Closing Bell: ASX completes its strongest week in nearly 2 months

The ASX closed for the Christmas break on a high, with its biggest weekly gain since the first week of November.

Despite today being a shortened trading day the ASX gained 0.50%, taking its weekly gain to 1.66%.

All sectors enjoyed gains but consumer discretionary stocks gained the most, rising 0.71%

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	MktCap
AHK	Ark Mines Limited	0.19	459	1287794	1056043.502
NPM	Newpeak Metals	0.002	33	400000	11474625.05
PCL	Pancontinental Energ	0.002	33	107247	10551334.22
CCE	Carnegie Cln Energy	0.003	20	3261344	37756434.28
OEX	Oilex Ltd	0.004	33	5100000	18119622.58
ARE	Argonaut Resources	0.0065	18	1768601	19834126.3
AEV	Avenira Limited	0.018	29	5557034	12079939.45
ARO	Astro Resources NL	0.005	25	9000000	15056772.05
JAV	Javelin Minerals Ltd	0.0025	25	4499999	13176505.54
RBR	RBR Group Ltd	0.005	25	1492000	5127920.344
XTC	Xantippe Res Ltd	0.005	11	14677400	22930674.76
BUD	Buddy Tech	0.016	23	11336142	45072570.3
RDG	Res Dev Group Ltd	0.084	20	1384732	196708138.8
GGX	Gas2Grid Limited	0.003	20	6516393	10145255.2
BEE	Broo Ltd	0.013	18.1818	380000	10403282.62
GME	GME Resources Ltd	0.07	16.6667	114448	35639445.72
KAU	Kaiser Reef	0.21	16.6667	537380	22035728.52
MCM	Mc Mining Ltd	0.105	16.6667	13140	13897759.95
NVU	Nanoveu Limited	0.035	16.6667	30629	6272134.2
CAV	Carnavale Resources	0.007	7.6923	8035959	15796496.97

Ark Mines (ASX:AHK), which is re-listing two years after heading into administration gained 400% on its ASX debut following a stock consolidation.

The previously NT-focused company raised $4.7 million to rejoin the ASX boards with a handful of projects around regional Queensland.

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	Name	Price	%	Volume	MktCap
EN1	Engage:Bdr Limited	0.002	-33	269999	$ 9,307,907.86
RXH	Rewardle Holding Ltd	0.014	-18	328233	$ 8,947,465.30
PVE	Po Valley Energy Ltd	0.025	-14	1206435	$ 29,192,659.73
GML	Gateway Mining	0.014	-13	4866078	$ 36,161,701.87
ZMI	Zinc of Ireland NL	0.049	-13	200000	$ 9,494,782.64
DMC	Design Milk Co Ltd	0.4	-11	21316	$ 16,331,756.40
TMK	Tamaska Oil Gas Ltd	0.008	-11	34500	$ 8,865,000.00
AT1	Atomo Diagnostics	0.21	-11	1907590	$ 96,042,229.20
IVT	Inventis Limited	0.084	-11	44004	$ 5,865,902.40
BRK	Brookside Energy Ltd	0.017	-11	3697827	$ 64,131,467.03
BMM	Balkanminingandmin	0.36	-10	3556	$ 13,100,000.00
PNT	Panthermetalsltd	0.18	-10	10657	$ 5,600,000.00
FAU	First Au Ltd	0.009	-10	110999	$ 7,839,109.49
CPT	Cipherpoint Limited	0.029	-9	30000	$ 11,234,320.96
MM1	Midasmineralsltd	0.145	-9	20	$ 8,511,700.00
MPP	Metro Perf.Glass Ltd	0.345	-9	1270	$ 70,443,672.68
CAD	Caeneus Minerals	0.01	-9	5764252	$ 48,186,655.81
ALY	Alchemy Resource Ltd	0.011	-8	115330	$ 11,428,138.68
AMD	Arrow Minerals	0.0055	-8	1428181	$ 10,945,990.56
GTG	Genetic Technologies	0.0055	-8	3372394	$ 55,403,790.86
PSL	Paterson Resources	0.034	-8	13334	$ 12,552,568.31
AHI	Adv Human Imag Ltd	0.875	-8	182100	$ 154,365,777.40
CUF	Cufe Ltd	0.035	-8	3480111	$ 35,952,269.87

ANNOUNCEMENTS YOU MAY’VE MISSED

The private markets business of AMP (ASX:AMP) reached a deal to sell its Infrastructure Debt platform to Ares Management for $428 million in cash. The move comes eight months after talks between Ares and AMP for Ares to buy the entire private markets business fell through.

Just three months since launching its accomodation income fund, Finexia Financial Group (ASX:FNX) made its first distribution to shareholders. The company says its businesses, most of which lie in the popular coastal Southeast Queensland region, have a solid pipeline of bookings going into the holiday period.

Cokal (ASX:CKA) amended its International Coal Marketing Agreement with ICT. It will enable it to acquire ICT to acquire coal directly from Cokal’s subsidiary that directly owns the project. Pricing will be linked to Index prices for coal, to be obtained from a recognised market data provider and adjusted for coal quality.

Family Zone Cyber Security (ASX:FZO) surpassed the milestone of 10 million students utilising its platform. The company says the result reflects continued new business growth and customer retention.

Kinetiko Energy (ASX:KKO) announced plans to acquire the remaining 51% of shares in Afro Energy – which directly holds the South African exploration rights and production approvals Kinetiko relies on – it does not already own. The company says this deal will de-risk the development of its South African projects.