While today was a better day for the ASX than the past two days, the bourse still finished slightly in the red

After dropping by nearly 1% yesterday, the ASX 200 traded slightly higher for most of the day but closed 7,502 points, which was 0.12% lower than yesterday.

The ASX emerging Companies Index fared worse again, losing another 0.68% although the ASX Small Ords gained 0.68%.

8 of the ASX’s 12 sectors finished in the green with telcos, utilities and property trusts gaining over 1% but four sectors finished in the red with the resources shedding the most at -2.97%.

Stocks in Asia for the most part rose, including New Zealand, which saw its Reserve Bank keep interest rates on hold despite speculation prior to the lockdown that it could be the first advanced economy in the Asia-Pacific region to raise interest rates.

 

TODAY’S BIGGEST WINNERS

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Code Company Price % Volume
AGR Aguia Res Ltd 0.062 48 1959226
IEC Intra Energy Corp 0.009 29 5865269
IDT IDT Australia Ltd 0.47 27 2897193
ARO Astro Resources NL 0.005 25 6944539
BAS Bass Oil Ltd 0.0025 25 19050000
CGB Cann Global Limited 0.005 25 9447165
CBY Canterbury Resources 0.11 21 287489
KEY KEY Petroleum 0.003 20 1472607
VPR Volt Power Group 0.003 20 662208
RDC Redcape Hotel Group 1.11 18 6971525
ORM Orion Metals Ltd 0.02 18 37500
STK Strickland Metals 0.041 17 3870560
AMS Atomos 1.3 17 5837551
TOR Torque Met 0.245 17 4999772
AO1 Assetowl Limited 0.007 17 109298
AUC Ausgold Limited 0.043 16 6166705
IBG Ironbark Zinc Ltd 0.022 16 1646812
PME Pro Medicus Limited 65.35 16 791639
CVS Cervantes Corp Ltd 0.008 14 625000
KCC Kincora Copper 0.215 13 163184
NNG Nexion Group 0.215 13 183383
GGG Greenland Minerals 0.13 13 9340123
MAF MA Financial Group 6.23 13 766880
PTR Petratherm Ltd 0.063 13 20157

Astro Resources (ASX:ARO) rose after telling shareholders it had secured a diamond drill rig to commence exploration at its Needles Gold project.

Redcape Hotel Group (ASX:RDC) rose after announcing plans to delist from the ASX in a deal which would give shareholders the option to sell their shares back to the company.

Stocks rising from financial results included investment bank MA Financial (ASX:MAF), camera tech stock Atomos (ASX:AMS) and radiology software company Pro Medicus (ASX:PME).

 

TODAY’S BIGGEST LOSERS

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Code Company Price % Volume
SKS SKS Tech Group Ltd 0.18 -23 164829
CZR CZR Resources Ltd 0.009 -18 16267048
LPE Locality Planning 0.205 -18 425741
ARN Aldoro Resources 0.505 -17 3960309
ONX Orminexltd 0.039 -17 2113656
OVT Ovato Limited 0.0025 -17 174492
TYX Tyranna Res Ltd 0.005 -17 874024
AGS Alliance Resources 0.135 -16 1512
RWD Reward Minerals Ltd 0.11 -15 25898
GRV Greenvale Mining Ltd 0.42 -15 2689980
3MF 3D Metalforge 0.115 -15 200181
KLL Kalium Lakes Ltd 0.185 -14 12155246
AOA Ausmon Resorces 0.007 -13 17951733
OEX Oilex Ltd 0.0035 -13 125000
PIL Peppermint Inv Ltd 0.014 -13 1900627
XST Xstate Resources 0.0035 -13 486333
WEC White Energy Company 0.11 -12 70116
4DS 4Ds Memory Limited 0.155 -11 26035631
MAT Matsa Resources 0.055 -11 6835472
GTE Great Western Exp. 0.16 -11 159481
POW Protean Energy Ltd 0.008 -11 220000
RMX Red Mount Min Ltd 0.008 -11 7035857

Electrical services firm Locality Planning Energy (ASX:LPE) fell after a capital raising.

 

ANNOUNCEMENTS YOU MAY’VE MISSED

Enero Group (ASX:EGG), a company which owns PR and creative technology firms, grew its net profit after tax by 77% to $22.8 million. The company paid a dividend of 4.4 cents a share and said the first six weeks of FY22 had been strong.

Telix Pharmaceuticals (ASX:TLX) entered into a pan-cancer clinical collaboration with major pharmaceutical company Merck. The pair will conduct combination studies using one of Merck’s molecules with Telix’s TLX591 and TLX250 therapeutics.

Thomson Resources (ASX:TMZ) completed the purchase of the Texas Silver project in the New England Ford Belt. The company paid $2.5 million for the asset, which includes the mine infrastructure, mine and exploration leases, connection to the state power grid and existing rehabilitation bonds for the mine leases replaced.

Star Entertainment Group (ASX:SGR) begun formal negotiations with the NSW government to increase the number of gaming machines it can operate at its Sydney casino. It is permitted to operate 1,500, which is below the numbers permitted at Queen’s Wharf Brisbane as well as Crown at Melbourne and Perth.

US focused uranium explorer Laramide Resources (ASX:LAM) commenced trading on its third exchange, the OTCQX Best market. This is in addition to its ASX and TSX listings and the company says it will expand its exposure and profile with US investors.

WA property developer Finbar (ASX:FRI) announced its Dianella apartment project had reached practical completion on time and on budget. The company also reported seeing 32 sales in the first 17 days of August, which puts the company on track for a record sales month.

 

TRADING HALTS

Thursday

Pancontinental Oil & Gas (ASX:PCL)  – capital raising
Paterson Resources (ASX:PSL) – capital raising
Jadar Resources (ASX:JDR)  – capital raising
Tempus Resources (ASX:TMR) – capital raising
Globe Metals & Mining (ASX:GBE) – mining lease grant
Wellnex Life (ASX:WNX) – licensing agreement

Friday

Zimi (ASX:ZMM) – capital raising
Pental (ASX:PTL) – acquisition and capital raising