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Mid-Week Top 10 ASX Companies

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10 ASX Companies That Performed On Top Today - 9 December 2020

The S&P/ASX200 Index’s winning streak continues into the seventh-day to finish 0.6 percent higher as major miners lifted the index.

Major banks were mixed in performance as Commonwealth Bank of Australia (ASX:CBA) rose 1.7 percent, National Australia Bank (ASX:NAB) added 0.6 percent but Macquarie Group (ASX:MQG) fell 0.9 percent, Australia and New Zealand Banking Group (ASX:ANZ) dropped 0.4 percent and Westpac (ASX:WBC) lost 0.3 percent.

Iron ore miners were mostly winners as Fortescue Metals Group (ASX:FMG) jumped 1.7 percent, BHP Group (ASX:BHP) moved up 1.1 percent, Rio Tinto (ASX:RIO) firmed 0.4 percent while Newcrest Mining (ASX:NCM) gave up 0.6 percent.

BNPL sector mostly recovered as Splitit (ASX:SPT) soared 4.9 percent, Afterpay (ASX:APT) gained 2.9 percent, Zip Co (ASX:Z1P) finished 0.2 percent higher while Sezzle (AX:SZL) ditched 2.1 percent, Openpay Group (ASX:OPY) dumped 0.9 percent.

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

Resonance Health Limited (ASX:RHT)
Healthcare company specialising in the development and delivery of non-invasive medical imaging software and services, RHT skyrocketed 80.7 percent after receiving 510(k) clearance from the US Food and Drug Administration (“FDA”)for HepaFat-AI, a medical device (software) that is fully automated and uses artificial intelligence (“AI”) to assess liver fat.

MGC Pharmaceuticals Limited (ASX:MXC)
European based bio-pharma company developing and supplying affordable standardised phytocannabinoid derived medicines to patients globally, MXC shot up 29.6 percent after completion of its unmarketable parcel share sale facility.

Creso Pharma Limited (ASX:CPH)
Cannabis-based company CPH’s meteorite rise continues as they added a further 27.7 percent after the US House of Representatives passed the bill to decriminalise cannabis at a national level.

Flinders Mines Limited (ASX:FMS)
Emerging Australian iron ore mining company FMS jumped 26.6 percent as Australian iron ore has seen commanding prices in excess of USD 138 per tonne, a new high since the Chinese market boom over seven years ago.

Elixir Energy Limited (ASX:EXR)
Gas exploration company focused on the 100% owned Nomgon IX coal-bed methane (CBM) production sharing contract (PSC) located in the South of Mongolia, EXR rose 25 percent after the prospective resources increased for first time since exploration started.


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Market News

Tuesday’s Top 10 ASX Companies

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10 ASX Companies That Performed On Top Today - 8 December 2020

The S&P/ASX200 Index added 0.2 percent to extend a sixth-day streak, despite mixed performances for miners and banks.

Major banks mostly put up a strong showing as Commonwealth Bank of Australia (ASX:CBA) rose 1.3 percent, Australia and New Zealand Banking Group (ASX:ANZ) and National Australia Bank (ASX:NAB) both firmed 0.3 percent and Macquarie Group (ASX:MQG) finished just slightly 0.1 percent higher while Westpac (ASX:WBC) lost 0.6 percent.

Iron ore miners were split 50-50 as Newcrest Mining (ASX:NCM) rose 1.9 percent, Fortescue Metals Group (ASX:FMG) grew 0.3 percent but Rio Tinto (ASX:RIO) threw 0.8 percent away and BHP Group (ASX:BHP) dipped 0.3 percent.

BNPL sector finished disappointingly as Splitit (ASX:SPT) plunged 6.3 percent, Openpay Group (ASX:OPY) plummeted 6.1, Zip Co (ASX:Z1P) dumped 4.3 percent, Afterpay (ASX:APT) dropped 1 percent and Sezzle (AX:SZL) lagged 0.3 percent.

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

Creso Pharma Limited (ASX:CPH)
Having just skyrocketed 55 percent on Tuesday, cannabis-based company CPH soared another 51.6 percent after the US House of Representatives passed the bill to decriminalise cannabis at a national level.

Donaco International Limited (ASX:DNA)
APAC leisure and entertainment business operator DNA surged 28.6 percent on Wednesday. DNA owns properties in Cambodia and Vietnam and services mainly Chinese and Thai tourist markets.

Infratil Limited (ASX:IFT)
New Zealand-based infrastructure investment company IFT jumped 21 percent after announcing they would conduct a strategic review of its shareholding in Tilt Renewables Limited on Tuesday while also declaring it interim dividend for its shareholders.

Incannex Healthcare Limited (ASX:IHL)
Pre-clinical unique medicinal cannabis company IHL rose 20.7 percent initiating psilocybin clinical trial for anxiety disorder

Linius Technologies Limited (ASX:LNU)
Oz-based global SaaS company LNU grew 19.3 percent as it recently announced they are collaborating with Amazon Web Services (AWS) to host the WHIZZARD platform on AWS.


