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Movers

Markets Live: Investors cheer Fed

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Shares are set to climb at the open after Wall St climbed on hopes of a slow and steady path of Fed rate rises, as the Aussie pushes above 75 US cents.

8@eight: Focus on the Fed

Investors are playing it safe.

The ASX is set to rise at the open, with SPI futures pushing up a modest eight points overnight.

Sigma shares plunge on legal wrangle

My Chemist plans to start purchasing "certain products" from another wholesaler, triggering a legal battle with Sigma.

Shares of Sigma Healthcare have plunged after the pharmaceutical company said it was planning legal action against the My Chemist/Chemist Warehouse Group over an alleged breach of a supply agreement.

ASX seesaws higher

The benchmark S&P/ASX 200 index and the broader All Ordinaries Index each closed 0.15 per cent higher.

The local sharemarket shrugged off a ratings downgrade to China and falling iron ore futures to push slightly higher on Wednesday.

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Currencies

The euro also advanced against the Australian dollar, up 0.8 per cent to $US1.49246, near an eight-month high.

Euro nears 8-month high v $A

The euro surged more than 1 per cent v the $US, to its highest level since Donald Trump was elected US president in November.

Wholesale Interbank Rates
Currencies Buys ($AU1) Sells ($AU1) $ Mvmt % Mvmt
AUD/USD 0.75 0.7499 -0.0003fall -0.04% fall
AUD/EUR 0.6683 0.6681 -0.0005fall -0.07% fall
Updated: May 25, 2017 - 9:19AM

Market Details

Volatility S&P/ASX 200 VIX
Price
12.27
Change in
-0.4520fall
Percentage up/down
(-3.55%) fall
Today's market compared to previous close
Turnover
Sector Turnover ($AU) Volume Trades
Market total 5,084,244,184 1,625,954,376 1,151,652
Industrial 3,789,330,974 735,336,332 930,262
Mining 1,199,740,383 890,009,530 216,005
Last updated: May 24, 2017 - 5:55PM

ASX - 52 Weeks Highs

Code Name New Highs Last Week Last Month
CYU CHINALCO YUNNAN 0.011rise 0.008 0.010
ENX ENEGEX LIMITED 0.022rise 0.017 0.011
SOP SML CORPORATION LTD 0.038rise 0.031 0.030
TAR TARUGA GOLD LTD 0.060rise 0.050 0.053
DWS DWS LTD 1.870rise 1.680 1.620
ITL INTEGRATED MEDIA 6.050rise 5.600 6.000
ALQ ALS LTD 6.850rise 6.440 6.380
ILU ILUKA RESOURCES 9.210rise 8.660 9.000
IPC IMPERIAL PACIFIC LTD 1.010rise 0.950 1.000
NXT NEXTDC LIMITED 4.710rise 4.450 4.260
Updated: May 24, 2017 - 6:50PM

ASX - 52 Weeks Lows

Code Name New Lows Last Week Last Month
MRG MURRAY RIVER GRP 0.280fall 0.610 1.100
SIG SIGMA HEALTH LTD 0.807fall 1.180 1.200
MAG MAGMATIC RESRCE LTD 0.150fall 0.195 0.000
GBM GBM GOLD LTD 0.007fall 0.009 0.009
ANR ANATARA LS LTD 0.720fall 0.920 1.060
UTR ULTRACHARGE LTD 0.020fall 0.025 0.023
XPD XPD SOCCER GEAR GRP 0.027fall 0.033 0.034
CAN CANN GROUP LTD 0.450fall 0.550 0.000
YPB YPB GROUP LTD 0.065fall 0.078 0.100
FOD THE FOOD REVOLUTION 0.047fall 0.056 0.058
Updated: May 24, 2017 - 6:50PM

Floats & IPOs

Upcoming IPOs
Company Security Code Float date Issue $
Alderan Resources Limited AL8 29/05/2017 0.20
Biomics Biopharma Limited BBM 02/06/2017 0.20
Bryah Resources Limited BYH 31/05/2017 0.20
Contango Global Growth Limited CQG 23/06/2017 1.10
Eagle Health Holdings Limited EHH 29/06/2017 0.40
Golden Mile Resources Ltd G88 29/05/2017 0.20
Imagion Biosystems Limited IBX 30/05/2017 0.20