Markets Live: Resources prop up ASX
Strong gains in miners and energy stocks aren't enough to offset losses in the banks and another bad day for Telstra.
Strong gains in miners and energy stocks aren't enough to offset losses in the banks and another bad day for Telstra.
The much-battered Navitas is enjoying some good news, having been nominated as one of the few companies singled out for counter-consensus outperform calls from equity strategists.
A bond rally is likely to continue with yields on 10-year Treasuries poised to slide below 2 per cent, says Jeffrey Gundlach.
The local sharemarket is set to open higher as the ASX continues to eye off the 6000-point mark.
Despite a historic reluctance to embrace dividends, China has emerged as one of the best dividend trades this year.
Oil prices rose, supported by an unplanned outage in the North Sea and expectations of a drawdown in US crude inventories.
Richmond Fed boss Jeffrey Lacker quits for disclosing information related to the US central bank's deliberations in 2012.
The sharemarket closed slightly lower, with Westpac the single biggest drag on the benchmark index, while the Aussie dollar fell top a three-week low.
Strong gains in miners and energy stocks aren't enough to offset losses in the banks and another bad day for Telstra.
The spot price of iron ore has extended its retreat, amid unrelenting negative sentiment about inventories and demand.
Veteran emerging markets investor Mark Mobius says Asian business people are less vexed about Donald Trump than their Western counterparts.
​S&P; cut South Africa to junk status, saying the firing of its respected finance minister heralded a damaging policy shift.
The local sharemarket is due to open lower as global markets drifted overnight while the Reserve Bank interest rate decision drops this afternoon.
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 | 0.7568 | 0.7564 | 0.0001rise | 0.01% rise |
AUD/EUR | 0.7091 | 0.7086 | 0.0001rise | 0.01% rise |
Updated: April 5, 2017 - 3:10PM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 3,093,378,583 | 1,485,450,585 | 828,490 |
Industrial | 2,238,563,485 | 657,399,342 | 666,586 |
Mining | 813,190,216 | 827,758,648 | 158,574 |
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 |
---|---|---|---|---|
BLT | BENITEC BIOPHARMA | 0.280rise | 0.175 | 0.195 |
OIL | OPTISCAN IMAGING | 0.100rise | 0.071 | 0.071 |
PEX | PEEL MINING LIMITED | 0.260rise | 0.195 | 0.225 |
APC | AUST POTASH LTD | 0.155rise | 0.125 | 0.135 |
OPT | OPTHEA LIMITED | 1.120rise | 0.940 | 1.000 |
AAR | ANGLO AUSTRALIAN | 0.038rise | 0.032 | 0.036 |
ZLD | ZELDA THERAPEUTICS | 0.120rise | 0.105 | 0.105 |
GSC | GLOBAL GEOSCIENCE | 0.170rise | 0.150 | 0.155 |
TLG | TALGA RESOURCES | 0.610rise | 0.550 | 0.550 |
CDD | CARDNO LIMITED | 1.440rise | 1.310 | 1.310 |
Updated: April 5, 2017 - 3:14PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
UNS | UNILIFE CORPORATION | 0.003fall | 0.036 | 0.035 |
BLY | BOART LONGYEAR | 0.048fall | 0.081 | 0.081 |
NOR | NORWOOD SYSTEMS LTD. | 0.017fall | 0.022 | 0.020 |
OVN | OVENTUS MEDICAL LTD | 0.480fall | 0.620 | 0.615 |
RNY | RNY PROPERTY TRUST | 0.031fall | 0.040 | 0.040 |
UTR | ULTRACHARGE LTD | 0.024fall | 0.030 | 0.028 |
ENZ | ENZUMO LIMITED | 0.081fall | 0.093 | 0.090 |
NDO | NIDO PETROLEUM | 0.035fall | 0.040 | 0.040 |
EGO | EMPIRE OIL & GAS | 0.190fall | 0.215 | 0.210 |
CGN | CRATER GOLD MIN LTD | 0.025fall | 0.028 | 0.028 |
Updated: April 5, 2017 - 3:12PM |
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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