Business

Movers

Markets Live: Banks trump tech

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Investors ignored a mini US tech-wreck and ploughed into the big banks, helping the ASX record its best session in seven months, supported by upbeat business confidence data.

ASX has best day in seven months

Ansell found some support from Morgan Stanley this week, sending its shares soaring.

The ASX dodged the US mini-tech-wreck, surging to its best day in seven months, as investors flooded back into beaten-up bank stocks.

FOMO 'is putting the economy at risk'

In Australia, short-term plays have been behind the see-saw performances of the big four banks.

Tim Samway of Hyperion Asset Management says fear of missing out has led to high risks for the Australian economy as a whole due to overexposure to the heavyweight banking sector.

ASX set for a cautious start

The S&P 600 technology sector slumped 2.7 per cent, its biggest one-day drop since May 17, and wiped nearly $US100 ...

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.

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Energy was the week's worst performing corner of the ASX.

ASX suffers worst week of 2017

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.

BP's total bill for fines and clean up costs related to the 2010 Deepwater Horizon oil disaster has topped $US62 billion ...

Seven years after oil spill, BP's rating lifted

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.

Currencies

Wholesale Interbank Rates
Currencies Buys ($AU1) Sells ($AU1) $ Mvmt % Mvmt
AUD/USD 0.7548 0.7546 0.0007rise 0.09% rise
AUD/EUR 0.6736 0.673 0.0002rise 0.03% rise
Updated: June 13, 2017 - 5:40PM

Market Details

Volatility S&P;/ASX 200 VIX
Price
12.38
Change in
-0.3620fall
Percentage up/down
(-2.84%) fall
Today's market compared to previous close
Turnover
Sector Turnover ($AU) Volume Trades
Market total 5,869,141,173 1,793,663,514 1,387,925
Industrial 4,719,864,671 825,501,074 1,138,924
Mining 1,134,569,052 967,913,258 243,973
Last updated: June 13, 2017 - 5:46PM

ASX - 52 Weeks Highs

Code Name New Highs Last Week Last Month
OMT OMNI MARKET 0.030rise 0.015 0.015
ENT ENTERPRISE METALS 0.054rise 0.035 0.045
PPP PAN PACIFIC PETROL. 0.037rise 0.028 0.030
BBX BBX MINERALS LTD 0.400rise 0.310 0.084
AL8 ALDERAN RESOURCE LTD 0.430rise 0.390 0.000
ELS ELSIGHT LTD 0.175rise 0.160 0.000
RTR RUMBLE RES LIMITED 0.039rise 0.036 0.026
FWD FLEETWOOD CORP 2.390rise 2.210 2.190
ALL ARISTOCRAT LEISURE 23.980rise 22.720 21.980
TIA TIAN AN AUST LIMITED 1.000rise 0.955 0.950
Updated: June 13, 2017 - 4:39PM

ASX - 52 Weeks Lows

Code Name New Lows Last Week Last Month
YHL YANGHAO INT LTD 0.022fall 0.032 0.025
LCM LOGICAMMS LIMITED 0.180fall 0.250 0.280
8CO 8COMMON LIMITED 0.032fall 0.041 0.040
ADY ADMIRALTY RESOURCES. 0.004fall 0.005 0.005
ZMI ZINC OF IRELAND NL 0.005fall 0.006 0.007
CR8 CRE8TEK LIMITED 0.026fall 0.031 0.027
MTL MANALTO LTD 0.011fall 0.013 0.015
VRX VENTNOR RES LTD 0.011fall 0.013 0.012
NAG NAGAMBIE RESOURCES 0.040fall 0.047 0.048
PXS PHARMAXIS LTD 0.227fall 0.265 0.260
Updated: June 13, 2017 - 5:08PM

Floats & IPOs

Upcoming IPOs
Company Security Code Float date Issue $
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
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