Markets Live: Trump trade turns ugly
Shares slump for a second straight day extending the ASX's losses to $38.6 billion as gathering controversy around the US presidency threatens to derail the global bull market.
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Movers
-
AGL AGL ENERGY LIMITED.
- Percentage up/down
- -0.37% fall
-
ALL ARISTOCRAT LEISURE LIMITED
- Percentage up/down
- -0.43% fall
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AMC AMCOR LIMITED
- Percentage up/down
- -0.79% fall
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AMP AMP LIMITED
- Percentage up/down
- -1.55% fall
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ANZ AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED
- Percentage up/down
- -1.06% fall
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APA APA GROUP
- Percentage up/down
- -0.37% fall
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ASX ASX LIMITED
- Percentage up/down
- -1.54% fall
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AZJ AURIZON HOLDINGS LIMITED
- Percentage up/down
- -0.74% fall
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BHP BHP BILLITON LIMITED
- Percentage up/down
- -1.04% fall
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BXB BRAMBLES LIMITED
- Percentage up/down
- -1.24% fall
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CBA COMMONWEALTH BANK OF AUSTRALIA.
- Percentage up/down
- -0.45% fall
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CPU COMPUTERSHARE LIMITED.
- Percentage up/down
- -2.38% fall
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CSL CSL LIMITED
- Percentage up/down
- -1.59% fall
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CTX CALTEX AUSTRALIA LIMITED
- Percentage up/down
- -1.39% fall
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DXS DEXUS
- Percentage up/down
- -0.74% fall
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FMG FORTESCUE METALS GROUP LTD
- Percentage up/down
- -2.39% fall
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GMG GOODMAN GROUP
- Percentage up/down
- 0.12% rise
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GPT GPT GROUP
- Percentage up/down
- -0.29% fall
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IAG INSURANCE AUSTRALIA GROUP LIMITED
- Percentage up/down
- -1.99% fall
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IPL INCITEC PIVOT LIMITED
- Percentage up/down
- -1.92% fall
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JHX JAMES HARDIE INDUSTRIES PLC
- Percentage up/down
- -4.47% fall
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LLC LENDLEASE GROUP
- Percentage up/down
- -0.97% fall
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MGR MIRVAC GROUP
- Percentage up/down
- -0.66% fall
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MPL MEDIBANK PRIVATE LIMITED
- Percentage up/down
- -1.07% fall
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MQG MACQUARIE GROUP LIMITED
- Percentage up/down
- -1.72% fall
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NAB NATIONAL AUSTRALIA BANK LIMITED
- Percentage up/down
- -1.22% fall
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NCM NEWCREST MINING LIMITED
- Percentage up/down
- 0.66% rise
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ORG ORIGIN ENERGY LIMITED
- Percentage up/down
- -1.23% fall
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ORI ORICA LIMITED
- Percentage up/down
- 0.59% rise
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OSH OIL SEARCH LIMITED
- Percentage up/down
- -1.56% fall
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QAN QANTAS AIRWAYS LIMITED
- Percentage up/down
- -1.74% fall
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QBE QBE INSURANCE GROUP LIMITED
- Percentage up/down
- -2.81% fall
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RHC RAMSAY HEALTH CARE LIMITED
- Percentage up/down
- -1.74% fall
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RIO RIO TINTO LIMITED
- Percentage up/down
- -0.05% fall
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S32 SOUTH32 LIMITED
- Percentage up/down
- -0.38% fall
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SCG SCENTRE GROUP
- Percentage up/down
- -1.08% fall
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SGP STOCKLAND
- Percentage up/down
- -1.07% fall
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SHL SONIC HEALTHCARE LIMITED
- Percentage up/down
- -1.51% fall
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STO SANTOS LIMITED
- Percentage up/down
- -1.14% fall
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SUN SUNCORP GROUP LIMITED
- Percentage up/down
- -1.96% fall
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SYD SYDNEY AIRPORT
- Percentage up/down
- 0.21% rise
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TCL TRANSURBAN GROUP
- Percentage up/down
- -0.13% fall
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TLS TELSTRA CORPORATION LIMITED.
- Percentage up/down
- -0.46% fall
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TWE TREASURY WINE ESTATES LIMITED
- Percentage up/down
- -0.57% fall
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VCX VICINITY CENTRES
- Percentage up/down
- -0.73% fall
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WBC WESTPAC BANKING CORPORATION
- Percentage up/down
- -3.50% fall
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WES WESFARMERS LIMITED
- Percentage up/down
- -0.30% fall
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WFD WESTFIELD CORPORATION
- Percentage up/down
- -1.25% fall
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WOW WOOLWORTHS LIMITED
- Percentage up/down
- -1.30% fall
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WPL WOODSIDE PETROLEUM LIMITED
- Percentage up/down
- -1.11% fall
Trump uncertainty hits local markets
The ASX suffered a torrid morning after Wall St suffered its worst session in eight months amid chatter Trump may face impeachment proceedings.
World's 500 richest lose $47b overnight
The political turmoil in the US cost the world's richest people $47 billion in one night.
