Rise and Shine: What you need to know before the ASX opens
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But first, here’s what you need to know right now:
Today will see investment lending data for February from the Australian Bureau of Statistics and consumer inflation expectations for April from the Melbourne Institute.
Micro investing app Raiz Invest (ASX:RZI) has 18.4 million shares coming out of escrow today.
And there are nine companies due out of a trading halt in the next 48 hours.
Gold: $US1,305.40 ($1,820.25) +0.28%
Silver: $US15.17 -0.10%
Oil (Brent): $US71.69 +1.35%
Oil (WTI): $US64.54 +0.75%
Coal: $US84.58 +1.74%
Iron ore 62% fe: $US92.72 -0.97%
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Member Mel Culley:
“Cannabis is coming like it or not, Canberra is about to legalise cannabis for personal use once it sorts out federal law and current drug/alcohol/medical testing criteria (family in the big house) this will flow country wide as it is around the world at present, medicinal benefits grow everyday with testing, more licences are being granted, hemp same plant no THC will grow to levels it was back in the 1800s early 1900s before the puppet masters put a stop to it, the major pharmaceutical companies are doing the best to buy everything or be involved with everything out there, where’s there’s pharmas there’s cash 😉”
These were the five most-discussed stocks on trading gossip forum HotCopper at close on Wednesday:
— HotCopper (@HotCopper) April 10, 2019
New Age Explorations (ASX:NAE) rose 40 per cent to 0.7c on news it had been granted an exploration licence, conditional mining licence and option by The Coal Authority over an area of 66.5 square kilometres adjoining its existing Lochinvar licence in New South Wales.
Invigor (ASX:IVO) was up there yesterday, rising 33 per cent to 0.4c after securing a WeChat Pay marketing deal with luxury Asian retailer Club 21.
Invigor will integrate its ad and loyalty tech into WeChat Pay, targeting predominantly Chinese tourists, who’ll redeem offers when they shop at Club 21 stores in Singapore.
HR tech smallcap intelliHR (ASX:IHR) had a great day, up 32 per cent to 14.5c after reporting global annual recurring revenue in excess of $1 million thanks to increased sales in New Zealand.
Avita Medical (ASX:AVH) dropped 30 per cent to 14c today, though it had no news.
That’s all you need to know. Go go go!