Business

Movers

'Savers the big losers' from rate rises

Term deposit interest rates have been declining since 2010, and are now at their lowest point in recent memory.

Only 15 of 75 lending institutions have increased the interest rate on any of their term deposits since August, when the RBA cuts rates to a record low of 1.5 per cent.

ECB pushes back v taper talk

Nick Gartside, international CIO of fixed income at JPMorgan Asset Management:  "This is a transition from policy being ...

​Borrowing costs in the euro area fell overnight on signs some ECB policymakers are having doubts about a tightening bias.

8@eight: ASX set to inch higher, Wall St closed

Investors are playing it safe.

Local shares, which rallied strongly on Tuesday, were getting little in the way of a lead from overseas overnight in thin July 4th trade with Wall Street was closed for the Independence Day holiday.

Advertisement
"The banks face a low growth environment for some time,"  says Tony Davison, senior financial planner at advice boutique ...

Banks drive ASX's best day in 2017

Shares enjoyed their best day of the year as investors poured back into the market, while the Aussie dollar slipped after the RBA left rates unchanged.

Currencies

Wholesale Interbank Rates
Currencies Buys ($AU1) Sells ($AU1) $ Mvmt % Mvmt
AUD/USD 0.762 0.7618 0.0018rise 0.24% rise
AUD/EUR 0.6707 0.6704 0.0007rise 0.10% rise
Updated: July 5, 2017 - 1:29PM

Market Details

Volatility S&P;/ASX 200 VIX
Price
13.64
Change in
-0.0750fall
Percentage up/down
(-0.55%) fall
Today's market compared to previous close
Turnover
Sector Turnover ($AU) Volume Trades
Market total 1,975,890,605 858,640,728 608,048
Industrial 1,567,085,139 378,818,743 511,813
Mining 400,514,128 479,675,008 94,363
Last updated: July 5, 2017 - 1:33PM

ASX - 52 Weeks Highs

Code Name New Highs Last Week Last Month
ADD ADAVALE RESOURCE LTD 0.029rise 0.013 0.013
JRV JERVOIS MINING 0.095rise 0.060 0.060
PHK PHOSLOCK WATER 0.220rise 0.185 0.185
GBP GLOBAL PETROLEUM 0.040rise 0.034 0.035
EQE EQUUS MINING LTD 0.037rise 0.033 0.033
FLT FLIGHT CENTRE TRAVEL 44.410rise 39.960 39.960
TBH TOPBETTA HLDING LTD 0.310rise 0.285 0.295
APT AFTERPAY TOUCH 3.200rise 2.950 2.950
HUB HUB24 LTD 6.800rise 6.280 6.310
MOE MOELIS AUSTRALIA LTD 3.870rise 3.600 3.600
Updated: July 5, 2017 - 1:33PM

ASX - 52 Weeks Lows

Code Name New Lows Last Week Last Month
GPS GPS ALLIANCE LTD 0.010fall 0.015 0.015
MTL MANALTO LTD 0.010fall 0.014 0.011
COB COBALT BLUE LTD 0.140fall 0.165 0.165
PGI PANTERRA GOLD LTD 0.043fall 0.050 0.050
XPE XPED LIMITED 0.013fall 0.015 0.015
1AL ONEALL IN LIMITED 0.800fall 0.910 0.910
NTM NTM GOLD LTD 0.040fall 0.045 0.041
MRR MINREX RESOURCES LTD 0.050fall 0.055 0.055
PVL POWERHOUSE VEN LTD 0.610fall 0.665 0.635
CFO CFOAM LIMITED 0.255fall 0.275 0.275
Updated: July 5, 2017 - 1:28PM

Floats & IPOs

Upcoming IPOs
Company Security Code Float date Issue $
American Pacific Borate & Lithium Limited ABR 17/07/2017 0.20
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
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