Markets Live: Investors bet on Hillary
![Traders are in for a volatile election day.](/web/20161109001409im_/http://www.smh.com.au/content/dam/images/g/n/i/w/5/h/image.related.landscape.120x80.gsl0of.png/1478650174579.jpg)
Stocks rise and the dollar surges to a six-month high as investors grow more confident of a Clinton victory.
Stocks rise and the dollar surges to a six-month high as investors grow more confident of a Clinton victory.
Global miner Rio Tinto has suspended two senior executives following the discovery of large payments to a consultant who worked on the Simandou iron ore project in Guinea.
The Mexican peso is surging. Wall Street is moving higher. These are all signs of increased confidence among market participants that Hillary Clinton will win. But some are hedging their bets.
The Australian dollar hurled itself higher this morning as investors positioned themselves for a Clinton win.
US stocks advanced as investors awaited election results amid a tight contest for president.
The ASX should rise modestly at the open, as markets, betting on a Hillary victory, follow a positive lead from Wall Street.
A "Clinton-in-the-clear" rally overseas failed to spur a second strong session on the ASX, which closed with only marginal gains.
The events of the past 10 days - which have seen stocks, currencies, and commodities fluctuate in response to changes in the US presidential race - drive this message home: elections can matter for financial markets, even if in some cases the effects are only temporary.
Stocks rise and the dollar surges to a six-month high as investors grow more confident of a Clinton victory.
China's commodity futures markets are again surging, but this time the frenzy is not purely speculative.
After spending $2 billion on big new projects in Australia and the US, investors in fertilizerย to explosives group Incitec Pivot may have to wait a little longer toย benefit, with the focus for now on reducing debt. At the same time, the group is cool towards the uptick being seen in commodity prices,ย
An overnight rally in the dollar took the currency close to a three-month high but faded during the local session.
Shares in takeover target UGL continued to hold out of reach of the bidder for the company, the Spanish-controlled CIMIC, despite the board's capitulation Monday, when it told shareholders they should accept the offer.
The Australian dollar hurled itself higher this morning as investors positioned themselves for a Clinton win.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.7751 | 0.7747 | -0.0014fall | -0.18% fall |
AUD/EUR | 0.7038 | 0.7034 | -0.0004fall | -0.06% fall |
Updated: November 9, 2016 - 10:42AM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 975,366,423 | 575,569,874 | 191,717 |
Industrial | 735,271,445 | 165,931,913 | 152,290 |
Mining | 238,272,106 | 409,596,438 | 38,523 |
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 companyย just released its first quarterly earnings report since listing on the Nasdaq late last year.ย
Markets are in a well-oiled "death spiral," analysts at Citigroup say.
Code | Name | New Highs | Last Week | Last Month |
---|---|---|---|---|
VII | VIETNAM INDUSTRIAL | 0.440rise | 0.290 | 0.260 |
BD1 | BARD1 LIFE SCIENCES | 0.044rise | 0.036 | 0.041 |
FTT | FACTOR THERAPTCS LTD | 0.075rise | 0.066 | 0.073 |
OZL | OZ MINERALS | 7.820rise | 7.080 | 6.710 |
SGM | SIMS METAL MGMT LTD | 11.420rise | 10.450 | 10.140 |
IGO | INDEPENDENCE GROUP | 4.750rise | 4.390 | 4.390 |
TPC | TPC CONSOLIDATED LTD | 0.700rise | 0.650 | 0.630 |
AWC | ALUMINA LIMITED | 1.685rise | 1.592 | 1.615 |
QAU | BETASHARES GOLD ETF | 14.450rise | 13.760 | 14.400 |
MIN | MINERAL RESOURCES. | 12.370rise | 11.800 | 11.980 |
Updated: November 9, 2016 - 11:12AM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
IBN | IBUYNEW GROUP LTD | 0.009fall | 0.013 | 0.012 |
PRO | PROPHECY INTERNATION | 0.750fall | 0.790 | 0.885 |
IHS | INTERPOSE HOLDINGS | 0.024fall | 0.025 | 0.025 |
TMP | TECH MPIRE LIMITED | 0.220fall | 0.225 | 0.225 |
BKW | BRICKWORKS LIMITED | 12.710fall | 12.880 | 13.350 |
SKC | SKYCITY ENT GRP LTD | 3.390fall | 3.430 | 3.470 |
CLW | CHTR H LWR | 3.950fall | 0.000 | 0.000 |
DCL | DOMACOM LIMITED | 0.305fall | 0.000 | 0.000 |
Updated: November 9, 2016 - 11:12AM |
Code | Time | Announcement |
---|---|---|
8EC | 10:52AM | Change of Director's Interest Notice - Tony McDonald |
ASH | 10:50AM | 2016 AGM presentation |
IRE | 10:47AM | IRESS appoints new Group Executive |
EQE | 10:42AM | Change in substantial holding |
SWM | 10:41AM | Annual General Meeting Addresses |
BYR | 10:35AM | Burey reports High Gold Recoveries from CIL Testwork |
ERF | 10:32AM | Top 20 holders |
ERF | 10:30AM | Securities Trading Policy |
ERF | 10:30AM | Pre-quotation disclosure |
ERF | 10:30AM | Financial Reports for ERPF I & ERPF II |
Company | Security Code | Float date | Issue $ |
---|---|---|---|
Autosports Group Limited | ASG | 16/11/2016 | 2.40 |
Blockchain Global Limited | BCG | 0.20 | |
Bravura Solutions Limited | BVS | 16/11/2016 | 1.45 |
Davenport Resources Limited | DAV | 27/10/2016 | 0.75 |
Dragontail Systems Limited | DTS | 10/11/2016 | 0.20 |
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