Closing Bell: Good vibes stall as ASX limps into the weekend

The ASX limped into the close on Friday, in a fairly tame finish to a roller-coaster week.

Evergrande contagion fears and jitters ahead of the US Fed meeting sparked a sharp selloff on Monday.

But a week (or three days) is a long time in markets, and by Thursday the prospect of both tighter monetary policy and/or a systemic Chinese property collapse posed little fear for investors.

After US stocks posted more strong gains on Thursday night, the good vibes were expected to flow through to the ASX this morning, but investors tapped the brakes as the ASX 200 finished around 0.4% lower.

While key sectors struggled for traction on Friday, energy was once again the trade that paid as oil & gas plays continue to benefit from consistent strength in benchmark oil prices.

TODAY’S BIGGEST WINNERS

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Code	Company	Price	%	Volume
BAS	Bass Oil Ltd	0.002	100.0%	43,084,954
MRD	Mount Ridley Mines	0.0055	37.5%	21,448,160
GBR	Greatbould Resources	0.205	36.7%	21,038,916
RRR	Revolverresources	0.32	36.2%	3,175,324
PNN	PepinNini Minerals	0.55	35.8%	24,501,191
WOO	Wooboard Tech Ltd	0.002	33.3%	604,501
ARO	Astro Resources NL	0.005	25.0%	150,498
PGY	Pilot Energy Ltd	0.061	24.5%	6,490,961
SRH	Saferoads Holdings	0.26	23.8%	107,000
OVN	Oventus Medical Ltd	0.1475	22.9%	6,559,518
EX1	Exopharm Limited	0.575	22.3%	1,209,901
HNR	Hannans Ltd	0.033	22.2%	44,599,217
CRL	Comet Resources	0.03	20.0%	19,851,266
MTC	Metalstech Ltd	0.595	19.0%	2,692,586
ECG	Ecargo Hldg	0.032	18.5%	18,333
PVE	Po Valley Energy Ltd	0.032	18.5%	1,650,000
VIA	Viagold Rare Earth	0.3	17.6%	1,100
ARU	Arafura Resource Ltd	0.2	17.6%	44,238,426
OZZ	OZZ Resources	0.215	16.2%	1,059,512
ATU	Atrum Coal Ltd	0.044	15.8%	2,235,547
RD1	Registry Direct	0.037	15.6%	710,677
OMH	OM Holdings Limited	0.86	15.4%	1,777,258
FAU	First Au Ltd	0.015	15.4%	1,938,403
EUR	European Lithium Ltd	0.115	15.0%	24,860,599
SHP	South Harz Potash	0.085	14.9%	873,285

Great Boulder Resources (ASX:GBR) has some news to share, and investors will have to wait until Tuesday (at the latest) to find out what it is.

Shares in the WA-based gold and base metals explorer ripped higher in afternoon trade before going into a trading halt, pending a further announcement.

Early standout PepinNini Minerals (ASX:PNN) also held its gains, after striking a deal with Chinese (lithium) producer Ganfeng to run a pipeline through Pepinnini’s (copper-gold) project in Argentina.

Elsewhere, junior explorer FirstAU (ASX:FAU) rounded out a volatile week of trade with another strong gain, as it gets ready to kick off a 1,500m diamond drilling program at its ‘Snowstorm’ gold project in Victoria.

TODAY’S BIGGEST LOSERS

Code	Company	Price	%	Volume
ANL	Amani Gold Ltd	0.001	-50.0%	92,773,502
NTL	New Talisman Gold	0.001	-50.0%	499,396
CCE	Carnegie Cln Energy	0.002	-33.3%	15,535,083
DDD	3D Resources Limited	0.003	-25.0%	1,499,837
AAP	Australian Agri Ltd	0.025	-16.7%	25,000
HCD	Hydrocarbon Dynamic	0.015	-16.7%	1,953,004
CLE	Cyclone Metals	0.005	-16.7%	363,333
BMR	Ballymore Resources	0.22	-15.4%	365,302
ACB	A-Cap Energy Ltd	0.115	-14.8%	111,000
BXN	Bioxyne Ltd	0.024	-14.3%	553,380
GGX	Gas2Grid Limited	0.003	-14.3%	2,885,360
OZM	Ozaurum Resources	0.13	-13.3%	788,922
ICE	Icetana Limited	0.105	-12.5%	188,915
IMC	Immuron Limited	0.14	-12.5%	2,114,998
FEL	Fe Limited	0.056	-11.1%	9,867,555
OEX	Oilex Ltd	0.004	-11.1%	2,452,516
POL	Polymetals Resources	0.125	-10.7%	155,471
ARC	Aust Rural Cap Ltd	0.51	-10.5%	19,160
AUN	Aurumin	0.175	-10.3%	8,761
BMN	Bannerman Energy Ltd	0.265	-10.2%	14,541,151
UUL	Ultima Utd Ltd	0.84	-10.2%	2,000
CSE	Copper Strike Ltd	0.09	-10.0%	37,025
ECT	Env Clean Tech Ltd.	0.009	-10.0%	36,788
MBK	Metal Bank Ltd	0.009	-10.0%	680,000
RIM	Rimfire Pacific	0.009	-10.0%	1,207,461

ANNOUNCEMENTS YOU MAY’VE MISSED

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Vita Group (ASX:VTG) entered into an agreement to sell its ICT business to Telstra (ASX:TLS). The deal will net the company $110 million of which $35 million will be retained to invest in its Artisan Aesthetic Clinics business with the balance to be returned to shareholders as a special dividend.
Brookside Energy (ASX:BRK) reported its Jewell well in the Anadarko Basin exceeded its pre-drill estimates amidst early flow-back testing. The well produced a daily production rate of 1,238 barrels of oil equivalent per day.
Paradigm Biopharmaceuticals (ASX:PAR) received ethics approval for its Phase 3 clinical trial in participants with knee osteoarthritis pain. The company will begin patient recruitment in the last quarter and has identified 8 sites across 5 states to conduct the Australian arm of the study.
Senex Energy (ASX:SXY) announced a gas sales agreement to supply 29Metals’ (ASX:29M) Capricorn copper mine. The deal will begin on January 1 next year and provides for 2.5 petajoules of natural gas.
Adherium (ASX:ADR) was awarded a contract to supply its Hailie solution to an upcoming clinical study run by AstraZeneca in the US. It will provide a bespoke version of its Hailie sensor to track the usage of the investigational inhaler medications via patients’ phones.
Parkd (ASX:PKD) was awarded a construction contract to construct a 1900 square metre mezzanine level car park in Victor Park WA. The contract will provide for $1.5 million over the next 6 months.

TRADING HALTS

Monday

Silex Systems (ASX:SLX) – capital raising
High Peak Royalties (ASX:HPR) – capital raising
Armour Energy (ASX:AJQ) – capital raising
Sandfire Resources (ASX:SFR) – capital raising and acquisition
Engage:BDR (ASX:EN1) – capital raising
DC Two (ASX:DC2) – capital raising
Centuria Industrial REIT (ASX:CIP) – acquisitions and capital raising