In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record a solid gain. At the time of writing, the benchmark index is up 0.4% to 7,092.3 points.
Four ASX shares that are climbing more than most today are listed below. Here’s why they are storming higher:
The Coles share price is up 3.5% to $16.40. This appears to have been driven partly by a broker note out of Citi this morning. According to the note, the broker has upgraded the supermarket giant’s shares to a buy rating with an $18.00 price target. The broker believes Coles has reached an inflection point in respect to its market share.
The Nickel Mines share price has jumped 6% to $1.14. This also appears to have been driven by a broker note. This…
Health23 hours ago
Vaccinated Singapore shows zero-COVID-19 countries cost of reopening – ZAWYA
General21 hours ago
Twenty20 World Cup: Australia vs South Africa live score, stats and commentary
Entertainment18 hours ago
When it comes to Wilkinson’s salary woes, I’m struggling to sympathise – Sydney Morning Herald
Sport13 hours ago
Ange Postecoglou in Celtic tribute to Giorgos Giakoumakis as he pinpoints the key to St Johnstone win – Daily Record