Markets Live: ASX caught up in global sell-off
![</p>](http://web.archive.org./web/20170630182532im_/https://www.fairfaxstatic.com.au/content/dam/images/g/h/y/i/1/u/image.related.landscape.120x80.gx1oqh.png/1498806305801.jpg)
Shares lose more than $26 billion in value in a broad-based sell-off sparked by global jitters after central bankers flagged the tide is turning for easy money.
Shares lose more than $26 billion in value in a broad-based sell-off sparked by global jitters after central bankers flagged the tide is turning for easy money.
US consumer spending rose modestly in May and inflation cooled, pointing to a slow-but-steady economic expansion.
Cautious global investors cut exposure to US stocks in June, and raised their euro zone equity holdings near a two-year high.
Speculators looking to profit from the hawkish shift among global central banks have a fresh target: the Australian dollar.
Spot iron ore prices posted their biggest gain for the month of June since 2009, though the outlook is uncertain.
The 2017 financial year came to an inglorious end on Friday, as the ASX suffered its worst session in more than seven months amid a global sell-off.
Millennials are set to inherit more money than any other generation and, according to UBS, they are committed to buying a better world for themselves.
The Australian dollar has turned into a surprise winner from the talk of higher interest rates by global central bankers this week.
Investors may be happy to see the end of a quarter that has been far from kind to many as the Australian economy strives hard to resist fallng into recession, with stocks, the Aussie weakening as iron ore prices plunged.
Wall Street struggles, setting up the local sharemarket for sharp falls at the open.
Wall Street fell sharply on Thursday, with the S&P; 500 and the Dow industrials suffering their worst daily percentage drops in about six weeks, setting up the ASX for sharp falls at the open.
As Chinese demand for Australian products hots up, a husband and wife team are hoping to raise $6m and IPO their daigou business.
The Australian dollar has turned into a surprise winner from the talk of higher interest rates by global central bankers this week.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.7681 | 0.7679 | -0.0003fall | -0.04% fall |
AUD/EUR | 0.6732 | 0.6729 | 0.0015rise | 0.22% rise |
Updated: July 1, 2017 - 4:20AM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 7,750,292,396 | 2,359,914,396 | 1,342,466 |
Industrial | 6,162,598,475 | 1,138,785,085 | 1,142,675 |
Mining | 1,569,731,212 | 1,220,704,782 | 195,218 |
Code | Name | New Highs | Last Week | Last Month |
---|---|---|---|---|
KEY | KEY PETROLEUM | 0.013rise | 0.008 | 0.009 |
BIG | BIG UN LTD | 1.235rise | 0.945 | 0.790 |
EHL | EMECO HOLDINGS | 0.110rise | 0.086 | 0.088 |
KNM | KNEOMEDIA LIMITED | 0.030rise | 0.025 | 0.017 |
SGC | SACGASCO LTD | 0.100rise | 0.085 | 0.076 |
BUL | BLUE ENERGY LIMITED | 0.080rise | 0.069 | 0.060 |
MOE | MOELIS AUSTRALIA LTD | 3.600rise | 3.130 | 3.200 |
PRT | PRIME MEDIA GRP LTD | 0.390rise | 0.340 | 0.355 |
TEG | TRIANGLE ENERGY LTD | 0.061rise | 0.054 | 0.050 |
MDL | MINERAL DEPOSITS | 0.680rise | 0.615 | 0.610 |
Updated: June 30, 2017 - 6:50PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
CXZ | CONNEXION MEDIA LTD | 0.027fall | 0.045 | 0.042 |
TYK | TYCHEAN RESOURCES | 0.004fall | 0.006 | 0.005 |
AQQ | APHRODITE GOLD LTD | 0.013fall | 0.019 | 0.022 |
REV | REAL ESTATE INVESTAR | 0.025fall | 0.035 | 0.040 |
IOT | IOT GROUP LIMITED | 0.008fall | 0.011 | 0.016 |
AYR | ALLOY RESOURCES | 0.003fall | 0.004 | 0.004 |
LRS | LATIN RESOURCES LTD | 0.003fall | 0.004 | 0.004 |
OBL | OIL BASINS LIMITED | 0.003fall | 0.004 | 0.004 |
SUR | SUN RESOURCES NL | 0.003fall | 0.004 | 0.004 |
BEL | BENTLEY CAPITAL LTD | 0.100fall | 0.130 | 0.130 |
Updated: June 30, 2017 - 6:50PM |
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 |
CTL Australia Group Limited | CIT | 11/07/2017 | 0.20 |
Evans & Partners Global Disruption Fund | EGD | 31/07/2017 | 1.60 |
Eagle Health Holdings Limited | EHH | 03/07/2017 | 0.40 |
ELMO Software Limited | ELO | 29/06/2017 | 2.00 |
Galena Mining Limited | G1A | 10/07/2017 | 0.20 |
Nusantara Resources Limited | NUS | 26/07/2017 | 0.42 |
Prospech Limited | PRS | 31/07/2017 | 0.20 |
Sienna Cancer Diagnostics Limited | SDX | 02/08/2017 | 0.20 |
Spectur Limited | SP3 | 31/07/2017 | 0.20 |
Save articles for later.
Subscribe for unlimited access to news. Login to save articles.
Return to the homepage by clicking on the site logo.