Markets Live: ASX zigs then zags
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Shares manage a mid-afternoon rally that erases earlier losses despite the weight of selling in the miners, while Healthscope drops on news of a new CEO.
Shares manage a mid-afternoon rally that erases earlier losses despite the weight of selling in the miners, while Healthscope drops on news of a new CEO.
The ASX recovered early losses to end the session narrowly in the black, holding on to last week's gains.
Valuations, earnings growth outside of resources and unusually low volatility are some of the ASX200's key hurdles in the second quarter.
Aurizon has warned that Cyclone Debbie will hit earnings for fiscal 2017, with rail links in central Queensland to be closed for weeks
A flat start in store for the local sharemarket as the second quarter of the year kicks off.
The trade-off of tougher lending standards is greater financial stability in Australia, which bank investors welcome.
Little more than a day after coal shipments recommenced on part of Queensland's extensive coal railway network, flooding forced the shutdown of operations on the Blackwater coal rail system.
Stocks in the US and around the world ended a strong first quarter with a whimper amid political and economic uncertainty.
Shares manage a mid-afternoon rally that erases earlier losses despite the weight of selling in the miners, while Healthscope drops on news of a new CEO.
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.
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 | 0.7606 | 0.7602 | -0.0026fall | -0.34% fall |
AUD/EUR | 0.7126 | 0.7121 | -0.0022fall | -0.31% fall |
Updated: April 3, 2017 - 5:09PM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 3,718,640,250 | 1,733,746,511 | 904,078 |
Industrial | 2,956,155,213 | 710,396,101 | 737,813 |
Mining | 736,341,934 | 1,022,967,652 | 162,872 |
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 |
---|---|---|---|---|
CEL | CHALLENGER ENERGY | 0.057rise | 0.026 | 0.026 |
BDA | BOD AUSTRALIA | 0.350rise | 0.230 | 0.240 |
PRL | PETREL ENERGY LTD | 0.035rise | 0.026 | 0.027 |
WRG | WATER RES GRP LTD | 0.004rise | 0.003 | 0.003 |
AYM | AUSTRALIA UNITED MIN | 0.004rise | 0.003 | 0.003 |
CHZ | CHESSER RESOURCES | 0.060rise | 0.050 | 0.050 |
MRV | MORETON RESOURCES | 0.007rise | 0.006 | 0.006 |
APC | AUST POTASH LTD | 0.145rise | 0.125 | 0.135 |
TEG | TRIANGLE ENERGY LTD | 0.047rise | 0.042 | 0.042 |
GBX | GB ENERGY LIMITED | 0.013rise | 0.012 | 0.012 |
Updated: April 3, 2017 - 4:14PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
PCL | PANCONTINENTAL OIL | 0.002fall | 0.003 | 0.003 |
BLY | BOART LONGYEAR | 0.056fall | 0.081 | 0.081 |
ENZ | ENZUMO LIMITED | 0.085fall | 0.093 | 0.090 |
TFG | TOTAL FACE GROUP LTD | 0.180fall | 0.195 | 0.190 |
PWN | PARKWAY MINLS NL | 0.015fall | 0.016 | 0.016 |
VIF | VD INT (HEDGED) ETF | 48.970fall | 51.840 | 51.370 |
VCF | VD INT CRD SEC ETF | 49.500fall | 51.520 | 51.020 |
M7T | MACH7 TECH LIMITED | 0.270fall | 0.280 | 0.280 |
CGN | CRATER GOLD MIN LTD | 0.027fall | 0.028 | 0.028 |
ADO | ANTEO DIAGNOSTICS | 0.032fall | 0.033 | 0.033 |
Updated: April 3, 2017 - 4:13PM |
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 |
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