Lunchtime ASX small cap wrap: Who’s ready to party today?

Link copied to
clipboard

Sydney’s nightlife is set to get a shot in the arm, with the city’s controversial lockout laws to be lifted from today.

The rollback will be implemented in the Sydney CBD and Oxford St, but restrictions will remain in place at the former party hub of King’s Cross.

So from tonight onwards, patrons will be permitted to enter different venues after 1:30am. The call for last drinks has also been extended by half an hour to 3:30am.

It marks the end of a tumultuous five-year period, after lawmakers initially enacted the policy following two “king-hit” deaths in the Kings Cross area.

While crime rates dropped, many city residents bemoaned the relative lack of nightlife in Australia’s largest city. To kick things off, a few venues around town are holding celebration parties tonight.

ASX small-cap investors also had something to cheer about this morning, as the ASX Small Ords rose by 0.91 per cent to 3,020 points — crossing the 3,000 mark for the first time since the 2008 financial crisis.

The ASX200 was also in positive territory, up 0.76 per cent to 6,956 points.

GOING UP

Junior explorer Castillo Copper (ASX:CCZ) held its gains into midday trade after a positive update at its Queensland copper operation. The gains followed a review of historic data at Castillo’s projects within the Mt Oxide pillar of the Mt Isa copper belt.

The company called the results from the review a “game changing development that materially enhances the exploration upside”.

Here are the best performing ASX small cap stocks at 12pm Tuesday, January 14:

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

GOING DOWN

Retail group Mosaic Brands (ASX:MOZ) fell sharply following a negative trading update, where it said comparable sales results fell sharply for the second half of November and December.

Mosaic said sales were “significantly impacted” by the horrific bushfire season that had destroyed almost 2,000 homes and claimed 17 lives across Australia.

Here are the worst performing ASX small cap stocks at 12pm Tuesday, January 14:

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

At Stockhead, we tell it like it is. While Castillo Copper is a Stockhead advertiser, it did not sponsor this article.

share

• 
• 
• 
• 

Link copied to
clipboard

SUBSCRIBE

Get the latest Stockhead news delivered free to your inbox.

Name*

Email*

This field is hidden when viewing the form

Email Lists

Morning Update

Lunch Update

Market Close Update

Weekend Update

Spotlight

Name

This field is for validation purposes and should be left unchanged.

It's free. Unsubscribe whenever you want.

By proceeding, you confirm you understand that we handle personal information in accordance with our Privacy Policy.

You might be interested in

Mining

Resources Top 5: Queensland government in QEM's corner with vanadium announcement

December 23, 2024 | Josh Chiat

News

Closing Bell: ASX trims losses as RBA softens rate-hike language

December 10, 2024 | Eddy Sunarto

Mining

Resources Top 5: Niobium punters send Aldoro 250pc higher in a month

December 9, 2024 | Josh Chiat