Markets Live: SA bank levy spoils party
Shares post decent gains for the day, rebounding from yesterday's outsized losses, but news of a state bank levy was a dampener.
Shares post decent gains for the day, rebounding from yesterday's outsized losses, but news of a state bank levy was a dampener.
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.
Qatar Airways has expressed interest in buying up to 10 per cent of American Airlines, an unsolicited approach.
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 | 0.7541 | 0.754 | -0.0001fall | -0.01% fall |
AUD/EUR | 0.6764 | 0.6762 | 0.0002rise | 0.03% rise |
Updated: June 23, 2017 - 8:50AM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 4,823,462,166 | 1,690,300,354 | 1,140,467 |
Industrial | 3,919,942,548 | 787,493,901 | 957,861 |
Mining | 873,277,157 | 902,534,877 | 179,171 |
Code | Name | New Highs | Last Week | Last Month |
---|---|---|---|---|
KNM | KNEOMEDIA LIMITED | 0.025rise | 0.019 | 0.017 |
BUL | BLUE ENERGY LIMITED | 0.069rise | 0.054 | 0.060 |
MPW | MSL SOLUTIONS LTD | 0.305rise | 0.250 | 0.270 |
AIV | ACTIVEX LIMITED | 0.150rise | 0.130 | 0.145 |
AQZ | ALLIANCE AVIATION | 1.000rise | 0.920 | 0.920 |
SNL | SUPPLY NETWORK | 2.600rise | 2.400 | 2.300 |
SVM | SOVEREIGN METALS | 0.145rise | 0.135 | 0.140 |
GNE | GENESIS ENERGY LTD | 2.400rise | 2.270 | 2.200 |
CMA | CENTURIA METRO REIT | 2.600rise | 2.490 | 2.580 |
NZK | NZK SALMON LTD | 1.400rise | 1.350 | 1.295 |
Updated: June 22, 2017 - 6:50PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
CAI | CALIDUS RESOURCES | 0.019fall | 0.300 | 0.300 |
KBU | KABUNI LTD | 0.004fall | 0.010 | 0.007 |
MPE | MAGNUM GAS & POWER | 0.001fall | 0.002 | 0.002 |
TEX | TARGET ENERGY | 0.001fall | 0.002 | 0.001 |
OAR | OAKDALE RESOURCE LTD | 0.028fall | 0.048 | 0.058 |
TMK | TAMASKA OIL GAS LTD | 0.002fall | 0.003 | 0.003 |
GGX | GAS2GRID LIMITED | 0.002fall | 0.003 | 0.003 |
IOT | IOT GROUP LIMITED | 0.011fall | 0.015 | 0.016 |
AOK | AUSTEX OIL LIMITED | 0.012fall | 0.016 | 0.018 |
RBO | ROBO 3D LTD | 0.055fall | 0.072 | 0.067 |
Updated: June 22, 2017 - 4:11PM |
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 |
Sienna Cancer Diagnostics Limited | SDX | 02/08/2017 | 0.20 |
WAM Microcap Limited | WMI | 28/06/2017 | 1.10 |
Save articles for later.
Subscribe for unlimited access to news. Login to save articles.
Return to the homepage by clicking on the site logo.