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Market News

Monday Movers – Top 10 ASX Companies Today

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10 ASX Companies That Performed On Top Today - 7 December 2020

The S&P/ASX200 Index added 0.6 percent to record a five-day winning streak.

Banks
were mostly positive as Commonwealth Bank of Australia (ASX:CBA) climbed 0.7 percent, National Australia Bank (ASX:NAB) moved up 0.5 percent, Australia and New Zealand Banking Group (ASX:ANZ) firm 0.2 percent while Westpac (ASX:WBC) traded flat and Macquarie Group (ASX:MQG) slid 0.6 percent.

Iron ore producers
carried the index as Fortescue Metals Group (ASX:FMG) shot up 3.8 percent, Rio Tinto (ASX:RIO) unearthed 2.5 percent, BHP Group (ASX:BHP) piled up2.1 percent and Newcrest Mining (ASX:NCM) finished 0.2 percent higher.

‘Buy-now, pay-later’
sector was mostly on the back foot as Splitit (ASX:SPT) plummeted 4.8 percent, OpenPay (ASX:OPY) dumped 4.3 percent, Sezzle (ASX:SZL) threw away 3.3 percent and Zip Co (ASX:Z1P) fell 1.1 percent while Afterpay (ASX:APT) managed to buck the trend to close 2.2 percent higher.

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

AusCann Group Holdings Ltd (ASX:AC8)
Cannabinoid-based medicines company AC8 skyrocketed 58.1 percent after supporting the United Nations to reclassify cannabis-based substances  to be removed from Schedule IV of the international treaty governing narcotic drugs which will cause a seismic shift in the way cannabis-based will be sold in many jurisdictions

Creso Pharma Limited (ASX:CPH)
Another cannabis-based company CPH soared 55 percent after the US House of Representatives passed the bill to decriminalise cannabis at a national level

Peninsula Energy Limited (ASX:PEN)
Uranium mining company PEN surged 35.3 percent having received positive market outlook on Uranium in the US

OceanaGold Corporation (ASX:OGC)
Multinational gold producer OGC jumped 31.6 percent after revealing that the office of the president of Philippines has instructed the Department of Environment and Natural Resources (“DENR”) to engage with the Company and the Department of Finance (“DoF”) to finalise the renewal of the Didipio Mine FTAA

Paladin Energy Limited (ASX:PDN)
Large-scale uranium miner and explorer PDN rose 27.3 percent after the Senate Committee in the US approved a bill advancing the creation of a US national strategic uranium reserve

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Market News

Mid-Week Top 10 ASX Companies

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10 ASX Companies That Performed On Top Today - 2 December 2020

The S&P/ASX200 Index traded relatively flat to pull 0.03 percent higher.

Major banks had a mixed fortunes as Macquarie Group (ASX:MQG) fell 1.3 percent, National Australia Bank (ASX:NAB) and Commonwealth Bank of Australia (ASX:CBA) both dipped 0.2 percent while Australia and New Zealand Banking Group (ASX:ANZ) grew 0.7 percent and Westpac (ASX:WBC) firmed 0.1 percent.

Iron ore miners were mostly winners as Rio Tinto (ASX:RIO) and BHP Group (ASX:BHP) both added 2 percent, Newcrest Mining (ASX:NCM) lifted 0.1 percent while Fortescue Metals Group (ASX:FMG) fell 0.5 percent.

BNPL sector finished disappointingly as Sezzle (AX:SZL) ditched 3.7 percent, Openpay Group (ASX:OPY) dumped 2.2 percent, Zip Co (ASX:Z1P) dipped 1.3 percent while Afterpay (ASX:APT) gained 0.3 percent and Splitit (ASX:SPT) traded flat.

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

GetSwift Limited (ASX:GSW)
Technology and services company GSW surged 33.3 percent amidst the court hearing surrounding the delisting from ASX to move the office to Canada.

Rhythm Biosciences Limited (ASX:RHY)
Transformative, predictive diagnostics company RHY soared 19.7 percent after appointing Biotem as its global manufacturer for ColoSTAT®.

Core Lithium Ltd (ASX:CXO)
Junior developer in lithium and divisified metals CXO rose 18.1 percent having recently discovered Gold grades of20g/t Au in rock chips from Kellermeister Prospect.

Hazer Group Limited (ASX:HZR)
Technology development company undertaking the commercialisation of the Hazer Process, HZR jumped 16.3 percent after executing its binding convertible note and option deed with AP Ventures.

Cashwerkz Limited (ASX:CWZ)
Innovative online cash management marketplace CWZ climbed 15.4 percent having recently witnessed the retirement of its non-executive director, Nathan Leman.


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