At lunch the S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) is lower by 0.2% to 5,689 points ahead of its early finish. If things stay the same way the benchmark index will finish the year with a solid 7.4% gain.
Six shares which are ending the year with a bang are as follows:
Class Ltd (ASX: CL1) shares have climbed 3% to $2.89 despite there being no news out of the company. The cloud-based accounting, investment reporting and administration software provider has had a great year and I'm confident of this continuing in 2017.
Paladin Energy Ltd (ASX: PDN) shares have risen almost 12% to 8.6 cents. The uranium production company's shares have been on a tear since it announced earlier this week that it has made a proposal to Électricité de France (EdF) regarding its US$200 million long-term off-take contract pre-payment. If EdF accepts the proposal then Paladin should receive the much-needed outstanding payment.
Resolute Mining Limited (ASX: RSG) shares have soared once again, this time by 12% to $1.32. Today's gain means that Resolute has now climbed an astonishing 24% during the three-day week. The gold price lifted overnight to US$1,161 an ounce due to weakness in the U.S. dollar. Newcrest Mining Limited (ASX: NCM) and St Barbara Ltd (ASX: SBM) also put on notable gains today as well.
Touchcorp Ltd (ASX: TCH) shares have edged higher by over 3% to $1.08. This brings the payment software provider's gain to over 7% this week. Despite this gain its shares are still down by over 43% in December following a shock market update. Not only did the update reveal a deterioration in revenue growth since its half-year results, but also a significant drop in operating profit.
