The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) has fought back from an early collapse and is up 0.15% to 5,797 points in afternoon trade.
Four shares that have climbed more than most today are listed below. Here's why they are ending the week on a high:
The Blackmores Limited (ASX: BKL) share price is up almost 4% to $125.00 despite there being no news out of the health supplements company. But with Blackmores' shares down sharply since the release of a disappointing half-year result in February, it appears that bargain hunters may be swooping in today. I think Blackmores could be worth a closer look after its sizeable decline.
The Galaxy Resources Limited (ASX: GXY) share price has surged over 5% higher to $3.04. A good number of lithium miner shares have pushed higher on Friday as investors return to the industry following a recent sell-off. While its shares are certainly high risk, I do think they are one of the better options in the resources sector given the rise of electric vehicles.
The Myer Holdings Ltd (ASX: MYR) share price has jumped 10% to 38 cents amid speculation that arch rival David Jones could be interested in launching a takeover bid. This speculation has since being refuted by David Jones' South African parent company Woolworths. The conglomerate released a statement saying it has no intention to make a bid for Myer, nor has it engaged advisers.
The Wattle Health Australia Ltd (ASX: WHA) share price rose almost 4% to $2.26 before being placed in a voluntary suspension. This morning Wattle Health announced quarterly gross sales of $804,379. Shortly after the company requested the suspension whilst it finalises its joint venture with Organic Dairy Farmers of Australia and a potential capital raise. Wattle Health's shares are due to remain suspended until April 20.
