Rise and Shine: What you need to know before the ASX opens

On Stockhead today, who’s going to solve WA’s gas problem, 10 stocks that went 20-bag after Covid, and Australia’s first all-local pot merger.

But first…

The week ahead

Key events locally will kick off with the RBA board minutes from in March meeting on Tuesday (11:30am AEDT). CBA economist Belinda Allen said markets will on the lookout for “further commentary on bond yields and the 3-year bond yield target”.

Later in the week, all eyes will be on the February employment report on Thursday. Westpac says jobs data should get another boost from the reopening of the NSW economy, which will see the unemployment rate drop again to 6.3 per cent.

And the main event of the week will on Wednesday night when the US Federal Reserve convenes for its policy meeting.

“Of particular interest to market participants will be if more FOMC members project a higher Fed Funds rate in 2023 than (they did) in December,” Allen said.

Trading Halts

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

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

Tuesday:

King Island Scheelite (ASX:KIS) – capital raising
Story-I (ASX:SRY) – capital raising
Incannex Healthcare (ASX:IHL) – research program launch

Markets

Gold: $US1,726.57 ($2,226.33) (+0.30%)

Silver: $US25.90 ($33.40) (-0.69%)

Oil (WTI): $US65.55 (-0.71%)

Oil (Brent): $US69.18 (-0.65%)

Coal: $US85.70 (+2.45%)

Iron 62pc Fe: $US168.26 (-1.76%)

AUD/USD: $US0.7750 (+0.09%)

Bitcoin: $US59,682.43 (-2.13%)

What got you talking last week

Plenty of stuff, as usual. From construction technology to rising inflation, to which ASX medtech stocks will benefit from the global vaccine rollout and which will benefit from the ‘great reopening’.

But a Rise & Shine summary doesn’t do justice to Stockhead editor Peter Farhquhar’s weekly wrap of all the key articles that ASX investors really should be reading. Catch up 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.

Last week’s winners

Stocks highlighted in yellow made market moving announcements


CODE	COMPANY	WEEKLY RETURN %	LAST SHARE PRICE [INTRADAY FRI]	MARKET CAP
ONE	Oneview Healthcare	120	0.165	$ 31,823,031.68
ASO	Aston Minerals	109	0.073	$ 55,788,635.46
BRK	Brookside Energy	71	0.024	$ 34,680,630.45
CXM	Centrex Metals	63	0.067	$ 21,627,438.66
TPD	Talon Petroleum	60	0.008	$ 37,462,526.68
AVR	Anteris Technologies	50	13.5	$ 88,021,960.20
APG	Austpac Resources	50	0.003	$ 9,496,988.87
PBX	Pacific Bauxite	50	0.003	$ 1,189,842.10
VMG	VDM Group	50	0.003	$ 20,782,982.86
PSL	Paterson Resources	49	0.055	$ 16,802,928.19
AQC	Auspaccoal	44	0.18	$ 9,087,265.80
PH2	Pure Hydrogen Corp	42	0.355	$ 39,877,727.92
PRL	Province Resources	42	0.115	$ 102,107,177.40
AVW	Avira Resources	40	0.007	$ 8,250,240.00
DCL	Domacom	38	0.098	$ 29,967,793.77
CCE	Carnegie Clean Energy	38	0.055	$ 52,315,012.79
BD1	Bard1 Life Sciences	36	3.82	$ 290,182,101.99
DW8	Digital Wine Ventures	35	0.105	$ 166,329,930.30
CTT	Cettire	34	1.22	$ 425,080,615.30
RFX	Redflow	34	0.079	$ 86,447,279.95
BAS	Bass Oil	33	0.002	$ 6,684,280.19
MCT	Metalicity	33	0.016	$ 28,273,988.08
MRD	Mount Ridley Mines	33	0.004	$ 11,641,872.97
VPR	Volt Power Group	33	0.004	$ 36,678,134.23
SHE	Stonehorse Energy	33	0.028	$ 13,861,286.91
ALG	Ardent Leisure Grp	33	0.795	$ 364,576,572.16
HSN	Hansen Technologies	32	5.57	$ 1,081,345,208.52
VIA	Viagold Rare Earth	31	0.08	$ 6,664,992.32
AQS	Aquis Entertainment	29	0.355	$ 11,072,944.56
CAV	Carnavale Resources	29	0.009	$ 18,380,072.73
KP2	Kore Potash PLC	29	0.018	$ 4,719,218.65
TMK	Tamaska Oil Gas	29	0.009	$ 8,460,000.00
IVZ	Invictus Energy	28	0.105	$ 49,811,981.84
EXR	Elixir Energy	28	0.3	$ 214,649,488.55
LV1	Live Verdure	28	0.255	$ 10,006,812.75

Last week’s losers


CODE	COMPANY	WEEKLY RETURN %	LAST SHARE PRICE [INTRADAY FRI]	MARKET CAP
CHK	Cohiba Minerals	-60	0.017	$ 23,637,875.30
OXX	Octanex	-40	0.015	$ 3,642,357.60
MEM	Memphasys	-38	0.06	$ 45,586,432.80
TOM	Tomizone	-33	0.002	$ 850,401.35
TAS	Tasman Resources	-28	0.072	$ 47,058,724.48
PCL	Pancontinental Oil	-25	0.0015	$ 9,010,073.23
PCH	Property Connect	-25	0.0015	$ 1,028,795.21
MAG	Magmatic Resources	-25	0.105	$ 19,296,113.87
TMH	The Market Herald	-25	0.45	$ 85,712,677.65
GAL	Galileo Mining	-25	0.255	$ 34,344,289.20
MHI	Merchant House	-23	0.046	$ 4,336,258.82
ARC	Aust Rural Cap	-23	0.23	$ 3,424,280.48
FZR	Fitzroy River Corp	-23	0.12	$ 14,897,353.84
ATR	Astron Corp	-22	0.32	$ 39,192,664.96
AJL	AJ Lucas Group	-22	0.029	$ 35,888,599.05
BLY	Boart Longyear	-21	0.48	$ 42,485,664.00
BMG	BMG Resources	-21	0.068	$ 16,799,416.06
FFR	Firefly Resources	-21	0.115	$ 34,619,546.18
AER	Aeeris	-20	0.096	$ 5,757,490.37
CYQ	Cycliq Group	-20	0.002	$ 4,607,385.13
NCR	Nucoal Resources	-20	0.008	$ 6,917,511.19
EZZ	EZZ Life Science	-20	0.82	$ 10,440,000.00
CAE	Cannindah Resources	-19	0.034	$ 10,473,654.00
CI1	Credit Intelligence	-18	0.04	$ 58,073,000.19
FMS	Flinders Mines	-18	1.3	$ 235,543,764.92
ESR	Estrella Resources	-18	0.059	$ 53,575,642.72
CAP	Carpentaria Resources	-18	0.033	$ 10,201,373.59
SFM	Santa Fe Minerals	-17	0.095	$ 6,917,784.96
SUP	Superior Lake Resources	-17	0.145	$ 26,289,784.80
8VI	8Vi Holdings	-17	2.25	$ 87,713,774.64
NMR	Native Mineral Resources	-17	0.27	$ 7,779,645.00