ASX stocks have copped a dose of the Friday Blues from Wall Street, after the major US indices all dipped to end the week.
Those falls followed a weaker-than-expected US retail sales print, prompting fears that not all is well in the world’s largest economy.
Down under, Australians are relatively cashed up and big retailers like Premier Investments (ASX:PMV) have reported strong trading updates this month.
But more broadly, local stocks are tracking for a Monday fall, with steeper declines in the Emerging Markets microcap index which is down almost 1.5 per cent into midday trade.
ASX microcaps are tracking about as well as the organisers of this year’s Australian Open, who are trying to run a major tennis tournament without causing a COVID-19 outbreak.
International arrivals have been forced into strict quarantine and one of them, Novak Djokovic, is pissed.
While one could argue the Djoker doesn’t have the best track record when it comes to the ‘rona, he’s issued a number of requests to tennis policymakers for players in quarantine, including the possibility of an early release following consecutive negative tests.
In response, the Victorian government has told Novak… no dice. The Open is scheduled to start on February 8. Stay tuned…
WINNERS
Here are the best performing ASX small cap stocks at 12pm Monday January 18:
Swipe or scroll to reveal the full table. Click headings to sort.
CODE NAME PRICE % CHANGE VOLUME MARKET CAP ENV Enova Mining Limited 0.027 50 833,620 $ 6,095,859 ANL Amani Gold Ltd 0.0015 50 6,572,500 $ 9,386,997 ANW Aus Tin Mining 0.0015 50 26,634,822 $ 5,090,013 CLZ Classic Min Ltd 0.0015 50 63,229,570 $ 16,734,968 SAN Sagalio Energy Ltd 0.037 28 693,544 $ 5,935,144 LIT Lithium Australia NL 0.125 26 20,129,439 $ 80,298,161 SPQ Superior Resources 0.0175 25 73,067,897 $ 19,279,030 VIA Viagold Rare Earth 0.035 25 74,000 $ 2,332,747 GGX Gas2Grid Limited 0.005 25 167,370 $ 5,343,988 MLS Metals Australia 0.0025 25 1,733,666 $ 8,381,807 EGY Energy Tech Ltd 0.18 24 132,883 $ 24,798,328 PWN Parkway Minls NL 0.011 22 8,922,123 $ 17,106,786 INP Incentiapay Ltd 0.03 20 894,400 $ 17,955,741 DNK Danakali Limited 0.43 19 607,110 $ 114,746,870 EGR Ecograf Limited 0.215 19 2,789,499 $ 65,517,618 WCN White Cliff Min Ltd 0.033 18 7,847,771 $ 14,479,776 GBR Greatbould Resources 0.053 18 2,736,461 $ 8,462,690 RLC Reedy Lagoon Corp 0.02 18 10,576,114 $ 7,985,474 AX8 Accelerate Resources 0.07 17 926,224 $ 9,410,868 HWK Hawkstone Mng Ltd 0.021 17 151,341,261 $ 27,208,324
Mining minnow Amani Gold (ASX:ANL) ticked higher in percentage terms (from a low base of 0.1c), although the Congo-based explorer only released an Appendix 2A related to the vesting of performance rights.
Also rising strongly was Superior Resources (ASX:SPQ), which said first assays from stage-two drilling at delivered gold hits of up to 184g/t at its Steam Engine project in North Queensland.
Lithium Australia (ASX:LIT) also jumped after the company announced it would not be renewing its exploration licences in Germany, after the pandemic “rendered work in these areas almost impossible” last year.
LOSERS
Here are the worst performing ASX small cap stocks at 12pm Monday January 18:
Swipe or scroll to reveal the full table. Click headings to sort.
CODE | NAME | PRICE | % CHANGE | VOLUME | MARKET CAP |
---|---|---|---|---|---|
EWC | Energy World Corpor | 0.064 | -21 | 2,852,568 | $ 145,446,165 |
XTC | Xantippe Res Ltd | 0.002 | -20 | 2,750,000 | $ 10,186,411 |
SI6 | SI6 Metals Limited | 0.032 | -18 | 90,454,385 | $ 53,385,158 |
BDM | Burgundy D Mines Ltd | 0.175 | -17 | 375,078 | $ 52,343,464 |
BDG | Black Dragon Gold | 0.093 | -15 | 129,917 | $ 14,778,897 |
CPV | Clearvue Technologie | 0.265 | -15 | 1,893,237 | $ 45,762,963 |
NPM | Newpeak Metals | 0.003 | -14 | 56,127,159 | $ 16,338,569 |
VIC | Victory Mines Ltd | 0.003 | -14 | 2,461,699 | $ 16,583,885 |
VPR | Volt Power Group | 0.003 | -14 | 326,000 | $ 32,093,367 |
ARE | Argonaut Resources | 0.013 | -13 | 23,242,286 | $ 43,693,072 |
CZR | CZR Resources Ltd | 0.014 | -13 | 1,659,500 | $ 45,648,302 |
FFX | Firefinch Ltd | 0.195 | -11 | 8,514,185 | $ 172,019,595 |
OKR | Okapi Resources | 0.215 | -11 | 58,000 | $ 10,905,243 |
DTM | Dart Mining NL | 0.17 | -11 | 188,845 | $ 18,989,640 |
ZEO | Zeotech Limited | 0.08 | -10 | 21,394,714 | $ 127,541,555 |
KKO | Kinetiko Energy Ltd | 0.135 | -10 | 240,902 | $ 86,575,606 |
CAD | Caeneus Minerals | 0.009 | -10 | 5,736,375 | $ 39,366,608 |
GTG | Genetic Technologies | 0.009 | -10 | 5,722,758 | $ 82,617,267 |
SHE | Stonehorse Energy Lt | 0.027 | -10 | 9,244,248 | $ 11,846,694 |
TSL | Titanium Sands Ltd | 0.027 | -10 | 1,020,000 | $ 24,973,348 |
SHO | Sportshero Ltd | 0.029 | -9 | 1,545,329 | $ 12,693,365 |