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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Asset management firm AWN Holdings (ASX:AWN) rose sharply after its subsidiary Tembo — a manufacturer of electric vehicles — announced a material Canadian distribution agreement.

The company said Canadian industrial equipment distributor Acces Industriel Mining plans to purchase 1,675 vehicles over a 5+ year timeframe, in a deal it said will generate around US$120m in revenue.

Also rising strongly was infant formula manufacture Bubs (ASX:BUB), which got a boost after announcing US giant Walmart.com will stock its product from September.

LOSERS

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