Markets Live: ASX's best week of 2017
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A last-minute slump isn't enough to prevent the ASX from notching up its best weekly gains in four months, with banks driving most of the gains.
A last-minute slump isn't enough to prevent the ASX from notching up its best weekly gains in four months, with banks driving most of the gains.
Stocks in the US and around the world ended a strong first quarter with a whimper amid political and economic uncertainty.
While shorting had long been a reality of how sophisticated investors play the market in Australia, it has of late turned brasher, louder, and far more aggressive.
Oil prices fell after another rise in the US rig count signalled yet a higher hurdle in efforts to pare the global glut.
Some of China's ports are demolishing old buildings to create more storage space, trading sources said.
Credit Suisse faces a sweeping tax evasion and money laundering investigation spanning five countries including Australia.
South African bank stocks tumbled and bonds plunged after the firing of Finance Minister Pravin Gordhan.
Banks helped power the Australian sharemarket to a weekly gain of 1.9 per cent, its biggest this year.
A last-minute slump isn't enough to prevent the ASX from notching up its best weekly gains in four months, with banks driving most of the gains.
Slater and Gordon has launched a buyback of a small parcel of employee-owned shares after being given the green light by its new bankers.Â
Risks to both US economic growth and inflation are gradually shifting "to the upside", said New York Fed boss William Dudley.
JPMorgan is in talks to buy a Dublin office building as the bank considers expanding in the Irish capital ahead of Brexit.
It should be an interesting day and the prospect of unpredictable flows in the FX, bond and equity markets is high as we head into the last day of the month and more importantly quarter-end.
The US dollar rose to a two-week high overnight on technical trading and strong economic data. The $A dipped.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.7629 | 0.7628 | -0.0012fall | -0.16% fall |
AUD/EUR | 0.7164 | 0.7159 | 0.0000steady | 0.00% steady |
Updated: April 1, 2017 - 8:00AM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 6,204,463,058 | 2,061,693,257 | 836,360 |
Industrial | 4,875,227,103 | 881,626,440 | 680,620 |
Mining | 1,308,635,663 | 1,179,659,476 | 151,129 |
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 |
---|---|---|---|---|
CRL | COMET RESOURCES | 0.060rise | 0.039 | 0.032 |
MDX | MINDAX LIMITED | 0.013rise | 0.010 | 0.008 |
IRD | IRON ROAD LTD | 0.295rise | 0.230 | 0.180 |
TZN | TERRAMIN AUSTRALIA. | 0.195rise | 0.155 | 0.160 |
TAW | TAWANA RESOURCES NL | 0.245rise | 0.195 | 0.165 |
FEL | FE LIMITED | 0.038rise | 0.031 | 0.032 |
EMH | EUROPEAN METALS HLDG | 1.325rise | 1.110 | 1.295 |
KEY | KEY PETROLEUM | 0.007rise | 0.006 | 0.005 |
IDA | INDIANA RESOURCES | 0.150rise | 0.130 | 0.092 |
PNL | PARINGA RESOURCES | 0.660rise | 0.575 | 0.590 |
Updated: March 31, 2017 - 6:50PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
AGE | ALLIGATOR ENERGY | 0.010fall | 0.014 | 0.016 |
LGR | LANKA GRAPHITE LTD | 0.050fall | 0.070 | 0.055 |
MJP | MARTIN AIRCRAFT LTD | 0.096fall | 0.125 | 0.130 |
8CO | 8COMMON LIMITED | 0.041fall | 0.053 | 0.105 |
ABT | ABUNDANT PRODUCE LTD | 0.430fall | 0.520 | 0.500 |
TGA | THORN GROUP LIMITED | 1.260fall | 1.500 | 1.460 |
TZL | TZ LIMITED | 0.035fall | 0.041 | 0.045 |
PSY | PANORAMA SYNERGY LTD | 0.041fall | 0.046 | 0.044 |
BTH | BIGTINCAN HLDGS LTD | 0.215fall | 0.240 | 0.000 |
SKS | STOKES LTD | 0.300fall | 0.330 | 0.300 |
Updated: March 31, 2017 - 6:50PM |
Company | Security Code | Float date | Issue $ |
---|---|---|---|
Bigtincan Holdings Limited | BTH | 24/03/2017 | 0.26 |
Visioneering Technologies, Inc. | CTI | 27/03/2017 | 0.42 |
De.mem Limited | DEM | 21/03/2017 | 0.20 |
Fat Prophets Global Contrarian Fund Limited | FPC | 22/03/2017 | 1.10 |
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 |
Marquee Resources Limited | MQR | 15/03/2017 | 0.20 |
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 |
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