In what has been a rather topsy-turvy day for local investors, the S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) has fallen back into the red, erasing any gains achieved earlier in the afternoon. However, the selloff has been nowhere near as severe as Thursday with the ASX trading just 0.2% lower.
There are also a lot more companies trading in the black than there were yesterday, including these four:
Sundance Energy Australia Ltd (ASX: SEA) was the company hardest hit during yesterday's selloff, ending the day 27.3% lower at 24 cents. Like others in the sector, Sundance Energy has come under enormous pressure as a result of plummeting oil prices with further falls expected. For now however, the company has been offered some reprieve after oil prices rose 2.4% overnight, with Sundance Energy recovering 10.4%.
Flight Centre Travel Group Ltd (ASX: FLT) was also hit hard on Thursday, although it has regained 2.8% today. Flight Centre's business model has constantly been questioned by investors in years gone by, but it has time and again proven its critics wrong. The company is once again trading well below its 52-week high at just $36.54 (down from $47.38) and could be worth a closer look.
Greencross Limited (ASX: GXL), the name behind various veterinary clinics as well as Petbarn and City Farmers stores, has jumped 4.7% today to trade at $6.30. The company's shares have come under pressure recently – partially to do with the sudden departure of its CEO as well as possible concerns over its roll-up strategy.
Bellamy's Australia Ltd (ASX: BAL) continued its stunning run today. Its shares rose another 7.7% to $7.40 (after hitting an intra-day high of $7.48), giving it a total gain of 467% over the last 12 months. Bellamy's offers a range of organic food and formula products for babies which is proving popular both locally and internationally.
