Business

Movers

Venezuelan default risk rises

Trading in Venezuela's dollar bonds was more volatile in June, with its benchmark $US4 billion of notes due in 2027 ...

Bets on a Venezuelan default are climbing as international reserves near $US10b amid heightened anti-government protests.

Oil tumbles most in four weeks

Russia doesn't want to change the current deal because any further supply curbs would send the wrong message to the ...

Crude oil fell sharply, ending the longest winning streak this year, amid reported Russian opposition to deeper output cuts.

China's risky record steel punts

Open interest on the Shanghai Futures Exchange's steel reinforcement bar contract surged to a record 2.82 million lots ...

Chinese investors have racked up an unprecedented volume of bets on steel futures, raising the prospect of a sharp retreat.

'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.

ASX shudders as Korean tensions rise

Flight Centre soared after it raised its profit expectations for the full year.

Sabre-rattling over North Korea's missile program sent investors seeking out safe haven assets, but strong gains in the miners kept a lid on the market's losses.

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

ECB pushes back v taper talk

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

Investors are playing it safe.

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

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.

Currencies

Wholesale Interbank Rates
Currencies Buys ($AU1) Sells ($AU1) $ Mvmt % Mvmt
AUD/USD 0.7606 0.76 0.0000steady 0.00% steady
AUD/EUR 0.6701 0.6694 -0.0003fall -0.04% fall
Updated: July 6, 2017 - 7:00AM

Market Details

Volatility S&P;/ASX 200 VIX
Price
13.69
Change in
-0.0160fall
Percentage up/down
(-0.12%) fall
Today's market compared to previous close
Turnover
Sector Turnover ($AU) Volume Trades
Market total 4,123,075,482 1,468,542,106 1,100,367
Industrial 3,260,248,152 670,898,104 926,777
Mining 843,800,164 797,330,962 169,958
Last updated: July 5, 2017 - 5:55PM

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 0.110rise 0.060 0.060
CLY CLANCY EXPLORATION 0.005rise 0.004 0.005
PHK PHOSLOCK WATER 0.220rise 0.185 0.185
GBP GLOBAL PETROLEUM 0.040rise 0.034 0.035
AD8 AUDINATEGROUPLTD 1.800rise 1.530 1.530
EHL EMECO HOLDINGS 0.125rise 0.110 0.110
EQE EQUUS MINING LTD 0.037rise 0.033 0.033
FLT FLIGHT CENTRE TRAVEL 44.410rise 39.960 39.960
MDL MINERAL DEPOSITS 0.750rise 0.680 0.680
Updated: July 5, 2017 - 6:50PM

ASX - 52 Weeks Lows

Code Name New Lows Last Week Last Month
RMX RED MOUNT MIN LTD 0.009fall 0.024 0.023
GPS GPS ALLIANCE LTD 0.010fall 0.015 0.015
MTL MANALTO LTD 0.010fall 0.014 0.011
LI3 LCME LTD 0.070fall 0.089 0.089
IDA INDIANA RESOURCES 0.075fall 0.090 0.090
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
AHR ANCHOR RESOURCES 0.020fall 0.023 0.023
1AL ONEALL IN LIMITED 0.800fall 0.910 0.910
Updated: July 5, 2017 - 6:50PM

Floats & IPOs

Upcoming IPOs
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