STOXX 600 adds 1.9%

ASX Futures up 24 points

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U.S. stocks rose, with the Standard & Poor’s 500 Index recovering

from a 21-month low, as energy shares rallied with oil and the

European Central Bank signalled the potential for more stimulus

measures amid uncertain prospects for global growth.

The S&P 500 rose 0.5 percent to 1,868.86 at 4 p.m. in New York,

trimming an earlier 1.6 percent climb in a recovery from the lowest

level since April 2014.

Equities alternated for a seventh day between gains and losses amid

the S&P 500’s worst start to a year since 2008.

A weakening in the euro buoyed exporters and commodity producers,

after Draghi noted an increase in downside risks this year and said

there were no limits to the central bank’s actions within mandate. The

Stoxx Europe 600 Index closed 1.9 percent higher, the biggest

advance since Dec. 23, after an intraday gain of as much as 2.5

percent.

US and European Stocks Recover

YESTERDAY IN THE INTERNATIONAL MARKETS Global Ticker Daily Change

S&P500 +0.52%

Dow Jones +0.74%

NASDAQ +0.01%

STOXX 600 +1.93%

FTSE100 +1.77%

DAX30 +1.94%

Crude Oil +4.41%

Gold -0.47%

The local share market defied weakness in global markets overnight as

it managed to record its third gain in the last three weeks.

The benchmark index ASX 200 had a strong rally in the morning, rising

1.8 percent, which was later weighed down by banks and weakness in

the Asian markets, to close the day 0.5 percent higher at 4,864 points.

All sectors except Financials finished in the green. Telecommunications

gained 2.5 percent, led by Telstra (TLS) which lifted 2.6%. Three out of

four big banks closed in the red yesterday as ANZ continued to drop

the most, falling another 1.7 percent, while Nab added 0.3 percent.

Origin (ORG) jumped 6.7 percent as the company announced to the

market that it can survive in low oil price conditions. On the other hand,

Woodside (WPL) dropped 1.5 percent as it announced a write-down

worth $1.7 billion.

ASX Finishes in the Green

THE ASX YESTERDAY IN REVIEW AUS Ticker Change

ASX200 +0.46%

ALLORDS +0.42%

CBA -1.03%

BHP -0.07%

WBC -0.57%

NAB +0.30%

CHC -0.46%

BKY -1.01%

BPF +3.06%

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

27/01/2016 EVN EVOLUTION MINING LIMITED December 2015 Quarterly Results

28/01/2016 SFR SANDFIRE RESOURCES NL Sandfire Resources 2015 December quarterly update

28/01/2016 CCP CREDIT CORP GROUP LIMITED Credit Corp Group Half Year Results

10/02/2016 BLD BORAL LIMITED Boral Half Year Results

18/02/2016 EVN EVOLUTION MINING LIMITED Evolution Mining FY16 Half Year Financial Results

18/02/2016 MOC MORTGAGE CHOICE LIMITEDMortgage Choice Interim Financial Results

Presentation

19/02/2016 DUE DUET GROUP DUET 2016 Half Year Results

19/02/2016 FXJ FAIRFAX MEDIA LIMITED Fairfax Media Half Year Results

22/02/2016 BSL BLUESCOPE STEEL LIMITED Bluescope Steel 2016 Half Year Results

24/02/2016 AWE AWE LIMITED AWE Limited Half Year Results

24/02/2016 PGH PACT GROUP HOLDINGS LTD Pact Group Holdings Half Year 2016 Results

25/02/2016 MQA MACQUARIE ATLAS ROADS GROUP Macquarie Atlas Roads Full Year Results 2016

