Here are the top ASX large cap movers for Friday
Pic: Getty
A day after posting its worst session since September 2020, the ASX 200 got back on the horse in Friday trade with a gain of more than 1% to end the week.
By sector, ASX 200 Energy stocks outperformed as oil prices continue to push higher amid lingering supply constraints.
The big banks also had a strong session, while the iron ore majors all rose by more than 2%.
The tech sector, which got absolutely belted on Thursday, also regained a little bit of ground although the ASX 200 Information Technology index remains well off its post-COVID highs reached in November.
BIG CAP WINNERS
Swipe or scroll to reveal the full table. Click headings to sort.
| Code | Name | Price | % Change | Volume | Market Cap |
|---|---|---|---|---|---|
| BRN | Brainchip Ltd | 0.965 | 9% | 61,553,723 | $1,498,514,872 |
| ACL | Au Clinical Labs | 6.055 | 6% | 890,940 | $1,148,435,545 |
| MPL | Medibank Private Ltd | 3.6 | 6% | 7,563,514 | $9,363,611,016 |
| CXO | Core Lithium | 0.635 | 6% | 16,386,838 | $1,003,766,909 |
| JLG | Johns Lyng Group | 9.04 | 5% | 626,201 | $2,212,361,220 |
| LFS | Latitude Group | 2.09 | 5% | 349,453 | $2,076,923,076 |
| LKE | Lake Resources | 0.99 | 4% | 12,433,212 | $1,160,429,147 |
| GQG | GQG Partners | 1.825 | 4% | 408,186 | $5,182,173,537 |
| NHF | NIB Holdings Limited | 7.22 | 4% | 385,312 | $3,195,453,619 |
| HMC | Homeco Limited | 8.1 | 4% | 102,522 | $2,269,882,896 |
| WHC | Whitehaven Coal | 2.75 | 3% | 5,334,646 | $2,746,833,657 |
| VUK | Virgin Money Uk PLC | 3.44 | 3% | 1,058,667 | $2,901,517,215 |
| JIN | Jumbo Interactive | 19 | 3% | 91,388 | $1,149,232,462 |
While the prospect of higher bond yields and interest rate rises gave tech investors the jitters this week, there was still plenty of juice left in largely pre-revenue semiconductor technology company Brainchip (ASX:BRN).
Following another ramp higher on Tuesday and Wednesday , the stock is trading back near $1 which values the company at around $1.5bn. Outside of a new board appointment — Pia Turcinov as Non-Executive Director — recent BRN news flow has been relatively light.
Also among the leaders on Friday was $9.3bn private health company Medibank Private (ASX:MPL), which jumped by around 5% on no news.
Among stocks with updates, lithium standout Lake Resources (ASX:LKE) led the pack with another strong gain (although the news only related to the exercise of unlisted options).
BIG CAP LOSERS
Swipe or scroll to reveal the full table. Click headings to sort.
| Code | Name | Price | % Change | Volume | Market Cap |
|---|---|---|---|---|---|
| SGM | Sims Limited | 15.72 | -6.5% | 837,116 | $3,321,140,420 |
| NVX | Novonix Limited | 9.36 | -5.8% | 4,462,133 | $4,809,526,781 |
| MFG | Magellan Fin Grp Ltd | 19.29 | -5.4% | 2,939,084 | $3,788,545,282 |
| JHX | James Hardie Indust | 51.54 | -4.1% | 2,213,887 | $23,941,680,645 |
| MEZ | Meridian Energy | 4.42 | -3.5% | 108,715 | $5,773,882,661 |
| CCX | City Chic Collective | 5.13 | -3.2% | 886,494 | $1,229,176,456 |
| CTT | Cettire | 3.15 | -2.8% | 509,507 | $1,235,211,833 |
| PDN | Paladin Energy Ltd | 0.91 | -2.7% | 11,960,989 | $2,504,715,374 |
| KMD | Kathmandu Hold Ltd | 1.38 | -2.5% | 141,161 | $1,003,236,958 |
| OCL | Objective Corp | 17.83 | -2.2% | 26,747 | $1,722,782,781 |
| AMP | AMP Limited | 0.96 | -2.0% | 16,572,194 | $3,200,783,736 |
| GOR | Gold Road Res Ltd | 1.455 | -2.0% | 2,165,326 | $1,309,644,247 |
Embattled fund manager Magellan Financial Group (ASX:MFG) fell again today after providing a monthly update on funds under management, which showed the impact on funds under management from the decision by UK group St James’s Place to terminate its $23bn investment mandate with the company.
Related Stories
UNLOCK INSIGHTS
Discover the untold stories of emerging ASX stocks.
Daily news and expert analysis, it's free to subscribe.
By proceeding, you confirm you understand that we handle personal information in accordance with our Privacy Policy.
