Markets Live: Strong week for the ASX
Shares lose most of their early gains but remain on track for their best week in two months as investors snap up some bargains.
Shares lose most of their early gains but remain on track for their best week in two months as investors snap up some bargains.
US stocks eked out a gain, while the greenback weakened after poor housing data and a slump in consumer sentiment.
Australian shares posted their strongest weekly advance in more than two months, led by a rebound in the big banks.
They've soared higher than the mines at the peak of the iron ore price surge. Faster than the bank stocks as the Trump trade inflated the world's financial stocks. And they've done better than utilities and other defensives as the economy slowed down.
The world's second-biggest bond manager is advising clients to seek out the "Australian Dream" ... on the other side of the world.
​US technology stocks slid again overnight, led by declines in heavyweights Apple and Alphabet.
The local sharemarket is set for a bright start to the last day of the trading week, with futures pointing to a 20-point gain at the open.
China's holdings of US Treasuries rose for a third straight month in April, reaching the highest in six months.
Oil slid overnight as rising US supplies cast doubt on the pace of a global supply glut-reduction.
​The Bank of England shocked financial markets when it said three of its policymakers voted for an interest rate hike.
The ASX's strong two-day rally came to an abrupt end, as weak oil and the US rate hike proved reason enough for shares to retrace some of their recent gains.
The Australian dollar hit a two-month high on Thursday, boosted by positive local jobs data and a fall in the greenback after weak US inflation data.
The Australian dollar hit a two-month high on Thursday, boosted by positive local jobs data and a fall in the greenback after weak US inflation data.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.7625 | 0.7616 | 0.0040rise | 0.53% rise |
AUD/EUR | 0.6811 | 0.68 | -0.0001fall | -0.01% fall |
Updated: June 17, 2017 - 7:01AM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 7,079,803,454 | 2,376,081,361 | 1,075,772 |
Industrial | 5,096,009,167 | 1,016,751,913 | 879,578 |
Mining | 1,975,253,332 | 1,359,123,501 | 193,596 |
Code | Name | New Highs | Last Week | Last Month |
---|---|---|---|---|
EQE | EQUUS MINING LTD | 0.025rise | 0.019 | 0.020 |
CAJ | CAPITOL HEALTH | 0.265rise | 0.210 | 0.200 |
ELS | ELSIGHT LTD | 0.200rise | 0.160 | 0.000 |
RND | RAND MINING LTD | 2.950rise | 2.470 | 2.150 |
A2M | THE A2 MILK COMPANY | 3.690rise | 3.340 | 3.590 |
BTC | BIOTECH CAPITAL | 0.160rise | 0.145 | 0.145 |
IEL | IDP EDUCATION LTD | 5.110rise | 4.640 | 4.825 |
PNI | PINNACLE INVESTMENT | 2.850rise | 2.590 | 2.420 |
MLB | MELBOURNE IT LIMITED | 3.010rise | 2.760 | 2.640 |
QAN | QANTAS AIRWAYS | 5.640rise | 5.320 | 5.070 |
Updated: June 16, 2017 - 6:50PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
PAR | PARADIGM BIO. | 0.230fall | 0.635 | 0.490 |
VPR | VOLT POWER GROUP | 0.002fall | 0.005 | 0.005 |
WRG | WATER RES GRP LTD | 0.001fall | 0.002 | 0.001 |
NIU | NIUMINCO GROUP LTD | 0.001fall | 0.002 | 0.002 |
SPB | SOUTH PACIFIC RES | 0.015fall | 0.029 | 0.030 |
RGP | REFRESH GROUP | 0.035fall | 0.055 | 0.050 |
TOM | TOMIZONE LIMITED | 0.018fall | 0.025 | 0.025 |
SVA | SIMAVITA LTD | 0.030fall | 0.040 | 0.037 |
OBL | OIL BASINS LIMITED | 0.003fall | 0.004 | 0.004 |
OEX | OILEX LTD | 0.003fall | 0.004 | 0.005 |
Updated: June 16, 2017 - 6:50PM |
Company | Security Code | Float date | Issue $ |
---|---|---|---|
Afterpay Touch Group Limited | APT | 29/06/2017 | 0.00 |
Australia WeTouch Technology Limited | AWT | 31/07/2017 | 0.40 |
Contango Global Growth Limited | CQG | 23/06/2017 | 1.10 |
Eagle Health Holdings Limited | EHH | 29/06/2017 | 0.40 |
ELMO Software Limited | ELO | 29/06/2017 | 2.00 |
Galena Mining Limited | G1A | 10/07/2017 | 0.20 |
Kelly Partners Group Holdings Limited | KPG | 21/06/2017 | 1.00 |
Oliver's Real Food Limited | OLI | 14/06/2017 | 0.30 |
Sienna Cancer Diagnostics Limited | SDX | 02/08/2017 | 0.20 |
WAM Microcap Limited | WMI | 28/06/2017 | 1.10 |