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Closing Bell: Supermarkets lift ASX; hydrogen stock Greenhy2 soars 283pc on storage deal

The ASX ended the week on a high note as Woolies and Coles soared. Miners took a hit, however, after Trump’s exec order.

The ASX notched its best week of the year. Picture via Getty Images
The ASX notched its best week of the year. Picture via Getty Images

The ASX 200 had a rollercoaster day, but it ended Friday's session 0.10% higher. The benchmark index also had one of its best weeks of the year, up by about 1.75%.

The big movers today were supermarket stocks, which climbed after the competition watchdog released its long-awaited report.

The ACCC report cleared Woolworths (ASX:WOW) and Coles Group (ASX:COL) of any price gouging, saying they were some of the most profitable supermarket chains in the world.

But minerals and coal stocks had a tough day after President Trump said that he’s using emergency powers to ramp up US production of critical minerals, including coal.

The executive order is all about making the US less reliant on China for these vital resources, which are key for tech and defence industries.

This news could have serious ramifications for Aussie stocks, especially if it leads to less demand for iron ore and other minerals from China.

"We're also signing agreements in various locations to unlock rare earths and minerals, and lots of other things all over the world, but in particular Ukraine,” Trump said.

The news hit miners hard today, with Yancoal Australia (ASX:YAL) and Whitehaven Coal (ASX:WHC) both down by more than 2% today, while Pilbara Minerals (ASX:PLS) also took a hit.

In large caps news, uranium stock Paladin Energy (ASX:PDN) tumbled 4% dive after it temporarily closed its Langer Heinrich Mine in Namibia due to heavy rains.

Gold miner Emerald Resources (ASX:EMR) dropped 5% after its quarterly output missed expectations.

Lender Latitude Group (ASX:LFS) slipped 2.5% after its shares went ex-dividend, though it did post a massive 139% jump in profits for 2024.

And, retailer Premier Investments (ASX:PMV) rose 4% despite a 12.8% drop in interim profit, as it managed record sales in its Peter Alexander stores.

Source: Market Index
Source: Market Index
Source: Market Index
Source: Market Index

ASX SMALL CAP LEADERS

Today’s best performing small cap stocks:

Code Description Last % Volume MktCap
H2G Greenhy2 Limited 0.023 283% 32,444,025 $3,589,105
GMN Gold Mountain Ltd 0.0025 150% 46,483,038 $4,579,223
OPL Opyl Limited 0.033 50% 2,097,837 $4,245,303
GES Genesis Resources 0.007 40% 130,000 $3,914,206
OVT Ovanti Limited 0.0055 38% 17,937,880 $10,806,191
SNX Sierra Nevada Gold 0.022 38% 370,870 $2,613,069
ASR Asra Minerals Ltd 0.004 33% 10,330,669 $7,119,380
EVR Ev Resources Ltd 0.006 33% 4,850,849 $8,936,265
CMP Compumedics Limited 0.32 25% 412,892 $49,015,563
BNL Blue Star Helium Ltd 0.0075 25% 1,263,450 $16,169,312
VEN Vintage Energy 0.005 25% 200,000 $7,155,687
HE8 Helios Energy Ltd 0.011 22% 1,900,597 $23,436,445
TGH Terragen 0.03 20% 66,748 $12,625,429
AYT Austin Metals Ltd 0.006 20% 4,860,506 $6,620,957
C7A Clara Resources 0.006 20% 106,370 $2,444,998
WBE Whitebark Energy 0.006 20% 66,912 $1,541,046
ION Iondrive Limited 0.02 18% 601,038 $20,108,218
RR1 Reach Resources Ltd 0.01 18% 4,962,672 $7,432,666
PLY Playside Studios 0.235 18% 1,056,106 $81,844,427
HHR Hartshead Resources 0.007 17% 51,229 $16,852,093
OMA Omegaoilgaslimited 0.44 16% 658,735 $125,125,828
AUA Audeara 0.03 15% 260,757 $4,678,294
LDR Lode Resources 0.1325 15% 2,847,812 $18,605,177

Greenhy2 (ASX:H2G) has locked in a new deal with European tech supplier H2Core to bring advanced storage solutions to the table, including supercapacitor batteries and hydrogen tech. These new supercapacitor batteries use graphene and promise five times longer life and lower operating costs than traditional lithium-ion batteries, plus H2G said they’re safer with no fire risk. H2G’s also making a move to replace lithium-ion with these supercapacitors for startup and balancing in hydrogen systems, cutting costs and boosting performance.

