Rise and Shine: What you need to know before the ASX opens
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But first here’s what you need to know.
Today we will see the Westpac Leading Index released at 11.30am – an indicator of economic growth in the near future. Skilled vacancies released by the Department of Employment at 11am.
Among today’s earnings are The Reject Shop (ASX:TRS), EML Payments (ASX:EML) and Cardno (ASX:CDD).
The following companies are in trading halts and expected to exit in the next 48 hours.
Due out Wednesday:
Resources and Energy Group (ASX:REZ) – capital raise
Tanga Resources (ASX:TRL) – capital raise
BPH Energy (ASX:BPH) – investment
Central Petroleum (ASX:CTP) – 2C resources
Technology Metals (ASX:TMT) – DFS release
Australian Vanadium (ASX:AVL) – capital raise
Longtable Group (ASX:LON) – financial results
KneoMedia (ASX:KNM) – administrative issue
Rox Resources (ASX:RXL) – project acquisition
Cazaly Resources (ASX:CAZ) – sales update
Cullen Resources (ASX:CUL) – farm out transaction
MGC Pharmaceuticals (ASX:MXC) – capital raising
Due out Thursday:
Tassal Group (ASX:TGR) – earnings, capital raising
Blackearth Minerals (ASX:BEM) – capital raising
Fenix Resources (ASX:FEX) – resource estimate update
Echo Resources (ASX:EAR) – change of control transaction
Golden Mile Resources (ASX:G88) – acquisition
Broken Hill Prospecting (ASX:BPL) – acquisition update
Gold: $US1,506.27 ($2,222.37) +0.76%
Silver: $US17.13 +1.61%
Oil (Brent): $US60.09 +0.59%
Oil (WTI): $US56.16 -0.05%
Coal: $US68.20 -0.66%
Iron ore 62pc FE: $US93.00 +1.09%
AUD/USD: $US0.6777 -0.01%
Bitcoin: $US10,818.56 +0.41%
After a rough first two weeks of August, both the ASX 200 and ASX Small Ords gained over 1 per cent yesterday closing at 6,545 and 2,819 points respectively.
Over on Stockhead’s Facebook group chat, members were most interested in Roots’ entry into the plant-based meat craze. It is now 72 per cent higher so evidently its own shareholders approve of the move.
The majority of our members concurred and if you wish to discuss more market moving events such as these you can join our group here.
These were the five most-discussed stocks at close yesterday:
$ADN – Andromeda Metals
$AJM – Altura Mining
$EAR – Echo Resources
$JAT – Jatenergy
$GXY – Galaxy Resources
This is how the ASX’s sectors moved yesterday: