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Movers

Markets Live: ASX turns red as mood sours

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Miners lose some of their initial strong gains following a slide in iron ore futures, while the Aussie slips back below US77c on weak employment data.

Heinz security guard accused of insider-trading plot

It's the second insider trading case related to the $US28 billion takeover of Heinz by Warren Buffett's Berkshire ...

A security guard for a Heinz board member, Todd David Alpert printed out an email for his employer with the terms of the $36 billion takeover of the food giant. The next day, he called his broker and started trading.

Fed raises rates for third time since GFC

Federal Reserve Chair Janet Yellen: The third rate hike since the 2007-2009 recession was well telegraphed.

The Federal Reserve raised its benchmark lending rate a quarter point and continued to project two more rate increases this year, signalling more vigilance as inflation approaches its target.

Market Activity

  • Advances
    Price
    220.00
    Percentage up/down
    47.52% rise
  • Declines
    Price
    193.00
    Percentage up/down
    41.68% fall
  • Unchanged
    Price
    50.00
    Percentage up/down
    10.80% steady
Last updated:
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Secular stagnation is still a thing

As the reflation trades of the past year ebb away, money managers are still grappling with a familiar problem: how to generate a decent return in what is likely to remain low growth, low inflation environment.

UBS Asset Management head of investment strategy Tracey McNaughton.

UBS hopes Trump is the new LBJ

In a bid to escape from crushingly low yields global investors have for close to a decade been increasing their exposure to risk.

Currencies

Wholesale Interbank Rates
Currencies Buys ($AU1) Sells ($AU1) $ Mvmt % Mvmt
AUD/USD 0.7685 0.7683 -0.0024fall -0.31% fall
AUD/EUR 0.7165 0.716 -0.0018fall -0.25% fall
Updated: March 16, 2017 - 2:30PM

Market Details

Volatility S&P;/ASX 200 VIX
Price
9.38
Change in
-0.2390fall
Percentage up/down
(-2.48%) fall
Today's market compared to previous close
Turnover
Sector Turnover ($AU) Volume Trades
Market total 5,243,381,161 2,077,534,599 679,151
Industrial 3,985,307,031 685,624,263 538,532
Mining 1,245,905,351 1,391,630,289 137,147
Last updated: March 16, 2017 - 2:31PM

Insider Tips

ASX - 52 Weeks Highs

Code Name New Highs Last Week Last Month
PGS PLANET GAS LTD 0.012rise 0.004 0.005
QBL QUEENSLAND BAUXITE 0.030rise 0.016 0.009
AUK AUGUR RESOURCES LTD 0.019rise 0.011 0.013
AAR ANGLO AUSTRALIAN 0.036rise 0.023 0.021
MTC METALSTECH LTD 0.335rise 0.230 0.275
TMT TECHNOLOGY METALS 0.335rise 0.230 0.245
SWL SEYMOUR WHYTE LTD 1.380rise 1.000 1.000
OKU OKLO RESOURCES LTD 0.295rise 0.215 0.215
PDZ PRAIRIE MINING LTD 0.600rise 0.490 0.480
RGI ROTO-GRO INTL LTD 0.395rise 0.325 0.220
Updated: March 16, 2017 - 2:30PM

ASX - 52 Weeks Highs

Code Name New Lows Last Week Last Month
ECG ECARGO HLDG 0.100fall 0.125 0.160
HWK HAWKSTONE MNG LTD 0.014fall 0.017 0.700
XPD XPD SOCCER GEAR GRP 0.035fall 0.042 0.064
ASH ASHLEY SERVICES GRP 0.074fall 0.085 0.130
IP1 INT PAYMENT TECH LTD 0.165fall 0.185 0.175
AHF AUS DAIRY FARMS 0.135fall 0.150 0.150
AOK AUSTEX OIL LIMITED 0.034fall 0.037 0.036
TGH TEGEL GROUP HOLDINGS 1.090fall 1.150 1.120
SKN SKIN ELEMENTS LTD 0.105fall 0.110 0.150
AVG AUST VINTAGE LTD 0.435fall 0.455 0.455
Updated: March 16, 2017 - 2:25PM