Rise and Shine: What you need to know before the ASX opens

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On Stockhead today, where the top 50 small caps of 2018 are now, post-COVID-19 has fast tracked EVs from ‘golf carts’ to must haves and the BNPL run isn’t over yet, analysts see plenty more upside.

But first…

The day ahead

Today’s economic data includes the Australian Bureau of Statistics’ home and investor loan values for the month of May. Economists expect these values to drop further from April.

The following companies are in trading halts and are expected to exit in the next two trading days:

Thursday:

Afterpay (ASX:APT) – capital raising
Accelerate Resources (ASX:AX8) – capital raising
Xstate Resources (ASX:XST) – capital raising
Galena Mining (ASX:G1A) – capital raising
Estrella Resources (ASX:ESR) – potential asset disposal
LBT Innovations (ASX:LBT) – capital raising
Xped (ASX:XPE) – settlement agreement
Mali Lithium (ASX:MLL) – increase to mineral resources
Cellmid (ASX:CDY) – distribution agreement

Friday:

Victory Offices (ASX:VOL) – capital raising update
Ausgold (ASX:AUC) – exploration results
Chesser Resources (ASX:CHZ) – capital raising
RooLife Group (ASX:RLG) – operational update
Red Metal (ASX:RDM) – capital raising
Kleos Space (ASX:KSS) – capital raising

Markets

Gold: $US1,808.92 ($2,591.19) (+0.77%)

Silver: $US18.71 (+2.43%)

Oil (WTI): $US40.86 (+0.59%)

Oil (Brent): $US42.89 (+0.46%)

Coal: $US55.00 (-0.87%)

Iron 62pc Fe: $US103.04 (+1.48%)

AUD/USD: $US0.6983 (+0.52%)

Bitcoin: $US9,430.54 (+2.11%)

What got you talking yesterday

While many of the biggest surging gold stocks are explorers, the producers have had a solid 2020 as well.

Yesterday, a number of large and small cap gold producers either upped their guidance or revealed solid production figures.

Saracen has marked its seventh straight year meeting or exceeding its gold production guidance #asx #ausbiz #mining #gold $SAR $KLA $IGO $WAF https://t.co/yXQ8ZVmDcr

— Stockhead (@StockheadAU) July 8, 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.

Yesterday’s winners

Stocks highlighted in yellow have made market moving announcements yesterday

Yesterday’s losers

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