Markets Live: ASX tops 5800 in big week for miners
The ASX 200 briefly edged above 5800 points on Friday before paring some of the session's gains, as powerful gains in the miners led the sharemarket higher over the week.
The ASX 200 briefly edged above 5800 points on Friday before paring some of the session's gains, as powerful gains in the miners led the sharemarket higher over the week.
The Australian market is set to open lower this morning on the back of a soft Wall Street lead, with a growing belief that the Trump rally is running out of steam.
The ASX is set for a cautious start, with plenty of potential for investors to rethink their interpretation of last week's US rate hike as nine Fed members speak, including chair Janet Yellen.
US equities were little changed with the greenback. Oil was flat. Iron ore dips. Copper edged higher as did the $A.
Little-changed economic data and his belief that job market slack remains pushed him to cast the lone dissent vote.
The S&P; 500 Index could reach 2600 as the global economy improves and corporate earnings climb, according to Bank of America.
Australia and New Zealand Banking Group is quitting trading activity in base metals, coal and iron ore and electricity.
The sharemarket nudged close to 2017 highs in a week marked by a rebound in mining stocks and an equities-friendly Fed decision.
The ASX 200 briefly edged above 5800 points on Friday before paring some of the session's gains, as powerful gains in the miners led the sharemarket higher over the week.
Sometimes, you're your own worst enemy. Here's why.
Australia's miners have reversed a period of dramatic sharemarket underperformance, pulling strongly ahead.
National Australia Bank has sold $500 million of "gender equality" social bonds amid burgeoning demand for ethical investments.
The US central bank's return to higher interest rates has changed the conversation at many of the world's central banks.
Bond investor Michael Hasenstab says he's betting against the euro as a "hedge against populism". Is that still smart?
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.7704 | 0.7702 | 0.0004rise | 0.05% rise |
AUD/EUR | 0.7177 | 0.7172 | 0.0003rise | 0.04% rise |
Updated: March 20, 2017 - 8:30AM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 7,235,260,326 | 2,568,262,595 | 1,021,284 |
Industrial | 5,503,031,670 | 1,146,435,462 | 836,155 |
Mining | 1,714,051,382 | 1,421,438,957 | 181,863 |
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 |
---|---|---|---|---|
AMT | ALLEGRA ORTHOPAEDICS | 0.310rise | 0.310 | 0.220 |
AOH | ALTONA MINING LTD | 0.160rise | 0.160 | 0.160 |
AQF | AUS GOV INDEX FUND | 1.990rise | 1.990 | 1.950 |
AXL | AXSESSTODAY LTD | 1.620rise | 1.620 | 1.600 |
AXZ | AMEX RESOURCES | 0.450rise | 0.450 | 0.380 |
BBX | BBX MINERALS LTD | 0.090rise | 0.090 | 0.059 |
BEL | BENTLEY CAPITAL LTD | 0.145rise | 0.145 | 0.145 |
BRG | BREVILLE GROUP LTD | 10.590rise | 10.590 | 9.810 |
COI | COMET RIDGE LIMITED | 0.095rise | 0.095 | 0.085 |
CWY | CLEANAWAY WASTE LTD | 1.305rise | 1.305 | 1.235 |
Updated: March 17, 2017 - 6:50PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
ACS | ACCENT RESOURCES NL | 0.055fall | 0.055 | 0.075 |
ADN | ANDROMEDA METALS LTD | 0.010fall | 0.010 | 0.010 |
AEG | ABSOLUTE EQUITY PERF | 0.965fall | 0.965 | 1.015 |
AEI | AERIS ENVIRONMENTAL | 0.330fall | 0.330 | 0.330 |
AHF | AUS DAIRY FARMS | 0.135fall | 0.135 | 0.150 |
AOK | AUSTEX OIL LIMITED | 0.032fall | 0.032 | 0.036 |
ASH | ASHLEY SERVICES GRP | 0.074fall | 0.074 | 0.130 |
AVG | AUST VINTAGE LTD | 0.435fall | 0.435 | 0.455 |
AZS | AZURE MINERALS | 0.015fall | 0.015 | 0.016 |
BDI | BLINA MINERALS NL | 0.001fall | 0.001 | 0.001 |
Updated: March 17, 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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