Business

Movers

Local activists get a boost from Elliott

Craig Coleman. chairman of the Perth-based Viburnum Funds, which started as an offshoot of the Wyllie Group in 2007.

For local funds, investors and corporate advisers making returns off activist tactics, Elliott Associates is a welcome affirmation of the style they've been extolling for years.

Geopolitics drag ASX into the red

Shareholders at the ASX in Sydney

A lift in commodity prices failed to offset steep losses in the banks, as investors grappled with the escalating controversies surrounding the US president.

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Currencies

The euro also advanced against the Australian dollar, up 0.8 per cent to $US1.49246, near an eight-month high.

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.

Wholesale Interbank Rates
Currencies Buys ($AU1) Sells ($AU1) $ Mvmt % Mvmt
AUD/USD 0.7447 0.7445 -0.0014fall -0.19% fall
AUD/EUR 0.6649 0.6647 -0.0012fall -0.18% fall
Updated: May 22, 2017 - 4:10PM

Market Details

Volatility S&P;/ASX 200 VIX
Price
13.14
Change in
0.0230rise
Percentage up/down
(0.18%) rise
Today's market compared to previous close
Turnover
Sector Turnover ($AU) Volume Trades
Market total 4,356,471,284 1,639,286,222 983,951
Industrial 3,168,192,589 689,633,633 790,293
Mining 1,132,653,383 949,171,282 187,833
Last updated: May 22, 2017 - 4:15PM

ASX - 52 Weeks Highs

Code Name New Highs Last Week Last Month
DRG DRAIG RESOURCES LTD 0.058rise 0.049 0.038
OLH OLDFIELDS HOLDINGS 0.038rise 0.035 0.037
CL8 COLLABORATE CORP 0.046rise 0.044 0.035
WTC WISETECH GLOBAL LTD 7.200rise 6.950 5.890
SSM SERVICE STREAM 1.445rise 1.400 1.280
PHK PHOSLOCK WATER 0.185rise 0.180 0.125
ELD ELDERS LIMITED 4.850rise 4.750 4.550
BHD BENJAMIN HORNGLD LTD 1.140rise 1.120 0.000
EAI ELLERSTON ASIAN 0.945rise 0.930 0.900
PAR PARADIGM BIO. 0.680rise 0.670 0.610
Updated: May 22, 2017 - 4:14PM

ASX - 52 Weeks Lows

Code Name New Lows Last Week Last Month
CAQ CAQ HOLDINGS LTD 0.080fall 0.140 0.140
MRG MURRAY RIVER GRP 0.350fall 0.610 1.100
SRF SURFSTITCH GROUP LTD 0.069fall 0.098 0.120
SHU SHENHUA LTD 0.130fall 0.180 0.180
SP1 SEARCH PARTY GROUP 0.006fall 0.008 0.010
ICI ICANDY INTERACTIVE 0.040fall 0.051 0.060
MAG MAGMATIC RESRCE LTD 0.155fall 0.195 0.000
PGR THE PAS GROUP LTD 0.470fall 0.580 0.610
DCC DIGITALX LIMITED 0.022fall 0.026 0.032
TNR TORIAN RESOURCES LTD 0.082fall 0.095 0.115
Updated: May 22, 2017 - 4:14PM

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
Bryah Resources Limited BYH 31/05/2017 0.20
Contango Global Growth Limited CQG 23/06/2017 1.10
Eagle Health Holdings Limited EHH 29/06/2017 0.40
Golden Mile Resources Ltd G88 29/05/2017 0.20
Imagion Biosystems Limited IBX 30/05/2017 0.20