Here’s one China-reliant commodity that not only isn’t affected, but is soaring right now.

Wool prices in Australia are up over 30 per cent this month to $11.17 per kilogram, according to Bloomberg.

Indeed, with over 90 per cent of wool going to China right now, it is Sino demand (along with domestic textile shortages) pushing up prices.

China’s buying spree is also more than making up for other wool export markets such as India and Italy being quiet in recent months.

To (Other) Markets:

To local markets and the ASX 200 dropped by 0.33 per cent to 6,153 at 12pm while the ASX Small Ords fell by 0.74 per cent to 2,861.

While US stocks finished last night’s trade higher with hopes of a stimulus deal by the end of the week, European markets fell as the second wave of COVID-19 continued to bite.

Earlier this week Ireland became the first European country to return to a nation-wide lockdown.

 

WINNERS:

Here are the best performing ASX small cap stocks at 12pm Friday, October 23:

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

Code Company Price % Volume MktCap
JPR Jupiter Energy 0.065 86 17223435 $ 5,368,219.26
AVE Avecho Biotech Ltd 0.016 78 35737512 $ 14,377,116.78
AMO Ambertech Limited 0.19 58 3011258 $ 9,174,599.40
ANW Aus Tin Mining 0.0015 50 10725186 $ 3,551,996.29
CSX Cleanspace Holdings 6.5 47 2478357 $ 339,656,096.43
FRX Flexiroam Limited 0.024 41 1511635 $ 6,917,962.22
RIE Riedel Resources Ltd 0.029 38 13366009 $ 8,779,463.68
PSL Paterson Resources 0.004 33 1029680 $ 13,516,599.18
KIS King Island 0.08 33 1200001 $ 15,882,564.18
PAK Pacific American Hld 0.028 33 15421309 $ 6,606,282.90
GUL Gullewa Limited 0.15 30 95775 $ 18,163,456.50
HWK Hawkstone Mng Ltd 0.0155 29 115278227 $ 14,638,880.10
8IH 8I Holdings Ltd 0.34 28 166265 $ 95,866,159.12
EXR Elixir Energy Ltd 0.14 27 6577389 $ 77,341,947.10
EM1 Emerge Gaming Ltd 0.125 26 38758928 $ 70,546,902.72
NCR Nucoal Resources Ltd 0.01 25 84500 $ 6,148,898.83
ROG Red Sky Energy. 0.0025 25 1500000 $ 4,072,366.55
SPQ Superior Resources 0.0135 23 31390588 $ 12,738,328.97
TIN Tnt Mines Limited 0.265 20 7840024 $ 7,587,488.48
ALT Analytica Limited 0.003 20 578683 $ 8,799,030.83
ESR Estrella Res Ltd 0.17 19 21598415 $ 114,223,430.71

Another day, another solid ASX entrant. Face mask maker Cleanspace (ASX:CSX) is enjoying a solid first trading day, up 40 per cent.

Today’s biggest winner was one of the most mysterious stocks, in Kazakhstan-focused oil play Jupiter Energy (ASX:JPR). It rose over 80 per cent cent after releasing its quarterly in which is revealed it had sold approximately 39,600 barrels of oil equating to US$693,000.

In resources, the biggest winner was King Island (ASX:KIS). It climbed after completing a $2.5 million capital raising which will help it further advance its tungsten project on King Island.

TNT Mines (ASX:TIN) rose too after acquiring a couple of gold projects in Western Australia. The project is owned by Warriedar Mining – a private explorer headed by former executives from last year’s gold success story Spectrum Metals (ASX:SPX).

 

LOSERS:

Here are the best performing ASX small cap stocks at 12pm Friday, October 23:

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

Code Company Last % Volume MktCap
ILU Iluka Resources 5.34 -46 3499987 $ 4,185,419,841.90
BAS Bass Oil Ltd 0.001 -33 2550000 $ 5,013,210.14
QFY Quantify Tech Ltd 0.002 -20 5375000 $ 5,021,374.36
VAL Valor Resources Ltd 0.005 -17 18671601 $ 11,525,088.51
TCN Techniche Limited 0.045 -15 833075 $ 11,168,124.44
TKM Trek Metals Ltd 0.089 -11 944197 $ 21,002,035.80
ESH Esports Mogul Ltd 0.0205 -11 99721344 $ 46,990,525.54
DUB Dubber Corp Ltd 1.21 -10 2546652 $ 280,031,239.43
RWD Reward Minerals Ltd 0.135 -10 49070 $ 24,389,408.55
AOA Ausmon Resorces 0.009 -10 27709534 $ 6,806,593.43
AYM Australia United Min 0.018 -10 935567 $ 36,851,549.70
SYA Sayona Mining Ltd 0.009 -10 120000 $ 28,431,914.30
ZEU Zeus Resources Ltd 0.018 -10 161000 $ 3,603,000.00
AVW Avira Resources Ltd 0.01 -9 6756581 $ 15,125,000.00
AZI Alta Zinc Ltd 0.005 -9 5198375 $ 19,858,845.47
SGI Stealth Global 0.07 -9 129597 $ 7,307,300.00
FEL Fe Limited 0.03 -9 514320 $ 16,566,878.46
WC8 Wildcat Resources 0.042 -9 2308319 $ 23,092,000.00
HRZ Horizon 0.11 -8 232261 $ 68,157,024.00
KNO Knosys Limited 0.11 -8 112109 $ 17,860,269.12
SI6 Six Sigma Metals Ltd 0.011 -8 3245196 $ 13,309,555.28

Microcap tech stock Techniche (ASX:TCN) unveiled plans to delist from the ASX. It said being publicly listed was not worth the compliance costs for the company and its share price did not reflect the true value of the company.