• The ASX has trundled along like a happy little camper, up nearly 1.0%
  • SZL sizzled then fizzled as the BNPL sector got all turned around
  • So. Many. Quarterlies. Oh. My. God. #pleasemakeitstop

 

It’s been a happy, smiley Friday for (nearly) everyone around the ASX today, with the benchmark leaping out of the gate and staying positively buoyant across every sector. For real… they’re all green.

Looking over the sectors, and there were some solid gains across Utilities (+2.08%), InfoTech (+1.59%), Real Estate (+2.81%) and Industrials (+1.14%), and even perennial problem child Materials managed to stop disrupting the class, with a positive 0.73% contribution.

Looking quickly overseas, and Asian markets retreated from happier times this morning, with the Nikkei falling 0.2%, Shanghai dropping 0.48% and Hong Kong slumping to finished -2.10% for the day.

Commodities also got a bit mix up as the day wore on, with oil up 0.32% and natural gas flat, while gold (+0.67%), silver (+1.39%) and to a lesser extent, copper (0.13%) seeing the end of the Australian workday better than they were yesterday.

Closer to home, and the Stockhead newsroom has been kept incredibly busy today dealing with so many quarterlies, it’s frankly astonishing the whole place hasn’t flown to pieces.

Nadine and Eddy have wrapped up the Tech space quarterlies here, and Emma’s got you covered with her Resources quarterlies here.

And, while we’re blowing our own trumpets a little, if you’re keen to get your head around who the hottest players in the ultra-hip Battery Metals space, we’ve made a brand new FY23 Battery Metals Investor’s Guide, which is freely available here.

 

ASX SMALL CAP WINNERS

Here are the best performing ASX small cap stocks for July 29 [intraday]:

Swipe or scroll to reveal full table. Click headings to sort:

There’s not been too many changes from the Winners and Losers tables since lunchtime – indeed the only major tales of massively changing fortunes today included Sezzle (ASX:SZL), which started the day up +30%, dropping to +5.0% by lunch, before landing with a horrifying thud nearly 3.0% down.

Consensus around the newsroom is that Zip (ASX:ZIP) also had a pretty strange day, climbing to $1.71 at open, falling as far as $1.14 before grinding to a stop at $1.21, a 20.4% fall that spoke volumes about how the market is feeling about the payment sector in general.

Mobile comms platform player Tinybeans (ASX:TNY) kept chugging along, up 26% by day’s end, and as mentioned at lunch time, Temple & Webster (ASX:TPW) had a solid day, charging through the $5.00 mark to close out the day nearly 10.5% ahead.

Cygnus Gold’s (ASX:CYG), day got good and stayed that way, on news that it struck a binding agreement under which it can earn up to 70% of the Pontax Lithium Project in Quebec, Canada which kept people happy to the tune of a 25% rise.

 

ASX SMALL CAP LOSERS

Here are the grimmest performing ASX small cap stocks for July 29 [intraday]:

Swipe or scroll to reveal full table. Click headings to sort:

 

WHAT YOU MAY’VE MISSED

Honestly – aside from the news we’ve already covered,  the ASX announcements list has been pretty much nothing but a tsunami of quarterlies and more trading halts than you could reasonably shake a stick at, so let’s just look at those.

 

TRADING HALTS

Celsius Resources (ASX:CLA) – Capital raise, because… I dunno… Global warming or something.

Raiden Resources (ASX:RDN) – Seeking a capital raise, because Brayden and Jayden were too broke to chip in this week.

Alice Queen (ASX:AQX) – Also a capital raise.

Design Milk (ASX:DMC) – DMC’s got a material announcement in the pipeline…

Dreadnought Resources (ASX:DRE) – … and DRE’s working on a capital raise. Could this be a cryptic clue that fresh East Coast vs  West Coast rap hostilities are afoot, or that Tupac really is still alive?

Venture Minerals Limited (ASX:VMS) – Got some news on the way from its South West Project. Stay tuned…

Technology Metals Australia Limited (ASX: TMT) – TMT has an Ore Reserve Update (ORU) and anticipated Production Profile (aPP) coming from its Murchison Technology Metals Project (MTMP) and is just one Ninja (N) away from upgrading from TMT to Teenage Mutant Ninja Turtles (TMNT), which is pretty rad.

Carbonxt Group (ASX:CG1) – Capital raise to fund pronunciation lessons for its company name… (best I can do is Carbongzzt, which surely can’t be right).

Cauldron Energy (ASX:CXU) – Drill assay results from the Blackwood Gold Project, and will be provided to the ASX as soon as the company has dealt with a small, but manageable, outbreak of witches.

Caravel Minerals (ASX:CVV) – Capital raising, to pay for the sense of disappointment I feel everytime I read the name as “Caramel Minerals” before realising my mistake.

Pacific Edge Limited (ASX:PEB) – Trading halt while the company figures out who needs to be sent a bill for use of its CxBladder cancer market codes.

Felix Gold (ASX:FXG) – There’s incoming news of results positive drilling results from Felix’s Project in Alaska. Noice.

LiveTiles (ASX:LVT) – It looks like LiveTiles wants to get off the ASX merry go round. Expect an announcement next week.