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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Ragnar Metals (ASX:RAG) led into midday trade and closed higher after the first drilling program at its fully-owned Tullsta nickel project in Sweden intersected “significant magmatic sulphide mineralisation” in one of its drill holes.

BNPL company Openpay (ASX:OPY) acquired Payment Assist, a UK BNPL firm specialising in the automotive sector. The company will pay £11.5 million ($21.3 million) upfront and says the deal triples it’s UK total transaction value.

Cybersecurity firm Tesserent (ASX:TNT) gained after a financial update – telling shareholders it now expects annualised turnover to June 30 of around $180m, up from its previous forecast of $150m.

And biotech Acrux (ASX:ACR) rose after the FDA gave it the long awaited green light to sell its toenail fungus treatment in the USA.

 

LOSERS

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Leading the laggards were Alberta focused coal stocks Montem Resources (ASX:MR1) and Atrum Coal (ASX:ATU).

Authorities in the Canadian province denied the application for the Grassy Mountain coal project and both companies crashed today – by 52 per cent and 40 per cent respectively.