10 ASX Companies That Performed On Top Today - 1 June 2020
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The S&P/ASX200 Index went up 1.1 percent today to recover from the 1.6 percent decline last Friday.
The Mining sector performed well today again as Fortescue Metals Group (ASX:FMG) soared 6.4 percent. Rio Tinto (ASX:RIO) and BHP Group (ASX:BHP) recorded gains of 4.1 percent and 3.1 percent respectively.
The Banking blue chips performed marginally well with ANZ (ASX:ANZ) firming 0.9 percent, National Australia Bank (ASX:NAB) up 0.8 percent and Commonwealth Bank (ASX:CBA) just closing 0.2 percent higher for the day.
Other blue chips performed mixed, with notable names such as Wesfarmers (ASX:WES) advancing 0.7 percent while Woolworths (ASX:WOW) and Telstra (ASX:TLS) declined 0.2 percent and 0.6 percent respectively.
Elsewhere, construction-related stocks performed well as ADBRI (ASX:ABC) surged 8.8 percent, Boral (ASX:BLD) rose 6.7 percent and Fletcher Building (ASX:FBU) gaining 5.3 percent.
Onevue Holdings Ltd (ASX:OVH) OVH today topped the chart with a massive 56.3 percent gains after announcement of IRESS acquiring OneVue today. IRESS CEO, Andrew Walsh explained the move: “With structural shifts and changing market dynamics, our strategy is to continue to generate long-term growth opportunities, leveraging technology and automation, while helping clients achieve efficiency, compliance and growth.”
Openpay Group Ltd (ASX:OPY) 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.
Zoono Group Ltd (ASX:ZNO) Antimicrobial company, Zoono, surged 21.6 percent today to end in the top 3. ZNO has seen its share price rose tremendously during this COVID-19 pandemic as demand for hand sanitisers and anti-bacterial products continue to grow in demand. On 5 May releasing to the market that B2B sales were in excess of NZ$11.0 million (unaudited) for the month of April 2020. Zoono also has signed distribution agreements in Europe and has West Yorkshire Police sign a non-binding agreement to take supply of 140,000 50 ml hand sanitizer units and refills. Sales are geographically diverse from India to Hong Kong.
Challenger Exploration Ltd (ASX:CEL) Junior Gold explorer, CEL, was up 19.6 percent having recently announced on 26 May that its Colorado V Project in Ecuador confirmed the presence of a large-scale gold system after initial results from assaying historical holes. Kris Knauer, Managing Director, mentioned these results indicate the potential presence of a large-scale gold system and that assaying of holes along strike from ZK-02 will now be prioritised.
Blackham Resources Ltd (ASX:BLK) BLK traded 18.8 percent higher today after recently releasing an ASX announcement titled “Outstanding drill results confirm Wiluna sulphide strategy”. These results from recent drilling at the Essex and Bulletin lodes include 14.45m at 17.16 grams per tonne gold from 18.95m; 12.4m at 7.93g/t gold; 12m at 7.01g/t gold; and 6m at 53.73g/t gold, including 1m at 283g/t gold.
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10 ASX Companies That Performed On Top Today - 22 June 2020
The S&P/ASX200 Indexadvanced 1.9 percent despite stocks related to travel, tourism and leisure mostly traded below their last trading day.
Amongst the notable losers, Webjet (ASX:WEB) retreated 5 percent, Qantas (ASX:QAN) suffered 4.2 percent, Transurban (ASX:TCL) dropped 4.1 percent and Fight Centre (ASX:FLT) declined4 percent.
The Banking and Mining blue chips traded higher across the board as ANZ (ASX:ANZ)climbed 1.2 percent,Commonwealth Bank (ASX:CBA)finished 1.1 percent higher and resources giant BHP Group (ASX:BHP) improved by 1 percentage point.
Novatti Group Ltd (ASX:NOV) Digital banking and payments firm NOV soared 30 percent today having recently announced its partnership with Alipay to come up with ChinaPayments – a payment platform targeted at Chinese customers to pay Australian bills.
BBX Minerals Ltd (ASX:BBX) Junior gold miner surged 25.9 percent today having announced last week of its arrangement to AUD 8 million standby equity funding facility with US-based investment group LDA Capital that can be used to advance the a metallurgical test plant planned in Brazil.
Rox Resources Ltd (ASX:RXL) RXL shares advanced 24 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)
Cassini Resources Ltd (ASX:CZI) Base metals explorer CZI gained 24 percent after news that OZ minerals were raising its stake in Australia’s largest undeveloped nickel-copper deposit, West Musgrave, to complete control from 70%. OZ Minerals acquired its majority stake in the West Musgrave project in Western Australia from Cassini in 2016, developing the project as a joint venture ever since. (Source: Reuters)
Artemis Resources Ltd (ASX:ARV) Junior gold and copper explorer traded 22.5 percent higher to round up the top 5. Recently, ARV has begun a 13 hole reverse circulation (RC) drilling program at the Munni Munni Platinum Group Element Project in WA. (Source: The Market Herald)
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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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