Which ASX 300 shares are making the biggest moves on Tuesday?

The ASX 300 is spending the day in the red…

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

The S&P/ASX 300 Index (ASX: XKO) is in reverse in afternoon trade today. At the time of writing, the ASX 300 is down 0.32% to 7,508 points.

Let's take a look at which ASX companies are leading the charge today.

Two men celebrate while another holds his head in his hands, after watching the race.

Image source: Getty Images

Flight Centre Travel Group Ltd (ASX: FLT)

The Flight Centre share price accelerated 6% to a 5-month high of $18.55 in morning trade. At the time of writing it has fallen slightly to $18.40, still a gain of 5.14%.

The rise comes despite no news out of the travel agent since its positive market release last week.

A possible catalyst for the strong rise in the company's shares could be Australia's accelerated vaccination program.

Current estimates indicate that in a little over two months, Australia will have 70% of its citizens fully vaccinated. This will allow state governments to relax harsh restrictions, and reopen the economy.

Imugene Limited (ASX: IMU)

The Imugene share price is surging by 5.50% to 42 cents despite no news coming from the clinical-stage immuno-oncology company.

It appears investors are taking advantage of Imugene shares, following the inclusion to the ASX Index. This is set to occur officially prior to the market open on September 20.

Chalice Mining Ltd (ASX: CHN)

Another big mover on the ASX 300 is the Chalice share price, up 5.48% to $7.32.

The gold explorer has been on the move this week due to the rising spot price of gold. Demand for the yellow metal has soared since 2 September to hit US$1,826 per ounce.

And the biggest fallers for the day?

Johns Lyng Group Ltd (ASX: JLG)

The worst performer on the ASX 300 today is the Johns Lyng share price, down 5.53% to $5.81.

After the building services group's shares gained almost 12% since 27 August, some investors have taken profit off the table.

Over the past 12 months, Johns Lyng shares are up more than 120%, and more than 80% year to date.

Centuria Office REIT (ASX: COF)

Lastly, the Centuria Office REIT share price is also heading lower on Tuesday, declining 5.21% to $2.455.

The property company announced the successful completion of its institutional entitlement offer, raising $129 million.

A further $72 million is expected to be raised in a retail entitlement offer, opening next Monday to eligible shareholders.

Motley Fool contributor Aaron Teboneras has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Flight Centre Travel Group Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

More on Share Market News

Share Market News

Testing again

Read more »

Share Market News

Aaron Test 2

Read more »

Share Market News

Aaron Test

Read more »

Share Market News

JP Test

Read more »

Share Market News

JP Test

Read more »

Portrait of Discovery Fund portfolio managers Mark Devcich and Chris Bainbridge
Share Market News

Test

Portfolio managers Mark Devcich (left) and Chris Bainbridge. Image source: Discovery Fund test test

Read more »

a man in a hoodie grins slyly as he sits with his hands poised on a keyboard. He is superimposed with a graphic image of a computer screen asking for a password, suggesting he is a hacker.
Share Market News

Another ASX 200 company has been hit with a cyber incident. Here's what we know

Hackers have breached the systems of this ASX 200 company.

Read more »

a woman
Broker Notes

5 ASX 200 shares that inflation can't touch: expert

Regardless of whether you're a bull or a bear, cost pressures are a factor when buying stocks at the moment.

Read more »