ASX market movers: Advanced Human Imaging, Immutep

Posted: 20 May 2021 4:25 pm
News
WM04MarketMovers_GettyImages_1800x1000

The 10 biggest movers on the ASX today.

Top movers on the ASX Thu 20 May 2021

Medical technology stocks are having a moment in the sun, with Advanced Human Imaging (AHI) and Immutep among the biggest movers on Thursday.

Meanwhile, some travel stocks, including Qantas, are also starting to rebound, as the COVID vaccine continues to be rolled out across the globe.

For the second day in a row, Advanced Human Imaging (AHI) was one of the two largest movers on the ASX today.

Shares in Advanced Human Imaging rose 15.2% to $1.82.

"Australian biotechnology stocks have been rising across the board in recent weeks," said Finder's investments editor Kylie Purcell.

"The S&P/ASX 200 Pharmaceuticals & Biotechnology index is up about 8% from two months ago. That's above the benchmark S&P/ASX 200 index, which is up just 4% over the same time frame."

Advanced Human Imaging provides smartphone technology used to scan body or facial features. This is particularly useful in detecting potential health conditions.

"Health-tech is interesting space post-pandemic. On the one hand, investor sentiment could drop if the COVID vaccine is successfully rolled out and we begin to focus on other parts of the economy," said Purcell.

"On the other hand, the importance of technology driven health solutions has been driven home more than ever."

Another strong performer was Immutep (IMM), the pharmaceuticals, biotechnology and life sciences company.

It rose 13.7% to close at $0.58.

Learn more about investing in Immutep in Finder's full guide.

The top 10 biggest movers on the ASX today were:

StockClose% change
Advanced Human Imaging (AHI)$1.8215.2%
Immutep (IMM)$0.5813.7%
Money3 Corporation (MNY)$3.168.2%
Audio Pixels Holdings (AKP)$21.807.5%
Splitit Payments (SPT)$0.678.1%
Afterpay (APT)$93.478.1%
Altium (ALU)$26.317.1%
Eml Payments (EML)$2.976.1%
Sigma Healthcare (SIG)$0.666.5%
Redbubble (RBL)$3.646.7%

Share your review to win $1,500!

Review your current share trading platform for a chance to win $1,500 in Myer gift cards.



Get started

Market indicators Thu 20 May 2021

Overall, the S&P/ASX200 closed up Thursday, gaining 87 points (1.25%) to 7018.4.

Each weekday we round up the best performing stocks on the Australian Securities Exchange (ASX), ranked by price percentage from market open to market close. To avoid higher price volatility we only include stocks with market caps of more than $200 million. Price changes are calculated at the end of the day, but these prices may be subject to minor variation depending on data availability.

Need a better share trading platform? Check out Finder's full review of the best online brokers in Australia right now.

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

Get more from Finder

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Go to site