ASX today – wrap up, ASX markets fall as infant formula rises, and RBA holds the policy

ASX today – wrap up, ASX markets fall as infant formula rises, and RBA holds the policy

ASX today – wrap up, ASX markets fall as infant formula rises, and RBA holds the policy

Good afternoon! Here is a quick summary:

The S&P/ASX 200 fell for the second day, closing the day in the red with a fall of -0.27% or -19.00 points. At the same time, the RBA continues to keep rates the same. Baby formula was hot today, with BUB.ASX and A2M.ASX surging based on China’s newly announced three-child policy.

(Recap From 1st June Rise & Shine)

US Exchange Closed Memorial day

(The Recap) The Dow Jones moved higher with a +0.19% move or +64.81 points and the S&P 500 followed with a +0.077% gain or +3.23 points overnight. The Nasdaq, Based on technology, down +0.091% overnight or +12.46 points. This may impact local tech stocks today. Visit our Live Tracker here.

Tesla (TSLA) down overnight with a -0.89% loss or -5.63 dollar,
Apple (AAPL) Shares down overnight with a -0.53% drop or -0.67 dollars,
Amazon (AMZN) red overnight with a -0.22% drop or -7.04 dollars per share,
1847 Goedeker Inc (GOED) highest loser overnight with a -70.02% drop or -4.25 dollars,
Vertex Energy Inc (VTNR) the highest gainer overnight with a +95.74% gain or +3.82 dollars per share.

(Recap From 1st June Rise & Shine)

ASX Markets

On Tuesday, the Australian stock market is expected to fall.  According to the latest SPI future, the ASX 200 is forecast to open the day 43 points lower, or 0.6 percent down. This is even though the US and UK markets are closed for the holidays.

Today on the ASX Wrap up:

  • Reece Limited (REH.ASX) Moving the highest today with a +3.22% move and closing to $21.140 per share.
  • TPG Telecom (TPG.ASX) Biggest loser today, declining -1.73% and closing to a price of $5.120 per share.
  • Afterpay Limited (APT.ASX) up today, moving +0.24% and closing to a total of $93.00 per share.
  • Xero Limited (XRO.ASX) down today with a -0.78% loss and closing to a total of $131.620 per share.
  • Qantas Airways (QAN.ASX) remained the same, closing to $4.710 per share.
  • Commonwealth Bank (CBA.ASX) down today with a -0.26% move closing to $99.460 per share price.
  • For those who would like to understand mining grades, we have created a handy printout guide. Click here.

Financials Sector

Today the Financials sector weighed down the market. The XFJ trimming -0.72% today with the biggest losers being:

  • IOOF Holdings Ltd (IFL.ASX) down the most today with a -2.53% loss and closing to a price of $3.850 per share.
  • Credit Corp Group Ltd (CCP.ASX) second-biggest loser today with a -1.76% loss and closing to a price of $28.420 per share.

Commodities

  • Brent Crude Oil up +1.44% to a total of $70.30 USD/BBL (Taken from IRESS data).
  • Iron Ore up +4.13% to a price of $201.5 (USD/MT) (Taken from IRESS data).
  • Uranium up +0.32% today, closing to a price of $31.40 (USD/LBS)(Taken from IRESS data).
  • Gold on the ASX Market Wrap up, Gold lifted +0.4% to a price of $1,915.58 (Taken from IRESS data).
  • Copper up +5.17% closing to a price of $4.68 (USD/lb)(Taken from IRESS data).
  • Silver up +0.96% to a price of $28.35 (USD/t)(Taken from IRESS data).
  • To Keep up with the latest news and Commodity Prices, make sure to check out our News Ticker Here.

