Europe mixed ASX set to open lower - Wise · The benchmark index ASX200 added 29.5 points or 0.4%...
Transcript of Europe mixed ASX set to open lower - Wise · The benchmark index ASX200 added 29.5 points or 0.4%...
Europe mixed
ASX set to open lower
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U.S. stocks fell for the first time in four days, reversing much of
Tuesday’s rally as disappointing results from Macy’s Inc. to Walt
Disney Co. heightened concern that American consumers remain
hesitant to boost spending. West Texas Intermediate crude rallied 3.5
percent to settle at $46.23 a barrel after the U.S. Energy Information
Administration said oil stockpiles fell 3.41 million barrels last week.
The misses from Disney and Macy’s sent consumer discretionary
shares tumbling the most in three months as investors await Friday’s
government report on retail sales.
The S&P 500 fell 1 percent to 2,064.46 at 4 p.m. in New York, after
rising 1.3 percent yesterday, the most in two months. The Dow Jones
Industrial Average sank 217.23 points, or 1.2 percent, to 17,711.12,
following a 222-point climb Tuesday. The Nasdaq Composite Index
decreased 1 percent. About 7.1 billion shares traded hands on U.S.
exchanges, 7 percent below the three-month average.
The Stoxx Europe 600 Index lost 0.5 percent, snapping a two-day gain.
A gauge of lenders fell the most on the index, with Raiffeisen Bank
International AG tumbling.
U.S. Stocks Fall As Earnings Disappoint; Crude at 2016 High
YESTERDAY IN THE INTERNATIONAL MARKETS Global Ticker Daily Change
S&P 500 -0.96%
Dow Jones -1.21%
NASDAQ -1.02%
STOXX 600 -0.45%
FTSE100 +0.09%
DAX30 -0.70%
Crude Oil +3.52%
Gold +0.85%
The local share market rose yesterday, buoyed by gains in mining and
resource stocks after most commodity prices lifted overnight. While
crude oil prices remain volatile, overall the commodity has gained 75%
since its January low.
The benchmark index ASX200 added 29.5 points or 0.4% and was last
quoted at 5372.3 points.
All sectors finished in the green, with the exception of Financials, which
declined just 0.1%. Bank stocks rose in the past few weeks following
somewhat stable results, however the rally ran out of steam yesterday.
Materials was the best performing sector as BHP Billiton (BHP) added
2.9%, Fortescue Metals Group surged 3.2% and Rio Tinto gained
0.6%.
The Australian Bureau of Statistics announced that the number of
home loans declined 0.9% during March.
Australian Share Market Buoyed by Miners
THE ASX YESTERDAY IN REVIEW AUS Ticker Change
ASX200 +0.55%
ALLORDS +0.57%
CBA +0.14%
BHP +2.86%
WBC +0.13%
NAB +0.28%
TFC +0.98%
FLN +2.53%
WOW +5.46%
DAILY PRICE ACTIVITY AUSTRALIA
ASX200 price action yesterday
UPCOMING DIVIDENDS
Courtesy of http://www.morningstar.com.au/Stocks/UpcomingDividends
Tasty dividends & distributions
DATE CODE COMPANY ANNOUNCEMENTASX CODE COMPANY NAME EX DIVIDEND PAY DATE AMOUNT FRANKING %
MGP Managed Accounts 13 May 2016 24 May 2016 0.20 0.00
SBKHB CN 3M PER Q 13 May 2016 31 May 2016 74.96 --
SUNPD -- 13 May 2016 23 May 2016 127.82 0.00
SVWPA -- 13 May 2016 31 May 2016 249.71 100.00
UOS United Overseas Australia 13 May 2016 07 Jun 2016 2.50 0.00
WOWHC HY 3M 11-36 Q RD T 13 May 2016 24 May 2016 136.36 --
YTMCTX -- 13 May 2016 26 May 2016 362.50 0.00
CGFPA -- 16 May 2016 25 May 2016 98.00 100.00
ECX Eclipx Group 16 May 2016 30 Jun 2016 6.75 100.00
YTMSG1 -- 16 May 2016 30 May 2016 412.50 0.00
BENPE -- 17 May 2016 30 May 2016 194.42 100.00
MQG Macquarie Group 17 May 2016 04 Jul 2016 240.00 40.00
WHATS HOT?
DATE CODE COMPANY ANNOUNCEMENT
WHATS NOT?
GOR.asx - steaming hot SIO.asx - cooling down
Shares of Gold Road Resources have risen
40% year-to-date. The gold miner recently
announced the signing of the native title
agreement, a major milestone for its Gruyere
project, as the Yarmana Greenstone Belt’s
leases have been granted by the state
Government.
Shares of Simonds Group Limited have
declined 80% since the beginning of 2016. The
company recently announced that the CEO of
its RTO – Builders Academy Australia resigned
and is set to conclude his tenure in June 2016.
ECONOMIC NEWS
What to look out for:
DATE CODE COMPANY ANNOUNCEMENT
No economic news for
Australia or any of the
other major Asian
economies
No changes for the UK
cash rate expected
U.S. import and export
data due tonight
NEWSWORTHY
This caught our attention..
DATE CODE COMPANY ANNOUNCEMENTBig Un Limited Signs Strategic Partnership
Agreement with Velpic
Big Un Limited (ASX:BIG) announced that it has entered into a
strategic partnership agreement with Velpic Limited (ASX:VPC), a
cloud-based e-learning platform.
According to the statement released, Big and Velpic have agreed to
assist each other in creating video content for the platform and will
jointly promote each other’s services.
Velpic has subscribed to Big’s services as part of the collaborative
agreement, and Big will produce video content for Velpic’s online e-
learning platform. Big will also include inductions and focused
training lessons that are suitable for various sectors.
Velpic offers a unique online platform with scalable, cloud-based
training, induction and education for businesses with the flexibility
for administrators and trainers to create specific lessons for staff.
Click Here to Read the Full Story
LATEST UPDATE FROM WISE-OWL
LiveHire Limited (LVH)
CODE COMPANY ANNOUNCEMENTFloat Watch: LiveHire Limited (LVH) - IPO
Report
ASX:LVH
LiveHire Limited (“LiveHire”, “the Company”) is an Australian
technology company focused on human resource software.
LiveHire’s primary product is the ‘Talent Community’ software, a
cloud-based online software application which assists employees
with tasks related to Human Resources (HR) and recruitment. The
platform is an online ecosystem for employees and employers and
automatically matches talent with job opportunities. The company
was founded in 2011.
LiveHire has witnessed early interest for its product and has a ‘first
mover’ advantage in the industry. The company has secured 38
clients to date which has resulted in first revenues. There is scope
for exponential growth as the subscription model is recurring in
nature and incrementally linked to the size of the client’s network.
IPO | Offer Price: $0.20 | Listing: 3rd June | Rating: 1.5/5
Click Here to View Full Report
OUR VIEWS AT A GLANCE
Find below a summary of Wise-owl’s current market views
CODE COMPANY ANNOUNCEMENT
The ASX 200 has potential to outperform international markets in 2016/17
We continue to focus on small-mid cap stocks
There are individual opportunities on the ASX 200
We favour the risk/reward ratio for gold miners
We see value in European equities
We see little upside for US stocks
A WISE-OWL PUBLICATION
Presented by Simon Herrmann
DATE CODE COMPANY ANNOUNCEMENT
Wise-owl.com
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DATE CODE COMPANY ANNOUNCEMENTDISCLAIMER
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