The S&P/ASX200 Index fell 0.6 percent on Friday to mark a disappointing 3.9 percent deficit for the week – the worst since April.

Banks ended mixed as Commonwealth Bank of Australia (ASX:CBA) edged 1.3 percent, Australia and New Zealand Banking Group (ASX:ANZ) grew 0.6 percent and National Australia Bank (ASX:NAB) finished flat while and Westpac (ASX:WBC) dipped 0.2 percent and Macquarie Group (ASX:MQG) closed 0.9 percent lower.

Iron ore producers were also in mixed territory as Fortescue Metals Group (ASX:FMG) surged 4.5 percent and Rio Tinto (ASX:RIO) charged 1.6 percent while Newcrest Mining (ASX:NCM) crashed 0.6 percent and BHP Group (ASX:BHP) lost 0.7 percent.

‘Buy-now, pay-later’ sector was all under par as Splitit (ASX:SPT) and Sezzle (ASX:SZL) both plummeted 4.5 percent, Openpay (ASX:OPY) and Zip Co (ASX:Z1P) both plunged 4.3 percent and Afterpay (ASX:APT) retreated 2.9 percent.

iCar Asia Limited (ASX:ICQ)
South-east Asia-based number one online car marketplace ICQ surged 31.82 percent on Friday after receiving an acquisition proposal from Autohome Inc. to acquire 100 percent of ICQ’s shares at AUD 0.50 cash per share. ICQ also announced it will drawdown AUD 1 Million of AUD 5 Million loan facility agreement with Catcha Group Pte Ltd.

AnteoTech Limited (ASX:ADO)
Surface chemistry company ADO soared 19.79 percent after releasing its latest quarterly activities report with a very productive quarter and establishing key platforms for growth.

AMP Limited (ASX:AMP)
Leading oz-based wealth management jumped 19.53 percent after receiving an indicative, non-binding, conditional proposal from US-based Ares Management Corporation to acquire 100 percent of AMP’s shares by way of scheme arrangement.

Fluence Corporation Limited (ASX:FLC)
World-class decentralised water, wastewater and reuse treatment provider rose 15.56 percent after Thursday’s announcement that its Fluence-Ivory Coast project’s conditions precedent was met.

Genetic Technologies Limited (ASX:GTG)
Diversified molecular diagnostics company GTG finished 14.29 percent higher after releasing its latest quarterly activities report comprising of cash balance of AUD 18.1 million including July’s capital raise of AUD 7.2 million.

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The S&P/ASX200 Index finished on a low, losing 1.6 percent amidst uncertainty in COVID-19 status worldwide.

Banks continues its losing streak as Macquarie Group (ASX:MQG) plunged 2.8 percent, Australia and New Zealand Banking Group (ASX:ANZ) crashed 2.4 percent, Westpac (ASX:WBC) retreated 2 percent, National Australia Bank (ASX:NAB) dumped 1.5 percent and Commonwealth Bank of Australia (ASX:CBA) dipped 0.5 percent.

Iron ore producers were mostly a drag as Newcrest Mining (ASX:NCM) disposed 3.9 percent, BHP Group (ASX:BHP) slid 2.2 percent, Rio Tinto (ASX:RIO) lost 1.1 percent while Fortescue Metals Group (ASX:FMG) grew 0.9 percent.

‘Buy-now, pay-later’ sector was in the red as Afterpay (ASX:APT) plummetd 3.3 percent, Splitit (ASX:SPT) lost 1.7 percent, Sezzle (ASX:SZL) fizzled 1 percent and Zip Co (ASX:Z1P) scrapped 0.2 percent while OpenPay (ASX:OPY) climbed 1.5 percent.

Xplore Wealth Limited (ASX:XPL)
One of Australia’s leading independent platform providers and investment administrators, XPL skyrocketed 187.9 percent after they entered into a binding Scheme Implementation Agreement with HUB24 Limited (ASX:HUB) as the latter looks to acquire 100 percent of XPL’s shares.

