Markets Live: ASX tops 5800 in big week for miners
Shares edge higher as investor mood remains upbeat following this week's Fed decision, which has helped buoy mining stocks, while weighing on banks and health-care.
Shares edge higher as investor mood remains upbeat following this week's Fed decision, which has helped buoy mining stocks, while weighing on banks and health-care.
Australia's miners have reversed a period of dramatic sharemarket underperformance, pulling strongly ahead.
The US central bank's return to higher interest rates has changed the conversation at many of the world's central banks.
Bond investor Michael Hasenstab says he's betting against the euro as a "hedge against populism". Is that still smart?
The greenback pared its loss after Steven Mnuchin repeated his support for the long-term strengthening of the US dollar.
Credit Suisse Group and UBS Group have a message for their wealthy clients: it's not too late to buy equities.
Shares of Sturm Ruger, American Outdoor Brands and Vista Outdoor are down by between 17 and 47 per cent since the US election.
Macquarie Group agreed to buy Cargill's petroleum business, the latest reshuffling of the commodities trader's business.
Shares edge higher as investor mood remains upbeat following this week's Fed decision, which has helped buoy mining stocks, while weighing on banks and health-care.
The pound appreciated against all of its major peers after the Bank of England's Kristin Forbes voted for a rate increase.
Iron ore advanced 2.3 per cent on the Dalian Commodity Exchange as Shanghai steel rebar futures ended near a three-year high.
The Federal Reserve may be determined to lift US rates three times this year, but soft local jobs numbers were a timely reminder that the RBA is still at a very different stage of the rates cycle.
Central bank policy dominated sharemarket trade: while a Fed hike was initially greeted with strong gains, a surprise follow-up move by China dampened the mood.
Bond investor Michael Hasenstab says he's betting against the euro as a "hedge against populism". Is that still smart?
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.7687 | 0.7683 | 0.0006rise | 0.08% rise |
AUD/EUR | 0.7135 | 0.7133 | 0.0004rise | 0.06% rise |
Updated: March 17, 2017 - 3:10PM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 2,771,985,529 | 1,509,050,456 | 774,771 |
Industrial | 2,114,332,779 | 560,790,772 | 632,229 |
Mining | 641,695,231 | 947,962,134 | 140,065 |
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 |
---|---|---|---|---|
UPD | UPDATER INC | 0.700rise | 0.430 | 0.460 |
RGI | ROTO-GRO INTL LTD | 0.495rise | 0.325 | 0.220 |
BBX | BBX MINERALS LTD | 0.090rise | 0.065 | 0.059 |
AMT | ALLEGRA ORTHOPAEDICS | 0.310rise | 0.258 | 0.220 |
KGL | KGL RESOURCES LTD | 0.355rise | 0.305 | 0.315 |
COI | COMET RIDGE LIMITED | 0.094rise | 0.082 | 0.085 |
HML | HENRY MORGAN LIMITED | 1.710rise | 1.550 | 1.650 |
LIC | LIFESTYLE COMMUNIT. | 4.250rise | 3.950 | 4.000 |
BRG | BREVILLE GROUP LTD | 10.590rise | 9.940 | 9.810 |
TAW | TAWANA RESOURCES NL | 0.190rise | 0.180 | 0.165 |
Updated: March 17, 2017 - 3:12PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
CEL | CHALLENGER ENERGY | 0.010fall | 0.014 | 0.015 |
ACS | ACCENT RESOURCES NL | 0.055fall | 0.075 | 0.075 |
LFC | LIFE CORPORATION | 0.004fall | 0.005 | 0.006 |
RXH | REWARDLE HOLDING LTD | 0.028fall | 0.035 | 0.036 |
AOK | AUSTEX OIL LIMITED | 0.032fall | 0.037 | 0.036 |
SHJ | SHINE CORPORATE | 0.525fall | 0.575 | 0.630 |
TZL | TZ LIMITED | 0.041fall | 0.044 | 0.045 |
SPO | SPOTLESS GRP HLD LTD | 0.712fall | 0.760 | 0.795 |
AEG | ABSOLUTE EQUITY PERF | 0.970fall | 1.030 | 1.015 |
SKT | SKY NETWORK | 3.195fall | 3.310 | 3.420 |
Updated: March 17, 2017 - 3:12PM |
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 |
Save articles for later.
Subscribe for unlimited access to news. Login to save articles.
Return to the homepage by clicking on the site logo.