Rise and Shine: What you need to know before the ASX opens
News
On Stockhead today, the stocks to buy when yields are rising, a nickel legend ready to rise, and is Chinese oil demand all it’s hyped to be?
But first…
After a packed schedule of economic updates and central bank announcements to start the month last week, this week’s schedule is a bit quieter.
Australia will get its dual monthly report card in the form of NAB’s business survey (Tuesday) and Westpac’s consumer confidence survey (Wednesday).
RBA governor Philip Lowe will also give a speech at 9am (EST) on Wednesday called ‘The Recovery, Investment and Monetary Policy’.
Then on Wednesday night the US will present inflation data for February, where Westpac says the impact of low base effects will see an “abrupt rise in annual growth”.
The following companies are in trading halts and are expected to exit over the next two trading days:
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
Tuesday:
Sacgasco (ASX:SGC) – drilling update
Xstate (ASX:XST) – drilling update
Ironbark Zinc (ASX:IBG) – capital raising
Matador Mining (ASX:MZZ) – court orders
Gold: $US1,700.91 ($2,211.24) (+0.22%)
Silver: $US25.24 ($32.81) (-0.25%)
Oil (WTI): $US66.26 (+3.81%)
Oil (Brent): $US69.53 (+4.18%)
Coal: $US81.50 (-0.37%)
Iron 62pc Fe: $US173.12 (-1.04%)
AUD/USD: $US0.7690 (+0.17%)
Bitcoin: $US49,958.60 (+2.74%)
Stockhead readers like to think outside the square, which means they took an immediate interest in why the metal in car exhausts is more valuable than gold and how to rack up 200,000 Frequent Flyer points in the middle of a global pandemic.
And on the stocks front, we dialled in on data services. The sector is led by Dicker Data (ASX:DDR), which now generates more than $2bn in annual revenue.
DDR shares have risen almost 6,000% since the company’s 2011 IPO, and there are a number of other ASX players looking to capitalise on the industry’s growth. Eddy Sunarto’s sector wrap is here.
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.
CODE | COMPANY | PRICE | WEEKLY RETURN % [INTRADAY FRI] | MARKET CAP |
---|---|---|---|---|
MCX | Mariner Corp | 0.09 | 150 | $ 4,324,789.98 |
GLE | GLG Corp | 0.29 | 142 | $ 21,489,000.00 |
ZEU | Zeus Resources | 0.05 | 85 | $ 5,224,350.00 |
AQC | Auspaccoal | 0.22 | 83 | $ 6,310,601.25 |
INV | Investsmart Group | 0.17 | 79 | $ 23,551,720.95 |
MAN | Mandrake Res | 0.145 | 73 | $ 46,843,876.24 |
TAS | Tasman Resources | 0.086 | 65 | $ 61,115,226.60 |
ATR | Astron Corp | 0.41 | 64 | $ 50,215,601.98 |
TOU | Tlou Energy | 0.074 | 54 | $ 34,663,136.57 |
VML | Vital Metals Limited | 0.07 | 52 | $ 176,529,845.05 |
ANL | Amani Gold | 0.0015 | 50 | $ 16,180,495.12 |
PBX | Pacific Bauxite | 0.003 | 50 | $ 1,189,842.10 |
CAQ | CAQ Holdings | 0.031 | 41 | $ 22,251,374.71 |
CAE | Cannindah Resources | 0.036 | 38 | $ 12,030,675.17 |
TPD | Talon Petroleum | 0.0055 | 38 | $ 26,758,947.63 |
VAN | Vango Mining | 0.074 | 37 | $ 57,865,236.86 |
ARC | Aust Rural Cap | 0.26 | 37 | $ 3,883,872.00 |
