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. Ordinarily this is at 4pm AEDT but today, on Christmas Eve, the ASX has shut early at 2pm AEDT.
Stocks highlighted in yellow rose after making announcements.
Today’s list was dominated by tech stocks. Brainchip (ASX:BRN), 8common (ASX:8CO) and CFOAM (ASX:CFO) all rose after major breakthroughs with their respective products.
Among other sectors AVZ Minerals (ASX:AVZ) climbed following the first off-take agreement for its Manono lithium project.
The agreement is with GFL International, a subsidiary of China’s largest lithium compound producer Ganfeng Lithium Company and AVZ Minerals will provide 160,000 tonnes per year of spodumene concentrate.
And uranium explorer Alligator Energy (ASX:AGE) rose as a capital raising took effect.
Sperm separator Memphasys (ASX:MEM) fell after it announced a delay to the initial timeframe in which it anticipated the first sales for its Felix device.