Markets Live: ANZ 'corrects' as banks plunge
A softish trading update by CBA combined with talk of a new levy on banks has completely soured the mood for the big four.
A softish trading update by CBA combined with talk of a new levy on banks has completely soured the mood for the big four.
The local sharemarket is set to drift lower at the open, following global markets down as investor caution returned.
Home Capital Group, facing a run on deposits, suspended its dividend and added two former fund executives to its board.
For anyone nourished on volatility, the famine in global markets is worsening.
A former Nomura Holdings bond trader said he was trained to lie to customers shortly after coming to the company.
Before West Texas Intermediate crude nosedived on Thursday, money managers slashed bets on rising prices by 20 per cent.
The euro fell from six-month highs against the US dollar overnight after Emmanuel Macron's French election victory.
​Copper slid to a four-month low overnight after data showed a drop in imports into China, the world's biggest consumer.
Iron ore's attempt at a rebound lasted just a few short hours as investor concern over robust supplies returned.
Shares rebounded off last week's losses led by commodity plays, as the oil market steadied and investors pushed back into banks.
While European stocks have already risen strongly in recent weeks, most believe further the region still provides an opportunity for significant gains following the French election.
Media stocks have rocketed higher on Monday as investors digest the possibility of a change in media laws and private equity makes an offer for Fairfax Media.
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 | 0.737 | 0.7366 | -0.0020fall | -0.27% fall |
AUD/EUR | 0.6744 | 0.6738 | -0.0022fall | -0.33% fall |
Updated: May 9, 2017 - 12:10PM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 2,092,036,047 | 784,938,078 | 506,230 |
Industrial | 1,700,078,053 | 318,640,917 | 428,274 |
Mining | 375,832,261 | 466,130,437 | 75,997 |
Code | Name | New Highs | Last Week | Last Month |
---|---|---|---|---|
ZNO | ZOONO GROUP LTD | 0.240rise | 0.042 | 0.042 |
PYC | PHYLOGICA LIMITED | 0.049rise | 0.046 | 0.046 |
MSP | MAXSEC GROUP LTD | 0.036rise | 0.034 | 0.033 |
KRL | KANGAROO RES LTD | 0.041rise | 0.039 | 0.025 |
PHI | PHILEO AUSTRALIA | 9.600rise | 9.160 | 8.980 |
AFR | AFRICAN ENERGY RES | 0.068rise | 0.065 | 0.053 |
QAN | QANTAS AIRWAYS | 4.750rise | 4.550 | 4.245 |
RIC | RIDLEY CORPORATION | 1.500rise | 1.455 | 1.455 |
IKO | ISHS MSCI SKOREA ETF | 88.160rise | 85.810 | 84.110 |
ORG | ORIGIN ENERGY | 7.785rise | 7.620 | 7.565 |
Updated: May 9, 2017 - 12:13PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
FCR | FERRUM CRESCENT LTD | 0.001fall | 0.002 | 0.002 |
BUY | BOUNTY OIL & GAS NL | 0.005fall | 0.007 | 0.007 |
CTL | CENTENNIAL MNG LTD | 0.012fall | 0.016 | 0.013 |
SVT | SERVTECH GLOBAL LTD | 0.110fall | 0.135 | 0.140 |
WEC | WHITE ENERGY COMPANY | 0.026fall | 0.031 | 0.040 |
CVT | COVATA LTD | 0.030fall | 0.035 | 0.035 |
KAI | KAIROS MINERALS LTD | 0.021fall | 0.024 | 0.027 |
UBN | URBANISE.COM LTD | 0.072fall | 0.081 | 0.084 |
TGN | TUNGSTEN MIN NL | 0.027fall | 0.030 | 0.032 |
SMA | SMARTTRANS HOLDINGS | 0.009fall | 0.010 | 0.010 |
Updated: May 9, 2017 - 12:09PM |
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 |
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 |
Takor Group Ltd | TKO | 15/05/2017 | 0.20 |
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