Today’s ASX top stocks: Japara Healthcare (JHC ↑17.9%), Temple & Webster Group (TPW ↑14.5%)
The 10 biggest movers on the ASX.
The best performing companies on the ASX so far today were Japara Healthcare (JHC, up 17.9%) and Temple & Webster Group (TPW, up 14.5%).
US carmaker Tesla has been another stellar performer overnight. You can read more on this here, including how you can invest from Australia.
Largest gains on the ASX Tuesday 27 July 2021
Japara Healthcare (JHC) was the top mover on the ASX today. Shares in the company rose 17.9% to $1.38.
"Shares in the company have jumped after Japara announced news of a takeover agreement by nonprofit healthcare firm Cavalry," said Finder's investments editor Kylie Purcell.
"If the acquisition goes ahead, JHC shareholders will receive a payout of $1.40 per share. That's almost 20% higher than yesterday's closing price, which is almost in line with today's performance."
"Investors are seeing an opportunity to make a tidy profit should the deal go ahead as planned. The downside of course is that they could lose out if it doesn't work out as they expect."
Japara Healthcare is an Australian aged care operator.
Learn more about investing in Japara Healthcare in Finder's full guide.
The second place for market gainers went to Temple & Webster Group (TPW), the retailing company.
It rose 14.5% to reach $13.29.
Find out more about investing in Temple & Webster Group in Finder's full guide.
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The top 10 biggest movers on the ASX so far today were:
|Japara Healthcare (JHC)||$1.38||17.9%|
|Temple & Webster Group (TPW)||$13.29||14.5%|
|Weebit Nano (WBT)||$2.61||8.7%|
|Regis Healthcare (REG)||$2.06||7.9%|
|OZ Minerals (OZL)||$23.67||7.4%|
|Estia Health (EHE)||$2.36||7.3%|
|Zimplats Holdings (ZIM)||$24.72||6.1%|
|Starpharma Holdings (SPL)||$1.33||5.6%|
|Ainsworth Game Technology (AGI)||$1.05||5.0%|
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Each weekday we round up the best performing stocks on the Australian Securities Exchange (ASX), ranked by price percentage from market open to 11am. To avoid higher price volatility we only include stocks with market caps of more than $200 million. Price changes are calculated by 11am on the trading day, but these prices may be subject to minor variation depending on data availability.
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