Today’s ASX top stocks: Carnaby Resources (CNB ↑41.6%), BrainChip Holdings (BRN ↑18.5%)

Posted: 13 January 2022 12:56 pm
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The 10 biggest movers on the ASX.

The best performing companies on the ASX so far today were Carnaby Resources (CNB, up 41.6%) and BrainChip Holdings (BRN, up 18.5%).

Top movers on the ASX Thursday 13 January 2022

It's been an indifferent start to the year for Carnaby Resources.

Just 3 days ago it fell by nearly 25%.

But 3 days can be a long time on the market.

In its latest market update the mining company pointed to "stunning" results out of its Lady Fanny Prospect mine site.

The company's managing director Rob Watkins commented:

"These stunning first pass drill results from Lady Fanny just 3km north of the spectacular Nil Desperandum high grade discovery really demonstrate the untapped potential of the greater than 5km long IOCG corridor that is rapidly emerging within the Greater Duchess Copper Gold Project."

Shares in the company rose 41.6% to $1.77 so far today.

Learn more about investing in Carnaby Resources in Finder's full guide.

The second-best mover was BrainChip Holdings (BRN), the software and services company.

The company remains a darling of the ASX in 2022.

It has had an incredibly strong start to the year share price-wise, going up nearly 73% year to date.

In fact, such is its strong start that the ASX on Monday even asked the company why its share price is moving up so much without announcing anything price-sensitive.

Today was no different.

The company has not announced any new or price-sensitive information.

Its shares rose 18.5% to reach $1.41.

Find out more about investing in BrainChip Holdings in Finder's full guide.

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Here's the full list of today's 10 biggest movers so far.

StockPrice% change
Carnaby Resources (CNB)$1.7741.6%
BrainChip Holdings (BRN)$1.4118.5%
Lithium Power International (LPI)$0.6510.2%
Crown Resorts (CWN)$12.568.0%
Liontown Resources (LTR)$1.757.4%
Weebit Nano (WBT)$3.257.3%
Copper Mountain Mining Corporation (C6C)$4.156.7%
KGL Resources (KGL)$0.646.7%
Imdex (IMD)$2.976.5%
Pilbara Minerals (PLS)$3.816.4%

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Each weekday we round up the best performing stocks on the Australian Securities Exchange (ASX), ranked by price percentage from market open to 11am. To avoid higher price volatility we only include stocks with market caps of more than $200 million. Price changes are calculated by 11am on the trading day, but these prices may be subject to minor variation depending on data availability.

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Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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