Markets Live: ASX bounces off 2017 low
Shares reverse sharp early losses to end the session slightly higher, led by a recovery in miners, as the RBA holds.
Shares reverse sharp early losses to end the session slightly higher, led by a recovery in miners, as the RBA holds.
The Australian dollar hit a 21-month high against the Euro overnight after Marine Le Pen said she would pull France out of the Eurozone if she wins the presidential election.
At the start of the year, economists seem more divided than ever over Australia's growth outlook.
The local sharemarket ended the session flat after Chinese iron ore futures turned positive, boosting mining stocks.
The Reserve Bank of Australia has left its cash rate steady for the fifth consecutive board meeting as it prepares to release forecasts showing economic growth picking up and inflation climbing from 1.5 per cent to more than 2 per cent.
At this point, Snap's share sale looks closer to mimicking Twitter's stumbles than Facebook's ascendance.
Gold will climb about 6 per cent by year end as investors seek a shelter from the rising political risk surrounding US President Donald Trump.
The best-yielding equities benchmark among the 12 biggest stock markets in the globe is set to get even better.
Shares reverse sharp early losses to end the session slightly higher, led by a recovery in miners, as the RBA holds.
Investors are betting big that OPEC's cuts are real.
There has been somewhat of a risk-off tone to markets, although there doesn't seem to be a smoking gun and there is really is no panic!
Mario Draghi reaffirmed that the euro is irreversible in a defense of the single currency against populists who reject it.
After the Trump administration's jawboning about currencies this past week, the loosening relationship between the dollar and Treasury yields may be here to stay.
The Australian dollar hit a 21-month high against the Euro overnight after Marine Le Pen said she would pull France out of the Eurozone if she wins the presidential election.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.7618 | 0.7617 | -0.0040fall | -0.52% fall |
AUD/EUR | 0.7136 | 0.7134 | 0.0012rise | 0.17% rise |
Updated: February 8, 2017 - 1:20AM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 4,757,292,995 | 2,771,202,788 | 1,223,328 |
Industrial | 3,634,134,377 | 840,236,110 | 972,032 |
Mining | 1,105,960,123 | 1,930,668,750 | 246,700 |
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 |
---|---|---|---|---|
BOA | BOADICEA RESOURCES | 0.200rise | 0.180 | 0.180 |
PEK | PEAK RESOURCES | 0.098rise | 0.089 | 0.075 |
GSW | GETSWIFT LIMITED | 0.360rise | 0.330 | 0.330 |
HSK | HEEMSKIRK CONSOLID. | 0.085rise | 0.080 | 0.080 |
DGH | DESANE GROUP HLDINGS | 0.965rise | 0.910 | 0.840 |
PNR | PANTORO LIMITED | 0.235rise | 0.225 | 0.220 |
AO1 | ASSETOWL LIMITED | 0.300rise | 0.290 | 0.235 |
SDG | SUNLAND GROUP LTD | 1.780rise | 1.745 | 1.690 |
SNC | SANDON CAPITAL LTD | 1.040rise | 1.020 | 1.000 |
TES | TEST SECURITY | 0.000rise | 0.000 | 0.000 |
Updated: February 7, 2017 - 6:50PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
OGX | ORINOCO GOLD LTD | 0.065fall | 0.099 | 0.099 |
MJP | MARTIN AIRCRAFT LTD | 0.200fall | 0.225 | 0.220 |
ZIP | ZIPTEL LIMITED | 0.046fall | 0.050 | 0.079 |
N1H | N1 HOLDINGS LTD | 0.160fall | 0.170 | 0.170 |
DMC | DIGIMATIC GROUP LTD | 0.080fall | 0.085 | 0.080 |
KOR | KORAB RESOURCES | 0.017fall | 0.018 | 0.017 |
CGN | CRATER GOLD MIN LTD | 0.035fall | 0.037 | 0.036 |
SKN | SKIN ELEMENTS LTD | 0.180fall | 0.190 | 0.185 |
VAH | VIRGIN AUS HLDG LTD | 0.195fall | 0.205 | 0.220 |
CYG | COVENTRY GROUP | 0.820fall | 0.860 | 0.820 |
Updated: February 7, 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 |
Cobalt Blue Holdings Ltd | COB | 19/12/2016 | 0.20 |
Davenport Resources Ltd | DAV | 27/10/2016 | 0.75 |
Dreamscape Networks Ltd | DN8 | 02/12/2016 | 0.25 |
Dragontail Systems Ltd | DTS | 10/11/2016 | 0.20 |
E2 Metals Ltd | E2M | 02/12/2016 | 0.20 |
Eildon Capital Ltd | EDC | 02/02/2017 | 1.06 |
Freehill Mining Limited | FHS | 12/12/2016 | 0.20 |
GetSwift Ltd | GSW | 0.20 | |
HearMe Out Limited | HMO | 13/12/2016 | 0.20 |
Horizon Gold Ltd | HRN | 14/12/2016 | 0.40 |
India Fund Limited | INF | 1.00 | |
Inghams Group Limited | ING | 07/11/2016 | 4.14 |
Integrated Payment Technologies Limited | IP1 | 02/12/2016 | 0.20 |
I Synergy Group Limited | IS3 | 22/12/2016 | 0.20 |
Kalium Lakes Ltd | KLL | 19/12/2016 | 0.20 |
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