On Stockhead today, the metals more precious than gold inside your car, exploration spending in Australia is through the roof, and the hottest ETFs in Australia right now.

But first…

 

The day ahead

The All Ordinaries index teetered on the brink of 7,000 points at the close of Thursday trade after losing nearly 1 per cent.

There was a large sell-off in US stocks overnight, as the tech heavy Nasdaq index dropped 2.7 per cent to its lowest point since early January.

The Nasdaq market’s pullback means the index is only 1 per cent up since the start of the year, having nearly erased all of its gains since January.

The US 10-year Treasury bond was yielding 1.48 per cent Thursday having ticked slightly higher.

Stock pickers will be nervously watching the US markets’ Thursday trading session.

 

TRADING HALTS

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

Friday:

Credit Intelligence (ASX:CI1) – capital raising
ioneer (ASX:INR) – capital raising
Kula Gold (ASX:KGD) – capital raising

Monday:

Elixinol (ASX:EXL) – potential transaction
Noronex (ASX:NRX) – JORC estimate
Dart Mining (ASX:DTM) – drilling results
Tasman Resources (ASX:TAS) – drilling update
BPH Energy (ASX:BPH) – price query

 

 

MARKETS

Gold: $US1,697.36 ($2,198.05) (-0.79%)

Silver: $US25.32 ($32.80) (-2.93%)

Oil (WTI): $US64.13 (+4.65%)

Oil (Brent): $US67.06 (+4.68%)

Coal: $US83.90 (-0.59%)

Iron 62pc Fe: $US174.94 (+0.47%)

AUD/USD: $US0.7792 (-0.40%)

Bitcoin: $US48,150.54 (-5.79%)

 

What got you talking yesterday

Stockhead readers liked Nick Sundich’s story on how he managed to earn loads of Qantas frequent flyer points while many of its aircraft were grounded for COVID.

Rise and Shine

 

Readers also liked Reuben Adams’ analysis of the top winning stocks in February, including his tribute to Stanley Kubrick’s The Shining starring Jack Nicholson.

Rise and Shine

 

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 day for our daily 10 at 10 column — a live summary of winners & losers at the opening bell.

 

Yesterday’s winners

Stocks highlighted in yellow made market moving announcements
Code Company Price % Volume MktCap
TAS Tasman Resources Ltd 0.1 85 29,262,455 $33,002,222
DTR Dateline Resources 0.003 50 8,078,297 $16,420,156
VMY Vimy Resources Ltd 0.13 37 21,422,025 $73,973,372
ARC Aust Rural Cap Ltd 0.3 36 117,186 $2,848,173
BEM Blackearth Minerals 0.15 25 31,415,777 $20,139,298
CYQ Cycliq Group Ltd 0.0025 25 520,000 $4,607,385
VIA Viagold Rare Earth 0.061 22 71,050 $4,165,620
MAN Mandrake Res Ltd 0.14 22 11,184,590 $38,478,898
ZEU Zeus Resources Ltd 0.029 21 708,922 $4,323,600
RFR Rafaella Resources 0.1 16 3,264,988 $10,999,879
SCL Schrole Group Ltd 0.015 15 14,565,324 $19,151,389
KEY KEY Petroleum 0.004 14 1,149,428 $6,887,748
DME Dome Gold Mines Ltd 0.16 14 1,000 $41,665,555
NML Navarre Minerals Ltd 0.16 14 1,399,109 $76,319,901
LIN Lindian Resources 0.024 14 8,971,743 $15,028,982
PKO Peako Limited 0.025 14 1,900 $4,225,192
EM2 Eagle Mountain 0.55 13 1,447,991 $87,541,125
FNT Frontier Resources 0.017 13 3,462,322 $7,336,529
A1M Aic Mines Ltd 0.35 13 155,999 $21,301,656
GMR Golden Rim Resources 0.009 13 320,271 $20,234,353
OZM Ozaurum Resources 0.19 12 235,625 $8,843,400

 

Yesterday’s losers

Stocks highlighted in yellow made market moving announcements
Code Company Price % Volume MktCap
BPH BPH Energy Ltd 105 -36 61,807,138 $109,653,989
CCE Carnegie Cln Energy 0.004 -33 368,031,548 $76,488,519
CLZ Classic Min Ltd 0.001 -33 79,224,241 $26,335,301
NCL Netccentric Ltd 0.205 -31 2,986,987 $77,437,500
BUY Bounty Oil & Gas NL 0.025 -26 40,229,267 $37,277,633
MRD Mount Ridley Mines 0.003 -25 325,000 $15,522,497
CAE Cannindah Resources 0.042 -24 2,646,685 $15,754,456
WTL WT Financial Grp Ltd 0.09 -22 42,508 $19,224,769
GTG Genetic Technologies 0.0095 -21 41,138,400 $108,170,721
BNO Bionomics Limited 0.26 -20 2,273,786 $274,798,771
KTE K2 Energy Ltd 0.04 -20 3,095,691 $15,032,858
AMD Arrow Minerals 0.008 -20 7,164,135 $13,323,818
CBY Canterbury Resources 0.105 -19 304,641 $11,441,949
4CE Force Com Ltd 0.017 -19 10,782,355 $21,396,918
FRX Flexiroam Limited 0.047 -19 15,536,107 $29,037,528
HCD Hydrocarbon Dynamic 0.018 -18 1,107,431 $9,686,382
MRL Mayur Resources Ltd 0.3 -18 74,639 $71,178,535
VR1 Vection Technologies 0.082 -17 17,715,750 $95,619,056
GLE GLG Corp Ltd 0.29 -17 45,070 $25,935,000
KFE Kogi Iron Ltd 0.015 -17 5,503,478 $15,224,143
AZI Alta Zinc Ltd 0.005 -17 28,567,330 $21,664,195