Another year, another round of upgraded Apple products — but this one just might be the strangest yet.

The company unveiled new MacBrook Pro models, new AirPods, a HomePod Miin smart speaker and…a US$19 “polishing cloth”.

At first glance there’s little difference to it and other cloths, except for the Apple logo.

But Apple says the product is “made with soft, non-abrasive material” and that it cleans any Apple display for any device – including nano-texture glass – safely and effectively.

Pic: Apple

And arguably most prestigious of all, it’s made by Apple.

It may not have prompted the big gains from new Apple product releases of years gone by, but shares in the tech giant still rose by 1.18% overnight.

On the ASX, local stocks climbed into midday trade following another steady session on Wall Street overnight.

The gains were led by a notable move in tech stocks, as the ASX 200 Information Technology index bounced back from yesterday’s falls.

With all eyes on the energy market, coal prices are ripping higher again while Brent crude oil has edged back below US$85/barrel.

So far, markets are still digesting the rates outlook as inflationary pressures bring the timeline for global interest rate hikes forward.

In that context, investors were on the lookout for any possible changes in the RBA minutes this morning, from the central bank’s October meeting.

However, the minutes showed the RBA is still committed to its current mantra — no rate hikes until 2024.

That outlook is now diverging widely from what the market thinks, with the first rate hike now priced for August 2022.

“Aussie rates are screaming out that the RBA is going to move on its forward guidance, any day now – will the RBA stick to their resolve?”, Pepperstone analyst Chris Weston asked this morning.

He added the market would “not be surprised to hear a small tweak in a statement or even a journalist close to the RBA prime the market for a change” in the weeks ahead.


Here are the best performing ASX small cap stocks for October 19 [intraday]:

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Stocks highlighted in yellow made market-sensitive announcements
Code Name Price % Change Volume
OAK Oakridge 0.002 100 1504976
LDR Lode Resources 0.29 93 21732764
ANL Amani Gold Ltd 0.003 50 5259994
NPM Newpeak Metals 0.0015 50 2550023
PCL Pancontinental Energ 0.0015 50 500000
WOO Wooboard Tech Ltd 0.0015 50 1250249
EVE EVE Investments Ltd 0.0055 38 117054430
TOU Tlou Energy Ltd 0.068 31 705233
BAS Bass Oil Ltd 0.0025 25 5928757
CCE Carnegie Cln Energy 0.0025 25 5494071
VIC Victory Mines Ltd 0.0025 25 11519165
SHG Singular Health 0.215 23 292378
TER Terracom Ltd 0.25 22 6909451
MRD Mount Ridley Mines 0.0085 21 30802613
SEG Sports Ent Grp Ltd 0.32 21 1659
CLE Cyclone Metals 0.006 20 1120841
RMI Resource Mining Corp 0.019 19 6859663
VAL Valor Resources Ltd 0.019 19 18413060
TIG Tigers Realm Coal 0.032 19 9595128
GGX Gas2Grid Limited 0.0035 17 824119
VBS Vectus Biosystems 1.925 16 5312
TYX Tyranna Res Ltd 0.008 14 13015996
BNL Blue Star Helium Ltd 0.065 14 3443954
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Goldie Lode Resources (ASX:LDR) rose after its latest exploration update in which it reported the intersection of multiple sulphides.

$8m food exporter EVE Investments (ASX:EVE) rose after its latest sales update in which it reported substantial sales growth – 66% in the last quarter in Australia and over 200% in the USA.

Singular Health (ASX:SGH) won funding from the CSIRO Kick-Start Program to undertake a research project with the CSIRO in the development of an Artificial Intelligence (AI)-based tool to automatically design replacement cranial implants.



Here are the worst performing ASX small cap stocks for October 19 [intraday]:

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

Stocks highlighted in yellow made market-sensitive announcements
Code Name Price % Change Volume
SKN Skin Elements Ltd 0.066 -34 3687839
NTL New Talisman Gold 0.002 -20 4504299
ZMI Zinc of Ireland NL 0.049 -17 387327
AVW Avira Resources Ltd 0.005 -17 505999
SHN Sunshine Gold Ltd 0.051 -16 8464645
AUQ Alara Resources Ltd 0.016 -16 1000000
A8G Australasian Gold 0.75 -15 1148700
FZR Fitzroy River Corp 0.12 -14 39100
AFR African Energy Res 0.033 -13 971215
LCD Latitude Consolidate 0.0465 -12 22853991
KPO Kalina Power Limited 0.029 -12 3449865
BEZ Besragoldinc 0.15 -12 605177
WWG Wisewaygroupltd 0.32 -11 22676
XST Xstate Resources 0.004 -11 31250
CGB Cann Global Limited 0.0045 -10 4321783
HLX Helix Resources 0.02 -9 5563537
LCT Living Cell Tech. 0.01 -9 6180107
MKG Mako Gold 0.1 -9 1013223
AO1 Assetowl Limited 0.0055 -8 2290
FAU First Au Ltd 0.011 -8 1516147
SI6 SI6 Metals Limited 0.011 -8 18012
WKT Walkabout Resources 0.185 -8 109
MAY Melbana Energy Ltd 0.026 -7 10278609
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Skin Elements (ASX:SKN) dropped as it re-entered the ASX after being suspended for several months.

Living Cell Technologies (ASX:LCT) dropped thanks to a capital raising.