Rise and Shine: What you need to know before the ASX opens
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On Stockhead today, 3 listed fintechs discuss the benefits of a partnership approach, the top 100 best performing ASX stocks in FY20 and bullish resources and China expert discusses commodity sector rebound.
Today all eyes will be on the Reserve Bank as it holds its monthly meeting. Interest rates are not expected to change but it is the first meeting since Victoria’s COVID-19 situation escalated and it will likely comment on this.
Also keep a lookout for ANZ-Roy Morgan’s weekly consumer confidence index, AIG’s performance of services’ index and Australia’s foreign reserves figure.
The following companies are in trading halts and are expected to exit in the next two trading days:
Alara Resources (ASX:AUQ) – board change
Cipherpoint (ASX:CPT) – capital raising
Ora Banda Mining (ASX:OBM) – capital raising
Marquee Resources (ASX:MQR) – capital raising & project acquisition
Carbonxt Group (ASX:CG1) – capital raising
Cirrus Networks (ASX:CNW) – contracts update
Devex Resources (ASX:DEV) – capital raising
Matador Mining (ASX:MZZ) – capital raising
Woomera Mining (ASX:WML) – capital raising
Auteco Minerals (ASX:AUT) – capital raising
Bardoc Gold (ASX:BDC) – capital raising
thedocyard (ASX:TDY) – capital raising
iSentric (ASX:ICU) – capital raising
Recce Pharmaceuticals (ASX:RCE) – Material Research Agreement
Gold: $US1,784.10 ($2,558.22) (+0.51%)
Silver: $US18.27 (+1.28%)
Oil (WTI): $US40.59 (+0.67%)
Oil (Brent): $US43.06 (+0.61%)
Coal: $US54.27 (-0.06%)
Iron 62pc Fe: $US98.94 (+0.95%)
AUD/USD: $US0.6973 (+0.49%)
Bitcoin: $US9,279.80 (+2.77%)
Yesterday on Twitter our fortnightly directors trades column was the most popular. This week’s buyers were led by Seafarms Group (ASX:SFG) chairman Ian Traher, whose company is building a prawn farm that will produce 150,000 tonnes annually.
The company is targeting Asian export markets, believing consumers will turn away from wet markets and towards food that remained safe and clean throughout the supply chainhttps://t.co/mQdn6HyjGv $SFG
— Stockhead (@StockheadAU) July 5, 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.