Rise and Shine: What you need to know before the ASX opens
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On Stockhead today, S&P is bullish on nickel and we bring you the stocks most likely to benefit, global investment platform eToro has its sights set on Oz and these junior explorers are benefiting from Fortescue’s accelerated exploration push.
The week in economic data begins slowly but will build up, starting with the RBA minutes of its last meeting on Tuesday.
On Wednesday we will see Westpac’s leading index (which measures consumer sentiment) and monthly skilled vacancies. On Thursday Bloomberg’s economic survey is due out and on Friday the Commonwealth Banks’ Performance Manufacturing Index will be released.
In a couple of weeks it will be five months since the end of the financial year, meaning the deadline for ASX-listed companies to hold their AGM. So the bulk of them will hold it in the next fortnight.
Companies holding their AGMs today include know your customer fintech Kyckr (ASX:KYK) and Queensland gas explorer Senex Energy (ASX:SXY).
The following companies are scheduled to come out of a trading halt or voluntary suspension over the next 48 hours:
Dreadnought Resources (ASX:DRE) – capital raising
Tietto Minerals (ASX:TIE) – capital raising
Volt Power Group (ASX:VPR) – capital raising
Austar Gold (ASX:AUL) – capital raising
Golden Mile Resources (ASX:G88) – drilling results
Highfield Resources (ASX:HFR) – quarterly clarification
Dampier Gold (ASX:DAU) – farm in joint venture status
HeraMED (ASX:HMD) – response to ASX query
Nzuri Copper (ASX:NZC) – acquisition
First Graphene (ASX:FGR) – collaboration with Steel Blue
Gold: US$1,466.75 ($2,152.22) (-0.18%)
Silver: $16.87 (-0.85%)
Oil (WTI): $57.94 (+1.81%)
Oil (Brent): $63.40 (+1.69%)
Coal: $71.40 (+0.92%)
Iron 62pc Fe: $81.50 (+3.16%)
AUD/USD: $0.6819 (+0.03%)
Bitcoin: $8,536.01 (+0.95%)
Our Twitter followers always enjoy hearing from an industry expert. Last week they liked Blackstone boss Scott Williamson’s thoughts on the role nickel could play in the battery sector.
Blackstone managing director Scott Williamson believes the future of nickel is in the burgeoning battery sector and that the company’s Ta Khoa project is ideally suited to meet this growing demand. https://t.co/ohZ6GriUB8 #ad #asx $BSX
— Stockhead (@StockheadAU) November 13, 2019
Meanwhile, in our Facebook Small and Micro Cap chat group users were most interested in drone tech and tips for tech companies to crack the US market. You can join here for a recap of our best stories and plenty of small cap discussion.
These were the five most-tipped stocks (weekly) on Stocks in Play: