Markets Live: Investors cheer Woolies
Shares are once again struggling to make ground despite strong support for Woolworths, as investors take profits on the miners amid the busiest day of reporting season yet.
Shares are once again struggling to make ground despite strong support for Woolworths, as investors take profits on the miners amid the busiest day of reporting season yet.
Local shares are due for a strong open after Wall Street had another record night.
Caltex in business review as BP's planned $1.8 billion buy of Woolworths petrol stations will hit sales volumes
Investors had another flood of earnings to digest, but in the absence of a lead from Wall Street due to a public holiday the overall market tread water for most of the session.
Miners have predictably been the stars, dividends are still hot and banks look solid.
What works for gold in practice rarely works in theory.
The question on every traders mind should be, do we have a multi decade bull market underway?
Australia's resurgent exports could push its currency to US80¢ and even beyond, Deutsche Bank's Chief Economist Adam Boyton reckons.
Shares are once again struggling to make ground despite strong support for Woolworths, as investors take profits on the miners amid the busiest day of reporting season yet.
At the dawn of the year of the rooster, China's economy is as leveraged as ever, with credit still outpacing growth.
For the first time since 2003, many high momentum stocks are actually cheaper than those with low momentum.
The ASX slid on Monday in choppy trade that saw it open above the 5800 mark before sinking lower over the course of the day.
In markets its often referred to a black swan events that create significant market turns. What will the market make of the latest controversy involving Donald Trump and Russia?
Australia's resurgent exports could push its currency to US80¢ and even beyond, Deutsche Bank's Chief Economist Adam Boyton reckons.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.767 | 0.7669 | -0.0005fall | -0.07% fall |
AUD/EUR | 0.7275 | 0.7273 | -0.0010fall | -0.14% fall |
Updated: February 22, 2017 - 11:43AM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 2,596,096,096 | 1,254,933,634 | 477,651 |
Industrial | 2,063,716,258 | 368,712,054 | 382,638 |
Mining | 506,211,056 | 885,949,405 | 92,495 |
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.
Markets are in a well-oiled "death spiral," analysts at Citigroup say.
Code | Name | New Highs | Last Week | Last Month |
---|---|---|---|---|
RMI | RESOURCE MINING CORP | 0.019rise | 0.007 | 0.005 |
CZI | CASSINI RESOURCES | 0.083rise | 0.065 | 0.069 |
YOJ | YOJEE LIMITED | 0.070rise | 0.055 | 0.059 |
BUL | BLUE ENERGY LIMITED | 0.052rise | 0.043 | 0.045 |
GSW | GETSWIFT LIMITED | 0.460rise | 0.395 | 0.330 |
FIG | FREEDOM INSURANCE | 0.755rise | 0.675 | 0.605 |
MLM | METALLICA MINERALS | 0.072rise | 0.065 | 0.071 |
MGX | MOUNT GIBSON IRON | 0.582rise | 0.530 | 0.400 |
ARL | ARDEA RESOURCES LTD | 0.350rise | 0.320 | 0.000 |
WOF | WOLF PETROLEUM | 0.037rise | 0.034 | 0.035 |
Updated: February 22, 2017 - 12:12PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
ISD | ISENTIA GROUP LTD | 1.665fall | 2.680 | 2.600 |
CSV | CSG LIMITED | 0.435fall | 0.660 | 0.725 |
DRM | DORAY MINERALS LTD | 0.330fall | 0.405 | 0.420 |
SP1 | SEARCH PARTY GROUP | 0.017fall | 0.020 | 0.029 |
TEN | TEN NETWORK HOLDINGS | 0.720fall | 0.820 | 0.885 |
SMN | STRUCTURAL MONITOR. | 1.100fall | 1.250 | 1.390 |
NTC | NETCOMM WIRELESS | 1.520fall | 1.710 | 1.655 |
SM8 | SHARK MITIGATION | 0.110fall | 0.120 | 0.140 |
TIL | TRILOGY INT LTD | 2.050fall | 2.230 | 2.700 |
RGI | ROTO-GRO INTL LTD | 0.180fall | 0.195 | 0.000 |
Updated: February 22, 2017 - 12:13PM |
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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