{"id":11216,"date":"2021-08-05T06:29:04","date_gmt":"2021-08-05T06:29:04","guid":{"rendered":"https:\/\/economicherald.net\/?p=11216"},"modified":"2021-08-05T06:29:04","modified_gmt":"2021-08-05T06:29:04","slug":"closing-bell-asx-rises-again-hits-all-time-high","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=11216","title":{"rendered":"Closing Bell: ASX rises again, hits all time high"},"content":{"rendered":"<p>The ASX had another positive day but, unlike yesterday, held momentum to close at an all time high.<\/p>\n<p>The ASX 200 closed at 7,511 points which was an 0.11% gain although the ASX Emerging Companies Index fell 0.63% to 2,226 points.<\/p>\n<p>The top sectors were property trusts and consumer discretionary goods which rose 1.05% and 0.84%. The worst sectors were energy and resources which fell 1.22% and 1.3% respectively.<\/p>\n<p>The ASX finished below other markets in Asia although still above Wall Street, which closed mostly lower overnight.<\/p>\n<p>\u00a0<\/p>\n<h2>TODAY\u2019S BIGGEST WINNERS<\/h2>\n<p><em>Scroll or swipe to reveal table. Click headings to sort.<\/em><\/p>\n<p><em>Stocks highlighted in yellow rose after making announcements during intraday trade.<\/em><\/p>\n<div class=\"supsystic-table-loader spinner\"><\/div>\n<div class=\"supsystic-tables-wrap \">\n<div class=\"supsystic-tables-features\"><\/div>\n<p>Code Company Price % Volume PFE Panteraminerals 0.405 103 34606267 WOO Wooboard Tech Ltd 0.002 100 26574667 ANL Amani Gold Ltd 0.0015 50 11025000 PCL Pancontinental Oil 0.002 33 27835024 LEL Lithenergy 0.6 25 2819014 OPL Opyl Limited 0.15 25 61244 BAS Bass Oil Ltd 0.0025 25 2804976 CCE Carnegie Cln Energy 0.0025 25 5918113 CLE Cyclone Metals 0.006 20 44141469 MNS Magnis Energy Tech 0.38 19 49950052 ARR American Rare Earths 0.11 17 11324825 IOD Iodm Limited 0.3 15 217183 SWP Swoop Holdings Ltd 1.595 15 445448 BIR BIR Financial Ltd 0.039 15 454617 GTG Genetic Technologies 0.008 14 12599599 FTZ Fertoz Ltd 0.24 14 1070172 CNJ Conico Ltd 0.065 14 8551272 DGL DGL Group Limited 1.86 13 815667 CHR Charger Metals 0.31 13 4002418 AFW Applyflow Limited 0.009 13 63153854 DDD 3D Resources Limited 0.0045 13 799246 <!-- \/#supsystic-table-6660.supsystic-table --><\/p>\n<div class=\"stbConditionsData\"><\/div>\n<\/div>\n<p><!-- \/.supsystic-tables-wrap --><!-- Tables Generator by Supsystic --><!-- Version:1.10.36 --><!-- http:\/\/supsystic.com\/ --><a title=\"Wordpress Table Plugin\" href=\"https:\/\/supsystic.com\/plugins\/wordpress-data-table-plugin\/?utm_medium=love_link\" target=\"_blank\" rel=\"noopener\">WordPress Table Plugin<\/a><\/p>\n<p>Topping the charts was <a href=\"https:\/\/stockhead.com.au\/company\/pantera-minerals-pfe\/\"><strong>Pantera Minerals (ASX:PFE)<\/strong><\/a>, t<a href=\"https:\/\/stockhead.com.au\/resources\/pantera-rings-the-asx-bell-as-wa-iron-ore-exploration-calls\/\">he ASX\u2019s newest iron ore company<\/a>.<\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/lithium-energy-lel\/\">Lithium Energy (ASX:LEL)<\/a> announced the environmental impact assessment (EIA) for its Solaroz project in Argentina was entering the final stages of evaluation.<\/p>\n<p>Telco <a href=\"https:\/\/stockhead.com.au\/company\/swoop-telecommunications-swp\/\"><strong>Swoop (ASX:SWP)<\/strong><\/a> secured a $5 million contract with Orro Group to provide NBN Enterprise Ethernet services across WA.