Rise and Shine: What you need to know before the ASX opens
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Today’s potentially market moving economic data is led by Westpac’s Leading Index. It is an indicator of economic activity generally in Australia. Also Bloomberg will be releasing its monthly economic survey later today.
The following companies are in trading halts and are expected to exit in the next two trading days:
Lynas Corp (ASX:LYC) – capital raising
thedocyard (ASX:TDY) – capital raising
Enegex (ASX:ENX) – capital raising
Revasum (ASX:RVS) – senior management changes
Ardiden (ASX:ADV) – exploration permit status update
XTD (ASX:XTD) – capital raising
FBR (ASX:FBR) – capital raising
Medical Developments International (ASX:MVP) – EU distribution update
Spirit Telecom (ASX:ST1) – acquisition and capital raising
Mayur Resources (ASX:MRL) – mining lease application
Metals Australia (ASX:MLS) – capital raising
Flinders Mines (ASX:FMS) – BBI transaction
Sihayo Gold (ASX:SIH) – capital raising
Fenix Resources (ASX:FEX) – capital raising
Gold: $US1,990.95 ($2,748.79) (+0.27%)
Silver: $US27.21 ($37.57) (-0.68%)
Oil (WTI): $US42.53 (-0.84%)
Oil (Brent): $US45.30 (-0.82%)
Coal: $US53.60 (-0.33%)
Iron 62pc Fe: $US120.46 (+0.23%)
AUD/USD: $US0.7244 (+0.43%)
Bitcoin: $US12,033.93 (-2.52%)
This week we are beginning to see state by state pictures of how much superannuation has been raided. Our Twitter followers took a particular interest in Mike Cooper’s recap of Tasmania’s figures.
Around 79,000 Tasmanian workers have applied to access their super accounts early – equal to one in five, and super funds have paid out $586m to applicants in Tasmania to date. https://t.co/mOCHEgmdWT #ASX #ausbiz pic.twitter.com/0j4jj1Mq5O
— Stockhead (@StockheadAU) August 17, 2020
Also popular yesterday was Stockhead’s latest edition of RockTalk. This week’s panel discussed what was next for gold after it recently broke the $US2,000/oz barrier.
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.