Markets Live: ASX ends torpid month on high note
The ASX emerged from August reporting season deflated by a mildly disappointing month of profit results, and undermined by heavy losses in Telstra and Commonwealth Bank.
The ASX emerged from August reporting season deflated by a mildly disappointing month of profit results, and undermined by heavy losses in Telstra and Commonwealth Bank.
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The ASX emerged from August reporting season deflated by a mildly disappointing month of profit results, and undermined by heavy losses in big names.
The Australian dollar fell back towards US79c as the greenback rebounded while the local sharemarket is poised for a flat start.
Shares wobbled on Wednesday as the ASX failed to join in on a region-wide rebound, weighed down by a sharp fall in Telstra as it traded ex-dividend.
CBA currency analysts believe a continued slide in the greenback could see the Aussie dollar push as high as US85¢ by the end of next year.
Calmer heads have prevailed once again in financial markets, setting up the local sharemarket for a positive open.
The ASX is set to start the day in positive territory while the greenback weakness has the Aussie dollar heading towards US80c.
Don't believe what you read: in two important ways this has been the best reporting season in years.
More bad news for CBA shareholders and a broker downgrade to Qantas weighed on shares in the final days of earnings season.
Wall Street nudged higher on Friday, setting the ASX up for a slightly positive start to the week.
CBA currency analysts believe a continued slide in the greenback could see the Aussie dollar push as high as US85¢ by the end of next year.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.795 | 0.7948 | 0.0044rise | 0.56% rise |
AUD/EUR | 0.6678 | 0.6674 | 0.0025rise | 0.38% rise |
Updated: September 1, 2017 - 6:39AM |
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 |
MCP Master Income Trust | MXT | 09/10/2017 | 2.00 |
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 |
Scout Security Limited | SCT | 25/08/2017 | 0.20 |
Stirfire Limited | SFS | 29/09/2017 | 0.20 |
TNT Mines Limited | TIN | 01/09/2017 | 0.20 |
Titomic Limited | TTT | 13/09/2017 | 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 |
---|---|---|---|---|
CE1 | CALIMA ENERGY | 0.049rise | 0.011 | 0.049 |
HE8 | HELIOS ENERGY LTD | 0.030rise | 0.018 | 0.030 |
RLE | REAL ENERGY CORP | 0.130rise | 0.081 | 0.130 |
OMH | OM HOLDINGS LIMITED | 0.430rise | 0.325 | 0.430 |
RIE | RIEDEL RESOURCES LTD | 0.032rise | 0.025 | 0.032 |
MAR | MALACHITE RESOURCES | 0.005rise | 0.004 | 0.005 |
UPD | UPDATER INC | 1.530rise | 1.260 | 1.530 |
NBL | NONI B LIMITED | 2.400rise | 2.020 | 2.400 |
VMX | VALMEC LIMITED | 0.225rise | 0.190 | 0.225 |
JRV | JERVOIS MINING | 0.165rise | 0.140 | 0.165 |
Updated: August 31, 2017 - 6:50PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
RCP | REDBANK COPPER LTD | 0.001fall | 0.002 | 0.001 |
VRC | VOLT RESOURCES LTD | 0.015fall | 0.021 | 0.015 |
SFH | SPECIALTY FASHION | 0.290fall | 0.405 | 0.290 |
PRO | PROPHECY INTERNATION | 0.430fall | 0.600 | 0.430 |
SM8 | SHARK MITIGATION | 0.042fall | 0.055 | 0.042 |
SP1 | SEARCH PARTY GROUP | 0.004fall | 0.005 | 0.004 |
IDA | INDIANA RESOURCES | 0.050fall | 0.060 | 0.050 |
CUE | CUE ENERGY RESOURCE | 0.045fall | 0.053 | 0.045 |
GOO | GOOROO VENTURES LTD | 0.085fall | 0.100 | 0.085 |
FE8 | FASTER ENTERPRISES | 0.078fall | 0.091 | 0.078 |
Updated: August 31, 2017 - 6:50PM |
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