Markets Live: ASX slides below 5700
The ASX has dropped below 5700 points in early trade, amid broad-based losses that are offsetting gains in the big banks.
The ASX has dropped below 5700 points in early trade, amid broad-based losses that are offsetting gains in the big banks.
Gold sank like a stone at 9am in London after a huge spike in volume in New York futures, seen as the result of a bad order.
China may finally be ready to cut the cord when it comes to the country's troubled local government financing vehicles.
The ASX looks poised to drift at the open after receiving little direction from overseas.
The US dollar rebounded against the euro after the European Central Bank chief defended the bank's easy monetary policy.
Australian companies hunting for bespoke debt deals are finding willing lenders in the Americas.
On a day relatively lacking in big-ticket corporate or economic news, investors were free to concentrate on a Fairfax investigation into retirement village operator Aveo.
The rapid 250 basis point rise in domestic interest rates that would leave Australian households facing a mammoth debt servicing burden is unlikely to occur, economists said.
The BIS has warned that Australian households are among the most vulnerable to a sharp rise in global interest rates.
Global banking watchdog says warning lights are flashing red as debt ratios rise and the Fed in US lifts interest rates.
Local shares are set to start the week on a tepid note after Wall Street inched higher on Friday.
Eurozone stocks are in favour and Macron's victory has only added to the region's popularity, but that makes it particularly vulnerable for profit taking.
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 | 0.7586 | 0.7585 | 0.0003rise | 0.04% rise |
AUD/EUR | 0.6782 | 0.678 | 0.0001rise | 0.01% rise |
Updated: June 27, 2017 - 11:20AM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 1,021,607,859 | 708,985,229 | 257,342 |
Industrial | 818,317,879 | 303,591,501 | 213,586 |
Mining | 194,484,229 | 405,318,023 | 42,645 |
Code | Name | New Highs | Last Week | Last Month |
---|---|---|---|---|
EUC | EUROPEAN COBALT LTD | 0.090rise | 0.080 | 0.071 |
NZK | NZK SALMON LTD | 1.520rise | 1.400 | 1.295 |
MPW | MSL SOLUTIONS LTD | 0.345rise | 0.320 | 0.270 |
ALQ | ALS LTD | 7.790rise | 7.255 | 6.950 |
PFG | PRIME FINANCIAL | 0.180rise | 0.170 | 0.130 |
IBX | IMAGION BIOSYS LTD | 0.200rise | 0.190 | 0.000 |
BLA | BLUE SKY LIMITED | 9.480rise | 9.060 | 8.210 |
FLT | FLIGHT CENTRE TRAVEL | 39.500rise | 38.470 | 37.740 |
AQZ | ALLIANCE AVIATION | 1.020rise | 1.000 | 0.920 |
ITW | ISHS MSCI TW CAP ETF | 48.000rise | 47.120 | 47.190 |
Updated: June 27, 2017 - 11:24AM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
IIL | INNATE IMMUNO | 0.031fall | 0.635 | 0.560 |
RAW | RAWSON OIL & GAS LTD | 0.020fall | 0.044 | 0.044 |
PMY | PACIFICO MIN LTD | 0.004fall | 0.005 | 0.005 |
CMY | CAPITAL MINING | 0.005fall | 0.006 | 0.009 |
NOV | NOVATTI GROUP LTD | 0.092fall | 0.110 | 0.110 |
GOO | GOOROO VENTURES LTD | 0.135fall | 0.160 | 0.150 |
FGR | FIRST GRAPHITE LTD | 0.066fall | 0.078 | 0.092 |
AOG | AVEO GROUP | 2.560fall | 3.020 | 3.110 |
TKM | TREK METALS LTD | 0.026fall | 0.030 | 0.030 |
VAR | VARISCAN MINES LTD | 0.007fall | 0.008 | 0.011 |
Updated: June 27, 2017 - 11:24AM |
Company | Security Code | Float date | Issue $ |
---|---|---|---|
American Pacific Borate & Lithium Limited | ABR | 17/07/2017 | 0.20 |
Audinate Group Limited | AD8 | 30/06/2017 | 1.22 |
Afterpay Touch Group Limited | APT | 29/06/2017 | 0.00 |
Australia WeTouch Technology Limited | AWT | 31/07/2017 | 0.40 |
Evans & Partners Global Disruption Fund | EGD | 31/07/2017 | 1.60 |
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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