Daily FNArena News

The global legal marijuana market size is expected to reach US$66.3bn by the end of 2025. Growth will be fuelled by increasing legalisation and the growing adoption of cannabis as a pharmaceutical product for treating severe medical conditions, such as cancer, Parkinson’s disease, Alzheimer’s disease, arthritis, and other neurological conditions.

The weather has always been a favourite topic of conversation but it has now assumed an extra, substantial, dimension for investors, Saxo Group asserts.

Some constraints on coal sales to China which weighed on Coronado Global in the December quarter appear to have been alleviated with the initial US/China trade deal.

Michael Gable of Fairmont Equities suggests an index pullback would not upset the uptrend, while Commonwealth Bank is providing a buying opportunity.

Downer EDI has warned profit will be lower in FY20 than previously assumed and brokers wonder whether this will be the last of the downgrades.

While several factors combined to drive the price of graphite higher in the December quarter, brokers remain concerned this may not be enough to pull Syrah Resources out of the woods.

Prospects exist for strong returns from the A-REITs in 2020 but brokers point out the secret is in stock selection.

A huge jump in demand for electric vehicles (EVs) and Li-ion battery is anticipated for the coming decade. This demand has seen Europe develop the world’s fastest-growing lithium-ion production capacity.

Cannabis stocks had a challenging year in 2019, but signs are emerging that a change of fortunes is in store for the sector and a number of listed cannabis companies already look to be turning the corner.

As BHP Group rides China’s steel production wave, brokers anticipate the first half result in February will provide an opportunity for the new CEO to outline priorities and opportunities.