On Stockhead today, is it time to buy some Bellevue, how invest in forex markets, and why Craig Burton is still big on oil.

But first…

 

The day ahead

The All Ordinaries index finished Wednesday’s trading session at 7,048, down 31 points from Tuesday. Communications and technology sectors edged higher.

The broad index of Australian shares has been stuck in a sideways range since mid-December that has kept the All Ords index trading around 7,000 points.

The Dow Jones Industrial Average is pushing ahead of its record high of 32,953 points reached on Monday.

The Nasdaq index for tech stocks like Tesla peaked at an all-time high of 14,000 points in mid-February, and is slightly down on Tuesday’s week-high of 13,471 points.

US 10-year Treasury bond yields inched up to 1.63 per cent in Wednesday 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:

 

Thursday

Helios Energy (ASX:HE8) – s.708A(5)(e) breach verification
Armour Energy (ASX:AJQ) – capital raising
Minotaur Exploration (ASX:MEP) – market update
Australian Pacific Coal (ASX:AQC) – capital raising
Adherium (ASX:ADR) – capital raising
Strandline Resources (ASX:STA) – project financing
Andromeda Metals (ASX:ADN) – market update

 

Friday

Medlab Clinical (ASX:MDC) – capital raising
Vital Metals (ASX:VML) – capital raising
Paladin Energy (ASX:PDN) – capital raising
Jaxsta (ASX:JXT) – capital raising
Calix (ASX:CXL) – capital raising

 

 

MARKETS

Gold: $US1,744.87 ($2,236.48) (+0.80%)

Silver: $US26.31 ($33.72) (+1.35%)

Oil (WTI): $US64.54 (-0.40%)

Oil (Brent): $US67.97 (-0.61%)

Coal: $US86.30 (+0.70%)

Iron 62pc Fe: $US168.21 (-0.03%)

AUD/USD: $US0.7801 (+0.75%)

Bitcoin: $US58,180.79 (+3.36%)

 

What got you talking yesterday

Stockhead readers wanted to learn more about how central bank forecasts are relevant to investment strategy in this article by Stockhead journalist Sam Jacobs.

Rise and Shine

Readers also enjoyed reading about VW’s Power Day, an event similar to Tesla’s annual Battery Day event, where the automaker unveiled its latest strategy on EV battery technology.

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

 

Yesterday’s losers

Stocks highlighted in yellow made market moving announcements