Markets Live: NAB gains as ASX retreats
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Shares drop again after a well received NAB earnings update has failed to stop selling in the other banks and as falling metals hit the miners.
Shares drop again after a well received NAB earnings update has failed to stop selling in the other banks and as falling metals hit the miners.
Copper fell to five-months lows , posting its biggest two-day loss since July 2015, on rising inventories.
​Oil prices collapsed to their lowest since late November amid rising investor worries about a persistent global glut.
Iron ore is in full-scale retreat, with futures in China plunging to end limit-down on investor concern about demand.
The local sharemarket fell for a third straight session after a plunge in Chinese iron ore futures drove miners lower.
The local sharemarket is set to drift lower at the open, following global markets down as investor caution returned.
The Australian dollar plunged overnight, caught by a hawkish Fed and sudden sharp selling in copper and iron ore.
Tesla assured investors its highly anticipated Model 3 sedan is on track to begin production.
Federal Reserve officials remained on track to gradually tighten monetary policy after leaving interest rates unchanged.
Investors have savaged Vocus Group after it unveiled its second profit downgrade in seven months.
Claudio Borio's work with Philip Lowe 15 years ago may tell us whether the RBA governor will ultimately hike rates to tame a housing bubble.
The ASX's seemingly relentless rise towards the elusive 6000-point threshold suffered a setback on Wednesday after heavy selling in the big banks.
The Australian dollar plunged overnight, caught by a hawkish Fed and sudden sharp selling in copper and iron ore.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.741 | 0.7407 | -0.0014fall | -0.19% fall |
AUD/EUR | 0.6746 | 0.6744 | -0.0072fall | -1.07% fall |
Updated: May 5, 2017 - 7:00AM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 5,646,818,479 | 1,859,331,122 | 1,230,585 |
Industrial | 4,560,315,044 | 829,354,724 | 1,004,500 |
Mining | 1,008,471,979 | 1,029,574,441 | 222,153 |
Code | Name | New Highs | Last Week | Last Month |
---|---|---|---|---|
PHK | PHOSLOCK WATER | 0.180rise | 0.115 | 0.125 |
MRV | MORETON RESOURCES | 0.014rise | 0.009 | 0.009 |
IRD | IRON ROAD LTD | 0.320rise | 0.250 | 0.285 |
AVZ | AVZ MINERALS LTD | 0.047rise | 0.038 | 0.038 |
AFR | AFRICAN ENERGY RES | 0.065rise | 0.053 | 0.053 |
KEY | KEY PETROLEUM | 0.007rise | 0.006 | 0.007 |
ENT | ENTERPRISE METALS | 0.023rise | 0.020 | 0.022 |
PAC | PACIFIC GRP LTD | 5.940rise | 5.190 | 5.190 |
WTC | WISETECH GLOBAL LTD | 6.700rise | 5.890 | 5.890 |
SM1 | SYNLAIT MILK LTD | 3.700rise | 3.300 | 3.300 |
Updated: May 4, 2017 - 6:50PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
BML | BOTSWANA METALS LTD | 0.001fall | 0.002 | 0.002 |
SRN | SUREFIRE RESCS NL | 0.001fall | 0.002 | 0.001 |
EMX | ENERGIA MINERALS LTD | 0.020fall | 0.039 | 0.038 |
IVX | INVION LTD | 0.002fall | 0.003 | 0.002 |
SXA | STRATA-X ENERGY LTD | 0.034fall | 0.043 | 0.039 |
ADA | ADACEL TECHNOLOGIES | 1.910fall | 2.400 | 2.300 |
AYR | ALLOY RESOURCES | 0.004fall | 0.005 | 0.005 |
E2M | E2 METALS | 0.120fall | 0.150 | 0.120 |
RBR | RBR GROUP LTD | 0.004fall | 0.005 | 0.005 |
XPE | XPED LIMITED | 0.013fall | 0.016 | 0.016 |
Updated: May 4, 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 |
Big River Industries Limited | BRI | 01/05/2017 | 1.46 |
Eagle Health Holdings Limited | EHH | 29/06/2017 | 0.40 |
Elsight Limited | ELS | 19/05/2017 | 0.20 |
Morphic Ethical Equities Fund Limited | MEC | 03/05/2017 | 1.10 |
Manuka Resources Ltd | MKR | 17/05/2017 | 0.20 |
Mobilicom Limited | MOB | 02/05/2017 | 0.20 |
MSL Solutions Limited | MPW | 04/05/2017 | 0.25 |
Takor Group Ltd | TKO | 15/05/2017 | 0.20 |
UUV Aquabotix Ltd | UUV | 28/04/2017 | 0.20 |
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