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06/08/2021- Morning Note

    Home Stockbroking & Research Morning Notes 06/08/2021- Morning Note
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    06/08/2021- Morning Note

    By Jonas Dorling | Morning Notes | 0 comment | 6 August, 2021 | 0

    Key News Overnight:

    The Nasdaq and S&P 500 closed at record levels on Thursday after a spate of strong corporate earnings and a further decline in U.S. unemployment claims last week, as investors weighed concerns of the surge of the Delta variant ahead of Friday’s job’s report. The Dow Jones Industrial Average rose 272 points, or 0.8%, to 35,064, the S&P 500 gained 26 points, or 0.6%, to 4,429 and the Nasdaq Composite added 115 points, or 0.8%, to 14,895.

    In This Issue:

    Austal (ASB) | Wins SEC West contract | BUY | Analyst | Ian Christie

    Family Zone (FZO) | Capital raise and acquisition | Research restricted

    Bardoc Gold (BDC) | Diggers Site Visit | Speculative Buy | Royce Haese

    Hot Chili (HCH) | $40M Funding arrangement | Speculative Buy | Analyst | George Ross

    K2Fly (K2F) | 5-year Alcoa Tailings Solution contract

    Vital Metals (VML) | Nechalacho ramping up | Not Covered/No Rating

    Peak Resources (PEK) | Placement, SPP and royalty termination | Not Covered/No Rating

     

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