Business

Movers

ASX basks in Wall Street's glow

The benchmark S&P/ASX 200 Index and the broader All Ordinaries Index each rose 0.4 per cent on Monday.

Wall Street's positive mood spilled over to the local sharemarket on Monday, though buying lost some momentum in afternoon trade.

'Someone will have to pay': Millners win epic legal battle

Billionaire chairman Rob Millner said the boards Soul Patts and Brickworks had always "done the right thing".

Soul Pattinson and Brickworks have been awarded costs after the Federal Court dismissed institutional fund manager Perpetual's long-running legal bid to prove the conglomerate's cross-owned structure lost value and behaved oppressively.

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Copper prices could decline 4.1 per cent in 2018, to $US5438 per tonne.

Analysts trim commodity forecasts

A number of agencies have downgraded their forecasts on key Australian commodity exports, potentially posing problems for Australia's listed resource exporters.

The S&P 500 rose 0.6 per cent to 2425.05 at 4pm in New York, bouncing back from a 0.9 per cent slide. The index advanced ...

US stocks rebound, bonds fall

US stocks rebounded from the biggest selloff since May after strong hiring data bolstered confidence in the American economy.

Healthcare employment surged by 59,100, while the professional and business services sector created 35,000 jobs.

US economy adds 222,000 jobs

US job growth surged more than expected in June, potentially bolstering the case for a third interest rate hike this year.

Currencies

Wholesale Interbank Rates
Currencies Buys ($AU1) Sells ($AU1) $ Mvmt % Mvmt
AUD/USD 0.7608 0.7602 -0.0003fall -0.04% fall
AUD/EUR 0.6677 0.667 0.0000steady 0.00% steady
Updated: July 11, 2017 - 8:49AM

Market Details

Volatility S&P;/ASX 200 VIX
Price
14.38
Change in
-1.0000fall
Percentage up/down
(-6.50%) fall
Today's market compared to previous close
Turnover
Sector Turnover ($AU) Volume Trades
Market total 4,290,895,037 1,480,890,752 1,046,874
Industrial 3,450,668,016 625,716,104 880,361
Mining 830,448,245 854,979,331 164,094
Last updated: July 10, 2017 - 5:55PM

ASX - 52 Weeks Highs

Code Name New Highs Last Week Last Month
MOE MOELIS AUSTRALIA LTD 4.500rise 4.100 3.600
UNV UNIVERSAL COAL PLC 0.185rise 0.175 0.175
CLX CTI LOGISTICS 0.960rise 0.915 0.850
REY REY RESOURCES LTD 0.220rise 0.210 0.200
AEF AUSTRALIAN ETHICAL 98.000rise 95.600 95.000
GBP GLOBAL PETROLEUM 0.041rise 0.040 0.035
AIZ AIR NEW ZEALAND 3.370rise 3.290 3.190
IRI INTEGRATED RESEARCH 3.480rise 3.400 3.340
TIA TIAN AN AUST LIMITED 1.105rise 1.080 1.050
KGN KOGAN.COM LTD 1.820rise 1.780 1.720
Updated: July 10, 2017 - 6:50PM

ASX - 52 Weeks Lows

Code Name New Lows Last Week Last Month
CXX CRADLE RESOURCES LTD 0.180fall 0.315 0.315
TRL TANGA RESOURCES LTD 0.016fall 0.023 0.022
MZN MARINDI METALS LTD 0.005fall 0.007 0.007
ORR ORECORP LTD 0.180fall 0.250 0.380
ROG RED SKY ENERGY. 0.004fall 0.005 0.004
ZYB ZYBER HOLDINGS LTD 0.004fall 0.005 0.004
AB1 ANIMOCA BRANDS CORP 0.021fall 0.025 0.021
8IH 8I HOLDINGS LTD 0.360fall 0.420 0.450
GTG GENETIC TECHNOLOGIES 0.006fall 0.007 0.007
CTO CITIGOLD CORP LTD 0.007fall 0.008 0.007
Updated: July 10, 2017 - 6:50PM

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
Convenience Retail REIT CRR 27/07/2017 3.00
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
Oasis Gold Limited OAG 01/08/2017 0.21
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