Closing Bell: Today’s biggest small cap movers on the ASX
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Closing Bell is Stockhead’s daily recap of the ASX’s biggest movers – the winners and losers alike.
Data is taken after the market closes at 4pm AEDT.
Stocks highlighted in yellow rose after making announcements.
Today’s biggest winner with news was TALi Digital (ASX:TD1) – an edtech platform providing learning tools for kids with attention deficit disorders.
The company received a strategic $US2m investment by the India-based Brand Capital International (BCI) which it says will help it roll out in India.
Cannabis biotech stock Incannex Healthcare (ASX:IHL) climbed after initiating a brand new clinical trial – against generalised anxiety.
Skin Elements (ASX:SKN) rose after telling shareholders it had been advanced an unsecured loan of $500,000.
Two of today’s losers are the ASX’s two debutantes today. First was food delivery stock Youfoodz (ASX:YFZ). It raised capital at $1.50 per share, fell to $1.16 on debut and has finished the day at $1.05 – 30 per cent down.
Also down (by 16 per cent) was the ASX’s biggest IPO this year, coal export terminal operator Dalyrmple Bay (ASX:DBI).