Markets Live: Brexit fears sink ASX
![Wall Street avoided a bear market and is now on the cusp of another milestone.](/web/20160614081611im_/http://www.canberratimes.com.au/content/dam/images/g/m/q/r/u/a/image.related.landscape.120x80.gpibor.png/1465886498590.jpg)
More than $30 billion wiped off shares as investors press eject.
More than $30 billion wiped off shares as investors press eject.
Australian shares crashed as global fears around a potential British exit from the EU caught up with local investors.
The Australian dollar has proved resilient even as Brexit fears have hit most other currencies hard.
China's addition to the MSCI benchmark would dilute the ASX's weight in Asia, but its not all bad news.
Biotech outfit Mesoblast has suffered its second significant setback in the past year.
Many people might not like Mondays, but LinkedIn founder Reid Hoffman is probably not one of them.
More than $26 billion was wiped off the Australian share market on Tuesday as it plunged to a seven-week low.
Wild swings in the pound and a ratcheting up of global instability rank as likely market reactions to a Brexit. The political fallout may be even more fraught.
More than $30 billion wiped off shares as investors press eject.
The company’s struggling share price, and its reliance on stock-based compensation, may be a factor in its sale to Microsoft.
Steel and iron ore futures in China dropped around 3 per cent on Tuesday, pressured by slow seasonal demand.
With sadness and tortured by doubts, I will cast my vote as an ordinary citizen for withdrawal from the European Union.
Twitter jumped after Microsoft's $US26.2 billion agreement to buy LinkedIn prompted speculation other technology companies may become acquisition targets.
The Australian dollar has proved resilient even as Brexit fears have hit most other currencies hard.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.7377 | 0.7374 | -0.0011fall | -0.15% fall |
AUD/EUR | 0.6553 | 0.6549 | 0.0010rise | 0.15% rise |
Updated: June 14, 2016 - 5:33PM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 5,190,284,034 | 2,304,851,543 | 1,223,658 |
Industrial | 4,112,742,330 | 961,474,762 | 1,010,132 |
Mining | 1,040,390,254 | 1,342,854,491 | 204,884 |
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 company 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 |
---|---|---|---|---|
PLH | PLYMOUTH MINERALS | 0.160rise | 0.100 | 0.105 |
CRL | COMET RESOURCES | 0.037rise | 0.026 | 0.030 |
AZY | ANTIPA MINERALS LTD | 0.045rise | 0.039 | 0.042 |
NAE | NEW AGE EXPLORATION | 0.015rise | 0.013 | 0.010 |
AME | ALTO METALS LIMITED | 0.090rise | 0.080 | 0.082 |
EGL | ENVIRONMENTAL GROUP | 0.028rise | 0.025 | 0.023 |
DVA | DIVERSA LIMITED | 0.800rise | 0.720 | 0.750 |
SMI | SANTANA MINERALS LTD | 0.060rise | 0.054 | 0.050 |
MTS | METCASH LIMITED | 2.280rise | 2.100 | 2.080 |
CPD | CONDOTO PLATINUM NL | 0.085rise | 0.080 | 0.065 |
Updated: June 14, 2016 - 4:11PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
USH | US MASTERS HOLDINGS | 0.050fall | 0.098 | 0.098 |
KBL | KBL MINING LIMITED | 0.006fall | 0.011 | 0.012 |
MSB | MESOBLAST LIMITED | 1.110fall | 1.920 | 1.750 |
BRC | BRAIN RESOURCE LTD | 0.120fall | 0.160 | 0.135 |
MDD | MANDALONG RESOURCES | 0.020fall | 0.026 | 0.025 |
MYE | MASTERMYNE GROUP LTD | 0.110fall | 0.135 | 0.135 |
IVO | INVIGOR GROUP LTD | 0.021fall | 0.025 | 0.030 |
ENT | ENTERPRISE METALS | 0.012fall | 0.014 | 0.015 |
TTE | TTE PETROLEUM LTD | 0.006fall | 0.007 | 0.007 |
ZIP | ZIPTEL LIMITED | 0.145fall | 0.165 | 0.185 |
Updated: June 14, 2016 - 4:56PM |
Code | Time | Announcement |
---|---|---|
MAX | 05:43PM | Net Tangible Asset Backing |
SKI | 05:35PM | Canada and USA investor presentation |
SKP | 05:32PM | Scheme Booklet for Proposed Scheme of Arrangement |
PMV | 05:27PM | Becoming a substantial holder |
YTM | 05:21PM | NAV OF XTBs ON ISSUE |
IND | 05:20PM | Option Expiry Notice |
CAS | 05:10PM | Response to ASX Price Query |
AYF | 05:10PM | Change of Compliance Plan Auditor |
MYR | 05:08PM | Becoming a substantial holder |
NWZ | 05:03PM | Change of Director's Interest Notice |
Company | Security Code | Float date | Issue $ |
---|---|---|---|
ApplyDirect Limited | AD1 | 0.25 | |
Australian Unity Office Property Fund | AOF | 20/06/2016 | 2.00 |
CoAssets Limited | CA8 | 05/07/2016 | 0.40 |
ChimpChange Limited | CCA | 30/06/2016 | 0.80 |
DroneShield Limited | DRO | 13/06/2016 | 0.20 |
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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.