ASX Small Cap Lunch Wrap: Who got a surprise visitor today?
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It sounds like the plot from Mission Impossible, but a British family had a surprise visitor when Tom Cruise landed in a helicopter in their field.
Turns out he’s filming the next movie in the franchise and was running late to a meeting.
“I thought it would be kind of cool for the kids to see the helicopter land in the garden,” Alison Webb said.
“He [Tom Cruise] basically arrived and got out and it was like ‘Wow’.”
The family had only been told an unnamed VIP needed somewhere to land as the nearby airport was shut.
Aussie stocks are lifting for the third day in a row, with the ASX 200 up 20 points or 0.27% to 7,523.20 around midday today.
Mining stocks are lifting strongly, with the iron ore price now rebounding after some heavy falls. BHP Group (ASX:BHP) is following suit up 1.49%, along with Rio Tinto (ASX:RIO) up 3.17%, and FMG (ASX:FMG) up 4%.
Energy stocks are also lifting with the oil price up ~3%, after FDA approval of a COVID-19 vaccine in the US raised hopes of greater mobility and higher oil demand.
Hotels, restaurant, leisure and airline stocks also rose in further response to the regulatory approval of the Pfizer-BioNTech vaccine – which has boosted broader market sentiment, raising hopes that more unvaccinated people will get the shot, potentially diminishing a threat to the economic outlook.
“The more that we have people vaccinated, the more that we have a chance at seeing the light at the end of the tunnel for Covid being the dominant headline of the day,” Bernstein Private Wealth Management co-head of investment strategies Beata Kirr said.
Here are the best performing ASX small cap stocks for August 25 [intraday]:
Swipe or scroll to reveal full table. Click headings to sort:
The biggest small cap winner today was Classic Minerals (ASX:CLZ) up 50% on no news.
It was followed by Wisetech Global (ASX:WTC), which ripped higher by 45% before going into a trading halt.
WTC’s results showed it grew annual revenue by 18% to $507.5 million, and its profit after tax by 101% to $105.8 million.
“We have continued to see a ‘goods-led’ recovery in global trade resulting in tighter capacity, congestion and higher rates in global logistics channels,” CEO Richard White said.
“We are seeing consolidation within the sector and increased investment in replacing legacy systems with integrated global technology such as CargoWise, that drives productivity and facilitates planning, visualisation and control of global operations.”
Cyclone Metals (ASX:CLE) was up 40% on no news, with Australasian Gold (ASX:A8G) up 33% off the back of news it had applied for an exploration license in the Anningie pegmatite province in the Northern Territory – which is considered highly prospective for hard rock lithium mineralisation.
And Bigtincan Holdings (ASX:BTH) jumped 22% after completing a $79.4 million capital raising.
The biggest loser today was Pancontinental Oil (ASX:PCL) down 33% on no news.