Despite a solid start to the day the ASX closed Monday at the same point it closed on Friday.

After gaining as much as 0.3% by 11am the ASX 200 closed flat at 7,538 points. The ASX Emerging Companies Index finished slightly higher, by 0.03% at 2,252.

The best sectors were property trusts and financials which gained 1.3% with the latter being boosted an 8% post-earnings surge from Suncorp (ASX:SUN). Meanwhile the worst sector was resources which lost 1.06%.

While some Asian markets including Singapore and Tokyo were on holidays, markets in Hong Kong and Shenzen went higher today, following Wall Street on Friday.

In spite of the retreats of gold and oil as well as the latest COVID-19 restrictions in Australia and China, markets were buoyed by the latest jobs data in the US that exceeded forecasts and the US Senate coming closer to passing a US$1 trillion infrastructure package.

 

TODAY’S BIGGEST WINNERS

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

Stocks highlighted in yellow rose after making announcements during intraday trade.

Code Company Price % Volume
CLZ Classic Min Ltd 0.002 100 20210024
WOO Wooboard Tech Ltd 0.002 100 12638873
AXP AXP Energy Ltd 0.007 56 385437065
BLG Bluglass Limited 0.042 45 22846003
HUO Huon Aquaculture Grp 3.9 40 10312047
PCL Pancontinental Oil 0.002 33 4593513
KLR Kaili Resources Ltd 0.029 32 191500
ADV Ardiden Ltd 0.014 27 61351669
MCM Mc Mining Ltd 0.15 25 48147
VIC Victory Mines Ltd 0.0025 25 183333
VRC Volt Resources Ltd 0.031 24 21255057
BCB Bowen Coal Limited 0.12 24 3476818
HWK Hawkstone Mng Ltd 0.042 24 87295877
IKW Ikwezi Mining Ltd 0.355 22 24511
FYI FYI Resources Ltd 0.77 22 5615966
FZO Family Zone Cyber 0.69 17 20436884
RLC Reedy Lagoon Corp. 0.021 17 19992856
VR1 Vection Technologies 0.105 17 8785295
KNM Kneomedia Limited 0.007 17 3027416
NZS New Zealand Coastal 0.014 17 592725
RTE Retech Tech Co., Ltd 0.29 16 169733
SRJ SRJ Technologies 0.335 16 59000
LEL Lithenergy 0.75 15 3010107

AXP Energy (ASX:AXP) rose after a revenue update, making another $1.8 million in revenue in the month of July.

BluGlass (ASX:BLG) rose after the latest version of its laser diode technology passed a proof of concept phase.

Cyber safety platform Family Zone Cyber Safety (ASX:FZO) completed a $114 million capital raising to help it acquire Smoothwall – the UK’s leading provider of K-12 digital safety solutions.

In resources, Lithium Energy (ASX:LEL) was one winner after revealing to shareholders it was closer to exploration.

 

TODAY’S BIGGEST LOSERS

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

Stocks highlighted in yellow fell after making announcements during intraday trade.

Code Company Price % Volume
ARO Astro Resources NL 0.004 -20 989010
BAS Bass Oil Ltd 0.002 -20 251684
CCE Carnegie Cln Energy 0.002 -20 7631398
GLE GLG Corp Ltd 0.285 -19 14296
NAG Nagambie Resources 0.065 -17 584012
S2R S2 Resources 0.135 -16 1825623
AUH Austchina Holdings 0.006 -14 23410066
DDT DataDot Technology 0.006 -14 298216
ONX Orminexltd 0.037 -14 2436340
GNM Great Northern 0.01 -13 1622095
BMN Bannerman Energy Ltd 0.135 -13 10455876
GMR Golden Rim Resources 0.007 -13 7802157
8CO 8Common Limited 0.185 -12 927474
ATR Astron Corp Ltd 0.37 -12 7699
AGG AngloGold Ashanti 4.75 -11 131930
TZN Terramin Australia 0.04 -11 263720
AFW Applyflow Limited 0.008 -11 21665632
AVW Avira Resources Ltd 0.004 -11 81250
BNR Bulletin Res Ltd 0.058 -11 150433
OKR Okapi Resources 0.465 -11 939367
NME Nex Metals Explorat 0.034 -11 635235
SHM Shriro Holdings Ltd 0.945 -10 1503814

Textiles company GLG (ASX:GLE) fell after announcing executive changes.

 

ANNOUNCEMENTS YOU MAY’VE MISSED

$2.4 billion fintech lender Latitude Financial (ASX:LFS) is forking out $200 million to acquire fellow fintech Symple. Symple will become the lending platform for all Latitude’s personal and auto loans and will account for 160,000 customers and a $2.5 billion loan portfolio.

Jadar Resources (ASX:JDR) signed a term sheet to buy a portfolio of projects in the Northern Territory prospective for several commodities, particularly tin and copper. It will pay $6.5 million in cash for the package which includes 32 mining leases totalling over 300 hectares.

Race Oncology (ASX:RAC) kicked off another clinical trial in Israel against Acute Myeloid Leukaemia. It has just dosed the first patient with its Zantrene drug and will run in parallel with a separate trial in Australia.

Westpac (ASX:WBC) sold its life insurance business to TAL in a deal that marks its exit from the sector. The deal will reap $900 million up front and other ongoing payments which will add 12 basis points to Westpac’s Level 2 common equity Tier 1 capital ratio.

In light of the lockdown in Cairns, Reef Casino (ASX:RCT) has been forced to close the doors of its casinos for 3 days. However its hotel accomodation was exempt, allowed to remain open for essential travel.

 

TRADING HALTS

Tuesday

Marvel Gold (ASX:MVL) – capital raising

Wednesday

Roto-Gro (ASX:RGI) – clarifying announcement
Aldoro Resources (ASX:ARN) – drilling results
Rhinomed (ASX:RNO) – commercial agreement
Great Southern Mining (ASX:GSN) – capital raising
Core Lithium (ASX:CXO) – capital raising
African Gold (ASX:A1G) – exploration results
Tian Poh Resources (ASX:TPO) – ASX  determination
Novonix (ASX:NVX) – capital raising
ikeGPS (ASX:IKE) – capital raising