Despite closing lower today, the ASX finished 2021 over 13% where it begun.

This compares to a loss of just over 1% in 2020 but a gain of over 20% in 2019.

But the ASX did retreat today, snapping a winning streak of 6 trading days and all sectors were in the red, with financials and property “leading” the charge.

 

TODAY’S BIGGEST SMALL CAP WINNERS

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

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Advanced agritech company Roto-Gro International (ASX:RGI) climbed off the back of an update on its partnership with Verity Greens.

The company says Verity Greens is on the cusp of increasing its prospective purchase order of its indoor vertical farming systems and as a consequence, their technology license agreement is being extended for another 12 months.

Battery tech stock Magnis (ASX:MNS) announced positive results from trials of its extra fast charging batteries.

 

TODAY’S BIGGEST SMALL CAP LOSERS

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

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After gaining off the back of no news yesterday, 4DS Memory (ASX:4DS) retreated after copping a speeding ticket and confirming there was no news to report.

 

ANNOUNCEMENTS YOU MAY’VE MISSED

The worst performing IPO of 2021, Hiremii (ASX:HMI) announced the departure of CEO and managing director Chris Brophy. He will be replaced by Andrew Hornby, current Chief Commercial Officer and boss of Inverse Group, which Hiremii bought in early November.

The acquisition of Prime Media (ASX:PRT) by Seven West Media (ASX:SWM) was completed today, two months after it was announced. However Prime will continue trading for another few weeks albeit as a shell company.

Peet (ASX:PPC), a WA based company that sells home and land packages, announced it was buying out the other 50% of its Flagstone City project in Southern Brisbane that it did not already own. It will pay $46.15 million in a deal that will involve the company assuming $21 million in debt.

Global Lithium Resources (ASX:GL1) completed the purchase of an 80% interest in the Manna Lithium Project from Breaker Resources (ASX:BRB). The company promised shareholders it would get to work at both its lithium projects early in the new year.