Markets Live: ASX slumps again
![Local shares are poised to open higher as tech and auto markers lifted Wall Street to fresh records.](http://web.archive.org./web/20171004051325im_/https://www.fairfaxstatic.com.au/content/dam/images/g/x/8/p/u/k/image.related.landscape.120x80.gytsf6.png/1507090798057.jpg)
Shares shrug off another positive offshore lead to record widespread losses, led by selling in the major banks and supermarket owners.
Shares shrug off another positive offshore lead to record widespread losses, led by selling in the major banks and supermarket owners.
A resurgent US dollar will sink the Aussie in coming months, despite the chance of an RBA rate rise in early 2018, strategists predict.
The Australian market looks set to open higher, as market optimism turns positive after overseas stock markets rose overnight.
Following every deadly mass shooting in the United States, US gun stocks rise. It's happened again this week following Sunday's attack at a Las Vegas concert.
Investors scooped the profits from energy names after a tumble in the oil price, while selling in QBE dragged the sharemarket into the red.
Oil faces three big geopolitical threats in October, just as a bull market move looks to have run out of puff.
The RBA has kept rates steady at their historical low of 1.5 per cent, as widely expected, while offering little to encourage talk the central bank will hike in 2018.
We are looking at another stronger open for the Australian equity market ahead of the RBA rates announcement this afternoon.
The ASX celebrated the start of a new month with solid gains on Monday after investors jumped into mining stocks.
Shares start the month on the front foot after investors pile into miners, sending South32 to fresh highs, while Beach Energy shares surge on their return to trade.
Local sharemarket poised to open the week in positive territory after tech stocks pushed Wall Street higher.
Local shares are poised to open higher, but will they break out of their months-long sideways pattern?
A resurgent US dollar will sink the Aussie in coming months, despite the chance of an RBA rate rise in early 2018, strategists predict.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.7862 | 0.786 | 0.0026rise | 0.33% rise |
AUD/EUR | 0.668 | 0.6677 | 0.0007rise | 0.10% rise |
Updated: October 4, 2017 - 4:10PM |
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 |
CannPal Animal Therapeutics Limited | CP1 | 19/10/2017 | 0.00 |
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 |
MCP Master Income Trust | MXT | 09/10/2017 | 2.00 |
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 |
Tando Resources Limited | TNO | 20/10/2017 | 0.20 |
Code | Name | New Highs | Last Week | Last Month |
---|---|---|---|---|
TKL | TRAKA RESOURCES | 0.048rise | 0.030 | 0.031 |
YOJ | YOJEE LIMITED | 0.270rise | 0.177 | 0.177 |
BAS | BASS OIL LTD | 0.006rise | 0.004 | 0.004 |
EUC | EUROPEAN COBALT LTD | 0.240rise | 0.175 | 0.175 |
ZNO | ZOONO GROUP LTD | 0.465rise | 0.355 | 0.355 |
ELS | ELSIGHT LTD | 0.400rise | 0.320 | 0.320 |
LCT | LIVING CELL TECH. | 0.225rise | 0.185 | 0.185 |
HAO | HAOMA MINING NL | 0.250rise | 0.210 | 0.210 |
ARV | ARTEMIS RESOURCES | 0.332rise | 0.280 | 0.280 |
DOR | DORIEMUS PLC | 0.610rise | 0.525 | 0.525 |
Updated: October 4, 2017 - 4:10PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
SP1 | SEARCH PARTY GROUP | 0.001fall | 0.004 | 0.004 |
WPG | WPG RES LTD | 0.018fall | 0.035 | 0.035 |
RIM | RIMFIRE PACIFIC | 0.017fall | 0.020 | 0.020 |
KNO | KNOSYS LIMITED | 0.070fall | 0.082 | 0.072 |
HT1 | HT&E; LIMITED | 1.760fall | 2.050 | 2.050 |
OBJ | OBJ LIMITED | 0.035fall | 0.039 | 0.039 |
SVT | SERVTECH GLOBAL LTD | 0.080fall | 0.088 | 0.088 |
MZI | MZI RES LTD | 0.105fall | 0.115 | 0.115 |
RFX | REDFLOW LIMITED | 0.086fall | 0.093 | 0.091 |
SXL | STHN CROSS MEDIA | 1.090fall | 1.172 | 1.172 |
Updated: October 4, 2017 - 4:10PM |
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