Insights

Which ASX 300 shares are the biggest winners and losers on Thursday?

The ASX 300 is starting the month in red…
The post Which ASX 300 shares are the biggest winners and losers on Thursday? appeared first on The Motley Fool Australia. –

The S&P/ASX 300 Index (ASX: XKO) is continuing its run into negative territory today following the wrap-up of earnings season.

At the time of writing, the ASX 300 is down 0.71% to 7,475 points. This means the index has almost erased its August gains, sitting relatively flat for the last month.

Let’s take a look at which ASX companies are leading the charge today.

Paladin Energy Ltd (ASX: PDN)

The Paladin share price is again topping the charts, surging another 10.17% to a multi-year high of 65 cents.

The uranium producer has not released any market-sensitive news since its full-year results last Friday. However, in the annual report, the company did highlight progress on the Langer Heinrich Mine.

It appears investors are valuing Paladin shares at a bargain considering they have lifted by more than 30% in the past week.

Coronado Global Resources Inc (ASX: CRN)

Another big mover on the ASX 300 is the Coronado share price, up 6.59% to $1.172.

The coal miner also hasn’t reported anything new since its half-year results in mid-August. However, the spot price of coal has picked up steam since August 20, reaching a new record high of US$174.60 per tonne.

No doubt, this will translate into bumper profits for the company’s second half of FY21.

Dicker Data Ltd (ASX: DDR)

The Dicker Data share price is pushing 4.7% higher to $14.03 following director purchases over the last few days.

This comes after investors were initially spooked by the IT distributor’s chair and CEO David Dicker selling his shares. However, the share price weakness has presented a buying opportunity for some board members.

Dicker Data shares reached a record high of $16.60 last Thursday after reporting its FY21 interim results.

And the biggest fallers?

BHP Group Ltd (ASX: BHP)

The worst performer on the ASX 300 today is the BHP share price, down 6.84% to $41.95.

While no market-sensitive news has been released by the company, the share price fall can be attributed to BHP going ex-dividend today.

The board declared a fully franked final dividend of US$2.00 per share, which will land in shareholder accounts on 21 September.

United Malt Group Ltd (ASX: UMG)

Lastly, United Malt shares also crashed on Thursday, declining 6.48% to $4.115.

The commercial maltster released its full-year scorecard to the market late yesterday afternoon, recording significant one-off expenses. This weighed down the overall result along with recent COVID-19 restrictions affecting consumption in Asia and Australia.

The post Which ASX 300 shares are the biggest winners and losers on Thursday? appeared first on The Motley Fool Australia.

Wondering where you should invest $1,000 right now?

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.

*Returns as of August 16th 2021

More reading

Why BHP, NIB, Northern Star, & Redbubble shares are tumbling lower

ASX 200 midday update: BHP sinks, Flight Centre expansion

Why the BHP (ASX:BHP) share price is down 7% today
Here’s why the BHP (ASX:BHP) share price is down 7% today
5 things to watch on the ASX 200 on Thursday

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 Dicker Data Limited. The Motley Fool Australia owns shares of and has recommended Dicker Data Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

Trade The World Anywhere & Anytime!

Mobile app platform with over 50,000 global listed securities across 12 markets (over 70% global market capitalisation), right from your Android or iOS device.

Integrated with exclusive trading idea and investment analysis tools to help you find actionable insight on virtually every financial instrument across our 12 global markets, to help you optimise your trading strategies.

Refer Your Friends

Tell your friends about Monex and gift them FREE access to our trading tools.

We respect your privacy and will only send this one email notification to your friends. 

Share With Your Friends

Share on facebook
Share on twitter
Share on linkedin

Monex Trading Tools Access and Usage Terms

The Monex Trading Tools (referred to as ‘tools’ hereafter) are available to you inside your client portal;


To activate access to the tools, you must have a verified and approved trading account and have made a deposit of at least AUD $1000.


An active and funded account with a positive trading balance is required to continue to have access to the tools;


Although the tools are available to you indefinitely, Monex Securities may at it’s discretion disable access to the tools in the future;


Monex securities reserves the right to change these terms and conditions from time to time, as it sees fit, without notice.

Important Notice
iOS & Android App - 12 International Markets & Over 70% Global Market Cap. $0 Brokerage On US Trades. Click Here!