New NSW premier Dominic Perrottet has wasted no time opening the door since he took office.

After a significant relaxing of local COVID-19 restrictions on Monday, the state government announced this morning that the quarantine dream nightmare will soon be a thing of the past.

From November 1, international travellers who test negative for COVID-19 before boarding their flight will be able to enter NSW without doing quarantine (home or hotel).

“We want people back,” Perrottet said. However, Australian citizens who return unvaccinated will still have to do their mandatory two-week stint in a hotel.

On markets, the ASX is up but local markets haven’t exactly picked up the baton from the S&P500 after a fairly barnstorming session on Wall Street overnight.

US stocks had their best month since March as a bunch of big earnings results beat expectations.

In a similar pattern to yesterday, two ASX sectors — tech and resources — are outperforming, with both indexes up by around 1% into midday trade.

There were more modest gains for banks and energy stocks, while gold stocks continued their recent rally after USD-denominated gold prices jumped back towards US$1,800oz this week.

 

ASX SMALL CAP WINNERS

Here are the best performing ASX small cap stocks for October 15 [intraday]:

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Stocks highlighted in yellow made market-sensitive announcements
Code Name Price % Change Volume
WOO Wooboard Tech Ltd 0.002 100.0% 895,776
AXP AXP Energy Ltd 0.013 85.7% 341,458,100
CL1 Class Limited 2.9 60.2% 1,531,992
XTC Xantippe Res Ltd 0.003 50.0% 144,743,326
PNM Pacific Nickel Mines 0.145 45.0% 813,804
TOR Torque Metals 0.31 40.9% 4,546,510
ARO Astro Resources NL 0.005 25.0% 1,009,951
CCE Carnegie Cln Energy 0.0025 25.0% 2,445,399
NTL New Talisman Gold 0.0025 25.0% 2,062,500
CZL Cons Zinc Ltd 0.042 23.5% 2,103,002
ENT Enterprise Metals 0.016 23.1% 2,819,126
SLC Superloop Limited 1.18 21.6% 6,062,727
ACP Audalia Res Ltd 0.017 21.4% 1,360,288
OVT Ovato Limited 0.003 20.0% 1,688,162
AJJ Asian Amer Medical 0.045 18.4% 599
KNB Koonenberry Gold 0.18 16.1% 40,882
A8G Australasian Gold 0.74 14.7% 646,342
SXY Senex Energy Limited 4.38 14.7% 1,412,837
LPI Lithium Pwr Int Ltd 0.435 14.5% 2,858,002
ARE Argonaut Resources 0.008 14.3% 3,155,370
PPL Pureprofile Ltd 0.072 14.3% 7,317,839
TER Terracom Ltd 0.2 14.3% 4,089,442
APC Aust Potash Ltd 0.11 13.4% 1,171,789
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Among stocks with news, Essential Metals (ASX:ESS) led the pack after advising the market of some strong assay results from a four-hole reverse circulation drilling program at its Pioneer Dome lithium project in WA.

BNPL play Payright (ASX:PYR) also gained ground following a trading update, where it said transaction volume rose to $27.6 million in Q1, flowing through to fee income of $3.8 million – up 14% on the prior quarter.

Most of today’s winners were in the resources space, but media business Motio (ASX:MXO) climbed off recent lows after a shareholder letter where it said Q1 had been a “challenging” environment for the national advertising market, but the company was focused on a number of initiatives to drive growth in the year ahead.

Health tech platform Rhinomed (ASX:RNO), which develops wearable nasal technology to improve breathing, also rose strongly on no news as it pushes back towards 2021 highs near 40c — up from around 10c in May.

 

ASX SMALL CAP LOSERS

Here are the worst performing ASX small cap stocks for October 15 [intraday]:

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

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