Trading Halts (Tuesday)

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

Odyssey Gold (ODY.ASX) – capital raising
Genetic Technologies (GTG.ASX) – COVID19 test update
Latin Resources (LRS.ASX) – JORC resource
Traka Resources (TKL.ASX) – price query

Trading Halts (Wednesday)

Artemis Resources (ARV.ASX) – capital raising
Synertec (SOP.ASX) – business update
Wisr (WZR.ASX) – capital raising
NSX (NSX.ASX) – capital raising
Invoin (IVX.ASX) – transaction
ReNu Energy (RNE.ASX) – capital raising
Peregrine Gold (PGD.ASX) – exploration results
Surefire Resources (SRN.ASX) – drilling results
Estrella Resources (ESR.ASX) – exploration results
Valor Resources (VAL.ASX) – exploration results

DB Stock Forum 2.0

Due to feedback received, we have now re-designed our new DB Stock Forum 2.0. Our first forum had some issues; since then, we have created a new forum that is easier to use and faster. We are in the process of merging the users onto our new forum. However. For those who haven’t yet signed up for free. Feel free to create an account by clicking here

CryptoCurrency

Bitcoin soared back above $40,000 for the first time this week on Wednesday before slipping off its highs, as the cryptocurrency market’s recent volatility showed no signs of abating.

Bitcoin: US$36,820.26 up +2.63% in 24hrs (Taken from Coindesk data),
Ethereum: US$2,651.07 up +8.28% in 24hrs (Taken from Coindesk data),
Dogecoin: US$0.330226 up +8.37% in 24hrs (Taken from Coindesk data),
Cardano: US$1.72 up +5.90% in 24hrs (Taken from Coindesk data).
Stellar: US$0.399417 up +1.78% in 24hrs (Taken from Coindesk data).

Other News

  • In a shooting outside a US concert, two people were murdered and more than 20 were injured. – 7 News
  • In a huge shift, China has announced a new three-child policy. – News
  • Second aged care facility in Melbourne is in lockdown after a worker tested positive for COVID 19. – News
  • During a trip to New Zealand, Scott Morrison alluded to a Pacific travel bubble. – News
  • Authorities in Victoria have added dozens of new exposure sites as they look for the source of the mystery case.’ – 9 News
  • As flooding rages through New Zealand’s South Island, residents in Canterbury have been forced to flee their homes. – 7 News
  • Our Facebook group has grown substantially! Don’t miss a thing. Join the FREE group here.

Understand Mining Grade Results

A company has just released an announcement with base metal findings, energy, fertilizers, or precious metals in most scenarios. But you are left unsure whether the announcement is even good news or bad news! The team at DavidBeshay has created an easy guide for you to print out and track if a company has released good or bad grades to help you invest. Click the image below:

Today’s Biggest Nano – Mid Cap Gainers

Post market we provide an update with the market movers above 5% (nano – mid market cap)

Nano-Cap ASX Gainers– Above 5%

Today’s ASX Market Wrap up in the Nano ASX Cap gainers. APG finished today up +100% with a market volume of just over ~1.2 million shares traded.

CodeLastOpenMov%MktVol
APG0.20.2100%1,263,700
CIO0.70.655.55%1,206,000
CYQ0.150.150%3,243,296
RNX0.80.633.33%211,111
MHI9828.57%182,065
GES1.41.227.27%669,920
HNR0.750.625%9,055,711
WOO0.250.225%4,868,293
MTC23.52823.68%63,818,580
VN814.513.520.83%6,110,016
MEG1614.518.52%48,469
GSM16.51417.86%1,909,390
PUA2.1216.67%7,063,204
TYX0.70.716.67%8,104,066
KNM0.70.716.67%1,800,000
KEY0.350.3516.67%700,000
GGX0.350.316.67%670,006
AMD0.70.716.67%2,445,142
STK3.12.714.81%6,294,903
AX84.74.314.63%130,200
RAN1.61.414.29%853,312
TRM3.3313.79%118,181
WEL2.62.313.04%6,205,064
AD14.44.112.82%847,382
MTB0.90.812.50%611,111
CMD1.81.812.50%470,966
DM1807211.89%407,248
CFO1.91.811.76%27,739,777
WSR2018.511.11%183,160
SER6.15.510.91%301,975
DTM15.514.510.71%234,779
AUR6.3610.53%179,200
SGI9.58.610.47%272,925
SIS3.2310.34%185,000
HXL18.518.58.82%1,081
JPR3.83.68.57%30,000
SI61.31.28.33%13,319,562
EFE1.31.28.33%12,229,365
A1G27.526.57.84%186,000
DLC0.70.657.69%5,000,000
DAF5.75.77.55%21,550
TZL14.513.57.41%238,473
CAV0.750.757.14%350,000
CXM6.15.87.02%62,280
KMT3.136.90%3,361,888
SUP15.515.56.90%49,596
A1M31316.90%1,010
ECG3.23.36.67%5,483
BIR1.61.66.67%72,131
SIX87.56.67%271,293
DTRDA886.67%226,250
EPN16.515.56.45%535,007
VMC20.7520.56.41%55,900
SFM10106.38%10,000
AUL3433.56.25%627,838
A8G1716.56.25%165,063
WCN1.71.66.25%6,985,699
THR1.71.76.25%15,030,037
PRM1.71.86.25%43,538,687
ADX0.850.86.25%4,087,846
PRS17.5176.06%569,980
NUC52.5506.06%31,708
MRG17.5176.06%25,091
DEX44436.02%88,839
HYD1817.55.88%284,108
BTC7.47.35.71%18,400
MM828265.66%388,760
SRJ19.5205.41%5,468
SLZ29.528.55.36%1,366,070
TRL43.85.26%141,352
NNG20195.26%127,243
MAT8.27.85.13%600,000
PVL10.5105%58,570
TML6.36.35%12,401

