Markets Live: Sigh of relief from bank investors
Shares in the big banks rocket higher as investors bet they won't need to raise capital to meet APRA's new requirements.
Shares in the big banks rocket higher as investors bet they won't need to raise capital to meet APRA's new requirements.
Current equity valuations has fund managers wary, finds Bank of America Merrill Lynch's monthly survey.
The US dollar continues to come under attack while Wall Street ended flat, setting up the ASX for a negative start to the day.
Bank of America and Goldman Sachs joined their rivals by disappointing investors.
British inflation unexpectedly slowed last month for the first time since October, dousing expectations for a rate hike.
The ambitious New Silk Road project is one of the most exciting investment opportunities in the world, says head of Bennelong's infrastructure arm.
The mood is becoming more upbeat, just as financial markets are losing faith in the prospects for more US interest rate rises.
Investor sentiment soured on steep bank losses ahead of the release of new capital requirements.
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.
Boris Becker may have lost his £100 million ($167.5 million) fortune in part because of questionable investments in the Nigerian oil industry, according to claims in the German press.
Local sharemarket is set to start in negative territory after a quiet night on Wall Street while the Australian dollar slid back below US78c.
Netflix reported far more new subscribers, especially outside the US, than expected in its latest quarter.
The mood is becoming more upbeat, just as financial markets are losing faith in the prospects for more US interest rate rises.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.7926 | 0.7925 | 0.0010rise | 0.13% rise |
AUD/EUR | 0.6869 | 0.6867 | 0.0018rise | 0.26% rise |
Updated: July 19, 2017 - 1:50PM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 2,929,528,036 | 1,069,894,089 | 785,736 |
Industrial | 2,374,032,520 | 433,282,330 | 647,967 |
Mining | 538,929,577 | 636,164,182 | 134,619 |
Code | Name | New Highs | Last Week | Last Month |
---|---|---|---|---|
KNM | KNEOMEDIA LIMITED | 0.031rise | 0.025 | 0.030 |
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 |
JIN | JUMBO INTERACTIVE | 3.000rise | 2.860 | 2.670 |
DDR | DICKER DATA LIMITED | 2.580rise | 2.460 | 2.470 |
GFL | GLOBAL MASTERS FUND | 2.400rise | 2.360 | 2.270 |
Updated: July 19, 2017 - 1:50PM |
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 |
BMT | BERKUT MINERALS LTD | 0.140fall | 0.160 | 0.165 |
ICT | ICOLLEGE LIMITED | 0.014fall | 0.016 | 0.015 |
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 |
BDR | BEADELL RESOURCE LTD | 0.185fall | 0.205 | 0.200 |
OCC | ORTHOCELL LIMITED | 0.310fall | 0.330 | 0.325 |
USG | US PRIVATE FUND II | 2.050fall | 2.140 | 2.130 |
Updated: July 19, 2017 - 1:50PM |
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 |
Okapi Resources Limited | OKR | 24/08/2017 | 0.20 |
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 |
TNT Mines Limited | TIN | 01/09/2017 | 0.20 |
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