Rise and Shine: What you need to know before the ASX opens
News
News
On Stockhead today, why copper looms as the biggest potential winner post-COVID-19, gold is at record prices but mid-tier producers might be looking undervalued and the latest RockTalk — battery metals stocks and the “new energy world”.
But first…
The local data schedule will be highlighted by March employment numbers on Thursday. However, the Westpac economics team expects the unemployment rate “to see a more significant hit in April” from the COVID-19 fallout.
There’s also the monthly survey results due out from NAB (business confidence on Tuesday) and Westpac (consumer confidence on Wednesday).
Looking abroad, markets will be focused on a data deluge out of the US, starting with the federal government’s monthly budget statement for March on Monday night.
The following companies are in trading halts and are expected to exit in the next two trading days:
Tuesday:
Neurotech (ASX:NTI) – price query response
People Infrastructure (ASX:PPE) – capital raising
Anova Minerals (ASX:AWV) – capital raising update
Pioneer Credit (ASX:PNC) – acquisition update
Wednesday:
Superior Lake Resources (ASX:SUP) – consolidation
Mandrake Resources (ASX:MAN) – nickel project transition
Spirit Telecom (ASX:ST1) – capital raising
Gold: $US1,712.46 ($2,660.31) (+1.30%)
Silver: $US15.37 (-0.52%)
Oil (WTI): $US22.38 (-1.63%)
Oil (Brent): $US31.84 (+1.14%)
Coal: $US61.00 (+0.00%)
Iron 62pc Fe: $US83.35 (+0.58%)
AUD/USD: $US0.6385 (+0.57%)
Bitcoin: $US6,831.00 (-4.06%)
Among the key talking points on Stockhead last week, readers took an interest in our latest look at market opportunities for companies in the online learning space.
And in case you missed it, here’s Rachel Williamson’s weekly wrap of all the main COVID-19 news affecting ASX small caps.
These were the most tipped stocks (weekly) on Stocks in Play last Thursday:
CODE | NAME | RETURN % | PRICE THIS FRIDAY [INTRADAY] | MARKET CAP |
---|---|---|---|---|
RXH | REWARDLE HOLDINGS LTD | 500 | 0.006 | 3.16M |
AO1 | ASSETOWL LTD | 275 | 0.015 | 4.52M |
SHO | SPORTSHERO LTD | 233 | 0.010 | 3.28M |
GMV | G MEDICAL INNOVATION HOLDING | 200 | 0.125 | 57.62M |
NTI | NEUROTECH INTERNATIONAL LTD | 200 | 0.012 | 2.58M |
SIH | SIHAYO GOLD LTD | 160 | 0.013 | 27.27M |
PNN | PEPINNINI LITHIUM LTD | 100 | 0.002 | 2.93M |
TMZ | THOMSON RESOURCES LTD | 100 | 0.020 | 2.38M |
WNB | WELLNESS AND BEAUTY SOLUTION | 83 | 0.011 | 11.37M |
CNB | CARNABY RESOURCES LTD | 83 | 0.064 | 6.14M |
HNR | HANNANS LTD | 75 | 0.007 | 13.92M |
HSC | HOMESTAY CARE LTD | 71 | 0.005 | 10.05M |
TOU | TLOU ENERGY LTD | 70 | 0.068 | 30.61M |
ANA | ANSILA ENERGY NL | 67 | 0.010 | 5.09M |
MTC | METALSTECH LTD | 64 | 0.165 | 14.62M |
SKN | SKIN ELEMENTS LTD | 64 | 0.059 | 18.74M |
TDY | THEDOCYARD LTD | 63 | 0.155 | 20.58M |
AHZ | ADMEDUS LTD | 63 | 8.140 | 46.44M |
ATC | ALTECH CHEMICAL LTD | 61 | 0.057 | 51.81M |
TRT | TODD RIVER RESOURCES LTD | 60 | 0.017 | 3.95M |
FFG | FATFISH BLOCKCHAIN LTD | 60 | 0.008 | 6.51M |
WTL | WT FINANCIAL GRP LTD | 58 | 0.038 | 5.72M |
HCD | HYDROCARBON DYNAMICS LTD | 54 | 0.020 | 5.92M |
CAP | CARPENTARIA RESOURCES LTD | 53 | 0.023 | 6.33M |
MOZ | MOSAIC BRANDS LTD | 52 | 0.770 | 74.55M |
CPV | CLEARVUE TECHNOLOGIES LTD | 51 | 0.110 | 12.23M |
NXS | NEXT SCIENCE LTD | 50 | 1.875 | 294.66M |
CODE | NAME | RETURN % | PRICE THIS FRIDAY [INTRADAY] | MARKET CAP |
---|---|---|---|---|
NGI | NAVIGATOR GLOBAL INVESTMENTS | -25 | 1.500 | 275.65M |
HGL | HUDSON INVESTMENT GROUP | -26 | 0.350 | 20.78M |
IPB | IPB PETROLEUM LTD | -27 | 0.008 | 1.85M |
MCM | MC MINING LTD | -27 | 0.220 | 28.22M |
ENX | ENEGEX LTD | -29 | 0.005 | 402.50k |
ICU | ISENTRIC LTD | -33 | 0.006 | 1.22M |
ASP | ASPERMONT LTD | -33 | 0.006 | 12.73M |
TIG | TIGERS REALM COAL LTD | -33 | 0.006 | 37.86M |
BAS | BASS OIL LTD | -33 | 0.002 | 3.34M |
ADV | ARDIDEN LTD | -33 | 0.003 | 3.58M |
OEX | OILEX LTD | -33 | 0.002 | 6.85M |
AHL | AHALIFE HOLDINGS LTD | -33 | 0.004 | 5.32M |
FAM | FAMILY INSIGHTS GROUP LTD | -33 | 0.020 | 1.32M |
MPH | MEDILAND PHARM LTD | -33 | 0.100 | 31.28M |
HPR | HIGH PEAK ROYALTIES LTD | -33 | 0.060 | 11.34M |
KAS | KASBAH RESOURCES LTD | -34 | 0.025 | 3.38M |
PEK | PEAK RESOURCES LTD | -35 | 0.017 | 22.19M |
SUH | SOUTHERN HEMISPHERE MINING | -38 | 0.010 | 1.09M |
EMU | EMU NL | -38 | 0.013 | 3.87M |
VMG | VDM GROUP LTD | -50 | 0.001 | 6.93M |
AVW | AVIRA RESOURCES LTD | -50 | 0.001 | 1.13M |
88E | 88 ENERGY LTD | -62 | 0.007 | 56.88M |
ENE | ENEVIS LTD | -64 | 0.055 | 3.86M |