Rise and Shine: Everything you need to know before the ASX opens

On Stockhead today, The Tech-Heavy Nasdaq Composite has just snuck into the sneakiest bull run since Hemingway. Eddy Sunarto asks if it’s finally time to dust off the local tech sector.

Morgan Stanley says it’s myopic US investors ignoring the terrible reality.

Tribeca Investment Partners portfolio manager Todd Warren gives us his take on bulk miners and commodities and why Champion Iron could be a long term beneficiary of rising spreads for higher grades.

Also the team at Aviva Investors has some deliciously fresh Chinese takeaways to share.

But first, the day ahead.

TRADING HALTS

The following stocks went into trading halts Tuesday and are expected out in the coming days:

Omega Oil & Gas (ASX:OMA) – Incoming update on the Company’s Canyon-2 Permian Deep Gas drilling program.

Felix Gold (ASX:FXG) – Capital raising.

Western Mines Group (ASX:WMG) – Capital raising.

MGC Pharmaceuticals (ASX:MXC) – Capital raising.

Aurumin (ASX:AUN) – Update on a planned entitlement issue.

Galena Mining (ASX:G1A) – Operational update.

Health and Plant Protein Group (ASX:HPP) – Halt called ahead of Shareholder vote, held this morning.

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: $US2,022.56 (+0.68%)

Silver: $US25.32 (-0.55%)

Nickel (3mth): $US23,199/t (-2.29%)

Copper (3mth): $US9001.00/t (-0.02%)

Oil (WTI): $US82.30 (+2.25.%)

Oil (Brent): $US85.59 (+1.65%)

Iron 62pc Fe: $US120.00/t (+0.42%)

AUD/USD: 0.6653 (+0.25%)

Bitcoin: $US30,263 (+2.89%)

WHAT GOT YOU TALKING?

More Canadian Madness for GT1…

There’s a clear development pathway in site for GT1’s flagship Seymour lithium project in Ontario, Canada as the team readies for exploration across the unexplored North Seymour tenements. https://t.co/zwlwIHyBC7 #ad #ASX @greentm_

— Stockhead (@StockheadAU) April 11, 2023

Keep up to date with Stockhead coverage or you’ll miss gold like that EVERY DAY. Follow our Twitter page.

For all you crypto lovers Stockhead’s Coinhead Twitter is the place to get and share views, insights, tips and ideas.

Also, be sure to check in preopen each day for ‘Market highlights and 5 ASX small caps to watch’, and 10.30am for our daily ‘10 at 10’ column — a live summary of winners & losers at the opening bell.

ASX SMALL CAP LEADERS

Here are Thursday’s best performing ASX small cap stocks:

Swipe or scroll to reveal full table. Click headings to sort:

Code	Company	Price	%	Volume	Market Cap
PRS	Prospech Limited	0.053	152%	30,959,434	$2,132,411
AR3	Austrare	0.445	78%	14,756,780	$23,800,388
CLZ	Classic Min Ltd	0.0015	50%	65,569,433	$2,913,095
LRL	Labyrinth Resources	0.016	45%	3,099,214	$10,554,361
4DX	4Dmedical Limited	0.78	44%	5,337,244	$159,025,592
G88	Golden Mile Res Ltd	0.028	40%	11,262,377	$5,268,645
JRV	Jervois Global Ltd	0.091	30%	53,559,420	$145,548,267
MDX	Mindax Limited	0.195	26%	4,198,858	$308,924,095
BPP	Babylon Pump & Power	0.005	25%	62,697	$9,831,085
MCT	Metalicity Limited	0.0025	25%	2,857,704	$7,009,079
RBR	RBR Group Ltd	0.0025	25%	100,000	$3,196,809
RR1	Reach Resources Ltd	0.005	25%	1,507,042	$9,510,203
JPR	Jupiter Energy	0.026	24%	76,845	$25,826,853
SIO	Simonds Grp Ltd	0.11	22%	164,212	$32,391,581
DME	Dome Gold Mines Ltd	0.18	20%	36,500	$52,982,120
ASR	Asra Minerals Ltd	0.012	20%	304,377	$14,671,187
CTO	Citigold Corp Ltd	0.006	20%	30,000	$14,368,295
ECT	Env Clean Tech Ltd.	0.012	20%	6,623,528	$24,766,106
FAU	First Au Ltd	0.006	20%	314,841	$5,473,916
HFY	Hubify Ltd	0.024	20%	20,000	$9,922,726
NES	Nelson Resources.	0.006	20%	80,000	$2,942,972
PCL	Pancontinental Energ	0.012	20%	15,451,103	$75,542,228
RIE	Riedel Resources Ltd	0.006	20%	1,475,939	$6,858,535
M24	Mamba Exploration	0.13	18%	59,965	$6,708,167
DMG	Dragon Mountain Gold	0.013	18%	313	$4,341,388

