ASX market movers: Advanced Human Imaging, Immutep
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.
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:
|Advanced Human Imaging (AHI)||$1.82||15.2%|
|Money3 Corporation (MNY)||$3.16||8.2%|
|Audio Pixels Holdings (AKP)||$21.80||7.5%|
|Splitit Payments (SPT)||$0.67||8.1%|
|Eml Payments (EML)||$2.97||6.1%|
|Sigma Healthcare (SIG)||$0.66||6.5%|
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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.
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