BRK | Brookside Energy | 0.015 | 36 | $ 23,120,420.30 |
AJL | AJ Lucas Group | 0.034 | 36 | $ 44,262,605.50 |
BAS | Bass Oil | 0.002 | 33 | $ 5,013,210.14 |
SKS | SKS Tech Group | 0.22 | 33 | $ 20,955,032.70 |
DCL | Domacom Limited | 0.08 | 31 | $ 21,711,360.79 |
TPC | TPC Consolidated | 2.71 | 29 | $ 30,827,911.23 |
WTL | Wt Financial Grp | 0.09 | 29 | $ 15,045,471.00 |
AVR | Anteris Technologies | 9.16 | 27 | $ 59,119,227.00 |
TMX | Terrain Minerals | 0.01 | 25 | $ 7,357,610.09 |
YPB | YPB Group | 0.0025 | 25 | $ 11,802,628.22 |
NMR | Native Mineral Resources | 0.31 | 24 | $ 9,364,387.50 |
RMI | Resource Mining Corp | 0.021 | 24 | $ 6,843,775.72 |
VBC | Verbrec Limited | 0.21 | 24 | $ 42,006,147.54 |
JYC | Joyce Corporation | 2.45 | 23 | $ 67,604,556.00 |
VIA | Viagold Rare Earth | 0.061 | 22 | $ 5,082,056.64 |
A1G | African Gold . | 0.23 | 21 | $ 20,943,304.12 |
FSG | Field Solu Hldgs | 0.088 | 21 | $ 46,969,059.54 |
CODE | COMPANY | PRICE | WEEKLY RETURN % [INTRADAY FRI] | MARKET CAP |
---|---|---|---|---|
CLZ | Classic Min | 0.001 | -50 | $ 17,556,867.35 |
AQS | Aquis Ent | 0.25 | -47 | $ 9,822,773.40 |
BPH | BPH Energy | 0.105 | -45 | $ 69,816,535.85 |
NXL | Nuix Limited | 5.04 | -44 | $ 1,681,715,408.20 |
SRZ | Stellar Resources | 0.021 | -42 | $ 17,107,531.17 |
TER | Terracom | 0.083 | -41 | $ 61,795,825.66 |
LCY | Legacy Iron Ore | 0.014 | -39 | $ 96,071,077.76 |
MXC | Mgc Pharmaceuticals | 0.061 | -36 | $ 156,016,581.42 |
BUY | Bounty Oil & Gas NL | 0.025 | -36 | $ 27,410,024.55 |
SBR | Sabre Resources | 0.0045 | -36 | $ 7,573,786.42 |
LME | Limeade, Inc. | 0.965 | -36 | $ 236,830,637.76 |
TML | Timah Resources | 0.052 | -35 | $ 4,768,102.30 |
TOM | Tomizone Limited | 0.002 | -33 | $ 850,401.35 |
CYQ | Cycliq Group | 0.002 | -33 | $ 5,759,231.41 |
CFO | Cfoam Limited | 0.022 | -33 | $ 11,876,812.68 |
APG | Austpac Resources NL | 0.001 | -33 | $ 3,165,662.96 |
ADO | Anteotech | 0.165 | -33 | $ 337,273,441.74 |
NVU | Nanoveu Limited | 0.044 | -32 | $ 8,130,720.26 |
BPM | BPM Minerals | 0.215 | -32 | $ 6,187,500.00 |
SUH | Southern Hem Min | 0.039 | -32 | $ 9,533,150.52 |
DTC | Damstra Holdings | 0.91 | -32 | $ 171,868,079.60 |
AOU | Auroch Minerals | 0.175 | -31 | $ 55,806,660.05 |
EMN | Euromanganese | 0.46 | -31 | $ 96,262,524.77 |
GED | Golden Deeps | 0.009 | -31 | $ 7,748,514.40 |
CCE | Carnegie Cln Energy | 0.0035 | -30 | $ 50,992,346.13 |
FRX | Flexiroam Limited | 0.042 | -30 | $ 23,530,410.41 |
VR1 | Vection Technologies | 0.081 | -30 | $ 79,199,621.85 |
PEN | Peninsula Energy | 0.1 | -29 | $ 98,268,678.75 |
NNG | Nexion Group | 0.23 | -29 | $ 14,317,628.85 |
ICI | Icandy Interactive | 0.1 | -29 | $ 62,631,436.89 |
KTE | K2 Energy | 0.038 | -28 | $ 12,026,286.04 |
CVV | Caravel Minerals | 0.14 | -28 | $ 53,884,496.52 |
CRO | Cirralto | 0.079 | -28 | $ 154,229,195.06 |
RCL | Readcloud | 0.4 | -28 | $ 49,693,371.42 |
CHK | Cohiba Min | 0.039 | -28 | $ 59,731,750.47 |
COB | Cobalt Blue | 0.365 | -28 | $ 95,671,286.10 |
TNT | Tesserent Limited | 0.235 | -28 | $ 250,404,800.00 |