Australia

Here's an update on Australian real estate. The "Australian Mortgage Industry Report", a joint research whitepaper by JPMorgan and Fujitsu Consulting, due to be published next month, makes the prediction that some 750,000 Australian homeowners will be subjected to "mortgage stress" in the coming months - which means more than 35 per cent of their income will be allocated to home-loan repayments alone.

In this section of MyShareTrading.com we look at the big movers among the Penny Stocks listed on the Australian Stock Exchange. What are penny stocks on the Australian Stock Exchange? Well for the purposes of this website - any stock below 100 cents or $1. What is a penny?

Penny Stock Movers for the Australian Stock Market today: Travel.com.au [TVL] moved 2,782,010 shares to the value of $701,649 today escalating in price by 54% with a high of 0.285. Washington [WRL] moved 53.33% with a high of 0.23. Latrobe [LMG] moved 23.08% with a high of 0.017 - 41,028,302 stocks were moved to the value of $621,982. Sabre [SBR] showed a 20.83% move with a high of 0.145. Falcon [FCN] moved 27.78% to a high of 0.345. Allegiance [AGM] moved 27.59% to a high of 0.43. Penny stocks move spectacularly but the inherent risk of trading these stocks is the lack of liquidity.