It’s been a mixed week for the ASX but it has finished on a high.
The ASX 200 closed 0.69% higher than yesterday, closing at 7,362 which marked a 3 week high but is still 3.5% above the all time high reached in mid-August.
Travel stocks gained with news NSW would be scrapping quarantine for international arrivals.
Adding fuel to investor optimism were robust corporate earnings on Wall Street and China loosening curbs on home loans.
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.
| Security | Description | Last | % | Volume |
|---|---|---|---|---|
| ESS | Essential Metals Ltd | 0.21 | 35.5% | 35,711,081 |
| WC8 | Wildcat Resources | 0.057 | 29.5% | 18,255,569 |
| ACP | Audalia Res Ltd | 0.014 | 27.3% | 5,521,790 |
| FCT | Firstwave Cloud Tech | 0.092 | 26.0% | 1,619,532 |
| CZL | Cons Zinc Ltd | 0.034 | 25.9% | 4,380,371 |
| HHI | Health House Int Ltd | 0.115 | 25.0% | 24,803 |
| OVT | Ovato Limited | 0.0025 | 25.0% | 81,667 |
| TPS | Threat Protect Ltd | 0.005 | 25.0% | 4,790,065 |
| PNM | Pacific Nickel Mines | 0.1 | 23.5% | 1,158,389 |
| STM | Sunstone Metals Ltd | 0.059 | 22.9% | 95,601,967 |
| LSR | Lodestar Minerals | 0.011 | 22.2% | 1,632,860 |
| A8G | Australasian Gold | 0.645 | 20.6% | 1,364,407 |
| MXO | Motio Ltd | 0.084 | 20.0% | 2,417,187 |
| EMP | Emperor Energy Ltd | 0.066 | 20.0% | 6,339,265 |
| WGR | Westerngoldresources | 0.19 | 18.8% | 278,924 |
| 3DA | Amaero International | 0.45 | 18.4% | 590,986 |
| RNO | Rhinomed Ltd | 0.34 | 17.2% | 597,093 |
| GGX | Gas2Grid Limited | 0.0035 | 16.7% | 325,000 |
| MRD | Mount Ridley Mines | 0.007 | 16.7% | 98,924,536 |
| TDO | 3D Oil Limited | 0.056 | 16.7% | 100,000 |
| ICL | Iceni Gold | 0.33 | 15.8% | 446,489 |
| ASQ | Australian Silica | 0.11 | 15.8% | 811,852 |
| BXN | Bioxyne Ltd | 0.023 | 15.0% | 235,605 |
| EVE | EVE Investments Ltd | 0.004 | 14.3% | 994,950 |
| AVZ | AVZ Minerals Ltd | 0.36 | 14.3% | 25,990,462 |
Essential Metals (ASX:ESS) led the pack after advising the market of some strong assay results from a four-hole reverse circulation drilling program at its Pioneer Dome lithium project in WA.
Media tech platform Motio (ASX:MXO) rose after reporting a boost to its finances thanks to NSW lifting its lockdown. The company, which has an advertising and engagement product for recreational centres, said its forward revenue is up 101% compared to the same time last year.
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.
| Security | Description | Last | % | Volume |
|---|---|---|---|---|
| PCL | Pancontinental Energy | 0.001 | -33.3% | 3,167,229 |
| WOO | Wooboard Tech Ltd | 0.001 | -33.3% | 2,741,246 |
| XTC | Xantippe Res Ltd | 0.002 | -33.3% | 2,972,067 |
| KEY | KEY Petroleum | 0.003 | -25.0% | 1,245,527 |
| ARO | Astro Resources NL | 0.004 | -20.0% | 3,391,991 |
| VIC | Victory Mines Ltd | 0.002 | -20.0% | 8,124,783 |
| LNY | Laneway Res Ltd | 0.005 | -16.7% | 112,500 |
| VPR | Volt Power Group | 0.0025 | -16.7% | 841,973 |
| AFR | African Energy Res | 0.037 | -15.9% | 1,743,197 |
| AD1 | AD1 Holdings Limited | 0.035 | -14.6% | 1,197,413 |
| RD1 | Registry Direct | 0.03 | -14.3% | 78,888 |
| ACB | A-Cap Energy Ltd | 0.068 | -13.9% | 954,206 |
| ECG | Ecargo Hldg | 0.027 | -12.9% | 395,253 |
| APV | Appsvill | 0.041 | -12.8% | 177,628 |
| ARE | Argonaut Resources | 0.007 | -12.5% | 2,909,331 |
| PDL | Pendal Group Ltd | 6.84 | -11.5% | 6,210,764 |
| IND | Industrialminerals | 0.32 | -11.1% | 270,996 |
| CGB | Cann Global Limited | 0.004 | -11.1% | 6,750,678 |
| PRM | Prominence Energy | 0.016 | -11.1% | 11,464,277 |
| IRD | Iron Road Ltd | 0.205 | -10.9% | 481,338 |
| AIQ | Alternative Invest | 0.125 | -10.7% | 18,000 |
| ROO | Roots Sustainable | 0.009 | -10.0% | 126,571 |
| XST | Xstate Resources | 0.0045 | -10.0% | 6,190,959 |
| BGT | Bio-Gene Technology | 0.14 | -9.7% | 337,112 |
| CPO | Culpeominerals | 0.24 | -9.4% | 157,127 |
ANNOUNCEMENTS YOU MAY’VE MISSED
Meal kit deliverer My Food Bag (ASX:MFB) announced half year trading results were in line with expectations with its Net Sales Value being $98.4 million. The company said New Zealand’s lockdown helped the company ,being able to operate in higher Alert Levels to the extent other food outlets could not.
Tigers Real Coal (ASX:TIG) says 722kt of coal was mined during in the first 9 months of 2021, which is 28% higher than the first 9 months of 2020. 159kt of this was mined in Seotember alone, a monthly record for the company.
Insurance Australia (ASX:IAG) acknowledged ASIC commenced proceedings against the company for failure to pass on the full amount of discount of a number of NRMA insurance customers. The company again apologised for it and said it was working to put things right.
Qantas (ASX:QAN) sealed a deal to sell 13.8 hectares of land it owned at Mascot for $802 million. The company says settlement will be complete by this year’s end and the funds will be used to reduce debt accumulated to keep it afloat amidst COVID-19.
Pendal (ASX:PDL) announced its funds under management stood at $139.2 billion. The company credited the acquisition of Thomson, Siegel and Walmsley which was settled during the quarter.
TRADING HALTS
Monday
Swoop (ASX:SWP) – capital raising
Heramed (ASX:HMD) – capital raising
Torque Metals (ASX:TOR) – drilling results
Vulcan (ASX:VUL) – off take agreement
Podium Minerals (ASX:POD) – capital raising
COG Financial Services (ASX:COG) – capital raising
Dart Mining (ASX:DTM) – capital raising
Tuesday
Living Cell Technologies (ASX:LCT) – capital raising
Apollo Consolidated (ASX:AOP) – corporate transaction
Latrobe Magnesium (ASX:LMG) – capital raising