Markets Live: Moody's unsettles banks
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Shares end the session lower as investors grow more cautious around the lenders after a ratings agency downgrade, while falling oil and bond prices hit energy and listed property stocks.
Shares end the session lower as investors grow more cautious around the lenders after a ratings agency downgrade, while falling oil and bond prices hit energy and listed property stocks.
Another record close on Wall Street didn't help the local sharemarket, as investors took profits in the big banks and sold off property stocks.
If you're going to pick a global tech stock, Franklin Templeton suggests ignoring Amazon and Facebook and look to Samsung.
The S&P;/ASX200 will shed 10 per cent of its value over the next year, according to Morgan Stanley. But a falling market needn't spell disaster.
Overnight, the equity bulls were back on the march, but locally, shares are set to open largely unchanged.
New York Fed boss William Dudley said he's "very confident" in the outlook for the US economy.
Goldman Sachs has excluded Facook, Amazon, Apple, Microsoft and Alphabet from a new best risk v reward basket of stocks.
Months after kicking off the bid to win control of Spotless, a slow flow of acceptances makes calling victory for Downer a big call
Supermarket chains and retailers provided plenty of drag to the ASX, which nonetheless closed higher on banks.
Short sellers have brutalised silver in recent months and the precious medal has decoupled from gold.
By 2030, two out of every three dollars earned in Australia will accrue to those who reached adulthood in the digital age.
Spotless and Slater & Gordon are candidates for tax loss selling on the ASX this week, given the ASX is up 10 per cent this year.
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 | 0.7601 | 0.76 | 0.0006rise | 0.08% rise |
AUD/EUR | 0.6819 | 0.6817 | 0.0007rise | 0.10% rise |
Updated: June 20, 2017 - 9:30PM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 5,262,000,604 | 1,884,398,046 | 1,147,243 |
Industrial | 4,188,818,455 | 950,317,729 | 950,459 |
Mining | 1,034,242,150 | 933,780,942 | 193,340 |
Code | Name | New Highs | Last Week | Last Month |
---|---|---|---|---|
BUL | BLUE ENERGY LIMITED | 0.066rise | 0.054 | 0.060 |
BIG | BIG UN LTD | 0.880rise | 0.750 | 0.790 |
OLH | OLDFIELDS HOLDINGS | 0.049rise | 0.043 | 0.040 |
SGC | SACGASCO LTD | 0.085rise | 0.076 | 0.076 |
TBH | TOPBETTA HLDING LTD | 0.290rise | 0.260 | 0.215 |
PFG | PRIME FINANCIAL | 0.150rise | 0.135 | 0.130 |
MPW | MSL SOLUTIONS LTD | 0.275rise | 0.250 | 0.270 |
PAC | PACIFIC GRP LTD | 6.800rise | 6.270 | 6.120 |
SW1 | SWIFT NETWORKS GROUP | 0.295rise | 0.275 | 0.270 |
PEP | PEPPER GROUP LTD | 3.500rise | 3.350 | 3.150 |
Updated: June 20, 2017 - 6:50PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
VMY | VIMY RESOURCES LTD | 0.105fall | 0.145 | 0.180 |
BCL | BARALABA COAL LTD | 0.315fall | 0.430 | 0.420 |
TZL | TZ LIMITED | 0.022fall | 0.030 | 0.034 |
TCN | TECHNICHE LIMITED. | 0.040fall | 0.054 | 0.054 |
PBX | PACIFIC BAUXITE LTD | 0.013fall | 0.017 | 0.018 |
EGL | ENVIRONMENTAL GROUP | 0.015fall | 0.019 | 0.020 |
GRV | GREENVALE ENERGY LTD | 0.024fall | 0.030 | 0.029 |
IOT | IOT GROUP LIMITED | 0.012fall | 0.015 | 0.016 |
PWN | PARKWAY MINLS NL | 0.008fall | 0.010 | 0.011 |
ZMI | ZINC OF IRELAND NL | 0.004fall | 0.005 | 0.007 |
Updated: June 20, 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 |
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