Rise and Shine: What you need to know before the ASX opens
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On Stockhead today: How the Sydney Stock Exchange is shaping up as a better alternative for junior miners; there’s widespread confidence in the uranium recovery and companies are pouring in; and Asia, gold & tech are dominating the ASX’s top performing ETFs in 2020 (so far).
It’s a quiet session locally, with Asian markets likely to react to additional commentary from US Fed Chair Jerome Powell overnight following the central bank’s decision to start purchasing corporate bonds this week.
The following companies are in trading halts and are expected to exit in the next two trading days:
GID Dynamics (ASX:GID) – fundraising matters
Genesis Minerals (ASX:GMD) – acquisition of tenements
Jumbo Interactive (ASX:JIN) – operations update
Dark Horse Resources (ASX:DHR) – capital raising
Crowd Media (ASX:CM8) – potential marketing service agreement
Orminex (ASX:ONX) – s.249D request response
PolarX (ASX:PXX) – capital raising
Tesoro Resources (ASX:TSO) – capital raising
Dampier Gold (ASX:DAU) – capital raising
Rimfire Pacific Mining (ASX:RIM) – earn in and joint venture agreement
Lifespot Health (ASX:LSH) – capital raising
Golden Rim Resources (ASX:GMR) – capital raising
RedHill Education (ASX:RDH) – capital raising
Gold: $US1,726.35 ($2,505.62) (+0.07%)
Silver: $US17.45 (+0.35%)
Oil (WTI): $US37.93 (+2.18%)
Oil (Brent): $US40.67 (+2.21%)
Coal: $US54.80 (+0.88%)
Iron 62pc Fe: $US102.89 (-0.09%)
AUD/USD: $US0.6889 (-0.43%)
Bitcoin: $US9,498.21 (+0.36%)
We spoke to Harley Grosser, principal at investment fund Capital H Management to discuss his high-conviction buy call in the small cap ed-tech space.
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.
Stocks highlighted in yellow made market-moving announcements