Rise & Shine: What you need to know before the ASX opens
News
On Stockhead today, the disconnect between federal and state governments on coal, private equity deals are rising and an ‘avalanche’ is laying waste to lithium prices.
But first, here’s what you need to know.
Today the RBA releases the minutes from its most recent interest rate meeting, where it slashed interest rates to a record low 1 per cent, while in the EU there is construction output data being released.
Nearly 70 companies are reporting financial figures today. You can view a full list here, but stocks to watch out for include cancer fighters Immutep (ASX:IMM) and Race Oncology (ASX:RAC), mortgage broker Mortgage Choice (ASX:MOC), drug developer Starpharma (ASX:SPL), Channel 7 owner Seven West Media (ASX:SVM), mining giant BHP (ASX:BHP), buy-now-pay-later stock FlexiGroup (ASX:FXL), retailer Temple & Webster (ASX:TPW) and live exporter Wellard (ASX:WLD).
Due out today
Uniti Wireless (ASX:UWL) – capital raising
Marquee Resources (ASX:MQR) – transaction update
Race Oncology (ASX:RAC) – capital raising
HomeStay Care (ASX:HSC) – capital raise
Due out Wednesday
Resources and Energy Group (ASX:REZ) – capital raise
Tanga Resources (ASX:TRL) – capital raise
BPH Energy (ASX:BPH) – investment
Central Petroleum (ASX:CTP) – 2C resources
Technology Metals (ASX:TMT) – DFS release
Australian Vanadium (ASX:AVL) – capital raise
Longtable Group (ASX:LON) – financial results
KneoMedia (ASX:KNM) – administrative issue
Rox Resources (ASX:RXL) – project acquisition
Cazaly Resources (ASX:CAZ) – sales update
Cullen Resources (ASX:CUL) – farm out transaction
MGC Pharmaceuticals (ASX:MXC) – capital raising
Gold: $US1,494.80 ($2209.91) -1.26%
Silver: $US16.88 -1.26%
Oil (Brent): $US59.67 +1.76%
Oil (WTI): $US56.13 +2.21%
Coal: $US68.65 -0.88%
Iron ore 62pc FE: $US94.36 -0.80%
AUD/USD: $US0.6759 -0.07%
Bitcoin: $US10,916.15 +5.72%
Both the ASX 200 and ASX small ords fought back on Monday, the former closing up 61.4 points, or 1 per cent, to 6,467.4 points, and the latter closing up 20.4 points, or 0.7 per cent, to 2,788.1 points.
These were the five most discussed stocks among ASX investors yesterday:
$STX – Strike Energy
$ADN – Andromeda Metals
$JAT – Jatenergy
$EDE – Eden Innovations
$GXY – Galaxy Resources
We have a small cap Facebook chat group where you can discuss market moving events such as these. If you wish to join you can apply here.
This is how the ASX’s sectors moved yesterday:
Sector | Change |
---|---|
Energy | +2.24% |
Materials | -0.39% |
Industrials | +1.31% |
Consumer discretionary | +1.34% |
Consumer staples | +1.47% |
Healthcare | +1.42% |
Financials | +1.06% |
IT | +3.17% |
Communications | +0.57% |
Utilities | -0.15% |
Code | Name | Price | % Chg | Market Cap | Volume |
---|---|---|---|---|---|
CYQ | Cycliq Group Ltd | 0.0015 | +50.00% | $2.0M | 500.0k |
GGX | Gas2Grid Ltd | 0.003 | +50.00% | $3.8M | 350.0k |
ROO | Roots Sustainable Agricultural | 0.07 | +50.00% | $6.3M | 1.4M |
TMR | Tempus Resources Ltd | 0.2 | +46.43% | $7.5M | 2.4M |
REF | Reverse Corp Ltd | 0.05 | +35.00% | $5.0M | 456.4k |
AKN | Auking Mining Ltd | 0.002 | +33.33% | $1.9M | 250.1k |
RNX | Renegade Exploration Ltd | 0.004 | +33.33% | $2.9M | 521.3k |
TMX | Terrain Minerals Ltd | 0.004 | +33.33% | $2.6M | 900.0k |
TAO | Tao Commodities Ltd | 0.09 | +30.43% | $2.8M | 35.0k |
NVA | Nova Minerals Ltd | 0.05 | +29.27% | $49.0M | 13.5M |
BSM | Bass Metals Ltd | 0.01 | +25.00% | $28.1M | 8.0M |
EFE | Eastern Iron Ltd | 0.005 | +25.00% | $2.1M | 1.1M |
FRN | Fraser Range Metals Group Ltd | 0.02 | +25.00% | $5.0M | 3.6M |
GTE | Great Western Exploration Ltd | 0.005 | +25.00% | $6.5M | 18.9M |
RLC | Reedy Lagoon Corp Ltd | 0.005 | +25.00% | $2.0M | 475.0k |
TPD | Talon Petroleum Ltd | 0.005 | +25.00% | $4.4M | 500.0k |
WCN | White Cliff Minerals Ltd | 0.005 | +25.00% | $2.4M | 7.4M |
INP | IncentiaPay Ltd | 0.04 | +22.58% | $9.2M | 322.4k |
RAN | Range International Ltd | 0.03 | +21.74% | 0 | 315.9k |
Code | Name | Price | % Chg | Market Cap | Volume |
---|---|---|---|---|---|
SF1 | STEMify Ltd | 0.02 | -75.56% | $3.3M | 3.3M |
XPE | Xped Ltd | 0.002 | -33.33% | $1.5M | 90.0k |
VMG | VDM Group Ltd | 0.002 | -33.33% | $12.6M | 391.2k |
GBZ | GBM Resources Ltd | 0.003 | -25.00% | $3.3M | 3.6M |
ECT | Environmental Clean Technologi | 0.003 | -25.00% | $14.4M | 10.7M |
IPB | IPB Petroleum Ltd | 0.02 | -21.43% | $5.1M | 3.3M |
SYT | Syntonic Ltd | 0.004 | -20.00% | $6.7M | 6.4M |
SI6 | Six Sigma Metals Ltd | 0.004 | -20.00% | $2.5M | 2.6M |
QFY | Quantify Technology Holdings L | 0.004 | -20.00% | $4.9M | 2.1M |
PBX | Pacific Bauxite Ltd | 0.004 | -20.00% | $1.6M | 59.4k |
GTG | Genetic Technologies Ltd | 0.004 | -20.00% | $11.8M | 4.5M |
FGO | Flamingo AI Ltd | 0.004 | -20.00% | $4.5M | 2.0M |
CXU | Cauldron Energy Ltd | 0.02 | -20.00% | $5.3M | 13.3k |
BUY | Bounty Oil & Gas NL | 0.004 | -20.00% | $3.8M | 5.0k |
AZY | Antipa Minerals Ltd | 0.01 | -17.65% | $29.1M | 23.4M |
RMX | Red Mountain Mining Ltd | 0.005 | -16.67% | $3.9M | 11.4M |
PNN | PepinNini Lithium Ltd | 0.005 | -16.67% | $3.1M | 2.1M |
ARE | Argonaut Resources NL | 0.005 | -16.67% | $7.8M | 3.4M |
TIG | Tigers Realm Coal Ltd | 0.05 | -15.09% | $80.6M | 300.8k |