It's been a volatile week on the ASX boards.
It's a long weekend in Victoria and we're certainly ready for some R&R.
The hydrogen space is continuing to gather momentum, with Aussie exports to Japan set to boom.
According to some, this could eventually rival the post-war coal trade!
This certainly bodes well for PEAK's portfolio company Countrywide Renewable Hydrogen, that is on track for an ASX listing this year.
To read more on the export boom, click here
Across markets…
The S&P/ASX200 has staggered to the end of the week, finishing Friday’s session down 49.9 points or 0.7 per cent to 6710.8 at 4:15pm.
Energy stocks were the main bright spot, with the sector up 2.8 per cent as Woodside, Santos, Origin and Oil Search all posted solid gains off the back of surging oil prices.
Things were less pretty in the tech and healthcare sectors, however, as sell-offs continued for a second day.
Info tech stocks finished Friday down 1.6 per cent, with Afterpay sliding 2.5 per cent to $115.40, while Zip Co lost 5.2 per cent for the session and finished at $9.56.
Biotech giant CSL, which went ex-dividend on Thursday, was the biggest weight in healthcare and lost 2.8 per cent to $248.58.
Consumer staples were modestly higher, up 0.4 per cent, as Woolworths gained 0.4 per cent to $38.95 and Coles was up 0.6 per cent to $15.50.
The market came close to finishing the week behind but narrowed its losses at the end of Friday’s session, and finished 0.5 per cent ahead for the week.
Source: SMH
Phase one infill drilling at Alice Queen’s (ASX: AQX) Horn Island project on Queensland’s Horn Island has returned numerous gold hits.
The reverse circulation drilling program targeted Alice’s wholly-owned “excluded zone” within the project and is not part of the joint venture area with St Barbara (ASX: SBM).
All-up in this latest program, Alice completed 35 holes for 7,072m immediately west of the Horn Island pit.
The company has now received assays from the first 15 holes, which comprised many gold intersections.
Notable results were 2m at 22.9 grams per tonne gold from 37m, including 1m at 43g/t from 37m; 19m at 3.2g/t gold from 80m, including 3m at 10.9g/t gold from 93m; 48m at 2.1g/t gold from 127m, including 6m at 5.4g/t gold from 142m; and 7m at 10.5g/t gold from 159m, including 1m at 29.1g/t gold.
Source: Small Caps
Indian shares fell for a second straight session on Friday as rising U.S. Treasury yields spooked equity investors, although a jump in oil explorers on higher crude prices limited losses.
The blue-chip NSE Nifty 50 index fell 0.23% to 15,039.2 by 0435 GMT and the S&P BSE Sensex was down 0.28% at 50,712.52, after falling as much as 1% each in early trade.
Still, both the indexes were set to add more than 3.5% for the week thanks to positive economic growth data and progress in the country’s COVID-19 vaccination campaign.
Private-sector lenders ICICI Bank and HDFC Bank were the biggest drags on the Nifty 50 on Friday, declining 2.5% and 2%, respectively.
The Nifty Bank Index lost 1.9%.
Wipro Ltd declined as much as 3% after announcing it would buy British consultancy Capco for $1.45 billion.
Source: Reuters
Sector: Consumer Discretionary
Year: 2019
Deal Type: Placement
Raise Amount: $2.2m
Price Change: $0.079 +1.28%
Sector: Gaming & Digital Advertising
Year: 2020
Deal Type: Placement
Raise Amount: $1.25m
Price Change: $0.11 Unchanged
Sector: Fintech
Year: 2020
Deal Type: Placement
Raise Amount: $1.5m
Price Change: $0.12 +4.35%
Sector: Satellite Communication
Year: 2020
Deal Type: Placement
Raise Amount: $5m
Price Change: $0.27 Unchanged
Sector: Vertical Farming
Year: 2020
Deal Type: Placement
Raise Amount: $1.53m
Price Change: $0.046 -4.17%
Sector: Consumer Discretionary
Year: 2018, 2019
Deal Type: Seed, Bridging and IPO
Raise Amount: $10m
Sector: Hemp & CBD
Year: 2020
Deal Type: Pre IPO
Raise Amount: $2.5m
Price Change: CAD $0.30 -4.69%
Sector: Psychedelic assisted Therapy
Year: 2020
Deal Type: Pre IPO
Raise Amount: $1.5m
Price Change: CAD $0.14 -14.71%
Sector: mining
Year: 2018, 2019, 2020
Deal Type: Placements & Rights Offer
Raise Amount: $1.5m
Price Change: $0.01 Unchanged
Sector: CBD
Year: 2021
Deal Type: Placement
Raise Amount: $5M
Price Change: $0.02 Unchanged
Sector: Mining (Gold)
Year: 2020
Deal Type: Placement
Raise Amount: $982k
Price Change: $0.005 Unchanged
Sector: Mining (Gold/Silver)
Year: 2020
Deal Type: Placement
Raise Amount: $2.3m
Price Change: $0.01 Unchanged
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