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

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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Dateline Resources (ASX:DTR) started strongly and led the pack into the close of trade with an intraday gain of 38%.

Gold prices are back above US$1,900/oz amid lingering inflation fears and weakness in the US dollar — a good macro backdrop to unearth more gold at a historic California mine, which is exactly what DTR did this week.

Also climbing to the top of the winner’s list in Thursday trade was Creso Pharma (ASX:CPH), which rose by 29%.

CPH said it now plans to accelerate its go-to market strategy in California after Senate lawmakers passed Bill 519 – a bill that will decriminalise the possession or sharing of psychedelic drugs.

LOSERS

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