Business

Movers

Markets Live: Banks bolster ASX

The ASX looks set for a modestly upbeat start to the week.

Strong appetite for the banks on Monday bolstered the ASX with investors taking their lead from a record-breaking Friday night on Wall Street.

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.

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

Strategists double down on ASX miners

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.

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 0.7958 0.7957 -0.0045fall -0.56% fall
AUD/EUR 0.6669 0.6664 -0.0033fall -0.49% fall
Updated: September 19, 2017 - 3:20AM

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
NWE NORWEST ENERGY NL 0.007rise 0.004 0.004
PAB PATRYS LIMITED 0.033rise 0.022 0.006
TEG TRIANGLE ENERGY LTD 0.235rise 0.170 0.135
EUC EUROPEAN COBALT LTD 0.115rise 0.093 0.078
YOJ YOJEE LIMITED 0.165rise 0.140 0.115
ARL ARDEA RESOURCES LTD 1.150rise 1.010 1.035
PEL PELICAN RESOURCES 0.018rise 0.016 0.016
KGN KOGAN.COM LTD 4.270rise 3.830 3.650
CGM COUGAR METALS NL 0.022rise 0.020 0.021
TAR TARUGA GOLD LTD 0.066rise 0.060 0.065
Updated: September 18, 2017 - 6:50PM

ASX - 52 Weeks Lows

Code Name New Lows Last Week Last Month
QSS QUESTUS LIMITED 0.013fall 0.020 0.018
ENZ ENZUMO LIMITED 0.040fall 0.055 0.050
TNT TESSERENT LIMITED 0.051fall 0.062 0.070
GTR GTI RESOURCES 0.010fall 0.012 0.012
ABV ADV BRAKING TECH LTD 0.005fall 0.006 0.005
ACL ALCHEMIA LIMITED 0.007fall 0.008 0.007
BSR BASSARI RESOURCES 0.014fall 0.016 0.014
PTX PRESCIENT LTD 0.047fall 0.052 0.051
PNX PNX METALS LIMITED 0.010fall 0.011 0.010
JPR JUPITER ENERGY 0.100fall 0.110 0.100
Updated: September 18, 2017 - 6:50PM