The S&P/ASX200 Index fell short on Monday by 0.2 percent but ended the month stronger at 2.2 percent higher.

Financials continues to show weakness from Friday’s session as Commonwealth Bank of Australia (ASX:CBA) slid 1.2 percent, Australia and New Zealand Banking Group (ASX:ANZ) fell 0.7 percent, Westpac Banking Corp (ASX:WBC) dipped 0.1 percent and National Australia Bank (ASX:NAB) closed flat.

Iron ore miners closed mixed as Fortescue Metals Group (ASX:FMG) nosedived 7.7 percent, Newcrest Mining (ASX:NCM) rose 1.9 percent, BHP Group (ASX:BHP) recovered 0.5 percent and Rio Tinto (ASX:RIO) closed 0.1 percent higher.

Elsewhere, ‘buy-now, pay-later’ stocks had mixed results after earnings results with Sezzle (ASX:SZL) plunging 9.4 percent, Openpay (ASX:OPY) retreated 8.1 percent while Afterpay (ASX:APT) gained 3 percent and Splitit (ASX:SPT) firming 1.6 percent.

Weebit Nano Ltd (ASX:WBT)
Israeli-based computer memory tech company WBT soared 25.8 percent to top the chart on Monday also saw its share price doubling in little over a week. On 28 August, WBT released its FY20 annual report to much fanfare as it showed strong commercial and technical progress in the last FY.

Clean Teq Holdings Ltd (ASX:CLQ)
Melbourne-based metals recovery and industrial water treatment tech CLQ surged 23.3 percent after its ASX announcement earlier today on its completion of its first DESALX plan in Australia.

5G Networks Ltd/Australia (ASX:5GN)
Cellular network telco rose 23.1 percent today having recently secured an AUD 18.3 million placement amid the COVID-19 pandemic that has driven the cyber security and data centre frenzy on the last 6 months.

Secos Group Ltd (ASX:SES)
Sustainable packaging materials developer and manufacturer SES jumped 20.7 percent after releasing its full FY20 results with 91% increase in gross profit with an almost 3.5 times lower net loss after tax.

Temple & Webster Group Ltd (ASX:TPW)
Online furniture and homewares retailer TPW gained 18 percent against strong FY20 results starting with 74% revenue growth YoY, 483% EBITDA growth YoY and almost tripling of its cash-on-hand from FY19.

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The S&P/ASX200 Index tumbled 0.9 percent on Friday to close 0.2 percent lower for the week.

Major iron ore producers dipped into the red as Newcrest Mining (ASX:NCM) plummeted 2.5 percent, Fortescue Metals Group (ASX:FMG) and Rio Tinto (ASX:RIO) both plunged 2.2 percent while BHP Group (ASX:BHP) fell 1.9 percent.

Banks had a better showing as Westpac (ASX:WBC) rose 0.9 percent, National Australia Bank (ASX:NAB) firmed 0.7 percent, New Zealand Banking Group (ASX:ANZ) gained 0.4 percent and Commonwealth Bank of Australia (ASX:CBA) traded flat at 0.03 percent.

Elsewhere, Wesfarmers (ASX:WES) retreated 2.2 percent and Biopharmaceutical giant CSL (ASX:CSL) fell 1.3 percent.

Information Technology and Consumer Discretionary sectors dominates the top 10 today after strong performances from PointsBet Holdings and Buddy Technologies as both closed over 1,840% higher in just one week.

PointsBet Holdings Ltd (ASX:PBH)
Australia’s fastest growing online bookmaker PBH skyrocketed 87 percent after it inked a partnership deal with NBCUniversal and raised $300 million in capital. (Source: AFR)

Tungsten Mining NL (ASX:TGN)
Tungsten explorer and developer TGN closed a massive 74.2 percent higher. Tungsten Mining holds a strong portfolio of Projects within Australia, all with tungsten mineralisation on which we aim to define JORC compliant resources in the near term. (Source: Finance News Network)

Buddy Technologies Ltd (ASX:BUD)
Innovative smart bulb and home tech company BUD has gotten into the top 10 three times this week, soaring 33.3 percent on Friday after announcing the world-first disinfecting anti-bacterial smart light for its LIFX series.

Cirralto Ltd (ASX:CRO)
Business payments specialist CRO surged 31.3 percent. It is confirmed that CRO will acquire Perth-based SaaS platform, Appstablishment, in October which will expand its existing customers of its Spenda technology suite. Watch the interview with CEO Adrian Floate here: https://youtu.be/InR524JMA90

Betmakers Technology Group (ASX:BET)
Online betting firm BET jumped 24.7 percent on Friday after revealing improved losses for its FY20 full-year annual report.

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The S&P/ASX 200 Index improved slightly 0.2 percent after strong trading sessions from miners.

Major iron ore producers were in the green as Fortescue Metals Group (ASX:FMG) rose 3.1 percent, Newcrest Mining (ASX:NCM) jumped 1.6 percent, BHP Group (ASX:BHP) firmed 1.1 percent, Rio Tinto (ASX:RIO) gained 0.8 percent.

Banks had another poor showing as Westpac (ASX:WBC) lost 1.3 percent, National Australia Bank (ASX:NAB) and Australia and New Zealand Banking Group (ASX:ANZ) both fell 1.1 percent and Commonwealth Bank of Australia (ASX:CBA) dipped 0.8 percent.

Elsewhere, major retailer Woolworths (ASX:WOW) rallied 2.8 percent, Wesfarmers (ASX:WES) climbed 1.3 percent and Biopharmaceutical giant CSL (ASX:CSL) extended its road to recovery at 0.9 percent.

Bionomics Limited (ASX:BNO)
Innovative therapies and unmet medical needs company BNO surged 36.4 percent. The company released an announcement on ASX to clarify after the exchange questioned the significant rise in share price.

Vista Group International Limited (ASX:VGL)
Broad cinema management software provide VGL soared 22 percent after better-than-expected half-year report and accounts despite the major disruption to the movie industry due to COVID-19.

Mithril Resources Limited (ASX:MTH)
Mexican-focused gold-silver explorer MTH rose 21.1 percent after recent positive updates on its Gold and Silver grades at its Copalquin Project at La Soledad.

Buddy Technologies Limited (ASX:BUD)
Innovative smart bulb and home tech company BUD continues its ascend at 19 percent after receiving its largest purchase order last week of approximately AUD 4.3 million, beating the previous record set in April of AUD 3.8 million.

Mortgage Choice Limited (ASX:MOC)
Leading mortgage and home loan broker jumped 18.1 percent after releasing its FY20 results on the ASX. Highlights include a 7% higher settled home loands of AUD 10 billion, up from AUD 9.4 billion in 2019.

 

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