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 Monday, July 6.
Data is taken after the market closes at 4pm EST.
Stocks highlighted in yellow made market-moving announcements during the day.
Today 712 stocks rose, 576 declined and 819 were unchanged.
Allegra Orthopaedics (ASX:AMT) was the big mover in afternoon trade, surging more than 500 per cent after an announcement shortly before 3pm AEST.
The company announced a share-based acquisition of patents held by the University of Sydney in connection with a “unique bio ceramic material known as Sr-HT-Gahnite”.
“This material can be utilised in a variety of applications including its use as a synthetic bone substitute,” AMT said.