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Business

Movers

Three reasons why bond yields will keep rising

The US 10-year yields to fresh two-year high overnight and Aussie yields hovering around 2016 highs.

US bond yields, already at two-year highs, are set to keep rising, thanks to rising rates and the premium investors will demand for holding Treasuries during a Trump administration, experts say.

Crown doubles down on its exit from Macau

James Packer is quick to finalise Crown's retreat from international markets.

James Packer has been quick to offer part of Crown Resorts's remaining stake in its Macau casino venture to institutional investors, having abandoned his ambitions to build a gambling empire spanning the world's largest gaming markets.

Market Activity

  • Advances
    Price
    228.00
    Percentage up/down
    48.93% rise
  • Declines
    Price
    175.00
    Percentage up/down
    37.55% fall
  • Unchanged
    Price
    63.00
    Percentage up/down
    13.52% steady
Last updated:
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Wall Street dropped on firming prospects for a December rate hike.

8@eight: Trump takes centre stage again

The local stock market is set to rise at the open, with futures suggesting an eight-point move higher, while the dollar should provide support for resources.

Currencies

Wholesale Interbank Rates
Currencies Buys ($AU1) Sells ($AU1) $ Mvmt % Mvmt
AUD/USD 0.7342 0.734 -0.0015fall -0.20% fall
AUD/EUR 0.704 0.703 -0.0031fall -0.44% fall
Updated: December 16, 2016 - 8:04PM

Market Details

Volatility S&P;/ASX 200 VIX
Price
11.30
Change in
-0.7040fall
Percentage up/down
(-5.86%) fall
Today's market compared to previous close
Turnover
Sector Turnover ($AU) Volume Trades
Market total 7,211,355,473 3,605,992,856 1,118,503
Industrial 5,266,912,730 1,029,603,315 898,515
Mining 1,923,180,474 2,576,141,233 216,213
Last updated: December 16, 2016 - 5:56PM

Insider Tips

ASX - 52 Weeks Highs

Code Name New Highs Last Week Last Month
NAE NEW AGE EXPLORATION 0.040rise 0.033 0.033
FIG FREEDOM INSURANCE 0.500rise 0.430 0.000
GSW GETSWIFT LIMITED 0.360rise 0.320 0.000
OCL OBJECTIVE CORP 1.940rise 1.800 1.805
IRU ISHS RUSSELL 2000ETF 199.500rise 186.030 190.000
GRR GRANGE RESOURCES. 0.155rise 0.145 0.145
IOF INVESTA OFFICE FUND 4.700rise 4.550 4.410
NDQ BETASHARESNASDAQ100 11.710rise 11.340 11.470
MQG MACQUARIE GROUP LTD 88.220rise 85.440 84.940
CGC COSTA GROUP HOLDINGS 3.420rise 3.330 3.250
Updated: December 16, 2016 - 6:50PM

ASX - 52 Weeks Highs

Code Name New Lows Last Week Last Month
KDL KIM DIAMONDS LTD 0.004fall 0.010 0.009
TRY TROY RESOURCES LTD 0.127fall 0.260 0.285
MEM MEMPHASYS LTD 0.003fall 0.004 0.004
EEG EMPIRE ENERGY LTD 0.010fall 0.013 0.014
LVT LIVETILES LIMITED 0.105fall 0.135 0.140
TMP TECH MPIRE LIMITED 0.110fall 0.140 0.180
CDC CHINA DAIRY LTD 0.120fall 0.150 0.150
CXZ CONNEXION MEDIA LTD 0.082fall 0.100 0.095
BIT BIOTRON LIMITED 0.037fall 0.045 0.043
AQD AUSQUEST LIMITED 0.005fall 0.006 0.006
Updated: December 16, 2016 - 6:50PM