Why these 4 ASX shares started the week with strong gains

The a2 Milk Company Ltd (Australia) (ASX:A2M) share price is one of four starting the week with strong gains. Here's why…

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The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) has had a positive start to the week and finds itself 0.5% higher to 5,730 points in afternoon trade.

Four shares climbing more than most today are listed below. Here's why they have started the week with gains:

The a2 Milk Company Ltd (Australia) (ASX:A2M) share price has climbed almost 4% to $5.37 despite there being no news out of the fast-growing dairy company. But with its shares being sold off at the end of last week, some investors appear to have taken the opportunity to snap up shares at a cheaper price.

The BT Investment Management Ltd (ASX: BTT) share price is up 3.5% to $10.78. Investors appear to have taken a shine to the fund manager after the British pound strengthened considerably last week. As BTIM generates a significant portion of its revenue in the UK, it could benefit from the favourable currency movements.

The Vocus Group Ltd (ASX: VOC) share price is up almost 4% to $2.44. This morning the telco company revealed that one of its directors has added to his indirect interest in the company with the purchase of 106,000 shares on-market.

The XERO FPO NZX (ASX: XRO) share price has climbed almost 4% to $26.48. At the start of trade today the online accounting software provider was added to the S&P/ASX 300 Index. This may have brought Xero onto the radar of a number of fund managers who previously were unable to invest in the company's shares.

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of A2 Milk, Vocus Communications Limited, and Xero. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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