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.

Rise and Shine

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.

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.

 

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