Planet Green Trades 16% Higher
Planet Green Holdings Corp. (PLAG) shares are trading more than 18 percent on Tuesday morning, continuing an uptrend since yesterday. There were no corporate announcements from the company on the day to impact the stock movement.
Currently, shares are at $1.33, up 16.52 percent from the previous close of $1.15 on a volume of 4,952,986. For the 52-week period, the shares have traded in a range of $1.09-$3.50 on average volume of 68,539.
Gold declines ₹54, silver tumbles ₹573 on global cues
In the previous trade, gold had settled at ₹45,134 per 10 gram.
Gold prices declined by ₹54 to ₹45,080 per 10 gram in the national capital on Tuesday in line with weak global cues, according to HDFC Securities.
In the previous trade, the precious metal had settled at ₹45,134 per 10 gram.
Silver prices declined sharply by ₹573 to ₹58,961 per kg from ₹59,534 per kg in the previous trade.
In the international market, gold was trading lower at $1,743 per ounce and silver was flat at $22.37 per ounce.
"The rise in US bond yields have pressured gold prices to trade weak," according to HDFC Securities, Senior Analyst (Commodities), Tapan Patel.
Navneet Damani, VP – Commodities Research, Motilal Oswal Financial Services said, "Gold prices eased, hurt by a stronger dollar and a sharp uptick in US Treasury yields, while investors awaited more cues from Federal Reserve officials on the central bank’s monetary policy shift."
European Economics Preview: UK Public Sector Finance Data Due
Public sector finances data from the UK is due on Tuesday, headlining a light day for the European economic news.
At 2.00 am ET, the Office for National Statistics releases UK public sector finance data for August. The budget deficit is seen at GBP 15.6 billion versus GBP 10.4 billion in July.
In the meantime, Swiss foreign trade data is due for August.
At 3.30 am ET, Riksbank is set to announce its interest rate decision. The bank is expected to hold its key rate at zero percent. Also, Sweden unemployment data is due.
At 6.00 am ET, the Confederation of British Industry releases UK Industrial Trends survey results. The order book balance is seen at 15 percent in September versus 18 percent in August.
At 8.00 am ET, Hungary’s central bank announces its interest rate decision. Economists expect the bank to hike its key rate to 1.75 percent from 1.50 percent.
Pre-market Movers: PLAG, ZIVO, IPW, FEIM, FAMI…
The following are some of the stocks making big moves in Tuesday’s pre-market trading (as of 5.45 A.M. EDT).
In the Green
Planet Green Holdings Corp. (PLAG) is up over 41% at $1.63
ZIVO Bioscience, Inc. (ZIVO) is up over 26% at $5.46
iPower Inc. (IPW) is up over 19% at $5.50
Frequency Electronics, Inc. (FEIM) is up over 18% at $11.28
Farmmi, Inc. (FAMI) is up over 16% at $0.28
NeuroBo Pharmaceuticals, Inc. (NRBO) is up over 15% at $4.38
Puxin Limited (NEW) is up over 15% at $0.61
Sarcos Technology and Robotics Corporation Common Stock (STRC) is up over 11% at
China Liberal Education Holdings Limited (CLEU) is up over 7% at $2.11
In the Red
Paltalk, Inc. (PALT) is down over 11% at $4.79
Red Cat Holdings, Inc. (RCAT) is down over 11% at $3.17
Newpark Resources, Inc. (NR) is down over 11% at $2.95
Logitech International S.A. (LOGI) is down over 7% at $89.93
Aehr Test Systems (AEHR) is down over 7% at $13.99
Matinas BioPharma Holdings, Inc. (MTNB) is down over 6% at $1.38
ECB shouldn't overreact to temporary inflation spike, Lagarde says
- "The key challenge is to ensure that we do not overreact to transitory supply shocks that have no bearing on the medium term," European Central Bank President Christine Lagarde said Tuesday.
- Lagard said she sees no sign that a recent spike in prices was becoming "broad-based" across the euro zone economy.
European Central Bank President Christine Lagarde continued play down inflation worries on Tuesday and warned against overreacting to a temporary spike in prices.
"The key challenge is to ensure that we do not overreact to transitory supply shocks that have no bearing on the medium term, while also nurturing the positive demand forces that could durably lift inflation towards our 2% inflation target," she told an ECB conference.
"We will only react to improvements in headline inflation that we are confident are durable and reflected in underlying inflation dynamics," she said.
"We see no signs that this increase in inflation is becoming broad-based across the economy."
North Dakota's 'Flying Farmer' wrecks car during daredevil jump
Daredevil in semi shatters truck jump record
Vehicle flies 166 feet through air in Montana
A North Dakota daredevil known as the “The Flying Farmer” will undergo surgery on Monday after crashing his car during a jump on Saturday.
John Smith, known as the Flying Farmer, crashed his Chevrolet Caprice while attempting a jump in Makoti, N.D.
John Smith, 57, corkscrewed his Chevrolet Caprice as it drove off a ramp in a gravel pit in Makoti in front of a crowd of around 300 spectators.
According to the Bismarck Tribune, Smith suffered “a huge slash” in his arm and has been in intensive care since the accident.
Smith was competing against his son, Brian, 34, to see who could jump their car the farthest.
The younger Smith successfully completed a 90-foot-jump before his father crashed and emergency crews used the Jaws of Life to extricate him from the vehicle.
Smith’s antics are known statewide and he has performed over 100 jumps since the 1990s, but Saturday’s was his first since 2016, when he jumped a burning trailer.