Markets Live: Wesfarmers weighs on ASX
Shares see-saw and the Aussie dollar drops after soft Chinese manufacturing data clashed with solid growth in local retail sales.
Shares see-saw and the Aussie dollar drops after soft Chinese manufacturing data clashed with solid growth in local retail sales.
Australia's shrinking yield advantage over the US has stirred the Aussie dollar bears, but the currency is deemed unlikely to plunge hard.
Australia's $2.8 trillion fund industry is one of the last havens for fund managers relying on human judgement for their investment calls. That may be about to end amid the global onslaught of low-cost, index-tracking funds.
Investors bought up banks on Wednesday, but a good day failed to offset the worst month since January 2016.
The two biggest US banks said second-quarter trading revenue is on pace to drop at least 10 per cent.
Pimco sees a 70 per cent chance of a recession in the next five years and says it's time for investors to start building cash reserves.
Russia wants the rouble to stop acting like an oil currency.
We open the page on the month of June and I for one hope we can break this malaise in markets.
Credit Suisse Group is seeing a greater willingness among clients to put their cash to work as uncertainties eased.
Nickel prices tumbled on investor concern over rising supply from top producers Indonesia and the Philippines.
The fund manager is embroiled in a dispute surrounding his mother's share portfolio.
Investors in local retailers might be in for another torrid time over the next half year, with consumers hamstrung by rising interest rates, rising petrol prices and rising utility bills.
Australia's shrinking yield advantage over the US has stirred the Aussie dollar bears, but the currency is deemed unlikely to plunge hard.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.7403 | 0.7402 | -0.0027fall | -0.36% fall |
AUD/EUR | 0.6586 | 0.6584 | -0.0022fall | -0.33% fall |
Updated: June 1, 2017 - 3:50PM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 3,916,600,950 | 1,414,382,475 | 1,083,631 |
Industrial | 3,138,828,411 | 563,799,983 | 913,265 |
Mining | 740,317,197 | 849,993,571 | 167,309 |
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 - 3:57PM |
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 - 3:53PM |
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 |
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