On Stockhead today, Oracle picks some ‘hidden COVID-19 winners’, ASX semiconductor stocks say their markets are primed to explode, and ASIC’s BNPL report passes muster without a whimper.
But first…
The day ahead
Today’s potentially market moving economic data is headlined by Australia’s quarterly Wage Price Index, which measures wage growth and is due out at 11.30am.
Also look out for monthly home sales and the Westpac/Melbourne Institute Leading Index as well as a speech by RBA Governor Phillip Lowe to The Australian’s Strategic Forum.
The following companies are in trading halts and are expected to exit in the next two trading days:
Wednesday:
Red Mountain Mining (ASX:RMX) – drill results
Sacgasco (ASX:SGC) – capital raising
Xstate Resources (ASX:XST) – capital raising
Oneview Healthcare (ASX:ONE) – capital raising
Thursday:
Primewest (ASX:PWG) – Vitalharvest acquisition response
Vitalharvest (ASX:VTH) – acquisition proposal update
Estrella Resources (ASX:ESR) – exploration update
Southern Cross Electrical Engineering (ASX:SXE) – acquisition
88 Energy (ASX:88E) – capital raising
E2 Metals (ASX:E2M) – capital raising
Integrated Payment Technologies (ASX:IP1) – merger transaction
Markets
Gold: $US1,886.43 ($2,582.71) (-0.11%)
Silver: $US24.55 ($33.61) (-0.81%)
Oil (WTI): $US41.44 (+0.27%)
Oil (Brent): $US43.88 (+0.14%)
Coal: $US63.25 (+0.75%)
Iron 62pc Fe: $US122.00 (+0.64%)
AUD/USD: $US0.7306 (-0.19%)
Bitcoin: $US17,666.15 (+5.03%)
What got you talking yesterday
Yesterday’s most popular story on Twitter was the latest prediction that lithium stocks are due for a re-rate.
But this time it was by one of Australia’s most prominent fund managers – Ausbil Investment Management – making the call.
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 10.20am each morning for our daily 10 at 10 column — a live summary of winners & losers at the opening bell.
Yesterday’s winners
Note: Stocks in yellow made market moving announcements yesterday
| CODE | COMPANY | PRICE | CHANGE % | VOLUME | MARKET CAP |
|---|---|---|---|---|---|
| AAP | Australian Agricultural Products | 0.035 | 150 | 1981533 | $ 4,266,034.75 |
| QFY | Quantify Tech | 0.003 | 50 | 27011196 | $ 4,017,099.49 |
| NVU | Nanoveu | 0.067 | 49 | 17615820 | $ 4,037,828.13 |
| ACP | Audalia Resources | 0.025 | 47 | 146039 | $ 11,426,315.25 |
| GLV | Global Oil & Gas | 0.013 | 44 | 13133740 | $ 5,882,620.75 |
| BSM | Bass Metals | 0.004 | 33 | 655000 | $ 11,981,027.21 |
| CCE | Carnegie Clean Energy | 0.002 | 33 | 2816690 | $ 16,712,178.68 |
| CLZ | Classic Minerals | 0.002 | 33 | 23460891 | $ 20,008,709.60 |
| 8IH | 8I Holdings | 0.17 | 31 | 168078 | $ 47,028,681.83 |
| MSL | MSL Solutions | 0.098 | 31 | 5891998 | $ 24,169,362.00 |
| SHK | Stone Resources | 0.08 | 29 | 3210478 | $ 51,835,329.90 |
| RHY | Rhythm Biosciences | 0.47 | 29 | 3076259 | $ 73,545,971.02 |
| KFE | Kogi Iron | 0.027 | 29 | 2172919 | $ 16,265,250.25 |
| GLN | Galan Lithium | 0.16 | 28 | 8626059 | $ 25,988,096.50 |
| AAU | Antilles Gold | 0.065 | 27 | 2200923 | $ 9,952,224.10 |
| WHK | Whitehawk Limited | 0.285 | 27 | 6151353 | $ 44,364,908.93 |
| 4DS | 4Ds Memory Limited | 0.145 | 26 | 27195244 | $ 150,729,750.89 |
| XTC | Xantippe Resources | 0.0025 | 25 | 1940000 | $ 8,149,128.80 |
| ATH | Alterity Therapeutics | 0.041 | 24 | 201048744 | $ 44,756,416.29 |
| ODA | Orcoda | 0.165 | 22 | 71422 | $ 15,665,201.82 |
Yesterday’s losers
| CODE | COMPANY | PRICE | CHANGE % | VOLUME | MARKET CAP |
|---|---|---|---|---|---|
| ECT | Env Clean Tech | 0.001 | -33 | 255000 | 14401549.18 |
| GLA | Gladiator Resources | 0.002 | -33 | 4006716 | 6983502.513 |
| CGN | Crater Gold Mining | 0.025 | -24 | 6797285 | 40507363.61 |
| AUQ | Alara Resources | 0.011 | -21 | 1621429 | 8888408.41 |
| QEM | QEM | 0.078 | -21 | 110000 | 9900000 |
| POW | Protean Energy | 0.012 | -20 | 7850884 | 5369539.68 |
| ROG | Red Sky Energy | 0.002 | -20 | 2345000 | 5115253.574 |
| VPR | Volt Power Group | 0.002 | -20 | 34152000 | 22923833.9 |
| SKN | Skin Elements | 0.05 | -19 | 20067817 | 20197593.18 |
| ACU | Acumentis Group | 0.125 | -19 | 538414 | 24130389.15 |
| AFW | Applyflow | 0.009 | -18 | 3424318 | 19871791.06 |
| CM8 | Crowd Media | 0.053 | -17 | 21491975 | 25251986.75 |
| MBK | Metal Bank | 0.01 | -17 | 19427389 | 14214099.65 |
| LCL | Los Cerros | 0.13 | -16 | 11473239 | 72523263.41 |
| BPH | BPH Energy | 0.037 | -16 | 19587688 | 24143314.76 |
| DDD | 3D Resources | 0.055 | -15 | 60390014 | 23499918.6 |
| SBR | Sabre Resources | 0.011 | -15 | 41542062 | 16258401.35 |
| FAU | First Au | 0.023 | -15 | 3373704 | 14528285.17 |
| EMN | Euromanganese | 0.355 | -14 | 8309211 | 63504440.84 |