+ All Categories
Home > Documents > European equities gain 0.7% ASX Futures up 20 points · (ASX:BPT) jumped 11.3%. The Gross Domestic...

European equities gain 0.7% ASX Futures up 20 points · (ASX:BPT) jumped 11.3%. The Gross Domestic...

Date post: 30-Jul-2018
Category:
Upload: truongthuan
View: 212 times
Download: 0 times
Share this document with a friend
13
European equities gain 0.7% ASX Futures up 20 points wise-owl.com Powered by
Transcript
Page 1: European equities gain 0.7% ASX Futures up 20 points · (ASX:BPT) jumped 11.3%. The Gross Domestic Product (GDP) released by the Australian Bureau of Statistics showed an increase

European equities gain 0.7%

ASX Futures up 20 points

wise-owl.comPowered by

Page 2: European equities gain 0.7% ASX Futures up 20 points · (ASX:BPT) jumped 11.3%. The Gross Domestic Product (GDP) released by the Australian Bureau of Statistics showed an increase

U.S. stocks advanced, extending their eight-week highs with banks and

energy shares rallying for a second day as improving data bolstered

optimism on the economy.

The Standard & Poor’s 500 Index rose 0.4 percent to 1,986.36 at 4

p.m. in New York, holding at the highest since Jan. 6.

A report today showed companies in the U.S. added more workers

than forecast to their payrolls, another positive signal on the economy

after gauges showing stability at American factories, major carmakers

and in the public and private construction industries helped spur a rally

yesterday.

The Stoxx Europe 600 Index added 0.7% yesterday, led by mining and

financial stocks.

Most commodities rallied overnight as Crude Oil, Gold, Silver and

Copper prices edged higher, while Natural Gas dropped 4%.

US Stocks Gain amid Better than Expected Data

YESTERDAY IN THE INTERNATIONAL MARKETS Global Ticker Daily Change

S&P500 +0.41%

Dow Jones +0.20%

NASDAQ +0.29%

STOXX 600 +0.66%

FTSE100 -0.09%

DAX30 +0.61%

Crude Oil +0.76%

Gold +0.90%

Page 3: European equities gain 0.7% ASX Futures up 20 points · (ASX:BPT) jumped 11.3%. The Gross Domestic Product (GDP) released by the Australian Bureau of Statistics showed an increase

The local share market edged above 5000 points after a positive lead

from international markets overnight. The ASX was buoyed by gains in

banking shares and better than expected GDP data.

The benchmark index ASX200 added 2% to reach 5021 points at the

close of trading yesterday.

All sectors except for Utilities and Industrials edged higher. The Energy

and Financial sectors rose 4% and 3% respectively.

Financials as a whole was lifted by the gains in the big four banks, with

ANZ Banking Group (ASX:ANZ) rising 4.5% and National Australia

Bank (ASX:NAB) adding 3.5%.

Amongst the Energy companies, Woodside Petroleum (ASX:WPL)

gained 5.1%, Santos Ltd (ASX:STO) rose 5% and Beach Energy Ltd

(ASX:BPT) jumped 11.3%.

The Gross Domestic Product (GDP) released by the Australian Bureau

of Statistics showed an increase of 3% year-on-year, against an

expected 2.5% rise.

ASX Edges Above 5000 Points

THE ASX YESTERDAY IN REVIEW AUS Ticker Change

ASX200 +2.01%

ALLORDS +1.88%

CBA +3.54%

BHP +4.37%

WBC +4.14%

NAB +3.53%

TFC +5.88%

VRL +1.97%

QBE +2.79%

Page 4: European equities gain 0.7% ASX Futures up 20 points · (ASX:BPT) jumped 11.3%. The Gross Domestic Product (GDP) released by the Australian Bureau of Statistics showed an increase

DAILY PRICE ACTIVITY AUSTRALIA

ASX200 price action yesterday

Page 5: European equities gain 0.7% ASX Futures up 20 points · (ASX:BPT) jumped 11.3%. The Gross Domestic Product (GDP) released by the Australian Bureau of Statistics showed an increase

