european stocks rise asx futures up 58 points … · the asx is set to open higher today following...
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European stocks rise
ASX Futures Up 58 points
wise-owl.comPowered by
U.S. stocks advanced after their best monthly gain in four years, as
corporate deal activity helped boost health-care companies while
manufacturing data gave mixed signals on the strength of the global
economy.
Energy companies showed no sign of losing momentum, rising 2.9
percent after an 11 percent climb in October snapped their longest
streak of monthly losses ever. Consol Energy Inc. jumped 18 percent
today while Chevron Corp. gained 4.6 percent.
The Standard & Poor’s 500 Index added 1.2 percent at 4pm in New
York, rising to within 1.3 percent of its record set in May. The Dow
Jones Industrial Average gained 168.49 points, or 1 percent, to 17,828
points. The Nasdaq Composite Index climbed 1.5 percent to its highest
since Aug. 5, while the Nasdaq 100 Index reached a more than 15-year
high.
The Stoxx 600 climbed 0.3 percent to 376.75 at the close of trading,
reversing a loss of as much as 0.7 percent. Shares extended gains
earlier as a Markit Economics release showed output in the euro area
unexpectedly accelerated in October as German companies fared
better than initially reported.
U.S. Equities Rise amid Mixed Manufacturing Data
YESTERDAY IN THE INTERNATIONAL MARKETS Global Ticker Daily Change
S&P500 +1.19%
Dow Jones +0.94%
NASDAQ +1.45%
Stoxx 600 +0.39%
FTSE100 +0.01%
Dax30 +0.93%
Crude Oil -1.24%
Gold -0.48%
The benchmark index fell 1.4% yesterday to close at 5165.75 points .
The All Ordinaries fared slightly better as it was down 1.3%.
All sectors finished in the red on Monday with Financials and
telecommunications being the worst performers which were down
1.91% and 1.60% respectively. Utilities and Discretionary were
comparatively the best performers as they were down just -0.38% and
-0.82%.
Westpac released its financial results for FY15 reporting 3% cash
earnings and single-digit revenue growth. The bank is implementing a
number of strategic changes to its online services and has provided a
‘slow but sustainable growth’ outlook.
RBA is set to release its interest rate decision today on Melbourne Cup
day. The chances of a rate cut have increased last week following soft
inflation data.
The ASX is set to open higher today following a strong lead on Wall
Street.
ASX 200 Slides; All Sectors Down
THE ASX YESTERDAY IN REVIEW AUS Ticker Change
ASX200 -1.40%
ALLORDS -1.27%
CBA -2.12%
BHP -0.96%
WBC -2.45%
NAB -1.76%
IAG -1.25%
FLN +2.86%
PTM -2.03%
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
30/10/2015 AHZ ADMEDUS LIMITED Admedus Investor Presentation – October 2015
30/10/2015 MQG MACQUARIE GROUP LIMITED Macquarie Group 1H16 Result Announcement
4/11/2015 AAD ARDENT LEISURE GROUP Ardent Leisure Quarterly Update
4/11/2015 NPX NUPLEX INDUSTRIES LTD Nuplex Industries 2015 Annual General Meeting
4/11/2015 NPX NUPLEX INDUSTRIES LIMITED. Annual General Meeting
5/11/2015 CCP CREDIT CORP GROUP LIMITED Credit Corp 2015 Annual General Meeting
5/11/2015 BLD BORAL LIMITED Boral 2015 Annual General Meeting
5/11/2015 AAD ARDENT LEISURE GROUP Ardent Leisure 2015 Annual General Meeting
6/11/2015 WEC WHITE ENERGY COMPANY LIMITED White Energy 2015 Annual General Meeting
11/11/2015 CHC CHARTER HALL GROUP Charter Hall 2015 Annual General Meeting
12/11/2015 EAX ENERGY ACTION LIMITED Annual General Meeting
13/11/2015 IFN INFIGEN ENERGY Infigen 2015 Annual General Meeting
17/11/2015 CQR CHARTER HALL RETAIL REIT
Charter Hall Retail REIT 2015 Annual Unitholders
Meeting
18/11/2015 DUE DUET GROUP DUET Group 2015 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 %
KAT Katana Capital 30 Oct 2015 02 Dec 2015 1.50 100.00
AAA BetaShares Australian High Interest Cash 02 Nov 2015 18 Nov 2015 0.00 0.00
BKW Brickworks 02 Nov 2015 25 Nov 2015 30.00 100.00
HVST Betashares Australian Dividend Harvester
Fund
02 Nov 2015 18 Nov 2015 0.00 0.00
AAI Alcoa 04 Nov 2015 25 Nov 2015 2.98 0.00
API Australian Pharmaceutical Industries 04 Nov 2015 04 Dec 2015 2.50 100.00
BIS Bisalloy Steel Group 04 Nov 2015 30 Nov 2015 4.00 100.00
CLX CTI Logistics 04 Nov 2015 20 Nov 2015 4.00 100.00
GSBI21 TB 5.75% 05-21 6M 04 Nov 2015 16 Nov 2015 287.50 --
KMD Kathmandu Holdings 05 Nov 2015 20 Nov 2015 4.50 85.00
DGH Desane Group Holdings 10 Nov 2015 26 Nov 2015 2.00 100.00
GSIO20 TIB +4.00% 08-20 3M 10 Nov 2015 20 Nov 2015 162.50 --
WHATS HOT?
