Happy Monday!
Put your hands up if you are going for a nice swim and walk along the beach after work!
Across markets…
This Afternoon, Australian shares are poised to open higher, bolstered by yet further records on Wall Street and a resurgent iron ore spot price.
Elsewhere, the VIX touched its lowest since February; gold tumbled below $US1800 an ounce; oil topped $US48 a barrel. And yes, Tesla rose still higher.
ASX futures were up 39 points or 0.6 per cent to 6642. The S&P/ASX 200 is on track for its best month since 1988.
The local currency was 0.3 per cent higher to US73.87¢, peaking at US73.99¢. Bloomberg's dollar spot index slipped 0.2 per cent. The yield on the US 10-year note slid 4 basis points to 0.84 per cent.
Shares on Wall Street closed out their week on a positive note with both the S&P 500 and the Nasdaq resetting records in a short – and thinly traded – session. The Dow advanced 0.1 per cent, the S&P 500 gained 0.2 per cent and the Nasdaq finished up 0.9 per cent.
Source: AFR
Azure Minerals (ASX: AZS) has confirmed nickel-copper mineralisation at its 60% owned Andover project now extends at depth and remains open.
The company revealed its most recent hole (number six) at the project intercepted a 53.6m-wide zone containing “significant” intervals of nickel-copper sulphides, including several zones of massive and semi-massive sulphides.
This hole was undertaken 53m below and down dip from similar mineralisation uncovered in hole number four.
Additionally, Azure noted the sulphide mineralisation in this latest hole was at the depth predicted from geophysical modelling and the fixed loop electromagnetic survey.
Source: Small Caps
Across Asia, China’s blue-chip index scaled a near 5-1/2-year high on Monday, led by gains in traditional industries, as upbeat factory activity data showed continued recovery in the world’s second-largest economy amid the coronavirus outbreak.
The CSI300 index rose 1.3% to 5,045.01 points, its highest since June 18, 2015, while the Shanghai Composite Index gained 1.1% to 3,444.84 points.
Leading the gains, the Shanghai SE50 index, which tracks the 50 most representative traditional stocks on the Shanghai Stock Exchange, climbed as much as 2% to its highest since February 2008.
China’s factory activity expanded at the fastest pace in more than three years in November, while growth in the services sector also hit a multi-year high, as the country’s economic recovery from the coronavirus stepped up.
Source: Reuters
Sector: Consumer Discretionary
Year: 2019
Deal Type: Placement
Raise Amount: $2.2m
Price Change: $0.045 -2.17%
Sector: Consumer Discretionary
Year: 2018, 2019
Deal Type: Seed, Bridging and IPO
Raise Amount: $10m
Price Change: $0.14 -3.45%
Sector: Technology
Year: 2018
Deal Type: Seed and IPO
Raise Amount: $10m
Price Change: $0.081 -1.22%
Sector: Mining
Year: 2017
Deal Type: Seed & IPO
Raise Amount: $5m
Price Change: $0.17 Unchanged
Sector: Mining
Year: 2017
Deal Type: IPO & Placement
Raise Amount: $6m
Price Change: $0.052 -1.89%
Sector: Healthcare Equipment and Services
Year: 2016
Deal Type: IPO
Raise Amount: $8m
Price Change: $0.085 Unchanged
Sector: Materials
Year: 2016
Deal Type: IPO
Raise Amount: $9m
Price Change: $0.028 +12.00%
Sector: Biotechnology
Year: 2015, 2017, 2018
Deal Type: Placements & IPO
Raise Amount: $5m
Price Change: $2.97 +1.05%
Sector: Media an Entertainment
Year: 2016
Deal Type: Reverse Takeover
Raise Amount: $4m
Price Change: $0.037 +2.78%
Sector: mining
Year: 2018, 2019, 2020
Deal Type: Placements & Rights Offer
Raise Amount: $1.5m
Price Change: $0.010 Unchanged
Sector: Discretionary
Year: 2020
Deal Type: Placement
Raise Amount: $1.3M
Price Change: $0.0060 +20.005
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 $0.07 +7.69%
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: $0.012 Unchanged
Sector: Mining (Gold/Silver)
Year: 2020
Deal Type: Placement
Raise Amount: $2.3m
Price Change: $0.014 -6.67%
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