Rise and Shine: What you need to know before the ASX opens
News
On Stockhead today, five tech trends we’ll see more of in 2020 and the small caps that are front and centre, millennials rate responsible investing more highly than anticipated returns and The Secret Broker gives his tips on the investment trends likely to emerge in the new year.
But first…
The week in economic data will begin with consumer confidence and ANZ Job Advertisements on Tuesday. However, the Reserve Bank board will not be meeting this month – it is in recess until February.
On Wednesday we will see construction data including month-on-month building approvals and on Thursday trade data including our trade balance, all for the month of November. Finally on Friday we will see monthly retail sales figures.
The following companies are in trading halts and are expected to exit in the next 48 hours:
Monday:
Cape Lambert Resources (ASX:CFE) – financing facility
Mincor Resources (ASX:MCR) – material exploration results
Tuesday:
Kangaroo Island Plantation Timbers (ASX:KPT) – update on current fire situation
Gold: $US1,548.22 ($2,230.45) (+1.33%)
Silver: $US18.01 (-0.03%)
Oil (WTI): $US62.86 (+3.04%)
Oil (Brent): $US68.62 (+3.58%)
Coal: $US69.47 (-0.30%)
Iron 62pc Fe: $US93.41 (+0.83%)
AUD/USD: $US0.6941 (-0.13%)
Bitcoin: $US7388.25 (+0.60%)
There was a lot to talk about on the ASX in the last two weeks. Taking the title on Twitter was Byte Power’s (ASX:BPG) launch of its Singaporean cryptocurrency exchange. Despite this Byte Power is all but certain to be delisted from the ASX on January 31.
Byte Power is launching a new crypto exchange in Singapore on New Year's eve $BPG #ASX #ausbiz #cryptocurrency #bitcoin https://t.co/KyurowDVkr
— Stockhead (@StockheadAU) December 27, 2019
Meanwhile our Facebook small and micro cap chat most liked Rachel Williamson’s recap of the most interesting biotech bosses on the ASX. If you are a reader but not already a member we would love to have you join – you can join here.
These were the most tipped stocks (weekly) on Stocks in Play:
These were the best performing ASX stocks over the last two weeks.
Code | Name | Price 20-Dec | Price 3-Jan | 2 Week Return % | Market Cap |
---|---|---|---|---|---|
PCL | PANCONTINENTAL OIL & GAS NL | 0.001 | 0.002 | 150 | 13.52M |
GIB | GIBB RIVER DIAMONDS LTD | 0.027 | 0.065 | 141 | 11.64M |
TSC | TWENTY SEVEN CO LTD | 0.004 | 0.009 | 125 | 10.97M |
IGE | INTEGRATED GREEN ENERGY SOLU | 0.110 | 0.245 | 123 | 96.50M |
NGY | NUENERGY GAS LTD | 0.008 | 0.017 | 113 | 25.18M |
DDD | 3D RESOURCES LTD | 0.001 | 0.002 | 100 | 2.31M |
XST | XSTATE RESOURCES LTD | 0.002 | 0.004 | 100 | 5.70M |
AFR | AFRICAN ENERGY RESOURCES-CDI | 0.018 | 0.035 | 94 | 21.80M |
FRX | FLEXIROAM LTD | 0.016 | 0.028 | 75 | 8.55M |
CAN | CANN GROUP LTD | 0.470 | 0.805 | 71 | 114.65M |
SYA | SAYONA MINING LTD | 0.010 | 0.016 | 60 | 33.11M |
MRQ | MRG METALS LTD | 0.017 | 0.027 | 59 | 27.66M |
TDL | TBG DIAGNOSTICS LTD | 0.018 | 0.027 | 50 | 5.87M |
ZNO | ZOONO GROUP LTD | 0.440 | 0.660 | 50 | 107.79M |
AUL | AUSTAR GOLD LTD | 0.220 | 0.330 | 50 | 11.70M |
TRL | TANGA RESOURCES LTD | 0.002 | 0.003 | 50 | 5.60M |
ELT | ELEMENTOS LTD | 0.002 | 0.003 | 50 | 4.63M |
EPM | ECLIPSE METALS LTD | 0.004 | 0.006 | 50 | 7.41M |
VPR | VOLT POWER GROUP LTD | 0.001 | 0.002 | 50 | 13.49M |
XPE | XPED LTD | 0.001 | 0.002 | 50 | 2.64M |
PNN | PEPINNINI LITHIUM LTD | 0.002 | 0.003 | 50 | 4.30M |
MRD | MOUNT RIDLEY MINES LTD | 0.002 | 0.003 | 50 | 8.05M |
IVR | INVESTIGATOR RESOURCES LTD | 0.016 | 0.024 | 50 | 20.30M |
LKE | LAKE RESOURCES NL | 0.025 | 0.037 | 48 | 19.59M |
SIL | SMILES INCLUSIVE LTD | 0.047 | 0.069 | 47 | 9.19M |
AHZ | ADMEDUS LTD | 0.083 | 0.120 | 45 | 70.90M |
PDI | PREDICTIVE DISCOVERY LTD | 0.007 | 0.010 | 43 | 6.07M |
VAL | VALOR RESOURCES LTD | 0.004 | 0.005 | 43 | 9.47M |
SCL | SCHROLE GROUP LTD | 0.020 | 0.028 | 40 | 24.91M |
RAG | RAGNAR METALS LTD | 0.005 | 0.007 | 40 | 2.19M |
MMM | MARLEY SPOON AG-CDI | 0.250 | 0.350 | 40 | 55.48M |
These were the worst performing ASX stocks over the last two weeks.
