Rise and Shine: What you need to know before the ASX opens
Link copied to
On Stockhead today we look at the opportunity the NSX offers companies and investors, The Secret Broker give us his (quite unusual) insights into the bond market and Tim Treadgold runs through why it’s time to “buy the (nickel) sector”.
But first here’s what you need to know.
There’s no economic data due out in Australia today although New Zealand’s quarterly retail sales will be released — which is a significant market for several ASX small caps.
Over the weekend, investors will be watching the Jackson Hole symposium and the speeches the world’s central bankers will deliver.
Among today’s small cap earnings are neo-lender Resimac (ASX:RMC), bug-killer Next Science (ASX:NXS) and Perseus Mining (ASX:PRU).
The following companies are due out of trading halts in the next 48 hours.
Due out Friday:
Moreton Resources (ASX:MRV) – company update
Weebit Nano (ASX:WBT) – capital raising
Prodigy Gold (ASX:PRX) – capital raising
Metalicity (ASX:MCT) – capital raising
Fraser Range Metals (ASX:FRN) – acquisition
Due out Monday:
Gateway Mining (ASX:GML) – capital raising
88 Energy (ASX:88E) – farm-out update
Resapp Health (ASX:RAP) – outcome of CE Mark Application
Bryah Resources (ASX:BYH) – capital raising
Saturn Metals (ASX:STN) – capital raising
G Medical Innovations (ASX:GMV) – NASDAQ update
Gold: $US1,499.64 ($2,219.52) -0.28%
Silver: $US17.04 -0.41%
Oil (Brent): $US60.07 +0.36%
Oil (WTI): $US55.31 +0.47%
Coal: $US67.25 +0.07%
Iron ore 62pc FE: $US87.00 -5.43%
AUD/USD: $US0.6755 -0.03%
Bitcoin: $US10,124.16 +0.75%
Yesterday’s lead by Dan Paproth got members of our Small and Micro Cap chat Facebook group talking about the meat-substitutes market.
Roots Sustainable Agricultural Technology (ASX:ROO) announced it was entering the field on Monday and it has continued to soar this week. If you wish to discuss events like this you can apply to join here.
The ASX rebounded yesterday from Wednesday’s decline. The ASX Small Ords gained 0.16 per cent, closing at 2,820 points while the ASX 200 gained 0.29 per cent, closing at 6,502 points.
These were the five most discussed stocks among ASX investors yesterday:
$RAP – Resapp Health
$PLS – Pilbara Minerals
$A2M – A2 Milk
$ADN – Andromeda Metals
$Z1P – Zip Co
Here is how our sectors performed:
Consumer discretionary: -0.04%
Consumer Staples: +0.65%
OptiComm (ASX:OPC) made a solid debut on the ASX finishing up over 50 per cent.