Markets Live: Wall St rally fires up ASX
Shares have bounced higher at the open, with gains across most sectors bar utilities, as Wall Street's record-busting mood catches on.
Shares have bounced higher at the open, with gains across most sectors bar utilities, as Wall Street's record-busting mood catches on.
The Federal Reserve plans to give lenders an advance look at how they might fare in the annual tests it conducts on them.
Futures fell after gaining as much as 1.7 per cent in New York, amid a rethink on the outlook for US crude inventories.
The leads from Wall Street suggest we close out the week on a more positive note, with the S&P; 500 and NASDAQ 100 pushing to new all-time highs and the Dow looking like it needs a good payrolls report tonight to join this camp.
Carried by industrial, consumer and tech companies, the Dow Jones Industrial Average circled back to record territory.
Australia's shrinking yield advantage over the US has stirred the Aussie dollar bears, but the currency is deemed unlikely to plunge hard.
US factory activity ticked up in May after slowing for two straight months and private employers stepped up hiring.
After a miserable May, iron ore opened the new month on the back foot.
Shares see-sawed before finishing in the black, after soft Chinese manufacturing data clashed with solid local retail sales growth.
Altair Asset Management's Philip Parker has mounted a strident defence of his decision to liquidate his funds and return cash to investors.
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.
Cocoa prices have soared amid signs of tighter supplies, raising prospects that chocolate costs will climb.
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 | 0.738 | 0.7379 | 0.0007rise | 0.10% rise |
AUD/EUR | 0.658 | 0.6578 | 0.0005rise | 0.08% rise |
Updated: June 2, 2017 - 10:49AM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 1,023,206,761 | 433,064,772 | 202,526 |
Industrial | 853,020,030 | 163,884,122 | 170,423 |
Mining | 168,696,892 | 269,150,271 | 31,508 |
Code | Name | New Highs | Last Week | Last Month |
---|---|---|---|---|
BBX | BBX MINERALS LTD | 0.175rise | 0.084 | 0.084 |
FIG | FREEDOM INSURANCE | 0.875rise | 0.785 | 0.840 |
PEP | PEPPER GROUP LTD | 3.160rise | 2.950 | 3.150 |
SHL | SONIC HEALTHCARE | 24.225rise | 22.750 | 23.720 |
REX | REGIONAL EXPRESS | 1.045rise | 0.985 | 0.985 |
XRO | XERO LTD | 24.290rise | 23.120 | 24.240 |
MLB | MELBOURNE IT LIMITED | 2.770rise | 2.640 | 2.640 |
MRN | MACQ MEDIA LTD | 1.140rise | 1.090 | 1.090 |
DXS | DEXUS | 10.690rise | 10.260 | 10.555 |
RMD | RESMED INC | 9.790rise | 9.430 | 9.450 |
Updated: June 2, 2017 - 10:56AM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
CZL | CONS ZINC LTD | 0.014fall | 0.018 | 0.016 |
EMX | ENERGIA MINERALS LTD | 0.013fall | 0.016 | 0.016 |
IDT | IDT AUSTRALIA LTD | 0.096fall | 0.110 | 0.098 |
PDN | PALADIN ENERGY LTD | 0.048fall | 0.055 | 0.055 |
ZIP | ZIPTEL LIMITED | 0.022fall | 0.025 | 0.023 |
AEV | AVENIRA LIMITED | 0.070fall | 0.078 | 0.071 |
HAV | HAVILAH RESOURCES | 0.325fall | 0.360 | 0.360 |
YOW | YOWIE GROUP | 0.350fall | 0.385 | 0.370 |
ADH | ADAIRS LIMITED | 0.630fall | 0.690 | 0.660 |
AWE | AWE LIMITED | 0.410fall | 0.445 | 0.415 |
Updated: June 2, 2017 - 10:56AM |
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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