Markets Live: Draghi drags on ASX
Australian shares closed down for the fourth week in a row after the ECB failed to extend its monetary stimulus program and investors piled out of the big banks.
Australian shares closed down for the fourth week in a row after the ECB failed to extend its monetary stimulus program and investors piled out of the big banks.
The surge in coking coal prices has prompted analysts to upgrade earnings forecasts for coal miners
Markets are set for a early losses on Monday following a sharp sell-off at the end of last week in Europe and the United States.
Global economic growth will be so slow over the next 35 years that policymakers will struggle to meet the significant economic, social and political challenges that results, Deutsche Bank says.
US investors were shaken out of their slumber on Friday as central bankers signalled reluctance to extend stimulus and sent US stocks to their worst week since February.
Australian shares were weaker for a fourth consecutive week after the ECB failed to extend its monetary stimulus program.
There's more than a little irony in at least some of the Australian dollar's latest gyrations being attributed to Glenn Stevens' exit interview remarks. He actually dissed monetary policy's exchange rate power.
Origin Energy is replacing its longstanding chief executive, Grant King, with, Frank Calabria, rekindling the possibility of a restructure
Australian shares closed down for the fourth week in a row after the ECB failed to extend its monetary stimulus program and investors piled out of the big banks.
Large parts of the euro zone are slipping deeper into a deflationary trap, leaving the currency bloc with no safety buffer when the next global crisis hits.
The Australian dollar has fallen back to earth after a wild night that briefly saw the currency hit a three-week high, before slumping nearly a whole cent.
Wells Fargo was fined after employees secretly opened accounts to hit sales targets and earn bonuses.
Wall Street drifted lower overnight setting up a negative open for local shares.
The Australian dollar has fallen back to earth after a wild night that briefly saw the currency hit a three-week high, before slumping nearly a whole cent.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.7545 | 0.7538 | 0.0000steady | 0.00% steady |
AUD/EUR | 0.6721 | 0.6712 | 0.0003rise | 0.04% rise |
Updated: September 10, 2016 - 9:00AM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 4,920,444,960 | 1,908,870,451 | 1,071,092 |
Industrial | 3,942,640,365 | 851,848,617 | 882,636 |
Mining | 929,651,598 | 1,056,599,678 | 184,492 |
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 |
---|---|---|---|---|
TIG | TIGERS REALM COAL | 0.080rise | 0.040 | 0.036 |
NCR | NUCOAL RESOURCES LTD | 0.007rise | 0.004 | 0.004 |
ACB | A-CAP RESOURCES | 0.065rise | 0.042 | 0.041 |
CTM | CENTAURUS METALS LTD | 0.026rise | 0.017 | 0.017 |
KDR | KIDMAN RESOURCES LTD | 0.490rise | 0.325 | 0.350 |
DXB | DIMERIX LTD | 0.017rise | 0.012 | 0.015 |
EMH | EUROPEAN METALS HLDG | 0.520rise | 0.380 | 0.400 |
FCT | FIRSTWAVE CLOUD TECH | 0.600rise | 0.440 | 0.400 |
AVI | AVALON MINERALS | 0.057rise | 0.043 | 0.057 |
OPT | OPTHEA LIMITED | 0.700rise | 0.540 | 0.650 |
Updated: September 9, 2016 - 6:50PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
MSG | MCS SERVICES LIMITED | 0.026fall | 0.045 | 0.037 |
KBU | KABUNI LTD | 0.030fall | 0.051 | 0.051 |
TNT | TESSERENT LIMITED | 0.100fall | 0.150 | 0.110 |
IVO | INVIGOR GROUP LTD | 0.019fall | 0.023 | 0.023 |
SER | STRATEGIC ENERGY | 0.012fall | 0.014 | 0.012 |
HPR | HIGH PEAK ROYALTIES | 0.052fall | 0.058 | 0.058 |
SP1 | SEARCH PARTY GROUP | 0.047fall | 0.052 | 0.048 |
STX | STRIKE ENERGY LTD | 0.095fall | 0.105 | 0.100 |
ADR | ADHERIUM LTD | 0.400fall | 0.440 | 0.430 |
FAR | FAR LTD | 0.066fall | 0.072 | 0.072 |
Updated: September 9, 2016 - 5:30PM |
Code | Time | Announcement |
---|---|---|
ZOR | 09 Sep 16 | End of Day |
GPR | 09 Sep 16 | Notice of Extraordinary General Meeting/Proxy Form |
MUA | 09 Sep 16 | Appendix 3B and Cleansing Notice |
JHX | 09 Sep 16 | Ceasing to be a substantial holder |
STW | 09 Sep 16 | Daily Fund Update |
SLF | 09 Sep 16 | Daily Fund Update |
SFY | 09 Sep 16 | Daily Fund Update |
TNG | 09 Sep 16 | Notification - Postponement of General Meeting |
MGX | 09 Sep 16 | Date of AGM and Closing Date for Director Nominations |
HOM | 09 Sep 16 | Notice of Extraordinary General Meeting/Proxy Form |
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 |