Markets Live: ASX tops 5800 as CBA rallies
Investors pile into banks after CBA reports a record half-yearly profit, helping the ASX push through 5800 points amid a hectic session of earnings reports.
Investors pile into banks after CBA reports a record half-yearly profit, helping the ASX push through 5800 points amid a hectic session of earnings reports.
Optimism is in the air with Bank of America Merrill Lynch's fund manager survey finding sunshine amid geopolitical uncertainty.
The fall in the oil price has prompted Origin Energy to slash $1.9 billion off the value of its assets, primarily for its gas export project in Queensland.
Toshiba says it expects to book a ÂĄ712.5 billion write-down in its nuclear power business, citing cost overruns at a US unit.
Competitor problems opened the door for CSL to boost revenues and earnings, with sales to remain strong through the balance of fiscal 2017.
We were almost presented with a sell signal on the ASX 200, but the reassurance we have from a modestly stronger US trading session should see the Aussie market open on the front foot.
With the financial markets strangely quiet, investors in volatility are finally getting fed up with losses.
​Striking workers at Chile's Escondida copper mine have accepted a government invitation to try to resume talks with BHP.
Investors pile into banks after CBA reports a record half-yearly profit, helping the ASX push through 5800 points amid a hectic session of earnings reports.
It may not be a smooth ride, but investors who jump into Chinese equities and hold on for the long term will end up happy.
The Federal Reserve will likely need to raise interest rates at an upcoming meeting, Fed Chair Janet Yellen said on Tuesday, although she flagged considerable uncertainty over economic policy under the Trump administration.
US rates are poised to rise as long as the economy meets the central bank's inflation and jobs targets, its chair said.
​China's iron ore futures rose for a sixth session in a row, hitting their highest in more than three years.
For most of the past five years, the value of the Australian dollar and the iron ore price have been closely linked. But in recent weeks, they have sharply diverged.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.7673 | 0.7669 | 0.0009rise | 0.12% rise |
AUD/EUR | 0.7259 | 0.7254 | 0.0013rise | 0.18% rise |
Updated: February 15, 2017 - 1:15PM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 2,876,570,374 | 2,362,565,256 | 672,064 |
Industrial | 2,333,240,664 | 484,361,143 | 548,913 |
Mining | 532,092,267 | 1,877,949,292 | 119,367 |
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 |
---|---|---|---|---|
SHO | SPORTSHERO LTD | 0.059rise | 0.011 | 0.011 |
SDL | SUNDANCE RESOURCES | 0.012rise | 0.005 | 0.004 |
MRP | MACPHERSONS RESOURCE | 0.150rise | 0.092 | 0.095 |
RFL | RUBIK FINANCIAL LTD. | 0.160rise | 0.100 | 0.100 |
EMH | EUROPEAN METALS HLDG | 1.295rise | 0.855 | 0.700 |
GID | GI DYNAMICS, INC | 0.041rise | 0.029 | 0.029 |
GTR | GTI RESOURCES | 0.035rise | 0.025 | 0.030 |
CDT | CASTLE MINERALS | 0.025rise | 0.018 | 0.018 |
ARL | ARDEA RESOURCES LTD | 0.280rise | 0.205 | 0.000 |
LYC | LYNAS CORPORATION | 0.122rise | 0.098 | 0.090 |
Updated: February 15, 2017 - 1:45PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
TV2 | TV2U INTER LIMITED | 0.005fall | 0.007 | 0.007 |
AHL | AHALIFE HOLDINGS LTD | 0.060fall | 0.070 | 0.069 |
AB1 | ANIMOCA BRANDS CORP | 0.029fall | 0.033 | 0.046 |
OLV | OTHERLEVELS HOLDINGS | 0.040fall | 0.045 | 0.045 |
ORL | OROTONGROUP LIMITED | 1.520fall | 1.620 | 1.610 |
XPD | XPD SOCCER GEAR GRP | 0.076fall | 0.078 | 0.080 |
EEU | BETASHARES EURO ETF | 13.430fall | 13.680 | 13.800 |
IDX | INTEGRAL DIAGNOSTICS | 1.090fall | 1.100 | 1.130 |
Updated: February 15, 2017 - 1:44PM |
Company | Security Code | Float date | Issue $ |
---|---|---|---|
Blockchain Global Ltd | BCG | 0.20 | |
E2 Metals Ltd | E2M | 02/12/2016 | 0.20 |
Eildon Capital Ltd | EDC | 02/02/2017 | 1.06 |
India Fund Limited | INF | 1.00 | |
I Synergy Group Limited | IS3 | 22/12/2016 | 0.20 |
Lithium Consolidated Mineral Exploration Pty Ltd | LI3 | 21/12/2016 | 0.20 |
Majestic Horizon Holdings Ltd | MHH | 0.20 | |
Metavone Limited | MTV | 28/10/2016 | 0.20 |
Secure2Go Group Ltd | S2G | 09/01/2017 | 0.30 |
Traprock Mining Ltd | TMI | 21/12/2016 | 0.20 |
Viatar CTC Solutions Inc. | VTR | 68.50 | |
Wilgena Resources Ltd | WRX | 13/12/2016 | 0.20 |
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