The ASX had a positive finish to the week taking its weekly return to 1.8%.

Today the ASX 200 closed at 7,457 points, 0.39% higher than yeterday.

Tech was heavily sold off, shedding 1.64% but almost all other sectors were in the green with consumer discretionaries and telcos gaining over 1%.

 

TODAY’S BIGGEST SMALL CAP WINNERS

(Stocks highlighted in yellow rose after making announcements during the trading day).

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

Code Company Price % Volume
A1M Aic Mines Ltd 0.415 69 5527493
IQ3 Iq3Corp Limited 0.155 55 139791
MQR Marquee Resource Ltd 0.115 46 47034011
EUR European Lithium Ltd 0.185 42 60352103
CDT Castle Minerals 0.026 37 72407041
LEL Lithenergy 1.07 25 1519657
KOR Korab Resources 0.045 22 19522125
BMM Balkanminingandmin 0.68 21 409912
LMG Latrobe Magnesium 0.074 21 56414208
SRK Strike Resources 0.125 19 1235037
NXM Nexus Minerals Ltd 0.46 18 3917152
TG1 Techgen Metals Ltd 0.23 18 1428947
LKY Locksleyresources 0.2 18 548489
AVW Avira Resources Ltd 0.007 17 12550528
MRD Mount Ridley Mines 0.007 17 8267502
MTB Mount Burgess Mining 0.007 17 7195
PNN PepinNini Minerals 0.63 17 1550742
CAE Cannindah Resources 0.51 16 2220657
INF Infinity Lithium 0.225 15 4896718
TKL Traka Resources 0.015 15 1427808
BMR Ballymore Resources 0.23 15 132897
CNL Celamin Holdings Ltd 0.092 15 771
BDG Black Dragon Gold 0.07 15 788323
Wordpress Table Plugin

Marquee Resources (ASX:MQR) unveiled earn-in agreements for the Kibby Basin Lithium project as well as the Lone Star Copper-Gold Mine in Nevada and Washington State respectively.

Bryah Resources (ASX:BYH) told shareholders it had picked up new tenure at Lake Johnston in WA  prospective for lithium and nickel.

AIC Mines (ASX:A1M) has come out of a months-long trading halt after finalising the ‘transformational’ acquisition of the ‘Eloise’ copper mine for ~$25m in cash and shares.

 

TODAY’S BIGGEST SMALL CAP LOSERS

(Stocks highlighted in yellow fell after making announcements during the trading day).

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

Code Company Price % Volume
ANL Amani Gold Ltd 0.002 -33 109805870
CCE Carnegie Cln Energy 0.002 -33 8948447
YPB YPB Group Ltd 0.002 -33 4144343
SRZ Stellar Resources 0.024 -29 24560463
ALT Analytica Limited 0.0015 -25 363035
CGB Cann Global Limited 0.003 -25 27400438
WOO Wooboard Tech Ltd 0.0015 -25 1713989
M24 Mamba Exploration 0.195 -15 145341
APV Appsvill 0.042 -14 10041
AFW Applyflow Limited 0.006 -14 2715073
RGL Riversgold 0.019 -14 8277759
SW1 Swift Media Limited 0.02 -13 5713791
MCM Mc Mining Ltd 0.096 -13 1616
AHN Athena Resources 0.014 -13 5611567
DDD 3D Resources Limited 0.0035 -13 3209665
TEM Tempest Minerals 0.028 -13 26638207
CUV Clinuvel Pharmaceut. 35.5 -12 532374
PSL Paterson Resources 0.036 -12 9148185
ICN Icon Energy Limited 0.015 -12 960000
VUK Virgin Money Uk PLC 3.15 -11 14411105
AEV Avenira Limited 0.024 -11 10601368
LCT Living Cell Tech. 0.008 -11 20763650
Wordpress Table Plugin

Stellar Resources (ASX:SRZ) fell after a drilling update.

Cann Global (ASX:CGB) dropped as a capital raising took effect.

 

ANNOUNCEMENTS YOU MAY HAVE MISSED

Atomos (ASX:AMS), a company makes and sells camera add-ons for amateur Instagrammers and professional photographers, told shareholders its co-founder Jeromy Young would be retiring later this month. The company said he wished to pursue other interests after more than a decade with the company.

Qantas (ASX:QAN) used its AGM to announce two new routes, Brisbane to Wagga Wagga and Adelaide to Newcastle. It also announced plans to accelerate its A380 comeback with the first returning to Australian soil next week and the return to the Kangaroo Route bought forward to July 2022 from November 2022.

REA Group (ASX:REA) announced its results for the first quarter of FY22. Its revenues were up 35% to $264 million and free cash flow up 20% to $49 million.

Meanwhile, money manager Pendal (ASX:PDL) unveiled its results for the 12 months to September 30. It’s profit grew 42% to $164.7 million and funds under management grew 14% to $107.9 billion.

HR tech stock Intellihr (ASX:IHR) told shareholders it just hit the milestone of $5 million in Annualised Recurring Revenue. The company also reached 250 contracted customers in Australia, New Zealand, the US and the Phillippines.

And it’s HR tech peer Hiremii (ASX:HMI) announced it was buying recruitment business Inverse Group. It will be paying up to $1.5 million subject to performance milestones being achieved.

 

TRADING HALTS

Monday

Amplia Therapeutics (ASX:ATX) – capital raising
Hiremii (ASX:HMI) – acquisition
Aurora Labs (ASX:A3D) – capital raising
Strickland Metals (ASX:STK) – capital raising

Tuesday 

Okapi Resources (ASX:OKR) – acquisition
TNG (ASX:TNG) – capital raising
TZ (ASX:TZL) – capital raising
SenSen Networks (ASX:SNS) – capital raising
Corella Resources (ASX:CR9) – JORC Mineral Resource Estimate

Disclosure: The author held shares in Qantas (ASX:QAN) at the time of writing this article.