Markets Live: UK cliffhanger sparks 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.
A sell-off in technology shares spoiled an otherwise buoyant day in the US stock market as companies from Apple to Nvidia tumbled.
Shares suffered their worst weekly loss of the year, as investors were kept on the back foot amid gathering unease around the Australian economy and after another shock poll result in the UK.
The impact of the British election for global investors comes down to one simple question.
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 $US1 in 2015, but dynamics are at play that could drive it back to 'historic lows', a visiting US economist believes.
Shares nudged higher thanks to some buying in the banks, but slides in Telstra and energy stocks as well as investor caution kept a cap on gains.
Facebook. Amazon. Apple. Netflix. Google. Not only do they dominate our daily lives, but as their stocks continue to soar, these technology giants may be dictating our financial futures as well.
For all the talk of a beaten consumer, various service sectors contributed some of the most robust performances in Wednesday's 0.3 per cent GDP figures.
The possibility of a hung parliament unnerved markets on Thursday.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.7535 | 0.7526 | -0.0016fall | -0.21% fall |
AUD/EUR | 0.6732 | 0.672 | -0.0004fall | -0.06% fall |
Updated: June 10, 2017 - 6:59AM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 4,537,327,561 | 1,536,439,495 | 1,120,117 |
Industrial | 3,443,752,022 | 669,416,070 | 907,924 |
Mining | 1,078,596,209 | 866,669,834 | 209,229 |
Code | Name | New Highs | Last Week | Last Month |
---|---|---|---|---|
BBX | BBX MINERALS LTD | 0.310rise | 0.190 | 0.084 |
RTR | RUMBLE RES LIMITED | 0.036rise | 0.026 | 0.026 |
AYD | AMYF ONE LTD | 1.700rise | 1.298 | 1.298 |
AAR | ANGLO AUSTRALIAN | 0.050rise | 0.040 | 0.045 |
NWE | NORWEST ENERGY NL | 0.005rise | 0.004 | 0.004 |
RDH | REDHILL EDUCATION | 1.380rise | 1.150 | 1.150 |
GSW | GETSWIFT LIMITED | 1.000rise | 0.880 | 0.915 |
TIA | TIAN AN AUST LIMITED | 0.955rise | 0.860 | 0.950 |
MFG | MAGELLAN FIN GRP LTD | 27.750rise | 25.905 | 25.915 |
CUA | CENTURIA URBAN REIT | 2.500rise | 2.360 | 2.360 |
Updated: June 9, 2017 - 6:50PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
AIY | AUTHORISED INVEST. | 0.013fall | 0.024 | 0.024 |
M7T | MACH7 TECH LIMITED | 0.110fall | 0.175 | 0.175 |
NAE | NEW AGE EXPLORATION | 0.008fall | 0.012 | 0.011 |
PZC | PAN ASIA CORP LTD | 0.002fall | 0.003 | 0.003 |
MGC | MG UNIT TRUST | 0.620fall | 0.872 | 0.875 |
MTH | MITHRIL RESOURCES | 0.003fall | 0.004 | 0.004 |
WCN | WHITE CLIFF MIN LTD | 0.003fall | 0.004 | 0.004 |
AWN | AROWANA INTERNAT LTD | 0.400fall | 0.520 | 0.505 |
AER | AEERIS LTD | 0.040fall | 0.050 | 0.041 |
LRS | LATIN RESOURCES LTD | 0.004fall | 0.005 | 0.004 |
Updated: June 9, 2017 - 4:42PM |
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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