ASX Today: rise & shine – signs of relief for the end of the financial year

ASX Today: rise & shine – signs of relief for the end of the financial year

ASX Today: rise & shine – signs of relief for the end of the financial year

Good morning!

Here is today’s morning wrap up:

US Exchange

Dow Jones futures, as well as S&P 500 and Nasdaq futures, were barely moved on Tuesday. In Monday’s stock market rise, fuelled by Facebook (FB) and coronavirus plays, the Nasdaq reached a new high. However, as the number of Delta coronavirus infections rises, energy, mining, finance, and travel equities also fell.

The Dow Jones moved higher overnight with a +0.026% move or +9.02 points. The S&P 500 gained overnight, moving +0.028% or +1.19 points. Based on technology, the Nasdaq was up overnight, closing with a +0.19% gain or +27.83 points.

  • Tesla (TSLA) moving -1.16% or -7.96 dollars,
  • Apple (AAPL) moving +1.15% or +1.55 dollars,
  • Amazon (AMZN) moving +0.12% or +4.25 dollars per share,
  • Microsoft (MSFT) moving +1.00% or +2.68 dollars per share,

ASX Today

This morning, the Australian stock market is projected to start Wednesday Higher. The ASX 200 is predicted to open the day 33 points or 0.46 percent higher today, according to the latest SPI futures.

Previous Day ASX Wrap Up (LInk here)

Due to recent COVID lockdowns, Kathmandu $KMD declined 4.1 percent on earnings and sales downgrades

Australian stocks finished barely 6 points or 0.08 percent lower, with the S&P/ASX200 closing at 7,301, far off session lows. At its session lows, the index was down 0.6 percent, or 66 points. Banks, IT, and health all improved, but losses in energy, materials, and utilities were the most significant.


CryptoCurrency

Bitcoin: US$35,799.41 +4.06% in 24hrs (Taken from Coindesk data),
Ethereum: US$2,175.73 +3.69% in 24hrs (Taken from Coindesk data),
Dogecoin: US$0.262597 +2.37% in 24hrs (Taken from Coindesk data),


What stocks to watch today

The stocks to watch for the ASX today are yesterday’s best gainers; these are listed on our daily wrap-up of each trading day. For a wrap-up of the previous trading, day Gainers click here.


Day trading Thread Now Open – June 30th

Each trading day, we feature breakfast from around the world as we discuss which trading opportunities present themselves. Today we discover traditional North Korea’s food. Click here to post your thoughts.


Trading Halts

Companies listed below are currently in a trading halt and are expected to resume trading within the next few trading days:

Wednesday

Zinc of Ireland (ASX:ZMI) – acquisition and capital raising
Mako Gold (ASX:MKG) – acquisition
Elixinol (ASX:EXL) – acquisition update
IODM (ASX:IOD) – revenue signing
TerraCom (ASX:TER) – bond maturity
TNT Mines (ASX:TIN) – capital raising
EP&T Global (ASX:EPX) – contract award

Thursday


Sayona Mining (ASX:SYA) – court decision on NAL bid
rhipe (ASX:RHP) – control transaction
Leigh Creek Energy (ASX:LCK) – DL E&C agreement
Applyflow (ASX:AFW) – capital raising
Andromeda Metals (ASX:ADN) – capital raising


Commodities

CommodityLastOpenMov%Units
Brent Crude Oil 74.8476.10.28%USD/BBL
Crude Oil 73.3973.980.73%USD/BBL
Iron ore220.52170.23%USD/MT
Palladium2,680.692,637.10-0.38%USD/t oz
Coal125.25124.870.93%USD/MT
Uranium32.2532.6-0.46%USD/LBS
Gold1,762.151,781.10-0.84%USD/t oz
Copper4.274.28-0.23%USD/t oz
Silver25.7826.1-1.19%USD/t oz
Nickel18,27918,424-1.32%USD/t oz
Data taken from IRESS

Other News

  • Bondi will be the largest COVID cluster in NSW to date. Here’s how it stacks up against other outbreaks. – ABC
  • As the state enters its first full day of lockdown, a Queensland healthcare worker spreads Covid-19. – News
  • Lockdown measures put in place in NSW, WA, NT and Queensland as COVID 19 cases grow across the nation. – SMH
  • COVID-19 Delta strain has been confirmed in a Brisbane hospital worker. – ABC
  • New coronavirus exposure locations in Sydney include Domino’s and 7-Eleven. News
  • As mask-wearing becomes mandatory in Queensland, two more local cases have been reported. – News
  • Coogee South Primary School has four children who have tested positive. – News
  • NSW bracing for more cases as Scott Morrison to call urgent cabinet meeting. – News
  • In China, Tesla is recalling roughly 300,000 cars due to a cruise control safety problem. – 9 News
  • Years before the building in Florida collapsed, an engineer voiced concerns about serious structural deterioration. – 9 News

That is this morning’s ASX wrap-up; as always, stay safe and happy trading.

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