Markets Live: UK cliffhanger sparks wobbles
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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.
Australian investors are bracing for a tough week, following a dramatic sell-off in US and Asian tech stocks and as the surprise election result in the UK increases uncertainty.
An anonymous fan of Warren Buffett agreed to pay $3.5 million at an online charity auction to have lunch with the billionaire chairman of Berkshire Hathaway.
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 $US1 in 2015, but dynamics are at play that could drive it back to 'historic lows', a visiting US economist believes.
Shares nudged higher thanks to some buying in the banks, but slides in Telstra and energy stocks as well as investor caution kept a cap on gains.
The possibility of a hung parliament unnerved markets on Thursday.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.753 | 0.7525 | -0.0001fall | -0.01% fall |
AUD/EUR | 0.672 | 0.6713 | -0.0003fall | -0.04% fall |
Updated: June 12, 2017 - 5:10PM |
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 |
---|---|---|---|---|
AAR | ANGLO AUSTRALIAN | 0.050rise | 0.050 | 0.045 |
AIV | ACTIVEX LIMITED | 0.145rise | 0.145 | 0.145 |
AL8 | ALDERAN RESOURCE LTD | 0.390rise | 0.390 | 0.000 |
AYD | AMYF ONE LTD | 1.700rise | 1.700 | 1.298 |
BBX | BBX MINERALS LTD | 0.310rise | 0.310 | 0.084 |
CNI | CENTURIA CAPITAL | 1.250rise | 1.250 | 1.250 |
CUA | CENTURIA URBAN REIT | 2.500rise | 2.500 | 2.360 |
CWY | CLEANAWAY WASTE LTD | 1.425rise | 1.425 | 1.392 |
CXX | CRADLE RESOURCES LTD | 0.325rise | 0.325 | 0.325 |
FGG | FUTURE GLB INVEST CO | 1.100rise | 1.100 | 1.090 |
Updated: June 9, 2017 - 6:50PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
4CE | FORCE COM LTD | 0.016fall | 0.016 | 0.017 |
AB1 | ANIMOCA BRANDS CORP | 0.023fall | 0.023 | 0.025 |
ABV | ADV BRAKING TECH LTD | 0.005fall | 0.005 | 0.005 |
ACG | ATCOR MEDICAL | 0.035fall | 0.035 | 0.040 |
ADH | ADAIRS LIMITED | 0.625fall | 0.625 | 0.660 |
ADJ | ADSLOT LTD | 0.052fall | 0.052 | 0.055 |
ADO | ANTEO DIAGNOSTICS | 0.023fall | 0.023 | 0.026 |
ADY | ADMIRALTY RESOURCES. | 0.005fall | 0.005 | 0.005 |
AER | AEERIS LTD | 0.040fall | 0.040 | 0.041 |
AHQ | ALLEGIANCE COAL LTD | 0.020fall | 0.020 | 0.020 |
Updated: June 9, 2017 - 5:39PM |
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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