Closing Bell: Today’s biggest small cap movers on the ASX

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

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

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

WINNERS

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Gains were led by TZ Ltd (ASX:TZL), the manufacturer of TZ SMArt electronic locking devices.

Investor will be on the lookout for news flow after shares in the company more than doubled, before going into a trading halt at 2pm EST pending a further announcement.

Also on the winner’s list following a market-moving announcement was biotech stock Alterity Therapeutics (ASX:ATH).

The company presented expanded animal data at a US conference which supports “the commercialisation of its lead compound ATH434 in clinical development for the treatment of Parkinsonian disorders”, ATH said.

LOSERS

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