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 0.7619 0.7617 0.0082rise 1.09% rise
AUD/EUR 0.6757 0.6754 0.0034rise 0.51% rise
Updated: June 15, 2017 - 1:30AM

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 7,012,377,923 2,252,862,777 1,411,665
Industrial 5,618,679,509 1,100,833,986 1,164,428
Mining 1,355,545,492 1,151,610,668 239,823
Last updated: June 14, 2017 - 5:55PM

ASX - 52 Weeks Highs

Code Name New Highs Last Week Last Month
ENT ENTERPRISE METALS 0.054rise 0.035 0.045
PPP PAN PACIFIC PETROL. 0.037rise 0.028 0.030
EQE EQUUS MINING LTD 0.020rise 0.019 0.020
TIA TIAN AN AUST LIMITED 1.000rise 0.955 0.950
FOR FORAGER AUST SHS FND 2.040rise 2.010 2.040
GDI GDI PROPERTY GRP 1.060rise 1.060 1.055
MEQ METLIFECARE LTD 0.000rise 0.000 0.000
NGE NGE CAPITAL LIMITED 0.450rise 0.450 0.430
TLT TILT RENEWABLES LTD. 0.000rise 0.000 0.000
TES TEST SECURITY 0.000rise 0.000 0.000
Updated: June 14, 2017 - 6:50PM

ASX - 52 Weeks Lows

Code Name New Lows Last Week Last Month
BDI BLINA MINERALS NL 0.001fall 0.002 0.001
WRG WATER RES GRP LTD 0.001fall 0.002 0.001
CMY CAPITAL MINING 0.006fall 0.008 0.009
ABL ABILENE OIL & GAS 0.007fall 0.009 0.008
ADY ADMIRALTY RESOURCES. 0.004fall 0.005 0.005
KKL KOLLAKORN CORP LTD 0.004fall 0.005 0.005
EVE EVE INVESTMENTS LTD 0.005fall 0.006 0.006
ZMI ZINC OF IRELAND NL 0.005fall 0.006 0.007
SRO SHAREROOT LTD 0.005fall 0.006 0.006
MNM MANTLE MINING CORP. 0.006fall 0.007 0.006
Updated: June 14, 2017 - 6:50PM

Floats & IPOs

Upcoming IPOs
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
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