hello and welcome back i'm rachel and you're watching calgary tv live from sydney this is
the stocks in action show let's have a look at the asx 200 and the asx listed stocks that are
trending today yesterday asx indices settled in the black as markets are consolidating in a range
with positive sentiments notably asx 2200 surged by 0.15 percent to 43.2 the esx 200 increased by
two two percent to seven thousand and forty five point nine zero also the asx 100 moved up by 0.19
moving forward any other economy-related data could decide the further movement of
the equity markets today the s p s x 200 is gaining 44.60 points or 0.63 to 7090.50
the top performing stocks in this index are hub 24 up 4.99 and nuex up 4.53 over the last
five days the index has gained 0.35 percent and is currently 1.15 off its 52-week high
10 of 11 sectors are higher with the s p s x 200 index information technology is the best
performing sector gaining 1.77 and 6.33 for the past five days on that note let us quickly glance
through some major market movements globally all benchmark u.s indices closed higher on monday may
the 24th lifted by technology and cyclical stocks as investors kept their inflation worries aside
to focus on opportunities from the reopening of the economy the s p 500 gained 0.99 to 4197.05
the dow jones industrial average rose 0.54 percent to 34 393.98
the nasdaq composite index ticked up 1.41 to 13 661.17 the small cap russell 2000 added 0.54
to 2227.34 investors pulled back in recent days amid a rise in consumer prices and concerns over
labor shortage markets remained volatile although there were signs of strong recovery in the u.s
economy technology consumer cyclicals and real estate were among the top performers on the s p
500. twitter was up 4.79 tesla gained 4.4 percent google's parent company alphabet surged 2.63
while facebook and microsoft added 2.66 and 2.29 respectively the energy segment also
saw significant traction after oil prices rose more than one dollar per barrel cryptocurrencies
gained in monday's session helping to pair some losses from last week's decline
the digital coins had pulled back after china's crypto ban on financial institutions
the 30-year treasury bond yields were down 1.31 to two point three zero three while the ten year bond
yields decreased one point six eight percent to one point six zero five u.s dollar futures index
was slightly down point two zero percent to 89.83 gold futures were up 0.26 to 1881.55
us cents per ounce silver increased 1.40 to 27 and 87 cents per ounce while copper was up 1.16
to 4.53 moving on to the crude oil space crude oil prices jumped on monday from the last week's low
amid increased economic optimism and worldwide strong energy demand brent crude all futures for
august delivery traded 0.18 down at 68.28 cents a barrel whereas july delivery wti crude oil futures
traded at 65.92 cents a barrel 0.21 down as of the 25th of may at 11 minutes past 10 australian
eastern standard time better than expected may market manufacturing purchase managers index data
from the us uk and europe have indicated robust energy demands supporting the oil prices market is
a british american research firm however the oil's rally is likely to be moistened in the future due
to the oversupply of crude oil by iran amid the possible easing of sanctions on the country by the
u.s a step to revive the 2015 nuclear deal adding to that subdued energy demand in asian countries
due to ongoing lockdowns is also a matter of concern which can ease the oil's bull run
well it's time for a very short break but please stay tuned i'll be back very shortly
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hello and welcome back i'm rachel and you're watching calkin tv live from sydney this is
the stocks in action show let's have a look at some major news from asx listed companies now
the healthcare sector along with the industrial sector and mining will be dominating this
stocks in action session let's have a look at the first big news tesoro resources on the 25th of
may shared upbeat assay results from extensional and resource definition drilling from the tenera
gold deposit at the company's al zorro gold project in chile results have been received
for 11 drill holes at tanana in total tessero has drilled 150 diamond drill holes at el zorro for 47
208 meters and essays remain outstanding for 35 holes moving on to the next news now paradigm at
biopharmaceuticals has received a written feedback regarding the investigational new drug submission
for its pivotal study evaluating the palliative performance scale in knee osteoarthritis the
food and drug administration's feedback mainly featured questions relating to recently completed
non-clinical studies the agency also provided its suggested mitigation strategies to address
its positions and questions which include further detailed clinical monitoring paradigm will respond
to the fda queries within 30 days a review from the response from the fda will be due meanwhile
this asx listed stock is in the news today infra till they today announced offering unsecured
unsubordinated fixed-rate infrastructure bonds for new zealand investors the interest rate is fixed
at 3.60 per year for the entire bond term bonds are to be quoted on the new zealand debt market
bond offering is up to 50 million new zealand dollars with a maturity date of the 15th of
december 2027 a further 50 million new zealand dollars of over subscriptions is allowed at
infra trill's discretion the offer comprises a general offer to all investors in new zealand
and an exchange offer for holders of the ift 220 bonds the mature on the 15th of june 2021
to exchange maturing bonds the exchange offer will close on the 10th of june this year and
the general offer on the 30th of june this year infertile may elect to complete the offer earlier
moving on now asx listed firm the simic group shared reports that its cpb contractors and ugl
have been selected by the government of new south wales to produce stage 1 of sydney's m6 motorway
the design and construct contract would generate revenue of approximately 1.95
billion dollars to the cimic group companies it should be noted that the 2.5 billion dollar
m6 stage 1 will connect sydney south to the city's more comprehensive motorway network this will
improve journey times by decreasing the congestion and redirecting huge trucks from local streets
meanwhile this asx listed stock is in the news today csr resources has started an rc drilling
campaign of up to five thousand meters on seven priority targets along the salt creek shear
in gulawa greenstone belt in western australia's midwest region all the targets cover a curve in
the regional share where the geophysical responses outline a variety of favorable sites for goal
deposition the drilling campaign is likely to be fully accomplished in around six weeks that's all
from me for now stay tuned with calkin tv for more live market updates we'll be back with more news
on the markets the economy and diverse themes and sectors very soon i'm rachel signing off for now