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Mid-Week Top 10 ASX Companies



10 ASX Companies That Performed On Top Today - 5 August 2020

The S&P/ASX 200 Index retreated 0.6 percent after recording its deadliest day of COVID-19 pandemic in the worst-hit state of Victoria.

Amongst large caps and health care stocks that took the tumble such as Suncorp (ASX:SUN) fell 3.7 percent, ResMed (ASX:RMD) dipped 2.9 percent, Cochlear (ASX:COH) lost 2.8 percent and QBE Insurance Group (ASX:QBE) closed 2.4 percent down.

Gold miners bucked the trend as the precious metal broke USD 2,000 per ounce for the first time as Northern Star Resources (ASX:NST) rose 4.3 percent, Evolution Mining (ASX:EVN) gained 3.7 percent and Newcrest Mining (ASX:NCM) improved 2.9 percent.

E-commerce and work-from-home stocks performed as well as Goodman Group (ASX:GMG) firmed 1.5 percent and Redbubble (ASX:RBL) jumped 7.8 percent.

Top 10 Performing ASX Companies Today With Market Cap Above AUD 50M

Poseidon Nickel (ASX:POS)
WA-based sulphide nickel miner POS rocketed 50 percent after announcing its recent Black Swan discovery with another intersection of a thick bed of massive sulphides. (Source: The Market Herald)

Alterity Therapeutics (ASX:ATH)
Neurodegenerative diseases-focused health care play ATH jumped 39 percent today after positive animal study results of its ATH434 against Multiple System Atrophy (MSA) — an atypical form of Parkinson’s disease.

Auteco Minerals (ASX:AUT)
Emerging gold explorer AUT surged 22.9 percent after recent announcements that it is advancing its strategy to upgrade the gold inventory at its Pickle Crow project in Ontario, Canada, with the arrival of a second rig and the setting up of a 24-person camp for year-round exploration. (Source: Proactive Investors)

LiveHire (ASX:LVH)
Recruitment and talent mobility software provider LVH soared 21.2 percent having recently announced its cash receipts increased 43% YoY to AUD 4.5 million for the full fiscal year ended in June while software-as-a-service annualised recurring revenue was AUD 3.5 million in the June quarter, a YoY increase of 38%. (Source: Staffing Industry Analysts)

Proteomics International Labs (ASX:PIQ)
Pioneering medical tech company PIQ rose 20.2 percent after its recent announcement that its IP portfolio PromarkerD now secured patents for Brazil and Canada to add it its list from USA, Europe, Australia, China, Indonesia, Russia, Singapore and Japan.

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