Rise & Shine: What you need to know before the ASX opens
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On Stockhead today: our report on the 100 best performing stocks for the year, how four directors put in $5.1 million to make a quick $1.4 million, what are the hottest stocks on the ASX right now and Dr Boreham’s prognosis of Suda.
The week kicks off with activity outlook and business confidence data from the ANZ, and a swathe of economic figures from all across the European Union.
The Reserve Bank of Australia makes its next interest rates decision on Tuesday, with many expecting the RBA to once again cut rates.
Import, export and trade data will be released by the Australian Bureau of Statistics on Thursday.
The following companies are in trading halts or suspensions and are expected to exit within the next 48 hours:
Inca Minerals (ASX:IXG) – capital raising
EVE Investments (ASX:EVE) – capital raising
Deve Resources (ASX:DEV) – capital raising
New World Cobalt (ASX:NWC) – capital raising
Bigtincan (ASX:BTH) – capital raising
Buxton Resources (ASX:BUX) – consolidating transactions on tenements
Andromeda Metals (ASX:ADN) – scoping study results
Exore Resources (ASX:ERX) – capital raising
Actinogen Medical (ASX:ACW) – disclosure of clinical trial results
NeuroScientific Biopharma (ASX:NSB) – pre-clinical study results
Aurora Labs (ASX:A3D) – potential product supply arrangement
Gold: $US1,503.01 (+0.01%)
Silver: $US17.78 (+0.12%)
Oil (WTI): $US56.08 (-0.41%)
Oil (Brent): $US62.25 (+0.75%)
Coal: $US69.25 (+1.69%)
Iron 62pc Fe: $US92.95 (-0.02%)
AUD/USD: $US0.6762 (+0.19%)
Bitcoin: $US7,999.25 (-4.65%)
It was big movements from the likes of Victorian miner Stavely Minerals (ASX:SVY) and ASX biotech debutant Osteopore (ASX:OSX), with both gaining more than 300 per cent over the course of the week.
— Stockhead (@StockheadAU) September 27, 2019
It was much the same over on our small cap chat Facebook group. Join here for a daily recap of our best stories and plenty of small-cap discussion.
These were the five most-tipped stocks (weekly) on Stocks in Play:
This was the movement among ASX sectors last week:
Consumer discretionary +0.83%
Consumer staples -0.34%
Communication services -3.04%