Rise and Shine: What you need to know before the ASX opens
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Today at 11.30am, second-quarter GDP figures will be released and are almost certain to confirm Australia is in its first recession in three decades. Economists surveyed last week expect a 6 per cent drop.
The following companies are in trading halts and are expected out in the next two trading days:
Corum Group (ASX:COO) – capital raising
Challenger Exploration (ASX:CEL) – assay results
Technology Metals (ASX:TMT) – tenure update
Taruga Minerals (ASX:TAR) – capital raising
Toro Energy (ASX:TOE) – assay results
Jayex Healthcare (ASX:JHL) – capital raising
Corizon Resources (ASX:CZR) – drilling results
The Environmental Group (ASX:EGL) – capital raising
King Island Scheelite (ASX:KIS) – offtake agreement
PayGroup (ASX:PYG) – capital raising
Matsa Resources (ASX:MAT) – capital raising
Gold: $US1,970.85 ($2,673.06) (+0.06%)
Silver: $US28.15 ($38.18) (+0.37%)
Oil (WTI): $US42.99 (+0.89%)
Oil (Brent): $US45.82 (+1.19%)
Coal: $US53.90 (-0.19%)
Iron 62pc Fe: $US122.53 (+0.07%)
AUD/USD: $US0.7374 (-0.03%)
Bitcoin: $US12,023.27 (+2.78%)
Yesterday’s most popular article on Twitter was news out of AssetOwl (ASX:AO1) which reported it is still seeing hot demand for its real estate management and inspection platform.
Assetowl (ASX:AO1) told investors today two more real estate agencies, based in Western Australia, had signed on to use its inspector360 tech https://t.co/1zapKzzBH9
— Stockhead (@StockheadAU) September 1, 2020
Another popular article yesterday was Derek Rose’s recap of the ASX biotechs involved in the fight against COVID-19.
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.