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 is all about employment and unemployment: the Australia Bureau of Statistics will release data on rates of change in employment and unemployment across Australia.
The Reserve Bank of Australia will also will be releasing foreign exchange data today.
Just one company is due out of a trading halt today — Andromeda Metals (ASX:ADN), regarding a capital raise. Euro Manganese (ASX:EMN) has 330,186 shares coming out of escrow today.
Gold: $US1343.46 +0.07%
Silver: $US16.07 +0.13%
Oil (Brent): $US67.06 +0.66%
Oil (WTI): $US56.81 +0.81%
Coal: $US93.70 -0.21%
Iron ore 62% fe: $US88.53 -0.03%
AUD/USD: $US0.7168 +0.04%
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GetSwift (ASX:GSW) making a couple of acquisitions was of interest over the in the Stockhead Facebook Small Cap and Micro Cap Chat group, as was CCP Technologies (ASX:CT1), which had a remarkable rise yesterday after telling investors it would break even by June.
Over on stock gossip day trading forum HotCopper, these were the most-discussed stocks when the market closed on Wednesday:
— HotCopper (@HotCopper) February 20, 2019
4DS Memory (ASX:4DS) was one of the biggest movers at lunch, as it has completed analysis of 300mm memory wafers, with endurance analysis showing it can cycle its Interface Switching ReRAM memory cells into the millions of cycles.
All you need to know is that’s a first.
After dumping its CEO and COO two weeks ago, CCP Technologies (ASX:CT1) had some better news that sent its share price up a whopping 150 per cent.
The company reckons it will break even sometime after June thanks to cost cutting and “expanding contract development work”.
And the aforementioned 4DS Memory (ASX:4DS), which seasoned day traders will know regularly features amongst the most-traded companies each day, actually shifted 45 per cent up on its battery news, to 8.4c.
And Leigh Creek Energy (ASX:LCK) was still moving on news it can now produce commercial quantities of synthetic gas. It was up 26 per cent yesterday to 22c.
Beer brewer Broo (ASX:BEE) was yesterday’s biggest loser, dropping a third of its value from 6.6c a share to 4.4c. It had no news out, but got a speeding ticket on Monday after the company’s shares rose 122 per cent over the course of a week.
It replied it had no idea why this happened.
That’s all you need to know. Hop to it!