After yesterday's sharp decline, the S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) has bounced back strongly and is up 0.6% to 5,699 points in afternoon trade.
Four shares which have made notably strong gains today are listed below. Here's why they are higher:
The Alexium International Group Ltd (ASX: AJX) share price has climbed almost 9% to 56 cents after the specialty chemicals company announced extremely strong demand from the mattress industry for its Alexicool product. I think Alexium is a very interesting company and one to watch. You can learn more about it through this article.
The MG Unit Trust (ASX: MGC) share price is up 3% to 62.5 cents. This morning Murray Goulburn increased its Southern Milk Region opening price and 2017/18 Farmgate Milk Price range. The company has revised the opening price to $5.20 per kilo of milk solids in order to assist in maintaining competitiveness and support the supplier base.
The Oliver's Real Food Ltd (ASX: OLI) share price is up 8% to 26 cents. The organic fast food company hit the ASX boards yesterday with a listing price of 20 cents and has now gained 30%. At one stage today its shares reached as high as 36 cents. If the company lives up to its prospectus forecasts, I feel it could prove to be a good investment.
The St Barbara Ltd (ASX: SBM) share price has climbed 4% to $2.90. The majority of Australia's gold miners have edged higher today following a slight rise in the gold price. At present the spot gold price is fetching US$1,252 an ounce, up almost 1% from yesterday's low.
