Business

Movers

Markets Live: Banks find buyers

Investors have done well out of the election of Donald Trump earlier this month.

Shares reverse early losses to trade higher, led by buying in the big banks, while Vocus's earnings guidance is poorly received.

Iron ore tops $US80 a tonne

The latest advance came as China's State Council pressed ahead with its environmental probe into illegal capacity ...

The spot price for iron ore extended its stunning rebound, topping $US80 a tonne for the first time in more than two years.

Market Activity

  • Advances
    Price
    166.00
    Percentage up/down
    35.39% rise
  • Declines
    Price
    244.00
    Percentage up/down
    52.03% fall
  • Unchanged
    Price
    59.00
    Percentage up/down
    12.58% steady
Last updated:

Markets Live: Banks find buyers

Shares reverse early losses to trade higher, led by buying in the big banks, while Vocus's earnings guidance is poorly received.

Advertisement
Investors are nervous ahead of the OPEC meeting on Wednesday.

ASX falls ahead of Opec meeting

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

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

'Asymmetric' OPEC risk to weigh on ASX

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.

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 0.7471 0.7466 -0.0013fall -0.17% fall
AUD/EUR 0.7056 0.7044 -0.0001fall -0.01% fall
Updated: November 29, 2016 - 8:42PM

Market Details

Volatility S&P;/ASX 200 VIX
Price
12.76
Change in
0.4060rise
Percentage up/down
(3.29%) rise
Today's market compared to previous close
Turnover
Sector Turnover ($AU) Volume Trades
Market total 5,245,955,479 3,014,467,155 1,148,286
Industrial 4,006,643,877 794,043,532 924,869
Mining 1,226,087,641 2,220,183,890 220,167
Last updated: November 29, 2016 - 5:55PM

Insider Tips

ASX - 52 Weeks Highs

Code Name New Highs Last Week Last Month
RLC REEDY LAGOON CORP. 0.039rise 0.013 0.010
AVZ AVZ MINERALS LTD 0.019rise 0.013 0.016
SIH SIHAYO GOLD LIMITED 0.030rise 0.021 0.024
IAM INTIGER GROUP LTD 0.060rise 0.047 0.051
LKE LAKE RESOURCES 0.085rise 0.070 0.070
ABU ABM RESOURCES NL 0.140rise 0.120 0.077
A3D AURORA LABS LIMITED 2.980rise 2.600 1.300
MDC MEDLAB CLINICAL LTD 0.885rise 0.775 0.610
IBG IRONBARK ZINC LTD 0.115rise 0.102 0.080
WBA WEBSTER LTD 1.370rise 1.220 1.220
Updated: November 29, 2016 - 4:10PM

ASX - 52 Weeks Highs

Code Name New Lows Last Week Last Month
MLX METALS X LIMITED 0.635fall 1.320 1.250
AJY ASAPLUS RESOURCES 0.120fall 0.240 0.240
BLZ BLAZE INTERNATIONAL 0.030fall 0.043 0.041
COM COMOPS LIMITED 0.010fall 0.014 0.014
OHE ORION HEALTH GRP 1.820fall 2.500 3.050
VOC VOCUS COMMS LTD 4.180fall 5.230 5.250
RTG RTG MINING INC. 0.265fall 0.305 0.340
LNU LINIUS TECH LIMITED 0.040fall 0.045 0.059
AFR AFRICAN ENERGY RES 0.035fall 0.039 0.039
PVL POWERHOUSE VEN LTD 0.635fall 0.700 0.760
Updated: November 29, 2016 - 6:50PM

Companies

Dividend Calendar
Code Date Payable Div Amount
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
BKW 30 Nov 2016 0.3200

Today's Company Events

HORIZON_OIL_LIMITED

Featured advertisers