Business

Movers

Markets Live: ASX's early spring wilts

Investors eyeing the ASX board.

Hopes that the first day of spring would bring a thaw to the ASX have wilted as a chill once again returns to the banks, while miners enjoy a jump in the iron ore price.

Hedge funds take control of Slater & Gordon

Slater and Gordon is battling an exodus of senior talent, with its long-standing head of industrial relations the latest ...

Class action law firm Slater & Gordon is set to be owned by a consortium of international hedge funds after agreeing to a bailout that will see it emerge with a new board and strategy.

ASX ends 'subdued' earnings season

Outlook guidance for next year is less certain than it was.

The ASX emerged from August reporting season deflated by a mildly disappointing month of profit results, and undermined by heavy losses in big names.

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Investors are playing it safe.

8@eight: $A heading for US80c

The ASX is set to start the day in positive territory while the greenback weakness has the Aussie dollar heading towards US80c.

The ASX had a poor start to the week as earnings season winds down.

ASX heads south as banks weigh

More bad news for CBA shareholders and a broker downgrade to Qantas weighed on shares in the final days of earnings season.

Currencies

Wholesale Interbank Rates
Currencies Buys ($AU1) Sells ($AU1) $ Mvmt % Mvmt
AUD/USD 0.7942 0.7937 -0.0009fall -0.11% fall
AUD/EUR 0.667 0.6665 -0.0006fall -0.09% fall
Updated: September 1, 2017 - 11:30AM

Floats & IPOs

Upcoming IPOs
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
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

ASX - 52 Weeks Highs

Code Name New Highs Last Week Last Month
RLE REAL ENERGY CORP 0.145rise 0.081 0.130
GED GOLDEN DEEPS 0.041rise 0.035 0.040
MAU MAGNETIC RESOURCES 0.160rise 0.140 0.140
PAC PACIFIC GRP LTD 8.400rise 7.380 8.130
ALU ALTIUM LIMITED 10.070rise 8.860 10.030
AAR ANGLO AUSTRALIAN 0.056rise 0.050 0.051
FWD FLEETWOOD CORP 3.190rise 2.890 3.160
APX APPEN LIMITED 4.790rise 4.360 4.750
BRL BATHURST RES LTD. 0.165rise 0.152 0.152
RTR RUMBLE RES LIMITED 0.054rise 0.050 0.053
Updated: September 1, 2017 - 11:30AM

ASX - 52 Weeks Lows

Code Name New Lows Last Week Last Month
ICU ISENTRIC LTD. 0.030fall 0.060 0.060
CGN CRATER GOLD MIN LTD 0.008fall 0.010 0.009
CXZ CONNEXION MEDIA LTD 0.017fall 0.020 0.018
BYI BEYOND INTERNATIONAL 0.680fall 0.800 0.800
HCT HOLISTA COLLTECH LTD 0.090fall 0.105 0.096
GCR GOLDEN CROSS 0.008fall 0.009 0.009
EVO EVOLVE EDUCATION GRP 0.630fall 0.700 0.700
REG REGIS HEALTHCARE LTD 3.300fall 3.660 3.320
XPE XPED LIMITED 0.012fall 0.013 0.013
VOC VOCUS GROUP LTD 2.270fall 2.430 2.310
Updated: September 1, 2017 - 11:30AM