u.s. stocks fall amid nyse shutdown - wise-owl.com · pdf filethe s&p 500 is down 4...

12
U.S. stocks fall amid NYSE shutdown wise-owl.com Powered by

Upload: buicong

Post on 28-Mar-2018

213 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: U.S. stocks fall amid NYSE shutdown - wise-owl.com · PDF fileThe S&P 500 is down 4 percent since its May record. Chinese Market Tumbles; U.S. Stocks Decline amid NYSE Glitch ... THE

U.S. stocks fall amid NYSE shutdown

wise-owl.comPowered by

Page 2: U.S. stocks fall amid NYSE shutdown - wise-owl.com · PDF fileThe S&P 500 is down 4 percent since its May record. Chinese Market Tumbles; U.S. Stocks Decline amid NYSE Glitch ... THE

The Standard & Poor’s 500 Index fell to a four-month low amid concern

that China’s equities rout will hurt growth in the world’s second-largest

economy, and Federal Reserve minutes indicated officials

acknowledged the potential risks from overseas crises.

Raw-materials, banks and semiconductor shares were among the

worst performers.

The S&P 500 fell 1.7 percent to 2,046.68 at 4 p.m. in New York, its

lowest close since March 11. The Dow Jones Industrial Average lost

261.49 points, or 1.5 percent, to 17,515.42, a five-month low. The

Nasdaq Composite Index declined 1.8 percent.

The New York Stock Exchange halted trading for 3 1/2 hours because

of a computer malfunction, forcing traders to route orders elsewhere.

The suspension, lasting from 11:32 a.m. to just after 3 p.m., dropped

the largest U.S. share platform out of the network of trading systems

that make up the American equity market.

Greece’s financial crisis and now China’s equity market slide have

diverted attention from U.S. economic data and the path of the Fed’s

monetary policy. The S&P 500 is down 4 percent since its May record.

Chinese Market Tumbles; U.S. Stocks Decline amid NYSE Glitch

YESTERDAY IN THE INTERNATIONAL MARKETS Global Ticker Daily Change

S&P500 -1.67%

Dow Jones -1.47%

Nasdaq -1.75%

Stoxx 600 +0.04%

FTSE100 +0.91%

Dax30 +0.66%

Crude Oil -1.18%

Gold +0.31%

NYSE:BABA -2.11%

ETR:DTE +1.08%

NYSE:MRK +1.10%

Page 3: U.S. stocks fall amid NYSE shutdown - wise-owl.com · PDF fileThe S&P 500 is down 4 percent since its May record. Chinese Market Tumbles; U.S. Stocks Decline amid NYSE Glitch ... THE

The ASX 200 reversed all gains yesterday as volatility remains on the

high end of the spectrum. Investors ran for cover as the ASX fell 2.01

per cent and the ALL ORDS lost 1.93 per cent.

All sector were in the red yesterday. The worst performers were

Discretionary, Energy, Materials and Industrial losing 2.29, 2.53, 3.1

and 2.15 per cent. Healthcare was once again the best performer,

losing only 0.6 per cent.

Oil fell once again, weighing on the Energy market.

The Japanese Nikkei also fell 3.14 per cent yesterday while the

Shanghai Composite slumped 5.9%.

As of 8:30am (AEST) Australian Futures were down 31 points,

indicating a solid fall on the opening.

ASX Erases All Gains from Tuesday

THE ASX YESTERDAY IN REVIEW AUS Ticker Change

ASX200 -2.01%

ALLORDS -1.93%

CBA -1.94%

BHP -2.78%

ANZ -2.33%

BEN -1.65%

WBC -1.78%

IAG -2.46%

FLN -1.55%

WOW -0.29%

Page 4: U.S. stocks fall amid NYSE shutdown - wise-owl.com · PDF fileThe S&P 500 is down 4 percent since its May record. Chinese Market Tumbles; U.S. Stocks Decline amid NYSE Glitch ... THE

DAILY PRICE ACTIVITY AUSTRALIA

ASX200 price action yesterday

Page 5: U.S. stocks fall amid NYSE shutdown - wise-owl.com · PDF fileThe S&P 500 is down 4 percent since its May record. Chinese Market Tumbles; U.S. Stocks Decline amid NYSE Glitch ... THE

UPCOMING ANNOUNCEMENTS

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

What’s coming up?

DATE CODE COMPANY ANNOUNCEMENTDATE CODE COMPANY ANNOUNCEMENT

3/07/2015 NAB NATIONAL AUSTRALIA BANK LIMITED Date Payable

3/07/2015 CAM CLIME INVESTMENT MANAGEMENT LIMITED Record Date

6/07/2015 PCA PREFERRED CAPITAL LIMITED Date Payable

7/07/2015 INT INTERMOCO LIMITED EGM

7/07/2015 8IH 8I HOLDINGS LTD Annual General Meeting

8/07/2015 DGR DGR Global Limited Ex Div Date

8/07/2015 LWP LWP TECHNOLOGIES LIMITED EGM

9/07/2015 UBS UBS SECURITIES AUSTRALIA LIMITED Date Payable

9/07/2015 CM8 CROWD MOBILE LIMITED EGM

10/07/2015 STA STRANDLINE RESOURCES LIMITED EGM

13/07/2015 WCB WARRNAMBOOL CHEESE & BUTTER FACTORY CO.HOLD.LTD Annual General Meeting

