Rise and Shine: What you need to know before the ASX opens
News
On Stockhead today, COVID-19 treatments are a better bet than a vaccine, the surge in buy now pay later 2.0 and consumer confidence is on an eight-week winning streak but long-term concerns linger.
But first…
Continuing the quiet week of local data, Australia will get quarterly data on construction work done for the three months to March. While a little out of date, the numbers may show the impact of early disruptions from the COVID-19 pandemic.
Looking abroad, the US Federal Reserve will release its Beige Book — a report released eight times a year that provides a summary of US economic activity.
Markets will also be watching for comments from Fed committee member James Bullard, who will give a speech on the state of the US economy during the pandemic.
The following companies are in trading halts and are expected to exit in the next two trading days:
Wednesday:
Laramide Resources (ASX:LAM) – technical report release
European Lithium (ASX:EUR) – strategic partnership
Ora Banda Mining (ASX:OBM) – interim ore reserve statement
Alpha HPA (ASX:A4N) – capital raising
Rox Resources (ASX:RXL) – capital raising
Alto Metals (ASX:AME) – resource upgrade
Blue Star Helium (ASX:BNL) – results of prospective helium resources report
Kingston Resources (ASX:KSN) – capital raising
MGM Wireless (ASX:MWR) – capital raising
Legend Mining (ASX:LEG) – exploration update
Thursday:
White Rock Minerals (ASX:WRM) – capital raising
Challenger Exploration (ASX:CEL) – assay results
NSX (ASX:NSX) – capital raising
GI Dynamics (ASX:GID) – delisting update
Comet Resources (ASX:CRL) – proposed acquisition & due diligence
Chase Mining (ASX:CML) – capital raising
Gold: $US1,709.95 ($2,569.37) (-1.11%)
Silver: $US17.11 (-0.49%)
Oil (WTI): $US34.14 (+2.71%)
Oil (Brent): $US36.08 (+2.73%)
Coal: $US56.05 (+0.53%)
Iron 62pc Fe: $US91.42 (+0.24%)
AUD/USD: $US0.6655 (+1.68%)
Bitcoin: $US8,873.71 (-0.46%)
There was plenty of interest in the latest edition of RockTalk, which this week focused on the recent resilience of the iron ore market.
A lot of readers also checked in with Flying or Falling? — our update on how the best-performing small cap explorers of last year are holding up so far in 2020.
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) on Stocks in Play:
Code | Company | Price | % Change | Volume |
---|---|---|---|---|
PWN | Parkway Minerals | 0.004 | 100.00% | 2.74M |
MCT | Metalicity | 0.008 | 60.00% | 70.49M |
ZEU | Zeus Resources Ltd | 0.008 | 60.00% | 1.20M |
VRC | Volt Resources | 0.025 | 56.25% | 54.06M |
ENX | Enegex NL | 0.01 | 42.86% | 117.67K |
GEV | Global Energy Ventures | 0.007 | 40.00% | 31.57M |
GNM | Great Northern Minerals | 0.011 | 31.25% | 14.18M |
IXU | IXUP | 0.027 | 35.00% | 336.18K |
BSM | Bass Metals Ltd | 0.004 | 33.33% | 1.13M |
STM | Sunstone Metals | 0.008 | 33.33% | 23.11M |
HLO | Helloworld | 2.16 | 30.91% | 2.92M |
PKO | Peako | 0.017 | 30.77% | 185.00K |
CNJ | Conico Ltd | 0.009 | 28.57% | 2.09M |
VEN | Vintage Energy | 0.053 | 26.19% | 2.43M |
OAR | Oakdale Resources Ltd | 0.003 | 25.00% | 3.75M |
RBR | RBR Group | 0.01 | 25.00% | 1.22M |
CLA | Celsius Resources | 0.013 | 25.00% | 6.89M |
IDZ | Indoor Skydive AUS Group | 0.005 | 25.00% | 444.00K |
DHR | Dark Horse Resources | 0.003 | 25.00% | 1.42M |
OSP | Osprey Medical Inc | 0.015 | 25.00% | 15.18M |
POD | Podium Minerals | 0.026 | 23.81% | 12.19K |
Code | Company | Price | % Change | Volume |
---|---|---|---|---|
IKW | Ikwezi Mining Ltd | 0.001 | -50.00% | 15.00K |
ADY | Admiralty Resources | 0.008 | -38.46% | 1.11M |
GTE | Great Western Exploration | 0.001 | -33.33% | 1.77M |
PCL | Pancontinental Oil&Gas | 0.001 | -33.33% | 125.00K |
BAS | Bass Oil | 0.001 | -33.33% | 22.80K |
LRS | Latin Resources Ltd | 0.003 | -25.00% | 27.12K |
BMG | BMG Resources Ltd | 0.003 | -25.00% | 5.90M |
KIN | Kin Mining NL | 0.115 | -20.69% | 4.04M |
AVW | Avira Energy | 0.002 | -20.00% | 300.00K |
CTO | Citigold Corporation | 0.004 | -20.00% | 796.21K |
LSR | Lodestar Minerals Ltd | 0.005 | -16.67% | 3.59M |
BIR | BIR Financial | 0.05 | -16.67% | 0.40K |
ESE | Esense-Lab | 0.01 | -16.67% | 1.24M |
SUP | Superior Resources Ltd | 0.005 | -16.67% | 836.00K |
MAR | Malachite Resources Ltd | 0.042 | -16.00% | 26.00K |
ABT | Abundant Produce | 0.016 | -15.79% | 210.80K |
JDR | Jadar Lithium | 0.011 | -15.38% | 3.20M |
VR8 | Vanadium Resources | 0.017 | -15.00% | 296.05K |
SHE | Stonehorse Energy | 0.006 | -14.29% | 300.00K |
ESH | Esports Mogul Asia Pacific Ltd | 0.006 | -14.29% | 16.49M |
GBT | Bio-Gene Tech | 0.17 | -12.82% | 902.46K |
MEB | Medibio Ltd | 0.007 | -12.50% | 200.00K |