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

The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) is having a strong finish to the week and in afternoon trade is almost 0.6% higher to 5,966 points.

Four shares that have posted notably strong gains today are listed below. Here’s why they are ending the week with a bang:

The Bubs Australia Ltd (ASX: BUB) share price is up almost 6% to 84 cents after its shares emerged from their trading halt. Bubs shares were halted whilst it raised capital to complete the transformative acquisition of NuLac Foods for $25 million.

The Buddy Platform Ltd (ASX: BUD) share price has stormed 10% higher to 28 cents after the Internet of Things company announced that it is finalising negotiations with Telstra Corporation Ltd (ASX: TLS) for it to become the primary sales channel of Buddy Ohm in Australia. Buddy Ohm is the company’s energy monitoring and verification solution.

The Costa Group Holdings Ltd (ASX: CGC) share price is up 3% to $6.55 after the horticulture company announced that it has increased its holding in its African Blue joint venture to 90% for $68 million. The acquisition will be earnings per share accretive in the current financial year and is expected to complete by the end of December.

The Vocus Group Ltd (ASX: VOC) share price is up nearly 4% to $2.91 despite there being no news out of the telco company. This latest gain means that Vocus’ shares have now gained over 18% since this time last month. It appears as though the market was impressed with the trading update it supplied at its recent annual general meeting.

Missed these gains? Don't worry because I think these top growth shares could be next in line to climb higher.

Top 3 ASX Blue Chips To Buy In 2017

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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.

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Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of Telstra Limited and Vocus Communications Limited. 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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