Tennis Singles world No.1 Ash Barty knows how to switch off. Barty had fans smiling in her post-match on-court interview after winning the semi-final of the Australian Open yesterday, saying she wouldn’t watch the second semi-final.
“It will be a hell of a match tonight. I probably won’t watch it, though,” she said smiling.
“Tyzz (her coach Craig Tyzzer) can watch that. We keep doing our thing, our routines and come out here on Saturday, enjoy it, a massive smile on my face and see what happens.”
Barty, well known for being prepared for each match, will face American Danielle Collins as the first local player to reach the Australian Open Women’s final in 42 years.
For investors, perhaps taking a lesson from Ash Barty’s game book and learning to switch off might be wise, this week.
At midday, the ASX looked like it was going to retreat after an early morning surge, before lifting sharply going into the afternoon session.
The S&P/ASX 200 has gained 1.24% at 12.45pm to 6922.90 after setting a new 100-day low. The mid-week Australia Day public holiday failed to dampen pressure on local equity markets, spooked by rising inflation, rate-hike uncertainty, COVID and fears of an Ukraine-Russia war.
Overnight, US recording its strongest economic growth in almost 40 years, but Wall Street still moved into correction territory, with all three US stock markets tumbling.
The US GDP expanded at a quarterly increase of 1.7% or an annualised rate of 6.9%, the highest level since 1984.
But the positive economic news failed to calm markets. The S&P 500 fell by 0.54%, the Dow Jones by 0.02% and tech heavy Nasdaq by 1.40%. The Nasdaq index was dragged down by Tesla, plunging 11.55%.
In Crypto, Bitcoin was trending up 0.88% at ~US$37,194 through midday trade, while Ethereum was 0.87% down at ~US$2,438.
ASX SMALL CAP WINNERS
Here are the best performing ASX small cap stocks for January 28 [intraday]:
Swipe or scroll to reveal full table. Click headings to sort:
| Code | Company | Price | % | Market Cap |
|---|---|---|---|---|
| ANL | Amani Gold Ltd | 0.002 | 100.0% | $22,875,564 |
| NPM | Newpeak Metals | 0.0015 | 50.0% | $7,649,750 |
| NTL | New Talisman Gold | 0.002 | 33.3% | $4,690,838 |
| IEC | Intra Energy Corp | 0.02 | 33.3% | $6,838,240 |
| AUQ | Alara Resources Ltd | 0.055 | 27.9% | $30,333,457 |
| CLE | Cyclone Metals | 0.005 | 25.0% | $19,812,503 |
| GTG | Genetic Technologies | 0.005 | 25.0% | $36,935,861 |
| YPB | YPB Group Ltd | 0.0025 | 25.0% | $12,235,667 |
| DLT | Delta Drone Intl Ltd | 0.023 | 21.1% | $5,697,840 |
| ENA | Ensurance Ltd | 0.24 | 20.0% | $17,936,987 |
| GGX | Gas2Grid Limited | 0.003 | 20.0% | $10,145,255 |
| KEY | KEY Petroleum | 0.003 | 20.0% | $4,919,820 |
| AKO | Akora Resources | 0.28 | 19.1% | $12,300,712 |
| ARR | American Rare Earths | 0.33 | 17.9% | $109,923,487 |
| ADS | Adslot Ltd. | 0.021 | 16.7% | $35,676,113 |
| ARE | Argonaut Resources | 0.0035 | 16.7% | $10,818,614 |
| PCL | Pancontinental Energ | 0.0035 | 16.7% | $21,462,668 |
| T3D | 333D Limited | 0.0035 | 16.7% | $8,412,557 |
| G50 | Gold50Limited | 0.25 | 16.3% | $12,043,870 |
| WIA | WIA Gold Limited | 0.073 | 15.9% | $29,126,026 |
| BNZ | Benzmining | 0.63 | 14.5% | $28,278,744 |
| AXP | AXP Energy Ltd | 0.008 | 14.3% | $40,685,265 |
| OEX | Oilex Ltd | 0.004 | 14.3% | $24,895,330 |
| RIM | Rimfire Pacific | 0.008 | 14.3% | $12,643,713 |
| VRX | VRX Silica Ltd | 0.165 | 13.8% | $80,968,439 |
Intra Energy Corp (ASX:IEC) saw its share price rally after announcing Century Minerals had agreed to transfer a 70% undivided share in the Tenement to IEC after meeting several considerations.
Delta Drone (ASX:DLT) has entered into a deal with a consortium of investors led by Medigus (NASDAQ: MDGS) and facilitated by Israeli venture capital firm L.I.A Pure Capital to sell its drone safety business ParaZero Technologies for $6 million.
ASX SMALL CAP LOSERS
Here are the worst performing ASX small cap stocks for January 28 [intraday]:
Swipe or scroll to reveal full table. Click headings to sort:
| Code | Company | Last | % | Market Cap |
|---|---|---|---|---|
| ADO | Anteotech Ltd | 0.23 | -27.0% | $621,830,283 |
| AHI | Adv Human Imag Ltd | 0.485 | -20.5% | $99,119,078 |
| BUD | Buddy Tech | 0.011 | -18.5% | $46,815,208 |
| LNY | Laneway Res Ltd | 0.005 | -16.7% | $26,934,396 |
| AOA | Ausmon Resorces | 0.006 | -14.3% | $5,615,325 |
| AS2 | Askarimetalslimited | 0.33 | -14.3% | $11,820,060 |
| VOR | Vortiv Ltd | 0.024 | -14.3% | $13,771,388 |
| EVE | EVE Health Group Ltd | 0.0035 | -12.5% | $15,372,568 |
| HRL | Hrlholding | 0.088 | -12.0% | $49,438,131 |
| CII | CI Resources Limited | 0.97 | -11.8% | $127,139,218 |
| BEX | Bike Exchange Ltd | 0.12 | -11.1% | $18,587,292 |
| PX1 | Plexure Group | 0.4 | -11.1% | $159,112,071 |
| AO1 | Assetowl Limited | 0.004 | -11.1% | $3,672,923 |
| AQX | Alice Queen Ltd | 0.008 | -11.1% | $12,332,007 |
| PKO | Peako Limited | 0.016 | -11.1% | $5,552,174 |
| MHI | Merchant House | 0.073 | -11.0% | $7,729,853 |
| BOC | Bougainville Copper | 0.375 | -10.7% | $168,446,250 |
| JAY | Jayride Group | 0.17 | -10.5% | $33,513,009 |
| AER | Aeeris Ltd | 0.13 | -10.3% | $10,379,659 |
| MMC | Mitremining | 0.18 | -10.0% | $5,417,020 |
| ZBT | Zebit Inc. | 0.18 | -10.0% | $18,927,043 |
| SBR | Sabre Resources | 0.0045 | -10.0% | $8,639,068 |
| TAR | Taruga Minerals | 0.036 | -10.0% | $20,482,400 |
AnteoTech (ASX: ADO) saw its share price sink after a receiving a request from the Therapeutics Goods Administration for further information on its EuGeni Reader and COVID-19 rapid antigen test.