Markets Live: Dollar races to US77c
Shares trim their gains as offshore losses dampen the mood.
Shares trim their gains as offshore losses dampen the mood.
A two-day rally in Australian shares ran out of steam Friday afternoon, but the local market still managed to eke out a gain for the week.
The Australian dollar keeps hitting new highs in the wake of the United States Federal Reserve's about-face on rate rises, putting pressure on the Reserve Bank to cut rates again.
And why are other countries like China remain so wedded to maintaining - even accumulating - stocks of the precious metal.
Local shares are poised to open sharply higher after commodities and mining shares advanced overnight.
The Australian dollar has surged 1 per cent as the impact of the Fed's revised rate rise path hammered the greenback for a second day.
After their stock prices surged more than 500 per cent last year, hedge funds are now targeting Bellamy's and Blackmores.
Bank of England officials continue to lean toward higher interest rates but also said uncertainty on Britain's membership in the EU may hold back economic growth.
Shares trim their gains as offshore losses dampen the mood.
The good times will come again. Just don't expect resources companies to see them coming.
The Dow Jones Industrial Average erased its 2016 losses on gains in commodity producers and industrial shares.
As the Federal Reserve moves closer to the bond market's outlook on interest rates, the market has moved closer to the Fed's view on inflation.
Saudi Arabia will join a meeting of producers from within and outside OPEC in Doha next month, bolstering the campaign to freeze output.
The Australian dollar keeps hitting new highs in the wake of the United States Federal Reserve's about-face on rate rises, putting pressure on the Reserve Bank to cut rates again.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.7629 | 0.7624 | -0.0024fall | -0.31% fall |
AUD/EUR | 0.6769 | 0.6762 | 0.0006rise | 0.09% rise |
Updated: March 18, 2016 - 6:28PM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 9,023,073,306 | 3,228,486,567 | 1,097,326 |
Industrial | 6,538,541,430 | 1,481,384,873 | 903,459 |
Mining | 1,723,657,371 | 1,745,969,750 | 189,493 |
David Samra, awarded for his stock-picking during and after the 2008 financial crisis, says now's the time for a steady hand and no emotion.
The Sydney software companyÂ?just released its first quarterly earnings report since listing on the Nasdaq late last year.Â?
Markets are in a well-oiled "death spiral," analysts at Citigroup say.
Code | Name | New Highs | Last Week | Last Month |
---|---|---|---|---|
MMR | MEC RESOURCES | 0.050rise | 0.025 | 0.019 |
IB8 | IBOSSES CORP LTD | 0.320rise | 0.250 | 0.210 |
CYL | CATALYST METALS | 0.555rise | 0.440 | 0.380 |
HZR | HAZER GROUP LIMITED | 0.350rise | 0.290 | 0.300 |
ORE | OROCOBRE LIMITED | 3.120rise | 2.690 | 2.680 |
SBM | ST BARBARA LIMITED | 2.560rise | 2.340 | 1.960 |
NMT | NEOMETALS LTD | 0.360rise | 0.330 | 0.270 |
CR8 | CRE8TEK LIMITED | 0.027rise | 0.025 | 0.026 |
APO | APN OUTDOOR GRP | 6.440rise | 6.020 | 6.230 |
SDF | STEADFAST GROUP LTD | 1.860rise | 1.760 | 1.680 |
Updated: March 18, 2016 - 3:50PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
1PG | 1-PAGE LTD | 1.120fall | 1.600 | 1.920 |
JCS | JCURVE SOLUTIONS | 0.008fall | 0.011 | 0.013 |
KBL | KBL MINING LIMITED | 0.014fall | 0.019 | 0.020 |
ETE | ENTEK ENERGY LTD | 0.006fall | 0.008 | 0.008 |
SRI | SIPA RESOURCES LTD | 0.015fall | 0.019 | 0.023 |
VAH | VIRGIN AUS HLDG LTD | 0.350fall | 0.435 | 0.440 |
ADO | ANTEO DIAGNOSTICS | 0.045fall | 0.055 | 0.059 |
PVA | PSIVIDA CORP | 3.500fall | 4.000 | 3.920 |
BOL | BOOM LOGISTICS | 0.064fall | 0.073 | 0.075 |
NHC | NEW HOPE CORPORATION | 1.210fall | 1.370 | 1.320 |
Updated: March 18, 2016 - 3:50PM |
Code | Time | Announcement |
---|---|---|
ATI | 17 Mar 16 | Half Yearly Report and Accounts - 31 December 2015 |
MNE | 17 Mar 16 | Appendix 3B |
SKS | 17 Mar 16 | Interest Payment - SKSG |
APW | 17 Mar 16 | Estimated Tax Components Dec Quarter 2015 Distribution |
MYR | 17 Mar 16 | Dividend/Distribution - MYR |
ARO | 17 Mar 16 | Update on Gymeny Transaction |
DEG | 17 Mar 16 | Trading Halt |
SHH | 17 Mar 16 | Auditor Appointment / Resignation |
FCG | 17 Mar 16 | Form 604 |
MFG | 17 Mar 16 | Appendix 3B |
Company | Security Code | Float date | Issue $ |
---|---|---|---|
Abundant Produce Limited | ABT | 0.20 | |
ApplyDirect Limited | AD1 | 0.25 | |
Bitcoin Group Limited | BCG | 0.20 | |
China Dairy Corporation Limited | CDC | 04/04/2016 | 0.20 |
Golden Eagle Mining Ltd | GEE | 0.20 |
A free independent guide from SMH with expert information.
A free independent guide from SMH with expert information.
A free independent guide from SMH with expert information.
A free independent guide from SMH with expert information.
A free independent guide from SMH with expert information.
A free independent guide from SMH with expert information.