Markets Live: Late bounce led by Rio
![Investors will be scrutinising the RBA statement for any change in tone.](/web/20161004074840im_/http://www.smh.com.au/content/dam/images/g/r/7/8/z/9/image.related.landscape.120x80.gru64j.png/1475561141737.jpg)
Shares end the day slightly higher after trading in the red for large parts of the session, while the dollar slips slightly as the RBA keeps rates on hold.
Shares end the day slightly higher after trading in the red for large parts of the session, while the dollar slips slightly as the RBA keeps rates on hold.
The Australian sharemarket bounced higher in the last minutes of trade with the help of Rio Tinto, which hit a five-month high.
The largest iron ore producers will need to exert tight control over supplies to keep steady prices.
ING expects to save about $1.3 billion from cutting jobs in the Netherlands and Belgium.
Caution is warranted given limits on the Fed's ability to counter a recession, said William Dudley.
The local sharemarket is poised to open lower as firming bets on a December rate hike saw Wall Street slide, while it's RBA day.
Oil advanced to a three-month high as traders continued to assess last week's change in OPEC policy.
The pound fell after UK Prime Minister Theresa May set a timeframe for leaving the European Union.
Shares end the day slightly higher after trading in the red for large parts of the session, while the dollar slips slightly as the RBA keeps rates on hold.
Ham, bacon, ribs, pork loins -- if it has to do with pigs, prices are in the doldrums.
News of a possible Deutsche Bank deal gave investors some relief, though volumes were light due to the Labour Day holiday.
As investors flee Deutsche Bank, CLSA's Brian Johnson insists the Basel reforms should take place and applauds APRA's tightening of standards at home.
Global banking giants make a nice return by capturing their share of the trillions of dollars that course through financial markets each day. But few are as reliant on this business as Deutsche Bank.
The pound fell after UK Prime Minister Theresa May set a timeframe for leaving the European Union.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.7655 | 0.765 | -0.0020fall | -0.26% fall |
AUD/EUR | 0.6852 | 0.6849 | 0.0009rise | 0.13% rise |
Updated: October 4, 2016 - 6:15PM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 4,080,384,474 | 2,131,559,451 | 991,559 |
Industrial | 3,240,189,053 | 797,058,606 | 804,938 |
Mining | 831,717,265 | 1,334,245,723 | 183,112 |
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 |
---|---|---|---|---|
CMC | CHINA MAGNESIUM CORP | 0.055rise | 0.025 | 0.025 |
LTR | LIONTOWN RESOURCES | 0.046rise | 0.029 | 0.029 |
MTB | MOUNT BURGESS MINING | 0.023rise | 0.016 | 0.017 |
ST1 | SPIRIT TELECOM LTD | 0.030rise | 0.021 | 0.024 |
AJL | AJ LUCAS GROUP | 0.595rise | 0.430 | 0.430 |
GRV | GREENVALE ENERGY LTD | 0.058rise | 0.044 | 0.044 |
BKN | BRADKEN LIMITED | 3.230rise | 2.480 | 2.530 |
MZN | MARINDI METALS LTD | 0.022rise | 0.018 | 0.020 |
OVL | ORO VERDE LTD | 0.028rise | 0.023 | 0.023 |
KDR | KIDMAN RESOURCES LTD | 0.820rise | 0.695 | 0.710 |
Updated: October 4, 2016 - 4:12PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
FFC | FARMAFORCE LTD | 0.110fall | 0.130 | 0.115 |
USA | URANIUMSA LIMITED | 0.008fall | 0.009 | 0.009 |
RMX | RED MOUNT MIN LTD | 0.011fall | 0.012 | 0.012 |
TPM | TPG TELECOM LIMITED | 8.270fall | 8.610 | 8.600 |
CXU | CAULDRON ENERGY LTD | 0.054fall | 0.056 | 0.056 |
HZN | HORIZON OIL LIMITED | 0.037fall | 0.038 | 0.038 |
1PG | 1-PAGE LTD | 0.217fall | 0.220 | 0.220 |
POU | BETASHARES POUND ETF | 16.570fall | 16.760 | 16.760 |
Updated: October 4, 2016 - 5:30PM |
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 |
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