When you think of snorkelling its a fine hobby done on hot days in calm, clear water.

In Wales however (at least over the weekend), it was a competitive sport in murky water. Yes it was that time of year again – the World Bog Snorkelling Championship.

Named one of the top 50 must do events in the world by Lonely Planet, competitors (some in fancy costumes) swam two straight lengths of a murky bog out of the UK’s smallest town, Llanwrtyd Wells.

There you have it, after the roosters and swans the third best sport event of the weekend.

Yes, its another poor day on markets and analysts are blaming the trade war. And its not just Trump tweets, China’s Global Times editor said the nation is “seriously making preparations” for ties with the US to worsen.

Markets got a little more than they wanted out of Jackson Hole. They heard low interest rates were here to stay, but as Phillip Lowe said, these can only do so much. “Political shocks are turning into economic shocks,” he said. “Monetary policy cannot deliver medium term economic growth.”

The ASX Small Ords is down 1.15 per cent to 2,781 points and the ASX 200 is down 1.5 per cent to 6,425 points. Of Asia’s 18 major markets only three are in the green – the best being Thailand; and the worst is Hong Kong, which is down 3.2 per cent.

Going up

Byron Energy (ASX:BYE) climbed 23 per cent after stumbling across hydrocarbons at its latest well.

Smart Parking (ASX:SPZ) initially dropped due to a poor annual result but bounced back to be 35 per cent higher after announcing it had received multiple takeover offers. But so far its accepted none of them, making it clear any suitor would have to pay a premium.

Here are the best performing ASX small cap stocks at lunchtime, Monday August 26:

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Code Name Price % Chg Market Cap Volume
AYR Alloy Resources Ltd 0.003 +50.00% $5.1M 1.7M
GTE Great Western Exploration Ltd 0.006 +50.00% $7.9M 3.0M
PNN PepinNini Lithium Ltd 0.003 +50.00% $3.7M 100.0k
NWE Norwest Energy NL 0.0055 +37.50% $18.6M 34.1M
SPZ Smart Parking Ltd 0.17 +34.62% $61.1M 3.5M
BPH BPH Energy Ltd 0.002 +33.33% $5.7M 5.8M
CAD Caeneus Minerals Ltd 0.002 +33.33% $4.3M 100.0k
CFE Cape Lambert Resources Ltd 0.008 +33.33% $8.2M 1.3M
CHZ Chesser Resources Ltd 0.05 +32.50% $12.7M 4.1M
CAE Cannindah Resources Ltd 0.02 +26.67% $3.4M 352.8k
BUY Bounty Oil & Gas NL 0.005 +25.00% $4.8M 559.7k
MBK Metal Bank Ltd 0.011 +22.22% $10.6M 1.5M
MEL Metgasco Ltd 0.04 +20.69% $13.7M 229.8k
DDT DataDot Technology Ltd 0.006 +20.00% $4.9M 277.0k
DW8 Digital Wine Ventures Ltd 0.006 +20.00% $5.4M 506.7k
BYE Byron Energy Ltd 0.28 +19.57% $194.0M 2.9M
TIE Tietto Minerals Ltd 0.22 +18.92% $58.1M 347.7k
SKN Skin Elements Ltd 0.03 +17.39% $4.4M 82.0k
SVL Silver Mines Ltd 0.14 +17.39% $98.0M 5.7M

Going down

Today plenty of stocks fell just because of the market. But a couple of stocks, Amaysim (ASX:AYS) and G8 Education (ASX:GEM) fell after releasing annual results.

Here are the worst performing ASX small cap stocks at lunchtime, Monday August 26:

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Code Name Price % Chg Market Cap Volume
TOM Tomizone Ltd 0.002 -33.33% $850K 278.0k
AQS Aquis Entertainment Ltd 0.02 -31.43% $4.4M 30.0k
TRL Tanga Resources Ltd 0.003 -25.00% $3.8M 5.5M
DDD 3D Resources Ltd 0.003 -25.00% $1.7M 500.0k
CLZ Classic Minerals Ltd 0.003 -25.00% $6.3M 14.5M
ANP Antisense Therapeutics Ltd 0.04 -22.64% $17.2M 2.7M
MLS Metals Australia Ltd 0.004 -20.00% $5.9M 525.0k
DHR Dark Horse Resources Ltd 0.004 -20.00% $8.1M 83.8k
TTL Transcendence Technologies Ltd 0.01 -16.67% $1.7M 166.5k
GTG Genetic Technologies Ltd 0.005 -16.67% $14.7M 45.8k
CAV Carnavale Resources Ltd 0.0025 -16.67% $2.8M 150.0k
GEM G8 Education Ltd 2.3 -16.24% $1.0B 3.8M
RFR Rafaella Resources Ltd 0.17 -15.38% $6.3M 128.2k
AYS Amaysim Australia Ltd 0.57 -14.93% $168.2M 384.3k
VRC Volt Resources Ltd 0.012 -14.29% $19.3M 7.2M
NET NetLinkz Ltd 0.14 -14.06% $221.3M 4.7M
PSA Petsec Energy Ltd 0.05 -13.79% $19.9M 223.0k