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Markets Live: Investors cheer France

Campaign buttons for Emmanuel Macron, French presidential candidate who is now expected to be the country's next leader.

ASX starts the week on the front foot after France's first round of presidential polling produces a market-friendly result, which helped push the euro to a five-month high.

Euro surges near 2 per cent

The currency was 2 per cent higher at $US1.0929 as trading this week began shortly after 8pm in London (5am AEST).

The euro surged higher after early results showed Emmanuel Macron and Marine Le Pen will battle for the French presidency.

Trump's tax plan rekindles reflation trade

Investors have overreacted to the slow movements emanating from the US administration.

Bets inflation will pick up have slowed, showing investors are skeptical the US administration can boost economic growth. But markets are looking to tax reform to keep the trade alive.

Wall St dips, up on week

For the week, the Dow rose 0.5 per cent, the S&P gained 0.8 per cent and the Nasdaq advanced 1.8 per cent in what was ...

US stocks dipped on Friday as investors were cautious ahead of the first round of the French presidential election.

Oil below $US50 in New York

Goldman Sachs said there's no fundamental evidence to justify this week's selloff in oil prices.

Oil dropped below $US50 a barrel as investors lost faith that an extension of OPEC-led supply cuts will ease a global glut.

Market Activity

  • Advances
    Price
    230.00
    Percentage up/down
    48.83% rise
  • Declines
    Price
    182.00
    Percentage up/down
    38.64% fall
  • Unchanged
    Price
    59.00
    Percentage up/down
    12.53% steady
Last updated:

Markets Live: Investors cheer France

ASX starts the week on the front foot after France's first round of presidential polling produces a market-friendly result, which helped push the euro to a five-month high.

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Currencies

The currency was 2 per cent higher at $US1.0929 as trading this week began shortly after 8pm in London (5am AEST).

Euro surges near 2 per cent

The euro surged higher after early results showed Emmanuel Macron and Marine Le Pen will battle for the French presidency.

Wholesale Interbank Rates
Currencies Buys ($AU1) Sells ($AU1) $ Mvmt % Mvmt
AUD/USD 0.7558 0.7557 0.0015rise 0.20% rise
AUD/EUR 0.6972 0.6969 -0.0061fall -0.87% fall
Updated: April 24, 2017 - 1:19PM

Market Details

Volatility S&P;/ASX 200 VIX
Price
13.34
Change in
-0.5820fall
Percentage up/down
(-4.18%) fall
Today's market compared to previous close
Turnover
Sector Turnover ($AU) Volume Trades
Market total 1,810,433,692 927,809,823 550,037
Industrial 1,386,250,081 328,875,465 447,664
Mining 393,867,039 598,635,566 99,255
Last updated: April 24, 2017 - 1:26PM

Insider Tips

ASX - 52 Weeks Highs

Code Name New Highs Last Week Last Month
AQX ALICE QUEEN LTD 0.056rise 0.050 0.047
OXX OCTANEX LTD 0.060rise 0.055 0.048
IMC IMMURON LIMITED 0.510rise 0.480 0.435
SE1 SENSERA LTD 0.470rise 0.450 0.380
KRL KANGAROO RES LTD 0.024rise 0.023 0.012
IEU ISHS EUROPE ETF 57.710rise 55.450 55.310
BIG BIG UN LTD 0.575rise 0.560 0.465
ILU ILUKA RESOURCES 8.940rise 8.710 7.650
UBE UBS IQ MSCI EUROPE 20.130rise 19.810 19.450
IOO ISHS GLOBAL 100 ETF 109.150rise 107.800 108.490
Updated: April 24, 2017 - 1:26PM

ASX - 52 Weeks Highs

Code Name New Lows Last Week Last Month
ACS ACCENT RESOURCES NL 0.030fall 0.055 0.055
MTL MANALTO LTD 0.015fall 0.017 0.019
MCT METALICITY LIMITED 0.044fall 0.046 0.051
M7T MACH7 TECH LIMITED 0.260fall 0.270 0.280
RTG RTG MINING INC. 0.150fall 0.155 0.170
ADH ADAIRS LIMITED 0.890fall 0.915 1.080
IDZ INDOOR SKYDIVE AUST 0.300fall 0.305 0.330
BYI BEYOND INTERNATIONAL 0.975fall 0.990 0.980
HVN HARVEY NORMAN 4.090fall 4.135 4.260
TEN TEN NETWORK HOLDINGS 0.450fall 0.452 0.520
Updated: April 24, 2017 - 1:26PM