Rise and Shine: What you need to know before the ASX opens
News
News
On Stockhead today, the tech stocks analysts reckon will do well in the coronavirus crisis, credit markets are still the one to watch as global economic shocks continue and Victorian exploration could help address east coast gas supply concerns.
But first…
The following companies are in trading halts or voluntary suspensions and are expected to exit in the next 48 hours:
Friday:
Arrow Minerals (ASX:AMD) – capital raising
DXN (ASX:DXN) – capital raising
Pacific Star Network (ASX:PNW) – COVID-19 update
Liquefied Natural Gas (ASX:LNG) – funding arrangement
Monday:
Helios Energy (ASX:HE8) – operational update
MXC Pharmaceuticals (ASX:MXC) – joint venture
Prospect Resources (ASX:PSC) – capital raising
Alkane Resource (ASX:ALK) – exploration results
Euro Manganese (ASX:EMN) – capital raising
Gold: $US1,470.25 ($2,556.85) (-1.63%)
Silver: $US12.10 (-0.91%)
Oil (WTI): $US25.34 (+24.4%)
Oil (Brent): $US28.22(+13.42%)
Coal: $US66.50 (-0.67%)
Iron 62pc Fe: $US90.44 (+0.54%)
AUD/USD: $US0.5755 (-0.31%)
Bitcoin: $US6,240.37 (+16.74%)
In case you missed it the Reserve Bank took drastic action yesterday to try and help kickstart Australia’s economy. It cut interest rates for the second time this month and will begin quantitative easing.
And it's offered a $90bn small business lending program. #rba #cashrate #interestrates #rates #asx #bonds #creditmarkets #bondmarkets #banks https://t.co/OBH9yDG6Sq
— Stockhead (@StockheadAU) March 19, 2020
We have a small and micro cap Facebook chat group. If you’re not already a member we’d love to have you join – which you can here.
These were the most tipped stocks (weekly) on Stocks in Play:
Code | Company | Price | % Change | Market Cap | Volume |
---|---|---|---|---|---|
TMZ | Thomson Resources Ltd | 0.003 | -80.00% | $356K | 0.41K |
DXN | The Data Exchange Network | 0.015 | -44.44% | $6.8M | 2.41M |
MYR | Myer Holdings | 0.095 | -44.12% | $78.0M | 28.20M |
LOV | Lovisa Holdings Ltd | 2.45 | -43.81% | $263.3M | 3.45M |
IGL | Ive Group Ltd | 0.57 | -42.42% | $84.5M | 946.79K |
ECX | Eclipx Group Ltd | 0.44 | -38.46% | $140.6M | 8.72M |
SHO | SportsHero | 0.008 | -38.46% | $2.6M | 297.91K |
TYM | Tymlez Group | 0.013 | -38.10% | $3.1M | 93.90K |
EMH | European Metals Holdings | 0.13 | -38.10% | $31.9M | 38.92K |
IVZ | Invictus Energy | 0.011 | -35.29% | $4.9M | 883.34K |
HLO | Helloworld | 0.94 | -33.45% | $192.1M | 518.42K |
JAY | Jayride Group | 0.09 | -33.33% | $13.7M | 61.07K |
ATS | Australis Oil & Gas | 0.013 | -31.58% | $19.7M | 23.25M |
GMA | Genworth Mortgage | 1.39 | -31.53% | $886.9M | 3.13M |
TYR | Tyro Payments | 0.97 | -31.45% | $778.2M | 6.02M |
VRL | Village Roadshow | 0.85 | -31.05% | $336.7M | 730.53K |
3DP | Pointerra | 0.018 | -30.77% | $15.4M | 7.13M |
PGR | PAS Group Ltd | 0.041 | -30.51% | $8.1M | 104.03K |
SCU | Stemcell United Ltd | 0.007 | -30.00% | $6.4M | 1.37M |
ADR | Adherium Ltd | 0.014 | -30.00% | $9.0M | 618.21K |
YRL | Yandal Resources | 0.12 | -29.41% | $11.4M | 106.08K |
SWM | Seven West Media | 0.078 | -29.09% | $184.6M | 18.81M |
Code | Company | Price | % Change | Market Cap | Volume |
---|---|---|---|---|---|
NES | Nelson Resources | 0.035 | 66.67% | $1.9M | 53.57K |
RBR | Rubicon Resources Ltd | 0.009 | 50.00% | $7.1M | 534.00K |
MMM | Marley Spoon | 0.335 | 34.00% | $46.9M | 2.00M |
TER | Terracom | 0.19 | 26.67% | $116.6M | 335.71K |
MEY | Marenica Energy Ltd | 0.043 | 26.47% | $5.0M | 165.32K |
CHK | Cohiba Minerals Ltd | 0.005 | 25.00% | $3.3M | 3.48M |
TRT | Todd River Resources | 0.01 | 25.00% | $2.0M | 426.49K |
GBZ | GBM Resources Ltd | 0.062 | 24.00% | $12.0M | 48.19K |
OLL | Openlearning | 0.245 | 22.50% | $25.8M | 4.27M |
REX | Resources Energy Group Ltd | 0.011 | 22.22% | $4.3M | 142.79K |
NGY | Nuenergy Gas Ltd | 0.011 | 22.22% | $16.3M | 10.00K |
AQX | Alice Queen Ltd | 0.017 | 21.43% | $15.8M | 4.87M |
MNF | MNF Group | 3.56 | 20.27% | $299.9M | 1.36M |
MRR | Minrex Resources | 0.006 | 20.00% | $1.2M | 100.00K |
CDY | Cellmid | 0.099 | 19.28% | $9.6M | 41.00K |
ED1 | Evans Dixon | 0.6 | 17.65% | $140.5M | 0.65K |
BCT | Bluechiip Ltd | 0.074 | 17.46% | $43.9M | 186.00K |
DCC | Digitalx | 0.014 | 16.67% | $8.5M | 2.30M |
LNY | Laneway Resources Ltd | 0.004 | 16.67% | $11.2M | 150.00K |
NUH | Nuheara | 0.014 | 58b04 | $15.2M | 1.44M |