In afternoon trade the S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) is flat at 5,644 points despite strong gains from the healthcare sector.
If the index finishes at this level it will mean a disappointing weekly decline of around 1.2%.
But four shares are going against the grain today and finishing the week strongly. Here's why they've stormed higher:
Auscann Group Holdings Ltd (ASX: AC8) shares have climbed 30% to 23 cents on their first day of trade. The medicinal cannabis company rocketed as much as 120% in early trade before profit-taking weighed on its shares. Whilst it may be a little early for an investment, I do believe this is one pot stock to keep a close eye on.
Domino's Pizza Enterprises Ltd. (ASX: DMP) shares have rallied higher by 3.5% to $61.90. This brings its two-day return to 8.6% despite there being no news out of the pizza chain. Judging by the recent share price gains it would appear as though some investors are expecting Domino's to report a strong half-year result on February 15.
OceanaGold Corporation (ASX: OGC) shares have rebounded from yesterday's heavy decline with a 12% gain to $4.29. The gold miner's Didipio mine in the Philippines was threatened with closure yesterday due to it allegedly causing a decline in agricultural production. Management does not believe this to be the case and has vehemently defended the operation.
OFX Group Ltd (ASX: OFX) shares have rocketed higher by almost 6% to $1.41. The money transfer company's shares were crushed earlier in the week after the release of a bitterly disappointing trading update. Today's gain is likely to be attributable to bargain hunters swooping in. I'd suggest investors wait to see what impact the new CEO has on the business before making an investment.
