ASX Small Cap Lunch: Who’s Staying Dry in a Downpour Right now?

Native shares adopted a slight advance by the USA on Friday night time, with no main catalysts in morning buying and selling.

NSW continues to be being drenched, after the rain gauge hit the uncommon “ home floating on the river ” setting on Saturday:

Unimaginable however devastating footage of a home floating on the Manning River in Taree. #NSWfloods pic.twitter.com/KTggPpvlWO

– Claudia Jambor (@claudiajambor) March 20, 2021

Greater than 18,000 individuals have been evacuated from their houses on the mid-north coast as flood threats stay excessive.

Giant-cap insurers got here beneath a little bit of stress as buyers assessed the fallout from one more wave of untamed Australian climate.

However features at most main banks are serving to push the ASX200 index up, whereas the Rising Corporations microcap index traded flat in noon buying and selling.

In world markets, the massive story was in currencies after the Turkish lira crashed following additional turmoil at Turkey’s central financial institution.

Turkish chief Recep Tayyip Erdogan has sacked central financial institution chief Naci Agbal, who had presided over sharp rate of interest hikes to prop up the foreign money and tame inflation.

WINNERS

Listed below are the highest performing ASX small cap shares at 12 p.m. on Monday, March 22:

Swipe or scroll to view the total desk. Click on on the headers to type.

Shares highlighted in yellow made bulletins which can be shifting the market

Oil and gasoline explorer Minnow Purple Sky Power (ROG: ASX) led the pack in proportion phrases, after the corporate’s shares rose to 0.35c.

ROG has introduced constructive outcomes from a petrophysical evaluation at Killanoola SE-1 – its potential oil web site in South Australia.

Director Andrew Knox stated it was an “encouraging” outcome as the corporate neared its finish aim of restarting manufacturing on the web site.

Crown Resorts (ASX: CWN) made headlines after receiving a non-binding supply to purchase from personal fairness large Blackstone at a worth of $ 11.85 per share.

Medtech Oneview Healthcare (ASX: ONE) has referred to as a rare basic assembly scheduled for April 15, throughout which shareholders will vote on the phrases of an funding challenge within the firm by the analysis group StocksDigital.

ONE inventory has had a scorching rally because the deal was introduced, and the inventory surged once more this morning to climb above 40c – up from February buying and selling ranges of round 7c .

LOSERS

Listed below are the worst performing ASX small cap shares at 12 p.m. on Monday, March 22:

Swipe or scroll to view the total desk. Click on on the headers to type.

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