Micro-Cap ASX Gainers– Above 5%

Today micro-cap gainers. CAD moving the highest with a +30% gain on closing today and a total share volume of just over ~70 million shares traded today.

CodeLastOpenMov%MktVol
CAD1.31.130%70,252,503
DEV52.54123.53%7,786,312
IRD28.524.518.75%3,539,633
TNG6.55.818.18%5,999,498
TTM12.51113.64%2,109,207
MAN2521.513.64%15,862,422
ASO2219.512.82%20,002,497
BIS111.511011.50%9,621
GGG9.99.311.24%23,731,729
NAG7.16.410.94%205,482
LSA3.22.910.34%29,083,891
LCY1.651.610%5,632,046
CNB3936.59.86%1,509,462
PYG48489.09%1,940,226
AGD18189.09%350,787
PDZ25248.70%5,000
QPM13.512.58%14,201,857
AQI13.5138%907,935
WWI9.79.17.78%18,684,666
RAP5.65.37.69%2,116,028
AON109.57.53%169,820
KLL21.5217.50%2,253,823
NUH4.44.17.32%5,269,419
TPD0.750.87.14%4,026,093
AVA38.5406.94%1,951,296
FHS4.74.46.82%3,605,504
SVY56.5526.60%955,003
FGR24.524.56.52%199,544
NUS33336.45%67,597
NOV66626.45%1,585,277
ARU16.5166.45%3,892,669
SRK25246.38%246,942
SDV85816.25%127,092
AR925.5246.25%8,140,912
ADR1.71.86.25%7,150,553
KAI3.53.46.06%11,398,091
GNP10095.55.82%226,858
PX173725.80%46,990
KPG2602525.69%11,306
RZI1401345.66%99,606
EXP28275.66%184,465
AUZ1.91.85.56%12,270,228
AME9.79.35.43%2,070,095
STN49475.38%255,521
OEL115.26%12,265,977
AVL225.26%11,470,247
MOQ20205.26%140,000
ICQ3029.55.26%169,289
TPC4204195%1,500
MYE84805%185,792

Small-Cap ASX Market Gainers – Above 5%

Today small-cap gainers. BUB moving the highest with a +22.39% gain on closing today and a total share volume of just over ~24.4 million shares traded today.

CodeLastOpenMov%MktVol
BUB413522.39%24,433,859
EXR2723.514.89%6,495,338
LEG1312.513.04%7,246,168
IFM153140.512.92%2,425,139
ABB2702498.87%2,803,687
SM13052908.54%125,969
LOT21.5207.50%3,157,478
SST9459457.39%1,044
CVV55526.80%769,383
AIS17166.25%5,903,977
RED17.5176.06%2,211,006
PYC1817.55.88%1,622,274
ASM5024835.68%599,376
JRV61575.17%1,263,910
NCZ20.5215.13%8,810,869
ORR84805%80,870

Mid-Cap ASX Market Gainers – Above 3%

Today mid-cap gainers. PPK moving the highest with a +7.55% gain on closing today and a total share volume of just over ~227 thousand shares traded today.

CodeLastOpenMov%MktVol
PPK161015017.55%227,776
WHC166.51595.71%14,020,023
MP1154515003.07%1,004,846

That is today’s afternoon ASX wrap up, as always safe and happy trading.

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