The S&P/ASX200 Index halted its winning streak to lose 0.3 percent at mid-week as banks and commodity stocks dragged the index.

Major banks were in the red as Westpac (ASX:WBC) retreated 1.4 percent, National Australia Bank (ASX:NAB) fell 1.3 percent, Australia and New Zealand Banking Group (ASX:ANZ) and Commonwealth Bank of Australia (ASX:CBA) both lost 1 percent. Only Macquarie Group (ASX:MQG) traded 0.2 percent higher.

Iron ore miners were laggards as Fortescue Metals Group (ASX:FMG) dived 1.4 percent, Rio Tinto (ASX:RIO) dumped 1.3 percent, Newcrest Mining (ASX:NCM) trailed 0.7 percent and BHP Group (ASX:BHP) dipped 0.8 percent.

BNPL sector finished mixed as Zip Co (ASX:Z1P) plunged 4.1 percent, Sezzle (AX:SZL) crashed 1.3 and Splitit (ASX:SPT) slid 0.7 percent. Meanwhile, Afterpay (ASX:APT) jumped 1.7 percent and Openpay Group (ASX:OPY) firmed 0.3 percent.

Cirralto Limited (ASX:CRO)
Business payments specialist CRO surged 30.3 percent to extend its incredible run for 2020. CRO participated in StockPal’s recent Tech in Oz Webinar featuring 4 other ASX-listed companies. View the recap of the webinar here: https://stockpal.asia/2020/10/tech-in-oz-webinar-recap-30-sep/

ikeGPS Group Limited (ASX:IKE)
Dual-listed power pole data solutions firm IKE soared 22.4 percent after being awarded a contract with one of USA’s largest utilities companies to implement its IKE Analyze platform.

Castile Resources Limited (ASX:CST)
Oz-based gold and copper-zine-silver explorer rose 20.6 percent after announcing a stunning gold intercept from its flagship Rover 1 project located at the township of Tennant Creek in the Northern Territory.

Estrella Resources Limited (ASX:ESR)
WA-based gold and nickel explorer continues its impressive run to jump 20.5 percent after a significant massive nickel sulphide discovery at its Carr Boyd project last week.

Azure Minerals Limited (ASX:AZS)
WA- and Mexico-based AZS finished 19.7 percent higher after appointing Mr. Wayne Bramwellhas as a non-executive director of the Company. Mr Bramwell (BSc (Extractive Metallurgy), Grad Dip Bus, MSc (Min. Econ), GAICD) is a metallurgist with over 29 years of International and Australian project evaluation, development and operations expertise across the base metals, precious metals and bulk commodity sectors. He is currently the Group Business Manager for the Creasy Group and a non-executive director of ASX listed gold producer Westgold Resources Limited.

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The S&P/ASX200 Index extended its incredible streak to close 1 percent higher with the banks leading the charge.

Banks carried the index as Australia and New Zealand Banking Group (ASX:ANZ) surged 2.7 percent, Westpac (ASX:WBC) soared 2.2 percent, National Australia Bank (ASX:NAB) edged 2 percent while Macquarie Group (ASX:MQG) and Commonwealth Bank of Australia (ASX:CBA) both finished 1.1 percent higher.

Iron ore miners bucked the trend as Fortescue Metals Group (ASX:FMG) retreated 1.4 percent, BHP Group (ASX:BHP) and Newcrest Mining (ASX:NCM) both dipped 0.4 percent, while Rio Tinto (ASX:RIO) closed flat.

‘Buy-now, pay-later’ sector were mostly in the red as Splitit (ASX:SPT) plunged 3.8 percent, Sezzle (ASX:SZL) fell 2.3 percent, Openpay (ASX:OPY) lost 2.2 percent, Zip Co (ASX:Z1P) slid 1.1 percent, while Afterpay (ASX:APT) jumped 2.7 percent.

Troy Resources Limited (ASX:TRY)
South America- and -based junior gold explorer soared 36.4 percent after its second hole from the three-hole drilling program to define an initial Ore Reserve at Smarts Underground has returned a world class, spectacular drilling result.

Ardiden Limited (ASX:ADV)
Canadian-based gold-focused explorer CDV surged 30.8 percent after it had its tier-1 large-scale structural targets for gold mineralisation defined in detail across Brownfields ground at New Patricia, directly along strike of Barrick’s Golden Patricia underground gold mine.

BluGlass Limited (ASX:BLG)
Australian semiconductor technology developer BLG rose 19.7 percent after providing its latest business update on its laser diode product development. The laser diode business unit has made progress in all three of its development areas: technology, product development and manufacturing preparedness.

Thorn Group Limited (ASX:TGA)
Australia’s leading financial service providers TGA gained 19.1 percent after on Monday, put $54.1 million of free cash to use through a $24.2 million special dividend.

Viva Energy Group Limited (ASX:VEA)
Oz-based energy producing giant VEA jumped 19.1 percent on Tuesday. VEA operates one of only four refineries in Australia, Geelong Refinery – supplying over 10 percent of all Australia’s fuel demand, with more than 50 percent fuel supplied to Victori

 

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The S&P/ASX200 Index charged into a sixth-day winning streak on Monday, closing 0.5 percent higher with a huge boost from the major banks.

Banks were in rosy territory as Australia and New Zealand Banking Group (ASX:ANZ) surged 2 percent, Westpac Banking Corp (ASX:WBC) jumped 1.9 percent, , National Australia Bank (ASX:NAB) rose 1.6 percent and Commonwealth Bank of Australia (ASX:CBA) firmed 1.3 percent.

Iron ore miners mostly saw red as Rio Tinto (ASX:RIO) dipped 0.9 percent, Fortescue Metals Group (ASX:FMG) fell 0.5 percent, BHP Group (ASX:BHP) slid 0.4 percent while Newcrest Mining (ASX:NCM) gained 1.7 percent.

‘Buy-now, pay-later’ performed well on Monday as Sezzle (ASX:SZL) flew 6.2 percent, Splitit (ASX:SPT) added 4.6 percent, Afterpay (ASX:APT) jumped 2.8 percent and Openpay (ASX:OPY) added 1.3 percent.

Azure Minerals Limited (ASX:AZS)
Nickel-copper sulphides miner AZS rocketed 61.7 percent after significant discovery was intersected in the first hole at Andover ANDD0001

Estrella Resources Limited (ASX:ESR)
WA-based gold and nickel explorer continues its impressive run to surge 28.1 percent after a significant massive nickel sulphide discovery at its Carr Boyd project last week.

Brockman Mining Limited (ASX:BCK)
Junior iron ore miner soared 26.1 percent. BCK’s hematite projects are located in the Pilbara Region of Western Australia, adjacent to the core tenements of Western Australia’s other major iron ore developers.

Link Administration Holdings Limited (ASX:LNK)
Record keeping technology and information solutions provider jumped 25.1 percent after entering into a non-binding indicative proposal from a consortium comprising Pacific Equity Partners, Carlyle Group and their affiliates to acquire 100% of LNK’s shares.

Empire Energy Group Limited (ASX:EEG)
Sydney-based junior O&G company EEG rose 22.4 percent after releasing its latest drilling results for its Carpentaria-1 project which intersected liquids rich Velkerri shale gas


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