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Today’s ASX top stocks: Carnaby Resources (CNB ↑35.3%), BrainChip Holdings (BRN ↑6.9%)

Posted: 4 February 2022 12:33 pm
News
Businessman celebrating success

The 10 biggest movers on the ASX.

The best performing stocks in ASX trading so far today were Carnaby Resources (CNB, up 35.3%) and BrainChip Holdings (BRN, up 6.9%).

Biggest movers on the ASX Friday 4 February 2022

Carnaby Resources (CNB) was the dominant mover on the ASX today.

Shares in the company rose 35.3% to $1.84.

Shares soared after Carnaby Resources confirms a major copper gold discovery at its Nil Desperandum prospect.

The company's managing director Rob Watkins commented: "It is highly encouraging and exciting to confirm that the high-grade copper gold mineralisation intersected in NLDD044 and now in NLRC066 are over exceptional true widths. This gives us great confidence in the plunge extension potential of the high-grade Nil Desperandum breccia shoot."

Carnaby Resources works in the materials sector.

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

The second place for market gainers went to BrainChip Holdings (BRN), the software and services company.

BrainChip did not announce any sensitive market information today.

But 2 days ago it confirmed new patents, which the market has since responded positively towards.

Its shares rose 6.9% to reach $1.70.

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

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Here is today's list of the 10 biggest ASX movers so far:

StockPrice% change
Carnaby Resources (CNB)$1.8435.3%
BrainChip Holdings (BRN)$1.706.9%
Electro Optic Systems Holdings (EOS)$2.335.9%
Tietto Minerals (TIE)$0.575.6%
Deep Yellow (DYL)$0.775.5%
Core Lithium (CXO)$0.795.3%
Nuix (NXL)$1.494.9%
Seven West Media (SWM)$0.704.5%
VGI Partners (VGI)$4.584.3%
PointsBet Holdings (PBH)$5.104.3%

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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.

Need a better share trading platform? Check out Finder's full review of the best online brokers in Australia right now.

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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