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Page 1: Stoxx600 edges higher - Wise...2015/06/12  · Active Investor's Recommendation: Magellan Financial Group Ltd (MFG) A WISE-OWL PUBLICATION Presented by Simon Herrmann DATE CODE COMPANY

Stoxx600 edges higher

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Page 2: Stoxx600 edges higher - Wise...2015/06/12  · Active Investor's Recommendation: Magellan Financial Group Ltd (MFG) A WISE-OWL PUBLICATION Presented by Simon Herrmann DATE CODE COMPANY

U.S. stocks rose after data on retail sales and jobs bolstered

confidence in the strength of the economy, while investors watched for

progress in Greece’s debt negotiations.

The Standard & Poor’s 500 Index advanced 0.2 percent to 2,108.86 at

4 p.m. in New York, after earlier rising as much as 0.5 percent. The

Dow Jones Industrial Average rose 38.97, or 0.2 percent, to 18,039.37.

The Nasdaq Composite Index added 0.1 percent.

The International Monetary Fund said its team negotiating with Greece

left Brussels after failing to make progress on a debt deal. Data earlier

showed sales at retailers picked up in May, a sign households are

finally willing to put the gains from continued job growth and lower fuel

prices to work.

The Stoxx Europe 600 Index added 0.6 percent to 393 at the close of

trading, after earlier rising as much as 1.2 percent. The IMF cited

“major differences” for the withdrawal of its team, although it left the

door open for further debt talks. The decision comes amid increasing

criticism from creditors at the Greek government’s refusal to bow to

their demands, risking a default and ultimately an exit from the euro

area. Greece’s ASE Index closed up 8.2 percent, the most among

western-European markets, before the IMF’s statement.

Modest Gains for U.S. Stocks

YESTERDAY IN THE INTERNATIONAL MARKETS Global Ticker Daily Change

S&P500 +0.17%

Dow Jones +0.22%

Nasdaq +0.11%

Stoxx 600 +0.57%

FTSE100 +0.24%

Dax30 +0.60%

Crude Oil -0.97%

Gold -0.38%

NYSE:BABA +1.90%

ETR:DTE +0.78%

Page 3: Stoxx600 edges higher - Wise...2015/06/12  · Active Investor's Recommendation: Magellan Financial Group Ltd (MFG) A WISE-OWL PUBLICATION Presented by Simon Herrmann DATE CODE COMPANY

The ASX 200 experienced a strong trading day gaining 1.4% or 79.10

points on Thursday. Prior to market open futures already indicated that

the market would follow the strong lead from Europe and Wall Street.

The local sharemarket opened higher and continued to rise for the

remainder of the day. Upbeat jobs data boosted the local currency after

the Australian Bureau of Statistics (ABS) announced that the

unemployment rate dropped to 6%. In the local economy 42,000 jobs

were added in the month of May.

All sectors gained on Thursday with the exception of Staples which

was once again dragged down by Woolworths (WOW). Energy and

Materials were the star performers gaining 2.06% and 1.99%

respectively. The Financials sector added 1.78% lead by

Commonwealth Bank (CBA) which gained 1.88%.

ASX Surges Following Greece and Local Jobs Data

THE ASX YESTERDAY IN REVIEW AUS Ticker Change

ASX200 +1.43%

ALLORDS +1.40%

CBA +1.88%

BHP +2.06%

ANZ +2.32%

BEN +1.94%

WOW -1.28%

MFG +2.28%

NXR +3.45%

GOR +7.41%

Page 4: Stoxx600 edges higher - Wise...2015/06/12  · Active Investor's Recommendation: Magellan Financial Group Ltd (MFG) A WISE-OWL PUBLICATION Presented by Simon Herrmann DATE CODE COMPANY

DAILY PRICE ACTIVITY AUSTRALIA

ASX200 price action yesterday

Page 5: Stoxx600 edges higher - Wise...2015/06/12  · Active Investor's Recommendation: Magellan Financial Group Ltd (MFG) A WISE-OWL PUBLICATION Presented by Simon Herrmann DATE CODE COMPANY

UPCOMING ANNOUNCEMENTS

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

What’s coming up?

DATE CODE COMPANY ANNOUNCEMENTDATE CODE COMPANY ANNOUNCEMENT

12/06/2015 OGC OCEANAGOLD CORPORATION Annual General Meeting

12/06/2015 LGM LUIRI GOLD LIMITED Annual General Meeting

15/06/2015 DGH DESANE GROUP HOLDINGS LIMITED Record Date

15/06/2015 MPX MUSTERA PROPERTY GROUP LIMITED EGM

15/06/2015 AHF AUSTRALIAN DAIRY FARMS GROUP EGM

16/06/2015 PTB PTB GROUP LIMITED Date Payable

17/06/2015 UNS UNILIFE CORPORATION EGM

17/06/2015 AWI AUSTRALASIAN WEALTH INVESTMENTS LIMITED. EGM

18/06/2015 EVR ENDEAVOUR MINING CORPORATION Annual General Meeting

18/06/2015 BGC BRIDGE GLOBAL CAPITAL MANAGEMENT LIMITED Annual General Meeting

19/06/2015 ESK ETHERSTACK PLC Annual General Meeting

19/06/2015 BYE BYRON ENERGY LIMITED EGM

23/06/2015 MIH MNC MEDIA INVESTMENT LTD Annual General Meeting

24/06/2015 RUB RUBICOR GROUP LIMITED EGM

Page 6: Stoxx600 edges higher - Wise...2015/06/12  · Active Investor's Recommendation: Magellan Financial Group Ltd (MFG) A WISE-OWL PUBLICATION Presented by Simon Herrmann DATE CODE COMPANY

