Why these 4 ASX shares are ending the week with a bang

The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) is on course to make it three successive days of gains. In afternoon trade the benchmark index is higher by 0.3% to 5,812 points.

Four shares finishing the week strongly are listed below. Here’s why they are ending the week with a bang:

The Bubs Australia Ltd (ASX: BUB) share price has continued its solid run and is up a further 8% to 62 cents. Investors have been flocking to infant formula shares over the last few weeks, pushing share prices significantly higher. Bubs’ shares have climbed almost 28% just this week.

The Domino’s Pizza Enterprises Ltd (ASX: DMP) share price is up 4.5% to $50.40. Overnight the US-based Domino’s Pizza reported its second-quarter results which revealed that international comparable sales were up 5.1% on the prior corresponding period.

The Galaxy Resources Limited (ASX: GXY) share price is storming higher again, this time by almost 4% to $3.27. With lithium carbonate prices rising 50% year-to-date amid positive global demand forecasts and tight supply, Galaxy certainly looks to be in a position to profit greatly this year.

The Ramsay Health Care Limited (ASX: RHC) share price is up 3.5% to $65.88. Today’s gain is likely to be attributable to the government’s plan to make private health insurance more affordable. The private hospital operator’s shares had come under pressure this year amid falling private health insurance participation rates.

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Top 3 ASX Blue Chips To Buy In 2017

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Motley Fool contributor James Mickleboro owns shares of Galaxy Resources Limited. 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.

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