Markets Live: Banks in $14b relief rally
Shares in the big banks rocket higher as investors bet they won't need to raise capital to meet APRA's new requirements.
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Movers
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AGL AGL ENERGY LIMITED.
- Percentage up/down
- 1.01% rise
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ALL ARISTOCRAT LEISURE LIMITED
- Percentage up/down
- 1.55% rise
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AMC AMCOR LIMITED
- Percentage up/down
- -0.89% fall
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AMP AMP LIMITED
- Percentage up/down
- -0.95% fall
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ANZ AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED
- Percentage up/down
- 3.92% rise
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APA APA GROUP
- Percentage up/down
- 0.34% rise
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ASX ASX LIMITED
- Percentage up/down
- -0.68% fall
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AZJ AURIZON HOLDINGS LIMITED
- Percentage up/down
- 0.00% steady
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BHP BHP BILLITON LIMITED
- Percentage up/down
- -1.08% fall
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BXB BRAMBLES LIMITED
- Percentage up/down
- 0.31% rise
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CBA COMMONWEALTH BANK OF AUSTRALIA.
- Percentage up/down
- 2.96% rise
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CPU COMPUTERSHARE LIMITED.
- Percentage up/down
- -2.73% fall
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CSL CSL LIMITED
- Percentage up/down
- -0.29% fall
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CTX CALTEX AUSTRALIA LIMITED
- Percentage up/down
- 0.74% rise
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DXS DEXUS
- Percentage up/down
- 1.95% rise
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FMG FORTESCUE METALS GROUP LTD
- Percentage up/down
- 0.37% rise
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GMG GOODMAN GROUP
- Percentage up/down
- 1.77% rise
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GPT GPT GROUP
- Percentage up/down
- 0.41% rise
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IAG INSURANCE AUSTRALIA GROUP LIMITED
- Percentage up/down
- 0.30% rise
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IPL INCITEC PIVOT LIMITED
- Percentage up/down
- -0.30% fall
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JHX JAMES HARDIE INDUSTRIES PLC
- Percentage up/down
- -1.03% fall
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LLC LENDLEASE GROUP
- Percentage up/down
- 1.17% rise
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MGR MIRVAC GROUP
- Percentage up/down
- 0.95% rise
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MPL MEDIBANK PRIVATE LIMITED
- Percentage up/down
- 0.36% rise
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MQG MACQUARIE GROUP LIMITED
- Percentage up/down
- 0.33% rise
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NAB NATIONAL AUSTRALIA BANK LIMITED
- Percentage up/down
- 3.06% rise
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NCM NEWCREST MINING LIMITED
- Percentage up/down
- -0.86% fall
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ORG ORIGIN ENERGY LIMITED
- Percentage up/down
- -0.69% fall
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ORI ORICA LIMITED
- Percentage up/down
- -0.99% fall
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OSH OIL SEARCH LIMITED
- Percentage up/down
- -1.93% fall
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QAN QANTAS AIRWAYS LIMITED
- Percentage up/down
- 0.73% rise
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QBE QBE INSURANCE GROUP LIMITED
- Percentage up/down
- -1.14% fall
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RHC RAMSAY HEALTH CARE LIMITED
- Percentage up/down
- -0.07% fall
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RIO RIO TINTO LIMITED
- Percentage up/down
- -0.68% fall
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S32 SOUTH32 LIMITED
- Percentage up/down
- -1.73% fall
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SCG SCENTRE GROUP
- Percentage up/down
- 1.22% rise
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SGP STOCKLAND
- Percentage up/down
- 0.47% rise
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SHL SONIC HEALTHCARE LIMITED
- Percentage up/down
- -0.13% fall
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STO SANTOS LIMITED
- Percentage up/down
- -0.66% fall
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SUN SUNCORP GROUP LIMITED
- Percentage up/down
- 0.48% rise
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SYD SYDNEY AIRPORT
- Percentage up/down
- -0.14% fall
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TCL TRANSURBAN GROUP
- Percentage up/down
- -0.53% fall
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TLS TELSTRA CORPORATION LIMITED.
- Percentage up/down
- -1.68% fall
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TWE TREASURY WINE ESTATES LIMITED
- Percentage up/down
- -1.10% fall
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VCX VICINITY CENTRES
- Percentage up/down
- 1.55% rise
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WBC WESTPAC BANKING CORPORATION
- Percentage up/down
- 3.80% rise
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WES WESFARMERS LIMITED
- Percentage up/down
- -0.42% fall
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WFD WESTFIELD CORPORATION
- Percentage up/down
- 0.64% rise
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WOW WOOLWORTHS LIMITED
- Percentage up/down
- 0.00% steady
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WPL WOODSIDE PETROLEUM LIMITED
- Percentage up/down
- 0.54% rise
Big bank relief rally drives ASX 0.8pc higher
Big banks shares enjoyed their best day in eight months, gaining $14 billion in value on relief that new capital requirements weren't as tough as many had feared.
Fundies swap tech stocks for banks
Current equity valuations has fund managers wary, finds Bank of America Merrill Lynch's monthly survey.
8@eight: Greenback hit with the ugly stick again
The US dollar continues to come under attack while Wall Street ended flat, setting up the ASX for a negative start to the day.
Goldman Sachs, BofA results miss
Bank of America and Goldman Sachs joined their rivals by disappointing investors.
UK inflation surprises with slowdown
British inflation unexpectedly slowed last month for the first time since October, dousing expectations for a rate hike.
New Silk Road has 'astounding upside'
The ambitious New Silk Road project is one of the most exciting investment opportunities in the world, says head of Bennelong's infrastructure arm.
