Markets Live: Miners do it again
The ASX climbs as investors double down on miners after South32 is the latest to impress the market with its earnings while Flight Centre soars and Woolies goes on sale.
The ASX climbs as investors double down on miners after South32 is the latest to impress the market with its earnings while Flight Centre soars and Woolies goes on sale.
Chinese government reforms have caught the eye of speculators and sent a typically dull commodity to its highest prices in six years.
Miners helped propel the ASX higher on Thursday, with South32 the latest to impress the sharemarket with its earnings.
If the shares of Taiwan's largest airline are anything to go by, Apple's next iPhone will be a runaway success.
Another busy reporting day on tap, while the ASX is set for a positive start to the day after a quiet Wall Street session.
An upbeat start to the ASX quickly turned sour under the weight of some very poorly received profits results and more unsettling remarks from US president Trump.
The bulls seem to have taken back some control here and while we saw some positive flow and traders veering towards risk assets in Asia yesterday, we expect another positive session ahead and traders adding to risk.
Strong support for mining stocks including BHP Billiton helped the local sharemarket end a run of three consecutive losses.
BHP leads the way as reporting season rolls on while it was a steady night on overseas markets, with Wall Street closing marginally higher.
Shares suffered a dour start to the trading week as BlueScope became this earnings season's latest victim, while selling in Telstra and CSL also weighed on the ASX.
The Australian dollar is up sharply against its US counterpart amid a slight rebound in risk appetite following US President Donald Trump's firing of controversial adviser Steve Bannon.
The ASX set for a flat start to the week after Wall Street steadied on Friday, while reporting season continues on in earnest.
The Australian dollar is up sharply against its US counterpart amid a slight rebound in risk appetite following US President Donald Trump's firing of controversial adviser Steve Bannon.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.79 | 0.7896 | -0.0006fall | -0.08% fall |
AUD/EUR | 0.6695 | 0.6689 | -0.0002fall | -0.03% fall |
Updated: August 25, 2017 - 6:09AM |
Company | Security Code | Float date | Issue $ |
---|---|---|---|
Fat Prophets Global Property Fund | FPP | 13/09/2017 | 1.10 |
The GO2 People Ltd | GO2 | 22/09/2017 | 0.20 |
Mayur Resources Limited | MRL | 01/09/2017 | 0.40 |
Northern Cobalt Limited | N27 | 17/08/2017 | 0.20 |
Okapi Resources Limited | OKR | 24/08/2017 | 0.20 |
Pyrolyx AG | PLX | 16/08/2017 | 1.47 |
RightCrowd Limited | RCW | 18/09/2017 | 0.30 |
Registry Direct Limited | RD1 | 16/10/2017 | 0.20 |
Riversgold Limited | RGL | 11/09/2017 | 0.20 |
Stirfire Limited | SFS | 29/09/2017 | 0.20 |
TNT Mines Limited | TIN | 01/09/2017 | 0.20 |
VGI Partners Global Investments Limited | VG1 | 28/09/2017 | 2.00 |
Windlab Limited | WND | 23/08/2017 | 2.00 |
Code | Name | New Highs | Last Week | Last Month |
---|---|---|---|---|
DGO | DGO GOLD LIMITED | 0.550rise | 0.240 | 0.235 |
SHO | SPORTSHERO LTD | 0.060rise | 0.042 | 0.033 |
DRG | DRAIG RESOURCES LTD | 0.084rise | 0.061 | 0.050 |
MSP | MAXSEC GROUP LTD | 0.046rise | 0.035 | 0.035 |
GMV | G MEDICAL | 0.395rise | 0.310 | 0.240 |
CYL | CATALYST METALS | 0.760rise | 0.635 | 0.525 |
TAR | TARUGA GOLD LTD | 0.065rise | 0.055 | 0.065 |
LOV | LOVISA HOLDINGS LTD | 4.700rise | 4.030 | 4.170 |
MOE | MOELIS AUSTRALIA LTD | 5.250rise | 4.600 | 4.500 |
KNM | KNEOMEDIA LIMITED | 0.065rise | 0.057 | 0.050 |
Updated: August 24, 2017 - 6:50PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
GBT | GBST HOLDINGS.. | 1.720fall | 3.110 | 2.900 |
AHL | AHALIFE HOLDINGS LTD | 0.015fall | 0.023 | 0.027 |
ARO | ASTRO RESOURCES NL | 0.002fall | 0.003 | 0.002 |
FE8 | FASTER ENTERPRISES | 0.091fall | 0.120 | 0.095 |
EVO | EVOLVE EDUCATION GRP | 0.700fall | 0.885 | 0.970 |
KBU | KABUNI LTD | 0.004fall | 0.005 | 0.004 |
VMS | VENTURE MINERALS | 0.020fall | 0.025 | 0.021 |
HLX | HELIX RESOURCES | 0.025fall | 0.031 | 0.028 |
HSO | HEALTHSCOPE LIMITED. | 1.740fall | 2.150 | 2.050 |
KIS | KING ISLAND | 0.026fall | 0.032 | 0.032 |
Updated: August 24, 2017 - 6:50PM |
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