Markets Live: ASX enjoys budget boost
A broad ASX rally overcame more losses in the big banks, as investors reacted positively to last night's pro-growth Federal budget.
A broad ASX rally overcame more losses in the big banks, as investors reacted positively to last night's pro-growth Federal budget.
Greek stocks advanced, outperforming broadly flat European markets as Athens looked set to clinch vital bailout loans.
China is serious about cutting millions of tonnes of excess steel capacity but that will not mean lower production.
​Sterling hit a three-week high versus the euro and hovered just below $US1.30 as investors reined in more of their negative bets.
US soybean ending stocks were seen rising to an 11-year high in the 2017/18 crop year following another bumper harvest.
Testifying in court, former colleagues said the bank retroactively condemned information sharing that before the foreign-exchange scandal had been encouraged and rewarded.
The Australian dollar may soon fall below US73¢, caught in a downdraft of weakening commodity prices and US rate hike bets.
A broad ASX rally overwhelmed losses in the big banks, as investors reacted positively to Tuesday night's pro-growth federal budget.
Concerns that the home building boom may have peaked saw shares in CSR sink on Wednesday.
The political pressure on the banking pressure means Australia's big four banks may have no choice but to pass on the impact of an 0.06 per cent tax on liabilities to investors.
Banks are one of the biggest losers of the federal budget, but most of the damage to their shares is already done. Other winners and losers.
Bitcoin hit a record high overnight on the creation of new tokens to raise funding for start-ups using blockchain technology.
​Sterling hit a three-week high versus the euro and hovered just below $US1.30 as investors reined in more of their negative bets.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.7363 | 0.7362 | 0.0018rise | 0.25% rise |
AUD/EUR | 0.6776 | 0.6775 | 0.0023rise | 0.34% rise |
Updated: May 11, 2017 - 5:50AM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 6,676,263,654 | 1,966,901,499 | 1,388,017 |
Industrial | 5,550,134,879 | 912,866,395 | 1,171,503 |
Mining | 1,090,005,057 | 1,053,551,935 | 212,120 |
Code | Name | New Highs | Last Week | Last Month |
---|---|---|---|---|
BOC | BOUGAINVILLE COPPER | 0.315rise | 0.240 | 0.200 |
CLL | COLLERINA COBALT | 0.025rise | 0.020 | 0.021 |
BUX | BUXTON RESOURCES LTD | 0.295rise | 0.255 | 0.250 |
PRT | PRIME MEDIA GRP LTD | 0.355rise | 0.310 | 0.315 |
UUL | ULTIMA UTD LTD | 0.050rise | 0.044 | 0.044 |
KIN | KIN MIN NL | 0.450rise | 0.400 | 0.405 |
ACK | AUSTOCK GROUP LTD | 0.750rise | 0.680 | 0.610 |
ITD | ITL LIMITED | 0.660rise | 0.605 | 0.620 |
PYC | PHYLOGICA LIMITED | 0.050rise | 0.046 | 0.046 |
CDD | CARDNO LIMITED | 1.495rise | 1.380 | 1.440 |
Updated: May 10, 2017 - 6:50PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
QIN | QUINTIS LTD | 0.585fall | 1.040 | 1.045 |
MGZ | MEDIGARD LIMITED | 0.020fall | 0.032 | 0.030 |
IDZ | INDOOR SKYDIVE AUST | 0.190fall | 0.300 | 0.300 |
HMO | HEARMEOUT LTD | 0.090fall | 0.125 | 0.130 |
SGU | SUCCESS GLOBAL MEDIA | 0.034fall | 0.045 | 0.045 |
TB8 | TIANMEI BG CORP LTD | 0.080fall | 0.100 | 0.095 |
MTH | MITHRIL RESOURCES | 0.004fall | 0.005 | 0.005 |
CVT | COVATA LTD | 0.028fall | 0.035 | 0.035 |
DTS | DRAGONTAIL SYSTEMS | 0.190fall | 0.230 | 0.215 |
MTB | MOUNT BURGESS MINING | 0.005fall | 0.006 | 0.006 |
Updated: May 10, 2017 - 6:50PM |
Company | Security Code | Float date | Issue $ |
---|---|---|---|
Alderan Resources Limited | AL8 | 29/05/2017 | 0.20 |
Biomics Biopharma Limited | BBM, | 02/06/2017 | 0.20 |
Benjamin Hornigold Limited | BHD | 10/05/2017 | 1.00 |
Bingo Industries Limited | BIN | 03/05/2017 | 1.80 |
Eagle Health Holdings Limited | EHH | 29/06/2017 | 0.40 |
Elsight Limited | ELS | 19/05/2017 | 0.20 |
Manuka Resources Ltd | MKR | 17/05/2017 | 0.20 |
MSL Solutions Limited | MPW | 04/05/2017 | 0.25 |
Oceania Healthcare Limited | OCA | 05/05/2017 | 0.79 |
Takor Group Ltd | TKO | 15/05/2017 | 0.20 |