Australian dollar 'could go to US85¢'
The mood is becoming more upbeat, just as financial markets are losing faith in the prospects for more US interest rate rises.
Market Indices
Updated: July 19, 2017 - 2:37PM
Market Activity
-
Advances
- Price
- 187.00
- Percentage up/down
- 39.87% rise
-
Declines
- Price
- 219.00
- Percentage up/down
- 46.70% fall
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Unchanged
- Price
- 63.00
- Percentage up/down
- 13.43% steady
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Bank anxiety pulls ASX below 5700
Investor sentiment soured on steep bank losses ahead of the release of new capital requirements.
Aussie soars to two-year high on RBA minutes
The RBA may remain reluctant to follow other global central banks in pulling the rate rise trigger, but that's not preventing forex traders from piling into the Aussie dollar.
'Boom Boom' goes bust: tennis star's 'questionable' investments
Boris Becker may have lost his £100 million ($167.5 million) fortune in part because of questionable investments in the Nigerian oil industry, according to claims in the German press.
8@eight: Shares set for flat start, $A slides
Local sharemarket is set to start in negative territory after a quiet night on Wall Street while the Australian dollar slid back below US78c.
Currencies
Australian dollar 'could go to US85¢'
The mood is becoming more upbeat, just as financial markets are losing faith in the prospects for more US interest rate rises.
| Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
|---|---|---|---|---|
| AUD/USD | 0.7934 | 0.7928 | 0.0013rise | 0.16% rise |
| AUD/EUR | 0.6882 | 0.6875 | 0.0026rise | 0.38% rise |
| Updated: July 19, 2017 - 7:59PM | ||||
Market Details
Volatility S&P;/ASX 200 VIX
- Price
- 13.26
- Change in
- -0.1280fall
- Percentage up/down
- (-0.96%) fall
| Sector | Turnover ($AU) | Volume | Trades |
|---|---|---|---|
| Market total | 5,171,315,939 | 1,695,835,151 | 1,254,393 |
| Industrial | 4,243,175,198 | 746,476,178 | 1,036,135 |
| Mining | 893,366,791 | 948,651,129 | 213,096 |
ASX - 52 Weeks Highs
| Code | Name | New Highs | Last Week | Last Month |
|---|---|---|---|---|
| FZO | FAMILY ZONE CYBER | 0.590rise | 0.400 | 0.345 |
| KNM | KNEOMEDIA LIMITED | 0.032rise | 0.025 | 0.030 |
| AQD | AUSQUEST LIMITED | 0.021rise | 0.017 | 0.014 |
| MMI | METRO MINING LTD | 0.185rise | 0.155 | 0.150 |
| AEF | AUSTRALIAN ETHICAL | 115.990rise | 102.500 | 95.000 |
| AXL | AXSESSTODAY LTD | 1.650rise | 1.500 | 1.465 |
| TAR | TARUGA GOLD LTD | 0.065rise | 0.060 | 0.055 |
| CIM | CIMIC GROUP LTD | 41.760rise | 38.750 | 40.920 |
| CGR | CML GROUP LTD | 0.335rise | 0.315 | 0.325 |
| DDR | DICKER DATA LIMITED | 2.590rise | 2.460 | 2.470 |
| Updated: July 19, 2017 - 4:50PM | ||||
ASX - 52 Weeks Lows
| Code | Name | New Lows | Last Week | Last Month |
|---|---|---|---|---|
| WLD | WELLARD LIMITED | 0.100fall | 0.175 | 0.165 |
| IDT | IDT AUSTRALIA LTD | 0.080fall | 0.092 | 0.083 |
| ICT | ICOLLEGE LIMITED | 0.014fall | 0.016 | 0.015 |
| BMT | BERKUT MINERALS LTD | 0.140fall | 0.160 | 0.165 |
| VRI | VERILUMA LIMITED | 0.014fall | 0.016 | 0.020 |
| BD1 | BARD1 LIFE SCIENCES | 0.008fall | 0.009 | 0.009 |
| 88E | 88 ENERGY LTD | 0.026fall | 0.029 | 0.040 |
| RWD | REWARD MINERALS LTD | 0.180fall | 0.200 | 0.200 |
| BDR | BEADELL RESOURCE LTD | 0.185fall | 0.205 | 0.200 |
| PDI | PREDICTIVE DISC LTD | 0.069fall | 0.075 | 0.076 |
| Updated: July 19, 2017 - 3:01PM | ||||
Floats & IPOs
| Company | Security Code | Float date | Issue $ |
|---|---|---|---|
| American Pacific Borate & Lithium Limited | ABR | 16/07/2017 | 0.20 |
| Australia WeTouch Technology Limited | AWT | 30/07/2017 | 0.40 |
| CTL Australia Group Limited | CIT | 10/07/2017 | 0.20 |
| Convenience Retail REIT | CRR | 26/07/2017 | 3.00 |
| Evans & Partners Global Disruption Fund | EGD | 30/07/2017 | 1.60 |
| Galena Mining Limited | G1A | 09/07/2017 | 0.20 |
| Nusantara Resources Limited | NUS | 25/07/2017 | 0.42 |
| Oasis Gold Limited | OAG | 31/07/2017 | 0.21 |
| Okapi Resources Limited | OKR | 23/08/2017 | 0.20 |
| Prospech Limited | PRS | 30/07/2017 | 0.20 |
| Sienna Cancer Diagnostics Limited | SDX | 01/08/2017 | 0.20 |
| Spectur Limited | SP3 | 30/07/2017 | 0.20 |
| TNT Mines Limited | TIN | 31/08/2017 | 0.20 |