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 %

TWR Tower 18 Jan 2016 03 Feb 2016 6.01 0.00

CUP Countplus 19 Jan 2016 15 Feb 2016 2.00 100.00

YCNPA -- 19 Jan 2016 29 Jan 2016 0.00 0.00

MHI Merchant House International 20 Jan 2016 29 Jan 2016 0.50 0.00

NABHA HY 3M PER Q X ST 27 Jan 2016 15 Feb 2016 87.46 --

ACL Alchemia 01 Feb 2016 24 Feb 2016 9.30 0.00

GSBC17 TB 6.00% 02-17 6M 03 Feb 2016 15 Feb 2016 300.00 --

GSIC22 TIB +1.25% 02-22 3M 10 Feb 2016 22 Feb 2016 33.83 --

GSIO20 TIB +4.00% 08-20 3M 10 Feb 2016 22 Feb 2016 163.41 --

GSIO35 TIB +2.00% 08-35 3M 10 Feb 2016 22 Feb 2016 52.71 --

GSIO40 TIB +1.25% 08-40 3M 10 Feb 2016 22 Feb 2016 31.62 --

GSIU18 TIB +1.00% 11-18 3M 10 Feb 2016 22 Feb 2016 26.05 --

WHATS HOT?

DATE CODE COMPANY ANNOUNCEMENT

WHATS NOT?

CSL.asx - steaming hot WPL.asx - cooling down

Shares of the biotechnology heavyweight CSL

Limited have risen 27% since the beginning of

the year, while the market slumped 8.1%. The

company has been delivering solid earnings

growth in the past decade and has diversified

exposure to different geographies such as the

USA, the UK, Germany and Switzerland.

Woodside Petroleum’s share price took a hit

after the company released weaker than

expected operational results for 4Q2015. The

company pointed the lower revenues towards

the plunging crude prices and hinted that it

might cut its final dividend due to impairments

and other one-off material non-cash charges.

ECONOMIC NEWS

What to look out for:

DATE CODE COMPANY ANNOUNCEMENT

No economic news for

Australia

German manufacturing

data to be released at

7:30 PM (AEDT)

UK retail sales data due

tonight

NEWSWORTHY

This caught our attention..

DATE CODE COMPANY ANNOUNCEMENTBroadspectrum Rejects Ferrovial’s Takeover

Bid

Broadspectrum Limited (ASX:BRS) reported to the ASX that it

recommends its shareholders to reject the takeover bid by the

Spanish infrastructure group, Ferrovial Services Pty Ltd as the

management finds the bid undervaluing the company’s shares.

The logistics and consulting firm which was formerly called

Transfield Services, lodged its Targets Statement today. The

company stated that its management unanimously voted against

Ferrovial’s offer worth $715 million as they find it significantly

undervalued Broadspectrum’s shares.

The valuation provided by Ernst & Young Transaction Advisory

Services Limited, which was hired by Broadspectrum, concluded

that the offer was not fair and reasonable.

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

owl.com/news/broadspectrum-rejects-ferrovial-s-takeover-bid

LATEST UPDATE FROM WISE-OWL

Woolworths Limited (WOW)

CODE COMPANY ANNOUNCEMENTDividend Portfolio: Woolworths Limited (WOW)

- BUY

ASX:WOW

Woolworths Limited ("Woolworths, the Company") is an Australian

diversified retail company that owns the Woolworths supermarket

chain and other franchises with exposure to Food & Liquor, Petrol,

Hotels, Merchandise and Home Improvement. Woolworths operates in

Australia and New Zealand and owns major brands such as BigW,

Beer Wine Spirits (BWS) or Dan Murphy's. The Company was

founded in 1924 and listed on the ASX in 1993.

Woolworths has a long-lasting history of delivering shareholder valueand sustainable growth. Whilst 2016 earnings are expected to be ~25-30% below the previous corresponding period, increased investmentinitiatives have the potential to yield long-term economic benefits.

Last Price: $23.45 | Target: $26.50 | Yield: 5.5% | Outlook: 12m+ Click Here for the Full Report

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

A WISE-OWL PUBLICATION

Presented by Simon Herrmann

DATE CODE COMPANY ANNOUNCEMENT

Wise-owl.com

Discovering the Bluechips of Tomorrow

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LICENSE & DISCLAIMER

DATE CODE COMPANY ANNOUNCEMENTDISCLAIMER

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