Rise and Shine: What you need to know before the ASX opens

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On Stockhead today, how Australian Ethical gained first mover advantage in a $30 trillion sector, wannabe virus fighters ride high in a rough month for stocks and LNG is feeling the heat from the coronavirus.

But first…

The day ahead

The most important economic data today is fourth-quarter GDP figures. Also keep your eye out for Australia’s performance manufacturing index for the month of February and the AiG’s performance of construction index.

The following companies are in trading halts and are expected to exit in the next couple of days.

Wednesday:

Terracom (ASX:TER) – interim stop order
European Lithium (ASX:ENR) – earn in and joint venture agreement
Vango Mining (ASX:VAN) – exploration results
Adavale Resounrces (ASX:ADD) – capital raising and Tanzanian government update
Windlab (ASX:WND) – acquisition proposal

Thursday:

Security Matter (ASX:SMX) – capital raising
Great Northern Minerals (ASX:GNM) – capital raising
De Grey Mining (ASX:DEG) – exploration update

Markets

Gold: $US1,639.55 ($2,429.97) (+2.98%)

Silver: $US17.15 (+1.96%)

Oil (WTI): $US47.38 (+1.27%)

Oil (Brent): $US52.01 (-0.07%)

Coal: $US66.87 (-0.27%)

Iron 62pc Fe: $US87.10 (+0.74%)

AUD/USD: $US0.6596 (+0.90%)

Bitcoin: $US8,699.28 (-1.87%)

What got you talking yesterday

For all the benefit hand sanitiser and face mask makers have seen during the coronavirus, everyone really wants a cure. An Israeli research institute reckons it’s got a vaccine coming along within the next few months. Unsurprisingly, it got the most attention on Twitter.

“Yes, in a few weeks, if it all works, we would have a vaccine to prevent #coronavirus,” says Israel's MIGAL Galilee Research Institute https://t.co/2Gk7fNEv40

— Stockhead (@StockheadAU) March 2, 2020

Also popular yesterday was the latest edition of the Wildcatter Podcast.

This week Peter Strachan spoke with Talga Resources (ASX:TLG) managing director Mark Thompson whose company has a graphite project in Sweden. If you missed it you can listen here.

These were the most tipped stocks on Stocks in Play:

Yesterday’s winners

Yesterday’s losers

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