The S&P/ASX200 Index firmed 0.7 percent after Pfizer’s vaccine breakthrough for COVID-19 as US markets rallied on Tuesday.

Banks were in the green as National Australia Bank (ASX:NAB) jumped 7.6 percent, Westpac (ASX:WBC) rose 5.2 percent, Australia and New Zealand Banking Group (ASX:ANZ) added 5 percent, Commonwealth Bank of Australia (ASX:CBA) gained 3 percent and Macquarie Group (ASX:MQG) finished 2 percent higher.

Iron ore miners were in deep waters as Newcrest Mining (ASX:NCM) fell 4.8 percent, Rio Tinto (ASX:RIO) threw away 0.7 percent, Fortescue Metals Group (ASX:FMG) downed 0.1 percent while BHP Group (ASX:BHP) creeped up 0.4 percent.

‘Buy-now, pay-later’ sector witnessed a bloodbath as Afterpay (ASX:APT) plummeted 10.9 percent, Sezzle (ASX:SZL) plunged 9.7 percent, Zip Co (ASX:Z1P) crashed 9.2 percent, Splitit (ASX:SPT) declined 6.3 percent and Openpay (ASX:OPY) slid 5.9 percent.

Unibail-Rodamco-Westfield SE (ASX:URW)
Premier global developer and operator of flagship destinations URW skyrocketed 43.6 percent as they announced several key appointments to the Supervisory board.

88 Energy Limited (ASX:88E)
Alaska-based O&G explorer 88E surged 33.3 percent after announcing a large independently assessed resource at its flagship Project Icewine.

Lovisa Holdings Limited (ASX:LOV)
Fashionable jewellery special LOV soared 24.7 percent following news of a viable vaccine as investors expect retail footfall to pick up once the pandemic is put under control.

Vitalharvest Freehold Trust (ASX:VTH)
With one of the largest aggregations of berry and citrus farms in Australia, VTH jumped 21.7 percent following Macquarie Infrastructure and Real Assets’ (MIRA) conditional proposal to acquire VTH fully.

Event Hospitality & Entertainment Limited (ASX:EVT)
Oz-based cinemas, hotels and resorts operated EVT climbed 21.4 percent following Pfizer’s vaccine news as speculators foresee the whole tourism industry to be lifted in the near future.

 

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The S&P/ASX200 Index ended traded 1.8 percent stronger in US post-elections following Joe Biden’s successful campaign.

Banks were mostly in the green except Australia and New Zealand Banking Group (ASX:ANZ) who fell 1.9 percent. National Australia Bank (ASX:NAB) grew 1 percent, Macquarie Group (ASX:MQG) and Commonwealth Bank of Australia (ASX:CBA) both gained 0.7 percent and Westpac Banking Corp (ASX:WBC) traded relatively flat.

Iron ore miners were all winners as Fortescue Metals Group (ASX:FMG) soared 6.4 percent, BHP Group (ASX:BHP) surged 3.5 percent, Rio Tinto (ASX:RIO) jumped 2.9 percent and Newcrest Mining (ASX:NCM) added 0.9 percent.

‘Buy-now, pay-later’ sector performed as Splitit (ASX:SPT) grabbed 9.5 percent, Zip Co (ASX:Z1p) uplifted 7.1 percent, Sezzle (ASX:SZL) rose 4.7 percent, Afterpay (ASX:APT) ascended 4 percent and Openpay (ASX:OPY) finished 2.1 percent higher.

Azure Minerals Limited (ASX:AZS)
Oz-based gold and nickel explorer AZS skyrocketed 44.4 percent after high grade nickel-copper sulphides confirmed at Andover.

Alcidion Group Limited (ASX:ALC)
Healthcare technology company ALC soared 44 percent after signing milestone $9.5M deal with NHS Trust. Watch the interview with Group Managing Director Kate Quirke: https://stockpal.asia/2020/09/qa-with-stockpal-alcidion-group-limited-asxalc/


European Metals Holdings Limited (ASX:EMH)
Czech-based lithium and tin explorer EMH surged 30.9 percent as the company is looking to list on the OTCQX and exploring several offtake agreements.

Immuron Limited (ASX:IMC)
Australian biopharmaceutica company IMC jumped 26.7 percent after US DoD Naval Medical Research Center Reports Positive Immunological Responses to Vaccine.

Race Oncology Limited (ASX:RAC)
Drug development company RAC rose 21 percent after recent positive September quarterly report to its
shareholders where it raised AUD 3 million in additional equity back in July via a placement to prominent biotech investors.

 

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The S&P/ASX200 Index ended slightly higher 0.4 percent to recover slightly from last week’s deficit.

Banks were mostly in the green as Australia and New Zealand Banking Group (ASX:ANZ) rose 2.4 percent, National Australia Bank (ASX:NAB) grew 1.2 percent, Macquarie Group (ASX:MQG) gained 0.5 percent while Westpac Banking Corp (ASX:WBC) slid 0.6 percent and Commonwealth Bank of Australia (ASX:CBA) traded 0.2 percent lower.

Iron ore miners were mostly climbers as Newcrest Mining (ASX:NCM) added 1.2 percent, BHP Group (ASX:BHP) and Rio Tinto (ASX:RIO) both edged 0.1 percent while Fortescue Metals Group (ASX:FMG) dipped 0.9 percent. 

‘Buy-now, pay-later’ sector performed poorly as Splitit (ASX:SPT) plunged 8.6 percent, Sezzle (ASX:SZL) crashed 3 percent, Openpay (ASX:OPY) dived 1.9 percent and Zip Co (ASX:Z1p) slashed 1.2 percent. Afterpay (ASX:APT) firmed 1.6 percent however.

Telix Pharmaceuticals Limited (ASX:TLX)
Clinical-stage biopharmaceutical company TLX surged 29 percent after TLX and China Grand Pharma announced strategic licence and commercial partnership for the Greater-China market.

Estrella Resources (ASX:ESR)
WA-based gold and nickel explorer continues its impressive run to soar 27.6 percent after a significant massive nickel sulphide discovery at its Carr Boyd project earlier in October.

88 Energy Limited (ASX:88E)
Alaska-based energy explorer 88E jumped 16.7 percent after releasing positive quarterly results.

Primewest Group (ASX:PWG)
Property investment portfolio manager PWG gained 12.4 percent. PWG is one of Australia’s leading private estate funds management businesses.

VIP Gloves Limited (ASX:VIP)

KL-based OEM nitrate gloves producer VIP added 11.7 percent to continue its fine run since the outbreak of the COVID-19 pandemic as demand for surgical and hygienic gloves is growing globally. Watch the interview with non-executive director, Sebastian Chang, here: https://stockpal.asia/2020/10/qa-with-stockpal-vip-gloves-asxvip/

 

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