On Stockhead today, is Australia on top of this hydrogen thing, the most in-demand ASX stocks right now, and is there a sting in the Chimeric Therapeutics tale?

But first…

 

The day ahead

The All Ordinaries index of ASX shares had a weak finish to the trading week, closing Friday at 7,081 points, and down 0.5 per cent for the day.

Many markets in Asia were closed for the Lunar New Year or Spring festival holiday that carries on into the week of February 15.

Oil prices rebounded over the week to reach $US58.25 per barrel, a rise of 20 per cent since January 1.

Leading cryptocurrency Bitcoin blazed a trail last week, with its Australian dollar price surging past $60,000 for the first time.

Cryptocurrency analysts suggest the digital currency is headed higher as more and more companies climb on board and allow payment in cryptocurrency.

“Major payments provider Mastercard announced it will support digital assets directly via its own network, signalling yet another milestone for the industry,” eToro crypto market expert Simon Peters said.

“Bitcoin and its peers are, quite simply, going to be part of the mainstream financial universe sooner rather than later,” he said.

And added: “I expect demand to surge and see Bitcoin prices hitting at least $70,000 by the end of this year.”

 

TRADING HALTS

The following companies are in trading halts and are expected to exit over the next two trading days:

 

MONDAY

Silver Mines (ASX:SVL) – capital raising
Consolidated Zinc (ASX:CZL) – capital raising
Nearmap (ASX:NEA) – short seller response

 

TUESDAY 

EMU (ASX:EMU) – capital raising

Tali Digital (ASX:TD1) – capital raising

Xplore Wealth (ASX:XPL) – shareholder meeting

Northern Minerals (ASX:NTU) – capital raising

Incannex Healthcare (ASX:IHL) – pre-clinical results

 

MARKETS

Gold: $US1,823.79 ($2,352.56) (-1.00%)

Silver: $US26.99 ($34.82) (0.00%)

Oil (WTI): $US57.91 (-1.31%)

Oil (Brent): $US60.82 (-1.06%)

Coal: $US81.50 (-0.49%)

Iron 62pc Fe: $US160.08 (+0.21%)

AUD/USD: $US0.7752 (+0.40%)

Bitcoin: $US48,204.31 (+7.07%)

 

What got you talking Friday

Stockhead readers were keen to know more about Singular Health Group’s (ASX:SHG) shares float on the ASX and what it means for the medical imaging sector.

Rise and Shine

Another story that caught readers’ interest was Reuben Adams’ story on how to build your own portfolio of ASX lithium stocks.

Rise and Shine
 

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Also, be sure to check in at 10.20am each day for our daily 10 at 10 column — a live summary of winners & losers at the opening bell.

 

Friday’s winners

Stocks highlighted in yellow made market moving announcements
CODE NAME PRICE % CHANGE VOLUME
SHG Singular Health 0.38 90 8,281,559
TKL Traka Resources 0.027 59 44,153,853
IOU Ioupay Limited 0.44 54 222,495,364
ANW Aus Tin Mining 0.0015 50 30,400,000
CLZ Classic Min Ltd 0.0015 50 2,940,000
DOU Douugh Limited 0.25 47 44,361,981
TTA TTA Holdings Ltd 0.022 47 40,000
MXC Mgc Pharmaceuticals 0.065 38 143,817,940
ACS Accent Resources NL 0.06 36 76,333
FFT Future First Tech 0.076 29 3,092,851
FGO Fargo Enterprises 0.005 25 28,764,321
MLS Metals Australia 0.0025 25 10,413,903
SI6 SI6 Metals Limited 0.021 24 53,471,197
1ST 1St Group Ltd 0.037 23 5,330,006
FFG Fatfish Group 0.053 23 85,555,612
CE1 Calima Energy 0.011 22 9,924,656
SGC Sacgasco Ltd 0.11 22 29,413,710
SRN Surefire Rescs NL 0.029 21 38,183,891
KIS King Island 0.26 18 7,860,282
COY Coppermoly Limited 0.02 18 4,264,947
CLT Cellnet Group 0.135 17 1,701,663
CL8 Carly Holdings Ltd 0.175 17 20,000

 

Friday’s losers

Stocks highlighted in yellow made market moving announcements
Code Company Price % Volume
PCL Pancontinental Oil 0.001 -50 546,001
CCE Carnegie Cln Energy 0.002 -33 26,168,217
WML Woomera Mining Ltd 0.024 -27 11,316,215
AWJ Auric Mining 0.19 -24 4,168,834
GGX Gas2Grid Limited 0.01 -23 27,165,835
MSV Mitchell Services 0.455 -20 4,600,505
XPE Xped Limited 0.002 -20 164,750
88E 88 Energy Ltd 0.009 -18 111,979,983
MPR Mpower Group Limited 0.095 -17 828,601
A3D Aurora Labs Limited 0.175 -17 4,154,532
MGL Magontec Limited 0.015 -17 851,234
GMR Golden Rim Resources 0.011 -15 23,563,706
DOR Doriemus PLC 0.039 -15 11,265
AFW Applyflow Limited 0.009 -14 3,877,910
AGY Argosy Minerals Ltd 0.15 -14 17,504,221
IRD Iron Road Ltd 0.3 -14 76,758
AZI Alta Zinc Ltd 0.006 -14 15,332,931
MRD Mount Ridley Mines 0.003 -14 2,358,810
AWN AWN Holdings Limited 1.2 -14 86,017
RMI Resource Mining Corp 0.019 -14 178,709
CVV Caravel Minerals Ltd 0.14 -13 280,311