Rise and Shine: What you need to know before the ASX opens
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On Stockhead today, the COVID-19 pandemic could be the catalyst for ‘wholesale changes’ in ed tech, gold players haven’t escaped the market carnage and Western Australia could benefit from China’s fiscal stimulus.
Today in economic data, look out for the ANZ-Roy Morgan consumer confidence index and house prices. Also the Reserve Bank of Australia will release the minutes of its meeting from two weeks ago.
Often it is looked into more keenly than the RBA’s immediate post-meeting announcement because it goes into further details. However, economists will likely be more eager about an anticipated policy statement coming on Thursday.
The following companies are in trading halts or voluntary suspensions and are expected to exit in the next 48 hours:
Sultan Resources (ASX:SLZ) – acquisition
Carnaby Resources (ASX:CNB) – amendment to scoping study announcement
Leigh Creek Energy (ASX:LCK) – capital raising
Cann Global (ASX:CGB) – institutional investment
Bardoc Gold (ASX:BDC) – pre-feasibility study
Arafura Resources (ASX:ARU) – reserve statement update
BidEnergy (ASX:BID) – legal matter
Carbon Revolution (ASX:CBR) – capital raising
Kin Mining (ASX:KIN) – capital raising
Blina Minerals (ASX:BDI) – exploration results
Astivita (ASX:AIR) – new product
Advance Nanotek (ASX:ANO) – new product
Murray Cod Australia (ASX:MCA) – acquisition of business assets
Neuroscientific Biopharmaceuticals (ASX:NSB) – pre-clinical study results
Gold: $US1,500.30 ($2,519.75) (-1.87%)
Silver: $US12.80 (-13.28%)
Oil (WTI): $US28.70 (-12.77%)
Oil (Brent): $US29.74 (-14.22%)
Coal: $US66.27 (+0.87%)
Iron 62pc Fe: $US90.13 (+0.73%)
AUD/USD: $US0.6116 (-1.40%)
Bitcoin: $US4,933.02 (-7.78%)
Western Australia’s Pilbara region is best known for iron ore. But there are a handful of small caps exploring for gold in the region including the recently successful De Grey Mining (ASX:DEG). On Twitter it was all about Bevis Yeo’s recap.
— Stockhead (@StockheadAU) March 16, 2020
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