Put your hands up if you are glad you aren't in the U.S right now.
Donald Trump has declared a 13-day "emergency" in Washington until January 24 amid fears of a major armed "uprising" across the US next week…
The announcement comes after the FBI warned an armed group is planning protests across the country and that could start a "huge uprising" if the 25th Amendment is invoked.
Across markets…
This Afternoon, the Australian sharemarket extended its poor start to the week's trading on Tuesday, falling for a second consecutive session as tech stocks once again took a beating.
The S&P/ASX 200 Index fell 18.1 points, or 0.3 per cent, to 6679.1, slipping from a strong open, after the market rose as much as 0.5 per cent through the morning.
While value stocks like the major banks performed well, their performance was capped by a poor performance from the tech sector, as the rising 10-year US Treasury yield weighed on equity market gains.
Investors are cautious rising bond yields could weigh on lofty valuations, particularly as earnings season approaches.
"Stocks that miss or are downgraded during reporting season could be punished more if bond yields continue to rise," Macquarie strategists said.
Source: AFR
Mobile gaming company iCandy Interactive (ASX: ICI) has unveiled the first of four new proprietary mobile games first announced over 18 months ago.
In a statement, the company referred to “very encouraging” preliminary responses as a reason why the game could make an international commercial launch in the coming months.
Formerly known as Hamstranauts, the final release version of the new game is titled Claw Stars after being completed “earlier than expected”.
iCandy also confirmed it is collaborating with Google Play in an early access trial, which is expected to take around two to three months to complete.
It will generate gamer feedback, reactions and other insights into player behaviour during the game, thereby generating valuable insights into the game’s initial reception and playability.
Source: Small Caps
Across Asia, China stocks rebounded on Tuesday from their worst session in three weeks a day earlier, underpinned by gains in the consumer and aerospace sectors, while Hong Kong shares inched higher to hover near a one-year peak hit in the previous session.
At the midday break, the Shanghai Composite index was up 0.8% at 3,559.86, while China’s blue-chip CSI300 index was up 1.1%.
The smaller Shenzhen index was up 0.74%, the start-up board ChiNext Composite index was higher by 1.14% and Shanghai’s tech-focused STAR50 index was up 0.6%.
However, gains were capped by continued worries over a pickup in coronavirus infections in northern China and tensions between Beijing and Washington.
Source: Reuters
Sector: Consumer Discretionary
Year: 2019
Deal Type: Placement
Raise Amount: $2.2m
Price Change: $0.046 -2.13%
Sector: Satellite Communication
Year: 2020
Deal Type: Placement
Raise Amount: $5m
Price Change: $0.34 +1.49%
Sector: Vertical Farming
Year: 2020
Deal Type: Placement
Raise Amount: $1.53m
Price Change: $0.067 +8.06%
Sector: Consumer Discretionary
Year: 2018, 2019
Deal Type: Seed, Bridging and IPO
Raise Amount: $10m
Price Change: $0.13 -3.70%
Sector: Technology
Year: 2018
Deal Type: Seed and IPO
Raise Amount: $10m
Price Change: $0.077 +2.67%
Sector: Mining
Year: 2017
Deal Type: Seed & IPO
Raise Amount: $5m
Price Change: $0.22 +2.27%
Sector: Mining
Year: 2017
Deal Type: IPO & Placement
Raise Amount: $6m
Price Change: $0.053 -7.02%
Sector: Healthcare Equipment and Services
Year: 2016
Deal Type: IPO
Raise Amount: $8m
Price Change: $0.098 -6.67%
Sector: Materials
Year: 2016
Deal Type: IPO
Raise Amount: $9m
Price Change: $0.032 -8.57%
Sector: Biotechnology
Year: 2015, 2017, 2018
Deal Type: Placements & IPO
Raise Amount: $5m
Price Change: $2.39 -1.24%
Sector: Media an Entertainment
Year: 2016
Deal Type: Reverse Takeover
Raise Amount: $4m
Price Change: $0.037 -2.63%
Sector: mining
Year: 2018, 2019, 2020
Deal Type: Placements & Rights Offer
Raise Amount: $1.5m
Price Change: $0.010 +11.11%
Sector: Discretionary
Year: 2020
Deal Type: Placement
Raise Amount: $1.3M
Price Change: $0.075 +4.17%
Sector: Hemp & CBD
Year: 2020
Deal Type: Pre IPO
Raise Amount: $2.5m
Sector: Psychedelic assisted Therapy
Year: 2020
Deal Type: Pre IPO
Raise Amount: $1.5m
Price Change: CAD $0.125 -3.85%
Sector: Mining
Year: 2020
Deal Type: Placement
Raise Amount: $333k
Sector: Gaming & Digital Advertising
Year: 2020
Deal Type: Placement
Raise Amount: $1.25m
Sector: Mining (Gold)
Year: 2020
Deal Type: Placement
Raise Amount: $982k
Price Change: $0.010 -9.09%
Sector: Mining (Gold/Silver)
Year: 2020
Deal Type: Placement
Raise Amount: $2.3m
Price Change: $0.012 Unchanged
If you would like more information on future Peak deals, please don’t hesitate to get in touch.
Peak accepts no responsibility for any views expressed and marketing material contained in this email except where the message specifically states otherwise and the sender is authorised to state them to be the views of Peak. Information provided in this email is general advise only and does take account your objectives, financial situation or needs. Before acting on any advice in this email, Peak recommends that you consider whether it is appropriate for your circumstances. If this email contains reference to any financial products, you should obtain the current Product Disclosure Statement (PDS) or other disclosure documents for the particular products and consider this information before making any decisions regarding the products. The Financial Services Guide (FSG) can be found at www.peakassetmanagement.com.au or by telephoning Peak on 1300 304 460