Rise and Shine: What you need to know before the ASX opens
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It’s the most important day on this week’s data calendar, with all eyes on this morning’s June quarter inflation print for the Australian economy (11:30am AEST).
The median forecast is for core CPI growth to remain sluggish at 1.5 per cent, after it fell to 1.42 per cent in the three months to March — the equal lowest level on record.
Later tonight, the US Federal Reserve will take centre stage with its latest monetary policy announcement, with a rate cut now fully priced in. The focus will then turn to the central bank’s press conference, for any further clues to its near-term outlook.
The following companies are scheduled to come out of a trading halt or voluntary suspension over the next 48 hours:
Marmota (ASX: MEU) – drilling results
Superior Resources (ASX: SPQ) – capital raising
Greenland Minerals (ASX: GGG) – capital raising
Global Vanadium (ASX: GLV) – capital raising
Anglo Australian Resources (ASX: AAR) – exploration results
Zinc of Ireland (ASX: ZMI) – mineral resource estimate
Mako Gold (ASX: MKG) – capital raising
TV2U International (ASX: TV2) – new commercial agreement
Kyckr (ASX: KYK) – capital raise
Tinybeans (ASX: TNY) – capital raise
Equus Mining (ASX: EQE) – capital raise
NeuroScientific Biopharmaceuticals (ASX: NSB) – R&D updater
YPB (ASX: YPB) – capital raise
Regenesus (ASX: RGS) – capital raise
Spectrum Metals (ASX: SPX) – capital raise
Botanix Pharmaceuticals (ASX: BOT) – capital raise
Readcloud (ASX: RCL) – capital raise
Auroch Minerals (ASX: AOU) – capital raise
Strike Energy (ASX: STX) – well update
Warrego Energy (ASX: WGO) – well update
Gold: $US1,430.76 ($2,081.11) +0.84%
Silver: $US16.55 -0.11%
Oil (Brent): $US64.96 +0.08%
Oil (WTI): $US58.18 -0.31%
Coal: $US74.50 -0.67%
Iron ore 62pc fe: $US121.15 +2.70%
AUD/USD: $US0.6874 -0.41%
These were the five most-discussed stocks among ASX investors on Tuesday, July 30:
There were four double-ups in the session, as a series of minnow resources stocks ticked higher to post 100 per cent gains.
But it was new entrant Sezzle (ASX: SZL) that turned heads when it listed at 12pm, rising to $2.50 before closing the session at $2.20 — an 80 per cent premium to its listing price of $1.22. Ord Minnett is the lead broker for Sezzle.
And engineering and construction company Weststar Industrial (ASX: WSI) jumped by almost 60 per cent after its quarterly 4C filing record cash receipts of $17.8m in the three months to June — an increase of 300 per cent.
These were the best performing stocks at the close of trade on Tuesday, July 30:
These were the worst performing stocks at the close of trade on Tuesday, July 30: