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Tuesday’s HotCopper trends: Corporate Travel Management, Olympio Metals, CuFe and other daily topics

ASX 200, ASX News, Market Summary, Trader Tales
20 October 2026 14:31 (AEDT)
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With more than 600k average monthly users on the HotCopper forums, each and every discussion can move markets.

That’s why getting in front of those red-hot trends is key for every trader worth their salt. In this daily HotCopper Trends column, we break down the top Oz stock movers through each trading day.

Corporate Travel Management (ASX: CTD) was popular after the International Air Transport Association (IATA) confirmed it has proceeded to release a $65 million security guarantee provided by CTM and restore the company’s previous settlement cycles, replacing the settlement and guarantee arrangements introduced in December 2025.

The adjusted settlement cycles and security guarantee were temporary arrangements introduced while CTM’s FY25 financial statements were being finalised.

The restoration of the previous arrangements is expected to improve CTM’s working capital by approximately $30 million.

“IATA’s decision is an important milestone for CTM, following the successful completion of its latest financial assessment of the company,” MD and Group CEO, Ana Pedersen, said.

CTD was up 18.2% to $2.93.

Olympio Metals (ASX: OLY) was up on the identification of a new high-priority exploration target following a review of historical geological and mining records from the Jacknife project in the US.

The new Nexus target is interpreted to lie at the projected intersection of the Conjecture Shear Zone and Weber Shear Zone, the leased patented mining claims of the Jacknife project.

“Nexus is an exciting new target for Olympio. We have two major mineralised shear zones converging in an area with no historical drilling identified, just 200 metres from the historical Keep Cool Mine and within a broader area that has produced more than 3 million ounces of silver,” MD, Sean Delaney, said.

“What makes Nexus particularly compelling is the structural setting.”

OLY jumped 18.4% to 4.5¢.

CuFe (ASX: CUF) jumped on news it had entered into a binding conditional share sale agreement with Gold Valley Investment and Horseshoe Manganese to acquire 100% of the issued shares in Gecko Mining Company.

On completion, CuFe will have sole ownership and control of the Tennant Creek copper project.

Tennant Creek hosts a JORC 2012 Mineral Resource for 405,000 tonnes of contained copper and 544,000 ounces of contained gold, in addition to 2.9 million ounces of silver.

“Consolidating 100% ownership of the Tennant Creek copper project is an important strategic step for CuFe and provides our shareholders with full exposure to what we believe is a significant Australian copper-gold- bismuth opportunity,” executive director, Mark Hancock, said.

CUF was up 9.62% to 5.7¢.

Looking wider, the S&P/ASX 200 was lower today, dropping 55.80 points or 0.63% to 8,789.90 after setting a new 20-day high. The bottom performing stocks in this index were Minerals and Sunrise Energy Metals, down 6.77% and 6.70% respectively. This index is virtually unchanged over the last five days and year to date.

Meanwhile, the Chamber of Commerce and Industry WA (CCIWA) has released its WA pre-budget submission outlining the practical reforms and investments it believes the state needs to grow industry, keep business costs down and build a stronger economy.

The CCIWA Economics, Policy and Advocacy team has identified seven big ideas for the state government to power up WA including:

Rethink payroll tax to reduce the burden on small businesses and free up funds for reinvestment.

Diversify WA’s energy to support decarbonisation and reduce costs.

Turbocharge innovation and inspire the next generation.

Cut unnecessary regulatory burden with a world-leading regulatory stewardship framework.

Grow WA’s skills pipeline to build the workforce our economy needs.

Expand the Seven Cities vision to strengthen regional WA.

Bring the world to WA with a bid for World Expo 2040 or another major global event.

That’s Tuesday’s HotCopper Market Trends, I’m Colin Sandell-Hay ⁠- see you for close.

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The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.

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