Rise and Shine: What you need to know before the ASX opens
Link copied to
But first…the week ahead.
There are three IPOs on the schedule, starting with Firetail Resources (ASX:FTL) and Narryer Metals (ASX:NYM) which are both set to list on Wednesday.
Firetail is raising $8m at 25c per share to fund exploration efforts across a series of battery metals projects in WA and Queensland.
Narryer is raising $5m at 20c per share, and is focused on the exploration of nickel-copper-PGE sulphide deposits and three projects across WA and South Australia.
Those two will be followed by Osmond Resources (ASX:OMN) on Thursday, another junior explorer raising $5m at 20c on the lookout for gold and base metals discoveries within projects located in South Australia and Victoria.
On the macroeconomic front, all eyes will be on US inflation data for March, due for release on Tuesday night.
The following companies will exit trading halts in the coming days.
Cobre Limited (ASX:CBE) – trading halt, pending an announcement with respect to an exploration program in Botswana and a response to a price and volume query from the ASX
Krakatoa Resources Limited (ASX:KTA) – trading halt, pending the announcement of material exploration results from its 100% owned Mt Clere REE Project
Ragnar Metals Limited (ASX:RAG) – trading halt, pending a significant announcement in relation to assay results from the Swedish drilling program.
Gold: $US1,947.46 (+0.81%)
Silver: $US24.77 (+0.74%)
Oil (WTI): $US97.84 (+1.88%)
Oil (Brent): $US102.35 (+1.76%)
Aust Coking Coal (steelmaking): $406.331/t (+2.95%)
Newcastle Coal (thermal): $291.6/t (+3.53%)
Iron 62pc Fe: $US150.00 (-0.99%)
AUD/USD: $US0.7456 (-0.31%)
Bitcoin: $US42,587.85 (+0.05%)
The March winners (and losers) took centre stage, with resources stocks dominating the top end of the winner’s list.
While we’re on monthly winners, here’s Josh Chiat’s summary of the top performing commodities.
If you haven’t already, head over to Twitter and weigh in on our poll for the next $1bn ASX lithium stock:
Which #ASX lithium stock do you think will be the next to reach $1 billion market cap?
— Stockhead (@StockheadAU) April 7, 2022
For all you crypto lovers Stockhead’s Coinhead Facebook group is the place to share your views, insights, tips and ideas.
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.
Scroll or swipe to reveal table. Click headings to sort.