Rise and Shine: What you need to know before the ASX opens
Link copied to
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 While a little out of date, the numbers may show the impact of early disruptions from the COVID-19 pandemic.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:
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
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.
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: