Markets Live: Bulls drive ASX above 5500
![Shares are on track for strong weekly gains.](/web/20161126083646im_/http://www.smh.com.au/content/dam/images/g/s/d/j/q/r/image.related.landscape.120x80.gsx721.png/1480052000459.jpg)
Shares extend this week's rally, led up by more gains in the big miners and a rally in Tatts, while banks slip.
Shares extend this week's rally, led up by more gains in the big miners and a rally in Tatts, while banks slip.
Wall Street's three main indexes closed at record highs on Friday, helped by gains in consumer staples.
Saudi Arabia won't meet with non-OPEC nations including Russia amid disagreements about how to share the supply cuts.
After numerous false starts, the idea of a 'Great Rotation' out of bonds into stocks is again gaining traction.
Zinc, the best performing metal on the London Metal Exchange this year, powered to its highest in more than eight years.
China's iron ore imports from India surged in October and purchases from Australia grew slightly, customs data showed.
The sharemarket burst through 5500 to a three-month high, as commodities spearheaded a solid week of gains.
The drop in emerging market currencies may have gone too far, though perhaps not for the Turkish lira, South African rand or Mexican peso.
Shares extend this week's rally, led up by more gains in the big miners and a rally in Tatts, while banks slip.
UK government forecasts showed wages will stagnate for the next five years, according to The Institute for Fiscal Studies.
The local share market is set to lift at the open.
Wilbur Ross is expected to be President-elect Donald Trump's choice for commerce secretary.
Barrick Gold is reviewing the finances of a $1.8 billion bid for its half stake in the Kalgoorlie mine.
In a surprisingly upbeat note, Goldman Sachs has upgraded its growth forecasts and says there is a chance the RBA will start lifting interest rates next year.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.7459 | 0.743 | 0.0024rise | 0.32% rise |
AUD/EUR | 0.7043 | 0.7013 | -0.0003fall | -0.04% fall |
Updated: November 26, 2016 - 10:49AM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 6,375,821,768 | 2,251,002,704 | 865,500 |
Industrial | 4,655,999,998 | 935,138,316 | 690,279 |
Mining | 1,688,882,047 | 1,315,419,893 | 170,234 |
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 |
---|---|---|---|---|
TMZ | THOMSON RES LTD | 0.070rise | 0.035 | 0.052 |
ICG | INCA MINERALS LTD | 0.021rise | 0.012 | 0.014 |
A3D | AURORA LABS LIMITED | 2.600rise | 1.750 | 1.300 |
NTI | NEUROTECH INTL | 0.555rise | 0.385 | 0.000 |
GGX | GAS2GRID LIMITED | 0.004rise | 0.003 | 0.003 |
AON | APOLLO MINERALS LTD | 0.150rise | 0.115 | 0.135 |
RLC | REEDY LAGOON CORP. | 0.013rise | 0.010 | 0.010 |
BUX | BUXTON RESOURCES LTD | 0.145rise | 0.120 | 0.110 |
BSR | BASSARI RESOURCES | 0.041rise | 0.034 | 0.022 |
GLF | GULF IND LTD | 0.012rise | 0.010 | 0.009 |
Updated: November 25, 2016 - 4:10PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
DTM | DART MINING NL | 0.007fall | 0.011 | 0.009 |
DME | DOME GOLD MINES LTD | 0.220fall | 0.325 | 0.280 |
PPY | PAPYRUS AUSTRALIA | 0.005fall | 0.007 | 0.005 |
LGO | LONGREACH OIL LTD. | 0.003fall | 0.004 | 0.004 |
ZRL | ZAMBEZI RESOURCES | 0.031fall | 0.039 | 0.032 |
MEM | MEMPHASYS LTD | 0.004fall | 0.005 | 0.005 |
MYQ | MYFIZIQ LIMITED | 0.040fall | 0.050 | 0.040 |
NSE | NEW STANDARD ENERGY | 0.004fall | 0.005 | 0.004 |
JCI | JC INTERN GROUP LTD | 0.700fall | 0.850 | 0.750 |
NET | NETLINKZ LIMITED | 0.020fall | 0.024 | 0.028 |
Updated: November 25, 2016 - 4:10PM |
Code | Time | Announcement |
---|---|---|
ZOR | 25 Nov 16 | End of Day |
RLC | 25 Nov 16 | Change in substantial holding |
RLC | 25 Nov 16 | Ceasing to be a substantial holder |
FNT | 25 Nov 16 | Change of Directors' Interest Notices |
BCI | 25 Nov 16 | AGM Results |
SRK | 25 Nov 16 | Lapse of Unlisted Options |
A3D | 25 Nov 16 | Trading Halt |
EXG | 25 Nov 16 | Appendix 3C - Buy-Back of Previous Employees Shares |
GMD | 25 Nov 16 | Appendix 3B |
BMG | 25 Nov 16 | Despatch of Notices to Shareholders |
Company | Security Code | Float date | Issue $ |
---|---|---|---|
Autosports Group Limited | ASG | 16/11/2016 | 2.40 |
Apollo Tourism and Leisure Ltd | ATL | 04/11/2016 | 1.00 |
Blockchain Global Limited | BCG | 0.20 | |
Bravura Solutions Limited | BVS | 16/11/2016 | 1.45 |
Charter Hall Long WALE REIT | CLW | 08/11/2016 | 4.00 |
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