Stoxx 600 gains 2.2% - wise-owl.com · PDF fileU.S. stocks advanced with global ... 9/07/2015...

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Page 1: Stoxx 600 gains 2.2% - wise-owl.com · PDF fileU.S. stocks advanced with global ... 9/07/2015 UBS UBS SECURITIES AUSTRALIA ... owl may have an investment banking or other commercial

Stoxx 600 gains 2.2%

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Page 2: Stoxx 600 gains 2.2% - wise-owl.com · PDF fileU.S. stocks advanced with global ... 9/07/2015 UBS UBS SECURITIES AUSTRALIA ... owl may have an investment banking or other commercial

U.S. stocks advanced with global markets as Chinese equities

rebounded the most since 2009, easing concern over economic

growth. Shares pared an early rally as Greece approached a deadline

for securing a bailout.

Citigroup Inc. and Bank of America Corp. increased more than 1.4

percent as banks recovered from Wednesday’s drop.

The Standard & Poor’s 500 Index climbed 0.2 percent to 2,051.31 at 4

p.m. in New York, after falling 1.7 percent to a four-month low

yesterday. The Dow Jones Industrial Average gained 33.20 points, or

0.2 percent, to 17,548.62. The Nasdaq Composite Index rose 0.3

percent.

The Stoxx Europe 600 Index added 2.2 percent to 381.06 at the close

of trading, after flirting with a correction during the past two days. The

measure closed just under 10 percent below its April record on

Wednesday.

Global Markets Recover as Chinese Market Halts Slide

YESTERDAY IN THE INTERNATIONAL MARKETS Global Ticker Daily Change

S&P500 +0.23%

Dow Jones +0.19%

Nasdaq +0.26%

Stoxx 600 +2.19%

FTSE100 +1.40%

Dax30 +2.32%

Crude Oil +2.07%

Gold -0.37%

NYSE:BABA +1.41%

ETR:DTE +4.04%

NYSE:MRK +0.05%

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Following a weak lead from Wall Street on Wednesday night, the local

share market fell sharply on the opening.

In the last few weeks 100% of focus was on Greece, which however

has shifted now towards China and its plunging stock market. Despite

government incentives the Shanghai Composite Index extended its

selloff on Wednesday falling 5.9%. Market sentiment brightened on

Thursday which saw a rise of 5.8% at the of the trading day despite a

sharp fall on the opening.

The ASX 200 started a recovery in the afternoon and managed to

finished flat rising just 1.5 points.

There were mixed results from the sectors. Materials gained 1.5%

despite heavy losses in commodities the night before as investors

speculate for a near term recovery and iron ore prices rebounded

during Asian trade. Industrials and Telecoms finished in the black as

well gaining 0.3%. The worst performing sector was Utilities falling

1.3%.

ASX Recovers Losses to Finish Flat

THE ASX YESTERDAY IN REVIEW AUS Ticker Change

ASX200 +0.03%

ALLORDS -0.00%

CBA -0.20%

BHP +1.77%

ANZ -0.19%

BEN +0.00%

WBC -0.84%

IAG +0.00%

FLN +1.57%

NXR +12.90%

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DAILY PRICE ACTIVITY AUSTRALIA

ASX200 price action yesterday

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UPCOMING ANNOUNCEMENTS

Courtesy of http://www.brrmedia.com/calendar

What’s coming up?

DATE CODE COMPANY ANNOUNCEMENTDATE CODE COMPANY ANNOUNCEMENT

3/07/2015 NAB NATIONAL AUSTRALIA BANK LIMITED Date Payable

3/07/2015 CAM CLIME INVESTMENT MANAGEMENT LIMITED Record Date

6/07/2015 PCA PREFERRED CAPITAL LIMITED Date Payable

7/07/2015 INT INTERMOCO LIMITED EGM

7/07/2015 8IH 8I HOLDINGS LTD Annual General Meeting

8/07/2015 DGR DGR Global Limited Ex Div Date

8/07/2015 LWP LWP TECHNOLOGIES LIMITED EGM

9/07/2015 UBS UBS SECURITIES AUSTRALIA LIMITED Date Payable

9/07/2015 CM8 CROWD MOBILE LIMITED EGM

10/07/2015 STA STRANDLINE RESOURCES LIMITED EGM

13/07/2015 WCB WARRNAMBOOL CHEESE & BUTTER FACTORY CO.HOLD.LTD Annual General Meeting

