Local markets looked brighter today.

US share markets rebounded on Friday. Global oil prices also rose by around 1% on ahead of a meeting of OPEC+ producers today. Analysts expect that producers will add just 400,000 barrels per day in extra output in November.

Energy stocks rose around 1.36% while the Materials sector (big miners) climbed by 0.52%.

By sector, gains were led by the ASX 200 Financials index which jumped by 2.55%.

 

BIG CAP WINNERS 

Swipe or scroll to reveal the full table. Click headings to sort.

Coal miner Yancoal (ASX:YAL) was top of the leader board, up 18% on no news, followed by furniture seller Nick Scali (ASX:NCK) which jumped 10% after acquiring Plush-Think Sofas for $103 million.

Nick Scali says the purchase will increase its showroom count by 46 to 108 and that it expects it to be earning accretive in the first full year of ownership.

Flight Centre (ASX:FLT) was still riding high on news the borders will be open in time for Christmas, with a rise of 10% on no news.

Idp Education (ASX:IEL) rose 10% and Boss Energy (ASX:BOE) was up 9% – both on no news.

OM Holdings (ASX:OMH) was up 8% after an unprecedented increase in international prices reported for ferrosilicon (FeSi) produced from the company’s 75% owned smelter plant in Sarawak, Malaysia.

S&P Global Platts reported the price closed at US$4,150 per metric tonne CIF Japan as at 29 September 2021. The price was US$1,920 per metric tonne CIF Japan at the end of June 2021.

 

BIG CAP LOSERS 

Swipe or scroll to reveal the full table. Click headings to sort.

Tech player Novonix (ASX:NVX) fell 13%, followed by Anteotech (ASX:ADO) down 8%, both on no news.

And Imugene (ASX:IMU) dropped 6% despite releasing its annual report which listed progress in both of the company’s HER-Vaxx and PD1-Vaxx clinical development programs.