ASX Today: rise & shine – US markets fall as bitcoin surges above $40,000

ASX Today: rise & shine – Dow falls as bitcoin surges above $40,000

ASX Today: rise & shine – Dow falls as bitcoin surges above $40,000

Good morning and welcome back!

Here is today’s morning wrap up:

US Exchange

The Dow Jones moved lower overnight with a -0.25% move or -85.85 points. The S&P 500 gained overnight, moving +0.18% or +7.71 points. Based on technology, the Nasdaq was up overnight, with a +0.74% gain or +104.72 points.

  • Tesla (TSLA) up overnight with a +1.28% gain or +7.80 dollar,
  • Apple (AAPL) Shares up overnight with a +2.46% gain or +3.13 dollars,
  • Amazon (AMZN) up overnight with a +1.11% gain or +37.04 dollars per share,
  • Microsoft (MSFT) up overnight with a +0.78% gain or +2.00 dollars per share,

Post your thought on our new DB Stock Forum – Sign up free here.


ASX Today

This morning, the Australian stock market is projected to start Tuesday higher. The ASX 200 is predicted to open the day 57 points or 0.78 percent higher, according to the latest SPI futures.

June 11th ASX Wrap Up (LInk here)

On the ASX today, another significant day as the S&P/ASX 200 closed higher than previous trading day close, with a +0.13% gain or +9.80 points. Closing the day at 7,312.3, previously the highest close was yesterday, closing at 7,302.499.

Please note ASX is closed on Monday the 14th of June, due to public holiday.


CryptoCurrency

Traders with a case of FOMO switch from Bitcoin to Meme Stocks. – Coindesk

Bitcoin: US$40,224.11 up +3.36% in 24hrs (Taken from Coindesk data),
Ethereum: US$2,564.99 up +1.64% in 24hrs (Taken from Coindesk data),
Dogecoin: US$0.326501 up +0.24% in 24hrs (Taken from Coindesk data),
Cardano: US$1.56 down -0.29% in 24hrs (Taken from Coindesk data).
Stellar: US$0.340374 down -1.81% 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.

Poseidon Nickel Limited (POS.ASX)


Day trading Thread Now Open – June 15th

Each trading day, we feature breakfast from around the world as we discuss which trading opportunities present themselves. Today we discover a traditional Finland breakfast. 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:

Tuesday

Cashwerkz (CWZ.ASX) – capital raising
Leigh Creek Energy (LCK.ASX) – capital raising
Cobalt Blue (COB.ASX) – fundraising agreement
WT Financial Group (WTL.ASX) – capital raising and acquisition
Magnum Mining and Exploration (MGU.ASX) – off-take agreement
Metalicity (MCT.ASX) – capital raising
Aeris Resources (AIS.ASX) – capital raising
Argonaut Resources (ARE.ASX) – capital raising
Global Health (GLH.ASX) – capital raising

Wednesday

Volt Resources (VRC.ASX) – acquisition
OAR Resources (OAR.ASX) – capital raising
Vection (VR1.ASX) – acquisition transaction
Galena Mining (G1A.ASX) – final investment decision
Gascoyne Resources (GCY.ASX) – acquisition
Firefly (FFR.ASX) – transaction


Upcoming Floats

Monger Gold Ltd – 15 June 2021 12:00PM ##

Listing date15 June 2021 12:00PM AEST ##
Company contact detailshttp://mongergold.com.au/
Ph: (08) 6245 2490
Principal ActivitiesMinerals Exploration
GICS industry groupTBA
Issue Price$0.20
Issue TypeOrdinary Fully Paid Shares
Security codeMMG
Capital to be Raised$6,000,000

OZZ Resources Limited – 15 June 2021 #

Listing date15 June 2021 #
Company contact detailshttps://www.ozzresources.com.au/
(08) 6141 3500
Principal ActivitiesMineral Exploration
GICS industry groupTBA
Issue Price$0.20
Issue TypeOrdinary Fully Paid Shares
Security codeOZZ
Capital to be Raised$5,000,000

Polymetals Resources Ltd – 15 June 2021 11:00AM AEST ##

Listing date29 June 2021 11:00 AM AEST ##
Company contact detailshttps://www.polymetals.com/site/content/
Ph: TBA
Principal ActivitiesMinerals Exploration
GICS industry groupTBA
Issue Price$0.20
Issue TypeOrdinary Fully Paid Shares
Security codePOL
Capital to be Raised$7,000,000

Commodities

  • Brent Crude Oil up +0.19% to a total of $72.95 USD/BBL (Taken from IRESS data).
  • Crude Oil up +0.13% to a total of $71.1 USD/BBL (Taken from IRESS data).
  • Iron Ore price remains at a total of $214 (USD/MT) (Taken from IRESS data).
  • Palladium price down -0.89% to a total of $2,751.32 (USD/t oz) (Taken from IRESS data).
  • Coal down -1.26% to a total of $118 (USD/MT) (Taken from IRESS data).
  • Uranium up +1.08% today, to a price of $32.70 (USD/LBS)(Taken from IRESS data).
  • Gold on the ASX Market Wrap up, Gold decreased -0.45% to a price of $1,866.24 (Taken from IRESS data).
  • Copper down -0.22% to a price of $4.53 (USD/lb)(Taken from IRESS data).
  • Silver remains at a price of $27.86 (USD/t)(Taken from IRESS data).
  • Nickel down -0.29% to a price of $18,204.50 (USD/MT)(Taken from IRESS data).
  • To Keep up with the latest news and Commodity Prices, make sure to check out our News Ticker Here.

Stay connected on Facebook.

Our Facebook group has grown substantially, don’t miss out on sharing your thoughts with others and being a part of the DB team! Click the image on the left to join now.


Other News

  • ‘It makes no difference,’ says an Australian WWII POW on his 100th birthday. – 9 News
  • China has been declared a worldwide security threat by NATO leaders. – 9 News
  • When asked about calling Vladimir Putin a “killer” ahead of their meet, Joe Biden responds awkwardly. – News
  • Australia and Singapore have agreed to collaborate on developing a ‘safe and calibrated’ travel bubble. – ABC
  • ‘No one can guarantee your money,’ says a crypto expert. – Yahoo
  • Our Facebook group has grown substantially! Don’t miss a thing. Join the FREE group here.

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

Want something added to the rise & shine? Leave a comment below.

Learn to invest in yourself before the market:

Leave a Comment

Your email address will not be published. Required fields are marked *

Shopping Cart
Join our FREE ASX Stock Tips Facebook Group

Ge the latest tips direct on your Facebook and find out what stocks are most popular with traders!

Get the latest Stocks Daily newsletters with moving stocks

Discover which stock picks we have chosen to add to our day trading list! Subscribe below 

Scroll to Top