ASX small caps

All the news about small cap stocks on the Australian Securities Exchange (ASX) - before they become big caps! NB: RTs not endorsements & do your own research.

[CommSec @CommSec]

Looking Ahead: In the US, the unemployment rate for May will be released, as well as non-farm payrolls from last month. #ausecon

[CommSec @CommSec]

The ASX is set to rise at the open, with index futures +0.4%. It follows a mixed night on Wall Street, with the Dow hitting record highs, but a chip maker sell-off weighed on the Nasdaq. The Dow was +1.7%, the S&P 500 +0.4% and the Nasdaq -0.1%. #ausecon

[Financial Review @FinancialReview]

Retail is one of the few sectors on the ASX to have posted a positive return in the past month, but not everyone is convinced the stocks are about to rip. https://t.co/Mgv8pmZZ4i

[Financial Review @FinancialReview]

By slapping a 30 per cent tax rate on standard investment returns, the budget has turned the First Home Super Savers Scheme into the stand-out way to save a home deposit. https://t.co/Mc0E5EihVI

[Stockhead @StockheadAU]

With a structural deficit widening for copper, small explorers are among the ASX’s top performers. Those chasing strategic metals like tungsten are also winners amid the US and European drive for sovereign materials and processing power.

https://t.co/ApHZZgacba

[Stockhead @StockheadAU]

It's Hammer time for future copper; high-grade hits at Shafter give Black Bear Minerals a possible multi-commodity footprint in Texas; Nexus Minerals wins as momentum builds for Wallbrook gold.

https://t.co/UFsludaeGc

[CommSec @CommSec]

Aussie shares fell on Thursday, weighed by a sell-off in miners amid ongoing Middle East uncertainty. The #ASX200 dropped 100pts or 1.1% to 8,686. Six of 11 sectors declined, led by materials (-3.2%), while utilities (+1.3%) and consumer staples outperformed.

[CommSec @CommSec]

In the US, there are weekly jobless claims, and Jim Beam maker, Brown-Forman, will be releasing earnings results. #ausecon

[CommSec @CommSec]

Looking Ahead: In Australia, the goods trade balance for April is out. The RBA Governor Michelle Bullock will also be testifying before the Senate on the federal budget. #ausecon

[CommSec @CommSec]

The ASX is set to tumble at the open, with index futures -0.9%. It follows fresh Iran fighting that sent oil prices +1.9% and overseas stocks lower, with the S&P 500 -0.7% and the Nasdaq -0.9%. #ausecon

[Geoff Wilson @GeoffWilsonWAM]

Every Australian must make a submission to stop the new CGT which will destroy the Australian economy. Strong submission below 👇
Completely agree axing the CGT discount for pure inflation indexation will punish productive investment and hurt all Australians.
Deadline is next Tuesday 9th. Do your submission now!

[Financial Review @FinancialReview]

The government has work to do to explain why a tech founder and a passive property investor should face the same treatment. https://t.co/qJDMzvEBBY

[Financial Review @FinancialReview]

New data released by the ABS showed Australia’s economy was already slowing before being hit by the fallout from the Middle East war and interest rate hikes. https://t.co/YRSkLdd0wh

[Stockhead @StockheadAU]

Iron Bear Resources is pushing to fast-track one of the world's largest undeveloped iron ore projects.
#ASX #mining #miningnews $IBR
https://t.co/g3PlK2O2XW

[Stockhead @StockheadAU]

The S&P/ASX Healthcare Index fell 9.15% in May and remains the weakest sector year-to-date, while the Nasdaq Biotech Index rose 2.2%for the month. But Morgans reckon the sell-off could create opportunities for stock pickers. #ASX #healthcare https://t.co/517Ne2KukG

[Stockhead @StockheadAU]

Cygnus Metals moved higher on $232m takeover offer, whist 49 Metals struck high-grade gold in Nevada. EQ Resources, Atomic Eagle and Middle Island Resources also gained.

#asx #gold #copper #tungsten #uranium

$CY5 $49M $EQR $AEU $MDI

https://t.co/Peex4pfkG0

[Shane Oliver @ShaneOliverAMP]

Aust Q1 GDP +0.3%q/2.5%y, Dec qtr revised up to 0.9%. Public spending was flat & trade cut 0.8%pts due to data centre imports & weather. But priv demand was solid (cons +0.5%, housing 0.7% & eqp inv 16%). Productivity just 0.3%y. Hhold saving fell. Unlikely to alter RBA thinking.

[CommSec @CommSec]

Aussie shares rose on Wednesday after softer-than-expected GDP growth boosted hopes of a pause in rate hikes. The #ASX200 gained 61pts or 0.7% to 8,786. Six of 11 sectors advanced, led by energy and miners, while tech eased after two sessions of strong gains.

[CommSec @CommSec]

Tech shares again powered the S&P 500 and Dow to fresh record highs. The Dow was +0.5%, the S&P 500 +0.1% while the Nasdaq was flat. Semiconductor stocks rose 1.8% after Nvidia's CEO proclaimed Marvell Technology to be the next trillion-dollar company - Marvell shares soared 33%.

[CommSec @CommSec]

Looking Ahead: In Australia, March quarter GDP is scheduled today. CBA economists expect GDP of 0.0% in 1Q26, and for the annual rate to decelerate to 2.1% from 2.6% in 4Q26. In the US, Broadcom is also scheduled to report its results. There are also ADP non-farm payrolls.