Markets Live: ASX slips as RBA holds
Shares ease and the Aussie dollar firms as RBA holds rates held steady.
Shares ease and the Aussie dollar firms as RBA holds rates held steady.
The ASX was driven lower by the Reserve Bank of Australia decision to hold rates while opting not to hint at further easing.
Oil rose after Russia and Saudi Arabia said they agreed to cooperate on stabilising the market.
The RBA has kept its cash rate on hold at an all-time low in the final board meeting presided over by governor Glenn Stevens before he bows out after a decade that has seen the cash rate drop from 6 per cent to 1.5 per cent.
While markets have been pushed to extremes, there is little consensus on where they will develop from here. Goldman Sachs has outlined four potential directions.
Local shares are set to open lower on the back of a soft lead from Europe while RBA chief Glenn Stevens will hand down his last interest rates decision this afternoon.
BHP Billiton expects iron ore prices to begin retreating as new supply hits the market.
Yuan bears are turning rallies in the Chinese currency into increasingly short-lived affairs.
Shares ease and the Aussie dollar firms as RBA holds rates held steady.
If at first you don't succeed, extend, and then extend again.
With a move into Senegal under a cloud, Woodside has taken a safer option with its latest expansion by acquiring acreage off Western Australia.
A belated spring bounce pushed the ASX higher, despite a string of analyst downgrades that saw investors flee aged care stocks.
Shares in the three largest ASX-listed aged care operators have slumped following new guidelines by the federal government for charging certain service fees from residential aged care customers.
Yuan bears are turning rallies in the Chinese currency into increasingly short-lived affairs.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.7629 | 0.7625 | 0.0047rise | 0.62% rise |
AUD/EUR | 0.6835 | 0.683 | 0.0032rise | 0.47% rise |
Updated: September 6, 2016 - 11:55PM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 3,855,634,802 | 2,033,640,501 | 898,410 |
Industrial | 3,167,729,814 | 756,070,018 | 751,444 |
Mining | 677,341,889 | 1,277,289,691 | 143,835 |
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 |
---|---|---|---|---|
DXB | DIMERIX LTD | 0.015rise | 0.012 | 0.015 |
NCR | NUCOAL RESOURCES LTD | 0.005rise | 0.004 | 0.004 |
COY | COPPERMOLY LIMITED | 0.012rise | 0.011 | 0.011 |
BOL | BOOM LOGISTICS | 0.125rise | 0.115 | 0.125 |
S32 | SOUTH32 LIMITED | 2.110rise | 2.020 | 2.110 |
OZG | OZGROWTH LIMITED | 0.160rise | 0.155 | 0.160 |
NVL | NATIONAL VETERINARY | 1.795rise | 1.750 | 1.740 |
FBU | FLETCHER BUILDING | 10.410rise | 10.310 | 10.310 |
AVN | AVENTUS RETAIL FUND | 2.550rise | 2.540 | 2.540 |
AYG | AXXIS TECHNOLOGY GRP | 0.001rise | 0.001 | 0.001 |
Updated: September 6, 2016 - 6:50PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
MEM | MEMPHASYS LTD | 0.005fall | 0.006 | 0.005 |
LSR | LODESTAR MINERALS | 0.010fall | 0.011 | 0.011 |
RUM | RUM JUNGLE RES | 0.020fall | 0.021 | 0.021 |
LAA | LATAM AUTOS LTD | 0.200fall | 0.205 | 0.200 |
LKO | LAKES OIL NL | 0.001fall | 0.001 | 0.001 |
SDL | SUNDANCE RESOURCES | 0.002fall | 0.002 | 0.002 |
URF | US MASTERS RES FUND | 1.920fall | 1.920 | 1.920 |
WCN | WHITE CLIFF MIN LTD | 0.006fall | 0.006 | 0.006 |
YBR | YELLOW BRICK ROAD | 0.175fall | 0.175 | 0.175 |
MRV | MORETON RESOURCES | 0.003fall | 0.003 | 0.003 |
Updated: September 6, 2016 - 5:30PM |
Code | Time | Announcement |
---|---|---|
ZOR | 06 Sep 16 | End of Day |
FRX | 06 Sep 16 | Appendix 3B |
TTW | 06 Sep 16 | Annual Financial Statements - 30 June 2016 |
NST | 06 Sep 16 | Initial Director's Interest Notice (x2) |
S2R | 06 Sep 16 | Corporate Governance Statement September 2016 |
MUM | 06 Sep 16 | Replacement Prospectus |
ORN | 06 Sep 16 | Independent Investment Research Issue Research Report |
STW | 06 Sep 16 | Daily Fund Update |
SLF | 06 Sep 16 | Daily Fund Update |
SFY | 06 Sep 16 | Daily Fund Update |
Company | Security Code | Float date | Issue $ |
---|---|---|---|
AdAlta Limited | 1AD | 22/08/2016 | 0.25 |
Aurora Labs Limited | AD3 | 0.20 | |
Broo Ltd | BEE | 12/09/2016 | 0.20 |
CoAssets Limited | CA8 | 05/07/2016 | 0.40 |
CFOAM Limited | CFO | 29/07/2016 | 0.20 |
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