Rise and Shine: What you need to know before the ASX opens
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On Stockhead today, new IPO Advent Health says its roll-up strategy will make a splash; Experts divided on whether to go for an ETF or just ‘pick a winner’; and Is the silver price about to repeat history and break out?
Local data tomorrow will be led by the Westpac consumer confidence survey, along with housing finance data for April.
Later on, all eyes will be on the US Federal Reserve when the central banks makes it policy announcement, after which Fed chair Jerome Powell will front the media for the post–meeting press conference.
The following companies are in trading halts and are expected to exit in the next couple of trading days:
BMG Resources (ASX:BMG) – capital raising
Nelson Resources (ASX:NES) – capital raising
Opthea (ASX:OPT) – clinical trial results
Torian Resources (ASX:TNR) – exploration results
Global Petroleum (ASX:GBP) – ASX removal application
Thomson Resources (ASX:TMZ) – capital raising
Medibio (ASX:MEB) – capital raising
BetMakers Technology Group (ASX:BET) – New Jersey agreement
RareX (ASX:REE) – exploration results
Piedmont Lithium (ASX:PLL) – capital raising
Intiger Group (ASX:IAM) – capital raising
Arafura Resources (ASX:ARU) – capital raising
Infratil (ASX:IFT) – capital raising
Alligator Energy (ASX:AGE) – proposed acquisition
Vimy Resources (ASX:VMY) – capital raising
MetalsX (ASX:MLX) – update of strategic review
FirstAU (ASX:FAU) – capital raising
Meteoric Resources (ASX:MEI) – capital raising
Gold: $US1,714.54 ($2,419.65) (+0.94%)
Silver: $US17.51 (-1.16%)
Oil (WTI): $US38.38 (+0.50%)
Oil (Brent): $US40.64 (-0.29%)
Coal: $US54.82 (-2.19%)
Iron 62pc Fe: $US100.40 (-1.57%)
AUD/USD: $US0.6960 (-0.87%)
Bitcoin: $US9,757.74 (+0.53%)
Readers took an interest in our interview with two small cap fund managers — Ed Prendergast from Pengana Capital and Dean Fergie from Cyan Investment Management — including insights on how their portfolios are positioned for the second half of the year.
Also, be sure to check in at 10.20am each morning for our daily 10 at 10 column — a live summary of winners and losers at the opening bell.