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The ASX200 is set to trade flattish today with a mixed night on Wall Street, itself currently absorbing myriad big-name financial earnings updates.
ASX200 futures were up 0.04 per cent near 8:30 am AEDT.
It’s that time of year where both Australia and the US share big catalyst earnings season events, with the half-FY24 earnings season now upon the ASX, too.
Sometimes you see the ASX200 actually go in its own direction for more than one day in a row.
Commonwealth Bank reports on Valentine’s Day.
The result will be a good one to watch – given the current surge in its share prices YTD, a worse-than-expected outcome or guidance could turn the ship around.
That would have implications for the entire ASX200 index, given the size of CBA relative to the index during this current period of low trading volumes.
Or can the sheer appeal of CBA as a safe, stable and patriotic place to put your money continue to hold it down amongst its shareholders?
Not a single broker in the country is currently telling clients to buy the stock (that we know of here at The Market Online, anyway).
Curious times.
Here’s what stocks are catching eyes this morning:
Dreadnought Resources (ASX:DRE) has updated on its Central Yilgarn project.
The Geotech team has been busy and has come up with solid leads for 2024.
No less than seven “camp scale” gold prospects are now logged at Central Yilgarn.
Shares last traded at 1.9 cents.
Barton Gold (ASX:BGD) has updated on work at Tunkillia.
The company provided an update on its Area 51 target.
Geotechs report shallow high-grade mineralisation in infill drilling assay results.
Shares last traded at 25.5 cents.
Meanwhile, Telix Pharmaceuticals (ASX:TLX) has issued an update on its acquisition strategy.
The company has acquired an entity called QSAM.
QSAM has a bone cancer targeting platform among its IP.
Shares last traded at $11.86.
Brookside Energy (ASX:BRK) has released a development plan.
The document relates to the Flames-Maroons oil well assets near the Permian Basin, USA.
Several drilling ops on-site are to imminently begin as the oil producer continues to develop its landholdings.
Shares last at 1.1 cents.
And, Torque Metals (ASX:TOR) has released its goals for the New Dawn lithium project.
The company has inked a new exploration target.
Lithium prices remain down at levels around 80 per cent YoY.
Shares last traded at 20.5 cents.