<\/p>\n<p>And payments platform <a href=\"https:\/\/stockhead.com.au\/company\/iodm-iod\/\">Iodm (ASX:IOD)<\/a> announcing a new revenue opportunity in the UK.<\/p>\n<p>\u00a0<\/p>\n<h2>TODAY\u2019S BIGGEST LOSERS<\/h2>\n<p><em>Scroll or swipe to reveal table. Click headings to sort.<\/em><\/p>\n<p><em>Stocks highlighted in yellow fell after making announcements during intraday trade.<\/em><\/p>\n<div class=\"supsystic-table-loader spinner\"><\/div>\n<div class=\"supsystic-tables-wrap \">\n<div class=\"supsystic-tables-features\"><\/div>\n<p>Code Company Price % Volume VAL Valor Resources Ltd 0.008 -27 37297010 AIR Astivita Ltd 0.68 -24 17103 AIB Aurora Glb Trust 0.125 -22 316561 ALT Analytica Limited 0.002 -20 4143490 OEX Oilex Ltd 0.004 -20 6550000 EGY Energy Tech Ltd 0.13 -19 99511 EQE Equus Mining Ltd 0.01 -17 8695412 GFN Gefen Int 0.76 -15 28404 ROO Roots Sustainable 0.01 -13 6279866 G88 Golden Mile Res Ltd 0.054 -13 3370345 NTL New Talisman Gold 0.0035 -13 174748 RD1 Registry Direct 0.014 -13 1000000 CXM Centrex Metals 0.043 -12 257117 AQC Auspaccoal Ltd 0.2 -11 1000 PNX PNX Metals Limited 0.008 -11 18445875 HXL Hexima 0.25 -11 233666 LCK Leigh Crk Energy Ltd 0.125 -11 2395928 AXE Archer Materials 1.45 -10 1350616 CTE Cryosite Limited 0.39 -10 32907 CWZ Cashwerkz Limited 0.305 -10 17985 RAP Resapp Health Ltd 0.044 -10 3080215 <!-- \/#supsystic-table-6661.supsystic-table --><\/p>\n<div class=\"stbConditionsData\"><\/div>\n<\/div>\n<p><!-- \/.supsystic-tables-wrap --><!-- Tables Generator by Supsystic --><!-- Version:1.10.36 --><!-- http:\/\/supsystic.com\/ --><a title=\"Wordpress Table Plugin\" href=\"https:\/\/supsystic.com\/plugins\/wordpress-data-table-plugin\/?utm_medium=love_link\" target=\"_blank\" rel=\"noopener\">WordPress Table Plugin<\/a><\/p>\n<p><strong><a href=\"https:\/\/stockhead.com.au\/company\/equus-mining-eqe\/\">Equus Mining (ASX:EQE)<\/a><\/strong> fell after announcing drilling results.<\/p>\n<p>\u00a0<\/p>\n<h2><strong>ANNOUNCEMENTS YOU MAY\u2019VE MISSED<\/strong><\/h2>\n<p>Gold producer <a href=\"https:\/\/stockhead.com.au\/company\/resolute-mining-rsg\/\"><strong>Resolute (ASX:RSG)<\/strong><\/a> sealed a deal to sell its Bibiani Gold Mine to Asante Gold Corporation. It will receive a total of US$90 million in compensation over the next 12 months and will apply the initial proceeds to repay debt.<\/p>\n<p>Digital landing platform <a href=\"https:\/\/stockhead.com.au\/company\/plenti-group-plt\/\"><strong>Plenti (ASX:PLT)<\/strong><\/a> issued its inaugural $306.3m of initial asset backed security (ABS), pricing it at a weighted average 97bp above the one month BBSW. Around 87.8% of the notes are expected to be rated Aaa by Moody\u2019s.<\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/valor-resources-val\/\"><strong>Valor Resources (ASX:VAL)<\/strong><\/a> identified several new targets for drilling at its Hook Lake uranium Project. These came from a radiometric survey the company conducted at the end of the last month.