Today’s ASX top stocks: AMP (AMP ↑13.7%), Sandfire Resources (SFR ↑13.3%)
The 10 biggest movers on the ASX.
The best performing companies on the ASX so far today were AMP (AMP, up 13.7%) and Sandfire Resources (SFR, up 13.3%).
Standout performers on the ASX Thursday 28 April 2022
AMP was the dominant mover on the ASX today. Shares in the company rose 13.7% to $1.16.
AMP's share price is on the move after announcing the sale of its local real estate and infrastructure platforms. The company says it will pocket approximately AUD$1.1 billion from the sale.
In news that will excite investors, the company has confirmed it will pay the majority of its net proceeds to shareholders. This is likely through a mix of capital return and on-market share buybacks.
AMP works in the diversified financials sector.
Learn more about investing in AMP in Finder's full guide.
Another strong performer was Sandfire Resources (SFR), the materials company. The copper and gold miner rose 13.3% to reach $5.89.
The rising share price comes off the back of its latest quarterly update where the company highlighted a strong outlook following rising commodity prices.
Find out more about investing in Sandfire Resources in Finder's full guide.
Switch online brokers and save
Did you know you can save $1,046 in brokerage fees every year on average by switching to a cheaper share trading platform? Check out fees and features in our comparison table to find a better deal today.
Here is today's list of the 10 biggest ASX movers so far:
|Sandfire Resources (SFR)||$5.89||13.3%|
|Audinate Group (AD8)||$6.25||10.8%|
|City Chic Collective (CCX)||$3.00||9.5%|
|Stanmore Coal (SMR)||$2.20||8.9%|
|Alpha HPA (A4N)||$0.66||8.2%|
|Syrah Resources (SYR)||$1.99||8.2%|
|New Century Resources (NCZ)||$2.31||6.9%|
|Steamships Trading Company (SST)||$10.90||5.8%|
|Paradigm Biopharmaceuticals (PAR)||$1.30||5.7%|
Serious about investing? Here's your new unfair advantageTicker Nerd uses advanced software to track hundreds of signals and data points to find stocks before they blow up. Don't miss out!
Get started for free
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.
Need a better share trading platform? Check out Finder's full review of the best online brokers in Australia right now.