Markets Live: Oil jumps, ASX sputters
![Policy shifts by central banks continue to hold sway over market sentiment.](http://web.archive.org./web/20170926152229im_/https://www.fairfaxstatic.com.au/content/dam/images/g/y/o/o/c/z/image.related.landscape.120x80.gyop6k.png/1506407904484.jpg)
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.
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.
Small to mid-sized oil and gas firms are rushing to fill the ballooning gas shortfall, which has forced prices higher.
Engie has announced a $1.87 billion green bond to support a greater push into renewable energy.
Energy companies were the big ASX winners as they climbed along with oil prices, but the gains weren't enough to offset bank losses.
Iron ore is officially in a bear market so will the mining sector follow it lower?
The company behind the Australian stock exchange believes it has found the global "sweet spot" for attracting companies to list on the local market.
Tensions between the US and North Korea take another sour turn to knock Wall Street lower but the local sharemarket is still set for a positive start. .
Westpac chief economist Bill Evans is unconvinced by the recent chatter about RBA rate rises, saying there is a case for no hikes until 2020.
Shares ended Monday's session with mild gains, as early strength faded along with share prices in the banking sector.
The prospect of higher interest rates isn't spooking global investors, but something else has Australian shares the most "underweighted" index in the region.
Iron ore has slumped back into a bear market after posting the biggest weekly loss in 16 months.
Markets have reacted coolly to a surprisingly strong result from Germany's far-right party, but strategists warn the rising populist trend in Europe remains intact.
The Australian dollar recorded its biggest fall for a single session in four months, with analysts suggesting it could fall lower still.
Currencies | Buys ($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 |
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 |
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 |
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 |
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