:CSL) firmed 1.1 percent.
Banking stocks retreated marginally as ANZ (ASX:ANZ) fell 0.8 percent and National Australia Bank (ASX:NAB) declined 0.6 percent.
Other notable drops such as Viva Energy Group (ASX:VEA) retreated 3.7 percent, Lynas Corp (ASX:LYC) traded 3.5 percent lower and Transurban (ASX:TCL) closed 3.3 percent below yesterday’s closing price.
Paragon Care Ltd (ASX:PGC) Medical equipment provider PGC skyrocketed 79.2 percent today after positive business updates on the ASX. COVID-19 has impacted the business by nearly 30 percent as revenues dipped in April 2020 as compared to the year before. However, its May and June revenues has seen significant improvements following better than expected level of elective surgery cases due to favourable policy changes by the Fed Government. FY20 revenues are expected to exceed AUD 220 million given that PGC delivered AUD 236 million in 2019
Yojee Ltd (ASX:YOJ) Transport and logistics tech firm YOJ soared 47.2 percent today. In May, YOJ signed a SaaS deal with Kuehne + Nigel Logistics Solutions, Philippines utilising its software for their service logistics platform. The deal was signed by YOJ subsidiary, Yojee Solutions, for a three-year deal which expects to optimise freight movement along its entire logistics chain
Talga Resources Ltd (ASX:TLG) Advanced material technology company TLG saw its shares surged 34.9 percent after receiving better-than-expected interest from lithium-ion battery manufacturers for battery anode products from the Vittangi Anode Project in Sweden
Silex Systems Ltd (ASX:SLX) Technology development company SLX traded 34.4 percent higher today. It was recently announced that SLX has signed a sales agreement with the US Department of Energy (DOE) to allow it to process stockpiles of depleted nuclear fuels as part of its Paduach Project in Kentucky
De Grey Mining Ltd (ASX:DEG) WA-based gold explorer ended the trading day 24.6 percent higher to round up the top 5. On Monday, DEG announced positive drilling results at the Aquila Zone within the Hemi Gold Discovery in Western Australia, having intersected broad, high-grade mineralisation
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
10 ASX Companies That Performed On Top Today - 23 June 2020
The S&P/ASX200 Index firmed 0.2 percent to mark its third straight trading day gains.
Miners recovered marginally as Rio Tinto (ASX:RIO) gained 1.4 percent, Fortescue Metals Group (ASX:FMG) rose 1.3 percent and BHP Group (ASX:BHP) recovered 0.8 percent.
Other notable gainers such as real estate group Cromwell Property Group (ASX:CMW) soared 8.1 percent, diversified logistics and infrastructure giant Qube Holdings (ASX:QUB) advanced 7.8 percent, insurance firm AMP Limited (ASX:AMP) soared 7.9 percent and rare-earths miner Lynas Corporation Ltd (ASX:LYC) closed 6 percent higher for the day.
Kalamazoo Resources Limited (ASX:KZR) Gold and base metals explorer KZR surged 50.5 percent to top the chart after announcing that they have bought out Northern Star Resources’ (NST) Ashburton Gold Project for a deferred contingent cash consideration of AUD 17.5 million (Source: The Market Herald)
SmartPay Holdings Ltd (ASX:SMP) Innovative EFTPOS payment provider SMP advanced 18% today after releasing its FY20 results. It was reported that SMP had a 34% increase in revenue over the year as a result of strong growth in Australia.
Rox Resources Ltd (ASX:RXL) RXL shares advanced 17.7 percent after recent developments at their Youanmi regional gold exploration project. This latest drilling result will test the down-plunge extensions of the recently discovered gold mineralisation. (Source: MiningNews.net)
Auteco Minerals Ltd (ASX:AUT) Emerging mineral exploration company AUT saw its shares jumped 17.7 percent today. It was recently announced that AUT was on course for its first 5,000-metre diamond drilling program at Pickle Grow Gold Project in Uchi sub-province of Ontario, Canada, targeting high-grade, shallow gold targets (Source: Proactive Investors)
Western Areas Ltd (ASX:WSA) Australia’s leading Nickel producer WSA climbed 16 percent after receiving highly encouraging results from the Sahara prospect within the Western Gawler Project in South Australia as it intersects significant widths of nickel and copper. (Source: The Market Herald)
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