The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) has made a disappointing start to the week and in afternoon trade finds itself down 1.1% to 5,823 points.
Despite the market sinking lower, four shares in particular have managed to climb higher. Here's why they have started the week strongly:
The Bubs Australia Ltd (ASX: BUB) share price is up 3% to 17 cents despite there being no news out of the growing infant formula and baby food company. Today's gain will be a welcome relief to shareholders. After a strong start to life as a listed company, its shares have fallen 22% lower in the last three months.
The Hub24 Ltd (ASX: HUB) share price has jumped 6.5% to $4.77 after the software-as-a-service company announced record third quarter fund in-flows for its stockbroking and wealth management platform. Net inflows for the quarter were $418 million, increasing its total retail funds under administration to $4.7 billion.
The Kathmandu Holdings Ltd (ASX: KMD) share price is up 3% to $1.84 today. Although the adventure wear and outdoor activity retailer has struggled in recent times, today's gain means its shares have now climbed 17% in the last 12 months. This makes it one of the better performers in the retail industry during the period.
The Think Childcare Ltd (ASX: TNK) share price has climbed almost 5% to $2.34 after the childcare operator announced that one of its incubators had secured a $25 million debt facility from the Moelis Australia Childcare Development Fund. This will provide a pipeline of newly developed, purpose built childcare centres around Australia for Think Childcare to acquire progressively over the next five years. I think this small-cap share is one to watch.
