Markets Live: Bears savage gold stocks
Shares drop, with gains in energy stocks offset by more losses in gold miners, while caution reigns ahead of key US jobs data.
Shares drop, with gains in energy stocks offset by more losses in gold miners, while caution reigns ahead of key US jobs data.
The percentage of traders pencilling a US rate hike edged higher after the release of September jobs data.
Barrick Gold's stake in the Kalgoorlie Super Pit mine has drawn interest from Kinross Gold Corp. and Zijin Mining Group Co. in a sale that could fetch as much as $US1 billion.
Stocks ended little changed as investors turn their attention to the start of the earnings season.
Qatar's royal family is considering increasing its stake in Deutsche Bank to as much as 25 per cent.
Goldman Sachs's Gary Cohn doesn't see an end to the current malaise gripping the world economy.
The drivers of the decline have been long in the making, and the implications have yet to play out.
Employers continued to add to payrolls as record openings drew more Americans into the workforce.
Shares drop, with gains in energy stocks offset by more losses in gold miners, while caution reigns ahead of key US jobs data.
The pound lost as much as 10 per cent of its value in just a few minutes of trading on Friday, a "flash crash" that fuelled concerns about the vulnerability of the currency post-Brexit.
The ASX managed to close higher for the week as energy stock rose on the back of a buoyant oil price.
Currency traders are puzzling about a 'flash crash' in the pound that shook up forex markets as the prospect of a 'hard Brexit' rears its head again.
Resurgent prices rather than volumes has prompted a key government forecaster to hike its view of Australia's resources and energy exports in the year ahead
The percentage of traders pencilling a US rate hike edged higher after the release of September jobs data.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.7588 | 0.7583 | 0.0008rise | 0.11% rise |
AUD/EUR | 0.6774 | 0.6767 | 0.0005rise | 0.07% rise |
Updated: October 8, 2016 - 10:00AM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 4,726,572,281 | 2,041,159,414 | 1,030,408 |
Industrial | 3,662,448,135 | 767,375,271 | 829,774 |
Mining | 1,014,901,838 | 1,273,509,236 | 197,433 |
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 |
---|---|---|---|---|
INL | INTEC LTD | 0.027rise | 0.006 | 0.009 |
IEC | INTRA ENERGY CORP | 0.018rise | 0.011 | 0.012 |
PGY | PILOT ENERGY LTD | 0.003rise | 0.002 | 0.003 |
ZNC | ZENITH MINERALS LTD | 0.160rise | 0.110 | 0.110 |
CXO | CORE EXPLORATION LTD | 0.150rise | 0.105 | 0.105 |
AJL | AJ LUCAS GROUP | 0.600rise | 0.430 | 0.430 |
CZN | CORAZON LTD | 0.018rise | 0.013 | 0.014 |
BRL | BATHURST RES LTD. | 0.046rise | 0.035 | 0.037 |
BKN | BRADKEN LIMITED | 3.240rise | 2.480 | 2.530 |
BOE | BOSS RESOURCES LTD | 0.074rise | 0.057 | 0.058 |
Updated: October 7, 2016 - 6:50PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
OGX | ORINOCO GOLD LTD | 0.115fall | 0.160 | 0.155 |
IVX | INVION LTD | 0.003fall | 0.004 | 0.003 |
WKT | WALKABOUT RESOURCES | 0.003fall | 0.004 | 0.004 |
PPY | PAPYRUS AUSTRALIA | 0.006fall | 0.007 | 0.007 |
OEX | OILEX LTD | 0.007fall | 0.008 | 0.008 |
USA | URANIUMSA LIMITED | 0.008fall | 0.009 | 0.009 |
ERJ | ENERJI LTD | 0.008fall | 0.009 | 0.009 |
KOR | KORAB RESOURCES | 0.018fall | 0.020 | 0.018 |
ADR | ADHERIUM LTD | 0.320fall | 0.350 | 0.340 |
CTO | CITIGOLD CORP LTD | 0.011fall | 0.012 | 0.012 |
Updated: October 7, 2016 - 6:50PM |
Code | Time | Announcement |
---|---|---|
ZOR | 07 Oct 16 | End of Day |
GZL | 07 Oct 16 | Change in substantial holding |
SRF | 07 Oct 16 | Preliminary Final Report |
OTC | 07 Oct 16 | Change in substantial holding |
IRD | 07 Oct 16 | Notice of Annual General Meeting/Proxy Form |
TLM | 07 Oct 16 | Change of Director's Interest Notice - Gadsby |
TLM | 07 Oct 16 | Appendix 3B - unlisted option expiry and cancellation |
LIN | 07 Oct 16 | Appendix 3B |
KTA | 07 Oct 16 | Information Required Under ASX Listing Rule 3.10.5A |
KTA | 07 Oct 16 | Appendix 3B |
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 |
Duxton Water Limited | D2O | 16/09/2016 | 1.10 |
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