Even if you got rekt lately on a small cap trade that turned sour, news out of Austria indicates it could always be worse.

A doctor in Freistadt received a fine for negligence after completing an amputation procedure… on the wrong leg.

Reports show an elderly patient attended at the hospital to have his left leg removed, only for doctors to mark up his right one instead.

Reasons for the mix-up weren’t clearly disclosed. Upon completion, the patient was then advised that his left leg would have to be amputated as well…

On markets, local stocks are yet to shrug off a case of the jitters this week, with the ASX 200 on track for its third fall in four days.

The selloff is heavier at the small end of town, as the ASX microcap Emerging Companies index fell by more than 2% in morning trade.

Following Jerome Powell’s comments earlier this week that the Fed may start tapering asset purchases earlier than expected, investor positioning looks to have centred around the idea of tighter liquidity.

In that environment, tech stocks came under pressure as the ASX 200 Information Technology index slumped by more than 3% (led by a sharp fall in Afterpay shares) — its fifth daily fall of at least 2% since the start of November.

Most of the major sectors are getting clipped, with gold stocks also down heavily again. Prices for the precious metal edged lower overnight as the USD continues to strengthen.

The only standout was banking stocks, as the ASX 200 Financials index posted a gain of around 0.4% in morning trade.
 

ASX SMALL CAP WINNERS

Here are the best performing ASX small cap stocks for December 2 [intraday]:

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Among ASX small caps with news, healthcare stock Advanced Human Imaging (ASX:AHI) (formerly MyFiziq) led the way after announcing its stitched up a definitive agreement with Canada-based health tech company Cubert Inc.

Under the terms of the deal, AHI’s body-scanning app will be integrated with Cubert’s FitTrack My Health, with access to Cubert’s global user base of more than 1.8m customers.

“The combined application will be made available in February 2022 across iOS and Android platforms,” AHI said.

Pharmacy distribution company Australian Pharma Industries (ASX:API) also rose sharply, following news it may become the subject of a bidding war between Wesfarmers and Woolworths.

Elsewhere, SME lender N1 Holdings rose by another 14% on no news. The stock has now risen by more than 200% since the end of June.

To get the wrap on all today’s resources winners, click here.
 

ASX SMALL CAP LOSERS

Here are the best performing ASX small cap stocks for December 2 [intraday]:

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