Rise and Shine: What you need to know before the ASX opens
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On Stockhead today, air pollution is getting worse and these stocks are in the game, the bulls at State Street reckon a recession isn’t on the cards and equities are still a buy in 2020 and Wildcatter discusses whether South Africa’s gas shortfall is creating an investment opportunity.
On the local data front, NAB’s widely-read monthly business survey comes out at 11:30am EST. There’s also some RBA activity, with governor Philip Lowe and assistant governor Michelle Bullock both making appearances at the AusPayNet Summit in Sydney.
Looking abroad, key data will be led by Chinese inflation figures for the month of November.
The following companies are in trading halts or voluntary suspensions and are expected to exit in the next 48 hours
Minrex Resources (ASX:MRR) – loan notes agreement update
HeraMED (ASX:HMD) – capital raising
AppsVillage (ASX:APV) – capital raising
Roolife Group (ASX:RLG) – capital raising
Jaxsta (ASX:JXT) – capital raising
CCP Technologies (ASX:CT1) – material agreement
Hastings Technology (ASX:HAS) – capital raising
Peninsula Mines (ASX:PSM) – project acquisition
Gold: $US1,461.66 ($2,142.48) (+0.40%)
Silver: $US16.61 (+0.15%)
Oil (WTI): $US58.91 (-0.49%)
Oil (Brent): $US64.06 (-0.51%)
Coal: $68.32 (-0.73%)
Iron 62pc Fe: $93.93 (+5.5%)
AUD/USD: $0.6823 (-0.22%)
Bitcoin: $US7,360.67 (-2.40%)
Over on the Stockhead Twitter page, readers took an interest in senior journalist Rachel Williamson’s recap of proposed changes to the federal government’s Research and Development Tax Incentive (RDTI), which has raised concerns in the life sciences sector.
These were the most tipped stocks (weekly) on Stocks in Play: