The armed forces could be called upon to enforce Sydney’s strict lockdown, and we might see troops on the streets as early as Monday.

On the bourse, the benchmark ASX 200 has closed 0.40% lower on Friday, but was flat for the week.

The mining sector was the clear winner in a week where earning results headlined proceedings, up by 3.4%.

In today’s trading, investors turned their faces away from buy-now-pay-later (BNPL) stocks with Sezzle (ASX:SZL) dropping 11% despite reporting an 119% increase in its quarterly merchant sales to US$411m.

Other BNPL stocks like Afterpay (ASX:APT) and Zip Co (ASX:Z1p) also fell by 4-5%, as sentiment against the BNPL sector soured recently amid rising competition brought about by giants Paypal and Apple.

Last week, Zip also crashed 7% on the day it reported a record Q4 earnings.

TODAY’S BIGGEST WINNERS

Scroll or swipe to reveal table. Click headings to sort.

Code Company Price % Volume
8CO 8Common Limited 0.19 72.7% 9,993,537
ATP Atlas Pearls Ltd 0.025 56.3% 57,452,187
CLZ Classic Min Ltd 0.0015 50.0% 338,269,691
IGN Ignite Ltd 0.081 35.0% 5,189,312
PCL Pancontinental Oil 0.002 33.3% 5,055,000
CAD Caeneus Minerals 0.012 33.3% 29,298,538
MHI Merchant House 0.068 30.8% 69,700
BEE Broo Ltd 0.016 23.1% 4,818,391
PRM Prominence Energy 0.011 22.2% 14,999,413
AQC Auspaccoal Ltd 0.225 21.6% 105,777
DM1 Desert Metals 0.385 20.3% 197,440
GW1 Greenwing Resources 0.245 19.5% 224,929
SMN Structural Monitor. 0.56 19.1% 621,875
EGY Energy Tech Ltd 0.14 16.7% 51,907
OZM Ozaurum Resources 0.14 16.7% 861,832
IVX Invion Ltd 0.015 15.4% 3,190,553
FTC Fintech Chain Ltd 0.069 15.0% 153,418
BCB Bowen Coal Limited 0.085 14.9% 4,264,242
HHR Hartshead Resources 0.016 14.3% 447,790
SRN Surefire Rescs NL 0.016 14.3% 3,843,504
LEX Lefroy Exploration 0.9 13.9% 707,561
HPR High Peak Royalties 0.06 13.2% 33,665
MSRDA Manas Res Ltd 0.13 13.0% 449,050
VMY Vimy Resources Ltd 0.13 13.0% 5,073,577
BRK Brookside Energy Ltd 0.035 12.9% 39,715,124

 

Recruitment company Ignite Ltd (ASX:IGN) was amongst the winners today, rising by 35% despite reporting a revenue decline of 10% for the full year due to COVID-19 challenges. The company is however upbeat about FY22 prospects, when the economy emerges from the pandemic.

Bowen Coking Coal (ASX:BCB) rose by nearly 10%, after announcing it has been awarded Preferred Bidder Status in the sale process for the Bluff PCI Mine by Australian mining contractor, MACA Ltd (ASX:MLD).

The Bluff PCI Mine assets include a granted mining lease and approved Environmental Authority to mine up to 1.8Mtpa of high quality Ultra Low Volatile PCI coal.

Jayex Tech (ASX:JTL) is up 7% today after reporting cash receipts of $2.475 million for the quarter, compared to $1.265 million in the last quarter.

 

TODAY’S BIGGEST LOSERS

Code Company Price % Volume
ANL Amani Gold Ltd 0.001 -33.3% 8,227,284
OAK Oakridge 0.001 0.0% 100
XTC Xantippe Res Ltd 0.0015 -25.0% 486,672
MMM Marley Spoon 2.145 -23.1% 3,443,748
IKW Ikwezi Mining Ltd 0.21 -22.2% 550
EME Energy Metals Ltd 0.15 -21.1% 50,000
VIC Victory Mines Ltd 0.002 -20.0% 997,000
ICR Intelicare Holdings 0.135 -18.2% 760,143
CCE Carnegie Cln Energy 0.0025 -16.7% 9,046,104
IDZ Indoor Skydive Aust 0.017 -15.0% 280,166
OVT Ovato Limited 0.003 -14.3% 35,579,362
SRH Saferoads Holdings 0.215 -14.0% 476
OEX Oilex Ltd 0.0035 -12.5% 971,153
TSC Twenty Seven Co. Ltd 0.0035 -12.5% 5,571,450
BLY Boart Longyear 0.315 -12.5% 63,737
EQX Equatorial Res Ltd 0.245 -12.5% 178,125
MAY Melbana Energy Ltd 0.021 -12.5% 4,097,430
GO2 Thego2People 0.044 -12.0% 830,118
NTI Neurotech Intl 0.045 -11.8% 1,390,493
WSP Whispir Limited 2.49 -11.7% 1,559,829
BID Bill Identity Ltd 0.455 -11.7% 1,389,838
COO Corum Group Limited 0.076 -11.6% 459,434
TYM Tymlez Group 0.016 -11.1% 7,823,857
FEL Fe Limited 0.089 -11.0% 11,905,901
RBL Redbubble Limited 3.25 -11.0% 4,225,014

 

ANNOUNCEMENTS YOU MAY’VE MISSED

Change Financial (ASX:CCA)

The fintech company reported record revenue for the June quarter of US$2.6m, as the company successfully secured a number of new licence deals.

Bubs Australia (ASX:BUB)

The infant food producer had a solid Q4, with revenues of $12.8m, up by 8% on prior quarter. However, FY21 gross revenue fell by 24% to $46.8m, which it says reflected the prolonged Covid-19 disruptions.

 

TRADING HALTS

Monday

Epsilon Healthcare (ASX:EPN) – new director appointments
VRX Silica (ASX:VRX) – project update
Torian Resources (ASX:TNR) – acquisition
Canyon Resources (ASX:CAY) – capital raising
Alderan Resources (ASX:AL8) – capital raising
Linius Technologies (ASX:LNU) – capital raising
Anteris Technologies (ASX:AVR) – capital raising
Poseidon Nickel (ASX:POS) – capital raising
Pearl Gold (ASX:PG1) – capital raising
Alligator Energy (ASX:AGE) – capital raising
Cipherpoint (ASX:CPT) – capital raising
Sensera (ASX:SE1) – capital raising

 

Tuesday

Red Hill Iron (ASX:RHI) – proposed disposal
Fiji Kava (ASX:FIJ) – capital raising
IODM (ASX:IOD) – revenue signing
Cradle Resources (ASX:CXX) – shareholder meeting outcome
Vulcan (ASX:VUL) – off take term sheet
Frontier Resources (ASX:FNT) – capital raising
IPB Petroleum (ASX:IPB) – capital raising
Strike Resources (ASX:SRK) – regulatory approval
Paradigm Biopharmaceuticals (ASX:PAR) – response from FDA
West Wits Mining (ASX:WWI) – capital raising