⚡️⚡️⚡️
With energy prices rising, switch to a cheaper plan
💡
Compare Prices Now
⚡️⚡️⚡️

Today’s ASX top stocks: Neuren Pharmaceuticals (NEU ↑15.1%), GrainCorp (GNC ↑13.6%)

Posted: 7 February 2022 12:29 pm
News
Over the shoulder view of young Asian woman checking financial trading data with mobile app on smartphone while sitting outdoors in a cafe, drinking coffee. Business on the go

The 10 biggest movers on the ASX.

Top performer badges for ASX trading so far today go to Neuren Pharmaceuticals (NEU, up 15.1%) and GrainCorp (GNC, up 13.6%).

Stand-out performers on the ASX Monday 7 February 2022

Neuren Pharmaceuticals (NEU) was the stand-out mover on the ASX today. Shares in the company rose 15.1% to $4.35.

However, the company has not announced anything today to move the share price.

Instead, it is speculation, with analysts still suggesting the price of the share can go higher.

Neuren Pharmaceuticals operates in the pharmaceuticals, biotechnology and life sciences sector.

Learn more about investing in Neuren Pharmaceuticals in Finder's full guide.

The second place for market gainers went to GrainCorp (GNC), the food and staples retailing company. Its shares rose 13.6% to reach $8.19.

GrainCorp's shares surged throughout today's trading following the release of bumper FY22 results.

The company's earnings before interest, tax, depreciation and amortisation (EBITDA) are now set to be in the range of $480–$540 million.

As such, the company could earn a 63.14% increase compared with FY21.

Find out more about investing in GrainCorp 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.

These were the 10 biggest movers on the ASX so far today:

StockPrice% change
Neuren Pharmaceuticals (NEU)$4.3515.1%
GrainCorp (GNC)$8.1913.6%
Cettire (CTT)$2.6513.2%
American Pacific Borates (ABR)$2.577.1%
Weebit Nano (WBT)$3.906.8%
Renergen (RLT)$3.655.8%
Helloworld Travel (HLO)$2.425.2%
Tietto Minerals (TIE)$0.625.1%
Coronado Global Resources (CRN)$1.465.0%
Elders (ELD)$11.705.0%

Serious about investing? Here's your new unfair advantage

Ticker 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.

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