Credit Clear Limited (ASX:CCR)
Newly-listed Australian receivables management solution provider CCR continues its fine second trading day on the ASX with a decent 16.4 percent increase. CCR is a FinTech founded in 2017 who has developed a proprietary digital billing and communication technology platform which allows organisations to manage communications and payment arrangements with their customers through an interactive digital and mobile interface as part of a full-service receivables suite of services.

4DS Memory Limited (ASX:4DS)
Semiconductor development company of non-volatile memory technology, 4DS surged 15.4 percent after releasing its annual report to its shareholders.

BluGlass Limited (ASX:BLG)
Australian semiconductor technology developer BLG jumped 15 percent after announcing that they are to contribute laser diode development to Yale University for US Defense Advanced Research Projects Agency (DARPA) program.

Droneshield Limited (ASX:DRO)
Worldwide leader in drone security technology DRO rose 14.7 percent on Thursday. Watch the Q&A Interview with CEO, Oleg Vornik here: https://stockpal.asia/2020/07/qa-with-stockpal-droneshield-ltd-asxdro/

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The S&P/ASX200 Index rebounded slightly from Tuesday’s slump to finish 0.1 percent higher.

Major banks were in the red as Macquarie Group (ASX:MQG) plunged 2.7 percent, Australia and New Zealand Banking Group (ASX:ANZ) crashed 1.7 percent, Westpac (ASX:WBC) retreated 1.4 percent, National Australia Bank (ASX:NAB) fell 1.1 percent and Commonwealth Bank of Australia (ASX:CBA) lost 0.4 percent.

Iron ore miners finished mixed as Fortescue Metals Group (ASX:FMG) climbed 1.7 percent, Newcrest Mining (ASX:NCM) grew 0.8 percent but BHP Group (ASX:BHP) dipped 0.5 percent and Rio Tinto (ASX:RIO) dumped 0.4 percent.

BNPL sector finished mostly in the green as Afterpay (ASX:APT) soared 7.3 percent, Splitit (ASX:SPT) added 1.4 percent and Sezzle (AX:SZL) firmed 1.2 percent but Openpay Group (ASX:OPY) retreated 2.2 percent and Zip Co (ASX:Z1P) dipped 0.5 percent

Credit Clear Limited (ASX:CCR)
Australian receivables management solution provider CCR started its first trading day on the ASX with a healthy 58.7 percent jump on its IPO price. CCR is a FinTech founded in 2017 who has developed a proprietary digital billing and communication technology platform which allows organisations to manage communications and payment arrangements with their customers through an interactive digital and mobile interface as part of a full-service receivables suite of services.

Firefly Resources Limited (ASX:FFR)
WA-based gold explorer FFR surged 47.1 percent on Wednesday having just finished a AUD 6 million capital raising round on 1^st October accelerate its gold drilling program at its 100 percent-owned Yalgoo Gold Project.

iCandy Interactive Limited (ASX:ICI)
Global mobile gaming and digital entertainment company ICI soared 36.4 percent after its latest operational update, declaring its partnership with South Korean game studio, Nanali Inc. to release its much anticipated Hellopet House – virtual pet collection game launching in over 45 countries worldwide.

Andromeda Metals Limited (ASX:ADN)
Emerging industrial minerals explorer AND jumped 21.4 percent after its Halloysite-based nanocarbon (Fullerene) materials produced from Great White halloysite-kaolin has reached breakthrough for Natural Nanotech.

Tinybeans Group Limited (ASX:TNY)
Family-oriented app and web platform provider TNY rose 17.5 percent after appointing two new USA-based board members, namely Andrea Cutright based in San Francisco and Kathy Mayor based in Miami. Watch the Q&A Interview with CEO Eddie Geller here: https://stockpal.asia/2020/08/qa-with-stockpal-tinybeans-group-limited-asxtny/

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