Markets Live: UK cliffhanger spark wobbles
Political uncertainty makes a surprise return - UK exit polls inject some volatility into markets and the ASX isn't immune.
Political uncertainty makes a surprise return - UK exit polls inject some volatility into markets and the ASX isn't immune.
The agency bumped up the oil giant's rating one notch, citing a strong performance despite oil price volatility and greater fiscal clarity following its $26.5 billion settlement of the deadly 2010 Gulf of Mexico spill.
The possibility of a hung parliament unnerved markets on Thursday.
Three big events overnight, with the last proving to be the most dramatic, with a shock exit poll from the UK election seeding the pound tumbling. Locally, shares are due for a flat start.
The 'Trump trade' has made a comeback on Wall Street but the S&P; and Dow industrials ended flat after former FBI director James Comey's testimony.
The local currency has fallen a long way since it bought more than $US1 in 2015, but dynamics are at play that could drive it back to 'historic lows', a visiting US economist believes.
Shares nudged higher thanks to some buying in the banks, but slides in Telstra and energy stocks as well as investor caution kept a cap on gains.
Facebook. Amazon. Apple. Netflix. Google. Not only do they dominate our daily lives, but as their stocks continue to soar, these technology giants may be dictating our financial futures as well.
For all the talk of a beaten consumer, various service sectors contributed some of the most robust performances in Wednesday's 0.3 per cent GDP figures.
US markets are at their highest risk levels since before the 2008 financial crisis because investors are paying a high price for the chances they're taking, says high-profile fund manager Bill Gross.
Wall Street finished slightly higher overnight as James Comey's testimony fails to rattle markets, while futures are pointing to a negative open for the local sharemarket.
The Australian dollar hit a one-month high on Wednesday as economists breathed a sigh of relief following the release of weak but as-expected first-quarter GDP growth figures.
The possibility of a hung parliament unnerved markets on Thursday.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.7533 | 0.7528 | -0.0014fall | -0.19% fall |
AUD/EUR | 0.6735 | 0.6729 | 0.0005rise | 0.07% rise |
Updated: June 9, 2017 - 9:50AM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 569,565,635 | 312,489,769 | 139,843 |
Industrial | 435,356,165 | 108,072,393 | 112,181 |
Mining | 133,629,793 | 204,388,115 | 27,373 |
Code | Name | New Highs | Last Week | Last Month |
---|---|---|---|---|
AYD | AMYF ONE LTD | 1.550rise | 1.298 | 1.298 |
GSW | GETSWIFT LIMITED | 1.000rise | 0.880 | 0.915 |
QAN | QANTAS AIRWAYS | 5.300rise | 5.175 | 5.070 |
Updated: June 9, 2017 - 10:36AM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
VKA | VIKING MINES LTD | 0.012fall | 0.015 | 0.013 |
KZR | KALAMAZOO RESOURCES | 0.090fall | 0.110 | 0.110 |
YOW | YOWIE GROUP | 0.305fall | 0.350 | 0.370 |
LCA | LITIGATION CAP LTD | 0.460fall | 0.510 | 0.490 |
S2R | S2 RESOURCES | 0.155fall | 0.170 | 0.160 |
MYX | MAYNE PHARMA LTD | 0.990fall | 1.062 | 1.040 |
AHX | APIAM ANIMAL HEALTH | 0.620fall | 0.665 | 0.665 |
SFG | SEAFARMS GROUP LTD | 0.058fall | 0.062 | 0.065 |
AXP | AIRXPANDERS, INC. | 0.670fall | 0.700 | 0.785 |
SFH | SPECIALTY FASHION | 0.365fall | 0.380 | 0.390 |
Updated: June 9, 2017 - 10:36AM |
Company | Security Code | Float date | Issue $ |
---|---|---|---|
Alderan Resources Limited | AL8 | 09/06/2017 | 0.20 |
Australia WeTouch Technology Limited | AWT | 31/07/2017 | 0.40 |
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 |
Galena Mining Limited | G1A | 10/07/2017 | 0.20 |
Golden Mile Resources Ltd | G88 | 29/05/2017 | 0.20 |
Imagion Biosystems Limited | IBX | 30/05/2017 | 0.20 |
Kelly Partners Group Holdings Limited | KPG | 20/06/2017 | 1.00 |
Oliver's Real Food Limited | OLI | 14/06/2017 | 0.30 |
WAM Microcap Limited | WMI | 28/06/2017 | 1.10 |
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