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Markets Live: ASX blows past 5800

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Broad, bank-led gains have pushed the ASX 200 index back past 5800 points as investors extend yesterday's powerful session, ahead of key consumer confidence and Chinese activity data.

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 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.

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.

Currencies

Wholesale Interbank Rates
Currencies Buys ($AU1) Sells ($AU1) $ Mvmt % Mvmt
AUD/USD 0.7541 0.7536 0.0001rise 0.01% rise
AUD/EUR 0.6722 0.672 0.0000steady 0.00% steady
Updated: June 14, 2017 - 9:00AM

Market Details

Volatility S&P;/ASX 200 VIX
Price
12.22
Change in
-0.1580fall
Percentage up/down
(-1.28%) fall
Today's market compared to previous close
Turnover
Sector Turnover ($AU) Volume Trades
Market total 1,106,753,616 617,910,928 281,568
Industrial 869,679,866 212,104,349 229,366
Mining 233,999,791 405,734,427 50,568
Last updated: June 14, 2017 - 9:03AM

ASX - 52 Weeks Highs

Code Name New Highs Last Week Last Month
CAJ CAPITOL HEALTH 0.250rise 0.210 0.200
ENX ENEGEX LIMITED 0.025rise 0.021 0.022
AL8 ALDERAN RESOURCE LTD 0.450rise 0.390 0.000
ELS ELSIGHT LTD 0.180rise 0.160 0.000
AIZ AIR NEW ZEALAND 3.060rise 2.870 2.760
BXN BIOXYNE LTD 0.021rise 0.020 0.018
SGM SIMS METAL MGMT LTD 14.450rise 13.940 13.850
QAN QANTAS AIRWAYS 5.490rise 5.320 5.070
MND MONADELPHOUS GROUP 14.130rise 13.700 13.190
CSL CSL LIMITED 140.460rise 136.500 136.850
Updated: June 14, 2017 - 9:03AM

ASX - 52 Weeks Lows

Code Name New Lows Last Week Last Month
VPR VOLT POWER GROUP 0.002fall 0.005 0.005
LCM LOGICAMMS LIMITED 0.175fall 0.250 0.280
TON TRITON MIN LTD 0.041fall 0.048 0.051
HXG HEXAGON RESOURCES 0.100fall 0.115 0.120
MJP MARTIN AIRCRAFT LTD 0.069fall 0.078 0.083
THD THRED LIMITED 0.009fall 0.010 0.013
FFG FATFISH INTERNET GRP 0.009fall 0.010 0.011
FE8 FASTER ENTERPRISES 0.100fall 0.110 0.110
TYX TYRANNA RES LTD 0.020fall 0.022 0.022
ADH ADAIRS LIMITED 0.580fall 0.625 0.660
Updated: June 14, 2017 - 8:59AM

Floats & IPOs

Upcoming IPOs
Company Security Code Float date Issue $
Australia WeTouch Technology Limited AWT 30/07/2017 0.40
Biomics Biopharma Limited BBM 01/06/2017 0.20
Bryah Resources Limited BYH 30/05/2017 0.20
Contango Global Growth Limited CQG 22/06/2017 1.10
Eagle Health Holdings Limited EHH 28/06/2017 0.40
Galena Mining Limited G1A 09/07/2017 0.20
Golden Mile Resources Ltd G88 28/05/2017 0.20
Kelly Partners Group Holdings Limited KPG 19/06/2017 1.00
Oliver's Real Food Limited OLI 13/06/2017 0.30
WAM Microcap Limited WMI 27/06/2017 1.10