Markets Live: Qantas rallies as greenback crumbles
![The greenback crumbled following Donald Trump's first press conference since his election.](/web/20170112052258im_/http://www.smh.com.au/content/dam/images/g/o/h/s/f/6/image.related.landscape.120x80.gtpv0s.png/1484196564412.jpg)
Industrials and energy stocks push the ASX higher, while the Aussie dollar is a winner following Donald Trump's first press conference since his election.
Industrials and energy stocks push the ASX higher, while the Aussie dollar is a winner following Donald Trump's first press conference since his election.
US President-elect Donald Trump said pharmaceutical companies were "getting away with murder" in what they charged the government for medicines, and promised that would change, sending drugs stocks sharply lower on Wednesday.
Shares in troubled Bellamy's have lost further ground on broker downgrades after the baby formula supplier on Wednesday confirmed chief executive Laura McBain would leave the company and warned of lower annual earnings.
A wage negotiation at the world's top copper mine is showing the downside for producers of recovering prices.
Iron ore and steel futures in China advanced for a third session on Wednesday, hitting their strongest in three weeks
The Australian dollar surged around one US cent amid renewed uncertainty about Donald Trump's policies following his first press conference as US President-elect.
A former Barclays director has been sentenced to five months in jail for passing merger tips to a plumber friend and getting cash and free tiling in return.
Obama having given his farewell speech, the rhetoric of Donald Trump via twitter and news outlets now becomes very real.
Industrials and energy stocks push the ASX higher, while the Aussie dollar is a winner following Donald Trump's first press conference since his election.
New Zealand dairy giant Fonterra is in the box seat to control the future of infant milk products group Bellamy's with an effective ''poison pill'' arrangement.
The new year has greeted Australian stocks with a bull market but 2016 wasn't an easy ride.
Investors have a lot of moving parts to keep their eyes on when deciding where to put their money in 2017.
The longer-term significance of the milestone is subject to debate.
For currency traders, it's a fine time to do something different.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.7464 | 0.746 | 0.0020rise | 0.27% rise |
AUD/EUR | 0.7041 | 0.7034 | 0.0004rise | 0.06% rise |
Updated: January 12, 2017 - 3:49PM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 4,215,361,652 | 2,452,786,815 | 898,218 |
Industrial | 3,212,266,384 | 596,415,816 | 731,903 |
Mining | 965,035,921 | 1,856,087,960 | 162,817 |
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 |
---|---|---|---|---|
LAM | LARAMIDE RES LTD | 0.470rise | 0.200 | 0.250 |
ADX | ADX ENERGY LTD | 0.016rise | 0.008 | 0.008 |
UEQ | URANIUM EQUITIES | 0.014rise | 0.007 | 0.007 |
GGG | GREENLAND MIN EN LTD | 0.120rise | 0.069 | 0.080 |
DYL | DEEP YELLOW LIMITED | 0.032rise | 0.022 | 0.019 |
ERA | ENERGY RESOURCES | 0.700rise | 0.515 | 0.530 |
AGO | ATLAS IRON LIMITED | 0.044rise | 0.033 | 0.031 |
RIR | RIVA RESOURCES LTD | 0.026rise | 0.020 | 0.023 |
GRR | GRANGE RESOURCES. | 0.175rise | 0.145 | 0.155 |
CIA | CHAMPION IRON LTD | 0.580rise | 0.500 | 0.520 |
Updated: January 12, 2017 - 4:12PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
DTX | DATETIX GROUP LTD | 0.210fall | 0.240 | 0.260 |
GBR | GREATBOULD RESOURCES | 0.120fall | 0.135 | 0.125 |
DCC | DIGITALX LIMITED | 0.041fall | 0.044 | 0.045 |
BUD | BUDDY PLATFORM LTD | 0.055fall | 0.059 | 0.059 |
CYG | COVENTRY GROUP | 0.850fall | 0.870 | 0.880 |
LSH | LIFESPOT HEALTH LTD | 0.330fall | 0.000 | 0.000 |
Updated: January 12, 2017 - 4:14PM |
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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