Closing Bell: Today’s biggest small cap movers on the ASX
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A quick wrap of the key winners and losers on Friday, July 3.
Data is taken after the market closes at 4pm EST.
Stocks highlighted in yellow made market-moving announcements during the day.
Today 736 stocks rose, 584 declined and 789 were unchanged.
Today’s biggest winner was kidney-focused medtech Osprey Medical (ASX:OSP), which rallied another 127 per cent despite telling the ASX it had no major news after it made gains earlier this week.
Advanced Braking Technology (ASX:ABV) rose too after unveiling a technology licensing deal with VEEM Ltd, to “manufacture and supply ABT’s specialised park brake mechanism” for the Australian division of global defence and aerospace company Thales Group.
In resources, nickel-focused microcap Carnavale Resources (ASX:CAV) led the gains with an exploration update.
Masonary provider Adbri (ASX:ABC) plunged after Alcoa said it wouldn’t renew the company’s contract for the supply of lime cement. This contract accounted for $70m in annual revenue.