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

On Stockhead today, it looks like China’s stuck losing its ‘trade war’, where’s that hydrogen economy, and a pro investor’s view on when to buy Bitcoin.

But first… the day ahead.

TRADING HALTS

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

Wednesday

EML Payments (ASX:EML) – response to Ireland regulations
Tymlez (ASX:TYM) – capital raising
Great Boulder Resources (ASX:GBR) – capital raising
Agrimin (ASX:AMN) – offtake agreement
Boadicea Resources (ASX:BOA) – capital raising
Zeleika Gold (ASX:ZAG) – exploration results
Latitude Consolidated (ASX:LCD) – resource update
BPM Minerals (ASX:BPM) – asset acquisition

Thursday

QMines (ASX:QML) – exploration results
Artemis Resources (ASX:ARV) – capital raising update
Province Resources (ASX:PRL) – announcement
Manas Resources (ASX:MSR) – capital raising
Laybuy (ASX:LBY) – capital raising
PPK Group (ASX:PPK) – joint venture

MARKETS

Gold: $US1,869.13 ($2,397.55) (+0.16%)

Silver: $US28.16 ($36.12) (-0.05%)

Oil (WTI): $US65.49 (-1.18%)

Oil (Brent): $US68.44 (-1.47%)

Coal: $US96.50 (+1.58%)

Iron 62pc Fe: $US213.23 (-0.82%)

AUD/USD: $US0.7791 (+0.31%)

Bitcoin: $US43,094.87 (-2.67%)

WHAT GOT YOU TALKING YESTERDAY?

Amazon is set to buy the nearly century-old Metro-Goldwyn-Mayer (MGM) movie studio, the company behind the James Bond franchise, in a deal reportedly worth $US9 billion.

#Amazon is looking to extend their library of 4,000 films and 17,000 hours of tv especially the JAMES BOND franchise with acquiring MGM company for $9 Billion. pic.twitter.com/A7IReS07wx

— LetsCinema (@letscinema) May 18, 2021

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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

Scroll or swipe to reveal table. Click headings to sort.

The top sector yesterday was resources, which gained nearly 2 per cent.

Copper explorer Helix Resources (ASX:HLX) led the pack yesterday, after announcing a $4m capital raise to finance additional drilling efforts at its Canbelego project in NSW following some sizeable copper hits in recent weeks.

Also rising strongly was copper-gold minnow Eastern Iron (ASX:EFE), which had previously announced an entitlement offer looking to raise $1,072,370 from investors at 0.8c per share.

Although the health sector ended down by 0.16 per cent, there were a few announcements from biotech stocks that lifted their share prices. 

Leading the pack in biotech were Imugene (ASX:IMU) which announced a licensing agreement with world-renowned cancer research centre in Los Angeles, the City of Hope. The licence covers a novel method of immunotherapy, which combines oncolytic virus and cell therapy technology.

YESTERDAY’S LOSERS

Scroll or swipe to reveal table. Click headings to sort.

Hearing tech company Audeara (ASX:AUA) made its debut on the ASX yesterday, after raising $7 million at 20 cents per share. Its shares fell by 15 per cent on the first day of trading.