European equities lower

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U.S. stocks slipped from near records before an update on economic

growth, while the dollar climbed to a 12-year high versus the yen after

a Japanese official warned against a rapid currency depreciation.

European equities fell as concern over Greece mounted, while natural

gas slid.

The Standard & Poor’s 500 Index lost 0.1 percent by 4 p.m. in New

York, trimming its May advance to 1.7 percent. The greenback jumped

to its strongest level since 2002 against the yen.

The Stoxx Europe 600 Index dropped 0.5 percent, after the Shanghai

Composite Index posted its steepest one-day slide since January.

The Greek crisis roiled markets again Thursday after French and

German delegates at the G-7 meeting pushed back against the claims

that an agreement was near. Concerns that Greece may not win more

aid before a loan payment due next week sent European stocks lower.

U.S. Stocks Pare Monthly Gain; Stoxx 600 Falls

YESTERDAY IN THE INTERNATIONAL MARKETS Global Ticker Daily Change

S&P500 -0.13%

Dow Jones -0.20%

Nasdaq -0.17%

Stoxx 600 -0.50%

FTSE100 +0.11%

Dax30 -0.79%

Crude Oil +0.82%

Gold +0.19%

The ASX was down 12.2pts, or 0.2 per cent, at 5713.1pts on Thursday.

Data released by the Australian Bureau of Statistics showed capital

expenditure falling at twice the predicted rate in March. After the

release of the data, the Australian dollar fell significantly. However, the

ASX partially reversed its downward trend after the data was released.

The Australian shares market initially started with a positive sentiment

in the opening minutes of trading, but that sentiment quickly subsided

as the ASX followed a steep downward trend until around noon. “The

ASX failed to follow Wall St as miners and telcos dragged the market

lower,” said Wise-owl equities analyst Simon Herrmann. “Whilst it

doesn't seem that there was a particular reason, the ASX overall

lacked enthusiasm today.”

After the ABS released the capital expenditure data, the market

recovered slightly on speculation that an interest rate cut would

become more likely. The ASX moved upward in the afternoon and

peaked into positive territory briefly around 2pm. The market ultimately

closed lower by the end of the day. The Telecommunications and

Mining sectors led the selloff, falling 0.87 per cent and 0.76 per cent

respectively.

US Rally not Enough to Keep ASX Afloat

THE ASX LAST WEEK IN REVIEW AUS Ticker Change

ASX200 -0.21%

ALLORDS -0.17%

CBA -0.75%

BHP -0.48%

NCM -5.38%

QBE +0.62%

WBC -0.24%

DAILY PRICE ACTIVITY AUSTRALIA

ASX200 price action yesterday

UPCOMING ANNOUNCEMENTS

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

What’s coming up?

