Which ASX 300 shares are leading the way on Monday?

Who's the biggest movers on the ASX 300?

| More on:
Person holding up a smartphone in front of a stock market chart.

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 advancing today, adding on Thursday's 0.57% and Friday's 0.69% gain.

At the time of writing, the ASX 300 is up 0.24% to 7,387.1 points. It's worth noting that in the past month, the index has mostly recovered from its 3.5% loss.

Here are some of the top movers on the ASX 300 today.

Paladin Energy Ltd (ASX: PDN)

The Paladin share price is on the move, up 8.64% to 88 cents despite no new company announcements.

The uranium company's shares are continuing to accelerate following positive investor sentiment in the sector. This has led to fellow peers such as Boss Energy Ltd (ASX: BOE) and 92 Energy Ltd (ASX: 92E) also punching higher.

A strong uptick in oil and gas prices has led nuclear energy as a possible solution as a secure, emission-free power source.

The spot price for uranium has soared over 60% in a year, reaching US$47.20/lb at the time of writing.

Vulcan Energy Resources Ltd (ASX: VUL)

Following suit is the Vulcan share price, up 8.56% to $12.55.

The clean-lithium developer released an announcement in regards to a new binding offtake agreement with leading materials technology company, Umicore.

Under the deal, Umicore will purchase up to 42,000 tonnes of battery-grade lithium hydroxide from Vulcan over a 5-year term. Pricing for the key ingredient will be based on market prices on a take-or-pay basis.

Zimplats Holdings Ltd (ASX: ZIM)

Making headlines again is the Zimplats share price, up 7.48% to $23.84.

The mining company hasn't provided the market with any new information in the past few weeks.

A possible catalyst for the upward trend could be the improvement in platinum prices over the past few weeks.

And the ASX shares in decline?

HomeCo Daily Needs REIT (ASX: HDN)

Heading south is the HomeCo Daily Needs share price, down a hefty 7.79% to $1.48.

The property company's shares are in reverse after announcing plans to merge with Aventus Group (ASX: AVN).

The takeover will see Aventus shareholders receive 2.2 HomeCo Daily Needs shares for every Aventus share owned. In addition, shareholders will also receive either $0.285 cash or 0.038 Home Consortium Ltd (ASX: HMC) shares.

Should the merger be approved by Aventus shareholders and other customary conditions, the implementation date will be in mid-February 2022.

Sezzle Inc (ASX: SZL)

Also running at a loss is the Sezzle share price, down 5.46% to $5.89.

Investors have sold off the buy-now-pay-later (BNPL) company's shares after registering a 20% gain just 2 weeks ago.

Earlier this month, United States retail giant Target announced the launch of a BNPL offering in partnership with Sezzle. This service will be used to attract customers with affordable payment solutions.

Target is the eighth largest retailer in the United States and has a network of more than 1,909 stores.

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. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. 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 workers at an oil rig discuss operations.
Broker Notes

Should you buy Santos, Beach Energy or Woodside shares? Here's Macquarie's top pick

Macquarie has released its new share price expectations for Santos, Beach Energy and Woodside shares.

Read more »

A green fully charged battery symbol surrounded by green charge lights representing the surging Vulcan share price today
Share Market News

Up 300% in 6 months! This soaring ASX lithium stock just took a major step to production

Marching forward.

Read more »

An old-fashioned panel of judges each holding a card with the number 10
Share Gainers

Here are the top 10 ASX 200 shares today

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

Read more »

Broker written in white with a man drawing a yellow underline.
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 »

A young man pointing up looking amazed, indicating a surging share price movement for an ASX company
Share Market News

Macquarie says this top ASX tech stock could rise 15%

Let's see what the broker is saying about this stock.

Read more »

Excited couple celebrating success while looking at smartphone.
Healthcare Shares

Up 680% since July, here's why 2025 was a breakout year for this hot ASX stock

With consistent contract wins, FDA clearance, and backing from Pro Medicus, 4D Medical is showing that there is a commercial…

Read more »

A male investor wearing a blue shirt looks off to the side with a miffed look on his face as the share price declines.
Share Fallers

Why Collins Foods, Monash IVF, Premier Investments, and Step One shares are tumbling today

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

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 over these rising Tassal share price
Share Gainers

4 ASX 200 stocks smashing the benchmark this week

Investors have been piling into these four ASX 200 stocks this week. Let’s see why.

Read more »