<\/p>\n<p>Microcap medical device company <a class=\"c-link\" href=\"https:\/\/stockhead.com.au\/company\/dorsavi-dvl\/\" target=\"_blank\" rel=\"noopener\">dorsaVi (ASX:DVL)<\/a> extended its contract with medtech giant Medtronic for a further 5 months, worth an additional ~US$171k to the US$330k signed in the original agreement in March. The work will involve analysis of data on patients wearing dorsaVi medical grade wearable sensors.<\/p>\n<p>Independent Investment Research reckons junior gold and nickel explorer\u00a0<a href=\"https:\/\/stockhead.com.au\/company\/moho-resources-moh\/\"><strong>Moho Resources\u2019 (ASX:MOH)<\/strong><\/a> plans to develop the East Simpson Dam gold deposit as a toll treating operation is key for funding ongoing activities at Silver Swan North. The Silver Swan North deposit is just 50km NE of Kalgoorlie, and within trucking distance of several mills.<\/p>\n<p>SaaS company <a href=\"https:\/\/stockhead.com.au\/company\/technology-one\/\"><strong>Technology One (ASX:TNE)<\/strong><\/a>, which has been fighting a lawsuit by a former employee accusing the company if firing him when he made a bullying complaint, said the Federal Court\u2019s original judgement against TNE has been overturned. The case will now proceed to a new trial.<\/p>\n<p>\u00a0<\/p>\n<h2><strong>TRADING HALTS<\/strong><\/h2>\n<p><strong>Friday<\/strong><\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/holista-colltech-hct\/\"><strong>Holista CollTech (ASX:HCT)<\/strong><\/a>\u00a0\u2013 ASIC proceedings<br \/>\n<a href=\"https:\/\/stockhead.com.au\/company\/peak-resources-pek\/\"><strong>Peak Resources (ASX:PEK)<\/strong><\/a>\u00a0\u2013 capital raising<br \/>\n<a href=\"https:\/\/stockhead.com.au\/company\/brookside-energy-brk\/\"><strong>Brookside Energy (ASX:BRK)<\/strong><\/a>\u00a0\u2013 capital raising<br \/>\n<a href=\"https:\/\/stockhead.com.au\/company\/rex-minerals-rxm\/\"><strong>Rex Minerals (ASX:RXM)<\/strong><\/a>\u00a0\u2013 capital raising<\/p>\n<p><strong>Monday<\/strong><\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/red-sky-energy-rog\/\"><strong>Red Sky Energy (ASX:ROG)<\/strong><\/a> \u2013 capital raising<br \/>\n<strong><a href=\"https:\/\/stockhead.com.au\/company\/highfield-resources-hfr\/\">Highfield Resources (ASX:HFR)<\/a><\/strong> \u2013 capital raising<\/p>\n<p>The post <a href=\"https:\/\/stockhead.com.au\/news\/closing-bell-asx-rises-again-hits-all-time-high\/\">Closing Bell: ASX rises again, hits all time high<\/a> appeared first on <a href=\"https:\/\/stockhead.com.au\/\">Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>The ASX had another positive day but, unlike yesterday, held momentum to close at an all time high. The ASX 200 closed at 7,511 points <a href=\"https:\/\/economicherald.net\/?p=11216\" class=\"read-more-link\">[more&#8230;]<\/a><\/p>\n","protected":false},"author":0,"featured_media":11217,"comment_status":"","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-11216","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Closing Bell: ASX rises again, hits all time high - Economic Herald<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/economicherald.net\/?p=11216\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Closing Bell: ASX rises again, hits all time high - Economic Herald\" \/>\n<meta property=\"og:description\" content=\"The ASX had another positive day but, unlike yesterday, held momentum to close at an all time high. 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