On Stockhead today, two experts give their view on COVID-19’s impact on globalisation and Australia’s relationship with the rest of the world, the pandemic hasn’t held back Australia’s resources cash cow and can listed Aussie drug makers survive COVID-19?

But first…

 

The day ahead

Key events in Australia will be led by the RBA’s quarterly Statement on Monetary Policy (11:30am EST), where markets will be watching closely for what changes the bank will make to its central economic forecasts in the wake of COVID-19.

Looking abroad, all eyes will be on US employment data to end the week. The median forecast is for more than 20 million jobs to be lost in April, which would send US unemployment above 16 per cent.

The following companies are in trading halts and are expected to exit in the next two trading days:

Friday:

K2fly (ASX:K2F) – underwriting of options
Great Southern Mining (ASX:GSN) – capital raising
Fraser Range Metals Group (ASX:FRN) – capital raising

Monday:

Scorpion Minerals (ASX:SCN) – capital raising
RhinoMed (ASX:RNO) – capital raising
TNT Mines (ASX:TNT) – acquisition of uranium project
Exore Resources (ASX:ERX) – parting with minority interests
Sacgasco (ASX:SGC) – capital raising
ArchTIS (ASX:AR9) – capital raising
MGC Pharmaceuticals (ASX:MXC) – distribution agreement
Cellmid (ASX:CDY) – media article response

 

Markets

Gold: $US1,715.95 ($2,628.56) (+1.70%)

Silver: $US15.34 (+3.08%)

Oil (WTI): $US23.44 (-2.29%)

Oil (Brent): $US29.41 (-1.04%)

Coal: $US54.25 (+0.93%)

Iron 62pc Fe: $US83.29 (+0.28%)

AUD/USD: $US0.6495 (+1.48%)

Bitcoin: $US9,762.26 (+5.50%)

 

What got you talking yesterday

Rachel Williamson’s analysis of what it takes to build a successful listed medtech company — including a review of four ASX small-caps — got plenty of attention from our readers yesterday.

To keep up to date with Stockhead coverage, follow our Twitter page or sign up to our members-only Facebook group here.

Also, be sure to check in at 10.20am each morning for our daily 10 at 10 column — a live summary of winners & losers at the opening bell.

These were the most tipped stocks (weekly) in Stocks in Play:

 

 

Yesterday’s winners

Code Company Price % Change Volume
IPT Impact Minerals Ltd 0.015 66.67% 292.69M
GGE Grand Gulf Energy Ltd 0.005 66.67% 9.75M
VLT Volt Resources 0.008 60.00% 16.00M
ELT Elementos Ltd 0.003 50.00% 15.75M
CYQ Cycliq 0.002 50.00% 8.19M
ARS Alt Resources Ltd 0.042 44.83% 40.22M
BLZ Blaze International Ltd 0.013 44.44% 800.21K
XCD Xcd Energy 0.01 42.86% 44.12M
EXR Elixir Petroleum 0.03 36.36% 4.22M
CZL Consolidated Zinc 0.004 33.33% 438.39K
AGE Alligator Energy Ltd 0.004 50.00% 132.25M
BPL Broken Hill Prospecting Ltd 0.017 30.77% 663.88K
NCR Nucoal Resources 0.009 28.57% 228.48K
GIB GIBB River Diamonds 0.045 28.57% 356.02K
PKO Peako 0.009 28.57% 204.67K
DXN The Data Exchange Network 0.011 27.78% 4.93M
WWG Wiseway 0.14 27.27% 269.94K
MKG Mako Gold 0.053 26.19% 101.17K
BIQ BuildingIQ Inc 0.005 25.00% 844.21K
SI6 Six Sigma Metals 0.003 25.00% 250.00K

Yesterday’s losers

Code Company Price % Change Volume
AAJ Aruma Resources Ltd 0.002 -33.33% 100.00K
JPR Jupiter Energy 0.037 -30.19% 2.70M
CUX Crossland Strategic Metals 0.003 -25.00% 1.00M
AFR African Energy Resources 0.022 -24.14% 204.65K
E2M E2 Metals 0.145 -23.68% 1.00M
DLC Delecta Ltd 0.004 -20.00% 1.50M
DHR Dark Horse Resources 0.002 -20.00% 180.04K
AX8 Accelerate Resources 0.016 -20.00% 95.00K
MHC Manhattan 0.009 -18.18% 18.82M
RDN Raiden 0.005 -16.67% 3.64M
DDD 3D Resources Ltd 0.003 -16.67% 8.15M
AQD Ausquest Ltd 0.011 -15.38% 5.16M
GED Golden Deeps Ltd 0.011 -15.38% 17.30M
AUR Auris Minerals 0.017 -15.00% 40.00K
OLI Olivers Real Food 0.047 -14.55% 2.97M
TSC Twenty Seven 0.006 -14.29% 2.21M
HNR Hannans Reward Ltd 0.006 -14.29% 408.83K
KAS Kasbah Resources 0.012 -14.29% 86.17K
GMV G Medical Innovations 0.09 -14.29% 9.84M