Markets Live: ASX tops 5700 in strong start
The bulls have come out in full force, pushing the lead index above 5700 for the first time since August 2015, while the Aussie jumps back above US72¢.
The bulls have come out in full force, pushing the lead index above 5700 for the first time since August 2015, while the Aussie jumps back above US72¢.
We'll be driving more, using electric cars, along with more renewable energy - and nuclear energy over the next 25 years. But our addiction to coal will remain, while gas will emerge as our main source of energy.
Investors have started the new year in the ebullient mood they ended the last one in, driving the local sharemarket to its highest close since June 2015.
As investors in fund manager Hunter Hall International suffered hefty losses, the company which snapped up the bulk of Peter Hall's shareholding was sitting pretty.
The digital currency outperformed all central-bank-issued currencies with a 125 per cent climb in 2016.
Facing the loss of Peter Hall as the chief investment officer of the group, shareholders in Hunter Hall International have rushed for the exits, driving shares down by a quarter in heavy trading on Tuesday.
Calling the ASX 200 is really anyone's guess today, with SPI futures closed since December 30.
​Veteran fundie Geoff Wilson has warned shares in Hunter Hall Global Value are primed to fall now that the fund has lost its mantle as an ethical fund.
The bulls have come out in full force, pushing the lead index above 5700 for the first time since August 2015, while the Aussie jumps back above US72¢.
After a year of drama and upsets, investors shouldn't be expecting a more sedate pace in 2017.
China's new rules on cash transactions and overseas transfers of yuan currency are not forms of capital controls, the state news agency Xinhua said, citing a central bank economist.
The lack of easy, costless answers suggests that, come next January, the world will remain in much the same place it is now - a muddle.
The election of Donald Trump as the president of the US caught not just the US cognoscenti offguard, but the reaction of financial markets sowed the seeds for the dramatic exit of Peter Hall from the funds management business he started two decades ago.
The digital currency outperformed all central-bank-issued currencies with a 125 per cent climb in 2016.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.7216 | 0.7206 | 0.0025rise | 0.35% rise |
AUD/EUR | 0.6948 | 0.6937 | 0.0073rise | 1.06% rise |
Updated: January 4, 2017 - 1:01AM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 3,108,368,710 | 1,381,168,561 | 792,488 |
Industrial | 2,448,449,314 | 494,559,841 | 649,131 |
Mining | 650,187,397 | 886,368,816 | 139,768 |
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 |
---|---|---|---|---|
WFE | WINMAR RESOURCES LTD | 0.008rise | 0.007 | 0.007 |
WEL | WINCHESTER ENERGY | 0.110rise | 0.100 | 0.100 |
HSK | HEEMSKIRK CONSOLID. | 0.080rise | 0.073 | 0.076 |
MOC | MORTGAGE CHOICE LTD | 2.470rise | 2.390 | 2.390 |
SGC | SACGASCO LTD | 0.070rise | 0.068 | 0.070 |
MVT | MERCANTILE INVEST | 0.180rise | 0.175 | 0.180 |
IRI | INTEGRATED RESEARCH | 2.820rise | 2.800 | 2.820 |
DUI | DIVERSIFIED UNITED | 3.530rise | 3.520 | 3.520 |
AUI | AUSTRALIAN UNITED IN | 7.700rise | 7.690 | 7.690 |
BSA | BSA LIMITED | 0.380rise | 0.380 | 0.380 |
Updated: January 3, 2017 - 4:41PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
EMG | EMERGENT RESOURCES | 0.008fall | 0.009 | 0.009 |
CA8 | COASSETS LTD. | 0.100fall | 0.110 | 0.100 |
3DP | POINTERRA LIMITED | 0.022fall | 0.024 | 0.022 |
ATS | AUSTRALIS OIL & GAS | 0.215fall | 0.225 | 0.215 |
CV1 | CV CHECK LTD | 0.076fall | 0.079 | 0.076 |
1AD | ADALTA LIMITED | 0.165fall | 0.170 | 0.165 |
DCC | DIGITALX LIMITED | 0.044fall | 0.045 | 0.045 |
LCA | LITIGATION CAP LTD | 0.610fall | 0.620 | 0.610 |
LKO | LAKES OIL NL | 0.001fall | 0.001 | 0.001 |
LSR | LODESTAR MINERALS | 0.008fall | 0.008 | 0.008 |
Updated: January 3, 2017 - 5:08PM |
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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