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

On Stockhead today, what happened to the 50 hottest ASX small cap stocks of 2017? BNPL stocks, tech bubble 2.0 and the post-COVID rally, and US FDA approval is on the agenda for these five small caps.

But first…

The day ahead

Key local data today will be led by preliminary retail sales figures for June, where Westpac says leading indicators suggest a consolidation of the big rebound in May.

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

Wednesday

Prescient Therapeutics (ASX:PTX) – collaboration
Perpetual Resources (ASX:PEC) – exploration results
Agrimin (ASX:AMN) – DFS results
Delecta (ASX:DLC) – sampling results
Zenith Energy (ASX:ZEN) – acquisition update
Zelira Therapeutics (ASX:ZLD) – licensing agreement
Ultima United (ASX:UUL) – board changes

Thursday:

Rhythm Biosciences (ASX:RHY) – capital raising
BPH Energy (ASX:BPH) – capital raising
Downer EDI (ASX:DOW) – capital raising

Markets

Gold: $US1,840.45 ($2,590.10) (+1.24%)

Silver: $US21.12 (+6.24%)

Oil (WTI): $US41.81 (+2.45%)

Oil (Brent): $US44.19 (+2.13%)

Coal: $US53.97 (+0.35%)

Iron 62pc Fe: $US107.18 (-0.04%)

AUD/USD: $US0.7121 (+1.50%)

Bitcoin: $US9,363.75 (+2.19%)

What got you talking yesterday

Readers took an interest in Nick Sundich’s wrap of stocks which have outperformed in the post-COVID rally since markets bottomed on March 23, including six companies that have returned a gain of more than 1,000 per cent.

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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

Yesterday’s losers