Why these 4 ASX shares climbed higher today

In afternoon trade the S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) is just about keeping its head above water and is up just over 0.1% to 6,023 points.

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

The Digitalx Ltd (ASX: DCC) share price is up 8% to 33.5 cents. The blockchain company’s shares have fallen sharply this week following the sell-off in cryptocurrencies. But with the bitcoin price rebounding today, investors have returned to DigitalX as well. I suspect that the DigitalX share price will be one of the more volatile on the market over the coming weeks as cryptocurrencies come under scrutiny from regulators.

The Livetiles Ltd (ASX: LVT) share price has jumped 18% to 53 cents following the release of its latest quarterly update. During the quarter annualised subscription revenue reached $6.9 million, up from $2 million from the prior corresponding period. This equates to impressive annual subscription revenue growth of 245%. I think LiveTiles is one of the most exciting tech shares on the local share market right now and worth a closer look.

The Netwealth Group Ltd (ASX: NWL) share price is 6% higher to $6.48. This morning the financial services company reported a 13% quarter-on-quarter increase in funds under administration (FUA) to $15.4 billion. Year-on-year this translates as 58% growth in FUA. Netwealth’s award-winning platform is currently rated as Australia’s top platform for functionality and overall satisfaction.

The Sirtex Medical Limited (ASX: SRX) share price is almost 3% higher at $18.31. This morning the regenerative medicine company was given a lift after CLSA upgraded its shares to an outperform rating following its recent trading update. The broker appears pleased to see that Sirtex upgraded its EBITDA guidance to between $75 million and $85 million, compared to previous guidance of $61.5 million.

Finally, I'm tipping these top shares to be next in line to climb higher. Do you own them?

Top 3 ASX Blue Chips To Buy In 2018

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 2018."

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 of the stocks mentioned. The Motley Fool Australia has recommended LIVETILES FPO. 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.

The 5 mining stocks we’re recommending in 2019…

For decades, Australian mining companies have minted money for individual investors like you and me. But if you believe the pundits and talking heads on TV, those days are long gone. Finito! Behind us forever…

We say nothing could be further from the truth. To earn the really massive returns, you’ve got to fish where others aren’t fishing—and the mining sector could be primed for a resurgence. That’s why top Motley Fool analysts just revealed their exciting new research on 5 ASX miners they believe could help you profit in 2019 and beyond…


The best way we see to play the global zinc shortage… Our #1 favourite large-cap miner (hint: it’s not BHP)… one early-stage gold miner we think could hit the motherlode… Plus two more surprising companies you probably haven’t heard of yet!

For free access to our brand-new research, simply click here or the link below. But be warned, this research is available free for a limited time only, and we reserve the right to withdraw it at any time.

Click here for your FREE report!