The 3 best performing ASX shares in the first trading week of 2023

Marc Kennis Marc Kennis, January 9, 2023

The 3 best performing ASX shares in the first trading week of 2023.

 

The 3 best performing ASX shares in the first week of trading in 2023 were Kalium Lakes (ASX:KLL), up 56.3%, Spenda (ASX:SPX), up 50%, and Grand Gulf Energy (ASX:GGE), up 31.6%.

 

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1. Kalium Lakes (ASX:KLL)

Industry: Resources

Kalium Lakes Limited (ASX:KLL) is an exploration and development company focused on developing the Beyondie Potash Project in Western Australia, aiming to produce sulphate of potash product for sale domestically and internationally.

Market Cap: $102m

12 month high / low: $0.024 – $0.145

 

Kalium Lakes

 

 

2. Spenda (ASX:SPX)

Industry: Software & Services

Spenda Limited (ASX:SPX, formerly Cirralto Limited) is a transaction services business supplying industries with a range of B2B payment services, digital trading software and integrated solutions. Spenda’s product suite delivers our customers an integrated digital business platform that manages transactions flow from quote to pay and on-demand lending.

Market Cap: $54m

12 month high / low: $0.008 – $0.056

 

Spenda

 

 

3. Grand Gulf Energy (ASX:GGE)

Industry: Energy

Grand Gulf Energy Limited (ASX:GGE) rounds out our 3 best performing ASX shares this week. GGE is an oil and gas exploration company focussed on exploration in productive oil and gas basins in the US. GGE main assets are the Dugas & Leblanc and Abita.

Market Cap: $39m

12 month high / low: $0.13 – $0.265

 

Grand Gulf Energy

 

 

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