Markets Live: ASX on back foot
Shares are wobbling in early trade as buying in the banks offsets a more downbeat general mood, as investors wade through a number of corporate updates.
Shares are wobbling in early trade as buying in the banks offsets a more downbeat general mood, as investors wade through a number of corporate updates.
US President Donald Trump has confirmed he wants to cut the corporate tax rate to 15 per cent, but overnight investors largely shrugged off the news because of the lack of detail.
Obama should be praised, for two reasons: first, for dismissing that there is something inherently corrupt about delivering a paid speech; and second, for recognising that communication between finance and centrist politics remains important.
The biggest copper producers are sounding the alarm on mounting supply troubles.
​US crude oil inventories fell sharply and stockpiles of gasoline jumped last week as refiners hiked production rates.
​The European Central Bank is set to keep policy unchanged on Thursday but may acknowledge better growth prospects.
The feeling on the trading floors around the anticipated Trump tax plans is certainly one of being underwhelmed, but then should we really have expected anything so punchy that it really moved the dial?
Equities retreated from highs on Wednesday after a US tax plan disappointed, while the Canadian dollar and Mexican peso weakened against the greenback on the possibility of a US withdrawal from the North American Free Trade Agreement.
Shares are wobbling in early trade as buying in the banks offsets a more downbeat general mood, as investors wade through a number of corporate updates.
China's steel futures climbed amid unconfirmed market talk of production curbs in cities surrounding Beijing.
China is considering special import duties on sugar as part of an anti-dumping probe, a potential win for domestic producers.
The chief strategist for Canada at BlackRock, the world's largest money manager, doesn't see a single attractive sector in the local stock market.
Saudi Arabia is losing market share to Iraq and Iran as a result of OPEC's agreement to curb supplies to bolster prices.
French presidential candidate Marine Le Pen sought to soften her position on Europe, and her plans for the euro if elected.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.7488 | 0.7484 | 0.0012rise | 0.16% rise |
AUD/EUR | 0.6867 | 0.6862 | 0.0010rise | 0.15% rise |
Updated: April 27, 2017 - 3:10PM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 3,427,464,127 | 1,303,813,030 | 854,403 |
Industrial | 2,521,640,284 | 563,539,284 | 674,490 |
Mining | 683,730,417 | 739,362,640 | 172,068 |
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 |
---|---|---|---|---|
BIG | BIG UN LTD | 0.660rise | 0.560 | 0.465 |
MSB | MESOBLAST LIMITED | 3.440rise | 3.010 | 2.500 |
HML | HENRY MORGAN LIMITED | 1.880rise | 1.710 | 1.710 |
A2M | THE A2 MILK COMPANY | 3.295rise | 3.040 | 2.760 |
SPI | SPITFIRE MAT LTD | 0.130rise | 0.120 | 0.090 |
MSI | MULTISTACK INTERNAT. | 0.030rise | 0.028 | 0.013 |
API | AUSTRALIAN PHARM. | 2.220rise | 2.080 | 2.100 |
AVZ | AVZ MINERALS LTD | 0.037rise | 0.035 | 0.032 |
MQG | MACQUARIE GROUP LTD | 92.470rise | 87.860 | 90.930 |
QAN | QANTAS AIRWAYS | 4.200rise | 4.005 | 4.020 |
Updated: April 27, 2017 - 3:14PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
4WD | AUTO SOLUTIONS LTD | 0.250fall | 0.765 | 0.820 |
RAN | RANGE INTERNATIONAL | 0.555fall | 1.060 | 1.050 |
ASP | ASPERMONT LIMITED. | 0.006fall | 0.010 | 0.007 |
MEM | MEMPHASYS LTD | 0.002fall | 0.003 | 0.003 |
TEN | TEN NETWORK HOLDINGS | 0.350fall | 0.452 | 0.520 |
TB8 | TIANMEI BG CORP LTD | 0.095fall | 0.120 | 0.120 |
LTR | LIONTOWN RESOURCES | 0.011fall | 0.013 | 0.020 |
NDO | NIDO PETROLEUM | 0.030fall | 0.035 | 0.040 |
COO | CORUM GROUP LIMITED | 0.044fall | 0.051 | 0.049 |
RFN | REFFIND LIMITED | 0.023fall | 0.026 | 0.034 |
Updated: April 27, 2017 - 3:13PM |
Company | Security Code | Float date | Issue $ |
---|---|---|---|
Visioneering Technologies, Inc. | CTI | 27/03/2017 | 0.42 |
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 |
Retech Technology., Co Limited | RTE | 20/04/2017 | 0.50 |
Scout Security Limited | SCT | 21/04/2017 | 0.20 |
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