Rise and Shine: What you need to know before the ASX opens
Link copied to
On Stockhead today, the dynamic duo behind the new Kaiser Reef gold float are on the hunt for the next Cadia mine, three stock picks that will likely profit from the gold bull run and the WA government hits the gas with $1.7m hydrogen investment.
Today the Australian Bureau of Statistics will release trade data. While Australia has historically recorded a trade deficit, the country hit a record surplus last month.
Also look out for Westpac & Melbourne Institute consumer confidence.
The following companies are in trading halts and are expected to exit in the next 48 hours:
Anson Resources (ASX:ASN) – capital raising
Elsight (ASX:ELS) – capital raising
Argosy Minerals (ASX:AGY) – receipt of approval for processing plant
Gold: $US1,558.98 ($2,269.98) (-0.90%)
Silver: $US18.15 (-2.51%)
Oil (WTI): $US60.25 (-3.86%)
Oil (Brent): $US66.05 (-3.21%)
Coal: $US69.23 (-0.32%)
Iron 62pc Fe: $US93.73 (-0.13%)
AUD/USD: $US0.6869 (-0.01%)
Bitcoin: $US8,032.78 (-1.96%)
Our monthly recap of the best resources small caps is always popular and the recap of December was no exception.
— Stockhead (@StockheadAU) January 7, 2020
These were the most tipped stocks (weekly) on Stocks in Play: