ASX Markets Overview | Australian Stock Exchange

Markets Live: Banks push ASX higher

Live

Shares eke out some gains, thanks to a small boost from better than expected Chinese data, but the ASX remains on track for an awful monthly performance.

Credit Suisse sees 'animal spirits'

The bank recommends health, energy and real estate stocks because of their relatively high dividends and prefers ...

52 mins ago

Credit Suisse Group is seeing a greater willingness among clients to put their cash to work as uncertainties eased.

JPMorgan, BofA tip trading drops

Markets revenue at JPMorgan was down about 15 per cent in April and May from a year earlier, driven by a slump in fixed ...

1 hr ago

The two biggest US banks said second-quarter trading revenue is on pace to drop at least 10 per cent.

Build cash reserves, Pimco advises

"Investors should consider using cyclical rallies to build cash to deploy when markets eventually correct - and possibly ...

Pacific Investment Management Co has a message for investors: It's time to stop taking the markets for granted.

Nickel falls to 11-month low

About two thirds of global nickel supply is used to make stainless steel, most of which is produced in China.

Nickel prices tumbled on investor concern over rising supply from top producers Indonesia and the Philippines.

Altair boss in dispute over mother's shares

A director of Altair Assets wrote to Mr Parker (pictured) advising of his resignation in April.

EXCLUSIVE

The fund manager is embroiled in a dispute surrounding his mother's share portfolio.

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.

Retailers set for another torrid time

"The retail sector has near recessionary conditions in it, especially over the first half of this year," said UBS' chief ...

Investors in local retailers might be in for another torrid time over the next half year, with consumers hamstrung by rising interest rates, rising petrol prices and rising utility bills.

Market Indices

Updated: May 31, 2017 - 4:36PM

Updated: May 31, 2017 - 6:08PM

Updated: June 1, 2017 - 7:15AM

Updated: June 1, 2017 - 2:00AM

Advances

Price

212.00

Percentage up/down

44.35% rise
Declines

Price

198.00

Percentage up/down

41.42% fall
Unchanged

Price

68.00

Percentage up/down

14.23% steady

Last updated: May 31, 2017 - 6:50PM

The old adage to "sell in May and go away" proved prescient in 2017, with the S&P/ASX200 down over 3 per cent.

Sold out in May? Don't stop now

The old adage to "sell in May and go away" proved prescient in 2017, with the S&P;/ASX200 dropping over 3 per cent.

A measure of underlying inflation pressures declined in April for the third month in a row.

Too soon for September bets

While a rate hike in the US next month is all but assured, investors are wary of making bets about a September one too.

New Zealand home owners have built up record amounts of debt in recent years as house prices soared, which may leave ...

RBNZ sees diminishing risks

New Zealand's central bank said risks to the nation's financial system have receded after house-price inflation slowed.

8@eight: Bleak May coming to an end

Sponsored

For some the idea of turning the page and closing what has been a fairly bleak month to be long the Aussie equity market will be welcomed. That being said, being long certain industrial and telco names has seen strong outperformance in the portfolio.

Economists expect Australia's currency to break out the bottom of its tight trading band, after the yield differential ...

$A to fall below US70¢ as bond spread shrinks

The Australian dollar may fall below US70¢ by year end as one of its key drivers, the Aussie-US bond spread, dwindles to almost zero.

Wholesale Interbank Rates
Currencies	Buys ($AU1)	Sells ($AU1)	$ Mvmt	% Mvmt
AUD/USD	0.7432	0.743	0.0001rise	0.01% rise
AUD/EUR	0.6612	0.6607	0.0001rise	0.02% rise
Updated: June 1, 2017 - 7:40AM

Volatility S&P;/ASX 200 VIX

Price: 11.86

Change in: -0.8350fall
Percentage up/down: (-6.58%) fall

Today's market compared to previous close

Turnover
Sector	Turnover ($AU)	Volume	Trades
Market total	8,174,482,224	1,846,253,291	1,227,471
Industrial	7,026,758,534	1,067,706,914	1,042,856
Mining	1,119,754,201	778,259,065	180,465

