ASX Markets Overview | Australian Stock Exchange

Markets Live: ASX loses $26b in Trump slump

34 mins ago

In a big shake-up after months of gains, shares record their worst day since the US election amid growing doubts that Trump will deliver on his pro-growth policies.

Class action fees too expensive, says Perpetual

Perpetual senior lawyer Jessie Moodley said part of the concern was that there was often a lack of transparency around ...

4 mins ago

Perpetual senior lawyer Jessie Moodley told the Corporate Conduct and Class Action symposium in Melbourne fees charged by class action lawyers and funders are "excessive".

ASX loses $26b in Trump slump

A sharp overnight drop in the S&P500 - the first such drop in 109 sessions - set up the ASX to its worst day since ...

19 mins ago

The ASX shed $26 billion on Wednesday, its worst day since Donald Trump's November election victory.

We should worry about corporate wrongs, not class actions: judge

Justice Bernard Murphy welcomed the 25th anniversary of Australia's class action regime.

1 hr ago

Concerns that there are too many class actions against companies are ill founded, according to Federal Court judge Bernard Murphy.

'We are short sellers. We are biased. So is TFS'

Sandalwood is used in a wide range of products

1 hr ago

US short seller Glaucus Research Group has made a full-frontal assault of local sandalwood producer TFS, with some success.

World stocks seen as most overvalued in 17 years

The drift lower in yields has pulled the US dollar down with it.

World stocks are their most expensive in 17 years, but bond yields will need to be much higher than they are to trigger an equity bear market.

Is big money eyeing an equities exit?

Time to take some profits? Stocks are looking pricey, global fund manager say.

A record number of global fund managers reckon that stocks are overvalued, according to Bank of America Merrill Lynch's monthly survey.

PIMCO sees higher global growth

Joachim Fels: "Trump wants to strike deals rather than starting a trade war."

Pimco has joined the chorus of global investors turning bullish on global growth prospects, saying the Trump administration's war on trade is "more symbolic than real".

Market Indices

Updated: March 22, 2017 - 4:41PM

Updated: March 22, 2017 - 5:18PM

Updated: March 22, 2017 - 8:15AM

Updated: March 22, 2017 - 4:00AM

Advances

Price

114.00

Percentage up/down

23.75% rise
Declines

Price

316.00

Percentage up/down

65.83% fall
Unchanged

Price

50.00

Percentage up/down

10.42% steady

Last updated: Mar 22, 2017 - 5:30PM

Markets Live: ASX loses $26b in Trump slump

In a big shake-up after months of gains, shares record their worst day since the US election amid growing doubts that Trump will deliver on his pro-growth policies.

"He's a demagogue who seems to appeal to the lowest common denominator," Hawking once said of Trump.

This may be the day the Trump trade died

COMMENT

Maybe investors should forget the Trump trade and start prepping for the Trump correction. There's an undeniable "risk off" vibe reverberating through markets.

8@eight: Markets hit a Trump speed bump

Sponsored

Local shares set to fall sharply at the open after heavy falls on overseas markets overnight,

Marine Le Pen, France's presidential candidate and leader of the French National Front. The odds UBS gives to Le Pen is ...

UBS bullish on euro

UBS expects the euro to rebound if nationalist Marine Le Pen fails in her bid to become the next French president.

Overnight, Goldman Sachs shed 3.8 per cent and JPMorgan lost 3.1 per cent, two of the worst performers on the Dow. Bank ...

Pillar of Trump rally falters

US bank shares had rallied 22 per cent through Monday, eight percentage points more than the next best group.

UBS bullish on euro

UBS expects the euro to rebound if nationalist Marine Le Pen fails in her bid to become the next French president.

Wholesale Interbank Rates
Currencies	Buys ($AU1)	Sells ($AU1)	$ Mvmt	% Mvmt
AUD/USD	0.7664	0.766	-0.0028fall	-0.36% fall
AUD/EUR	0.7099	0.7094	-0.0017fall	-0.24% fall
Updated: March 22, 2017 - 5:30PM

Volatility S&P;/ASX 200 VIX

Price: 12.39

Change in: 2.1680rise
Percentage up/down: (21.22%) rise

Today's market compared to previous close

Turnover
Sector	Turnover ($AU)	Volume	Trades
Market total	5,160,667,439	2,215,674,415	1,008,646
Industrial	4,081,133,356	911,793,275	832,088
Mining	1,041,237,469	1,303,404,970	169,941

Last updated: March 22, 2017 - 5:05PM

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, Feb. 8, 2016. U.S. stocks ...

