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

On Stockhead today, who’s on the doorstep of WA1’s big Arunta discovery, storing energy in molten salt, and a big week ahead in data releases.

But first, the day ahead.

Aussie shares are set to open higher on Monday.  At 8am AEST, the ASX 200 Dec futures contract was pointing up by 1.4%.

The weeks kicks off with preliminary retail trade data issued by the Bureau of Statistics (ABS) for September while the RBA issues private credit figures with a focus on housing, business, and personal credit.

According to Commsec, the Melbourne Institute inflation gauge for October will be closely observed after the restoration of the full fuel excise on September 29 – adding around 25.3c per litre of taxes to unleaded petrol prices and overall transportation costs.

TRADING HALTS

The following companies are in trading halts and are expected out in the next few days:

Mt Monger Resources (ASX: MTM) – Capital raise.

American West Metals (ASX:AW1) – Capital raise.

Creso Pharma (ASX:CPH) – Capital raise.

DXN (ASX:DXN) – Update on the sale of business assets.

Pushpay Holdings (ASX:PPH) – Pushpay is prepping a material announcement. Stay tuned.

HITIQ (ASX:HIQ) – Capital raise.

Nitro Software (ASX:NTO) – Takeover offer.

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: $US1,643.70 (0.00%)

Silver: $US19.20 (-0.11%)

Nickel (3mth): $US22,384/t (-1.26%)

Copper (3mth): $US7,764.50/t (-0.35%)

Lithium Carbonate, China (Benchmark Minerals Intelligence, OCT 19): $US72,875/t (+111.6% year-to-date)

Lithium Hydroxide, China (Benchmark Minerals Intelligence, OCT 19): $US71,900/t (+151.9% year-to-date)

Oil (WTI): $US88.46 (+0.64%)

Oil (Brent): $US96.14 (+0.38%)

Iron 62pc Fe: $US93.01 (+0.22%)

AUD/USD: 0.6404 (-0.2%)

Bitcoin: $US20,601 (-1.09%)

WHAT YOU TALKING LAST FRIDAY?

Green Technology Metals hit thick, high-grade spodumene from surface at its Root Project, which hasn’t been properly explored since 1950.

Green Technology Metals has secured an early win at its Root project in Ontario, Canada, with inaugural diamond drilling intersecting thick, continuous high-grade spodumene pegmatites from surface.https://t.co/wvDbyEXUHf #ad #ASX $GT1

— Stockhead (@StockheadAU) October 28, 2022

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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.

YESTERDAY’S ASX SMALL CAP LEADERS

Here are the best performing ASX small cap stocks

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

Renewable energy and solid state hydrogen storage company Tempo Australia (ASX:TPP) was the clear winner, up 75% before easing to a far more sensible 54.5% as the trading day came to a close.

Mining stock Cobre (ASX:CBE) surged after releasing news of a high-grade copper zone at the Comet Target within the Ngami Project as did  Winsome Resources (ASX:WR1) following the intersection of ‘significant pegmatite’ at the Adina Project in Quebec, Canada.

YESTERDAY’S ASX SMALL CAP LAGGARDS

Here are the worst performing ASX small cap stocks

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