Markets Live: Muted response to Trump speech
The ASX continues to wallow as Telstra trades ex-divided, while an initial Trump-inspired jump in Wall St futures quickly fades.
The ASX continues to wallow as Telstra trades ex-divided, while an initial Trump-inspired jump in Wall St futures quickly fades.
Fund managers say the lack of detail in Donald Trump speech to Congress leaves markets vulnerable to a correction.
Caution reigned on the sharemarket, with the ASX ending lower for a fifth straight session.
The surge in the price of gas is threatening a rising number of jobs in the manufacturing sector
Fed policymaker John Williams said he expects an interest-rate increase to receive "serious consideration" this month.
Two big events on the calendar today with Australian GDP figures out this morning before Donald Trump makes his eagerly awaited speech to the US Congress early afternoon, Australian time.
BP said it will need a crude price of about $US40 a barrel in 2021 to cover spending and dividends, from $US60 this year.
OPEC has cut its oil output for a second month in February, a Reuters survey found, once again paced by Saudi Arabia.
The ASX continues to wallow as Telstra trades ex-divided, while an initial Trump-inspired jump in Wall St futures quickly fades.
Germany's record low short-term borrowing costs have further to fall as the ECB seeks to buy more shorter-dated paper.
China's top economic planner is said to be investigating the recent surge in steel and iron ore futures.
The US economy grew in the fourth quarter at a 1.9 per cent pace, slower than expected as business investment eased.
Declining output from existing oilfields will more than offset low demand growth resulting in the present oversupply to evaporate over the year ahead, BHP Billiton has forecast.
Australia could record its first current account surplus since the mid-1970s this year, economists say.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.7666 | 0.7661 | 0.0004rise | 0.05% rise |
AUD/EUR | 0.7277 | 0.7271 | 0.0033rise | 0.46% rise |
Updated: March 1, 2017 - 9:41PM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 5,841,448,117 | 2,690,323,478 | 1,263,866 |
Industrial | 4,554,697,283 | 1,106,002,551 | 1,022,199 |
Mining | 1,271,949,485 | 1,584,009,981 | 237,668 |
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 |
---|---|---|---|---|
COY | COPPERMOLY LIMITED | 0.021rise | 0.014 | 0.020 |
OTI | ORIENTAL TECHNO. | 0.009rise | 0.006 | 0.006 |
ENX | ENEGEX LIMITED | 0.015rise | 0.011 | 0.012 |
SAS | SKY AND SPACE GLOBAL | 0.185rise | 0.140 | 0.175 |
KLL | KALIUM LAKES LTD | 0.350rise | 0.275 | 0.290 |
CLQ | CLEAN TEQ HLDGS LTD | 1.020rise | 0.850 | 0.945 |
BPA | BROOKFIELD PRIME | 8.500rise | 7.100 | 8.000 |
PEK | PEAK RESOURCES | 0.125rise | 0.110 | 0.110 |
MAH | MACMAHON HOLDINGS | 0.175rise | 0.155 | 0.155 |
BRG | BREVILLE GROUP LTD | 10.040rise | 9.000 | 9.810 |
Updated: March 1, 2017 - 6:50PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
POW | PROTEAN ENERGY LTD | 0.002fall | 0.005 | 0.004 |
CVT | COVATA LTD | 0.036fall | 0.081 | 0.072 |
SGH | SLATER & GORDON | 0.065fall | 0.140 | 0.096 |
LGO | LONGREACH OIL LTD. | 0.001fall | 0.002 | 0.002 |
XPD | XPD SOCCER GEAR GRP | 0.038fall | 0.064 | 0.064 |
EGH | EUREKA GROUP LTD | 0.370fall | 0.555 | 0.430 |
RFX | REDFLOW LIMITED | 0.170fall | 0.250 | 0.200 |
MRM | MMAOFFSHOR | 0.215fall | 0.300 | 0.270 |
ENA | ENSURANCE LTD | 0.140fall | 0.180 | 0.180 |
ECG | ECARGO HLDG | 0.130fall | 0.165 | 0.160 |
Updated: March 1, 2017 - 6:50PM |
Company | Security Code | Float date | Issue $ |
---|---|---|---|
Blockchain Global Ltd | BCG | 0.20 | |
E2 Metals Ltd | E2M | 02/12/2016 | 0.20 |
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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