Business

Movers

Eight ASX stocks activists should target

Active investing has delivered an annualised return of 7.4 per cent.

There is $27 billion worth of extra value waiting to be unlocked from eight ASX-listed stocks, says Credit Suisse, and activist investors are the ones with the keys.

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.

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

ASX set for a cautious start

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.

Currencies

Wholesale Interbank Rates
Currencies Buys ($AU1) Sells ($AU1) $ Mvmt % Mvmt
AUD/USD 0.7558 0.7555 0.0020rise 0.27% rise
AUD/EUR 0.6737 0.6732 0.0012rise 0.18% rise
Updated: June 14, 2017 - 4:50PM

Market Details

Volatility S&P;/ASX 200 VIX
Price
11.56
Change in
-0.8150fall
Percentage up/down
(-6.58%) fall
Today's market compared to previous close
Turnover
Sector Turnover ($AU) Volume Trades
Market total 7,011,657,744 2,252,760,551 1,411,703
Industrial 5,617,959,827 1,100,732,048 1,164,458
Mining 1,355,545,492 1,151,610,668 239,836
Last updated: June 14, 2017 - 4:50PM

ASX - 52 Weeks Highs

Code Name New Highs Last Week Last Month
AL8 ALDERAN RESOURCE LTD 0.495rise 0.390 0.000
CAJ CAPITOL HEALTH 0.250rise 0.210 0.200
ENX ENEGEX LIMITED 0.025rise 0.021 0.022
FWD FLEETWOOD CORP 2.490rise 2.210 2.190
ELS ELSIGHT LTD 0.180rise 0.160 0.000
AIZ AIR NEW ZEALAND 3.100rise 2.870 2.760
PNI PINNACLE INVESTMENT 2.770rise 2.590 2.420
GFL GLOBAL MASTERS FUND 2.270rise 2.140 2.150
PAR PARADIGM BIO. 0.720rise 0.680 0.680
BXN BIOXYNE LTD 0.021rise 0.020 0.018
Updated: June 14, 2017 - 4:11PM

ASX - 52 Weeks Lows

Code Name New Lows Last Week Last Month
ATT ANTE REAL ESTATE TST 0.012fall 0.030 0.030
VPR VOLT POWER GROUP 0.002fall 0.005 0.005
MGZ MEDIGARD LIMITED 0.009fall 0.016 0.015
LCM LOGICAMMS LIMITED 0.175fall 0.250 0.280
8CO 8COMMON LIMITED 0.031fall 0.041 0.040
MJP MARTIN AIRCRAFT LTD 0.060fall 0.078 0.083
OAR OAKDALE RESOURCE LTD 0.048fall 0.060 0.058
LVE LOVE GROUP GLOBAL 0.180fall 0.220 0.220
GTE GREAT WESTERN EXP. 0.010fall 0.012 0.013
ICT ICOLLEGE LIMITED 0.017fall 0.020 0.020
Updated: June 14, 2017 - 4:13PM

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