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 %

DGH Desane Group Holdings 11 Jun 2015 30 Jun 2015 15.00 100.00

OEL Otto Energy 12 Jun 2015 26 Jun 2015 5.64 0.00

FPH Fisher & Paykel Hlth 17 Jun 2015 10 Jul 2015 7.54 0.00

PRYHA BND 3M 09-15 Q 17 Jun 2015 29 Jun 2015 157.00 --

AQHHA HY 3M 09-72 Q RD T 18 Jun 2015 30 Jun 2015 166.87 --

CNGHA HY 3M 03-37 Q RD T 18 Jun 2015 30 Jun 2015 138.00 --

KBLGA CBND 10.00% 08-16 6M 18 Jun 2015 30 Jun 2015 2.26 --

TTSHA BND 3M 07-19 24 Jun 2015 06 Jul 2015 129.33 --

IMFHA BND 3M 06-19 E 26 Jun 2015 08 Jul 2015 159.39 --

MBLHB HY 3M PER Q ST 26 Jun 2015 15 Jul 2015 98.98 --

RFF Rural Funds 26 Jun 2015 30 Jul 2015 2.15 0.00

SYD Sydney Airport 26 Jun 2015 14 Aug 2015 12.50 0.00

TCL Transurban Group 26 Jun 2015 14 Aug 2015 20.50 17.07

Page 7: Stoxx600 edges higher - Wise...2015/06/12  · Active Investor's Recommendation: Magellan Financial Group Ltd (MFG) A WISE-OWL PUBLICATION Presented by Simon Herrmann DATE CODE COMPANY

WHATS HOT?

DATE CODE COMPANY ANNOUNCEMENT

WHATS NOT?

BAP.asx - steaming hot DWS.asx - cooling down

Burson Group aims to develop a national

footprint in Australia. The company aims to

open at least 4 new stores in Perth. Overall

the network consists of 133 stores. Revenue

increased by 9.7% during H1FY15 with

same store sales increasing 4.3%.

DWS Limited experienced a few rough

months as the company announced a big

drop in interim earnings and dividend and

CEO and MD Lachlan Armstrong resigned.

Also the ATO has completed work with DWS

and will now develop a new system.

Page 8: Stoxx600 edges higher - Wise...2015/06/12  · Active Investor's Recommendation: Magellan Financial Group Ltd (MFG) A WISE-OWL PUBLICATION Presented by Simon Herrmann DATE CODE COMPANY

ECONOMIC NEWS

What to look out for

DATE CODE COMPANY ANNOUNCEMENT

Japanese Industrial

production data at

2:30pm (AEST)

No economic news

from Australia

U.S. Purchaser Price

Index set to show a

0.4% increase MoM

Page 9: Stoxx600 edges higher - Wise...2015/06/12  · Active Investor's Recommendation: Magellan Financial Group Ltd (MFG) A WISE-OWL PUBLICATION Presented by Simon Herrmann DATE CODE COMPANY

NEWSWORTHY

This caught our attention..

DATE CODE COMPANY ANNOUNCEMENTRBNZ cuts the Cash Rate by 25 basis

points

The Reserve Bank of New Zealand has cut the official cash

rate by 25 basis points to 3.25 percent and is signalling

further cuts are on the way.

New Zealand sets an inflation target of around one to three

percent and has been growing at an annual rate of around

three percent, supported by low interest rates, high net

migration, construction activity and a rise in fuel prices.

However RNBZ’s Governor Graeme Wheeler stated that

the main driver behind the rate cut is the more pronounced

fall in export commodity prices.

Read the full story here: https://www.wise-owl.com/news/rbnz-cuts-the-cash-rate-by-25-basis-points

Page 10: Stoxx600 edges higher - Wise...2015/06/12  · Active Investor's Recommendation: Magellan Financial Group Ltd (MFG) A WISE-OWL PUBLICATION Presented by Simon Herrmann DATE CODE COMPANY

LATEST UPDATE FROM WISE-OWL

Magellan Financial Group Ltd (MFG)

CODE COMPANY ANNOUNCEMENT

Magellan Financial Group Ltd (MFG) is an Australian specialist

fund manager providing international investment funds to high net

worth and retail investors. MFG's fund management is

undertaken by Magellan Asset Management and its four global

investment funds are the Magellan Infrastructure Fund, the

Magellan Global Fund, the Magellan Flagship Fund and the

Magellan High Conviction Fund.

Buy | Price $18.30 | Target $21.50 | Est. Div.: 2% |

Outlook 3-6m

Click here

ASX:MFG

Active Investor's Recommendation: Magellan Financial Group Ltd (MFG)

Page 11: Stoxx600 edges higher - Wise...2015/06/12  · Active Investor's Recommendation: Magellan Financial Group Ltd (MFG) A WISE-OWL PUBLICATION Presented by Simon Herrmann DATE CODE COMPANY

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

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Page 12: Stoxx600 edges higher - Wise...2015/06/12  · Active Investor's Recommendation: Magellan Financial Group Ltd (MFG) A WISE-OWL PUBLICATION Presented by Simon Herrmann DATE CODE COMPANY

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