Which ASX shares are leading the ASX 300 today?

We take a closer look at the top movers among the ASX 300 index…
The post Which ASX shares are leading the ASX 300 today? appeared first on The Motley Fool Australia. –

The S&P/ASX 300 Index (ASX: XKO) is heading south today, breaking the week’s consecutive days in green territory.

At the time of writing, the ASX 300 is down 0.64% to 7,383.5 points.

Here’s a summary of which ASX shares are topping the charts today.

FINEOS Corp Holdings PLC (ASX: FCL)

The FINEOS share price is up a mammoth 16.98% to $4.30 following the company’s release of its full-year results.

The insurance software company highlighted robust growth, driven by its subscription revenues. In total, FINEOS achieved revenue of €108.3 million (A$175.41 million), up 23.3% on FY20.

The company did not include a dividend payment for the FY21 year.

City Chic Collective Ltd (ASX: CCX)

Another significant mover today is the City Chic share price, up 14.26% to an all-time high of $6.25. The fashion retailer released its full-year results, announcing strong revenue of $258.5 million, up 32.9% on FY20. This was underpinned by online sales growth of $184.6 million, up 49.3%.

No dividend was stated for the second half of the FY21 period.

Blackmores Ltd (ASX: BKL)

Following suit, the Blackmores price is up 11.34% to a 52-week high of $88.84.

The strong rise in Blackmores shares comes as the company provided its full-year results to the market. The health supplements business reported positive numbers despite operating in a changing COVID-19 environment.

The company is set to reward eligible shareholders with a fully-franked dividend payment of 42 cents per share.

And the ASX 300 companies moving the other way?

Appen Ltd (ASX: APX)

Falling heavily is the Appen share price, down a massive 20.77% to $10.95.

The artificial intelligence data services company released its half-year results for the FY21 period, registering disappointing numbers across key metrics. Most notably, Appen’s net profit after tax fell 55.1% to US$6.7 million. 

The board decided to maintain its 50% franked interim dividend of 4.5 cents per share.

Link Administration Holdings Ltd (ASX: LNK)

Also in decline is the Link share price, down 12.43% to $4.51.

The administration services company dropped its full-year results to the market, recording losses due to COVID-19 headwinds. In addition, European business and regulatory changes in its Retirement and Superannuation Solutions (RRS) business brought in lower revenues.

Link declared a fully franked dividend of 5.5 cents per share, up 4.5 cents in H1 FY21.

The post Which ASX shares are leading the ASX 300 today? appeared first on The Motley Fool Australia.

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More reading

ASX 200 midday update: A2 Milk and Appen sink, Flight Centre rises

City Chic (ASX:CCX) share price jumps 13% to record high on strong FY21 growth
Blackmores (ASX:BKL) share price edges lower despite profit surge
Link (ASX:LNK) share price down as revenue slides 6% in FY21
Appen (ASX:APX) share price tanks after 55% profit fall

Motley Fool contributor Aaron Teboneras owns shares of Appen Ltd. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended Appen Ltd and Link Administration Holdings Ltd. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended FINEOS Corporation Holdings plc. The Motley Fool Australia owns shares of and has recommended Appen Ltd and Blackmores Limited. The Motley Fool Australia has recommended FINEOS Corporation Holdings plc and Link Administration Holdings Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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