These ASX 200 shares are charging ahead today.
The post Which ASX shares are leading the ASX 200 today? appeared first on The Motley Fool Australia. –
The S&P/ASX 200 Index (ASX: XJO) is having a decent day in the green so far this Wednesday. At the time of writing, the ASX 200 is up a modest 0.18% to 7,516 points after initially rising to 7,5342 points earlier today.
With the ASX 200 having a positive day today, let’s check out which ASX 200 shares are contributing to this rise most enthusiastically.
Which ASX shares are leading the ASX 200 on Wednesday?
WiseTech Global Ltd (ASX: WTC)
WiseTech shares are on fire today, leading the ASX 200 with a very pleasing 30.77% gain at the time of writing to $46.90 a share. At one point this morning, the company was even higher, up more than 50% to a new all-time record of $57.31 a share. These gains were so massive that WiseTech actually got issued a ‘speeding ticket’ please explain from the ASX itself earlier today. This resulted in a brief trading halt for WiseTech shares.
All of these gains seem to stem from the company’s FY21 earnings report which was delivered this morning. See our full coverage of WiseTech’s impressive numbers here.
HUB24 Ltd (ASX: HUB)
Investment company HUB24 is another ASX 200 share contributing to the index’s gains today. At the time of writing, HUB24 shares are up a healthy 10.3% to $30.78 a share. That’s after hitting a new all-time high of its own – $31.22 a share – earlier this morning.
This move appears to also be the result of an impressive earnings report. HUB24 delivered its FY21 numbers yesterday, which saw its shares rise by more than 8%. Today’s additional rise seems to be assisted by some positive broker coverage, as my Fool colleague James covered earlier today.
Appen Ltd (ASX: APX)
This embattled ASX tech share is also lending a hand to the ASX 200’s gains today. At the time of writing, Appen shares are up a robust 7.47% to $13.66 a share. That would be a welcome move for investors, seeing as Appen is still down around 46.5% year to date in 20201 so far. Appen reports its own FY21 numbers tomorrow morning. But it appears some investors are jumping the gun today and bidding Appen higher in anticipation. Again, some positive broker attention may be greasing the wheels here.
Flight Centre Travel Group Ltd (ASX: FLT)
Flight Centre shares are, well, flying today, with this travel company currently up 6.83% to $16.25 a share. Like Appen, Flight Centre reports its earnings tomorrow, so we seem to be seeing a similar pattern here. It is worth noting that ASX 200 travel shares as a whole have been having a very pleasant week after a few weeks of malaise. As my Fool colleague Mitchell covered yesterday, this could be in response to Australia’s ballooning vaccination rates.
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
WiseTech (ASX:WTC) share price rose 58% before being halted, what’s next?
Why Bigtincan, Lovisa, SILK, & WiseTech shares are charging higher
Motley Fool contributor Sebastian Bowen 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 Appen Ltd, Hub24 Ltd, and WiseTech Global. The Motley Fool Australia owns shares of and has recommended Appen Ltd, Webjet Ltd., and WiseTech Global. The Motley Fool Australia has recommended Flight Centre Travel Group Limited and Hub24 Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.