Business

Movers

Markets Live: ASX slips on oil

The steep fall has prompted several global banks to cut oil price forecasts.

Shares fall in a cautious start to the week as a sharp fall in the oil price weighs on energy stocks, while Metcash jumps on results.

ASX falls ahead of OPEC meeting

Investors are nervous ahead of the OPEC meeting on Wednesday.

The ASX fell almost 1 per cent as investors ignored climbing metals prices and instead sold energy stocks after oil dropped sharply.

'Asymmetric' OPEC risk to weigh on ASX

Investors will be largely focused on the oil market this week.

After months of negotiation and speculation, OPEC meets on Wednesday to hammer out an oil production deal while investors will also be keenly awaiting the US jobs report on Friday.

Market Activity

  • Advances
    Price
    167.00
    Percentage up/down
    35.53% rise
  • Declines
    Price
    229.00
    Percentage up/down
    48.72% fall
  • Unchanged
    Price
    74.00
    Percentage up/down
    15.74% steady
Last updated:

Markets Live: ASX slips on oil

Shares fall in a cautious start to the week as a sharp fall in the oil price weighs on energy stocks, while Metcash jumps on results.

Advertisement

Currencies

Despite the mini-boom in commodity prices, the Aussie dollar has over the past months hardly strengthened.

Goldman turns bullish on economy and $A

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.

Wholesale Interbank Rates
Currencies Buys ($AU1) Sells ($AU1) $ Mvmt % Mvmt
AUD/USD 0.7477 0.7476 0.0046rise 0.62% rise
AUD/EUR 0.7016 0.7014 0.0006rise 0.09% rise
Updated: November 28, 2016 - 8:13PM

Market Details

Volatility S&P;/ASX 200 VIX
Price
12.35
Change in
0.4410rise
Percentage up/down
(3.70%) rise
Today's market compared to previous close
Turnover
Sector Turnover ($AU) Volume Trades
Market total 3,725,609,961 1,934,688,049 895,494
Industrial 2,752,045,764 612,592,479 707,150
Mining 961,671,216 1,321,809,293 184,398
Last updated: November 28, 2016 - 5:55PM

Insider Tips

ASX - 52 Weeks Highs

Code Name New Highs Last Week Last Month
RLC REEDY LAGOON CORP. 0.022rise 0.013 0.010
SIH SIHAYO GOLD LIMITED 0.025rise 0.021 0.024
LKE LAKE RESOURCES 0.080rise 0.070 0.070
GPP GREENPOWER ENRGY LTD 0.044rise 0.039 0.024
MDC MEDLAB CLINICAL LTD 0.860rise 0.775 0.610
TPC TPC CONSOLIDATED LTD 1.155rise 1.050 0.630
IBG IRONBARK ZINC LTD 0.110rise 0.102 0.080
ALC ALCIDION GROUP LTD 0.145rise 0.135 0.096
BUX BUXTON RESOURCES LTD 0.155rise 0.145 0.110
MVT MERCANTILE INVEST 0.170rise 0.160 0.165
Updated: November 28, 2016 - 5:30PM

ASX - 52 Weeks Highs

Code Name New Lows Last Week Last Month
VIC VICTORY MINES LTD 0.008fall 0.012 0.030
SVH SILVER HERITAGE GRP 0.140fall 0.190 0.250
OHE ORION HEALTH GRP 1.965fall 2.500 3.050
GTG GENETIC TECHNOLOGIES 0.010fall 0.012 0.013
XIP XENITH IP GROUP LTD 2.620fall 3.000 3.100
POW PROTEAN ENERGY LTD 0.007fall 0.008 0.010
RXH REWARDLE HOLDING LTD 0.040fall 0.045 0.044
ACG ATCOR MEDICAL 0.063fall 0.068 0.090
RHP RHIPE LTD 0.675fall 0.720 0.900
BBR BORA BORA RESOURCES 0.046fall 0.049 0.053
Updated: November 28, 2016 - 6:50PM

Companies

Dividend Calendar
Code Date Payable Div Amount
SFL 28 Nov 2016 0.0100
SLF 29 Nov 2016 0.0698
BIS 30 Nov 2016 0.0250
NAC 30 Nov 2016 0.0250
FNP 30 Nov 2016 0.0225
AYD 30 Nov 2016 0.1000
AYJ 30 Nov 2016 0.5400
AYH 30 Nov 2016 0.0500
AYK 30 Nov 2016 0.3700
AYZ 30 Nov 2016 0.5400

Today's Company Events

BT_INVESTMENT_MANAGEMENT_LIMITED

Featured advertisers