Small caps had clawed back some of Friday’s losses at noon, but were lagging their larger peers following an announcement that Australia’s central bank would buy double the number of bonds it purchases as part of its quantitative easing program.

The Small Ordinaries index was up 27.2 points, or 0.87 per cent, at lunchtime, after falling 49.6 points, or 1.56 per cent, on Friday.

The Emerging Companies micro-cap index was up just 0.34 per cent after dropping 1.74 per cent on Friday.

The ASX200 meanwhile was up 101.6 points, or 1.52 per cent, after the Reserve Bank of Australia offered to buy $4 billion of longer-dated bonds, double the normal amount, in an attempt to keep rising bond yields down. Yields soared last week as investors left the safety of bonds for shares, putting pressure on risk assets such as tech shares.

Tech was the second-biggest gainer at lunchtime, collectively rising 3.5 per cent, while the property sector had gained 3.8 per cent.

Every sector was higher except for materials, which had fallen 0.6 per cent.

All the major buy now, pay later companies were up, with Afterpay (ASX:APT) rising 5.6 per cent to $126.25 and Zip Co (ASX:Z1P) advancing 6.4 per cent to $11.06.

WINNERS

Here are the best performing ASX stocks this morning.

Swipe or scroll to reveal the full table. Click headings to sort.

Stocks highlighted in yellow have made market-moving announcements
CODE NAME PRICE % CHANGE VOLUME MARKET CAP
AJL AJ Lucas Group 0.1 300 41214744 $ 29,907,165.88
GLE GLG Corp 0.425 89 85860 $ 16,672,500.00
ANL Amani Gold 0.0015 50 3000000 $ 10,786,996.75
ANW Aus Tin Mining 0.0015 50 63045173 $ 7,962,318.38
YPB YPB Group 0.003 50 224424232 $ 9,442,102.58
BAS Bass Oil 0.002 33 495000 $ 5,013,210.14
PCL Pancontinental Oil 0.002 33 17897901 $ 9,010,073.23
NCL Netccentric 0.215 26 484818 $ 44,625,000.00
ATR Astron Corp 0.29 26 32282 $ 28,169,727.94
BDM Burgundy D Mines 0.42 20 954046 $ 87,239,106.15
PIL Peppermint Inv 0.038 19 79146395 $ 44,272,142.82
SPQ Superior Resources 0.013 18 402750 $ 15,147,809.14
MGT Magnetite Mines 0.027 17 32270466 $ 65,696,122.68
OEX Oilex 0.0035 17 5284860 $ 12,500,328.07
ZGL Zicom Group 0.105 15 104594 $ 19,759,810.98
NC6 Nanollose 0.115 15 372500 $ 11,914,909.50
FPL Fremont Petroleum 0.004 14 15782603 $ 16,374,793.82
DCL Domacom 0.08 14 325174 $ 21,405,566.98
VML Vital Metals 0.057 14 42690637 $ 133,734,731.10
TPC TPC Consolidated 2.39 14 28000 $ 23,888,787.30
GDA Good Drinks Aus 0.1 14 1289561 $ 110,991,546.95
TEM Tempest Minerals 0.034 13 162320 $ 8,153,739.18
RAC Race Oncology 3.95 13 704009 $462,185,760.50

AJ Lucas (ASX:AJL) has been the biggest gainer, its shares trading as high as 12c after the oil and gas explorer announced it had swung to a $9.9 million half-year profit, compared to a $10.3 million loss a year ago.

Aus Tin Mining (ASX:ANW) was up 50 per cent to 42.5c after raising $2 million in an placement to professional and sophisticated investors.

YPB Group (ASX:YPB) was also gaining on the back of a capital raising, this one for $750,000. Shares in the product authentication company were up 50c to 0.25c.

LOSERS

CODE NAME PRICE % CHANGE VOLUME MARKET CAP
LME Limeade 1.07 -28 418040 $ 368,814,378.60
WSI Weststar Industrial 0.016 -22 9667812 $ 19,997,269.25
MLS Metals Australia 0.002 -20 600000 $ 10,477,258.94
UUV UUV Aquabotix 0.0025 -17 36100859 $ 7,165,124.43
SIO Simonds Grp 0.51 -15 41213 $ 86,304,993.00
AIQ Alternative Invest 0.115 -15 11000 $ 37,813,168.85
AQS Aquis Ent 0.385 -14 762161 $ 16,073,629.20
TER Terracom 0.12 -14 533566 $ 105,505,068.20
BPH BPH Energy 0.17 -14 8333070 $ 129,591,078.24
4CE Force Com 0.019 -14 8407279 $ 21,755,818.88
BLY Boart Longyear 0.65 -13 89514 $ 66,383,850.00
CAF Centrepoint Alliance 0.23 -13 308884 $ 38,234,986.79
AUH Austchina Holdings 0.014 -13 20250790 $ 26,145,989.78
TIG Tigers Realm Coal 0.007 -13 636363 $ 104,428,758.14
PF1 Pathfinder Resources 0.21 -13 321716 $ 11,933,805.60
WNR Wingara Ag 0.145 12 107256 $ 21,909,075.05
PEN Peninsula Energy 0.11 -12 8544233 $ 111,668,953.13
BMN Bannerman Resources 0.115 12 784907 $ 154,587,911.14
CNB Carnaby Resource 0.235 -11 221281 $ 31,222,468.81
AOA Ausmon Resorces 0.008 -11 2430772 $ 6,395,934.09
CAV Carnavale Resources 0.008 -11 2250631 $ 18,380,072.73
TMK Tamaska Oil Gas 0.008 -11 173507 $ 8,460,000.00

Weststar Industrial (ASX:WSI) was down 22 per cent to 1.6c after the engineering, construction and mining contractor announced a $577,257 loss, compared to a $495,616 profit a year ago.