Business

Movers

'Why is mining more important than people's lives?'

Site of the Dipidio mine north of Manila

Shares in OceanaGold slumped in late trading on a statement by the Philippine government it may force the closure of its Dipidio mine, which has been the subject of recent wrangling between the company and the government.

Safe havens feeling less safe

Gold prices recently fell and bond yields rose, meaning bondholders took a hammering.

Conventional wisdom says that in times of turbulence gold and the yen are places to hide, but some investors are cautious.

Apple market value surges

Apple sold 78.29 million iPhones in its fiscal first quarter ended December 31, up from 74.78 million a year earlier.

Shares in Apple leapt more than 6 per cent on its latest results, with at least 12 brokerages lifting their price targets.

8@eight: Waiting for inspiration

After a brief lull, Trumponomics is back.

Apple has supported equity markets, with yesterday's post-market release of Q1 sales of $US78.5 billion ($103.52 billion) and EPS of $US3.36 and seemingly, more importantly, its guide for Q2, that was better than what the market had feared. The daily chart has well and truly broken out to the topside and this is attracting the momentum focused clients and I wouldn't be surprised to see this above $US150 in the coming months here.

Market Activity

  • Advances
    Price
    177.00
    Percentage up/down
    37.58% rise
  • Declines
    Price
    228.00
    Percentage up/down
    48.41% fall
  • Unchanged
    Price
    66.00
    Percentage up/down
    14.01% steady
Last updated:
Advertisement

Currencies

Wholesale Interbank Rates
Currencies Buys ($AU1) Sells ($AU1) $ Mvmt % Mvmt
AUD/USD 0.7649 0.7644 0.0062rise 0.82% rise
AUD/EUR 0.7088 0.7082 0.0042rise 0.60% rise
Updated: February 2, 2017 - 6:44PM

Market Details

Volatility S&P;/ASX 200 VIX
Price
13.49
Change in
0.2480rise
Percentage up/down
(1.87%) rise
Today's market compared to previous close
Turnover
Sector Turnover ($AU) Volume Trades
Market total 5,091,989,959 2,603,073,920 1,025,791
Industrial 4,062,620,328 856,862,325 828,795
Mining 1,014,225,563 1,745,950,862 194,078
Last updated: February 2, 2017 - 6:50PM

Insider Tips

ASX - 52 Weeks Highs

Code Name New Highs Last Week Last Month
BCN BEACON MINERALS 0.022rise 0.010 0.017
AVZ AVZ MINERALS LTD 0.035rise 0.020 0.020
GME GME RESOURCES LTD 0.074rise 0.048 0.060
AO1 ASSETOWL LIMITED 0.290rise 0.235 0.235
DTS DRAGONTAIL SYSTEMS 0.325rise 0.270 0.290
GLL GALILEE ENERGY LTD 0.130rise 0.110 0.120
GRR GRANGE RESOURCES. 0.245rise 0.210 0.230
CDD CARDNO LIMITED 1.260rise 1.085 1.145
CNJ CONICO LTD 0.052rise 0.045 0.048
DOW DOWNER EDI LIMITED 7.460rise 6.500 6.525
Updated: February 2, 2017 - 6:50PM

ASX - 52 Weeks Highs

Code Name New Lows Last Week Last Month
ACX ACONEX LIMITED 2.870fall 5.410 2.950
TSN TRANSACTION LTD 0.016fall 0.024 0.024
MRC MINERAL COMMODITIES 0.090fall 0.130 0.130
OBL OIL BASINS LIMITED 0.003fall 0.004 0.004
ZIP ZIPTEL LIMITED 0.067fall 0.081 0.079
SP1 SEARCH PARTY GROUP 0.025fall 0.030 0.029
TV2 TV2U INTER LIMITED 0.006fall 0.007 0.007
SRO SHAREROOT LTD 0.008fall 0.009 0.009
POP PRIMARY OPINION LTD 0.018fall 0.020 0.020
WEC WHITE ENERGY COMPANY 0.045fall 0.050 0.047
Updated: February 2, 2017 - 6:50PM