The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) has continued its strong run and is higher for the fourth day in a row. In afternoon trade the index is up over 0.3% to 5,563 points thanks largely to strong gains in the financial and materials sectors.
Four shares which have finished the week with a bang are as follows:
Fastbrick Robotics Ltd (ASX: FBR) shares are up a massive 32% to 11.5 cents after the robotics company announced it had successfully completed an $8 million capital raising through a strategic cornerstone investor placement. The investment from Hunter Hall means management can turn its focus to the delivery of its one-armed robotic bricklayer Hadrian X next year.
Orion Health Group Ltd (ASX: OHE) shares have climbed nearly 20% despite no news out of the company recently. The buying action is probably the result of bargain hunters buying this small-cap health software company. The company is growing revenues at a decent clip and says it is driving "toward profitability in FY18".
Medical Developments International Ltd (ASX: MVP) shares have rocketed 9% to $4.62 after a research note out of Moelis and Company revealed its analysts have placed a buy rating on the fast-growing healthcare company with a $6.20 price target. Clearly its analysts have been impressed with the expansion of its Penthrox pain management product across the world this year.
Woodside Petroleum Limited (ASX: WPL) shares jumped almost 3% to $30.68 as oil prices bounced ahead of an important meeting this weekend. According to CNBC, traders are optimistic that the meeting between OPEC and non-OPEC producers may result in an agreement to cut crude oil output even further.