Code	Name	New Highs	Last Week	Last Month
SUH	SOUTHERN HEM MIN	0.052rise	0.034	0.041
EHL	EMECO HOLDINGS	0.105rise	0.081	0.098
RDS	REDSTONE RESOURCES	0.029rise	0.023	0.011
COI	COMET RIDGE LIMITED	0.115rise	0.095	0.085
KGL	KGL RESOURCES LTD	0.415rise	0.355	0.315
OPN	OPENDNA LTD	0.200rise	0.175	0.170
DGR	DGR GLOBAL LTD	0.160rise	0.140	0.150
MCP	MCPHERSON'S LTD	1.400rise	1.240	1.350
CPH	CRESO PHARMA LTD	0.930rise	0.870	0.370
EOS	ELECTRO OPTIC SYS.	2.640rise	2.480	2.450
Updated: March 22, 2017 - 4:10PM

Code	Name	New Lows	Last Week	Last Month
ROG	RED SKY ENERGY.	0.007fall	0.009	0.050
AHL	AHALIFE HOLDINGS LTD	0.039fall	0.049	0.050
MZI	MZI RES LTD	0.200fall	0.245	0.265
1AG	ALTERRA LIMITED	0.028fall	0.032	0.032
HT8	HARRIS TECHNOLOGY GL	0.070fall	0.080	0.075
ADN	ANDROMEDA METALS LTD	0.009fall	0.010	0.010
WEC	WHITE ENERGY COMPANY	0.041fall	0.045	0.044
EAX	ENERGY ACTION LTD	0.700fall	0.755	0.860
UTR	ULTRACHARGE LTD	0.028fall	0.030	0.031
CAT	CATAPULT GRP INT LTD	1.990fall	2.130	2.070
Updated: March 22, 2017 - 4:10PM

Upcoming IPOs
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

The $50 billion question

Company Tax
1 hr ago

AGL AGL ENERGY LIMITED.

ALL ARISTOCRAT LEISURE LIMITED

AMC AMCOR LIMITED

AMP AMP LIMITED

ANZ AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED

APA APA GROUP

ASX ASX LIMITED

AZJ AURIZON HOLDINGS LIMITED

BHP BHP BILLITON LIMITED

BXB BRAMBLES LIMITED

CBA COMMONWEALTH BANK OF AUSTRALIA.

CPU COMPUTERSHARE LIMITED.

CSL CSL LIMITED

CTX CALTEX AUSTRALIA LIMITED

DXS DEXUS PROPERTY GROUP

FMG FORTESCUE METALS GROUP LTD

GMG GOODMAN GROUP

GPT GPT GROUP

IAG INSURANCE AUSTRALIA GROUP LIMITED

IPL INCITEC PIVOT LIMITED

JHX JAMES HARDIE INDUSTRIES PLC

LLC LENDLEASE GROUP

MGR MIRVAC GROUP

MPL MEDIBANK PRIVATE LIMITED

MQG MACQUARIE GROUP LIMITED

NAB NATIONAL AUSTRALIA BANK LIMITED

NCM NEWCREST MINING LIMITED

ORG ORIGIN ENERGY LIMITED

ORI ORICA LIMITED

OSH OIL SEARCH LIMITED

QAN QANTAS AIRWAYS LIMITED

QBE QBE INSURANCE GROUP LIMITED

RHC RAMSAY HEALTH CARE LIMITED

RIO RIO TINTO LIMITED

S32 SOUTH32 LIMITED

SCG SCENTRE GROUP

SGP STOCKLAND

SHL SONIC HEALTHCARE LIMITED

STO SANTOS LIMITED

SUN SUNCORP GROUP LIMITED

SYD SYDNEY AIRPORT

TCL TRANSURBAN GROUP

TLS TELSTRA CORPORATION LIMITED.

TWE TREASURY WINE ESTATES LIMITED

VCX VICINITY CENTRES

WBC WESTPAC BANKING CORPORATION

WES WESFARMERS LIMITED

WFD WESTFIELD CORPORATION

WOW WOOLWORTHS LIMITED

WPL WOODSIDE PETROLEUM LIMITED

Advances

Declines

Unchanged

Volatility S&P;/ASX 200 VIX

Business