Tuesday’s Top 10 ASX Companies

The S&P/ASX 200 Index surged 2.9 percent today to end the best trading day in seven weeks.

Banks led the climb with Westpac (ASX:WBC) soaring 6.3 percent, ANZ (ASX:ANZ) gaining 6 percent, National Australia Bank (ASX:NAB) firming 5.7 percent and Commonwealth Bank (ASX:CBA) ending the trading day at 3.9 percent higher.

Elsewhere, Southern Cross Media Group (ASX:SXL) climbed 15.6 percent, Unibail-Rodamco-Westfield (ASX:URW) and SmartGroup (ASX:SIQ) both gained 12.7 percent and biopharmaceutical giant CSL (ASX:CSL) finished 3.1 percent higher. Afterpay (ASX:APT) continues its bull run to close 1.3 percent higher after the bell.

Recce Pharmaceuticals (ASX:RCE) is in the Top 10 today after just finishing 11^th yesterday to close a further 17 percent higher (14 percent on Monday). Since announcing positive results of RECCE® 327 against Neisseria gonorrhoeae in STD Animal Model, Recce has been climbing steadily since the end of March 2020. If you are keen to view the latest presentation dated 21 May 2020, visit: https://bit.ly/2yu5myL

Helloworld Travel Ltd (ASX:HLO)
HLO has seen its shares recovered 33% in the last month as travel and aviation is on a seemingly positive road to recovery. Just yesterday, Apollo Tourism & Leisure Ltd (ASX:ATL), Webjet (ASX:WEB) and Flight Centre Travel Group (ASX:FLT) were all in on the top 10 charts, further reinforcing the outlook on the travel and leisure industry in the follow weeks and perhaps, months to come.

Prospa Group Ltd (ASX:PGL)
Online lender 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.

Quickfee Ltd (ASX:QFE)
Cash flow finance and payments company QFE was up 21.43% having recently done a capital raise in early May while being just listed on the ASX less than 10 months ago. The company offers cash flow financing to accounting and professional service firms and has since financed more than AUD 250 million in loans within the last 10 years.

Consolidated Operations Group (ASX:COG)
Australia’s largest equipment finance broking company COG is up 21.21% today. They are a full service provider of core financial, information technology, human resources, and organizational strategy / management consulting services to mid-sized Architecture, Engineering, Legal, and project-based management firms.

Senex Energy Ltd (ASX:SXY)
Oil and gas firm SXY’s shares soared 20% after announcing it will begin to supply Roma North natural gas to the domestic market together with Gladstone Liquefied Natural Gas (GLNG). SXY has increased its production guidance to between two and 2.1 million barrels of oil equivalent. The company has also increased its earnings before interest, taxes, depreciation and amortisation guidance to between $45 million and $55 million, from the previously earmarked $40 million to $50 million.

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