Business

Movers

Iron ore's accelerating rout

"Only much lower prices will shake out excess capacity," said Richard Knights, a London-based analyst at Liberum ...

Iron ore's tough week has opened up a pathway for benchmark spot prices to drop back into the $US50s a tonne range.

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The 6000-point level remains as elusive as ever.

Sell in May: Miners, banks lead the way

A hefty slide in commodity prices as well as an abrupt end to the banking rally dashed hopes the benchmark index might scale the elusive 6000-point mark anytime soon.

President Donald Trump

8@eight: Trump trade resurfaces

The local sharemarket is set to drift lower at the open, following global markets down as investor caution returned.

Currencies

Wholesale Interbank Rates
Currencies Buys ($AU1) Sells ($AU1) $ Mvmt % Mvmt
AUD/USD 0.7425 0.7418 0.0011rise 0.15% rise
AUD/EUR 0.6754 0.6744 0.0000steady 0.00% steady
Updated: May 6, 2017 - 7:00AM

Market Details

Volatility S&P;/ASX 200 VIX
Price
12.27
Change in
0.3060rise
Percentage up/down
(2.56%) rise
Today's market compared to previous close
Turnover
Sector Turnover ($AU) Volume Trades
Market total 5,932,191,597 1,985,818,770 1,227,925
Industrial 4,668,796,911 875,905,391 995,033
Mining 1,227,028,128 1,109,345,004 228,107
Last updated: May 5, 2017 - 5:55PM

ASX - 52 Weeks Highs

Code Name New Highs Last Week Last Month
ENX ENEGEX LIMITED 0.020rise 0.011 0.011
KRL KANGAROO RES LTD 0.039rise 0.025 0.025
KEY KEY PETROLEUM 0.008rise 0.006 0.007
AFR AFRICAN ENERGY RES 0.065rise 0.053 0.053
CTD CORP TRAVEL LIMITED 23.870rise 20.870 20.870
BIG BIG UN LTD 0.745rise 0.660 0.660
DNA DONACO INTERNATIONAL 0.550rise 0.500 0.505
QAN QANTAS AIRWAYS 4.550rise 4.245 4.245
ALL ARISTOCRAT LEISURE 21.120rise 19.880 19.880
IBC IRONBARK CAPITAL LTD 0.520rise 0.490 0.500
Updated: May 5, 2017 - 6:50PM

ASX - 52 Weeks Lows

Code Name New Lows Last Week Last Month
AYM AUSTRALIA UNITED MIN 0.001fall 0.004 0.004
SBI STERLING PLANTATIONS 0.008fall 0.018 0.018
SRN SUREFIRE RESCS NL 0.001fall 0.002 0.001
MXR MAXIMUS RESOURCES 0.001fall 0.002 0.002
PGY PILOT ENERGY LTD 0.001fall 0.002 0.001
MRG MURRAY RIVER GRP 0.560fall 1.100 1.100
EMX ENERGIA MINERALS LTD 0.020fall 0.039 0.038
CLY CLANCY EXPLORATION 0.002fall 0.003 0.002
IVX INVION LTD 0.002fall 0.003 0.002
TSN TRANSACTION LTD 0.011fall 0.016 0.016
Updated: May 5, 2017 - 4:11PM

Floats & IPOs

Upcoming IPOs
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