The ASX tech sector succumbed to the latest selloff in tech equities globally. dragging the rest of the bourse down with it.

The ASX 200 retreated 0.7% to close at 7,379 points while the ASX Emerging Companies Index lost 1.06%, closing at 2,181.

A sell off on Wall Street and Shanghai was triggered by fears of a regulatory clampdown by the Chinese government sparked by rulings that private education businesses could no longer make profits or raise capital.

This resulted in falls of over 3.5% in Hong Kong, Shanghai and Shenzen yesterday and although the ASX escaped the worst yesterday, the impact appeared to have been delay to today as tech shares fell 2.13%.

The only sector in positive territory was property trusts, which rose 0.83%. The other major laggard was resources, which lost 1.41%.



Scroll or swipe to reveal table. Click headings to sort.

Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade.

Code Company Price % Volume
OAK Oakridge 0.0015 50 25008
IKW Ikwezi Mining Ltd 0.26 30 24873
MCM Mc Mining Ltd 0.145 26 791129
GSN Great Southern 0.057 24 843184
A3D Aurora Labs Limited 0.115 24 8489671
CMM Capricorn Metals 2.25 23 4450227
VN8 Vonex Limited. 0.15 20 3246902
CGB Cann Global Limited 0.006 20 1342435
VPR Volt Power Group 0.003 20 4406208
S66 Star Combo 0.34 19 86768
GTE Great Western Exp. 0.165 18 170957
OBM Ora Banda Mining Ltd 0.15 15 1403760
EMH European Metals Hldg 1.67 15 738852
GMN Gold Mountain Ltd 0.023 15 8510303
TAS Tasman Resources Ltd 0.033 14 3380669
BPP Babylon Pump & Power 0.017 13 4164259
THR Thor Mining PLC 0.017 13 2872648
WSI Weststar Industrial 0.034 13 88949783
SBR Sabre Resources 0.0045 13 2500000
STK Strickland Metals 0.055 12 6693005
AVE Avecho Biotech Ltd 0.019 12 603089
OPN Oppenneg 0.3 11 539063
PAM Pan Asia Metals 0.15 11 18500
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Additive manufacturer Aurora Labs (ASX:A3D) announced it had engaged with BAE Systems Maritime Australia to perform test printing for its Hunter Class Frigate Program – which is building new ships for the navy to replace the current fleet.

Engineering firm Weststar Industrial (ASX:WSI) won a $145 million contract for Fortescue’s Iron Bridge Magnetite project.

Companies climbing off the back of quarterlies included Vonex (ASX:VN8) and Babylon Pump & Power (ASX:BPP).



Code Company Price % Volume
YPB YPB Group Ltd 0.001 -50 701000
AIB Aurora Glb Trust 0.21 -38 166695
TSO Tesoro Resources Ltd 0.115 -26 25234335
TRN Torrens Mining 0.215 -22 6454923
SIH Sihayo Gold Limited 0.009 -18 5628256
AIQ Alternative Invest 0.115 -18 8702
CHZ Chesser Resources 0.12 -17 328000
OVT Ovato Limited 0.0025 -17 7501500
ZNO Zoono Group Ltd 0.66 -16 1391183
KEY KEY Petroleum 0.003 -14 6861337
RBR RBR Group Ltd 0.006 -14 3070995
CLA Celsius Resource Ltd 0.031 -14 2520069
ESS Essential Metals Ltd 0.13 -13 744834
SPA Spacetalk Ltd 0.205 -13 324207
AO1 Assetowl Limited 0.007 -13 5149038
AUQ Alara Resources Ltd 0.014 -13 61519
GES Genesis Resources 0.014 -13 55000
MRD Mount Ridley Mines 0.0035 -13 5333987
MML Medusa Mining Ltd 0.805 -13 2003899
TTM Titan Minerals 0.105 -13 1389974
IPB IPB Petroleum Ltd 0.021 -13 50000
DTR Dateline Resources 0.092 -12 1335666
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Joint venture partners Coda Minerals (ASX:COD) and Torrens Mining (ASX:TRN) fell after the latest update from their IOCG project in South Australia

Tesoro Resources (ASX:TSO) dropped after defining its maiden Mineral Resource for the Ternera gold deposit at its El Zorro project in Chile.



Renu Energy (ASX:RNE) and its investee company Uniflow Power announced it would be hiring consultants to investigate the potential to generate carbon credits from emissions offset by Uniflow’s technology. The company says demand for voluntary carbon credits could rise by a factor of 15 or more by 2030 as companies seek to meet climate change goals.

Eden Innovation (ASX:EDE) announced it sold just over $1 million worth of its fuel system OptiBlend in the first four weeks of July. Eden credited the boost to the upturn in the oil and gas sector as well as companies’ concern about power outages due to extreme weather.

Antiviral technology specialist Nanoveu (ASX:NVU) announced results of a 5 month study by Nestle Research depicting its Nanoshield product was effective against SARS-CoV-2. Nanoveu declared the study meant Nanoshield was now “one of the most economical options to deliver protection and peace of mind”.

Sky and Space (ASX:SAS) released its quarterly telling shareholders the deadline for automatic removal was currently August 8. The company said it “continues to work with ASX towards the reinstatement of its ordinary shares to quotation”.

Rox Resources (ASX:RXL) and the ASX have pencilled in August 10 as the date for the IPO of spin off company Cannon Resources. Cannon will own Rox’s non-core nickel and base metal assets at Fisher East and Collurabbie.




Pilbara Minerals (ASX:PLS) – cleansing correction
BPM Minerals (ASX:BPM) – cleansing correction
Imugene (ASX:IMU) – capital raising
Aroa Biosurgery (ASX:ARX) – capital raising
Magnis Energy Technologies (ASX:MNS) – capital raising
Victory Mines (ASX:VIC) – capital raising


Tasman Resources (ASX:TAS) – drill program update
Conico (ASX:CNJ) – drill program update
Zenith Minerals (ASX:ZNC) – capital raising
Melbana Energy (ASX:MAY) – capital raising
Rhythm Biosciences (ASX:RHY) – capital raising
Allegiance Coal (ASX:AHQ) – capital raising