Markets Live: Bulls remain in charge
![The ECB's extension of its monetary easing policy has cheered bulls.](/web/20161211153621im_/http://www.smh.com.au/content/dam/images/g/t/7/c/v/v/image.related.landscape.120x80.gt7c9x.png/1481263160030.jpg)
Shares extend their gains after the ECB tweaks its stimulus, while Sirtex plunges on disappointing sales.
Shares extend their gains after the ECB tweaks its stimulus, while Sirtex plunges on disappointing sales.
After failing to raise rates all year, the market would be more shocked if the US Federal Reserve failed to tighten policy on Thursday.
Fox reached a preliminary deal to acquire full control of Sky Plc for $19 billion, a long term objective of Rupert Murdoch.
French bank Natixis plans to expand across Asia in a bid to bolster its corporate and investment banking businesses.
The benchmark S&P; 500 registered a record high for the third straight session, while the Dow and Nasdaq also hit new highs.
Chances of completing tough new rules to restrict bonuses for Wall Street executives appear to be diminishing fast.
Sentiment is frothy, valuations are elevated and yet new highs are bullish. Perhaps there's room to run, says Barry Ritholtz.
Copper ended the week higher on Friday after robust data from China offered more evidence that its economy is recovering.
Shares extend their gains after the ECB tweaks its stimulus, while Sirtex plunges on disappointing sales.
Vale has been granted an operating license for a giant iron ore mine in the Amazonian state of Para known as S11D.
Iron ore and steel futures in China edged lower on Friday as investors locked in gains, though sentiment remains bullish.
Christmas came early for investors this week, sending the ASX to its highest level in four months.
Australia's largest agribusiness has ruled out a share market listing, ending the prospect of what would have been the country's largest IPO in more than two years.
The euro held slightly below three week highs against the US dollar in pre-ECB meeting positioning.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.7456 | 0.7447 | -0.0004fall | -0.05% fall |
AUD/EUR | 0.7062 | 0.7049 | -0.0004fall | -0.06% fall |
Updated: December 10, 2016 - 9:00AM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 5,134,214,904 | 2,284,067,072 | 1,083,959 |
Industrial | 4,138,038,010 | 771,228,521 | 890,199 |
Mining | 944,093,175 | 1,512,508,576 | 189,622 |
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 |
---|---|---|---|---|
LEG | LEGEND MINING | 0.016rise | 0.013 | 0.013 |
SFY | SPDR 50 FUND | 52.740rise | 52.010 | 52.220 |
SPY | SPDR S&P; 500 ETF | 302.530rise | 298.500 | 300.000 |
MHG | MAGELLAN GBL EQ FUND | 2.540rise | 2.510 | 2.510 |
SGM | SIMS METAL MGMT LTD | 13.420rise | 13.280 | 13.100 |
MQG | MACQUARIE GROUP LTD | 85.440rise | 85.000 | 84.940 |
MTA | METALS OF AFRICA LTD | 0.140rise | 0.140 | 0.115 |
MVB | VANECK BANKS | 27.240rise | 27.240 | 26.420 |
MVR | VANECK RESOURCES | 19.870rise | 19.870 | 19.640 |
MWY | MIDWAY LTD | 2.450rise | 2.450 | 0.000 |
Updated: December 9, 2016 - 6:50PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
SRX | SIRTEX MEDICAL | 12.200fall | 26.980 | 25.750 |
LCR | LACONIA RES LTD | 0.001fall | 0.002 | 0.001 |
MIG | MIGME LIMITED | 0.115fall | 0.180 | 0.140 |
MNW | MINT PAYMENTS LTD | 0.057fall | 0.070 | 0.065 |
LSR | LODESTAR MINERALS | 0.008fall | 0.009 | 0.009 |
SES | SECOS GROUP LTD | 0.065fall | 0.070 | 0.070 |
KRM | KINGSROSE MINING LTD | 0.098fall | 0.100 | 0.105 |
TFL | TASFOODS LTD | 0.180fall | 0.180 | 0.220 |
TIL | TRILOGY INT LTD | 3.000fall | 3.000 | 3.150 |
TNR | TORIAN RESOURCES LTD | 0.130fall | 0.130 | 0.155 |
Updated: December 9, 2016 - 6:50PM |
Code | Time | Announcement |
---|---|---|
ZOR | 09 Dec 16 | End of Day |
DGX | 09 Dec 16 | Board Changes - Appointments/Resignations |
EMC | 09 Dec 16 | Relese of shares from escrow |
LIO | 09 Dec 16 | Cleansing Statement |
LIO | 09 Dec 16 | Additional Funds Raised |
SAS | 09 Dec 16 | Supplementary Prospectus |
EVE | 09 Dec 16 | Notification of Rights Issue Shortfall |
EPM | 09 Dec 16 | Change of Director's Interest Notice for Mr Dale |
EPM | 09 Dec 16 | Appendix 3B |
PCL | 09 Dec 16 | Director Appointment |
Company | Security Code | Float date | Issue $ |
---|---|---|---|
Automotive Solutions Group Ltd | 4WD | 16/12/2016 | 1.00 |
Ardea Resources Ltd | ARL | 09/01/2017 | 0.20 |
Axsesstoday Ltd | AXL | 21/12/2016 | 1.00 |
Blockchain Global Ltd | BCG | 0.20 | |
Blackstone Minerals Ltd | BSX | 20/12/2016 | 0.20 |
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