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 %

HHL Hunter Hall Int. 03 Mar 2016 21 Mar 2016 14.10 100.00

IANG CBND 3M PER X 03 Mar 2016 15 Mar 2016 111.14 --

LHC Lifehealthcare Group 03 Mar 2016 21 Mar 2016 5.00 0.00

PEA Pacific Energy 03 Mar 2016 13 Apr 2016 1.00 100.00

PGH Pact Group Holdings 03 Mar 2016 06 Apr 2016 10.00 65.00

PIC Perpetual Equity Investment Company 03 Mar 2016 21 Mar 2016 0.80 100.00

SDA Speedcast International 03 Mar 2016 04 Apr 2016 3.65 100.00

SHL Sonic Healthcare 03 Mar 2016 06 Apr 2016 30.00 30.00

CTD Corporate Travel Management 04 Mar 2016 08 Apr 2016 9.00 100.00

DCG Decmil Group 04 Mar 2016 29 Mar 2016 2.00 100.00

IVC InvoCare 04 Mar 2016 08 Apr 2016 22.25 100.00

KME Kip McGrath 04 Mar 2016 24 Mar 2016 0.50 0.00

Page 6: European equities gain 0.7% ASX Futures up 20 points · (ASX:BPT) jumped 11.3%. The Gross Domestic Product (GDP) released by the Australian Bureau of Statistics showed an increase

WHATS HOT?

DATE CODE COMPANY ANNOUNCEMENT

WHATS NOT?

MPL.asx - steaming hot GNC.asx - cooling down

Share of the insurance company Medibank

Private Ltd rose more than 7% yesterday after it

announced that the government has approved

for the company to increase its premiums by an

average of 5.64% across all its insurance

products. MPL closed at $2.78 yesterday and is

up 30% year-to-date.

Shares of GrainCorp Operation Ltd have been

travelling in a downtrend since the company

posted a 36% decline in FY15 net profit in

November 2015. It recently announced a

dampened outlook, stating that it expects its

FY16 underlying profit to drop a further $15

million due to challenging conditions in the

sector.

Page 7: European equities gain 0.7% ASX Futures up 20 points · (ASX:BPT) jumped 11.3%. The Gross Domestic Product (GDP) released by the Australian Bureau of Statistics showed an increase

ECONOMIC NEWS

What to look out for:

DATE CODE COMPANY ANNOUNCEMENT

Australian trade balance

data due at 11:30 AM

(AEDT)

UK services PMI data

due tonight

Page 8: European equities gain 0.7% ASX Futures up 20 points · (ASX:BPT) jumped 11.3%. The Gross Domestic Product (GDP) released by the Australian Bureau of Statistics showed an increase

NEWSWORTHY

This caught our attention..

DATE CODE COMPANY ANNOUNCEMENTANZ Simplifies its Wealth Management

Business

ANZ seeks to align the distribution of wealth products and services

within its retail and commercial businesses. The bank also aims to

enhance its insurance, superannuation and investments product

businesses in Australia in order to improve returns and capital

efficiency.

The bank aims to shift its ANZ-branded distribution, which includes

ANZ Financial Planning, to be a part of its Retail Distribution

segment in Australia. In the New Zealand region, the bank’s

wealth segment will be a part of an expanded retail, business

banking and wealth team. The bank’s remaining insurance,

superannuation and investment activities in Australia are to be

formed into a focussed business under the name ‘Australia

Wealth’.

Read the full story here: https://www.wise-owl.com/news/anz-

simplifies-its-wealth-management-business

Page 9: European equities gain 0.7% ASX Futures up 20 points · (ASX:BPT) jumped 11.3%. The Gross Domestic Product (GDP) released by the Australian Bureau of Statistics showed an increase

LATEST UPDATE FROM WISE-OWL

SEEK Limited (SEK)

CODE COMPANY ANNOUNCEMENTActive Investor's Update: SEEK Limited (SEK) -

Take Profit

ASX:SEK

SEEK Limited (ASX:SEK) hit our profit target of $15.90 this

morning, currently trading at $16.05, which presents 'Active

Investor's' with an opportunity to take profit on this trade. Wise-owl

recommended to buy SEK on 17 December 2015 and this position

is part of our Active Investor's Portfolio.

The recommendation had an initial outlook of 3-6 months and even

though we have held SEK for less than 3 months, we consider it

appropriate to sell and close this position. The total gain on this

trade is 10%.

SEEK released a strong earnings result on 25th February in line

with our expectations. However the stock has been volatile over the

past 12 months, experiencing swings of ~30% in a relatively short

time. We will keep SEK on our watchlist.