Last updated: May 31, 2017 - 5:55PM

Code	Name	New Highs	Last Week	Last Month
AFR	AFRICAN ENERGY RES	0.110rise	0.076	0.110
GFL	GLOBAL MASTERS FUND	2.150rise	1.900	2.150
VAN	VANGO MINING LTD	0.070rise	0.062	0.070
USF	US PRIVATE FUND	2.490rise	2.270	2.490
AYH	AMYF TWO LTD	1.950rise	1.800	1.950
APY	AZONTO PET LTD	0.014rise	0.013	0.014
FIG	FREEDOM INSURANCE	0.840rise	0.785	0.840
PNC	PIONEER CREDIT LTD	2.300rise	2.150	2.300
SOP	SML CORPORATION LTD	0.040rise	0.038	0.040
XRO	XERO LTD	24.240rise	23.120	24.240
Updated: May 31, 2017 - 6:50PM

Code	Name	New Lows	Last Week	Last Month
AXT	ARGO EXPLORATION	0.013fall	0.024	0.013
MGZ	MEDIGARD LIMITED	0.015fall	0.027	0.015
GMR	GOLDEN RIM RESOURCES	0.003fall	0.005	0.003
TSN	TRANSACTION LTD	0.008fall	0.011	0.008
AHL	AHALIFE HOLDINGS LTD	0.029fall	0.039	0.029
SRZ	STELLAR RESOURCES	0.017fall	0.022	0.017
UBN	URBANISE.COM LTD	0.055fall	0.069	0.055
ICT	ICOLLEGE LIMITED	0.020fall	0.024	0.020
ENA	ENSURANCE LTD	0.110fall	0.130	0.110
VAR	VARISCAN MINES LTD	0.011fall	0.013	0.011
Updated: May 31, 2017 - 4:14PM

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
Oliver's Real Food Limited	OLI	14/06/2017	0.30
WAM Microcap Limited	WMI	28/06/2017	1.10

AGL AGL ENERGY LIMITED.

ALL ARISTOCRAT LEISURE LIMITED

AMC AMCOR LIMITED

AMP AMP LIMITED

ANZ AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED

APA APA GROUP

ASX ASX LIMITED

AZJ AURIZON HOLDINGS LIMITED

BHP BHP BILLITON LIMITED

BXB BRAMBLES LIMITED

CBA COMMONWEALTH BANK OF AUSTRALIA.

CPU COMPUTERSHARE LIMITED.

CSL CSL LIMITED

CTX CALTEX AUSTRALIA LIMITED

DXS DEXUS

FMG FORTESCUE METALS GROUP LTD

GMG GOODMAN GROUP

GPT GPT GROUP

IAG INSURANCE AUSTRALIA GROUP LIMITED

IPL INCITEC PIVOT LIMITED

JHX JAMES HARDIE INDUSTRIES PLC

LLC LENDLEASE GROUP

MGR MIRVAC GROUP

MPL MEDIBANK PRIVATE LIMITED

MQG MACQUARIE GROUP LIMITED

NAB NATIONAL AUSTRALIA BANK LIMITED

NCM NEWCREST MINING LIMITED

ORG ORIGIN ENERGY LIMITED

ORI ORICA LIMITED

OSH OIL SEARCH LIMITED

QAN QANTAS AIRWAYS LIMITED

QBE QBE INSURANCE GROUP LIMITED

RHC RAMSAY HEALTH CARE LIMITED

RIO RIO TINTO LIMITED

S32 SOUTH32 LIMITED

SCG SCENTRE GROUP

SGP STOCKLAND

SHL SONIC HEALTHCARE LIMITED

STO SANTOS LIMITED

SUN SUNCORP GROUP LIMITED

SYD SYDNEY AIRPORT

TCL TRANSURBAN GROUP

TLS TELSTRA CORPORATION LIMITED.

TWE TREASURY WINE ESTATES LIMITED

VCX VICINITY CENTRES

WBC WESTPAC BANKING CORPORATION

WES WESFARMERS LIMITED

WFD WESTFIELD CORPORATION

WOW WOOLWORTHS LIMITED

WPL WOODSIDE PETROLEUM LIMITED

Advances

Declines

Unchanged

Volatility S&P;/ASX 200 VIX

Business