Why these 4 ASX shares have climbed higher today

Thanks largely to strong gains in the energy sector, the S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) has stormed higher by 0.7% to 5,760 points in afternoon trade.

Four shares which have climbed more than most today are listed below. Here’s why they are higher:

The AGL Energy Ltd (ASX: AGL) share price is up 3.5% to $24.94 following reports that the energy company has begun an auction for its smart meter business. According to the Australian Financial Review, AGL may be able to command upwards of $100 million for the business.

The LiveHire Ltd (ASX: LVH) share price has jumped 7.5% to 64.5 cents after the talent technology company announced an agreement to partner with recruitment company Randstad in Singapore. As Randstad is one of the biggest recruitment companies in the world, I believe this agreement is a testament to the quality of the LiveHire product.

The Treasury Wine Estates Ltd (ASX: TWE) share price has climbed 5% to $12.76 following the release of a market update after the market closed yesterday. Due to misleading comments from analysts, Treasury Wine came out to reaffirm its positive outlook for the imported wine market in China. I think Treasury Wine is a great long-term buy and hold investment option.

The Whitehaven Coal Ltd (ASX: WHC) share price has surged 5% to $3.13 despite there being no news out of the coal miner. Today’s gain is likely to be attributable to the thermal coal price from the Newcastle terminal jumping to its highest level since April due to tightening supply and increasing demand.

Missed out on these gains? Don't worry. These growth shares could be next in line for big gains in my opinion.

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 has no position in any stocks mentioned. 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.