Everything you need to know before the ASX opens
Good morning! Here’s everything you need to know before the ASX flings open its doors and begins trading today.
Stockhead
BTR pens in gold reserves at Laverton
Brightstar Resources’ maiden ore reserve for its Second Fortune and Fish underground mines has significant potential for further growth.
X2M ramps up water monitoring in Korea
X2M has scored $1m of water monitoring contracts in South Korea, bringing total contract value in the country to $5.5m.
NUZ eyes commercial potential of liquid ALS treatment
Neurizon Therapeutics has developed a liquid version of its ALS treatment drug with the goal of improving the patient experience as the disease progresses.
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Lynas goes heavy, but merger talk mellows
Lynas CEO Amanda Lacaze says time is not right for a mega merger with MP Materials, which would create a “western champion” for rare earths.
Instos back lithium revival
A new report suggests institutional investors back lithium to recover from recent lows and miners and explorers position for the recovery.
Banking stock rally pushes ASX back into green
The ASX was struggling at midday, but soft CPI readings fuelled a banking stock rally to tip the market back into the green by end of trade.
UBS upgrades ASX healthcare to ‘best performer’ status
Broker UBS believes the three-year rout of ASX healthcare stocks is near an end and it has promoted Cochlear and Resmed to favourite stocks.
ASX edges higher in cautious open
The ASX 200 lifted just 0.05pc in the first hour of trade, despite full percentage point gains in international markets overnight.
TAR expands exploration efforts at Thowagee
Taruga Minerals is expanding its exploration plans at the newly acquired but historic Thowagee lead and silver project.
REE invests in Kenyan students
RareX will support Kenyans studying in the critical minerals field through a scholarship agreement with Curtin University in WA.
Ovanti taps ZIP leader for US growth
Ovanti has appointed Zip Co’s Peter Maher as CEO of the fintech’s US BNPL division as well as its US payments and embedded finance businesses.
Soft CPI lifts banks, DroneShield soars
The ASX fizzled after a fast start, with banks up on soft CPI, miners down on iron ore and DroneShield rocketing on a record deal.
GRV prepares for uranium drilling at Oasis
Greenvale Energy is awaiting permitting and approvals to start maiden uranium drilling at its Oasis project in Queensland.
Original URL: https://www.heraldsun.com.au/business/stockhead/page/3