European share markets were up Thursday with the pan European STOXX 600 index closing at 11-week highs.
US share markets turned negative in the final hour of trade when the US Commander in Tweet announced a Friday press conference on China. Twitter shares also fell 4.5 per cent amid Trump’s ‘executive order’ threats.
The ASX200 Index bought into the drama, falling about 1.18 per cent in morning trade.
WINNERS
Here are the best performing ASX small cap stocks at 12pm Friday May 29:
Swipe or scroll to reveal the full table. Click headings to sort.
Dual-listed explorer RTG Mining (ASX:RTG) now has a mining licence for its high-grade Mabilo copper-gold project in the Philippines.
The stock led the winners in morning trade, up +100 per cent to 14c per share.
Fellow TSX/ASX dual listed Euro Manganese (ASX:EMN) is on the hunt for a strategic partner to assist with the development of the Chvaletice manganese project in the Czech Republic.
The advanced Chvaletice project “is highly strategic due to its well-connected location in the heart of Europe’s fast-growing electric vehicle and battery production supply chain”, the company says.
Euro Manganese — which has already received “expressions of interest from various parties” — was up ~45 per cent in morning trade.
Pharma play Acrux (ASX:ACR)climbed ~37 per cent to three-month highs after announcing a US distribution agreement.
Subject to FDA regulatory approval, US business partner TruPharma will commercialise Acrux’s products and the pair will share in gross profits.
LOSERS
Here are the worst performing ASX small cap stocks at 12pm Friday May 29:
Swipe or scroll to reveal the full table. Click headings to sort.
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