Trump crisis sends Wall Street tumbling
Report of Donald Trump interfering with a federal investigation sets off alarm bells on Wall Street
Wall Street loses faith in Republicans
Republican leaders continued to pitch plans to overhaul health-care system and taxes, but markets weren't buying it.
8@eight: Trump turmoil hits markets
The Australian sharemarket is poised to open sharply lower on the back of Wall Street's worst day since September.
Bernanke sees US economy near capacity
The US jobless rate is "about as low as it can go", former Federal Reserve chairman Ben Bernanke said.
Gold rises to two-week high
Spot gold rose for a fifth day as investors rethink the outlook for the pace of US interest rate increases.
Market Indices
Updated: May 18, 2017 - 10:37AM
Market Activity
-
Advances
- Price
- 82.00
- Percentage up/down
- 17.63% rise
-
Declines
- Price
- 328.00
- Percentage up/down
- 70.54% fall
-
Unchanged
- Price
- 55.00
- Percentage up/down
- 11.83% steady
Search Quotes & Charts
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Passive distortions 'dangerous' in time
Active fund managers are warning that the rise of passive investment will make sharemarkets less efficient at rewarding good companies but this is not expected to happen for a while.
ASX savaged as investors flunk confidence test
Major banks led a savage sell-off on the ASX, as investors fretted over record low wage growth and the growing threat of US political risks.
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Good performance, mediocre results or even downright ugly returns. When it comes to hedge funds, it scarcely matters. The 25 best-paid hedge fund managers earned a collective $14.8 billion last year.
Wesfarmers shelves Officeworks IPO
Wesfarmers has shelved plans to spin off its stationery and office supplies chain Officeworks into a separately listed company.
Currencies
Euro nears 8-month high v $A
The euro surged more than 1 per cent v the $US, to its highest level since Donald Trump was elected US president in November.
| Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
|---|---|---|---|---|
| AUD/USD | 0.7457 | 0.7453 | 0.0022rise | 0.30% rise |
| AUD/EUR | 0.6686 | 0.6682 | 0.0027rise | 0.41% rise |
| Updated: May 18, 2017 - 10:30AM | ||||
Market Details
Volatility S&P;/ASX 200 VIX
- Price
- 13.19
- Change in
- 0.7080rise
- Percentage up/down
- (5.67%) rise
| Sector | Turnover ($AU) | Volume | Trades |
|---|---|---|---|
| Market total | 2,774,269,243 | 1,055,368,311 | 604,453 |
| Industrial | 2,231,268,045 | 402,226,849 | 497,127 |
| Mining | 522,092,143 | 652,893,801 | 103,634 |
ASX - 52 Weeks Highs
| Code | Name | New Highs | Last Week | Last Month |
|---|---|---|---|---|
| FXJ | FAIRFAX MEDIA LTD | 1.240rise | 1.137 | 1.067 |
| ELD | ELDERS LIMITED | 4.685rise | 4.500 | 4.550 |
| GTK | GENTRACK GROUP LTD | 4.390rise | 4.310 | 4.110 |
| Updated: May 18, 2017 - 10:37AM | ||||
ASX - 52 Weeks Lows
| Code | Name | New Lows | Last Week | Last Month |
|---|---|---|---|---|
| BD1 | BARD1 LIFE SCIENCES | 0.011fall | 0.027 | 0.029 |
| SRX | SIRTEX MEDICAL | 10.450fall | 15.330 | 14.495 |
| IP1 | INT PAYMENT TECH LTD | 0.115fall | 0.160 | 0.160 |
| IBN | IBUYNEW GROUP LTD | 0.003fall | 0.004 | 0.004 |
| MRQ | MRG METALS LIMITED | 0.009fall | 0.012 | 0.012 |
| AUC | AUSGOLD LIMITED | 0.022fall | 0.028 | 0.025 |
| DAV | DAVENPORT RESOURCES | 0.080fall | 0.100 | 0.100 |
| SP1 | SEARCH PARTY GROUP | 0.008fall | 0.010 | 0.010 |
| ABX | AUST BAUXITE LTD. | 0.098fall | 0.120 | 0.110 |
| DXF | DING SHENG XIN LTD | 0.090fall | 0.110 | 0.130 |
| Updated: May 18, 2017 - 10:37AM | ||||
Floats & IPOs
| Company | Security Code | Float date | Issue $ |
|---|---|---|---|
| Alderan Resources Limited | AL8 | 28/05/2017 | 0.20 |
| Biomics Biopharma Limited | BBM, | 01/06/2017 | 0.20 |
| Bryah Resources Limited | BYH | 30/05/2017 | 0.20 |
| Contango Global Growth Limited | CQG | 22/06/2017 | 1.10 |
| Eagle Health Holdings Limited | EHH | 28/06/2017 | 0.40 |
| Elsight Limited | ELS | 18/05/2017 | 0.20 |
| Golden Mile Resources Ltd | G88 | 28/05/2017 | 0.20 |
| Manuka Resources Ltd | MKR | 16/05/2017 | 0.20 |
| Macarthur Australia Limited | MMM | 16/05/2017 | 0.20 |
| Takor Group Ltd | TKO | 14/05/2017 | 0.20 |