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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As Stockhead’s Nick Sundich noted earlier today, ‘there’s nothing like a takeover bid at a 100 per cent premium to your previous closing price, and that’s just what Devine (ASX:DVN) shareholders received this morning’.

Among stocks with news, the microcap property developer topped today’s winner’s list as CIMIC Group (ASX:CIM) made a bid for the 40.89 per cent of the company it doesn’t already own.

Also rising strongly was Variscan Mines (ASX:VAR), which gained 81pc after a drilling program at its historic San Jose mine in Spain revealed high-grade zinc mineralisation.

LOSERS

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