Markets Live: ASX ends hectic week higher
Shares end the final session lower after more Trump worries spark a renewed wave of global risk aversion, but the ASX manages to end a busy week higher.
Shares end the final session lower after more Trump worries spark a renewed wave of global risk aversion, but the ASX manages to end a busy week higher.
European stocks extended a global slide after terrorists struck a crowded tourist street in Barcelona.
Terrorist attacks in Spain and discord in Washington weighed on shares on Friday, though the bourse managed to close the week in the black.
The handwritten notes a Bank of America IT guy passed to his girlfriend weren't expressions of love. They were stock tips for her father, US prosecutors say in a law suit describing a sprawling insider-trading plot.
ASX set for heavy falls at the open as rumours and whispers sent Wall Street plunging.
US stocks sold off on Thursday, with the S&P; 500 hitting its lowest level in a month, as escalating worries about the Trump administration's ability to push through its agenda rattled investors.
It was a busy Thursday for company earnings, but a mammoth slide in Telstra was easily the biggest influence on the ASX.
The Australian dollar has jumped back above the US79¢ mark, buoyed by strong employment numbers and as the greenback came under pressure following dovish Fed minutes.
The local sharemarket is due for a positive start as Wall Street inched higher while there is another raft of big names reporting, with Telstra and Wesfarmers among the highlights.
Shares overcame early losses to end the day solidly higher, thanks in large part to buying in the big banks and Telstra.
Policy changes on 457s and tax incentives can create uncertainty for business, CSL chief executive Paul Perreault says, and has urged the Turnbull government not to keep tinkering with tax settings.
International investors are pessimistic about the outlook for equities as expectations for corporate profit growth fall to the lowest level in almost two years.
The Australian dollar has jumped back above the US79¢ mark, buoyed by strong employment numbers and as the greenback came under pressure following dovish Fed minutes.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.7934 | 0.7927 | 0.0043rise | 0.54% rise |
AUD/EUR | 0.6747 | 0.6738 | 0.0014rise | 0.21% rise |
Updated: August 19, 2017 - 4:59AM |
Company | Security Code | Float date | Issue $ |
---|---|---|---|
Fat Prophets Global Property Fund | FPP | 12/09/2017 | 1.10 |
The GO2 People Ltd | GO2 | 21/09/2017 | 0.20 |
Mayur Resources Limited | MRL | 31/08/2017 | 0.40 |
Northern Cobalt Limited | N27 | 16/08/2017 | 0.20 |
Okapi Resources Limited | OKR | 23/08/2017 | 0.20 |
Pyrolyx AG | PLX | 15/08/2017 | 1.47 |
RightCrowd Limited | RCW | 17/09/2017 | 0.30 |
Registry Direct Limited | RD1 | 15/10/2017 | 0.20 |
Riversgold Limited | RGL | 10/09/2017 | 0.20 |
Stirfire Limited | SFS | 28/09/2017 | 0.20 |
TNT Mines Limited | TIN | 31/08/2017 | 0.20 |
VGI Partners Global Investments Limited | VG1 | 27/09/2017 | 2.00 |
Windlab Limited | WND | 22/08/2017 | 2.00 |
Code | Name | New Highs | Last Week | Last Month |
---|---|---|---|---|
AKG | ACADEMIES AUS GRP | 0.340rise | 0.195 | 0.195 |
AGY | ARGOSY MINERALS LTD | 0.135rise | 0.082 | 0.086 |
CAN | CANN GROUP LTD | 1.490rise | 0.980 | 0.700 |
NCZ | NEW CENTURY RESOURCE | 1.000rise | 0.695 | 0.500 |
MGU | MAGNUM MINING & EXP | 0.060rise | 0.045 | 0.052 |
AL8 | ALDERAN RESOURCE LTD | 0.950rise | 0.755 | 0.770 |
RAC | RACE ONCOLOGY LTD | 0.410rise | 0.330 | 0.330 |
EHX | EHR RESOURCES | 0.120rise | 0.097 | 0.070 |
PM1 | PURE MINERALS LTD | 0.028rise | 0.023 | 0.003 |
UPD | UPDATER INC | 1.270rise | 1.070 | 1.100 |
Updated: August 18, 2017 - 4:50PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
JPR | JUPITER ENERGY | 0.120fall | 0.260 | 0.250 |
CUL | CULLEN RESOURCES | 0.001fall | 0.002 | 0.001 |
SMG | SOON MINING | 0.180fall | 0.330 | 0.330 |
MTC | METALSTECH LTD | 0.110fall | 0.160 | 0.170 |
CNX | CARBON ENERGY | 0.270fall | 0.365 | 0.410 |
AYR | ALLOY RESOURCES | 0.003fall | 0.004 | 0.003 |
OVL | ORO VERDE LTD | 0.006fall | 0.008 | 0.012 |
TNP | TRIPLE ENERGY LTD | 0.003fall | 0.004 | 0.004 |
UNL | UNITED NETWORKS LTD | 0.100fall | 0.125 | 0.125 |
DDT | DATADOT TECHNOLOGY | 0.004fall | 0.005 | 0.005 |
Updated: August 18, 2017 - 2:11PM |