ASX market movers: Doctor Care Anywhere Group, Airtasker

Posted: 25 May 2021 4:53 pm
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The 10 biggest movers on the ASX today.

Standout performers on the ASX Tuesday 25 May 2021

Doctor Care Anywhere Group (DOC) and Airtasker (ART) were the two top stocks on the ASX Tuesday after posting promising company updates.

Meanwhile the CBA share price was under watch, with some analysts predicting it could pass $100 in a matter of days. You can read about that here.

Doctor Care Anywhere Group (DOC) was the standout mover on the ASX today. Shares in Doctor Care Anywhere Group rose 16.0% to $0.94.

"The Doctor Care share price rose Tuesday after it announced it had signed a new deal with UK based healthcare group Nuffield Health," said Finder's investments editor Kylie Purcell.

"With estimations that 70% of consultations through Nuffield could be online, it more greatly opens the door to the UK market."

"A number of health technology stocks have been trending upwards in recent weeks. As the roll out of the vaccine continues to hit hurdles, it's become clearer that there will be an increasing need for technology-driven health solutions."

Doctor Care Anywhere is a platform that lets you book doctor's appointments via video or phone conferencing.

In second spot for market gains was Airtasker (ART), the outsourcing company.

"Airtasker shares jumped after the company exited a trading halt from Thursday the week before," said Purcell.

It rose 12.0% to close at $1.21.

"The company announced it had successfully completed a $25 million capital raise after issuing 20.7 million new shares."

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

Here's the full list of today's 10 biggest movers.

StockClose% change
Doctor Care Anywhere Group (DOC)$0.9416.0%
Airtasker (ART)$1.2112.0%
Clover Corporation (CLV)$1.6510.7%
Element 25 (E25)$2.4110.6%
Bougainville Copper (BOC)$0.6510.2%
Telix Pharmaceuticals (TLX)$4.369.0%
Hub24 (HUB)$25.128.9%
Autosports Group (ASG)$2.508.7%
Rhythm Biosciences (RHY)$1.178.3%
Betmakers Technology Group (BET)$1.597.4%

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Market indicators Tuesday 25 May 2021

Overall, the S&P/ASX200 closed up Tuesday, gaining 60 points (0.86%) to 7106.2.

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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