Which shares are set to finish the week as the top movers on the ASX 300?

Which ASX 300 shares are trending on Friday?

A woman stares at a computer with her face just inches from the screen.

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

The S&P/ASX 300 Index (ASX: XKO) is pushing upwards today, further adding to yesterday's gains.

At the time of writing, the ASX 300 is up 0.83% to 7,318.5 points. This means that over the past two days, the index has risen 1.58%.

We take a look at some of the top movers on the ASX 300 today.

oOh!Media Ltd (ASX: OML)

The oOh!Media share price is on the move, up 5.6% to $1.92 despite no company announcements today.

The out of home media company has seen its shares rebound lately as Australia ramps up its COVID-19 vaccine efforts. Investors are anticipating a quick recovery for its advertising operations.

Magellan Financial Group Ltd (ASX: MFG)

Following suit is the Magellan share price, up 5.92% to $34.01.

The financial company also hasn't provided any news to the market today. However, yesterday afternoon, Swiss investment firm provided an update on its assessment of Magellan shares.

Analysts cut their rating by 5.4% to $35.00 per share. While this is a reduction, it still implies an upside of around 3% based on the current share price.

Sandfire Resources Ltd (ASX: SFR)

The Sandfire Resources share price is travelling 4.55% higher to $5.28.

The metals company released its 180-page annual and sustainability report this afternoon, highlighting its activities throughout the year. Sandfire Resources also covered its environmental, social, and governance (ESG) obligations.

And the ASX 300 shares heading the other way?

EML Payments Ltd (ASX: EML)

Heading south is the EML Payments share price, down a sizeable 14.46% to $3.17.

The payments solutions company nosedived following a regulatory update relating to the Central Bank of Ireland (CBI).

EML Payments advised its Irish-based subsidiary, PFS Card Services business could be impacted materially. CBI has proposed certain limits be applied across the company's almost 27,000 programs in the next week.

Australian Strategic Materials Ltd (ASX: ASM)

Also in decline is the Australian Strategic Materials share price, down 5.74% to $10.19.

The rare earth metals company hasn't released any market-sensitive news to the ASX today. However, its shares are taking a breather from registering about a 10% gain over the past two days.

Since this time last year, Australian Strategic Materials shares have gained 270%, with year-to-date up 54%.

Motley Fool contributor Aaron Teboneras has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. owns shares of and has recommended EML Payments. The Motley Fool Australia owns shares of and has recommended EML Payments. The Motley Fool Australia has recommended oOh!Media Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

More on Share Market News

Two smiling work colleagues discuss an investment at their office.
Broker Notes

Bell Potter names 3 sold-off ASX 200 shares to buy today

These shares have fallen heavily and a buying opportunity could have opened up.

Read more »

Winning woman smiles and holds big cup while losing woman looks unhappy with small cup.
Share Gainers

Here are the top 10 ASX 200 shares today

It was a sour end to the trading week this Friday.

Read more »

A bearded man holds both arms up diagonally and points with his index fingers to the sky with a thrilled look on his face.
Broker Notes

Bell Potter just initiated coverage on this exciting ASX All Ords stock with a buy rating

There could be 30%+ upside for investors with this one.

Read more »

Two male ASX 200 analysts stand in an office looking at various computer screens showing share prices.
Share Market News

Buy, hold, sell: Evolution Mining, HomeCo, and Macquarie shares

Morgans has been looking at these shares this week. How does it rate them?

Read more »

Two brokers pointing and analysing a share price.
Bank Shares

Brokers re-rate CBA and ANZ shares after banks stun the market

ANZ shares reached a record $40.95 on Friday while CBA lifted to $179.27 before reversing course.

Read more »

Smiling man working on his laptop.
Broker Notes

Brokers name 3 ASX shares to buy today

Here's why brokers are feeling bullish about these three shares this week.

Read more »

Disappointed man with his head on his hand looking at a falling share price his a laptop.
Share Fallers

Why Austal, Cochlear, Nick Scali, and WiseTech shares are tumbling today

These shares are ending the week in the red. But why?

Read more »

A businesswoman exhales a deep sigh after receiving bad news, and gets on with it.
52-Week Lows

13 ASX 200 shares hit multi-year lows as the market takes a breather

The market is down on Friday after a strong week that saw the ASX 200 lift to a 14-week high…

Read more »