Markets Live: CSL leads ASX to second loss in 2017
Losses in healthcare stocks and the supermarket giants offset gains in energy and miners, pulling the ASX down for just the second time in 2017.
Losses in healthcare stocks and the supermarket giants offset gains in energy and miners, pulling the ASX down for just the second time in 2017.
The Aussie has surged above US75¢, extending its advance so far this year to more than 4 per cent on the greenback's woes.
Its shares have slumped by a third in just two days, but that isn't enough to whet the appetite of some analysts, who reckon the shares should decline another 20 per cent or so to bring them back to 'fair value'.
A wage negotiation at the world's top copper mine is showing the downside for producers of recovering prices.
Pharma investors and companies need to stop assuming Republicans can rein Donald Trump in and prepare for the policy fight they thought they'd mostly be able to avoid for at least four years.
Healthcare stocks dragged the ASX to its second loss of the year after an address by Donald Trump fuelled investor uncertainty.
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.
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.
Losses in healthcare stocks and the supermarket giants offset gains in energy and miners, pulling the ASX down for just the second time in 2017.
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.
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.
Obama having given his farewell speech, the rhetoric of Donald Trump via twitter and news outlets now becomes very real.
The Aussie has surged above US75¢, extending its advance so far this year to more than 4 per cent on the greenback's woes.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.7504 | 0.7499 | 0.0059rise | 0.79% rise |
AUD/EUR | 0.7053 | 0.7045 | 0.0015rise | 0.21% rise |
Updated: January 13, 2017 - 2:55AM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 4,236,646,234 | 2,456,840,422 | 898,241 |
Industrial | 3,232,727,425 | 600,430,512 | 731,911 |
Mining | 965,844,865 | 1,856,126,255 | 162,814 |
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 |
MBC | MALABAR COAL LTD | 0.500rise | 0.380 | 0.350 |
RIR | RIVA RESOURCES LTD | 0.026rise | 0.020 | 0.023 |
GRR | GRANGE RESOURCES. | 0.175rise | 0.145 | 0.155 |
Updated: January 12, 2017 - 4:12PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
LFC | LIFE CORPORATION | 0.005fall | 0.010 | 0.009 |
EXO | ENNOX GROUP LTD | 0.002fall | 0.003 | 0.003 |
TV2 | TV2U INTER LIMITED | 0.007fall | 0.009 | 0.009 |
AKK | AUSTIN EXPLORATION | 0.004fall | 0.005 | 0.005 |
KGM | KALNORTH GOLD LTD | 0.009fall | 0.011 | 0.010 |
DTX | DATETIX GROUP LTD | 0.210fall | 0.240 | 0.260 |
CKA | COKAL LTD | 0.014fall | 0.016 | 0.018 |
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 |
Updated: January 12, 2017 - 6:50PM |
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 |
Save articles for later.
Subscribe for unlimited access to news. Login to save articles.
Return to the homepage by clicking on the site logo.