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

On Stockhead today, Guy le Page’s big Bitcoin concern, on-the-boil oil wins March, and Bottom Picker get a very happy Afterpay birthday pressie.

But first…

The day ahead

The All Ordinaries index finished Thursday at 7,050 points, up 0.47 per cent from Wednesday’s close. Technology companies and miners led the way in Thursday trading.

Australian government 10-year bonds were yielding 1.79 per cent Thursday, up slightly from a week ago.

Investors eyes will turn to the US this week after President Joe Biden unveiled his American Jobs Plan that focuses on nation-building assets like roads, bridges and electricity grids.

The jobs plan comes with a $US2.3 trillion ($3 trillion) price tag and is to be paid for by increased taxes, including a higher rate of corporation tax at 28 per cent up from 21 per cent.

Analysts said the spending package could put upward pressure on US 10-year bond yields as the US government will need to sell more of these, and this could affect stock prices.

TRADING HALTS

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

Tuesday

Tietto Minerals (ASX:TIE) – pre-feasibility study
Xstate (ASX:XST) – drilling update
Sacgasco (ASX:SGC) – drilling update
Nova Minerals (ASX:NVA) – resource upgrade
Skyfii (ASX:SKF) – capital raising

Wednesday

Environmental Clean Technologies (ASX:ECT) – capital raising
Think Childcare (ASX:TNK) – acquisition proposal
Silver City Minerals (ASX:SCI) – capital raising
The GO2 People (ASX:GO2) – acquisition
Los Cerros (ASX:LCL) – assay results

MARKETS

Gold: $US1,728.25 ($2,257.68) (-0.03%)

Silver: $US24.88 ($32.51) (-0.38%)

Oil (WTI): $US58.65 (-4.56%)

Oil (Brent): $US62.25 (-4.02%)

Coal: $US92.60 (+1.37%)

Iron 62pc Fe: $US163.89 (+0.13%)

AUD/USD: $US0.7647 (+0.54%)

Bitcoin: $US58,740.55 (+1.17%)

What got you talking Thursday

Stockhead readers liked Derek Rose’s story on non-fungible tokens (NFT), a new addition to the crypto world and how they are making small fortunes for their creators.

There is also Reuben Adams’ story on why automotive demand for platinum group metals is not going to go away any time soon, and this got readers talking too.

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.

Thursday’s winners

Stocks highlighted in yellow made market moving announcements

Code	Company	Price	%	Volume
ROG	Red Sky Energy	1.4	56	1393889895
ZNO	Zoono Group	92	53	9306983
CLZ	Classic Min	0.15	50	39362415
BRK	Brookside Energy	2.9	45	279278430
SHE	Stonehorse Energy	3.6	44	77220722
MRD	Mount Ridley Mines	0.5	43	102120836
G88	Golden Mile Res	11.5	39	16061868
VR8	Vanadium Resources	6.5	35	11785096
BAS	Bass Oil	0.4	33	329310477
DTR	Dateline Resources	0.4	33	31347950
VPR	Volt Power Group	0.4	33	4203000
UUV	UUV Aquabotix	0.25	25	7783850
BYE	Byron Energy	15.5	24	6097300
LIN	Lindian Resources	2.1	24	3117697
ENA	Ensurance	3.8	23	3324517
ONX	Orminex	4.4	22	910217
TMK	Tamaska Oil Gas	1.1	22	2163636
MYX	Mayne Pharma	42.5	21	15635597
LEX	Lefroy Exploration	151.5	21	2585823
PGD	Peregrine Gold	29.5	20	1227569

Thursday’s losers

Stocks highlighted in yellow made market moving announcements

Code	Company	Price	%	Volume
ANL	Amani Gold	0.001	-33	5225999
APG	Austpac Resources NL	0.002	-33	508000
NPM	Newpeak Metals	0.002	-33	3787849
VIC	Victory Mines	0.002	-33	26473545
ECG	Ecargo Hldg	0.023	-30	158772
EX1	Exopharm	0.58	-17	3078075
PVL	Powerhouse Ven	0.13	-16	234777
CDY	Cellmid	0.078	-13	771732
KP2	Kore Potash PLC	0.034	-13	13896397
CGB	Cann Global	0.007	-13	19661143
PFG	Prime Financial	0.092	-12	16994
IDT	IDT Australia	0.39	-12	2247282
EMP	Emperor Energy	0.037	-12	2546313
FTZ	Fertoz	0.062	-11	427500
KEY	KEY Petroleum	0.004	-11	21493738
AVR	Anteris Technologies	10.97	-10	27715
RAC	Race Oncology	3.32	-10	2035660
BMO	Bastion Minerals	0.175	-10	62870