Closing Bell: ASX rises again, hits all time high

The ASX had another positive day but, unlike yesterday, held momentum to close at an all time high.

The ASX 200 closed at 7,511 points which was an 0.11% gain although the ASX Emerging Companies Index fell 0.63% to 2,226 points.

The top sectors were property trusts and consumer discretionary goods which rose 1.05% and 0.84%. The worst sectors were energy and resources which fell 1.22% and 1.3% respectively.

The ASX finished below other markets in Asia although still above Wall Street, which closed mostly lower overnight.

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
PFE	Panteraminerals	0.405	103	34606267
WOO	Wooboard Tech Ltd	0.002	100	26574667
ANL	Amani Gold Ltd	0.0015	50	11025000
PCL	Pancontinental Oil	0.002	33	27835024
LEL	Lithenergy	0.6	25	2819014
OPL	Opyl Limited	0.15	25	61244
BAS	Bass Oil Ltd	0.0025	25	2804976
CCE	Carnegie Cln Energy	0.0025	25	5918113
CLE	Cyclone Metals	0.006	20	44141469
MNS	Magnis Energy Tech	0.38	19	49950052
ARR	American Rare Earths	0.11	17	11324825
IOD	Iodm Limited	0.3	15	217183
SWP	Swoop Holdings Ltd	1.595	15	445448
BIR	BIR Financial Ltd	0.039	15	454617
GTG	Genetic Technologies	0.008	14	12599599
FTZ	Fertoz Ltd	0.24	14	1070172
CNJ	Conico Ltd	0.065	14	8551272
DGL	DGL Group Limited	1.86	13	815667
CHR	Charger Metals	0.31	13	4002418
AFW	Applyflow Limited	0.009	13	63153854
DDD	3D Resources Limited	0.0045	13	799246

Topping the charts was Pantera Minerals (ASX:PFE), the ASX’s newest iron ore company.

Lithium Energy (ASX:LEL) announced the environmental impact assessment (EIA) for its Solaroz project in Argentina was entering the final stages of evaluation.

Telco Swoop (ASX:SWP) secured a $5 million contract with Orro Group to provide NBN Enterprise Ethernet services across WA.

And payments platform Iodm (ASX:IOD) announcing a new revenue opportunity in the UK.

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
VAL	Valor Resources Ltd	0.008	-27	37297010
AIR	Astivita Ltd	0.68	-24	17103
AIB	Aurora Glb Trust	0.125	-22	316561
ALT	Analytica Limited	0.002	-20	4143490
OEX	Oilex Ltd	0.004	-20	6550000
EGY	Energy Tech Ltd	0.13	-19	99511
EQE	Equus Mining Ltd	0.01	-17	8695412
GFN	Gefen Int	0.76	-15	28404
ROO	Roots Sustainable	0.01	-13	6279866
G88	Golden Mile Res Ltd	0.054	-13	3370345
NTL	New Talisman Gold	0.0035	-13	174748
RD1	Registry Direct	0.014	-13	1000000
CXM	Centrex Metals	0.043	-12	257117
AQC	Auspaccoal Ltd	0.2	-11	1000
PNX	PNX Metals Limited	0.008	-11	18445875
HXL	Hexima	0.25	-11	233666
LCK	Leigh Crk Energy Ltd	0.125	-11	2395928
AXE	Archer Materials	1.45	-10	1350616
CTE	Cryosite Limited	0.39	-10	32907
CWZ	Cashwerkz Limited	0.305	-10	17985
RAP	Resapp Health Ltd	0.044	-10	3080215

Equus Mining (ASX:EQE) fell after announcing drilling results.

ANNOUNCEMENTS YOU MAY’VE MISSED

Gold producer Resolute (ASX:RSG) sealed a deal to sell its Bibiani Gold Mine to Asante Gold Corporation. It will receive a total of US$90 million in compensation over the next 12 months and will apply the initial proceeds to repay debt.

Digital landing platform Plenti (ASX:PLT) issued its inaugural $306.3m of initial asset backed security (ABS), pricing it at a weighted average 97bp above the one month BBSW. Around 87.8% of the notes are expected to be rated Aaa by Moody’s.

Valor Resources (ASX:VAL) identified several new targets for drilling at its Hook Lake uranium Project. These came from a radiometric survey the company conducted at the end of the last month.

Microcap medical device company dorsaVi (ASX:DVL) extended its contract with medtech giant Medtronic for a further 5 months, worth an additional ~US$171k to the US$330k signed in the original agreement in March. The work will involve analysis of data on patients wearing dorsaVi medical grade wearable sensors.

Independent Investment Research reckons junior gold and nickel explorer Moho Resources’ (ASX:MOH) plans to develop the East Simpson Dam gold deposit as a toll treating operation is key for funding ongoing activities at Silver Swan North. The Silver Swan North deposit is just 50km NE of Kalgoorlie, and within trucking distance of several mills.

SaaS company Technology One (ASX:TNE), which has been fighting a lawsuit by a former employee accusing the company if firing him when he made a bullying complaint, said the Federal Court’s original judgement against TNE has been overturned. The case will now proceed to a new trial.