DATE CODE COMPANY ANNOUNCEMENT
WHATS NOT?
BTT.asx - steaming hot ORG.asx - cooling down
BT Investment Management Ltd was last
traded at $11.80 and is up 76% for the year.
The company continues to experience
organic growth and experiences greater
liquidly after Westpac reduced its interest
earlier this year.
Origin is heavily exposed to oil and natural
gas prices and posted a $500 million loss for
FY15. The stock was last traded at $5.35,
down ~47% for the year. Whilst some oil
companies have recovered recently, ORG
continues to make new 52-week lows.
ECONOMIC NEWS
What to look out for:
DATE CODE COMPANY ANNOUNCEMENT
RBA to announce
Interest Rate Decision at
2:30 PM (AEDT).
UK to release
Construction data at 8:30
PM (AEDT)
US to release Factory
Orders overnight
NEWSWORTHY
This caught our attention..
DATE CODE COMPANY ANNOUNCEMENTREA Group to Acquire iProperty Group for
$4 per Share
Realestate.com.au owner REA Group Limited (ASX:REA)
announced the proposed acquisition of iProperty Group Ltd
(ASX:IPP) for a cash consideration of $4 per share.
iProperty group operates a number of property portals in Asia
including Malaysia, Hong Kong, Thailand and Indonesia. REA
Group, which owns some of the leading digital property portals in
Australia, aims to expand into South East Asia and has therefore
decided to increase its ownership in IPP. The company states that
South East Asia is “underpinned by highly attractive
macroeconomic factors with strong growth prevalent across the
region”.
Read the full story here: https://www.wise-owl.com/news/rea-
group-to-acquire-iproperty-group-for-4-per-share
LATEST UPDATE FROM WISE-OWL
BWX Ltd (BWX)
CODE COMPANY ANNOUNCEMENT
BWX Ltd ("BWX", "the Company") is an Australian consumer products
company focused on health and beauty. BWX is principally engaged
in the manufacture and distribution of personal care products under
the Sukin brand, as well as third party manufacturing contracts. The
Company has a manufacturing facility in Victoria and 130 employees.
Sukin was established in 2007 and acquired in 2015.
BWX offers profitable exposure to the domestic health and beauty
products industry. We are attracted to the Company's established
profitability, growth trajectory, and momentum witnessed by its
flagship Sukin brand. Integration of the operation with a
manufacturing base has potential to enhance margins. Whilst the float
offers attractive capital growth and income potential in all other
respects, its abnormally high free float poses a significant risk to early
trade.
Offer Price: $1.50 | Listing: 11th Nov | Rating: 2.5/5
Click Here for the Full Report
Float Watch: BWX Ltd (BWX)
ASX:BWX
OUR VIEWS AT A GLANCE
Find below a summary of Wise-owl’s current market views
CODE COMPANY ANNOUNCEMENT
The ASX 200 is stabilising but remains in a medium-term downtrend
We increase our focus on small-mid cap stocks
We remain cautious on the resource sector
We expect international markets to benefit from lower volatility
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
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DATE CODE COMPANY ANNOUNCEMENTDISCLAIMER
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