Rare Earths minnow Prospech (ASX:PRS) jumped after finding high-grade rare earth oxides and hafnium over 4km strike at its recently-acquired Jokikangas project in Finland.

IE:

KA02: 0.20m @ 24,448 ppm TREO and 4,700 ppm Niobium from 74.2m
KA03: 0.15m @ 15,346 ppm TREO and 2,980 ppm Niobium from 9.2m
KA03: 0.17m @ 8,690 ppm TREO and 2,030 ppm Niobium from 57.3m

Up 143%.

And 4D Medical (ASX:4DX) found another 45.4% to add to last week’s win, after the company’s freshly-inked deal with Tampa Bay University.

ASX SMALL CAP LAGGARDS

Here are the least best performing ASX small cap stocks:

Swipe or scroll to reveal full table. Click headings to sort:

Code	Company	Price	%	Volume	Market Cap
VPR	Volt Power Group	0.001	-33%	52,007	$16,074,312
NVA	Nova Minerals Ltd	0.33	-29%	7,658,432	$98,063,746
WFL	Wellfully Limited	0.011	-27%	2,458,583	$5,867,223
CCE	Carnegie Cln Energy	0.0015	-25%	3,796,888	$31,285,147
FIJ	Fiji Kava Limited	0.003	-25%	600,000	$1,600,355
LNU	Linius Tech Limited	0.003	-25%	1,123,218	$12,918,985
PRM	Prominence Energy	0.0015	-25%	1,247,463	$4,849,218
MRL	Mayur Resources Ltd	0.16	-24%	4,030	$62,066,862
SHG	Singular Health	0.069	-23%	380,146	$10,210,197
MME	Moneyme Limited	0.12	-23%	1,762,442	$43,903,320
CPN	Caspin Resources	0.325	-21%	677,781	$30,722,257
ERAR	Energy Resources	0.028	-20%	755,489	$645,992,060
DXN	DXN Limited	0.004	-20%	398,298	$8,606,574
OLL	Openlearning	0.013	-19%	363,317	$4,285,905
REZ	Resourc & En Grp Ltd	0.013	-19%	1,339,531	$7,996,893
LMLND	Lincoln Minerals	0.009	-18%	2,050,000	$9,157,259
AEI	Aeris Environmental	0.035	-17%	524,942	$10,317,071
ADC	Acdc Metals Ltd	0.096	-17%	160,000	$5,375,963
GBE	Globe Metals &Mining	0.061	-16%	2,203,518	$36,994,115
AGR	Aguia Res Ltd	0.032	-16%	6,416,587	$16,486,462
NKL	Nickelxltd	0.057	-15%	58,495	$5,344,367
NGY	Nuenergy Gas Ltd	0.036	-14%	550,661	$62,200,131
KNM	Kneomedia Limited	0.006	-14%	90,060	$10,533,497
TYM	Tymlez Group	0.006	-14%	6,506,387	$7,645,367
YPB	YPB Group Ltd	0.003	-14%	4,401,364	$2,167,371