Markets Live: Wesfarmers hit by downgrade
Shares trade flat as strong gains in utilities and industrials are offset by falls in miners and Wesfarmers.
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Movers
-
AGL AGL ENERGY LIMITED.
- Percentage up/down
- 2.35% rise
-
ALL ARISTOCRAT LEISURE LIMITED
- Percentage up/down
- 0.00% steady
-
AMC AMCOR LIMITED
- Percentage up/down
- 3.78% rise
-
AMP AMP LIMITED
- Percentage up/down
- 0.59% rise
-
ANZ AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED
- Percentage up/down
- -0.21% fall
-
APA APA GROUP
- Percentage up/down
- 3.03% rise
-
ASX ASX LIMITED
- Percentage up/down
- 1.02% rise
-
AZJ AURIZON HOLDINGS LIMITED
- Percentage up/down
- 2.73% rise
-
BHP BHP BILLITON LIMITED
- Percentage up/down
- -0.71% fall
-
BXB BRAMBLES LIMITED
- Percentage up/down
- 0.77% rise
-
CBA COMMONWEALTH BANK OF AUSTRALIA.
- Percentage up/down
- -0.04% fall
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CPU COMPUTERSHARE LIMITED.
- Percentage up/down
- 0.21% rise
-
CSL CSL LIMITED
- Percentage up/down
- 1.57% rise
-
CTX CALTEX AUSTRALIA LIMITED
- Percentage up/down
- 0.76% rise
-
DXS DEXUS
- Percentage up/down
- 1.44% rise
-
FMG FORTESCUE METALS GROUP LTD
- Percentage up/down
- -3.71% fall
-
GMG GOODMAN GROUP
- Percentage up/down
- 0.59% rise
-
GPT GPT GROUP
- Percentage up/down
- 1.53% rise
-
IAG INSURANCE AUSTRALIA GROUP LIMITED
- Percentage up/down
- 0.47% rise
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IPL INCITEC PIVOT LIMITED
- Percentage up/down
- 0.88% rise
-
JHX JAMES HARDIE INDUSTRIES PLC
- Percentage up/down
- 1.68% rise
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LLC LENDLEASE GROUP
- Percentage up/down
- 0.31% rise
-
MGR MIRVAC GROUP
- Percentage up/down
- -0.88% fall
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MPL MEDIBANK PRIVATE LIMITED
- Percentage up/down
- 1.46% rise
-
MQG MACQUARIE GROUP LIMITED
- Percentage up/down
- -0.26% fall
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NAB NATIONAL AUSTRALIA BANK LIMITED
- Percentage up/down
- -0.66% fall
-
NCM NEWCREST MINING LIMITED
- Percentage up/down
- 0.95% rise
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ORG ORIGIN ENERGY LIMITED
- Percentage up/down
- -0.13% fall
-
ORI ORICA LIMITED
- Percentage up/down
- -0.56% fall
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OSH OIL SEARCH LIMITED
- Percentage up/down
- -0.28% fall
-
QAN QANTAS AIRWAYS LIMITED
- Percentage up/down
- 1.20% rise
-
QBE QBE INSURANCE GROUP LIMITED
- Percentage up/down
- 1.24% rise
-
RHC RAMSAY HEALTH CARE LIMITED
- Percentage up/down
- 0.77% rise
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RIO RIO TINTO LIMITED
- Percentage up/down
- -1.69% fall
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S32 SOUTH32 LIMITED
- Percentage up/down
- -1.89% fall
-
SCG SCENTRE GROUP
- Percentage up/down
- 0.70% rise
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SGP STOCKLAND
- Percentage up/down
- 0.85% rise
-
SHL SONIC HEALTHCARE LIMITED
- Percentage up/down
- 2.38% rise
-
STO SANTOS LIMITED
- Percentage up/down
- -1.19% fall
-
SUN SUNCORP GROUP LIMITED
- Percentage up/down
- 1.59% rise
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SYD SYDNEY AIRPORT
- Percentage up/down
- 1.21% rise
-
TCL TRANSURBAN GROUP
- Percentage up/down
- 1.38% rise
-
TLS TELSTRA CORPORATION LIMITED.
- Percentage up/down
- 0.68% rise
-
TWE TREASURY WINE ESTATES LIMITED
- Percentage up/down
- 2.69% rise
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VCX VICINITY CENTRES
- Percentage up/down
- 0.72% rise
-
WBC WESTPAC BANKING CORPORATION
- Percentage up/down
- -0.69% fall
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WES WESFARMERS LIMITED
- Percentage up/down
- -3.12% fall
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WFD WESTFIELD CORPORATION
- Percentage up/down
- 1.65% rise
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WOW WOOLWORTHS LIMITED
- Percentage up/down
- 0.31% rise
-
WPL WOODSIDE PETROLEUM LIMITED
- Percentage up/down
- -0.22% fall
Wesfarmers drags but ASX wobbles higher
Shares see-sawed before finishing in the black, after soft Chinese manufacturing data clashed with solid local retail sales growth.
