ASX Markets Overview | Australian Stock Exchange

Markets Live: ASX breaks new ground

Live
1 hr ago

The ASX continues to push higher after hitting a near-two year peak yesterday, as banks and miners climb in unison, while Fairfax shares spike to their highest since 2011 on talk of a private equity offer.

Stock market 'not as expensive as it seems'

If Trump's tax cuts do pass, it's entirely plausible that US stocks will keep rising through this year, says Nikko AM's ...

11 mins ago

With Wall Street defying gravity, most are looking elsewhere for value but some investors are still drawn to the US market.

8@eight: Bulls back at the gate

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The bulls have taken over again as the US and European market caught a bid with triple digit gains in the DOW and solid gains in the commodities space. The bullish picture for equities remains as the blame game around the failed repeal of the Obama healthcare act and politics in general take a back seat once again to real economic growth.

Fed's Fischer sees two more hikes

Fischer said the US central bank is watching fiscal policy negotiations between Congress and the White House without ...

Fed vice chair Stanley Fischer said policymakers' median estimate for two more rate hikes this year "seems about right".

US consumer confidence surges

While other economists expected a pull back in confidence in April, they said household optimism was being driven by the ...

US consumer confidence surged to a more than 16-year high in March amid growing labour market optimism.

Solomon Lew could chart Myer's future

One Myer shareholder said Solomon Lew was the 'most obvious buyer' for the stake.

Solomon Lew's raid on Myer's shares this week will determine the future of the grand old dame of Australian department store retailing.

Banks push ASX to two-year high

The local market shrugged off negative offshore leads to surge to its highest close of 2017 on Tuesday, driven by strong ...

The ASX surged to its highest close in two years on Tuesday, thanks to a strong performance by the big banks.

Why fund managers are buying Europe

Eurozone equities are "trading at a 47 per cent discount to their US counterparts", says Societe Generale.

With US equity markets deemed ripe for a correction, an increasing number of global fund managers are eyeing European stocks.

Market Indices

Updated: March 29, 2017 - 11:48AM

Updated: March 29, 2017 - 11:33AM

Updated: March 29, 2017 - 8:15AM

Updated: March 29, 2017 - 3:00AM

Advances

Price

238.00

Percentage up/down

51.85% rise
Declines

Price

176.00

Percentage up/down

38.34% fall
Unchanged

Price

45.00

Percentage up/down

9.80% steady

Last updated: Mar 29, 2017 - 11:48AM

Markets Live: ASX breaks new ground

Live

"Pimco has always been family to me, and, like any family, sometimes there are disagreements," Gross, a Pimco co-founder,

Pimco to pay $106m to settle with Gross

Bill Gross and Pacific Investment Management Co have settled a breach of contract suit the money manager filed in 2015.

The spot price of iron ore dropped 4.1 per cent to $US81.57 a tonne at its Monday fix, according to Metal Bulletin.

Spot iron ore extends rout

Iron ore fell, extending its retreat from its February peak to 14 per cent, as Chinese steel inventories edge ever higher.

The ASX has been going backwards this week.

8@eight: The Teflon market

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It is a stretch to believe anyone has really bought into the idea that the Trump administration can really deliver on far-reaching tax reform. But what we can see, is that to a large extent it isn't going to worry them too much either. This is a Teflon market where literally nothing sticks.

Myer surges on mystery shopper taking 10 per cent stake

Myer's shares have soared 18 per cent after a mystery buyer snapped up a significant stake in the company in a late spree.

The central bank has raised interest rates for four consecutive meetings to 6.25 per cent, and economists expect another ...

Peso undervalued up to 10pc

Mexico's peso is undervalued by as much as 10 per cent, according to the governor of the nation's central bank.

Wholesale Interbank Rates
Currencies	Buys ($AU1)	Sells ($AU1)	$ Mvmt	% Mvmt
AUD/USD	0.7645	0.7644	0.0011rise	0.14% rise
AUD/EUR	0.7067	0.7065	0.0007rise	0.10% rise
Updated: March 29, 2017 - 11:40AM

Volatility S&P;/ASX 200 VIX

Price: 11.72

Change in: -0.5490fall
Percentage up/down: (-4.47%) fall

Today's market compared to previous close

Turnover
Sector	Turnover ($AU)	Volume	Trades
Market total	1,521,877,444	886,521,460	287,394
Industrial	1,218,095,797	282,705,178	232,413
Mining	275,670,247	603,620,859	52,308

Last updated: March 29, 2017 - 11:48AM

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
ESE	ESENSE-LAB LTD	0.570rise	0.430	0.295
TLG	TALGA RESOURCES	0.510rise	0.410	0.435
MMJ	MMJ PHYTOTECH LTD	0.830rise	0.670	0.365
AFR	AFRICAN ENERGY RES	0.064rise	0.054	0.045
AMO	AMBERTECH LIMITED	0.200rise	0.170	0.160
FXJ	FAIRFAX MEDIA LTD	1.145rise	1.030	0.960
GTK	GENTRACK GROUP LTD	3.760rise	3.400	3.300
MDC	MEDLAB CLINICAL LTD	0.960rise	0.900	0.845
KGL	KGL RESOURCES LTD	0.450rise	0.425	0.315
SOL	SOUL PATTINSON (W.H)	18.160rise	17.540	16.750
Updated: March 29, 2017 - 11:48AM

Code	Name	New Lows	Last Week	Last Month
KTA	KRAKATOA RESOURCES	0.064fall	0.210	0.210
MJP	MARTIN AIRCRAFT LTD	0.110fall	0.125	0.130
YOW	YOWIE GROUP	0.380fall	0.425	0.425
HFR	HIGHFIELD RES LTD	0.850fall	0.935	1.000
SBB	SUNBRIDGE GROUP LTD	0.012fall	0.013	0.014
YPB	YPB GROUP LTD	0.125fall	0.135	0.155
SRY	STORY-I LIMITED	0.043fall	0.046	0.046
MZZ	MATADOR MINING LTD	0.225fall	0.240	0.000
ALF	AUSTRALIAN LEADERS	1.270fall	1.345	1.290
NRT	NOVOGEN LIMITED	0.067fall	0.069	0.081
Updated: March 29, 2017 - 11:48AM

Upcoming IPOs
Company	Security Code	Float date	Issue $
Visioneering Technologies, Inc.	CTI	27/03/2017	0.42
De.mem Limited	DEM	21/03/2017	0.20
G Medical Innovations Holdings Limited	GMV	31/03/2017	0.20
Magmatic Resources Limited	MAG	24/03/2017	0.20
Morphic Ethical Equities Fund Limited	MEC	03/05/2017	1.10
Mobilicom Limited	MOB	05/05/2017	0.20
Moelis Australia Pty Ltd	MOE	10/04/2017	2.35
Retech Technology., Co Limited	RTE	20/04/2017	0.50
Scout Security Limited	SCT	21/04/2017	0.20
Tinybeans Group Pty Ltd	TNY	31/03/2017	1.00
Todd River Resources Limited	TRT	24/03/2017	0.20
URB Investments Limited	URB	07/04/2017	1.10

Targeting superfluous super

Superannuation

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