On Stockhead today, the return-to-work stocks primed for when the JobKeeper taps are turned off, why cannabis M&A activity in Australia is only just getting started, and three tips on investing from an eToro stocks maestro.

But first…

 

The day ahead

The All Ordinaries index closed Thursday down 44 points at 7,003 led lower by the banking and mining sectors.

The broad index of Australian shares is still off from its mid-February peak of 7,190 points.

Australian government 10-year bonds were yielding 1.79 per cent Thursday, their highest for two years and acted as a drag on stock market performance.

Traders were talking about the US Federal Reserve’s hint-dropping that interest rates in the US will stay at their near zero level for another two years.

The US central bank is predicting that the US economy will grow by 6.5 per cent this year and by 3.3 per cent next.

 

TRADING HALTS

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

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

Monday 

Spacetalk (ASX:SPA) – customer contract
Galan Lithium (ASX:GLN) – laboratory test results
HGL (ASX:HNG) – capital raising
Pure Hydrogen (ASX:PH2) – capital raising
Great Northern Minerals (ASX:GNM) – capital raising
Manhattan Corporation (ASX:MHC) – capital raising
Queensland Pacific Metals (ASX:QPM) – capital raising
Euro Manganese (ASX:EMN)spirit  – capital raising

 

 

MARKETS

Gold: $US1,734.42 ($2,234.93) (-0.57%)

Silver: $US26.00 ($33.50) (-1.27%)

Oil (WTI): $US60.04 (-7.06%)

Oil (Brent): $US63.29 (-6.93%)

Coal: $US88.00 (+1.18%)

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

AUD/USD: $US0.7761 (-0.43%)

Bitcoin: $US57,897.61 (+0.35%)

 

What got you talking yesterday

Stockhead readers were intrigued by Nick Sundich’s article on how medicinal cannabis products can help patients to recover from the lingering aspects of COVID-19.

Rise and Shine

Readers also enjoyed reading about the latest price movements in gold and silver and the role played in the precious metals markets by bond yields and economic stimulus packages.

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
Code Company Price % Volume
FRB Firebird Metals 0.595 198 9,535,580
IDZ Indoor Skydive Aust 0.024 71 157,271,211
XPE Xped Limited 0.0025 67 14,685,527
ANW Aus Tin Mining 0.0015 50 11,089,999
ECT Env Clean Tech Ltd. 0.0015 50 7,500,000
SYA Sayona Mining Ltd 0.043 34 247,403,187
CLZ Classic Min Ltd 0.002 33 4,449,000
QUE Queste Communication 0.04 33 19,497
PVL Powerhouse Ven Ltd 0.15 30 1,345,935
MGT Magnetite Mines 0.043 30 71,308,469
OEQ Orion Equities 0.2 29 39,479
EMT Emetals Limited 0.033 27 6,299,534
ENV Enova Mining Limited 0.035 25 193,414
MLS Metals Australia 0.0025 25 550,000
UUV UUV Aquabotix Ltd 0.0025 25 250,000
THR Thor Mining PLC 0.016 23 16,617,697
OAR OAR Resources Ltd 0.017 21 15,499,903
CPH Creso Pharma Ltd 0.23 21 37,474,429
PAB Patrys Limited 0.029 21 14,330,445
NPM Newpeak Metals 0.003 20 123,757,758
GO2 Thego2People 0.031 19 154,170

 

Yesterday’s losers

Stocks highlighted in yellow made market moving announcements
Code Company Price % Volume
ECT Env Clean Technologies 0.001 -33 7,941,648
XPE Xped Limited 0.0015 -25 1,209,049
UUV UUV Aquabotix Ltd 0.002 -20 2,211,000
EQE Equus Mining Ltd 0.009 -18 25,480,971
KP2 Kore Potash PLC 0.023 -18 20,199,459
UUL Ultima Utd Ltd 0.83 -17 116,434
VIC Victory Mines Ltd 0.0025 -17 1,000,000
OEQ Orion Equities 0.155 -16 8,000
TMK Tamaska Oil Gas Ltd 0.011 -15 39,624,891
CWX Carawine Resources 0.28 -15 2,398,353
SRZ Stellar Resources 0.023 -15 2,676,512
ENA Ensurance Ltd 0.018 -14 1,169,346
CCE Carnegie Cln Energy 0.006 -14 90,060,529
MRD Mount Ridley Mines 0.003 -14 8,800,000
ACP Audalia Res Ltd 0.02 -13 124,160
BNO Bionomics Limited 0.24 -13 2,457,669
GGX Gas2Grid Limited 0.0035 -13 3,940,012
PH2 Pure Hydrogen Corp 0.315 -13 2,649,359
PEC Perpetual Resources Ltd 0.082 -12 5,829,773
CY5 Cygnus Gold Limited 0.15 -12 100,000
TTA TTA Holdings Ltd 0.068 -12 290,667