Markets Live: ASX falls as Trump looms
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Shares slide on the final day of reporting season amid caution ahead of Trump's big speech tomorrow, while WorleyParsons shares surge after a Dubai investor takes a stake.
Shares slide on the final day of reporting season amid caution ahead of Trump's big speech tomorrow, while WorleyParsons shares surge after a Dubai investor takes a stake.
Resource companies have driven the standout earnings season on the ASX200. But at the same time, their floundering share prices have held the index back.
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.
The surge in the price of gas is threatening a rising number of jobs in the manufacturing sector
Shares posted small losses on the final day of earnings season, as steep falls in the gold sector offset a rally in WorleyParsons.
US stocks ended slightly higher to start the week and the Dow hit a record high close for a 12th straight session.
Gold fell after tapping a 3-1/2-month high as US Treasury yields rose and investors waited for US President Donald Trump.
The difficulty is trying to figure out if US equities and global equities for that matter, are too expensive.
Shares slide on the final day of reporting season amid caution ahead of Trump's big speech tomorrow, while WorleyParsons shares surge after a Dubai investor takes a stake.
BHP Billiton and striking workers at its Escondida copper mine have differing views on the state of play.
Hedge funds have never been so confident that the price of US oil will eventually rally as the current global glut clears.
Berkshire Hathaway increased its stake in iPhone maker Apple to about 133 million shares, chairman Warren Buffett told CNBC.
Fortescue Metals and Apollo Global are reportedly among the bidders for Wesfarmers's Australian coal operations.
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 | 0.7687 | 0.7685 | 0.0014rise | 0.18% rise |
AUD/EUR | 0.7256 | 0.7251 | 0.0007rise | 0.10% rise |
Updated: February 28, 2017 - 5:12PM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 6,878,051,912 | 3,277,605,006 | 1,240,357 |
Industrial | 5,500,152,949 | 1,214,761,916 | 996,067 |
Mining | 1,361,363,404 | 2,062,447,715 | 240,255 |
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 |
---|---|---|---|---|
BNV | BRAND NEW VINTAGE | 0.029rise | 0.008 | 0.008 |
CLZ | CLASSIC MIN LTD | 0.018rise | 0.009 | 0.008 |
COY | COPPERMOLY LIMITED | 0.020rise | 0.014 | 0.013 |
IVT | INVENTIS LIMITED | 0.015rise | 0.011 | 0.011 |
QST | QUEST INVESTMENTS | 0.230rise | 0.180 | 0.150 |
SAS | SKY AND SPACE GLOBAL | 0.175rise | 0.140 | 0.090 |
CAP | CARPENTARIA EXP. LTD | 0.095rise | 0.077 | 0.074 |
ATS | AUSTRALIS OIL & GAS | 0.300rise | 0.250 | 0.255 |
AML | AEON METALS LTD. | 0.220rise | 0.185 | 0.200 |
WOR | WORLEYPARSONS LTD | 10.780rise | 9.080 | 10.350 |
Updated: February 28, 2017 - 4:17PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
MJP | MARTIN AIRCRAFT LTD | 0.130fall | 0.200 | 0.220 |
NWZ | NEWZULU LIMITED | 0.002fall | 0.003 | 0.003 |
SGH | SLATER & GORDON | 0.096fall | 0.140 | 0.210 |
TCN | TECHNICHE LIMITED. | 0.048fall | 0.066 | 0.065 |
EGH | EUREKA GROUP LTD | 0.430fall | 0.555 | 0.657 |
EVS | ENVIROSUITE LTD | 0.051fall | 0.065 | 0.065 |
RFX | REDFLOW LIMITED | 0.200fall | 0.250 | 0.210 |
SRO | SHAREROOT LTD | 0.007fall | 0.008 | 0.009 |
SPO | SPOTLESS GRP HLD LTD | 0.795fall | 0.905 | 0.910 |
AXP | AIRXPANDERS, INC. | 0.730fall | 0.830 | 0.980 |
Updated: February 28, 2017 - 5:30PM |
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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