Markets Live: ASX back and in the black
Strength in the miners and banks outweighed a hefty plunge in TPG, as trade returned to the ASX after Monday's glitches.
Strength in the miners and banks outweighed a hefty plunge in TPG, as trade returned to the ASX after Monday's glitches.
Australian bonds are selling off harder than their global developed peers, in a sign investors think the RBA may be done with cutting rates.
ASIC is investigating why the ASX could not function on Monday but it is not the only organisation that demands answers.
Australian shares pushed modestly higher as traders hesitated ahead of a busy 48 hours for central banks.
Barclays and BNP Paribas are betting against their peers and the bond market by forecasting the US Fed will raise rates this week.
The surge in the price of coking coal has by-passed miner New Hope which has reported rising losses - but that hasn't stopped it lifting the CEO's pay.
Shares in cut-price telco TPG dived 20 per cent on Tuesday, cutting the value of chief executive David Teoh's stake by about $600 million in a few hours.
Stocks are set to open normally this morning after the ASX resolves its embarrassing technical glitch.
Strength in the miners and banks outweighed a hefty plunge in TPG, as trade returned to the ASX after Monday's glitches.
Provided its technical issues are sorted out and the ASX opens without incident today, the futures market is pointing to a flat to slightly lower start.
Facebook still has friends on Wall Street: 43 analysts rate the social media company's stock a buy.
Rio Tinto is becoming more optimistic on the outlook for commodities demand in China, its CEO says.
Only a third of large-cap funds consistently outperform the benchmark, Morningstar research shows.
Morgan Stanley says the Bank of Japan is likely to dive further into negative-interest-rate policy.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.7554 | 0.7549 | 0.0016rise | 0.21% rise |
AUD/EUR | 0.6755 | 0.675 | 0.0010rise | 0.15% rise |
Updated: September 20, 2016 - 8:16PM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 5,078,701,012 | 2,184,717,422 | 1,104,178 |
Industrial | 4,000,997,580 | 901,902,513 | 900,005 |
Mining | 1,049,488,686 | 1,282,545,742 | 201,013 |
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 |
---|---|---|---|---|
FBR | FASTBRICK ROBOTICS | 0.150rise | 0.100 | 0.057 |
GUL | GULLEWA LIMITED | 0.029rise | 0.021 | 0.025 |
BRB | BREAKER RES NL | 0.550rise | 0.430 | 0.320 |
TOU | TLOU ENERGY LTD | 0.220rise | 0.190 | 0.155 |
VXR | VENTUREX RESOURCES | 0.015rise | 0.013 | 0.010 |
TER | TERRACOM LTD | 0.040rise | 0.035 | 0.029 |
NSL | NSL CONSOLIDATED LTD | 0.028rise | 0.025 | 0.023 |
CVW | CLEARVIEW WEALTH LTD | 1.135rise | 1.030 | 1.100 |
KDR | KIDMAN RESOURCES LTD | 0.545rise | 0.495 | 0.350 |
CYP | CYNATA THERAPEUTICS | 0.600rise | 0.545 | 0.410 |
Updated: September 20, 2016 - 6:50PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
NWZ | NEWZULU LIMITED | 0.006fall | 0.008 | 0.007 |
IHS | INTERPOSE HOLDINGS | 0.028fall | 0.035 | 0.035 |
AOW | AMERICAN PATRIOT OIL | 0.072fall | 0.084 | 0.093 |
ZYB | ZYBER HOLDINGS LTD | 0.006fall | 0.007 | 0.009 |
WLF | WOLF MINERALS | 0.100fall | 0.115 | 0.115 |
NKP | NKWE PLATINUM | 0.042fall | 0.046 | 0.053 |
TWR | TOWER LIMITED | 0.920fall | 0.985 | 1.260 |
D2O | DUXTON WATER LTD | 1.020fall | 1.080 | 0.000 |
TLM | TALISMAN MINING | 0.350fall | 0.370 | 0.390 |
LCK | LEIGH CRK ENERGY LTD | 0.095fall | 0.100 | 0.130 |
Updated: September 20, 2016 - 4:15PM |
Company | Security Code | Float date | Issue $ |
---|---|---|---|
Antipodes Global Investment Company Limited | APL | 14/10/2016 | 1.10 |
Broo Ltd | BEE | 12/09/2016 | 0.20 |
CFOAM Limited | CFO | 29/07/2016 | 0.20 |
Creso Pharma Limited | CPH | 12/10/2016 | 0.20 |
Davenport Resources Limited | DAV | 27/10/2016 | 0.20 |
Save articles for later.
Subscribe for unlimited access to news. Login to save articles.
Return to the homepage by clicking on the site logo.