Closing Bell: ASX closes slightly lower, still notches up weekly gain

The ASX 200 closed at 7,488 points which was 0.04% down from yesterday but up 0.37% from last Friday. The ASX Emerging Companies Index lost 0.57% to close at 2,285 points.

The best sector was industrials which gained 1.07%. Tech and consumer discretionary goods dropped 1.22% and 1.6% respectively.

TODAY’S BIGGEST WINNERS

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Code	Company	Price	%	Volume
CCE	Carnegie Cln Energy	0.003	50	7615587
MXC	Mgc Pharmaceuticals	0.056	44	56985090
MGL	Magontec Limited	0.31	38	108577
ID8	Identitii Limited	0.14	27	4551522
ARN	Aldoro Resources	0.54	27	3442948
ARO	Astro Resources NL	0.005	25	4750506
VPR	Volt Power Group	0.0025	25	20034
BIR	BIR Financial Ltd	0.026	24	512499
FTZ	Fertoz Ltd	0.345	23	1972981
MHI	Merchant House	0.084	22	24151
NXM	Nexus Minerals Ltd	0.15	20	5246622
VIC	Victory Mines Ltd	0.003	20	31619800
RNO	Rhinomed Ltd	0.38	19	10281386
MRL	Mayur Resources Ltd	0.16	19	281773
TKM	Trek Metals Ltd	0.097	18	10419629
CUV	Clinuvel Pharmaceut.	34.49	18	754338
SGH	Slater & Gordon	0.85	17	195886
FG1	Flynngold	0.175	17	341453
SIX	Sprintex Ltd	0.07	17	90815
CAV	Carnavale Resources	0.007	17	2650958
ENT	Enterprise Metals	0.014	17	1774765
IDT	IDT Australia Ltd	0.745	16	4054444

MGC Pharmaceuticals (ASX:MXC) rose after signing a US$24 million supply agreement – its first such deal in the USA.

Rhinomed (ASX:RNO) said it had completed development of the world’s first nasal swab designed for children.

Recently listed explorer Flynn Gold (ASX:FG1) rose after an exploration update.

And law firm Slater and Gordon (ASX:SGH) rose off the back of its financial results.

TODAY’S BIGGEST LOSERS

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Code	Company	Price	%	Volume
MRD	Mount Ridley Mines	0.003	-25	8190000
TBA	Tombola Gold Ltd	0.043	-20	7453660
ASM	Ausstratmaterials	11.15	-18	2831180
BBL	Brisbane Broncos	0.565	-18	806
AJL	AJ Lucas Group	0.035	-17	2867817
IDX	Integral Diagnostics	4.58	-15	4297139
BUX	Buxton Resources Ltd	0.075	-15	517368
VIA	Viagold Rare Earth	0.042	-14	100
AO1	Assetowl Limited	0.006	-14	2158805
AOA	Ausmon Resorces	0.006	-14	1006866
RIE	Riedel Resources Ltd	0.013	-13	2577091
DTI	DTI Group Ltd	0.02	-13	100217
AEV	Avenira Limited	0.007	-13	1876488
ESH	Esports Mogul Ltd	0.007	-13	1253730
OEX	Oilex Ltd	0.0035	-13	255375
XST	Xstate Resources	0.0035	-13	586683
GBE	Globe Metals &Mining	0.105	-13	90732
MYX	Mayne Pharma Ltd	0.26	-12	17757661
PO3	Purifloh Ltd	1.155	-11	4139
KOR	Korab Resources	0.017	-11	110552
BTR	Brightstar Resources	0.026	-10	337330
ICE	Icetana Limited	0.081	-10	352741

AJ Lucas (ASX:AJL), Mayne Pharma (ASX:MYX) and Integral Diagnostics (ASX:IDX) all fell on annual results.

ANNOUNCEMENTS YOU MAY’VE MISSED

872 days from when it was first suspended, Sky and Space (ASX:SAS) finally announced it was giving up on relisting and would be axed from the bourse on Monday. However the company said its operations would continue on a business as usual basis and hinted at relisting on another exchange in the coming years.

Harmoney (ASX:HMY) reached a settlement with the New Zealand Commerce Commission (NZCC) that would lead to legal proceedings against it being discontinued. The NZCC alleged the loan establishment fee charged to its clients exceeded the amount of recoverable costs and in return for the end of the legal fight the company admitted the breach and said it would provide eligible borrowers with a rebate.

Manganese company OM Holdings (ASX:OMH) posted a 65.5% rise in profit after tax to $23.5m for half year of FY21. Stronger global demand as well as the price rebound of ferrosilicon and silicon manganese were the main driver of revenue growth.

Rubber gloves manufacturer VIP Gloves (ASX:VIP) announced that it has received Australian TGA accreditation for its nitrile examination/ treatment gloves as a Class 1 Medical Device. This means it could now commence sales of the product in Australia.

Angel Seafood (ASX:AS1) reported record half year revenue of $3.6 million, which was a 46% increase on the previous corresponding period (pcp). The strong growth was driven by strong domestic demand for oysters and added scale in the business.

Oncology company Immutep (ASX:IMM) announced a patent grant in China for LAG525 and its compositions. LAG525 is a humanised form of Immutep’s IMP701 antibody which is out-licensed to Novartis.

Wellness products company Holista Colltech (ASX:HCT) reported a 30% increase in its half year revenue to a three-year high of $3.6m loss. The company has also managed to trim its loss significantly to $0.62m compared to a loss of $4.9m in the prior corresponding period.