Markets Live: Earnings flood can't budge ASX
Wesfarmers and Blackmores are sold off, while Qantas soars following earnings reports, as the overall market edges higher.
Wesfarmers and Blackmores are sold off, while Qantas soars following earnings reports, as the overall market edges higher.
Low volatility means markets are particularly vulnerable to sharp shocks, such as Britain's vote two months ago to leave the EU.
The ASX ended weaker as investors took profits ahead of Fed Reserve chair Janet Yellen's speech.
Woolworths shares soar despite an earnings shocker, while the broader market falls as investors turn cautious ahead of a Janet Yellen speech.
Rising wind power and gas exports from Queensland will work to keep both electricity and gas prices high, Moody's Investors Service has warned, with the big energy utilities Origin Energy and AGL likely to benefit with power prices to remain volatile.
For hedge funds, the news is getting worse.
Local sharemarket are set to open flat amid a results deluge from the likes of Woolworths, Nine, Flight Centre and South32.
You need to go back to 1948 and Harry S. to find a presidential race where the lead changed later than this, says bond fund Pimco's head of policy.
Wesfarmers and Blackmores are sold off, while Qantas soars following earnings reports, as the overall market edges higher.
Brazil's real gained after passage of a budget bill that was seen as a victory for the government.
Equity managers who rely on automated processes are having a rough third quarter.
Goldman Sachs sees the pound, the yen and the kiwi as most vulnerable to a potential Fed surprise.
The Fed is reluctant to lift US interest rates. The yen strengthens. Haruhiko Kuroda decides to act.
Brazil's real gained after passage of a budget bill that was seen as a victory for the government.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.7611 | 0.7609 | -0.0003fall | -0.04% fall |
AUD/EUR | 0.6749 | 0.6746 | -0.0011fall | -0.16% fall |
Updated: August 25, 2016 - 11:49PM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 5,391,906,258 | 2,325,085,916 | 1,156,438 |
Industrial | 4,308,091,732 | 930,632,424 | 948,157 |
Mining | 1,005,351,985 | 1,393,465,690 | 198,280 |
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 |
---|---|---|---|---|
GCN | GOCONNECT LIMITED | 0.011rise | 0.007 | 0.011 |
EOL | ENERGY ONE LIMITED | 0.400rise | 0.330 | 0.300 |
INV | INVESTSMART GROUP | 0.360rise | 0.300 | 0.360 |
PME | PRO MEDICUS LIMITED | 6.600rise | 5.990 | 5.720 |
MAI | MAINSTREAMBPO LTD | 0.750rise | 0.690 | 0.670 |
CGM | COUGAR METALS NL | 0.017rise | 0.016 | 0.008 |
LMW | LANDMARK WHITE LTD | 0.750rise | 0.710 | 0.570 |
MNF | MNF GROUP LTD | 4.400rise | 4.180 | 4.130 |
TOP | THORNEY OPP LTD | 0.650rise | 0.625 | 0.625 |
SWK | SWICK MINING | 0.295rise | 0.285 | 0.190 |
Updated: August 25, 2016 - 4:50PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
GBX | GB ENERGY LIMITED | 0.003fall | 0.004 | 0.003 |
MRV | MORETON RESOURCES | 0.003fall | 0.004 | 0.003 |
WKT | WALKABOUT RESOURCES | 0.003fall | 0.004 | 0.005 |
POW | PROTEAN WAVE LTD | 0.010fall | 0.012 | 0.012 |
PNW | PACIFIC STAR NETWORK | 0.180fall | 0.210 | 0.180 |
DGX | DIPLOMA GROUP LTD | 0.006fall | 0.007 | 0.008 |
NOR | NORWOOD SYSTEMS LTD. | 0.019fall | 0.022 | 0.021 |
NCL | NETCCENTRIC LTD | 0.070fall | 0.080 | 0.070 |
DTX | DATETIX GROUP LTD | 0.300fall | 0.330 | 0.350 |
AVD | ANTILLES OIL AND GAS | 0.017fall | 0.018 | 0.017 |
Updated: August 25, 2016 - 3:30PM |
Company | Security Code | Float date | Issue $ |
---|---|---|---|
AdAlta Limited | 1AD | 21/08/2016 | 0.25 |
Aurora Labs Limited | AD3 | 0.20 | |
Broo Ltd | BEE | 11/09/2016 | 0.20 |
CoAssets Limited | CA8 | 04/07/2016 | 0.40 |
CFOAM Limited | CFO | 28/07/2016 | 0.20 |