Markets Live: 'Alarming trend' - banks under fire
Shares struggle in early trade, with losses in bank stocks weighing on sentiment as investors fret about another tax
Shares struggle in early trade, with losses in bank stocks weighing on sentiment as investors fret about another tax
The Gulf state's bid for a 10 pc stake comes amid allegations of unfair competition and terrorism funding.
The Australian sharemarket is set to inch higher at the open after a calm night on Wall Street.
The 34 largest US banks have all cleared the first stage of an annual stress test, according to the Federal Reserve.
​Bank of England policymaker Kristin Forbes said she feared the pound's weakness would have a lasting effect on inflation.
Mexico's central bank raised borrowing costs for a seventh straight time as the country's annual inflation rate surged.
Warren Buffett has come to the rescue of embattled Canadian lender Home Capital with a $2 billion loan facility.
Iron ore's demand-driven price surge last year is increasingly looking like an aberration.
With Australian companies more expensive than regional peers, it makes less sense for global investors to sink money into the ASX.
Shares rebounded strongly from Wednesday's thrashing, while late news of a state-based bank tax undercut solid bank gains.
Psychopaths may have some advantage in climbing the corporate ladder, but once at the top they do shareholders no favours.
As if investors didn't have enough to fret about, the threat of a disorderly fall in the price of the world's most important commodity is spooking markets.
The Australian dollar hit a two-month high on Thursday, boosted by positive local jobs data and a fall in the greenback after weak US inflation data.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.7548 | 0.7547 | 0.0006rise | 0.08% rise |
AUD/EUR | 0.6766 | 0.6763 | 0.0003rise | 0.04% rise |
Updated: June 23, 2017 - 12:19PM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 1,679,198,700 | 907,835,920 | 446,148 |
Industrial | 1,349,586,455 | 478,564,041 | 374,488 |
Mining | 320,112,478 | 429,193,138 | 70,652 |
Code | Name | New Highs | Last Week | Last Month |
---|---|---|---|---|
MPW | MSL SOLUTIONS LTD | 0.320rise | 0.250 | 0.270 |
EQE | EQUUS MINING LTD | 0.031rise | 0.025 | 0.020 |
PAC | PACIFIC GRP LTD | 6.880rise | 6.270 | 6.120 |
SNL | SUPPLY NETWORK | 2.610rise | 2.400 | 2.300 |
BWX | BWX LIMITED | 5.820rise | 5.440 | 5.540 |
APX | APPEN LIMITED | 4.000rise | 3.820 | 3.830 |
HUB | HUB24 LTD | 6.300rise | 6.120 | 5.880 |
IXJ | ISHS GLOB HEALTH ETF | 148.000rise | 144.200 | 144.000 |
FLT | FLIGHT CENTRE TRAVEL | 38.470rise | 37.530 | 37.740 |
CEN | CONTACT ENERGY LTD | 5.070rise | 4.970 | 4.890 |
Updated: June 23, 2017 - 12:22PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
PEZ | PREMIERE EASTERN ENE | 0.008fall | 0.020 | 0.020 |
LHB | LIONHUB GROUP LTD | 0.040fall | 0.070 | 0.065 |
AOK | AUSTEX OIL LIMITED | 0.011fall | 0.016 | 0.018 |
1AG | ALTERRA LIMITED | 0.021fall | 0.026 | 0.026 |
SER | STRATEGIC ENERGY | 0.005fall | 0.006 | 0.007 |
RXH | REWARDLE HOLDING LTD | 0.013fall | 0.015 | 0.016 |
DRX | DIATREME RESOURCES | 0.007fall | 0.008 | 0.008 |
HIL | HILLS LTD | 0.155fall | 0.170 | 0.170 |
MJP | MARTIN AIRCRAFT LTD | 0.055fall | 0.060 | 0.083 |
OLV | OTHERLEVELS HOLDINGS | 0.025fall | 0.027 | 0.028 |
Updated: June 23, 2017 - 12:20PM |
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 |
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 |
Sienna Cancer Diagnostics Limited | SDX | 02/08/2017 | 0.20 |
WAM Microcap Limited | WMI | 28/06/2017 | 1.10 |
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