MENU

Why these 4 ASX shares have climbed higher today

In afternoon trade the S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) is down a disappointing 1.1% to 5,691 points.

Despite the market sinking lower, a number of shares have managed to climb higher. Here’s why these four shares have posted strong gains today:

The Atlas Iron Limited (ASX: AGO) share price is up 5.5% to 1.9 cents thanks largely to a further lift in the iron ore price. According to Metal Bulletin, the benchmark 62% fines increased 1.6% to US$66.81 a tonne overnight. This means the iron ore price is now trading at its highest level since early in May.

The Crowd Mobile Ltd (ASX: CM8) share price is up 13.5% to 21 cents after the mobile technology company reported record fourth-quarter revenues. Crowd Mobile delivered revenue of $11.6 million in the fourth-quarter, which means full-year revenue rose to $43.9 million. This could be one to watch.

The GetSwift Ltd (ASX: GSW) share price is up 4% to $1.08. Investors have been fighting to get hold of the logistics software platform provider’s shares since it reported that it has surpassed the 250,000 deliveries in a month milestone. I believe this growth makes GetSwift one of the most exciting small-caps on the ASX at present.

The Kyckr Ltd (ASX: KYK) share price is up 10% to 22 cents today after the regulatory technology company announced a multi-year agreement with Bloomberg. The agreement will see Kyckr provide access to business registry data to customers of various Bloomberg products. Kyckr is flying under the radar of most investors, but is well worth taking a closer look at in my opinion.

Missed out on these gains? Well grab these hot stocks before they lift off.

Top 3 ASX Blue Chips To Buy In 2017

For many, blue chip stocks mean stability, profitability and regular dividends, often fully franked..

But knowing which blue chips to buy, and when, can be fraught with danger.

The Motley Fool's in-house analyst team has poured over thousands of hours worth of proprietary research to bring you the names of "The Motley Fool's Top 3 Blue Chip Stocks for 2017."

Each one pays a fully franked dividend. Each one has not only grown its profits, but has also grown its dividend. One increased it by a whopping 33%, while another trades on a grossed up (fully franked) dividend yield of almost 7%.

The names of these Top 3 ASX Blue Chips are included in this specially prepared free report. But you will have to hurry. Depending on demand - and how quickly the share prices of these companies moves - we may be forced to remove this report.

Click here to claim your free report.

Motley Fool contributor James Mickleboro owns shares of GetSwift Ltd. The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

Two New Stock Picks Every Month!

Not to alarm you, but you’re about to miss a very important event! Chief Investment Advisor Scott Phillips and his team at Motley Fool Share Advisor are about to reveal their latest official stock recommendation. The premium “buy alert” will be unveiled to members and you can be among the first to act on the tip.

Don’t let this opportunity pass you by – this is your chance to get in early!

Simply enter your email now to find out how you can get instant access.

By clicking this button, you agree to our Terms of Service and Privacy Policy. We will use your email address only to keep you informed about updates to our website and about other products and services we think might interest you. You can unsubscribe from Take Stock at anytime. Please refer to our Financial Services Guide (FSG) for more information.