Rise and Shine: What you need to know before the ASX opens
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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.
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:
Cape Lambert Resources (ASX:CFE) – financing facility
Mincor Resources (ASX:MCR) – material exploration results
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.
— 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.
These were the worst performing ASX stocks over the last two weeks.