Markets Live: Twenty six years of growth
Shares lurch back from early, Wall St-inspired losses, while ABS GDP data comes in slightly below expectations but stamps 26 years without a formal recession.
Shares lurch back from early, Wall St-inspired losses, while ABS GDP data comes in slightly below expectations but stamps 26 years without a formal recession.
A foray over US80¢ for the Australian dollar proved to be short-lived, with traders expressing their disappointment in second-quarter GDP data on Wednesday by selling the currency.
Australia's economy expanded by 0.8 per cent in the June quarter and grew 1.8 per cent over the 12 months to June, official figures show.
It's been a big night as far as leads go for Asia, with the ASX set up for a sharp drop at the open.
​US stocks have dropped, with the S&P; 500 stumbling to its biggest single-day loss in about three weeks, as investors weigh fresh tensions with North Korea.
Investors kept a wary eye on developments in North Korea as they pushed the market slightly higher on Tuesday, after a relatively upbeat RBA message and more solid economic data helped steady nerves.
Wall Street was closed for the Labor Day holiday but the local sharemarket is set to inch higher at the open..
Bitcoin tumbled the most since July after China's central bank said initial coin offerings are illegal and asked all related fundraising activity to be halted immediately.
Stock markets are headed for a big sell-off, maybe not today, but soon.
North Korea's weekend bomb test unsettled market and sparked another flight to less risky assets, cruelling what had looked likely an upbeat start to the ASX's week.
Global scarcity of the greenback looms as the US prepares to turn off the liquidity tap.
Uncertain start to the week in store for the ASX on the back of the weekend geopolitical developments
Australia's economy expanded by 0.8 per cent in the June quarter and grew 1.8 per cent over the 12 months to June, official figures show.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.7989 | 0.7986 | -0.0009fall | -0.11% fall |
AUD/EUR | 0.6708 | 0.6704 | -0.0005fall | -0.07% fall |
Updated: September 6, 2017 - 3:29PM |
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 |
HyGieaCare Inc. | HGC | 25/09/2017 | 0.40 |
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 |
Code | Name | New Highs | Last Week | Last Month |
---|---|---|---|---|
RIE | RIEDEL RESOURCES LTD | 0.044rise | 0.032 | 0.032 |
BSX | BLACKSTONE LTD | 0.370rise | 0.270 | 0.310 |
OMH | OM HOLDINGS LIMITED | 0.550rise | 0.430 | 0.430 |
ELS | ELSIGHT LTD | 0.290rise | 0.240 | 0.240 |
MAU | MAGNETIC RESOURCES | 0.240rise | 0.200 | 0.140 |
BUL | BLUE ENERGY LIMITED | 0.097rise | 0.081 | 0.083 |
DGH | DESANE GROUP HLDINGS | 1.370rise | 1.160 | 1.160 |
TBR | TRIBUNE RES LTD | 8.500rise | 7.210 | 7.210 |
TGN | TUNGSTEN MIN NL | 0.110rise | 0.095 | 0.093 |
TPW | TEMPLE & WEBSTER LTD | 0.375rise | 0.330 | 0.330 |
Updated: September 6, 2017 - 3:36PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
OGX | ORINOCO GOLD LTD | 0.030fall | 0.049 | 0.049 |
ACR | ACRUX LIMITED | 0.182fall | 0.255 | 0.240 |
THD | THRED LIMITED | 0.005fall | 0.006 | 0.006 |
TNT | TESSERENT LIMITED | 0.059fall | 0.070 | 0.070 |
EDE | EDEN INV LTD | 0.160fall | 0.185 | 0.175 |
TAS | TASMAN RESOURCES LTD | 0.125fall | 0.140 | 0.135 |
CSV | CSG LIMITED | 0.340fall | 0.380 | 0.380 |
MZI | MZI RES LTD | 0.160fall | 0.175 | 0.175 |
CAT | CATAPULT GRP INT LTD | 1.455fall | 1.585 | 1.600 |
EVO | EVOLVE EDUCATION GRP | 0.580fall | 0.630 | 0.700 |
Updated: September 6, 2017 - 3:36PM |
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