Business

Movers

China steel output seen steady

China, which holds nearly half the world's 800 million tonnes of spare capacity, cut 65 million tonnes of capacity in ...

China is serious about cutting millions of tonnes of excess steel capacity but that will not mean lower production.

Sterling rises as volatility sinks

Sterling rose as much as 0.4 per cent to $US1.2988 in morning trade on Wednesday before falling back to stand flat on ...

​Sterling hit a three-week high versus the euro and hovered just below $US1.30 as investors reined in more of their negative bets.

ASX enjoys post-Budget boost

The pledge to pour $75 billion into infrastructure projects saw investors snap up consumer staples, utilities and ...

A broad ASX rally overwhelmed losses in the big banks, as investors reacted positively to Tuesday night's pro-growth federal budget.

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The political pressure on the banking pressure means Australia's big four banks may have no choice but to pass on the ...

Big banks will be forced to cut dividends

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.

Infrastructure spending is expected to help ease boost the economy through the end of the housing construction boom, but ...

How to trade the 2017 budget

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's market capitalisation overnight soared to $US52.5 billion, according to data from coinmarketcap.com.

Bitcoin surges to record high

Bitcoin hit a record high overnight on the creation of new tokens to raise funding for start-ups using blockchain technology.

Currencies

Wholesale Interbank Rates
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

Market Details

Volatility S&P;/ASX 200 VIX
Price
11.82
Change in
-0.4900fall
Percentage up/down
(-3.98%) fall
Today's market compared to previous close
Turnover
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
Last updated: May 10, 2017 - 5:55PM

ASX - 52 Weeks Highs

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

ASX - 52 Weeks Lows

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

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