Markets Live: Santa's last chance
Late profit-taking in the miners has pushed shares lower in a shortened pre-Christmas session, as Tatts rejects a competing offer from a Macquarie-led consortium.
Late profit-taking in the miners has pushed shares lower in a shortened pre-Christmas session, as Tatts rejects a competing offer from a Macquarie-led consortium.
Many Australian shareholders will remember 2016 as the year miners roared back to life after a painfully long period in the doldrums, helping the ASX 200 to an impressive annual gain of 7 per cent.
Hard on the heels of founder Peter Hall's sudden decision to quit as chief investment officer, investment firm Hunter Hall is fielding takeover offers from other fund management companies.
Gold miners look set to end the year on a bright note, while selling in blue-chip names pushes the sharemarket lower in early trade on the final, shortened session of 2016.
Last time that rates were higher in the US than in Australia, the Aussie dollar plunged as low as 48 US cents. Could it fall again this low?
Britain's top share index posted its highest-ever close following a rally in precious metals miners on stronger gold prices.
Oil prices dipped overnight after a surprise increase in US inventories eased optimism about the outlook for the global glut.
The European Central Bank's best effort to boost inflation may simply fall short, exposing the limitations on policymakers.
Late profit-taking in the miners has pushed shares lower in a shortened pre-Christmas session, as Tatts rejects a competing offer from a Macquarie-led consortium.
Equity cycles persist, and selling just because price-earnings ratios are high has repeatedly proven a mistake.
The US dollar hit a 15-day low against the yen as traders used the quiet holiday period to book some profits.
​China will change the way it calculates a key yuan index, nearly doubling the number of foreign currencies in the basket.
​Chinese steel rebar prices fell more than 2pc, while coke and coking coal remained under pressure, in volatile trading.
Last time that rates were higher in the US than in Australia, the Aussie dollar plunged as low as 48 US cents. Could it fall again this low?
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.723 | 0.7224 | 0.0010rise | 0.14% rise |
AUD/EUR | 0.6853 | 0.6846 | -0.0029fall | -0.42% fall |
Updated: December 30, 2016 - 10:53PM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 2,228,349,699 | 946,939,244 | 477,640 |
Industrial | 1,656,421,523 | 322,283,644 | 368,066 |
Mining | 551,256,242 | 624,475,457 | 106,944 |
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 |
---|---|---|---|---|
CLA | CELSIUS RESOURCE LTD | 0.021rise | 0.001 | 0.001 |
RDF | REDFLEX HOLDINGS | 0.490rise | 0.360 | 0.360 |
IIL | INNATE IMMUNO | 1.155rise | 0.850 | 0.780 |
SFC | SCHAFFER CORP. LTD. | 5.990rise | 5.500 | 5.450 |
DTS | DRAGONTAIL SYSTEMS | 0.250rise | 0.230 | 0.000 |
CWY | CLEANAWAY WASTE LTD | 1.260rise | 1.190 | 1.175 |
BSA | BSA LIMITED | 0.380rise | 0.360 | 0.340 |
BKY | BERKELEY ENERGIA LTD | 0.910rise | 0.870 | 0.785 |
ARA | ARIADNE AUSTRALIA | 0.585rise | 0.560 | 0.390 |
PYC | PHYLOGICA LIMITED | 0.025rise | 0.024 | 0.018 |
Updated: December 30, 2016 - 2:30PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
OFW | OILFIELD WORKFORCE | 0.190fall | 0.250 | 0.250 |
AB1 | ANIMOCA BRANDS CORP | 0.058fall | 0.067 | 0.089 |
HOT | HOTCOPPER HOLDINGS | 0.175fall | 0.200 | 0.200 |
FEL | FE LIMITED | 0.022fall | 0.024 | 0.036 |
SMA | SMARTTRANS HOLDINGS | 0.011fall | 0.012 | 0.012 |
COO | CORUM GROUP LIMITED | 0.065fall | 0.069 | 0.069 |
FDV | FRONTIER DIGITAL LTD | 0.430fall | 0.450 | 0.460 |
CFO | CFOAM LIMITED | 0.450fall | 0.470 | 0.460 |
DFM | DONGFANG MODERN AG | 0.740fall | 0.770 | 0.880 |
OVH | ONEVUE HOLDINGS LTD | 0.500fall | 0.515 | 0.570 |
Updated: December 30, 2016 - 2:30PM |
Company | Security Code | Float date | Issue $ |
---|---|---|---|
Ardea Resources Ltd | ARL | 09/01/2017 | 0.20 |
Blockchain Global Ltd | BCG | 0.20 | |
Blackstone Minerals Ltd | BSX | 20/12/2016 | 0.20 |
Cobalt Blue Holdings Ltd | COB | 19/12/2016 | 0.20 |
Davenport Resources Ltd | DAV | 27/10/2016 | 0.75 |
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