Markets Live: ASX in best week since March
![Prices displayed on an electronic trading board in Sydney.](http://web.archive.org./web/20171014045031im_/https://www.fairfaxstatic.com.au/content/dam/images/g/x/8/p/u/k/image.related.landscape.120x80.gz03fa.png/1507873131452.jpg)
Australian shares rallied to their best week since March, in a broad-based advance led by consumer discretionary and utility companies.
Australian shares rallied to their best week since March, in a broad-based advance led by consumer discretionary and utility companies.
President Donald Trump seems to have another obsession: The stock market. He seems to view the market as giving him a standing ovation.
This AGM season several large companies will have to face increasingly awkward questions from investors looking well beyond the numbers.
US stocks ended their week higher, following upbeat economic data and gains in technology shares.
Consumer discretionary and utility companies led a broad-based advance on the Australian sharemarket.
Australian money is pouring into Bitcoin, which hit another record high on Friday, swelling the market capitalisation to $US160 billion.
These two charts go some way to explaining why the Aussie continues to find buyers.
A flat start to the final day of the trading week is expected on the back of a soft Wall Street session.
Bitcoin bubble or just the beginning? Or both? Those are the questions being asked on Wall Street to Main Street after it broke through $US5000.
A company part-owned by Gina Rinehart wants a government loan so it can recover $700 million of onshore gas in Victoria.
Australian stocks advanced in a broad-based rally that lifted the market to levels last recorded at the end of June.
Washington looks like a train wreck but Wall Street has never been in better shape. What gives?
These two charts go some way to explaining why the Aussie continues to find buyers.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.789 | 0.7888 | 0.0069rise | 0.87% rise |
AUD/EUR | 0.6674 | 0.6671 | 0.0062rise | 0.93% rise |
Updated: October 14, 2017 - 7:59AM |
Company | Security Code | Float date | Issue $ |
---|---|---|---|
5GN Networks Limited | 5GN | 27/10/2017 | 0.25 |
Appetise (Holdings) Limited | ATZ | 07/11/2017 | 0.20 |
Bojun Agriculture Holdings Limited | BAH | 06/11/2017 | 0.30 |
Cape Range Ltd | CAG | 08/11/2017 | 0.20 |
CannPal Animal Therapeutics Limited | CP1 | 19/10/2017 | 0.00 |
State Gas Limited | GAS | 17/10/2017 | 0.20 |
Johns Lyng Group Limited | JLG | 25/10/2017 | 0.00 |
Magellan Global Trust | MGG | 18/10/2017 | 1.50 |
Nanollose Limited | NC6 | 10/11/2017 | 0.20 |
Registry Direct Limited | RD1 | 16/10/2017 | 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 |
---|---|---|---|---|
CDT | CASTLE MINERALS | 0.060rise | 0.012 | 0.015 |
ICI | ICANDY INTERACTIVE | 0.225rise | 0.085 | 0.085 |
BXN | BIOXYNE LTD | 0.052rise | 0.031 | 0.032 |
MUS | MUSTANG RESOURCES | 0.175rise | 0.105 | 0.105 |
CAY | CANYON RESOURCES LTD | 0.145rise | 0.091 | 0.093 |
WHA | WATTLE HEALTH AU LTD | 1.470rise | 0.970 | 0.990 |
LKO | LAKES OIL NL | 0.003rise | 0.002 | 0.002 |
ELS | ELSIGHT LTD | 0.800rise | 0.535 | 0.320 |
ABR | AMERICAN PACIFIC | 0.480rise | 0.325 | 0.310 |
AAJ | ARUMA RESOURCES LTD | 0.016rise | 0.011 | 0.013 |
Updated: October 13, 2017 - 4:21PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
SCL | SCHROLE GROUP LTD | 0.028fall | 0.100 | 0.100 |
ADO | ANTEO DIAGNOSTICS | 0.008fall | 0.014 | 0.014 |
XIP | XENITH IP GROUP LTD | 1.000fall | 1.705 | 1.645 |
MED | MERLIN DIAMONDS LTD | 0.004fall | 0.006 | 0.005 |
BLY | BOART LONGYEAR | 0.014fall | 0.020 | 0.019 |
EDE | EDEN INV LTD | 0.125fall | 0.175 | 0.160 |
KNO | KNOSYS LIMITED | 0.050fall | 0.070 | 0.072 |
TDL | TBG DIAGNOSTICS LTD | 0.081fall | 0.110 | 0.100 |
SXA | STRATA-X ENERGY LTD | 0.021fall | 0.028 | 0.027 |
TAS | TASMAN RESOURCES LTD | 0.100fall | 0.130 | 0.125 |
Updated: October 13, 2017 - 4:14PM |
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