Markets Live: ASX slips below 5700
Shares fall for a fourth session out of the last six, as investors turn wary ahead of UK Prime Minister Theresa May's Brexit speech and Trump's inauguration.
Shares fall for a fourth session out of the last six, as investors turn wary ahead of UK Prime Minister Theresa May's Brexit speech and Trump's inauguration.
Stronger December output of iron ore in the December quarter enabled Rio Tinto to recoup some of the lost momentum in the division which had led it to trim full year production estimates in October.
With a holiday in the US overnight for Martin Luther King day, there was no holiday for President-elect Trump who put out more criticism of the Euro region.
Donald Trump and the US central bank are heading for a collision that will almost certainly result in a stronger greenback.
​Oil prices were up, buoyed by Saudi commitments to reducing production, even as US output is expected to increase.
Gold climbed to its highest in more than seven weeks on buying fuelled by Donald Trump's comments on NATO and China.
Britain's pound fell on Monday as concern rose that the country is heading for a "hard" Brexit from the European Union and its single market, a day before a speech by Prime Minister Theresa May on the government's plans.
Copper eased as a stronger US dollar prompted some investors to cash in gains after the metal touched a five-week high.
Shares fall for a fourth session out of the last six, as investors turn wary ahead of UK Prime Minister Theresa May's Brexit speech and Trump's inauguration.
Iron ore has carried last year's bullish momentum into the start of 2017, with prices rallying to a two-year high.
A burst of enthusiasm for iron ore futures helped mining stocks lift the ASX into the black on Monday.
Sterling took a tumble on Monday as fears of a hard Brexit rose ahead of a speech by the British Prime Minister.
There won't be a great divergence between US banks and Australian banks.
Donald Trump and the US central bank are heading for a collision that will almost certainly result in a stronger greenback.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.7478 | 0.7474 | -0.0001fall | -0.01% fall |
AUD/EUR | 0.7044 | 0.704 | -0.0008fall | -0.11% fall |
Updated: January 17, 2017 - 1:50PM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 1,952,462,067 | 1,347,767,319 | 516,203 |
Industrial | 1,349,917,218 | 324,971,273 | 408,550 |
Mining | 582,254,833 | 1,021,635,349 | 104,029 |
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 |
---|---|---|---|---|
CIA | CHAMPION IRON LTD | 0.830rise | 0.630 | 0.520 |
BCI | BC IRON LIMITED | 0.270rise | 0.225 | 0.200 |
PVE | PO VALLEY ENERGY LTD | 0.030rise | 0.025 | 0.025 |
TTW | TOPTUNG LTD | 0.049rise | 0.041 | 0.041 |
EMB | EMBELTON LIMITED | 11.000rise | 9.250 | 8.600 |
BIG | BIG UN LTD | 0.360rise | 0.310 | 0.230 |
ACK | AUSTOCK GROUP LTD | 0.680rise | 0.600 | 0.500 |
SFI | SPOOKFISH LIMITED | 0.084rise | 0.075 | 0.077 |
CVC | CVC LIMITED | 1.930rise | 1.725 | 1.660 |
MHC | MANHATTAN CORP LTD | 0.050rise | 0.045 | 0.038 |
Updated: January 17, 2017 - 2:17PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
DMI | DEMPSEY MINERALS | 0.048fall | 0.070 | 0.070 |
WGL | WANGLE TECHNOLOGIES | 0.020fall | 0.025 | 0.030 |
TRL | TANGA RESOURCES LTD | 0.035fall | 0.042 | 0.047 |
NAG | NAGAMBIE RESOURCES | 0.072fall | 0.082 | 0.075 |
UNL | UNITED NETWORKS LTD | 0.220fall | 0.245 | 0.000 |
NTC | NETCOMM WIRELESS | 1.860fall | 2.030 | 1.965 |
4WD | AUTO SOLUTIONS LTD | 0.850fall | 0.920 | 0.880 |
TFL | TASFOODS LTD | 0.155fall | 0.160 | 0.170 |
DCC | DIGITALX LIMITED | 0.040fall | 0.041 | 0.045 |
FHS | FREEHILL MINING LTD. | 0.145fall | 0.000 | 0.000 |
Updated: January 17, 2017 - 2:17PM |
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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