ASX Small Cap Lunch Wrap: Who’s thinking quick on their feet today?

In case you missed it, fans at the Miami-Appalachian State NFL game in Miami on the weekend made the craziest catch of the game.

But it wasn’t a football.

A stray cat somehow got into the stadium and fell from the upper deck – but some quick-thinking fans managed to use an American flag to catch it.

Miami coach Manny Diaz learned of the incident after the game.

“I don’t know anything about that or what was going on,” he said.

“But I’ll tell you, if the cat will help us in our red-zone offense I’m going to see if we can give it a scholarship.”

 

To Markets …

In a solid start to the week, the ASX 200 is up 26.10 points or 0.35% at midday today to 7431.50.

The CBA Global Economic and Markets Research report noted that RBA Governor Lowe will deliver an address to the Anika Foundation tomorrow.

Economist Stephen Wu said the speech – titled ‘Delta, the Economy and Monetary Policy’ – is likely to provide additional colour to the most recent monetary policy decision.

“The RBA in their September meeting maintained the planned taper but extended their commitment to buy bonds at $A4bn/week until February 2022. There may also be a preview of the RBA’s new forecasts,” he said.

Global oil prices rose by just over 2% on Friday on news of a phone call between US and Chinese leaders.

And production disruptions in the Gulf of Mexico continued to support prices, with the Brent crude price rising by US$1.47 or 2.1% to US$72.92 a barrel.

Woodside (ASX:WPL) is up 1.61%, along with Santos (ASX:STO) up 2.64%.

Base metal prices also rose by up to 3.4% on Friday with copper up the most.

Metals also rose 2.8-7.3% with aluminium up the most, but over the week iron ore fell by US$1.75 a tonne or 1.3% to US$128.75 a tonne.

BHP (ASX:BHP) is up 1.33%, along with Fortescue (ASX:FMG) up 2.9% and Rio Tinto (ASX:RIO) up 1.66%.

 

ASX SMALL CAP WINNERS

Here are the best performing ASX small cap stocks for September 13 [intraday]:

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

WordPress Table

 

The biggest small cap winner today was Oakridge (ASX:OAK), up 100% on no news.

Followed by Classic Minerals (ASX:CLZ) and Victory Mines (ASX:VIC), both up 50%, also on no news.

And 92Energy (ASX:92E) joined the up on no news party, rising 39%.

Delecta Limited (ASX:DLC) jumped 35% after announcing its kicked off sampling and mapping at its REX uranium project in Colorado, USA, after improved sentiment in the sector.

Uranium prices have been ramping up recently after the Sprott Physical Uranium Trust started buying up physical uranium, with spot prices climbing to about US$42.40 per pound.

Energy Resources (ASX:ERA) was also up 35% on no news.

And Energy metals (ASX:EME), Amani Gold (ASX:ANL), and Deep Yellow Limited (ASX:DYL) were up 33%, 25% and 24% respectively, all on – you guessed it – no news.

Meanwhile, Kingwest Resources (ASX:KWR) was up 22% after intersecting gold mineralisation under Lake Goongarrie at the Goongarrie gold project.

“These results support our targeting for a potential major discovery which we have named the Sir Laurence Prospect,” CEO Ed Turner said.

“We have just scratched the surface of bedrock mineralisation at this stage.”

 

ASX SMALL CAP LOSERS

WordPress Table