Markets Live: Wesfarmers falls most since GFC
![Economists are tipping headline inflation inched up to 0.5 per cent in the third quarter.](/web/20161026070824im_/http://www.smh.com.au/content/dam/images/g/p/8/5/b/0/image.related.landscape.120x80.gsanyr.png/1477460816883.jpg)
The ASX 200 hit a five-week low with Wesfarmers a low-light amid a broad sell-off, while the Aussie jumped on inflation data.
The ASX 200 hit a five-week low with Wesfarmers a low-light amid a broad sell-off, while the Aussie jumped on inflation data.
Wesfarmers' worst day since the GFC and a number of other disappointing earnings updates led the ASX to a five-week low.
Bega Cheese shares continued to fall amid concerns over an infant milk formula market push into China along with broader milk industry woes
Speculators betting on iron ore futures drove the price higher earlier this year, but this week's jump is underpinned by something a lot more solid.
Ardent Leisure shares have been hard hit by investors falling 14.89 per cent, or 35¢ to $2 a security at the start of today's trade session.
The recent run of miners including Fortescue and Whitehaven is far from over, UBS is convinced.
The local sharemarket is tipped to slip at the open.
ECB president Mario Draghi does not see the current record low rates in Europe as a 'new normal'.
The ASX 200 hit a five-week low with Wesfarmers a low-light amid a broad sell-off, while the Aussie jumped on inflation data.
Fiscal policy is the "gravy" to the infrastructure sector, CBRE Clairon's head of infrastructure says.
Iron ore is surging thanks to its bulk-commodity compatriot, coal.
President Duterte's anti-US rhetoric has scared off some international investors, but some still think the country is a solid growth story.
Ardent Leisure shares fell almost 12 per cent on news people had died at its Dreamworld theme park, but the broader ASX rose 0.6 per cent.
The offshore yuan fell to a record low as China signalled a willingness for greater flexibility.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.7697 | 0.7695 | 0.0050rise | 0.65% rise |
AUD/EUR | 0.706 | 0.7056 | 0.0035rise | 0.50% rise |
Updated: October 26, 2016 - 5:35PM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 5,437,886,688 | 2,121,946,325 | 1,176,785 |
Industrial | 4,234,475,433 | 846,792,570 | 966,367 |
Mining | 1,139,529,486 | 1,274,573,096 | 202,101 |
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 |
---|---|---|---|---|
DYL | DEEP YELLOW LIMITED | 0.015rise | 0.007 | 0.005 |
NAE | NEW AGE EXPLORATION | 0.022rise | 0.016 | 0.019 |
VHT | VOLPARA HEALTH TECH | 0.880rise | 0.695 | 0.590 |
DGR | DGR GLOBAL LTD | 0.105rise | 0.084 | 0.063 |
IAM | INTIGER GROUP LTD | 0.048rise | 0.039 | 0.045 |
EMH | EUROPEAN METALS HLDG | 0.700rise | 0.570 | 0.645 |
GGG | GREENLAND MIN EN LTD | 0.095rise | 0.078 | 0.060 |
SAS | SKY AND SPACE GLOBAL | 0.056rise | 0.046 | 0.049 |
OSP | OSPREY MED INC | 0.460rise | 0.395 | 0.420 |
IPC | IMPERIAL PACIFIC LTD | 0.800rise | 0.700 | 0.750 |
Updated: October 26, 2016 - 5:30PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
WLF | WOLF MINERALS | 0.069fall | 0.105 | 0.100 |
AGI | AINSWORTH GAME TECH. | 1.600fall | 2.065 | 2.150 |
ATM | ANEKA TAMBANG | 1.000fall | 1.250 | 1.250 |
EOR | EN OIL GAS LTD | 0.004fall | 0.005 | 0.006 |
KDL | KIM DIAMONDS LTD | 0.045fall | 0.055 | 0.060 |
JHL | JAYEX HEALTHCARE LTD | 0.042fall | 0.050 | 0.076 |
CV1 | CV CHECK LTD | 0.091fall | 0.105 | 0.110 |
HCH | HOT CHILI LTD | 0.035fall | 0.040 | 0.042 |
FFI | F.F.I. HOLDINGS | 3.150fall | 3.550 | 3.300 |
EYM | ELYSIUM RESOURCES | 0.008fall | 0.009 | 0.011 |
Updated: October 26, 2016 - 4:41PM |
Code | Time | Announcement |
---|---|---|
ETE | 05:42PM | Quarterly Cashflow Report |
CET | 05:42PM | Notice of Change of ETF Name |
RSH | 05:41PM | Appendix 3Z - Final Director's Interest Notices (DH & RBH) |
RIC | 05:41PM | Notice of Annual General Meeting/Proxy Form |
ETE | 05:40PM | Quarterly Activities Report |
SFG | 05:40PM | SFG Corporate Governance Statement |
ZGM | 05:39PM | Quarterly Cashflow Report |
CYB | 05:39PM | Directorate Change |
AOG | 05:38PM | AOG Cleansing Statement |
YTM | 05:38PM | NAV OF XTBs ON ISSUE |
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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