Proactive’s Tylah Tully provides a market wrap for October 17.
The ASX closed 0.86% higher on October 16, finishing at 8,355.9 points. Over the past five days, the index has gained 1.62% and is currently 0.34% below its 52-week high.
The best-performing stock was AMP Limited, which surged 17.71% to $1.59 per share after releasing its Q3 cash flow report. The report highlighted a 76% increase in Platforms net cashflows, reaching $750 million, and a total loan book of $23 billion.
Healius experienced the largest decline, down 4.47% to $1.71 per share. At a sector level, Industrials led gains, rising 1.85%, followed by Financial and Real Estate sectors, each gaining 1.65%. Information Technology was the only major sector in decline, dropping 1.08%.
Among small caps, Provaris Energy Ltd (ASX:PV1, OTC:GBBLF) surged as much as 40.91% to $0.031 per share, Solis Minerals Ltd (ASX:SLM, TSX-V:SLMN, OTCQB:SLMFF) up as much as 35.81% to $0.11, Aura Energy Ltd (ASX:AEE, AIM:AURA) as much as 16.13% higher to $.018, Ora Banda Mining Ltd (ASX:OBM) up to 14.93% higher to $0.77, Jindalee Lithium Ltd (ASX:JLL, OTCQX:JNDAF) up 8.7% to $0.25 and Predictive Discovery Ltd (ASX:PDI, OTC:PDIYF) up 6% to $0.265.
Ovanti Ltd made the largest jump with a 250% increase, trading at just under $0.015 per share.