Asra Minerals (ASX:ASR) has uncovered a bunch of high-priority gold targets at its Leonora gold project in WA. After a detailed exploration program, Asra identified 11 targets at Leonora South and 15 at Leonora North, with new gold anomalies to be drilled in the second half of 2025. The company’s set to kick off drilling soon, focusing on these promising areas to uncover more gold resources.

Compumedics (ASX:CMP) has landed a new MEG order worth $5.7m from Hangzhou Normal University, bringing its total MEG sales to around AUD 20M across China. The company’s Orion LifeSpan MEG system is now the go-to tech for brain research in China, with installations happening at four major universities. Compumedics expects solid growth, projecting over $60m in sales for FY25 and over $70m for FY26. The new tech features advanced superconductor sensors and zero helium refills, setting a new standard in the field.

ASX SMALL CAP LAGGARDS

Today’s worst performing small cap stocks:

Code Name Price % Change Volume Market Cap
GGE Grand Gulf Energy 0.001 -50% 6,000 $4,900,774
MOM Moab Minerals Ltd 0.001 -50% 9,761 $3,467,332
CR9 Corellares 0.002 -33% 1,000,932 $1,403,230
ERA Energy Resources 0.002 -33% 504,416 $1,216,188,722
AOK Australian Oil. 0.002 -25% 5,500 $2,003,566
TOU Tlou Energy Ltd 0.030 -25% 453,432 $51,943,373
AUK Aumake Limited 0.004 -20% 1,208,781 $15,053,461
MRQ Mrg Metals Limited 0.004 -20% 734,958 $13,632,593
1AI Algorae Pharma 0.005 -17% 137,334 $10,124,368
CCO The Calmer Co Int 0.005 -17% 7,605 $15,300,416
ENT Enterprise Metals 0.003 -17% 522,000 $3,534,952
EPM Eclipse Metals 0.005 -17% 7,315,298 $17,158,914
IPB IPB Petroleum Ltd 0.005 -17% 70,717 $4,238,418
LNR Lanthanein Resources 0.003 -17% 326,719 $7,330,908
AZL Arizona Lithium Ltd 0.006 -14% 19,269,784 $31,932,702
IMI Infinitymining 0.012 -14% 180,813 $5,922,221
KGD Kula Gold Limited 0.006 -14% 23,247,286 $6,448,776
PHL Propell Holdings Ltd 0.012 -14% 152,056 $3,896,734
PIL Peppermint Inv Ltd 0.003 -14% 620,000 $7,740,177
THR Thor Energy PLC 0.012 -14% 113,729 $9,923,058
TYX Tyranna Res Ltd 0.006 -14% 250,500 $23,015,477
TMS Tennant Minerals Ltd 0.013 -13% 3,457,037 $14,338,356
PL3 Patagonia Lithium 0.067 -13% 40,000 $5,998,358
CLA Celsius Resource Ltd 0.007 -13% 203,982 $23,052,576

IN CASE YOU MISSED IT

Decidr Ai Industries (ASX:DAI)has partnered with Amazon Web Services (AWS), a subsidiary of the global tech giant, to scale its AI solutions globally, making them more accessible through the AWS Marketplace. DAI has also been accepted into the AWS APJ FasTrack Academy to accelerate integration, co-sell readiness, and enterprise expansion.

Mt Malcolm Mines (ASX:M2M)has identified over 2400 wet metric tonnes of economic gold-bearing material at its Golden Crown prospect, with stockpile grades averaging 3g/t gold. The company is now awaiting results from mineralised tailings sampling and plans further drilling to expand high-grade zones and refine resource estimates.

At Stockhead, we tell it like it is. While Compumedics, Decidr.ai and Mt Malcom Mines are Stockhead advertisers, they did not sponsor this article.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.

Originally published as Closing Bell: Supermarkets lift ASX; hydrogen stock Greenhy2 soars 283pc on storage deal

Original URL: https://www.thechronicle.com.au/business/stockhead/closing-bell-supermarkets-lift-asx-hydrogen-stock-greenhy2-soars-283pc-on-storage-deal/news-story/fb6e088557383402bbe15dba33e856a8