13/07/2015 IDM IDM INTERNATIONAL LIMITED Annual General Meeting

14/07/2015 BIC BIRON APPAREL LIMITED Annual General Meeting

14/07/2015 CSR CSR LIMITED Annual General Meeting

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UPCOMING DIVIDENDS

Courtesy of http://www.morningstar.com.au/Stocks/UpcomingDividends

Tasty dividends

DATE CODE COMPANY ANNOUNCEMENTASX CODE COMPANY NAME EX DIVIDEND PAY DATE AMOUNT FRANKING %

CKF Collins Foods 07 Jul 2015 23 Jul 2015 6.50 100.00

DGR DGR Global 08 Jul 2015 31 Jul 2015 0.25 100.00

GSBA18 TB 5.50% 01-18 6M 09 Jul 2015 21 Jul 2015 275.00 --

GSBM17 TB 4.25% 07-17 6M 09 Jul 2015 21 Jul 2015 212.50 --

8IH 8I Holdings 10 Jul 2015 31 Aug 2015 0.94 0.00

MPP Metro Performance Glass 16 Jul 2015 04 Aug 2015 3.39 0.00

CUP Countplus 27 Jul 2015 14 Aug 2015 2.00 100.00

NABHA HY 3M PER Q X ST 29 Jul 2015 17 Aug 2015 85.44 --

GSBC17 TB 6.00% 02-17 6M 05 Aug 2015 17 Aug 2015 300.00 --

GSIO15 TIB +4.00% 08-15 3M 10 Aug 2015 20 Aug 2015 174.87 --

GSIO20 TIB +4.00% 08-20 3M 10 Aug 2015 20 Aug 2015 161.82 --

GSIC22 TIB +1.25% 02-22 3M 11 Aug 2015 21 Aug 2015 33.50 --

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WHATS HOT?

DATE CODE COMPANY ANNOUNCEMENT

WHATS NOT?

QAN.asx - steaming hot OFX.asx - cooling down

Not many ASX 200 stocks are currently

trading near 52-week highs, however QAN

remains at very high levels. A spectacular

turnaround in the past 24 months buoyed by

an internal strategic review and lower oil

prices has seen Qantas return to profit.

OZForex has recently broken technical

support and remains in its bearish

downtrend. After listing at $2 in 2013, OFX

rose significantly but is now reaching for the

initial listing price again. Investors fear the

highly competitive market and higher costs

required to maintain a competitive edge.

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ECONOMIC NEWS

What to look out for

DATE CODE COMPANY ANNOUNCEMENT

No economic news for

Australia

All eyes will be on

Greece as final

negotiations are

expected to conclude

this weekend

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NEWSWORTHY

This caught our attention..

DATE CODE COMPANY ANNOUNCEMENTNorthern Star Announces Record

Cashflow

Gold Miner Northern Star Resources (ASX:NST) announced a

record $183m free cashflow for FY15 in a statement to the

ASX this morning.

NST experienced a strong quarter in the three months to June

with record production. Free unaudited cashflow for FY15

reached a record of $183m, the highest the company has ever

achieved. NST sold a total of 580,784oz of Gold in FY15 which

was well in the guidance range of 550,000-600,000oz.

Read the full story here: https://www.wise-owl.com/news/northern-star-announces-record-cashflow

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LATEST UPDATE FROM WISE-OWL

Ardent Leisure Group (AAD)

CODE COMPANY ANNOUNCEMENT

Ardent Leisure Group (AAD) is an operator of leisure and entertainment

assets across Australia, New Zealand and the United States. AAD

operates Dreamworld, WhiteWater World, SkyPoint Climb, d'Albora

Marinas, AMF and Kingpin bowling centres and Goodlife fitness centres

across Australia and New Zealand.

The recent pullback presents a speculative buying opportunity in a

fundamentally strong company. AAD has recently experienced heavy

volatility, but it appears oversold in the short-term and enjoys

institutional support. The equity has broken its medium-term downtrend

which is our technical buying signal.

BUY | Price $2.25 | Target: $2.60 | Short-Term Trading Opportunity

View Full Report

ASX:AAD

Active Investors Recommendation: Ardent Leisure Group (AAD)

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A WISE-OWL PUBLICATION

Presented by Simon Herrmann

DATE CODE COMPANY ANNOUNCEMENT

Wise-owl.com

Discovering the Bluechips of Tomorrow

www.wise-owl.com

Wise owl specializes in identifying emerging companies and financial market trends

very early in their life cycle. The significant capital growth that often follows has earned

wise owl a formidable reputation for discovering ‘the bluechips of tomorrow’. Investors,

executives, and institutions harness this expertise through wise owl’s research, and

capital market services.

Phone: 1300 306 308

Phone (Int.): +61 2 8031 9700

Fax: 1300 304 306

Post: Suite 4.02 Level 4,139 Macquarie St, Sydney, 2000

Email: [email protected]

Follow us on Twitter | Like us on Facebook | Linkedin

Add me on Linkedin: https://au.linkedin.com/in/herrmannsimon

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LICENSE & DISCLAIMER

DATE CODE COMPANY ANNOUNCEMENTDISCLAIMER

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