On Stockhead today, looking at the BNPL ‘bubble’, peak oil may now hit in 2028, and silver can be printed on human skin as circuitry.
But first…
The day ahead
The biggest event today will be the US elections for the presidency as well as US Congress. Results will start flowing through across the afternoon with the first polls closing at 10am (AEDT).
The race will really heat up from 11am and 11.30am as polls close in the first critical states including Florida, Ohio and Pennsylvania. In 2016, we had a fair idea of what was about to happen by 5pm, but the huge number of postal votes this time around could delay the final result by days or even weeks.
Potentially market moving economic data in Australia today includes monthly and quarterly retail sales figures and AIG’s Construction Index.
The following companies are in trading halts and are expected to exit in the next couple of trading days:
Wednesday:
Marmota (ASX:MEU) – drilling results
Rumble Resources (ASX:RTR) – exploration results
Australian Potash (ASX:APC) – capital raising
SportsHero (ASX:SHO) – capital raising
Australian Pacific Coal (ASX:APQ) – modification 7 application update
Thursday:
Micro-X (ASX:MX1) – funding award
Iron Road (ASX:IRD) – capital raising
Incannex Healthcare (ASX:IHL) – ARDS animal trial results
Recce Pharmaceuticals (ASX:RCE) – anti-viral testing results
Ionic Rare Earths (ASX:IXR) – drilling results
Santana Minerals (ASX:SMI) – capital raising
Markets
Gold: $US1,907.05 ($2,670.56) (+0.63%)
Silver: $US24.12 ($33.78) (+0.32%)
Oil (WTI): $US37.76 (+2.58%)
Oil (Brent): $US39.78 (+2.08%)
Coal: $US61.55 (+0.57%)
Iron 62pc Fe: $US116.47 (-1.04%)
AUD/USD: $US0.7141 (+1.22%)
Bitcoin: $US13,751.54 (+1.15%)
What got you talking yesterday
This week it’s been all about the US election and what it might mean for markets. On Twitter it was about how an election result (or the lack of one) could have an impact on gold prices.
Another popular article was from Sam Jacobs’ who wrote about how UBS think the Senate race could be just as critical as the presidency and why.
To keep up to date with Stockhead coverage, follow our Twitter page or sign up to our members-only Facebook group here.
Also, be sure to check in at 10.15am each day for our daily 10 at 10 column — a summary of the top winners & losers at the ASX opening using live data.
Yesterday’s winners
Code | Company | Price | % | Volume |
---|---|---|---|---|
ANL | Amani Gold Ltd | 0.0015 | 50 | 200776188 |
AOU | Auroch Minerals Ltd | 0.195 | 34 | 7957596 |
NPM | Newpeak Metals | 0.004 | 33 | 450000 |
AGE | Alligator Energy | 0.005 | 25 | 100000 |
ARO | Astro Resources NL | 0.005 | 25 | 12047977 |
AUH | Austchina Holdings | 0.005 | 25 | 4746071 |
ELT | Elementos Limited | 0.005 | 25 | 3521480 |
IKW | Ikwezi Mining Ltd | 0.005 | 25 | 560973 |
VAL | Valor Resources Ltd | 0.005 | 25 | 675755 |
RGL | Riversgold | 0.048 | 23 | 2345059 |
ATP | Atlas Pearls Ltd | 0.011 | 22 | 1306036 |
TMK | Tamaska Oil Gas Ltd | 0.006 | 20 | 1830841 |
WCN | White Cliff Min Ltd | 0.031 | 19 | 52746073 |
GLH | Global Health Ltd | 0.46 | 18 | 15198 |
OKJ | Oakajee Corp Ltd | 0.048 | 17 | 10500 |
BAR | Barra Resources | 0.035 | 17 | 4604682 |
SVD | Scandivanadium Ltd | 0.014 | 17 | 1475721 |
VRS | Veris Ltd | 0.064 | 16 | 540999 |
TAO | TAO Commodities | 0.29 | 16 | 181140 |
COS | Cosol Limited | 0.67 | 16 | 19387 |
Yesterday’s losers
Code | Company | Price | % | Volume |
---|---|---|---|---|
BAS | Bass Oil Ltd | 0.001 | -33 | 1000000 |
CLZ | Classic Min Ltd | 0.001 | -33 | 27997525 |
XTC | Xantippe Res Ltd | 0.002 | -33 | 599999 |
ISD | Isentia Group Ltd | 0.125 | -32 | 5971015 |
TEG | Triangle Energy Ltd | 0.023 | -28 | 18801268 |
AYM | Australia United Min | 0.008 | -27 | 3041133 |
QFY | Quantify Tech Ltd | 0.0015 | -25 | 2795250 |
XPE | Xped Limited | 0.0015 | -25 | 2709445 |
BXN | Bioxyne Ltd | 0.012 | -20 | 67750 |
SRH | Saferoads Holdings | 0.205 | -18 | 178 |
CGB | Cann Global Limited | 0.005 | -17 | 6160856 |
CYQ | Cycliq Group Ltd | 0.0025 | -17 | 1076682 |
WNB | Wellness and Beauty | 0.005 | -17 | 8460301 |
ADY | Admiralty Resources. | 0.011 | -15 | 331500 |
QXR | Qx Resources Limited | 0.017 | -15 | 1902698 |
DDD | 3D Resources Limited | 0.006 | -14 | 13315750 |
TYX | Tyranna Res Ltd | 0.006 | -14 | 4823215 |
BLG | Bluglass Limited | 0.091 | -13 | 1398455 |
ICN | Icon Energy Limited | 0.02 | -13 | 350405 |
DDT | DataDot Technology | 0.007 | -13 | 432000 |
PWN | Parkway Minls NL | 0.0105 | -13 | 3725798 |