Markets Live: Crown pulls ASX below 5400
ASX drops as investors smash casino operators following weekend raids on Crown offices in China.
ASX drops as investors smash casino operators following weekend raids on Crown offices in China.
The local sharemarket looks set to open flat to slightly weaker after US and European markets drifted down overnight.
​Oil prices settled down with a spike in trade volume driving US prices below $US50 a barrel.
Billionaire Carl Icahn is wary because of weak growth in the US as well as in emerging markets.
Aluminium prices fell to two-week lows due to worries about Chinese producers ramping up output.
Fed vice chair Stanley Fischer said government policies could help offset lower productivity.
Bank of America said trading revenue for the period rose to the highest in five years.
The US dollar is trending higher as investors foresee an interest rate increase come December.
ASX drops as investors smash casino operators following weekend raids on Crown offices in China.
The Australian dollar has risen against the greenback on stronger oil and commodity prices.
The ASX ended sharply lower as investors reacted to news of the detention of Crown employees in China.
Shares in Thai gold mine owner Kingsgate Consolidated collapsed Monday when trading resumed after a five month suspension following a government decision to force it to close its mine by the end of the year.
Earnings are set to turn positive and level the playing field for unloved value stocks, Credit Suisse says.
The US dollar is trending higher as investors foresee an interest rate increase come December.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.7628 | 0.7627 | 0.0016rise | 0.21% rise |
AUD/EUR | 0.6935 | 0.6932 | -0.0003fall | -0.04% fall |
Updated: October 18, 2016 - 7:56AM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 4,139,390,607 | 2,144,169,097 | 978,703 |
Industrial | 3,372,426,737 | 719,117,477 | 800,905 |
Mining | 759,709,146 | 1,424,876,083 | 174,372 |
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 |
---|---|---|---|---|
AOA | AUSMON RESORCES | 0.015rise | 0.009 | 0.012 |
BEE | BROO LTD | 0.450rise | 0.280 | 0.000 |
LIN | LINDIAN RESOURCES | 0.003rise | 0.002 | 0.002 |
GPP | GREENPOWER ENRGY LTD | 0.013rise | 0.010 | 0.006 |
CGS | COGSTATE LTD | 1.100rise | 0.900 | 0.975 |
YAL | YANCOAL AUST LTD | 0.400rise | 0.340 | 0.260 |
NTM | NORTHERN MANGANESE | 0.075rise | 0.065 | 0.070 |
MTA | METALS OF AFRICA LTD | 0.090rise | 0.081 | 0.055 |
IIL | INNATE IMMUNO | 0.680rise | 0.620 | 0.585 |
GMC | GULF MANGANESE CORP | 0.027rise | 0.025 | 0.024 |
Updated: October 17, 2016 - 4:14PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
KCN | KINGSGATE CONSOLID. | 0.130fall | 0.410 | 0.410 |
LFC | LIFE CORPORATION | 0.005fall | 0.012 | 0.012 |
LNY | LANEWAY RES LTD | 0.002fall | 0.003 | 0.003 |
NWE | NORWEST ENERGY NL | 0.002fall | 0.003 | 0.002 |
PVL | POWERHOUSE VEN LTD | 0.820fall | 0.920 | 0.000 |
CTO | CITIGOLD CORP LTD | 0.011fall | 0.012 | 0.012 |
HCH | HOT CHILI LTD | 0.041fall | 0.044 | 0.042 |
CGN | CRATER GOLD MIN LTD | 0.047fall | 0.050 | 0.050 |
KOR | KORAB RESOURCES | 0.018fall | 0.019 | 0.018 |
TPM | TPG TELECOM LIMITED | 7.460fall | 7.770 | 8.600 |
Updated: October 17, 2016 - 6:50PM |
Code | Time | Announcement |
---|---|---|
ISU | 08:04AM | Daily share buy-back notice - Appendix 3E |
FBU | 08:04AM | ASM Presentation |
FBU | 08:03AM | Chairman's Address to Shareholders |
CNU | 07:40AM | Deal agreed for non standard UFB installations |
ZOR | 07:13AM | MAP Test |
ZOR | 07:09AM | E Map Test |
Company | Security Code | Float date | Issue $ |
---|---|---|---|
Antipodes Global Investment Company Limited | APL | 18/10/2016 | 1.10 |
Apollo Tourism and Leisure Ltd | ATL | 04/11/2016 | 1.00 |
CFOAM Limited | CFO | 0.20 | |
Creso Pharma Limited | CPH | 0.20 | |
Davenport Resources Limited | DAV | 27/10/2016 | 0.20 |
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