Markets Live: Can retail rally?
Shares are set for an uncertain start after OPEC's new deal sent oil tumbling, while Wall St pushed to new records, helped by listed retailers.
Shares are set for an uncertain start after OPEC's new deal sent oil tumbling, while Wall St pushed to new records, helped by listed retailers.
The ASX is set to open flat, even after Wall Street rallied, as a slump in the oil price is putting pressure on commodity currencies such as the Aussie dollar.
Stubbornly low Treasury yields are spurring Wall Street to slash forecasts, regardless of the Fed's next rate move.
Production cuts were formally extended, though there appear to be more downside risks for the price of oil.
The sharemarket recouped early losses on Thursday, as gains in resource stocks offset a terrible session for retailers.
Investors face deteriorating returns should restrictive immigration policy curb population growth.
As OPEC appears posed to extend production cuts into 2018, the equity strategists at Deutsche Bank have highlighted the opportunities.
One of Australia's most high profile investors appears to have engaged in "new economy heresy".
The government has lowered the Future Fund's investment return target by 0.5 percentage points, citing difficult global market conditions.
As the biggest earthquake ever recorded in Japan rocked the Roppongi Hills skyscraper in central Tokyo, Makoto Yamada put on his helmet, dropped to his knees, and traded.
Moody's Investors Service downgraded Hong Kong's local and foreign currency issuer ratings just hours after it cut China's credit ratings for the first time in nearly 30 years.
It is not one story, but so many stories, that is leading me to the conclusion that it's as scary an environment for global investors as it's ever been.
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 | 0.7453 | 0.7452 | 0.0000steady | 0.00% steady |
AUD/EUR | 0.665 | 0.6648 | 0.0003rise | 0.05% rise |
Updated: May 26, 2017 - 9:09AM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 5,448,798,507 | 1,549,317,233 | 1,060,331 |
Industrial | 4,434,509,813 | 757,577,966 | 877,190 |
Mining | 877,333,295 | 790,734,428 | 175,438 |
Code | Name | New Highs | Last Week | Last Month |
---|---|---|---|---|
BDI | BLINA MINERALS NL | 0.002rise | 0.001 | 0.002 |
FDM | FREEDOM OIL GAS | 0.135rise | 0.100 | 0.100 |
TAR | TARUGA GOLD LTD | 0.063rise | 0.050 | 0.053 |
AYH | AMYF TWO LTD | 1.670rise | 1.400 | 1.168 |
AFR | AFRICAN ENERGY RES | 0.070rise | 0.061 | 0.053 |
WOR | WORLEYPARSONS LTD | 12.705rise | 11.370 | 11.860 |
DWS | DWS LTD | 1.870rise | 1.680 | 1.620 |
IMA | IMAGE RESOURCES NL | 0.110rise | 0.100 | 0.110 |
ITL | INTEGRATED MEDIA | 6.080rise | 5.600 | 6.000 |
AIV | ACTIVEX LIMITED | 0.130rise | 0.120 | 0.120 |
Updated: May 25, 2017 - 6:50PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
FZR | FITZROY RIVER CORP | 0.090fall | 0.160 | 0.150 |
SIG | SIGMA HEALTH LTD | 0.725fall | 1.180 | 1.200 |
QIP | QANTM INTELLECTUAL | 1.100fall | 1.690 | 1.800 |
ADY | ADMIRALTY RESOURCES. | 0.005fall | 0.007 | 0.008 |
BIT | BIOTRON LIMITED | 0.023fall | 0.032 | 0.034 |
SBU | SIBURAN RES LIMITED | 0.003fall | 0.004 | 0.006 |
RAN | RANGE INTERNATIONAL | 0.385fall | 0.505 | 0.420 |
CGO | CPT GLOBAL LIMITED | 0.130fall | 0.170 | 0.160 |
IOG | INCREMENTAL OIL GAS | 0.023fall | 0.030 | 0.034 |
FOD | THE FOOD REVOLUTION | 0.043fall | 0.056 | 0.058 |
Updated: May 25, 2017 - 6:50PM |
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 |
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