Take Profit | Last Price $16.05 | Profit on this Trade: 10%

Click Here for the Full Report

Page 10: European equities gain 0.7% ASX Futures up 20 points · (ASX:BPT) jumped 11.3%. The Gross Domestic Product (GDP) released by the Australian Bureau of Statistics showed an increase

LATEST UPDATE FROM WISE-OWL

Sugar Dragon Ltd (SDC)

CODE COMPANY ANNOUNCEMENTFloat Watch Report: Sugar Dragon Ltd (SDC)

ASX:SDC

Sugar Dragon Limited ("Sugar Dragon", "the Company") is an

Australian company with a strategic interest in confectionary

wholesaling. The Company's primary asset is a 72.5% interest in

Okmno Asia Limited ("Okmno") which is a confectionary

manufacturer based in Hong Kong. Okmno operates under a

license agreement from King.com to distribute "Candy Crush"

branded confectionary products in Asia.

Okmno is currently the only regional licensee of King.com and has

a first mover advantage. Initial interest for its products has resulted

in sales in Taiwan and South Korea. Brand awareness for the

"Candy Crush" franchise could galvanise interest towards the stock.

IPO Report | Offer Price: $0.20 | Listing: 21st Mar | Rating: 1.5/5

Click Here for the Full Report

Page 11: European equities gain 0.7% ASX Futures up 20 points · (ASX:BPT) jumped 11.3%. The Gross Domestic Product (GDP) released by the Australian Bureau of Statistics showed an increase

OUR VIEWS AT A GLANCE

Find below a summary of Wise-owl’s current market views

CODE COMPANY ANNOUNCEMENT

The ASX 200 remains in a medium-term downtrend

We continue to focus on small-mid cap stocks

We remain cautious on the resource sector

Bullish view for European equities

There are individual opportunities on the ASX 200

We favour the risk/reward ratio for gold miners

Page 12: European equities gain 0.7% ASX Futures up 20 points · (ASX:BPT) jumped 11.3%. The Gross Domestic Product (GDP) released by the Australian Bureau of Statistics showed an increase

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

Page 13: European equities gain 0.7% ASX Futures up 20 points · (ASX:BPT) jumped 11.3%. The Gross Domestic Product (GDP) released by the Australian Bureau of Statistics showed an increase

LICENSE & DISCLAIMER

DATE CODE COMPANY ANNOUNCEMENTDISCLAIMER

This report was produced by wise-owl.com Pty Ltd (ACN 097 446 369), which is an Australian financial services licensee (Licence no. 246670). Wise-

owl may have an investment banking or other commercial relationship with the issuer of any security or financial product in which you have an interest

by acting in various roles including as underwriter, dealer, holder of principal positions, banker, broker, lender, adviser or researcher. Wise-owl may

receive fees, commissions or other remuneration from such activities. Wise-owl.com Pty Ltd has made every effort to ensure that the information and

material contained in this report is accurate and correct and has been obtained from reliable sources. However, no representation is made about the

accuracy or completeness of the information and material and it should not be relied upon as a substitute for the exercise of independent judgment.

Except to the extent required by law, wise-owl.com Pty Ltd does not accept any liability, including negligence, for any loss or damage arising from the

use of, or reliance on, the material contained in this report. This report is for information purposes only and is not intended as an offer or solicitation

with respect to the sale or purchase of any securities. The securities recommended by wise-owl.com carry no guarantee with respect to return of

capital or the market value of those securities. There are general risks associated with any investment in securities. Investors should be aware that

these risks might result in loss of income and capital invested. Neither wise-owl.com nor any of its associates guarantees the repayment of capital.

WARNING: This report is intended to provide general financial product advice only. It has been prepared without having regard ed to or taking into

account any particular investor’s objectives, financial situation and/or needs. All investors should therefore consider the appropriateness of the advice,

in light of their own objectives, financial situation and/or needs, before acting on the advice. Where applicable, investors should obtain a copy of and

consider the product disclosure statement for that product (if any) before making any decision.

DISCLOSURE: Wise-owl.com Pty Ltd and/or its directors, associates, employees or representatives may not effect a transaction upon its or their own

account in the investments referred to in this report or any related investment until the expiry of 24 hours after the report has been published.

Additionally, wise-owl.com Pty Ltd may have, within the previous twelve months, provided advice or financial services to the companies mentioned in

this report.


Recommended