Business

Movers

8@eight: OPEC are the oil masters again

Wall Street dropped on firming prospects for a December rate hike.

The sharemarket is expected to open 23 points higher, with weekend signals Saudi Arabia is trying to lift the oil price above $US60 a barrel to spur demand for the likes of BHP, Woodside and Santos.

Six things to consider

It is important to remember that markets are at fair value for only the briefest of moments, says Rithotz.

Sentiment is frothy, valuations are elevated and yet new highs are bullish. Perhaps there's room to run, says Barry Ritholtz.

Market Activity

  • Advances
    Price
    203.00
    Percentage up/down
    44.13% rise
  • Declines
    Price
    206.00
    Percentage up/down
    44.78% fall
  • Unchanged
    Price
    51.00
    Percentage up/down
    11.09% steady
Last updated:
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Currencies

Wholesale Interbank Rates
Currencies Buys ($AU1) Sells ($AU1) $ Mvmt % Mvmt
AUD/USD 0.7459 0.7455 0.0004rise 0.05% rise
AUD/EUR 0.707 0.7062 0.0006rise 0.08% rise
Updated: December 12, 2016 - 12:51PM

Market Details

Volatility S&P;/ASX 200 VIX
Price
12.15
Change in
-0.3820fall
Percentage up/down
(-3.05%) fall
Today's market compared to previous close
Turnover
Sector Turnover ($AU) Volume Trades
Market total 2,252,636,188 1,378,971,598 530,713
Industrial 1,655,310,651 406,204,161 417,923
Mining 577,088,441 972,601,613 109,695
Last updated: December 12, 2016 - 1:21PM

Insider Tips

ASX - 52 Weeks Highs

Code Name New Highs Last Week Last Month
IMU IMUGENE LIMITED 0.021rise 0.017 0.012
LEG LEGEND MINING 0.018rise 0.016 0.013
ESR ESTRELLA RES LTD 0.065rise 0.059 0.061
GCS GLOBAL CONSTRUCTION 0.580rise 0.535 0.535
ST1 SPIRIT TELECOM LTD 0.039rise 0.036 0.035
HML HENRY MORGAN LIMITED 1.400rise 1.300 1.250
CR8 CRE8TEK LIMITED 0.105rise 0.098 0.060
IRD IRON ROAD LTD 0.160rise 0.150 0.140
BPT BEACH ENERGY LIMITED 0.940rise 0.900 0.882
TND TOP END MINERALS LTD 0.072rise 0.070 0.049
Updated: December 12, 2016 - 1:20PM

ASX - 52 Weeks Highs

Code Name New Lows Last Week Last Month
QTG Q TECHNOLOGY GRP LTD 0.002fall 0.003 0.004
LAM LARAMIDE RES LTD 0.200fall 0.250 0.220
TSV TRANSERV ENERGY LTD 0.007fall 0.008 0.014
LNU LINIUS TECH LIMITED 0.036fall 0.040 0.040
REY REY RESOURCES LTD 0.045fall 0.050 0.060
CXZ CONNEXION MEDIA LTD 0.090fall 0.100 0.095
HMX HAMMER METALS LTD 0.040fall 0.044 0.047
AQG ALACER GOLD CORP. 2.010fall 2.160 2.250
PWN PARKWAY MINLS NL 0.021fall 0.022 0.022
RNT RENT.COM.AU LIMITED 0.087fall 0.091 0.092
Updated: December 12, 2016 - 1:20PM