The ASX has opened at five-week highs with a gain of around 0.5% in Monday trade.

That outpaced the small caps, with the microcap Emerging Markets index trading flat to start the week.

Gains were again led by the ASX 200 Energy index which rose +2%, as the market re-calibrates earnings forecasts as oil prices consolidate higher.

Resources also got off to a strong start, with smaller gains for bank stocks.

Gold prices are holding steady just below US$1,800/oz, while the Aussie dollar remains supported just below US75c with no risk-off indicators to start the week in Asian trade.

Looking ahead this week, key data domestically will be led by Q3 inflation data on Wednesday. Get all the details in the latest Stockhead trader’s diary.

ASX SMALL CAP WINNERS

Here are the best performing ASX small cap stocks for October 25 [intraday]:

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

Stocks highlighted in yellow made market-sensitive announcements
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Among stocks with news, base metals explorer Buxton Resources (ASX:BUX) was a comfortable leader, ripping higher by more than 70% after flagging a number of potential suitors for its ‘Copper Wolf’ porphyry project in Arizona.

Get the full resources wrap — including some porphyry monsters and more lithium hits — here.

Also high up on the winner’s list today was fintech minnow Rewardle Holdings (ASX:RXH), which got a boost after flagging a distribution tie-up for its online marketing platform with cafe directory Beanhunter.

And as September quarterlies continue to roll out, ASX games developer Playside Studios (ASX:PLY) caught the market’s attention with a 114% annualised lift in quarterly revenues. Get the full quarterlies wrap here.

ASX SMALL CAP LOSERS

Here are the worst performing ASX small cap stocks for October 25 [intraday]:

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

Stocks highlighted in yellow made market-sensitive announcements
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