The benchmark ASX 200 index mounted a last 30-minute rally to finish just sightly lower on Wednesday, despite choppy trading overnight that saw all major US equity stock indexes fall.

The local benchmark closed the day 0.11% lower at 7,272.

Mining and Finance weighed on the index, both falling by close to 1% and 0.6% respectively, despite uranium stocks rising across the board.

Fortescue Metals (ASX:FMG) fell another 5% as the iron ore price took a 6% tumble overnight.

The FMG share price has now lost over 22% in the past month, while BHP (ASX:BHP) is down 10% over the same period.

The Tech sector has helped to negate some of those losses, with stocks like Afterpay (ASX:APT) and Xero (ASX:XRO) rising by 1.5% each.

Meanwhile, the partial reopening in NSW on Monday saw total spending rise 20 per cent higher for the day compared to the previous Monday, according to ANZ spending data.

BIG CAP WINNERS

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Uranium stocks caught a bid today, with Paladin Energy (ASX:PDN) up 19% as the Global X Uranium ETF traded on the NYSE Arca exchange surged by 22% overnight. Other uranium plays like Deep Yellow (ASX:DYL) also lifted by 18%.

A2 Milk (ASX:A2M) was amongst the best performers today, rising by 13%.

Although there was no specific company news, the A2M stock price was buoyed by an earnings announcement from Bubs Australia (ASX:BUB), which reported a 96% increase in its Q2 gross revenue.

Bubs said its growth was achieved on the back of its infant formula products sales in China, with its share price surging by 39% following the announcement.

Casino Star Entertainment (ASX:SGR) gained 6% after releasing an announcement after hours last night, refuting claims that it did not act on a 2018 recommendations report prepared by consultant KPMG regarding the casino’s anti money laundering shortcomings.

The SGR share price is down over 27% for the week since media reports surfaced suggesting that Star had engaged in many of the same improper practices as Crown Resorts (ASX:CWN).

Pointsbet (ASX:PBH) is up 5% after announcing that its wholly owned subsidiary Pointsbet Canada has signed a deal to become the official betting platform for Curling Canada.

BIG CAP LOSERS

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Pact Group (ASX:PGH) tanked 9% after announcing that it has ceased the sale process of its contract manufacturing business, and has decided to retain it instead.

The Bank of Queensland (ASX:BOQ) is down 4% despite unveiling a $369 million profit, up 221% from FY20 which it credited to the strong momentum in market conditions, particularly the boom in the housing market driven by record low interest rates.