Market wrap: The day's business news
Miners led a surprisingly heavy fall in the ASX, as Woolworths headlined a list of names trading ex-dividend.
Miners led a surprisingly heavy fall in the ASX, as Woolworths headlined a list of names trading ex-dividend.
The ASX fell sharply as a shift in global sentiment prompted local investors to sell bank and mining stocks.
Australian shareholders will enjoy a $24 billion dividend bonanza over the coming months, as a record nine in 10 of top ASX-listed companies reward their investors with a payment.
Investors have enjoyed the rush of demand for technology contractors, but fund managers say there's still room to run.
Australia's trade balance remains in the red with a deficit of $2.4 billion in July, following a deficit of $3.2 billion in June.
The world's wealthiest families would have lost money on their investments last year if it hadn't been for the private equiteers.
After gold futures posted the worst monthly performance since May, money is moving back in.
China's grip on the stock market is making life hard for the nation's traders.
Miners led a surprisingly heavy fall in the ASX, as Woolworths headlined a list of names trading ex-dividend.
ECB president Mario Draghi can't stand in the way of a rising euro, according to Morgan Stanley.
The local sharemarket is set to open lower on the back of a soft Wall Street lead, while July trade data is out later this morning.
With growth so slow around the world, it won't take much in the way of negative economic shocks to tip many economies into recession.
Australia's government could do with a weaker currency to help lure back foreign bond buyers.
ECB president Mario Draghi can't stand in the way of a rising euro, according to Morgan Stanley.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.771 | 0.7705 | 0.0033rise | 0.43% rise |
AUD/EUR | 0.6849 | 0.6844 | 0.0023rise | 0.34% rise |
Updated: September 8, 2016 - 4:58PM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 5,145,816,648 | 1,760,802,371 | 1,128,782 |
Industrial | 4,244,424,673 | 824,933,175 | 942,056 |
Mining | 886,826,875 | 935,523,729 | 182,313 |
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 |
---|---|---|---|---|
CBQ | COALBANK LIMITED | 0.006rise | 0.004 | 0.003 |
DXB | DIMERIX LTD | 0.017rise | 0.012 | 0.015 |
KDR | KIDMAN RESOURCES LTD | 0.435rise | 0.325 | 0.350 |
DSB | DELTA SBD LIMITED | 0.240rise | 0.180 | 0.170 |
LVH | LIVEHIRE LIMITED | 0.260rise | 0.200 | 0.210 |
DLE | DRAGON ENERGY | 0.013rise | 0.010 | 0.010 |
IIL | INNATE IMMUNO | 0.585rise | 0.465 | 0.420 |
PAR | PARADIGM BIO. | 0.560rise | 0.450 | 0.440 |
LBL | LASERBOND LIMITED | 0.130rise | 0.105 | 0.105 |
FCT | FIRSTWAVE CLOUD TECH | 0.535rise | 0.440 | 0.400 |
Updated: September 8, 2016 - 4:21PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
ESK | ETHERSTACK PLC | 0.090fall | 0.160 | 0.140 |
TSV | TRANSERV ENERGY LTD | 0.010fall | 0.013 | 0.014 |
KOR | KORAB RESOURCES | 0.018fall | 0.022 | 0.021 |
THX | THUNDELARRA LTD | 0.037fall | 0.045 | 0.047 |
TWR | TOWER LIMITED | 1.065fall | 1.280 | 1.260 |
SP1 | SEARCH PARTY GROUP | 0.047fall | 0.052 | 0.048 |
UBN | URBANISE.COM LTD | 0.180fall | 0.190 | 0.190 |
QIP | QANTM INTELLECTUAL | 2.300fall | 2.400 | 2.400 |
PTM | PLATINUM ASSET | 5.050fall | 5.150 | 5.330 |
BPF | BULLETPROOF GROUP | 0.275fall | 0.280 | 0.285 |
Updated: September 8, 2016 - 4:30PM |
Code | Time | Announcement |
---|---|---|
PLH | 05:07PM | Change of Director's Interest Notice |
EVN | 05:06PM | DRP Price and Participation Rate |
BPH | 05:04PM | BPH Energy Ltd - Corporate Governance Statement |
MMR | 05:03PM | MEC Resources Ltd- Corporate Governance Statement |
MRD | 05:02PM | Response to ASX Aware Query |
MSV | 04:59PM | Change in substantial holding |
MEL | 04:58PM | Notice of initial substantial holder from AIB |
AIB | 04:58PM | Notice of initial substantial holder for MEL |
EXG | 04:57PM | Ceasing to be a substantial holder |
MEL | 04:55PM | Notice of initial substantial holder from HHY |
Company | Security Code | Float date | Issue $ |
---|---|---|---|
Aurora Labs Limited | AD3 | 0.20 | |
Broo Ltd | BEE | 12/09/2016 | 0.20 |
CFOAM Limited | CFO | 29/07/2016 | 0.20 |
DomaCom Limited | DCL | 18/08/2016 | 0.75 |
Faster Enterprises Ltd | FE8 | 18/08/2016 | 0.20 |
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