On Stockhead today, tech stocks on the ASX are struggling this year, why rare earths are rallying, and who wants to buy into a brewery?

But first, here’s what you need to know about the day ahead.

 

The day ahead in data

The Australian Bureau of Statistics releases labour force data today.

Another positive day for Australian markets. The ASX 200 continues its run, up another 10.6 points to 6,510, representing nearly 12-year highs for the stock market.

The ASX small ords can’t quite claim that, but still pushed up 16.4 points to 2,851 yesterday.

 

Company news

No shares out of escrow today. The following 13 companies should come out of a trading halt or voluntary suspension in the next 48 hours:

Thursday:

  • Intiger Group (ASX:IAM) – pilot program agreement
  • Adalta (ASX:1AD) – capital raising
  • Myanmar Metals (ASX:MYL) – capital raising
  • Carbine Resources (ASX CRB) – response to a price query
  • AVZ Minerals (ASX: AVZ) – results of scoping study
  • Pure Alumina (ASX:PUA) – production update
  • Alderan Resources (ASX:AL8) – capital raising
  • Woomera Mining (ASX:WML) – finalisation of proposed acquisition

Friday:

  • Strandline Resources (ASX: STA) – capital raising
  • Lucapa Diamond Co (ASX: LOM) – ‘significant diamond recovery’
  • Calima Energy (ASX: CE1) – transaction relating to interest in Namibian licence
  • Twenty Seven (ASX: TSC) – capital raising
  • iCandy Interactive (ASX: ICI) – cooperation agreement

 

Commodities

Gold: $US1,275.41 ($1,853.55) -0.14%

Silver: $US14.45 -0.08%

Oil (Brent): $US70.66 -1.91%

Oil (WTI): $US61.33 -2.65%

Coal: $US83.40 +1.40%

Iron ore 62pc fe: $US96.56 +0.19%

AUD/USD: $US0.6881

 

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What got you talking yesterday

As always, electric vehicles had people conversing on the Stockhead Facebook chat forum.

Member Jeff Morgan, in response to news of China’s hunger for EVs: “Brilliant. Can the Australian economy somehow benefit from this too? Oh hold on – better not – it might result in someone’s Ute being stolen. 😂😂😂”

These were the five most-discussed stocks on trading gossip forum HotCopper at close on Wednesday:

 

Yesterday’s winners

Only three of yesterday’s 20 biggest movers did so on news — BetMakers (ASX:TBH)Metalicity (ASX:MCT) and LiveTiles (ASX:LVT).

BetMakers jumped 22 per cent to 5c thanks to an agreement to provide its racing data solution to global betting company Betgenius, while Livetiles rose 24 per cent to 50c because of another partnership with Microsoft.

Metalicity had both beat, up 25 per cent to 1c after announcing board changes.

TickerNamePrice% ChgVolumeMarket cap
LCYLegacy Iron Ore Ltd0.00350%$4,400,000961.1k
ICGInca Minerals Ltd0.00543%$15,400,00060.9M
CGOCPT Global Ltd0.1936%$7,100,0003.2k
EFEEastern Iron Ltd0.00433%$1,600,000146.9k
MTBMount Burgess Mining NL0.00433%$1,800,000250.0k
UNLUnited Networks Ltd0.0231%$2,100,000183.2k
AUZAustralian Mines Ltd0.0228%$68,900,00094.7M
ABVAdvanced Braking Technology Lt0.01427%$4,200,00047.4k
BPLBroken Hill Prospecting Ltd0.0227%$2,800,000248.5k
ALTAnalytica Ltd0.00525%$16,700,0002.0M
FTTFactor Therapeutics Ltd0.00525%$5,200,00011.7M
KEYKey Petroleum Ltd0.00525%$7,700,000788.5k
MCTMetalicity Ltd0.0125%$6,000,000134.5k
THDThred Ltd0.002525%$4,500,0002.5M
TOMTomizone Ltd0.00525%$2,100,000350.0k
LVTLivetiles Ltd0.524%$326,900,00013.7M
XPDXPD Soccer Gear Group Ltd0.0223%$7,000,00071.4k
LNULinius Technologies Ltd0.0423%$38,400,00015.1M
TBHBetmakers Holdings Ltd/The0.0522%$14,100,000536.1k

 

Yesterday’s losers

Of the bottom 20, only Great Western Exploration (ASX:GTE), down 20 per cent to four-tenths of a cent, had news out yesterday, releasing its entitlement issue prospectus.

TickerCompanyPrice% ChgVolumeMarket cap
SPBSouth Pacific Resources Ltd0.003-50%$497,000343.1k
VICVictory Mines Ltd0.002-33%$2,600,0008.9M
PCHProperty Connect Holdings Ltd0.002-33%$1,400,000374.2k
EMUEmu NL0.04-29%$6,500,000547.1k
IBNIbuynew Group Ltd0.02-25%$458,00061
PWNParkway Minerals NL0.003-25%$1,800,000155.0k
PSMPeninsula Mines Ltd0.003-25%$3,000,000200.0k
GGXGas2Grid Ltd0.003-25%$5,200,000131.0k
DDD3D Resources Ltd0.003-25%$1,700,0001.5M
CADCaeneus Minerals Ltd0.003-25%$2,800,0003.0M
MOHMoho Resources NL0.06-24%$2,500,000116.9k
FNTFrontier Resources Ltd0.01-22%$3,400,00062.6k
SISSimble Solutions Ltd0.03-21%$3,100,000930.0k
SMDSyndicated Metals Ltd0.004-20%$2,700,000225.0k
ROGRed Sky Energy Ltd0.004-20%$2,200,0002.0M
NEWNorwest Energy NL0.004-20%$473,000,0002.5M
MNCMetminco Ltd0.004-20%$2,400,0005.2M
MMRMEC Resources Ltd0.004-20%$1,700,00092.0k
GTEGreat Western Exploration Ltd0.004-20%$3,900,0002.4M

 
That’s all you need to know. Move along now.