The ASX finished the day in the green with large and small caps both beating out the mid caps.

The Small Ordinaries index on Wednesday finished up only 0.13 per cent, to 3,097.3

Meanwhile, the ASX200 gained 0.43 per cent, to 6,715.3 and the ASX Emerging Companies Index gained 0.72 per cent, reaching 2,039.7 points.

Financials were again big winners along with tech while materials and utilities lagged.

The biggest winning stock with news was product authentication microcap YPB Group (ASX:YPB). It doubled today off the back of the first commercial outcome for YPB’s MotifMicro platform.

It signed a 5-year Master Services Agreement with sneakers website Legitifli.com.

Radiology software stock Pro Medicus (ASX:PME) led the way among large caps, gaining 13 per cent after a $40 million US deal.

Buy now pay later stocks had a solid day out following the latest BNPL IPO, Affirm – although this IPO happened overnight on the NYSE.

 

Announcements

IT stock AVA Risk Group (ASX:AVA) released unaudited results for the first half of FY21, claiming it was a record. It achieved sales revenue over $35 million, an increase of 70 per cent compared to the prior corresponding period.

Buy now pay later company Laybuy (ASX:LBY) also announced financial results – specifically its quarterly report. It also claimed a record result with NZ$182 million in Gross Merchandise Value and gaining another 119,000 active customers, taking its total to 687,000.

Lithium Australia (ASX:LIT) and Galan Lithium (ASX:GLN) unveiled a deal whereby Galan would purchase 80 per cent of Lithium Australia’s Greenbushes south project in Western Australia.

Total Brain (ASX:TTB) told shareholders it received a $1.1 million research and development (R&D) tax refund.

Perpetual Resources (ASX:PEC) said the Pre-Feasibility Study at its Beharra Silica Sand project was 94 per cent complete and would be finalised around mid-February.

 

Trading halts

Friday: 

Sagalio Energy (ASX:SAN) – price query
Prominence Energy (ASX:PRM) – capital raising
Global Oil & Gas (ASX:GLV) – capital raising
Whitebark Energy (ASX:WBE) – investment outcome
DiscovEx Resources (ASX:DCX) – capital raising & acquisition
Galileo Mining (ASX:GAL) – price query

Monday:

Shekel Brainweigh (ASX:SBW) – capital raising