Markets Live: ASX struggles amid broad selling
Broad-based selling pushes the ASX below 5400 points, with resources the lone bright spot in a soft start to the week.
Broad-based selling pushes the ASX below 5400 points, with resources the lone bright spot in a soft start to the week.
Broad-based selling pushes the ASX below 5400 points, with resources the lone bright spot in a soft start to the week.
Shares in Coca-Cola Amatil slumped on Monday amid deepening investor concerns over the company's growth prospects.
Chinese firms are learning to soothe misgivings about the country's record $US207 billion ($272 billion) overseas buying spree.
Investors are under-appreciating how significant a change in bonds will be on the price of inflated assets says fund manager Roger Montgomery.
The local sharemarket ...
The coming days carry crucial tests for the new RBA governor and bank shareholders as quarterly inflation figures are released and NAB reports it annual profits.
The outlook for global inflation is on the turn, but economists are more worried that CPI figures this week might force the RBA into cutting rates again.
Broad-based selling pushes the ASX below 5400 points, with resources the lone bright spot in a soft start to the week.
Wall Street closed little changed after erasing an early selloff, as deal activity boosted consumer stocks and Microsoft shares rallied to a record.
Time Warner shares surged on news the media giant may agree to a takeover by AT&T; this weekend.
US stocks closed little changed on concerns a US stronger dollar will damp corporate earnings.
For the Brazillian iron ore giant, it's all about protecting ever-narrowing profit margins.
Getting rid of most bank notes could give central banks another weapon to lift growth and to prepare for the next recession, leading economists says.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.7627 | 0.7626 | 0.0023rise | 0.30% rise |
AUD/EUR | 0.7002 | 0.6997 | 0.0021rise | 0.30% rise |
Updated: October 24, 2016 - 11:42PM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 4,088,131,448 | 1,986,567,906 | 989,993 |
Industrial | 3,397,093,614 | 761,250,557 | 829,346 |
Mining | 667,892,639 | 1,224,992,602 | 155,608 |
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 |
---|---|---|---|---|
LBL | LASERBOND LIMITED | 0.135rise | 0.130 | 0.135 |
ACQ | ACORN CAP INV FUND | 1.090rise | 1.055 | 1.090 |
AMN | AGRIMIN LTD | 0.660rise | 0.650 | 0.610 |
FGX | FUTURE GEN LTD | 1.165rise | 1.160 | 1.160 |
IIL | INNATE IMMUNO | 0.740rise | 0.740 | 0.585 |
AON | APOLLO MINERALS LTD | 0.135rise | 0.135 | 0.105 |
ASZ | ASG GROUP LIMITED | 1.610rise | 1.610 | 1.595 |
BPT | BEACH ENERGY LIMITED | 0.805rise | 0.805 | 0.680 |
CLW | CHTR H LWR | 0.000rise | 0.000 | 0.000 |
EGA | EGAN STREET RES LTD | 0.335rise | 0.335 | 0.320 |
Updated: October 24, 2016 - 6:50PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
DDT | DATADOT TECHNOLOGY | 0.015fall | 0.016 | 0.016 |
CYY | COVENTRY RES. | 0.017fall | 0.018 | 0.022 |
BWP | BWP TRUST | 3.000fall | 3.050 | 3.050 |
CHP | CHAPMANS LIMITED | 0.002fall | 0.002 | 0.003 |
CMY | CAPITAL MINING | 0.002fall | 0.002 | 0.002 |
CV1 | CV CHECK LTD | 0.105fall | 0.105 | 0.110 |
ACG | ATCOR MEDICAL | 0.090fall | 0.090 | 0.091 |
ADY | ADMIRALTY RESOURCES. | 0.008fall | 0.008 | 0.010 |
AHL | AHALIFE HOLDINGS LTD | 0.080fall | 0.080 | 0.100 |
ARV | ARTEMIS RESOURCES | 0.001fall | 0.001 | 0.001 |
Updated: October 24, 2016 - 6:50PM |
Company | Security Code | Float date | Issue $ |
---|---|---|---|
Apollo Tourism and Leisure Ltd | ATL | 04/11/2016 | 1.00 |
CFOAM Limited | CFO | 0.20 | |
Davenport Resources Limited | DAV | 27/10/2016 | 0.20 |
DomaCom Limited | DCL | 0.75 | |
Faster Enterprises Ltd | FE8 | 0.20 |
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