Rise and Shine: What you need to know before the ASX opens
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The All Ordinaries index of ASX shares managed to stay over 7,000 points in Thursday trade, but it finished 11 points lower on day at 7,122.
Trading volumes were lower in regional stock markets in Asia because of the Lunar New Year holiday.
Gold miner Newcrest (ASX:NCM) was one of the ASX market’s standout performers Thursday, rising 4 per cent on an increased dividend and well-received first half-year results.
And another rise in iron ore prices to back over $US160 per tonne buoyed producers of the metal ore.
The following companies are in trading halts and are expected to exit over the next two trading days:
Sunshine Gold (ASX:SHN) – acquisition
EcoGraf (ASX:EGR) – capital raising
Challenger Exploration (ASX:CEL) – assay results
88 Energy (ASX:88E) – capital raising & board changes
Pilot Energy (ASX:PGY) – acquisition
Tyranna Resources (ASX:TYX) – price query
Gold: $US1,823.79 ($2,352.56) (-1.00%)
Silver: $US26.99 ($34.82) (0.00%)
Oil (WTI): $US57.91 (-1.31%)
Oil (Brent): $US60.82 (-1.06%)
Coal: $US81.50 (-0.49%)
Iron 62pc Fe: $US160.08 (+0.21%)
AUD/USD: $US0.7752 (+0.40%)
Bitcoin: $US48,204.31 (+7.07%)
Stockhead readers were enamoured to learn more about the strong performance of cannabis stocks on the ASX, and to get more detail on the top performing resources stocks.
They also wanted to know which ASX stocks currently have the most short trading positions against them.
(Hint, think travel and tourism).
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.