'Most exposed': Wesfarmers tipped to lose $400m to Amazon
Amazon poses a bigger threat to Wesfarmers' discount department stores, Kmart and Target, than to specialty retailers such as JB Hi-Fi, investment bank Morgan Stanley has warned.
'High 60s': Aussie dollar bears stir
Australia's shrinking yield advantage over the US has stirred the Aussie dollar bears, but the currency is deemed unlikely to plunge hard.
Are the days of cheap chocolate coming to an end?
Cocoa prices have soared amid signs of tighter supplies, raising prospects that chocolate costs will climb.
Are the good times ending for Aussie fund managers?
Australia's $2.8 trillion fund industry is one of the last havens for fund managers relying on human judgement for their investment calls. That may be about to end amid the global onslaught of low-cost, index-tracking funds.
ASX suffers worst month since January 2016
Investors bought up banks on Wednesday, but a good day failed to offset the worst month since January 2016.
JPMorgan, BofA tip trading drops
The two biggest US banks said second-quarter trading revenue is on pace to drop at least 10 per cent.
Market Indices
Updated: June 1, 2017 - 4:38PM
Market Activity
-
Advances
- Price
- 221.00
- Percentage up/down
- 46.62% rise
-
Declines
- Price
- 191.00
- Percentage up/down
- 40.30% fall
-
Unchanged
- Price
- 62.00
- Percentage up/down
- 13.08% steady
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Credit Suisse sees 'animal spirits'
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Currencies
'Most exposed': Wesfarmers tipped to lose $400m to Amazon
Amazon poses a bigger threat to Wesfarmers' discount department stores, Kmart and Target, than to specialty retailers such as JB Hi-Fi, investment bank Morgan Stanley has warned.
| Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
|---|---|---|---|---|
| AUD/USD | 0.7423 | 0.7415 | -0.0014fall | -0.19% fall |
| AUD/EUR | 0.6606 | 0.6603 | -0.0003fall | -0.05% fall |
| Updated: June 1, 2017 - 6:10PM | ||||
Market Details
Volatility S&P;/ASX 200 VIX
- Price
- 11.91
- Change in
- 0.0550rise
- Percentage up/down
- (0.46%) rise
| Sector | Turnover ($AU) | Volume | Trades |
|---|---|---|---|
| Market total | 5,095,710,767 | 1,611,395,660 | 1,128,855 |
| Industrial | 4,143,797,052 | 696,782,484 | 950,168 |
| Mining | 914,460,182 | 914,020,202 | 175,375 |
ASX - 52 Weeks Highs
| Code | Name | New Highs | Last Week | Last Month |
|---|---|---|---|---|
| BBX | BBX MINERALS LTD | 0.150rise | 0.084 | 0.084 |
| XTE | XTEK LIMITED. | 0.490rise | 0.410 | 0.410 |
| EOL | ENERGY ONE LIMITED | 0.450rise | 0.380 | 0.390 |
| FIG | FREEDOM INSURANCE | 0.865rise | 0.785 | 0.840 |
| PNC | PIONEER CREDIT LTD | 2.350rise | 2.150 | 2.300 |
| SOP | SML CORPORATION LTD | 0.041rise | 0.038 | 0.040 |
| AIZ | AIR NEW ZEALAND | 2.880rise | 2.720 | 2.760 |
| REX | REGIONAL EXPRESS | 1.040rise | 0.985 | 0.985 |
| MLB | MELBOURNE IT LIMITED | 2.750rise | 2.640 | 2.640 |
| UPD | UPDATER INC | 0.790rise | 0.760 | 0.780 |
| Updated: June 1, 2017 - 4:15PM | ||||
ASX - 52 Weeks Lows
| Code | Name | New Lows | Last Week | Last Month |
|---|---|---|---|---|
| MRD | MOUNT RIDLEY MINES | 0.005fall | 0.012 | 0.008 |
| KPC | KAZAKHSTAN CORP LTD | 0.020fall | 0.047 | 0.047 |
| FFG | FATFISH INTERNET GRP | 0.010fall | 0.013 | 0.011 |
| STX | STRIKE ENERGY LTD | 0.060fall | 0.078 | 0.078 |
| MZN | MARINDI METALS LTD | 0.007fall | 0.009 | 0.008 |
| TRY | TROY RESOURCES LTD | 0.065fall | 0.082 | 0.076 |
| CND | CLARIUS GRP LTD | 0.071fall | 0.089 | 0.080 |
| BPL | BROKEN HILL PROSPECT | 0.025fall | 0.031 | 0.030 |
| MWR | MGM WIRELESS LIMITED | 0.400fall | 0.495 | 0.440 |
| CZL | CONS ZINC LTD | 0.015fall | 0.018 | 0.016 |
| Updated: June 1, 2017 - 4:10PM | ||||
Floats & 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 |
| Oliver's Real Food Limited | OLI | 14/06/2017 | 0.30 |
| WAM Microcap Limited | WMI | 28/06/2017 | 1.10 |