Closing Bell is Stockhead’s daily recap of the ASX’s biggest movers – the winners and losers alike.

Data is taken at the market close – at 4.10pm AEDT.

Stocks highlighted in yellow rose after making announcements.

WINNERS

Today was a rough day for markets but there were a handful of winners.

One was mobile payments Peppermint Innovation (ASX:PIL) which launched new insurance products in the Phillippines.

Despite today being a bad day for most lithium and battery companies Magnis Energy Technologies (ASX:MNS) was one exemption.

Today, it announced the hiring of key executives for its lithium-ion battery production plant in New York including Chaitanya Sharma who was Tesla’s first engineer at its Gigafactory in Nevada.

 

LOSERS