Markets Live: Investors dump shares in torrid week
A steep plunge in AMP following a surprise write-down capped a poor weekly performance from the sharemarket.
A steep plunge in AMP following a surprise write-down capped a poor weekly performance from the sharemarket.
The week is jam-packed with major risk events, including a Fed meeting and the final stretch of the US election race.
​OPEC officials meeting in Vienna on a plan to reduce oil production hit a roadblocked with Iran.
Exxon Mobil said it may need to slash proved reserves by near 20 per cent if oil prices stay low.
German bonds headed for their worst month since 2013 as a global selloff deepened.
US economic growth picked up in the third quarter after an uninspiring first half of the year.
Investors dumped high-yield defensive stocks and punished a spate of poor performers in the ASX's worst week since June.
US Treasury yields climbed to near five-month peaks, spurred by gains in German and British bonds.
A steep plunge in AMP following a surprise write-down capped a poor weekly performance from the sharemarket.
The local share market is set for a slightly stronger open today, while traders will be watching Macquarie's results.
Scotland may get its own stock exchange using the latest technology to underpin the system.
Vale shares rose to a two-year high after the iron-ore miner beat analysts' earnings estimates.
Having failed to find an acquirer, Twitter has sketched out a plan to turning a profit by next year.
In the global currency market, the darkest hour comes just as dawn is breaking in Asia and traders in Sydney are starting their day.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.7604 | 0.7599 | 0.0004rise | 0.05% rise |
AUD/EUR | 0.6925 | 0.6917 | 0.0007rise | 0.10% rise |
Updated: October 29, 2016 - 10:00AM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 5,734,652,899 | 2,271,137,296 | 1,019,863 |
Industrial | 4,598,162,762 | 875,993,115 | 845,396 |
Mining | 1,117,508,275 | 1,394,794,992 | 169,524 |
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 |
---|---|---|---|---|
SAS | SKY AND SPACE GLOBAL | 0.093rise | 0.046 | 0.049 |
NAE | NEW AGE EXPLORATION | 0.030rise | 0.016 | 0.019 |
PMP | PMP LIMITED | 0.875rise | 0.655 | 0.670 |
NOX | NOXOPHARM LIMITED | 0.270rise | 0.205 | 0.195 |
ALC | ALCIDION GROUP LTD | 0.096rise | 0.073 | 0.070 |
CUV | CLINUVEL PHARMACEUT. | 9.190rise | 7.020 | 6.750 |
IAM | INTIGER GROUP LTD | 0.051rise | 0.039 | 0.045 |
QST | QUEST INVESTMENTS | 0.140rise | 0.110 | 0.110 |
MTA | METALS OF AFRICA LTD | 0.130rise | 0.105 | 0.055 |
AMN | AGRIMIN LTD | 0.790rise | 0.650 | 0.610 |
Updated: October 28, 2016 - 6:50PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
LIN | LINDIAN RESOURCES | 0.001fall | 0.002 | 0.001 |
RCP | REDBANK COPPER LTD | 0.001fall | 0.002 | 0.001 |
VMG | VDM GROUP LIMITED | 0.002fall | 0.003 | 0.002 |
CUL | CULLEN RESOURCES | 0.002fall | 0.003 | 0.003 |
EXG | EXCELSIOR GOLD LTD | 0.016fall | 0.024 | 0.041 |
HCH | HOT CHILI LTD | 0.028fall | 0.040 | 0.042 |
CV1 | CV CHECK LTD | 0.080fall | 0.105 | 0.110 |
BGA | BEGA CHEESE LTD | 4.945fall | 6.380 | 6.130 |
CEL | CHALLENGER ENERGY | 0.020fall | 0.025 | 0.020 |
KKO | KINETIKO ENERGY LTD | 0.024fall | 0.030 | 0.025 |
Updated: October 28, 2016 - 6:50PM |
Company | Security Code | Float date | Issue $ |
---|---|---|---|
Apollo Tourism and Leisure Ltd | ATL | 04/11/2016 | 1.00 |
Davenport Resources Limited | DAV | 27/10/2016 | 0.20 |
DomaCom Limited | DCL | 0.75 | |
Faster Enterprises Ltd | FE8 | 0.20 | |
H2Ocean Limited | H2O | 1.10 |
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