Rise and Shine: What you need to know before the ASX opens
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On Stockhead today, why the coronavirus outbreak may not hurt Aussie iron ore exports to China as much as people think, modular nuclear power plants could be here by the mid-2020s and the hand sanitiser sellers are leading the bio-stock gains.
Today in economic data we’ll see monthly retail sales. Australia’s trade balance, which economists believe will slightly drop but still be a healthy surplus, is also due to be released today. Finally keep your eye out for NAB Business Confidence for the December quarter.
The following companies are in trading halts and are expected to exit in the next 48 hours:
De Grey Mining (ASX:DEG) – exploration results
Twenty Seven (ASX:TSC) – capital raising
STEMify (ASX:SF1) – disposal transaction
Matador Mining (ASX:MZZ) – capital raising
Gold: $US1,553.54 ($2,303.25) (+0.29%)
Silver: $US17.61 (+0.01%)
Oil (WTI): $US51.06 (+2.88%)
Oil (Brent): $US55.37 (+2.76%)
Coal: $US71.85 (+2.54%)
Iron 62pc Fe: $US81.63 (+4.21%)
AUD/USD: $US0.6746 (+0.10%)
Bitcoin: $US9,657.42 (+5.49%)
Yesterday Elixir Energy (ASX:EXR) finished up 126 per cent. The catalyst was a 51m thick coal seam hit at its Mongolian project.
— Stockhead (@StockheadAU) February 5, 2020
These were the most tipped stocks (weekly) on Stocks in Play: