Rise and Shine: What you need to know before the ASX opens
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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.
The following companies are in trading halts and are expected to exit over the next two trading days:
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
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%)
Stockhead readers wanted to learn more about how central bank forecasts are relevant to investment strategy in this article by Stockhead journalist Sam Jacobs.
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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.