Business

Movers

8@eight: Bulls making a run

Investors are playing it safe.

The bulls have built on yesterday's solid gain in risk assets and the platform has been provided for the ASX 200 to make an assault on the top esculents of its 15-week trading range.

Strategists double down on ASX miners

Miners have performed well this year compared to the broader market.

Resource stocks are outperforming both the broader index and the banks so far this year and, according to equity strategists, those gains have further to run.

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The A2 Milk Company delivered a trading update, maintaining its interest in exploring a special dividend.

Macquarie, A2 lead shares higher

The Australian sharemarket rose on Monday, lifted by Macquarie Group's upbeat trading update and the performance of commodity producers.

Currencies

The Australian dollar hit two-year high on Friday.

Australian dollar soars to two-year high

The Australian dollar hit two-year highs against its US counterpart this week, a handy boost to Aussies looking to buy overseas goods or holiday abroad this summer.

Wholesale Interbank Rates
Currencies Buys ($AU1) Sells ($AU1) $ Mvmt % Mvmt
AUD/USD 0.8004 0.8002 -0.0003fall -0.04% fall
AUD/EUR 0.6702 0.6698 -0.0017fall -0.25% fall
Updated: September 16, 2017 - 7:00AM

Floats & IPOs

Upcoming IPOs
Company Security Code Float date Issue $
Australia WeTouch Technology Ltd AWT 0.40
Biomics Biopharma Ltd BBM 0.20
Bryah Resources Ltd BYH 0.20
CropLogic Ltd CLI 31/08/2017 0.20
Doriemus PLC DOR 03/10/2017 0.26
Fat Prophets Global Property Fund FPP 04/10/2017 1.10
Galena Mining Limited G1A 07/09/2017 0.20
GEOOP Limited GEO 29/09/2017 0.00
The GO2 People Ltd GO2 22/09/2017 0.20
HyGieaCare Inc. HGC 25/09/2017 0.40
India Fund Ltd INF 1.00
Lustrum Minerals Ltd LRM 10/10/2017 0.20
Magellan Global Trust MGG 18/10/2017 1.50
Mayur Resources Ltd MRL 01/07/2017 0.40
MCP Master Income Trust MXT 09/10/2017 2.00
Northern Cobalt Ltd N27 17/08/2017 0.20
Nanollose Limited NC6 10/11/2017 0.20
Okapi Resources Ltd OKR 0.20
Prospech Ltd PRS 0.20
Restaurant Brands New Zealand Ltd RBD 0.00

ASX - 52 Weeks Highs

Code Name New Highs Last Week Last Month
GWR GWR GROUP LTD 0.115rise 0.064 0.065
AGY ARGOSY MINERALS LTD 0.220rise 0.160 0.170
ARU ARAFURA RESOURCE LTD 0.115rise 0.090 0.091
ZNO ZOONO GROUP LTD 0.305rise 0.240 0.285
TUP TTG FINTECH LTD 0.120rise 0.095 0.080
BOL BOOM LOGISTICS 0.155rise 0.125 0.130
KDR KIDMAN RESOURCES LTD 0.970rise 0.785 0.720
PEL PELICAN RESOURCES 0.016rise 0.013 0.016
RBR RBR GROUP LTD 0.011rise 0.009 0.009
MYE MASTERMYNE GROUP LTD 0.655rise 0.540 0.560
Updated: September 15, 2017 - 5:42PM

ASX - 52 Weeks Lows

Code Name New Lows Last Week Last Month
GGX GAS2GRID LIMITED 0.002fall 0.003 0.003
SHK STONE RESOURCES AUS 0.002fall 0.003 0.003
JIP JACK-IN GROUP LTD 0.130fall 0.190 0.150
SM8 SHARK MITIGATION 0.030fall 0.041 0.042
TMX TERRAIN MINERALS 0.006fall 0.008 0.008
WRM WHITE ROCK MIN LTD 0.011fall 0.014 0.013
XTD XTD LTD 0.044fall 0.054 0.055
PPL PUREPROFILE LTD 0.220fall 0.260 0.240
BBG BILLABONG 0.517fall 0.605 0.700
CLV CLOVER CORPORATION 0.360fall 0.420 0.400
Updated: September 15, 2017 - 6:50PM