Spring’s here and it means (gradually) longer days, footy finals and, unfortunately for one snake, magpie swooping.

A video uploaded to YouTube last week shows a snake trying to escape the clutches of this determined maggie.

Unfortunately the markets today are also getting swooped, with the ASX Small Ords losing 0.55 per cent to 2,870 points, and the ASX 200 losing 0.47 per cent to 6,617 points.

ANZ-Roy Morgan consumer confidence fell 1 per cent last week mainly because consumer willingness to buy a major household item fell 7 per cent.

NAB’s monthly business confidence and conditions have declined in the last month. Confidence fell across all states and most industries, although mining bucked the trend – edging higher.

Economic commentator Michael Pascoe formally declared on Twitter minutes after the release that the Morrison government’s tax cuts had not worked as hoped to boost sentiment.

 

Going up

Winchester Energy (ASX:WEL) recovered significant oil from its Texas project and jumped 30 per cent.

Mesoblast (ASX:MSB) announced it had secured a partnership to develop an anti-back pain stem cell treatment and climbed 17 per cent.

Here are the best performing ASX small cap stocks at lunchtime, Tuesday September 10:

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Code Name Price % Chg Market Cap Volume
GPP Greenpower Energy Ltd 0.0015 +50.00% $3.0M 393.0k
PNN PepinNini Lithium Ltd 0.003 +50.00% $3.7M 300.0k
OEX Oilex Ltd 0.003 +50.00% $13.0M 2.0M
WEL Winchester Energy Ltd 0.06 +28.89% $31.2M 13.2M
AO1 AssetOwl Ltd 0.009 +28.57% $2.7M 125.0k
SCN Scorpion Minerals Ltd 0.01 +25.00% $1.8M 48.8k
TSC Twenty Seven Co Ltd 0.005 +25.00% $5.4M 500.0k
MAG Magmatic Resources Ltd 0.05 +21.95% $5.9M 2.9M
FSG Field Solutions Holdings Ltd 0.02 +21.43% $7.3M 100.0k
CTO Citigold Corp Ltd 0.01 +20.00% $14.4M 463.3k
RIM Rimfire Pacific Mining NL 0.003 +20.00% $4.1M 170.0k
LTR Liontown Resources Ltd 0.12 +18.56% $192.9M 11.9M
MSB Mesoblast Ltd 1.7 +16.84% $857.7M 2.8M
CGR CML Group Ltd 0.49 +16.67% $98.7M 1.0M
DDT DataDot Technology Ltd 0.01 +16.67% $5.6M 942.9k
A4N Alpha HPA Ltd 0.15 +15.38% $90.3M 356.9k
AUZ Australian Mines Ltd 0.03 +14.81% $106.8M 28.0M
FPL Fremont Petroleum Corp Ltd 0.008 +14.29% $13.3M 906.5k
KEY Key Petroleum Ltd 0.008 +14.29% $13.5M 1.2M

 

Going down

Syrah Resources (ASX:SYR) has crashed nearly 30 per cent after announcing a significant reduction in graphite production and the need for more cost cuts. Why? Falling graphite prices in China.

Here are the worst performing ASX small cap stocks at lunchtime, Tuesday September 10:

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

Code Name Price % Chg Market Cap Volume
UTR Ultracharge Ltd 0.001 -50.00% $1.1M 1.2M
CAD Caeneus Minerals Ltd 0.001 -50.00% $2.1M 562.5k
GTR GTI Resources Ltd 0.01 -35.00% $3.6M 895.3k
SYR Syrah Resources Ltd 0.5 -28.37% $209.8M 16.2M
LCT Living Cell Technologies Ltd 0.02 -26.09% $9.7M 2.8M
RXH Rewardle Holdings Ltd 0.003 -25.00% $1.6M 200.0k
RFN Reffind Ltd 0.003 -25.00% $1.9M 25.0k
IVO Invigor Group Ltd 0.003 -25.00% $8.6M 4.5M
PPL Pureprofile Ltd 0.02 -21.43% $2.6M 292.3k
SBR Sabre Resources Ltd 0.004 -20.00% $1.9M 99.9k
SFX Sheffield Resources Ltd/AU 0.4 -18.37% $105.1M 301.4k
GO2 GO2 People Ltd/The 0.08 -16.67% $8.8M 31.6k
EMU Emu NL 0.03 -16.67% $5.2M 105.6k
MOQ MOQ Ltd 0.22 -15.38% $39.0M 100
WNB Wellness and Beauty Solutions 0.01 -14.29% $4.6M 435.0k
WRM White Rock Minerals Ltd 0.01 -12.50% $11.5M 3.3M
NAE New Age Exploration Ltd 0 -12.50% $3.1M 1.0M
ESR Estrella Resources Ltd 0.01 -12.50% $3.7M 100.0k
SVL Silver Mines Ltd 0.11 -12.50% $80.5M 11.7M