Markets Live: Straight six
![The ASX will attempt to post six days of gains in a row.](/web/20160714132035im_/http://www.theage.com.au/content/dam/images/g/j/g/t/q/j/image.related.landscape.120x80.gq5bgc.png/1468479469643.jpg)
Shares have held above the 5400 level, posting their sixth straight day of gains.
Shares have held above the 5400 level, posting their sixth straight day of gains.
BlackRock's Stephen Miller has warned the "cocktail" of a divided Parliament mixed with a factious Senate is not conducive to "meaningful fiscal reform".
The ASX extended its winning run to six straight sessions, with the benchmark top 200 index topping 5400 points for the first time since May.
The unemployment rate rose slightly in June, although a surge in full-time jobs may take some pressure off the Reserve Bank of Australia to cut interest rates further.
MSCI Inc isn't usually a name that springs to mind when one thinks of the most powerful players in the global equity market.
One of China's most unusual, and lucrative, investment strategies is coming under fire as policymakers crack down on a stock-market anomaly that they helped create.
The US economy shouldn't sustain much damage from the Brexit vote and may warrant as many as two interest rate increases before the end of the year, said US Federal Reserve Bank of Philadelphia president Patrick Harker.
Tax official turned hedge fund head John Hempton has got some big calls right, including two that have pitted him against US billionaire investor Bill Ackman.
Shares have held above the 5400 level, posting their sixth straight day of gains.
Local shares poised to open higher as the ASX looks to make it six straight days of gains.
Rising tensions in the South China Sea have yet to unnerve markets, but investment bank Nomura has developed a hedge strategy.
A strong bounce in oil and a surging iron ore price set the scene for further gains on the local sharemarket.
The fallout from Brexit and Australia's tight election result rattled consumers, according to the Westpac-Melbourne Institute confidence survey for July.
Steem, the digital currency behind the new social media website Steemit, has soared more than 1000 per cent in value two weeks after it first paid people who posted on its website.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.7638 | 0.7637 | 0.0032rise | 0.42% rise |
AUD/EUR | 0.6856 | 0.6853 | -0.0003fall | -0.04% fall |
Updated: July 14, 2016 - 10:38PM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 3,835,164,455 | 2,302,613,759 | 928,915 |
Industrial | 2,913,578,647 | 694,367,101 | 733,912 |
Mining | 900,080,147 | 1,607,901,361 | 191,074 |
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.
Markets are in a well-oiled "death spiral," analysts at Citigroup say.
Code | Name | New Highs | Last Week | Last Month |
---|---|---|---|---|
TAW | TAWANA RESOURCES NL | 0.085rise | 0.031 | 0.034 |
MGU | MAGNUM MINING & EXP | 0.040rise | 0.020 | 0.021 |
CGM | COUGAR METALS NL | 0.004rise | 0.002 | 0.002 |
RNU | RENASCOR RES LTD | 0.032rise | 0.020 | 0.024 |
ARU | ARAFURA RESOURCE LTD | 0.076rise | 0.054 | 0.052 |
GRA | GRAPHITECO | 0.560rise | 0.400 | 0.350 |
IVR | INVESTIGATOR RES LTD | 0.065rise | 0.047 | 0.046 |
CDT | CASTLE MINERALS | 0.019rise | 0.014 | 0.014 |
AML | AEON METALS LTD. | 0.140rise | 0.110 | 0.090 |
MDI | MIDDLE ISLAND RES | 0.079rise | 0.063 | 0.048 |
Updated: July 14, 2016 - 6:50PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
LFC | LIFE CORPORATION | 0.012fall | 0.040 | 0.040 |
NCL | NETCCENTRIC LTD | 0.070fall | 0.100 | 0.095 |
SKS | STOKES LTD | 0.300fall | 0.400 | 0.400 |
RAC | RACE ONCOLOGY LTD | 0.240fall | 0.000 | 0.000 |
SCO | SCOTT PAC GROUP LTD | 3.240fall | 0.000 | 0.000 |
Updated: July 14, 2016 - 4:56PM |
Company | Security Code | Float date | Issue $ |
---|---|---|---|
Australis Oil and Gas Limited | ATS | 25/07/2016 | 0.25 |
CoAssets Limited | CA8 | 05/07/2016 | 0.40 |
CFOAM Limited | CFO | 29/07/2016 | 0.20 |
DomaCom Limited | DCL | 18/08/2016 | 0.75 |
Kyckr Limited | KYK | 14/06/2016 | 0.20 |
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