DATE CODE COMPANY ANNOUNCEMENTDATE CODE COMPANY ANNOUNCEMENT

29/05/2015 HGL HUDSON INVESTMENT GROUP LIMITED Annual General Meeting

29/05/2015 EOS ELECTRO OPTIC SYSTEMS HOLDINGS LIMITED Annual General Meeting

29/05/2015 RWD REWARD MINERALS LTD Annual General Meeting

29/05/2015 RAF RAFFLES CAPITAL LIMITED Annual General Meeting

29/05/2015 BOP BIRCH AND PRESTIGE INVESTMENT GROUP LTD Annual General Meeting

29/05/2015 HAR HARANGA RESOURCES LIMITED Annual General Meeting

29/05/2015 ONC ONCARD INTERNATIONAL LIMITED Annual General Meeting

29/05/2015 KPC KAZAKHSTAN POTASH CORPORATION LIMITED Annual General Meeting

29/05/2015 YAL YANCOAL AUSTRALIA LIMITED Annual General Meeting

29/05/2015 AWO ARDENT RESOURCES LTD Annual General Meeting

29/05/2015 KGL KENTOR GOLD LIMITED Annual General Meeting

29/05/2015 RMT RMA ENERGY LIMITED Annual General Meeting

29/05/2015 ERX EMPEROR RANGE GROUP LIMITED Annual General Meeting

29/05/2015 MIG MIGME LIMITED Annual General Meeting

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 %

ALL Aristocrat Leisure 29 May 2015 03 Jul 2015 8.00 0.00

AAA BetaShares Australian High Interest Cash

ETF

01 Jun 2015 17 Jun 2015 0.00 0.00

HVST Betashares Australian Dividend Harvester

Fund

01 Jun 2015 17 Jun 2015 0.00 0.00

SDG Sunland Group 01 Jun 2015 25 Jun 2015 2.00 100.00

SNC Sandon Capital Investments 01 Jun 2015 12 Jun 2015 2.00 100.00

TNE Technology One 01 Jun 2015 17 Jun 2015 2.15 100.00

CSR CSR 02 Jun 2015 07 Jul 2015 11.50 0.00

CTXHA HY 3M 09-37 Q RD T 03 Jun 2015 15 Jun 2015 170.03 --

CWNHA HY 3M 09-72 Q RD T 03 Jun 2015 15 Jun 2015 182.00 --

CWNHB HY 3M 04-75 Q RD T 03 Jun 2015 15 Jun 2015 90.87 --

GSBK16 TB 4.75% 06-16 6M 03 Jun 2015 15 Jun 2015 237.50 --

GWA GWA Group 03 Jun 2015 15 Jun 2015 22.80 0.00

IANG CBND 3M PER X 03 Jun 2015 15 Jun 2015 110.30 --

IFZ Infratil 03 Jun 2015 15 Jun 2015 13.36 0.00

WHATS HOT?

DATE CODE COMPANY ANNOUNCEMENT

WHATS NOT?

ZIP.asx - steaming hot HUO.asx - cooling down

ZipTel Limited (ZIP, formerly Skywards Ltd)

is a telecommunication service provider in

Australia throughout Australia. The

company's major products are AussieSim

and RoamEzy. Investors buy in anticipation

of a major breakthrough. The company

targets growth areas like India.

Huon Aquaculture has not been able to

recover since downgrading its profit

guidance. The stock hovers around its 52

week low with little upside catalysts in the

short-term.

ECONOMIC NEWS

What to look out for

DATE CODE COMPANY ANNOUNCEMENT

Economic events in

Australia: Australian

home sales, ANZ’s

monthly survey on

business confidence

and private sector

credit.

All-important U.S.

GDP figures tonight.

Analysts call for a

contraction of 0.8%

NEWSWORTHY

This caught our attention..

DATE CODE COMPANY ANNOUNCEMENTCatapult Group and XOS Digital

Announce North American Partnership

Athletic analytical companies Catapult Group (ASX:CAT)

and US-based XOS Digital have announced a new North

American partnership on Thursday. The partnership

“delivers elite teams the next generation in analytics for

performance improvement and injury reduction,” the report

said. Under the new deal, the Australian-based company

Catapult will combine its advanced analytical player

performance data with the Thunder Radar platform of XOS.

The Jacksonville Jaguars NFL team has been announced

as the first team to do business with the new partnership.

Read the full story here: https://www.wise-

owl.com/news/catapult-group-and-xos-digital-announce-

north-american-partnership

LATEST UPDATE FROM WISE-OWL

QBE Insurance Group (QBE)

CODE COMPANY ANNOUNCEMENT

QBE has enjoyed strong buying pressure and the stock has

advanced 14.3% since our 'buy' recommendation. QBE has

reached our initial target of $14.50 this morning and in line

with recent developments we raise our 12-month target to

$15.50.

Whilst the general view of our recommendation still applies,

several positive announcements have helped boost investor

confidence.

Hold | Raise Target to $15.50 | Profit Stop at $13.50 |

ASX:QBE

Dividend Portfolio Update: QBE Insurance Group (QBE)

A WISE-OWL PUBLICATION

Presented by Simon Herrmann

DATE CODE COMPANY ANNOUNCEMENT

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