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Thursday’s Top 10 Companies On The ASX



10 ASX Companies That Performed On Top Today - 4 Jun 2020

The S&P/ASX 200 Index continued its winning streak to end the day 0.8 percent higher, marking the longest upwards trend since early February.

The Banking blue chips built on Wednesday’s momentum as Commonwealth Bank (ASX:CBA) climbed 2.3 percent, ANZ (ASX:ANZ) gained 1.5 percent, Westpac (ASX:WBC) rose 1.3 percent and National Australia Bank (ASX:NAB) added 1.2 percent to round up the big four.

Qantas (ASX:QAN) soared 7.2 percent after going public about its plans to resume 40 percent of its domestic flight services by end of next month. Its budget carrier business, Jetstar, is also said to resume more domestic routes by the end of June, up from current operational capacity of 5 percent.

Elsewhere, biopharmaceutical giant CSL (ASX:CSL) added 3.8 percent while Woolworths (ASX:WOW) finished the trading session at 1.4 percent higher.

Top 10 Performing ASX Companies Today With Market Cap Above AUD 50M

Perth-based robotics technology company, FBR, top our charts with 113.8 percent gained in a single trading day – the highest record seen by StockPal since we started the daily ASX Top 10 charts. This milestone was achieve after FBR announced on Wednesday that it managed to increase its bricklaying robot by over 3 times faster than the current specs, which translates to 200 blocks per hour, pushing these home-building robots to commercial levels up from the current “professional standard”.

Mitchell Services Ltd (ASX:MSV)
One of Australia’s largest drilling provider, MSV, saw its share price soar 29 percent today. MSV focuses on three key drilling divisions: exploration, mine services and underground. Founded in 1969, MSV have built a reputation for delivering safe, efficient and proactive drilling services in over 12 countries.

Amaysim Australia Ltd (ASX:AYS)AYS finished in the top 10 two days in a row with a 26.2 percent increase. This comes after announcement yesterday to acquire fellow Optus-based MVNOs, OVO Mobile, for a reported AUD 15.8 million. This acquisition would increase the subscriber base to 1.17 million in total. On Wednesday, it was trading 16.7 percent higher.

Splitit Payments Ltd (ASX:SPT)
Card-based instalment payment solutions provider SPT today announced record sales numbers for May as it delivered merchant sales of AUD 37.35 million on 321% on the previous corresponding period or 39% up from April. SPT rose 29.3 percent on Tuesday after its announcement of quarterly update on Monday that constitutes encouraging news. Merchant sales volume (MSV) is reported to had improved by over 18 percent to USD 23.7 million as compared to previous corresponding period. Revenue was up a massive 104 percent to USD 657,000 on pcp. Merchants numbers were up 108% to 862.

HT&E Ltd (ASX:HT1)
Media company HT1 climbed 16.4 percent today. On May 22, Media and radio broadcast company HT1 rose 15.32% having recently declaring that radio listenership was up during this COVID-19 periods. On 9 April, HT1 forked out AUD 15 million to buy a 4.2 percent stake in oOh!media while letting go its own outdoor advertising business, Adshel, in 2018 for AUD 570 million in cash. Today, oOh!media is worth approximately AUD 600 million in market value.

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