Business

Movers

Markets Live: Oil jumps, ASX sputters

Policy shifts by central banks continue to hold sway over market sentiment.

Energy stocks are the day's winners after crude oil prices jumped overnight, but sharemarket gains are squashed by selling in the banks, miners and retail stocks.

ASX skids lower on banks

The ASX ended in the red on Tuesday as banks declined.

Energy companies were the big ASX winners as they climbed along with oil prices, but the gains weren't enough to offset bank losses.

Advertisement
Professional investors are shrugging off talk of higher interest rates.

The big worry for the ASX

The prospect of higher interest rates isn't spooking global investors, but something else has Australian shares the most "underweighted" index in the region.

Currencies

Wholesale Interbank Rates
Currencies Buys ($AU1) Sells ($AU1) $ Mvmt % Mvmt
AUD/USD 0.788 0.7878 -0.0056fall -0.71% fall
AUD/EUR 0.6695 0.6691 -0.0004fall -0.06% fall
Updated: September 27, 2017 - 1:10AM

Floats & IPOs

Upcoming IPOs
Company Security Code Float date Issue $
Appetise (Holdings) Limited ATZ 07/11/2017 0.20
Bojun Agriculture Holdings Limited BAH 06/11/2017 0.30
CropLogic Ltd CLI 31/08/2017 0.20
CannPal Animal Therapeutics Limited CP1 19/10/2017 0.00
Doriemus PLC DOR 03/10/2017 0.26
engage:BDR Limited EN1 06/10/2017 0.20
Fat Prophets Global Property Fund FPP 04/10/2017 1.10
State Gas Limited GAS 17/10/2017 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
Lustrum Minerals Ltd LRM 10/10/2017 0.20
Magellan Global Trust MGG 18/10/2017 1.50
Mayur Resources Ltd MRL 21/09/2017 0.40
MCP Master Income Trust MXT 09/10/2017 2.00
Northern Cobalt Ltd N27 22/09/2017 0.20
Nanollose Limited NC6 10/11/2017 0.20
Registry Direct Limited RD1 16/10/2017 0.20
Stirfire Limited SFS 29/09/2017 0.20
Tao Commodities Ltd TAO 31/10/2017 0.20

ASX - 52 Weeks Highs

Code Name New Highs Last Week Last Month
EUC EUROPEAN COBALT LTD 0.170rise 0.145 0.078
PPK PPK GROUP LIMITED 0.200rise 0.180 0.200
SKB SKYDIVE THE BEACH GR 0.680rise 0.640 0.650
BOL BOOM LOGISTICS 0.175rise 0.165 0.130
MAH MACMAHON HOLDINGS 0.200rise 0.197 0.187
BIS BISALLOY STEEL 0.740rise 0.730 0.700
AYF AUSTRALIAN ENHANCED 6.250rise 6.200 6.150
PAI PLATINUM ASIA LTD 1.080rise 1.075 1.075
MEQ METLIFECARE LTD 0.000rise 0.000 0.000
PSI PSC INSURANCE LTD 2.850rise 2.850 2.730
Updated: September 26, 2017 - 6:50PM

ASX - 52 Weeks Lows

Code Name New Lows Last Week Last Month
CLY CLANCY EXPLORATION 0.002fall 0.003 0.004
MTH MITHRIL RESOURCES 0.002fall 0.003 0.003
SHK STONE RESOURCES AUS 0.002fall 0.003 0.003
BLY BOART LONGYEAR 0.019fall 0.026 0.043
EYM ELYSIUM RESOURCES 0.007fall 0.008 0.007
LGR LANKA GRAPHITE LTD 0.040fall 0.045 0.046
88E 88 ENERGY LTD 0.018fall 0.020 0.029
XPE XPED LIMITED 0.009fall 0.010 0.013
PEK PEAK RESOURCES 0.037fall 0.040 0.040
ESH ESPORTS MOGUL ASIA 0.013fall 0.014 0.015
Updated: September 26, 2017 - 5:30PM