Closing Bell: Market fades to a grubby finale leaving little to light up the long weekend
News
News
The ASX200 has thrown up all of its hands in disgust, after an overnight sell off on Wall Street proved to be too much of a harbinger to ignore. However, a couple of Small Cap curiosities have bucked the trend, so at least someone’s heading home happy today.
There was nary a verdant index in the house following a frustratingly dismal day, as the overall markets took their lead from the eastern states’ weather and went racing well-below zero.
The ASX200 dropped more than 1.0% for the day to end the week considerably lower than it began, with – as the morning session foreshadowed – Energy, Real Estate, Info Tech and Basic Materials all causing heartburn.
Lowlights among the top end of towners were Alumina (ASX:AWC) and Lynas (ASX:LYC), followed closely by Block Inc (ASX:SQ2), with a late break for the basement from Heartland Group Holdings (ASX:HGH), which sank close to 12% before the markets showed mercy by closing for the day.
The very ordinary week was punctuated by some moments of top-shelf oddity – most curious of all sprang from the ranks of the iron-folk. We’ll let Reuben tell the whole story, but – spoiler alert – Pearl Gull Iron (ASX:PLG) has banked a week that provided a whole lotta movement on not a whole lotta news.
But in arguably the very best news from the past few days, it’s a long weekend for the ASX. Stay warm and safe and all that funky stuff (unless you don’t want to… we’re not going to judge. Much.)
(Stocks highlighted in yellow rose after making announcements during the trading day).
Scroll or swipe to reveal table. Click headings to sort.
Code | Company | Price | % | Volume |
---|---|---|---|---|
LKO | Lakes Blue Energy | 0.0015 | 50% | 217,479,367 |
PLG | Pearl Gull Iron limited | 0.071 | 42% | 15,496,886 |
PRM | Prominence Energy | 0.0025 | 25% | 24,603,408 |
SIH | Sihayo Gold Limited | 0.0025 | 25% | 240,000 |
WBE | Whitebark Energy | 0.0025 | 25% | 21,557,705 |
HE8 | Helios Energy Ltd | 0.096 | 25% | 3,330,409 |
RIE | Riedel Resources Ltd | 0.011 | 22% | 1,641,086 |
FRS | Forrestania Resources | 0.17 | 21% | 234,880 |
BAT | Battery Minerals Ltd | 0.006 | 20% | 5,312,710 |
SUH | Southern Hem Min | 0.02 | 18% | 1,093,072 |
ARO | Astro Resources NL | 0.0035 | 17% | 1,373,806 |
CZL | Cons Zinc Ltd | 0.022 | 16% | 1,051,774 |
W2V | Way2Vatltd | 0.052 | 16% | 493,164 |
MRZ | Mont Royal Resources | 0.335 | 16% | 59,883 |
VAL | Valor Resources Ltd | 0.008 | 14% | 7,860,654 |
GTE | Great Western Exp. | 0.09 | 14% | 481,657 |
RFA | Rare Foods Australia | 0.058 | 14% | 420,702 |
AQC | Auspaccoal Ltd | 0.17 | 13% | 195,320 |
MKR | Manuka Resources. | 0.22 | 13% | 265,319 |
CPO | Culpeo Minerals | 0.32 | 12% | 4,915,949 |
JXT | Jaxsta Ltd | 0.029 | 12% | 463,679 |
HPP | Health Plant Protein | 0.09 | 11% | 50,000 |
LDX | Lumos Diagnostics | 0.15 | 11% | 2,951,502 |
PWN | Parkway Corp Ltd | 0.01 | 11% | 2,685,578 |
SBR | Sabre Resources | 0.005 | 11% | 630,800 |
(Stocks highlighted in yellow fell after making announcements during the trading day).
Scroll or swipe to reveal table. Click headings to sort.
Code | Company | Last | % | Volume |
---|---|---|---|---|
T3D | 333D Limited | 0.001 | -50% | 395714 |
ALT | Analytica Limited | 0.001 | -33% | 479151 |
TSL | Titanium Sands Ltd | 0.012 | -20% | 969300 |
GGX | Gas2Grid Limited | 0.002 | -20% | 30 |
GLV | Global Oil & Gas | 0.004 | -20% | 31402252 |
PVS | Pivotal Systems | 0.21 | -19% | 83812 |
ILA | Island Pharma | 0.15 | -19% | 11000 |
ADS | Adslot Ltd. | 0.013 | -19% | 1507342 |
GLA | Gladiator Resources | 0.022 | -19% | 1388018 |
PNR | Pantoro Limited | 0.245 | -18% | 6022882 |
TCG | Turaco Gold Limited | 0.066 | -18% | 1145080 |
CI1 | Credit Intelligence | 0.095 | -17% | 178347 |
AXP | AXP Energy Ltd | 0.005 | -17% | 15590306 |
MRD | Mount Ridley Mines | 0.005 | -17% | 4066854 |
FFG | Fatfish Group | 0.022 | -15% | 886873 |
VIP | VIP Gloves | 0.011 | -15% | 1185749 |
A8G | Australasian Metals | 0.255 | -15% | 83314 |
AKO | Akora Resources | 0.2 | -15% | 72647 |
ATV | Activeportgroupltd | 0.09 | -14% | 400271 |
FIN | FIN Resources Ltd | 0.018 | -14% | 1256308 |
MEG | Megado | 0.09 | -14% | 397303 |
AOA | Ausmon Resorces | 0.006 | -14% | 526610 |
CAD | Caeneus Minerals | 0.006 | -14% | 1184143 |
RMX | Red Mount Min Ltd | 0.006 | -14% | 1295577 |
KCC | Kincora Copper | 0.081 | -14% | 10286 |
Downer EDI Limited (ASX:DOW) revealed that its been awarded an Electrical Field Services Agreement with Powerco worth approximately $360 million over a maximum term of five years (three years initial terms with an option to extend another two). The deal will see Downer provide construction, maintenance and fault repair services to Powerco’s electricity distribution network on New Zealand’s North Island.
Meanwhile, Flinders Mines Limited (ASX:FMS) has informed the market about progress of exploration activities at its Canegrass Project in Western Australia. Highlights from reverse circulation percussion (RCP) drilling intersects vein-hosted gold mineralisation on structural trends associated to the Honeypot and Boulder prospects include:
Honeypot:
Boulder:
In addition, FMS is smiling about an elevated copper (2m grading 0.56% Cu from 32m) intercept in drillhole CGRC0031.
Orion Minerals Ltd (ASX:ORN) – Announcement pending
Medallion Metals Limited (ASX:MM8) – Announcement pending