Happy Friday! Although we’re not sure the usual TGIF rules apply, given everyone is locked in for the weekend these days.

There was another bullish session on the S&P500 overnight, as the US government’s $US2 trillion ($3.3 trillion) stimulus package got approved in the Senate.

Markets already knew the stimulus was coming, but that didn’t stop the Dow Jones index from posting another 6 per cent gain, bringing its cumulative three-day increase to 21 per cent (technically, that’s a bull market).

As for the economic impact on the ground, US initial jobless claims came in at 3.28 million. For context, the previous high (going back 50 years) was around 600,000.

With news-flow changing daily, the outlook for assessing the medium-term economic impact is just as hard as it was a week ago.

Local markets got off to a relatively calm start (by recent standards) this morning, as stocks rose 2 per cent — on track for their fourth straight day of gains.

But sentiment dimmed into midday trade, and just after 12pm EST the ASX200 was down 0.8 per cent. The Small Ords index was treading water with a gain of 0.82 per cent.

 

WINNERS

Here are the best performing ASX small cap stocks at 12pm Friday March 27:

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

CODE COMPANY PRICE CHANGE MARKET CAP
CHN CHALICE GOLD MINES LTD 0.5 223 137.03M
LSH LIFESPOT HEALTH LTD 0.062 195 5.44M
HMD HERAMED LTD 0.14 123 15.04M
KAS KASBAH RESOURCES LTD 0.02 122 2.71M
RAP RESAPP HEALTH LTD 0.16 116 116.16M
TGH TERRAGEN HOLDINGS LTD 0.15 88 28.02M
SMN STRUCTURAL MONITORING-CDI 0.5 60 58.82M
DUB DUBBER CORP LTD 0.77 55 148.21M
KNM KNEOMEDIA LTD 0.01 50 11.39M
AVC AUCTUS ALTERNATIVE INVESTMEN 0.22 50 8.85M
CGL CITADEL GROUP LTD/THE 2.04 48 115.68M
KWR KINGWEST RESOURCES LTD 0.12 46 14.63M
KTD KEYTONE DAIRY CORP LTD 0.32 45 68.84M
IQ3 IQ3CORP LTD 0.18 44 18.71M
AU1 AGENCY GROUP AUSTRALIA LTD 0.059 44 17.64M
XPL XPLORE WEALTH LTD 0.057 43 16.96M
KPO KALINA POWER LTD 0.026 42 22.12M
KSN KINGSTON RESOURCES LTD 0.1 40 18.54M
TIE TIETTO MINERALS LTD 0.21 40 74.58M
EXP EXPERIENCE CO LTD 0.07 39 39.46M
AIS AERIS RESOURCES LTD 0.04 39 19.60M
RDC REDCAPE HOTEL GROUP 0.61 39 336.84M
TNY TINYBEANS GROUP PTY LTD 0.9 38 40.87M
SKF SKYFII LTD 0.1 45 32.64M
AMS ATOMOS LTD 0.41 37 76.55M
HCH HOT CHILI LTD 0.015 36 25.91M
MMM MARLEY SPOON AG-CDI 0.57 36 90.36M
REG REGIS HEALTHCARE LTD 1.18 36 354.88M
MML MEDUSA MINING LTD 0.56 35 115.33M
NVX NOVONIX LTD 0.34 34 43.79M
PAR PARADIGM BIOPHARMACEUTICALS 1.66 34 329.36M
WSP WHISPIR LTD 1.2 33 124.48M

 

1st Group (ASX:1ST)

The ASX has made it clear that opportunistic announcements related to COVID-19 now warrant further scrutiny.

But 1st Group’s market update passed the test this morning, as the digital health platform announced the launch of a healthcare services directory to simplify the enquiry process for COVID-19 tests.

The directory has “over 200 COVID-19 clinics already listed, including all government pop-up clinics, with more being added every day”, 1st Group said. Shares in the company climbed more than 40 per cent in morning trade.

 

LOSERS

Here are the worst performing ASX small cap stocks at 12pm Friday March 27:

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

CODE COMPANY PRICE CHANGE MARKET CAP
SSG SHAVER SHOP GROUP LTD 0.27 -31 34.14M
CXZ CONNEXION TELEMATICS LTD 0.011 -31 9.49M
MHJ MICHAEL HILL INTERNATIONAL L 0.24 -31 93.07M
OLI OLIVER'S REAL FOOD LTD 0.05 -32 13.00M
SXL SOUTHERN CROSS MEDIA GROUP L 0.17 -33 126.89M
WPP WPP AUNZ LTD 0.27 -33 230.08M
CNL CELAMIN HOLDINGS LTD 0.08 -33 13.14M
MOQ MOQ LTD 0.1 -33 17.75M
BET BETMAKERS TECHNOLOGY GROUP L 0.1 -33 47.39M
TBL TAMBLA LTD 0.12 -33 2.38M
ZMI ZINC OF IRELAND NL 0.03 -35 3.16M
ACU ACUMENTIS GROUP LTD 0.05 -35 7.94M
APH AUSTRALIAN PRIMARY HEMP LTD 0.05 -36 3.55M
JXT JAXSTA LTD 0.018 -42 4.70M
CYM CYPRIUM METALS LTD 0.09 -39 5.10M
AGJ AGRICULTURAL LAND TRUST 0.03 -40 2.93M
OPL OPYL LTD 0.04 -41 1.18M
PPE PEOPLE INFRASTRUCTURE LTD 1.09 -42 80.03M
CRL COMET RESOURCES LTD 0.01 -43 2.37M
ROO ROOTS SUSTAINABLE AGRICU-CDI 0.01 -44 1.28M
TGN TUNGSTEN MINING NL 0.1 -45 80.89M
PNC PIONEER CREDIT LTD 0.37 -49 23.46M
TZL TZ LTD 0.03 -53 2.57M
HRR HERON RESOURCES LTD 0.02 -56 8.57M
VP7 VELOCITY PROPERTY GROUP LTD 0.5 -59 5.69M
IMM IMMUTEP LTD 0.12 -60 45.04M
BOT BOTANIX PHARMACEUTICALS LTD 0.024 -64 25.29M