Markets Live: Trump slump on day one
Sell the fact? The ASX slides to a one-month low on the first trading day following Donald Trump's inauguration, led by a steep plunge in Brambles.
Sell the fact? The ASX slides to a one-month low on the first trading day following Donald Trump's inauguration, led by a steep plunge in Brambles.
Brambles led the ASX's decline to a one-month low on the first trading day following Donald Trump's inauguration.
One of the country's largest real estate agents, McGrath, has weak revenues, providing further confirmation that the tide is going out on the long residential property boom.
Bermuda has joined the Organisation for Economic Cooperation and Development's fight against multinational profit shifting.
Sharp losses in financial markets on Monday reveal just how tense traders are as they await clarity on President Trump's impending economic and trade policies.
Shares in Brambles sunk this morning after the supply chain logistics group said it will not meet its full-year profit guidance due to revenue and cost pressures in North America.
If there is one word that encapsulated the mood at Davos this year, it is uncertainty. At one event, when asked to describe how his fellow executives were feeling, a glum senior City figure simply replied "despondent". According to Meg Whitman, boss of Hewlett Packard, there had never been anything like the current climate before. "The chickens have come home to roost," she said. Another talked about "a shock to the system".
The weekend news flow has centred on Donald Trump's inauguration, Sean Spicer's rather angry press conference and the administration's strategy of withdrawing from TPP.
Sell the fact? The ASX slides to a one-month low on the first trading day following Donald Trump's inauguration, led by a steep plunge in Brambles.
​In announcing the appointment of Carl Icahn as his new adviser on regulatory reform, President-elect Donald Trump characterised the Wall Street legend as "one of the world's great businessmen." By Trump standards, it was a minor mischaracterisation, one that confused the Main Street world of business, where value-adding goods and services are created and sold, with the trading, dealmaking world of finance on Wall Street.
The President of Guinea is disputing public statements made by Rio Tinto about the firing of a senior executive for a $US10.5 million payment made to the president's friend Francois de Combret.
Analysts find value in smaller players, despite a rough few months for the sector.
Investors to be wary of recently listed companies since they are oftenj priced to perfection, one fund manager has warned
Axiom Mining not daunted by recent upheaval in the nickel as Indonesia has eased export bans while the Philippines ramps up moves to force some producers to close.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.7591 | 0.7581 | 0.0028rise | 0.37% rise |
AUD/EUR | 0.706 | 0.7057 | -0.0001fall | -0.01% fall |
Updated: January 24, 2017 - 2:36AM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 4,648,381,149 | 2,009,102,873 | 1,029,136 |
Industrial | 3,690,051,829 | 649,905,010 | 842,958 |
Mining | 865,230,003 | 1,358,612,233 | 178,372 |
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 |
---|---|---|---|---|
DTR | DATELINE RESOURCES | 0.034rise | 0.019 | 0.023 |
TND | TOP END MINERALS LTD | 0.098rise | 0.083 | 0.072 |
PYC | PHYLOGICA LIMITED | 0.037rise | 0.032 | 0.025 |
ESR | ESTRELLA RES LTD | 0.125rise | 0.110 | 0.065 |
CIA | CHAMPION IRON LTD | 0.935rise | 0.830 | 0.520 |
SO4 | SALT LAKE POTASH LTD | 0.690rise | 0.630 | 0.520 |
TTW | TOPTUNG LTD | 0.069rise | 0.063 | 0.041 |
TNK | THINK CHILDCARE LTD | 2.540rise | 2.330 | 2.360 |
EWC | ENERGY WORLD CORPOR. | 0.370rise | 0.340 | 0.280 |
AON | APOLLO MINERALS LTD | 0.150rise | 0.140 | 0.140 |
Updated: January 23, 2017 - 4:14PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
TEX | TARGET ENERGY | 0.001fall | 0.002 | 0.001 |
MEA | MCGRATH LTD | 0.710fall | 0.850 | 0.850 |
WMC | WONHE MULTIMEDIA | 0.115fall | 0.135 | 0.135 |
OEX | OILEX LTD | 0.006fall | 0.007 | 0.006 |
POW | PROTEAN ENERGY LTD | 0.007fall | 0.008 | 0.007 |
VRL | VILLAGE ROADSHOW LTD | 4.010fall | 4.410 | 4.210 |
MMJ | MMJ PHYTOTECH LTD | 0.175fall | 0.190 | 0.190 |
BUD | BUDDY PLATFORM LTD | 0.052fall | 0.055 | 0.059 |
MSG | MCS SERVICES LIMITED | 0.021fall | 0.022 | 0.022 |
MIG | MIGME LIMITED | 0.050fall | 0.052 | 0.068 |
Updated: January 23, 2017 - 6:28PM |
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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