Code | Name | Price 20-Dec | Price 3-Jan | 2 Week Return | Market Cap |
---|---|---|---|---|---|
TNR | TORIAN RESOURCES LTD | 0.010 | 0.008 | -20 | 2.53M |
REF | REVERSE CORP LTD | 0.005 | 0.004 | -20 | 371.44k |
APG | AUSTPAC RESOURCES NL | 0.002 | 0.002 | -20 | 5.82M |
EFE | EASTERN IRON LTD | 0.005 | 0.004 | -20 | 1.65M |
BUY | BOUNTY OIL & GAS NL | 0.005 | 0.004 | -20 | 3.81M |
BUG | BUDERIM GROUP LTD | 0.275 | 0.220 | -20 | 18.92M |
MPR | MPOWER GROUP LTD | 0.025 | 0.020 | -20 | 3.18M |
SVD | SCANDIVANADIUM LTD | 0.009 | 0.007 | -22 | 2.46M |
ATP | ATLAS PEARLS LTD | 0.009 | 0.007 | -22 | 3.00M |
RMI | RESOURCE MINING CORP LTD | 0.009 | 0.007 | -22 | 2.07M |
AVC | AUCTUS ALTERNATIVE INVESTMEN | 0.260 | 0.200 | -23 | 7.87M |
DCG | DECMIL GROUP LTD | 0.675 | 0.515 | -24 | 123.22M |
GID | GI DYNAMICS INC-CDI | 0.020 | 0.015 | -25 | 27.39M |
ICG | INCA MINERALS LTD | 0.002 | 0.002 | -25 | 6.24M |
TYX | TYRANNA RESOURCES LTD | 0.004 | 0.003 | -25 | 2.92M |
ALT | ANALYTICA LTD | 0.004 | 0.003 | -25 | 10.56M |
PXX | POLARX LTD | 0.056 | 0.042 | -25 | 17.48M |
AWV | ANOVA METALS LTD | 0.012 | 0.009 | -25 | 5.75M |
AQC | AUSTRALIAN PACIFIC COAL LTD | 0.190 | 0.140 | -26 | 7.07M |
PNC | PIONEER CREDIT LTD | 2.460 | 1.795 | -27 | 113.80M |
XTD | XTD LTD | 0.043 | 0.031 | -28 | 4.28M |
TD1 | TALI DIGITAL LTD | 0.064 | 0.046 | -28 | 34.47M |
OAR | OAKDALERESOURCES LTD | 0.007 | 0.005 | -29 | 2.68M |
OKR | OKAPI RESOURCES LTD | 0.135 | 0.096 | -29 | 3.46M |
PTX | PRESCIENT THERAPEUTICS LTD | 0.079 | 0.054 | -32 | 21.29M |
PBX | PACIFIC BAUXITE LTD | 0.003 | 0.002 | -33 | 793.23k |
SZL | SEZZLE INC-CDI | 2.150 | 1.395 | -35 | 277.47M |
CSD | CONSOLIDATED TIN MINES LTD | 0.170 | 0.110 | -35 | 72.58M |
MHI | MERCHANT HOUSE INTL LTD | 0.115 | 0.073 | -37 | 6.88M |
LRS | LATIN RESOURCES LTD | 0.008 | 0.005 | -38 | 1.74M |
REZ | RESOURCES & ENERGY GROUP LTD | 0.025 | 0.015 | -40 | 5.82M |