Markets Live: Aussie bounces on China data
![China's economy has grown a bit faster than predicted, as retail sales jump.](/web/20170122131254im_/http://www.theage.com.au/content/dam/images/g/s/7/4/v/m/image.related.landscape.120x80.gtv39e.png/1484891357887.jpg)
The dollar has hit a two-month high, following stronger than expected Chinese GDP growth, while stocks are lower as investors remain cautious ahead of Donald Trump's inauguration.
The dollar has hit a two-month high, following stronger than expected Chinese GDP growth, while stocks are lower as investors remain cautious ahead of Donald Trump's inauguration.
Analysts find value in smaller players, despite a rough few months for the sector.
Investors to be wary of recently listed companies since they are oftenj priced to perfection, one fund manager has warned
(Bloomberg) -- OPEC and Russia said they are ahead of schedule implementing their historic agreement to curb oil output and boost prices.
Axiom Mining not daunted by recent upheaval in the nickel as Indonesia has eased export bans while the Philippines ramps up moves to force some producers to close.
The President of Guinea is disputing public statements made by Rio Tinto about the firing of a senior executive for a $US10.5 million payment made to the president's friend Francois de Combret.
Wall Street shares close slightly higher, the first time in more than 50 years that a new commander-in-chief has been welcomed by a rising equity market on his first day in office.
Guinea President Alpha Conde said the firing of Alan Davies was the result of a feud over succession within Rio Tinto.
The dollar has hit a two-month high, following stronger than expected Chinese GDP growth, while stocks are lower as investors remain cautious ahead of Donald Trump's inauguration.
The destiny of iron ore prices may lie in the hands of miners scattered across China, lured by recent price gains.
Capital management will improve at the next earnings season but the rewards might not be the windfall investors think.
Investors are in a holding pattern, weighing up the risk versus the hope factor ahead of Trump's inauguration speech.
Mario Draghi called on Germany to be calm as the European Central Bank keeps pumping stimulus into the euro area.
Axiom Mining not daunted by recent upheaval in the nickel as Indonesia has eased export bans while the Philippines ramps up moves to force some producers to close.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.756 | 0.7551 | -0.0002fall | -0.03% fall |
AUD/EUR | 0.7066 | 0.7052 | -0.0002fall | -0.03% fall |
Updated: January 21, 2017 - 9:00AM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 4,381,193,817 | 2,223,105,853 | 972,717 |
Industrial | 3,447,738,924 | 631,984,515 | 779,640 |
Mining | 842,145,483 | 1,590,671,850 | 187,275 |
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 |
---|---|---|---|---|
TEK | THORNEY TECH LTD | 0.265rise | 0.145 | 0.145 |
BCN | BEACON MINERALS | 0.007rise | 0.004 | 0.003 |
TTW | TOPTUNG LTD | 0.063rise | 0.041 | 0.041 |
MLS | METALS AUSTRALIA | 0.016rise | 0.011 | 0.006 |
TDO | 3D OIL LIMITED | 0.060rise | 0.045 | 0.040 |
ESR | ESTRELLA RES LTD | 0.110rise | 0.085 | 0.065 |
CLA | CELSIUS RESOURCE LTD | 0.033rise | 0.026 | 0.021 |
MSR | MANAS RES LTD | 0.005rise | 0.004 | 0.005 |
PNL | PARINGA RESOURCES | 0.550rise | 0.440 | 0.500 |
IIL | INNATE IMMUNO | 1.670rise | 1.350 | 1.155 |
Updated: January 20, 2017 - 4:13PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
MDX | MINDAX LIMITED | 0.003fall | 0.005 | 0.005 |
LGR | LANKA GRAPHITE LTD | 0.060fall | 0.090 | 0.085 |
CMI | CMI LIMITED. | 0.785fall | 1.150 | 1.150 |
TNP | TRIPLE ENERGY LTD | 0.005fall | 0.007 | 0.009 |
ORL | OROTONGROUP LIMITED | 1.610fall | 2.110 | 2.170 |
MIG | MIGME LIMITED | 0.052fall | 0.068 | 0.068 |
MJC | MEJORITY CAPITAL LTD | 0.010fall | 0.013 | 0.011 |
UNL | UNITED NETWORKS LTD | 0.195fall | 0.245 | 0.000 |
ADR | ADHERIUM LTD | 0.190fall | 0.235 | 0.235 |
FGF | FIRST GROWTH FUNDS | 0.005fall | 0.006 | 0.006 |
Updated: January 20, 2017 - 6:00PM |
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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