Biden’s inauguration went smoothly as he called for “unity”, as he becomes America’s 46th President.
He has an “almighty” job ahead of him, with Covid still ravaging, weekly protests, anger and a “split” America…
But….
It is the Stockmarket that keeps reaching all-time highs, as the “green and circular economy”, is here to stay.
Lithium…. Virtual power plants… EV batteries… sustainable agriculture… recycling of waste…
As we’ve been “touting” for a few months now, the theme is only getting larger, but remember to back the right team!
Across markets…
Australian shares are poised to open higher, as Wall Street rallied on the first day of Joe Biden's presidency, betting that he will push for more spending measures to bolster the US economy.
ASX futures were up 25 points or 0.4% to 6738 near 6.30am AEDT. The local currency gained 0.6 per cent.
In New York, the S&P 500 and Nasdaq surged to record highs. Near 2.30pm the S&P 500 was up 1.3 per cent; the Nasdaq had gained 2 per cent. The Dow was up 212 points or 0.7 per cent.
"Risk appetite remains in place as President Biden has clearly signalled, he will not have a completely progressive agenda," Oanda's Edward Moya said in a note.
Tech shares leapt. Netflix was up more than 17 per cent after adding far more new subscribers than expected in the latest quarter; Alphabet lifted 5.4 per cent. Amazon rose 4.4 per cent.
Microsoft, Apple and Facebook each rose more than 3 per cent. Tesla was up 1 per cent.
Source: AFR
Nanollose (ASX:NC6) has been the biggest gainer since December 20. Its shares had traded around 5c since November before soaring January 13 after the bio-materials company applied for a patent with Grasim Industries for a lyocell fibre made of microbial cellulose.
This week, NC6 shares traded as high as 22c on Tuesday before falling to close at 19c on Wednesday.
The $26 million company is working to commercialise a rayon fabric derived from liquid waste, rather than tree fibres.
The company’s executive chairman, Wayne Best, said in announcing the patent that Nanollose is looking forward to commencing pilot production and “presenting textiles made from this remarkable fibre to the fashion industry”
Sector: Consumer Discretionary
Year: 2019
Deal Type: Placement
Raise Amount: $2.2m
Price Change: $0.046 Unchanged
Sector: Consumer Discretionary
Year: 2018, 2019
Deal Type: Seed, Bridging and IPO
Raise Amount: $10m
Price Change: $0.16 Unchanged
Sector: Technology
Year: 2018
Deal Type: Seed and IPO
Raise Amount: $10m
Price Change: $0.061 -4.69%
Sector: Mining
Year: 2017
Deal Type: Seed & IPO
Raise Amount: $5m
Price Change: $0.22 +7.32%
Sector: Mining
Year: 2017
Deal Type: IPO & Placement
Raise Amount: $6m
Price Change: $0.050 -3.85%
Sector: Healthcare Equipment and Services
Year: 2016
Deal Type: IPO
Raise Amount: $8m
Price Change: $0.14 +16.67%
Sector: Materials
Year: 2016
Deal Type: IPO
Raise Amount: $9m
Price Change: $0.033 Unchanged
Sector: Biotechnology
Year: 2015, 2017, 2018
Deal Type: Placements & IPO
Raise Amount: $5m
Price Change: $2.46 +2.07%
Sector: Media an Entertainment
Year: 2016
Deal Type: Reverse Takeover
Raise Amount: $4m
Price Change: $0.043 Unchanged
Sector: Mining
Year: 2018, 2019, 2020
Deal Type: Placements & Rights Offer
Raise Amount: $1.5m
Price Change: $0.011 -8.33%
Sector: Discretionary
Year: 2020
Deal Type: Placement
Raise Amount: $1.3m
Price Change: $0.066 -7.04%
Sector: Gaming
Year: 2020
Deal Type: Placement
Raise Amount: $1.25m
Price Change: $0.12 Unchanged
Sector: Mining (Gold)
Year: 2020
Deal Type: Placement
Raise Amount: $982k
Sector: Mining (Gold/Silver)
Year: 2020
Deal Type: Placement
Raise Amount: $2.3m
Price Change: $0.012 Unchanged
Sector: Hemp & CBD
Year: 2020
Deal Type: Pre IPO
Raise Amount: $2.5m
Sector: Psychedelic assisted therapy
Year: 2020
Deal Type: Placement
Raise Amount: $2.5m
Price Change: CAD $0.13 +4.00%
Sector: Mining
Year: 2020
Deal Type: Placement
Raise Amount: $330k
Price Change: 0.049 Unchanged
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