On Stockhead today, ASX contech stocks ready for the boom, is gold on the rebound, and a new ETF for a greener planet.

But first…

 

The day ahead

The All Ordinaries index finished Thursday in the green, just, with the broad market index up a mere 5.7 points at 6,952.

Airline stocks like Qantas Airways (ASX:QAN) and Regional Express (ASX:REX) and travel operator Flight Centre Travel Group (ASX:FLT) did well.

The Australian government’s $1.2bn subsidy to fund the domestic tourism sector, allowing airlines to offer 800,000 cheap flights, may have provided a boost.

The broad index of Australian shares has hugged the 7,000 points level since early December and is waiting for a breakout like its American cousins.

Speaking of which, the Dow Jones Industrial Average nudged to a new record of 32,297 points overnight, marking a rise of 1.5 per cent from Wednesday.

The Nasdaq index for tech stocks like Tesla was marginally in the red Wednesday at 13,068, down 5 points on day.

US 10-year Treasury bond yields were steady at 1.5 per cent in Thursday trade before US markets opened.

 

TRADING HALTS

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

 

Friday:

Aldoro Resources (ASX:ARN) – FLTEM survey
Hexagon Energy (ASX:HXG) – change to nature of activities
Jindalee Resources (ASX:JRL) – final assay results from drilling program

 

Monday:

MetalsTech (ASX:MTC) – spin out of assets
Credit Intelligence (ASX:CI1) – capital raising
Xstate Resources (ASX:XST) – drilling update
Sacgasco (ASX:SGC) – drilling update
Accent Resources (ASX:ACS) – ASX query
Theta Gold Mines (ASX:TGM) – capital raising
EQ Resources (ASX:EQR) – capital raising
ECS Botanics (ASX:ECS) – capital raising
Vortiv (ASX:VOR) – capital return

 

 

MARKETS

Gold: $US1,722.82 ($2,210.91) (-0.19%)

Silver: $US26.12 ($33.52) (-0.18%)

Oil (WTI): $US66.09 (+2.56%)

Oil (Brent): $US69.71 (+2.67%)

Coal: $US83.75 (+1.60%)

Iron 62pc Fe: $US171.28 (+1.69%)

AUD/USD: $US0.7790 (+0.73%)

Bitcoin: $US57,217.65 (+1.67%)

 

What got you talking yesterday

Stockhead readers were eager to learn more about the direction of cryptocurrencies as the sector’s king moved closer to $US60,000 while other coins went backwards.
Rise and Shine

And, iron ore’s unrelenting supply tightness is drawing new producers to the market including several new entrants in the past months like Fenix Resources and GWR Group.
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.

 

Yesterday’s winners

Stocks highlighted in yellow made market moving announcements
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Yesterday’s losers

Stocks highlighted in yellow made market moving announcements
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