13/07/2015 IDM IDM INTERNATIONAL LIMITED Annual General Meeting

14/07/2015 BIC BIRON APPAREL LIMITED Annual General Meeting

14/07/2015 CSR CSR LIMITED Annual General Meeting

Page 6: U.S. stocks fall amid NYSE shutdown - wise-owl.com · PDF fileThe S&P 500 is down 4 percent since its May record. Chinese Market Tumbles; U.S. Stocks Decline amid NYSE Glitch ... THE

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 %

CKF Collins Foods 07 Jul 2015 23 Jul 2015 6.50 100.00

DGR DGR Global 08 Jul 2015 31 Jul 2015 0.25 100.00

GSBA18 TB 5.50% 01-18 6M 09 Jul 2015 21 Jul 2015 275.00 --

GSBM17 TB 4.25% 07-17 6M 09 Jul 2015 21 Jul 2015 212.50 --

8IH 8I Holdings 10 Jul 2015 31 Aug 2015 0.94 0.00

MPP Metro Performance Glass 16 Jul 2015 04 Aug 2015 3.39 0.00

CUP Countplus 27 Jul 2015 14 Aug 2015 2.00 100.00

NABHA HY 3M PER Q X ST 29 Jul 2015 17 Aug 2015 85.44 --

GSBC17 TB 6.00% 02-17 6M 05 Aug 2015 17 Aug 2015 300.00 --

GSIO15 TIB +4.00% 08-15 3M 10 Aug 2015 20 Aug 2015 174.87 --

GSIO20 TIB +4.00% 08-20 3M 10 Aug 2015 20 Aug 2015 161.82 --

GSIC22 TIB +1.25% 02-22 3M 11 Aug 2015 21 Aug 2015 33.50 --

Page 7: U.S. stocks fall amid NYSE shutdown - wise-owl.com · PDF fileThe S&P 500 is down 4 percent since its May record. Chinese Market Tumbles; U.S. Stocks Decline amid NYSE Glitch ... THE

WHATS HOT?

DATE CODE COMPANY ANNOUNCEMENT

WHATS NOT?

HUB.asx - steaming hot AMI.asx - cooling down

Hub 24 Limited is an investment and

superannuation administration services

catering for all levels of investors. The firm

has recently announced record quarterly Net

inflows and a 100% increase in Funds Under

Administration.

Aurelia Metals Limited is an exploration and

mineral development company based in

Orange, NSW. A recent project and financial

update has failed to meet expectations and

its share price has suffered accordingly.

Page 8: U.S. stocks fall amid NYSE shutdown - wise-owl.com · PDF fileThe S&P 500 is down 4 percent since its May record. Chinese Market Tumbles; U.S. Stocks Decline amid NYSE Glitch ... THE

ECONOMIC NEWS

What to look out for

DATE CODE COMPANY ANNOUNCEMENT

At 11:30am Australian

Employment Data for

June will be published.

Analysts call for a 5k

decline in full

employment.

The Unemployment

rate is expected to rise

from 6% to 6.1%.

Chinese Consumer

Price Index (Inflation

data) expected to show

a 1.3% increase

Page 9: U.S. stocks fall amid NYSE shutdown - wise-owl.com · PDF fileThe S&P 500 is down 4 percent since its May record. Chinese Market Tumbles; U.S. Stocks Decline amid NYSE Glitch ... THE

NEWSWORTHY

This caught our attention..

DATE CODE COMPANY ANNOUNCEMENTNib to Acquire Travel Insurance Provider

World Nomads

Nib Holdings Limited (ASX:NHF) has announced that it will

acquire Australia’s third largest travel insurance provider World

Nomads Group. Nib has entered into an agreement to acquire

Nomads for $95m on an enterprise value basis.

Shares in bin Holdings (NHF) have declined around 1.5% on

the opening and are currently trading at $3.41 (as of 11am

AEST). The fall doesn’t surprise as investors reassess the

present value of the company following an acquisition and

given the fact that the broader market is generally in the red

today.

Read the full story here: https://www.wise-owl.com/news/nib-to-acquire-travel-insurance-provider-world-nomads

Page 10: U.S. stocks fall amid NYSE shutdown - wise-owl.com · PDF fileThe S&P 500 is down 4 percent since its May record. Chinese Market Tumbles; U.S. Stocks Decline amid NYSE Glitch ... THE

LATEST UPDATE FROM WISE-OWL

Ardent Leisure Group (AAD)

CODE COMPANY ANNOUNCEMENT

Ardent Leisure Group (AAD) is an operator of leisure and entertainment

assets across Australia, New Zealand and the United States. AAD

operates Dreamworld, WhiteWater World, SkyPoint Climb, d'Albora

Marinas, AMF and Kingpin bowling centres and Goodlife fitness centres

across Australia and New Zealand.

The recent pullback presents a speculative buying opportunity in a

fundamentally strong company. AAD has recently experienced heavy

volatility, but it appears oversold in the short-term and enjoys

institutional support. The equity has broken its medium-term downtrend

which is our technical buying signal.

BUY | Price $2.25 | Target: $2.60 | Short-Term Trading Opportunity

View Full Report

ASX:AAD

Active Investors Recommendation: Ardent Leisure Group (AAD)

Page 11: U.S. stocks fall amid NYSE shutdown - wise-owl.com · PDF fileThe S&P 500 is down 4 percent since its May record. Chinese Market Tumbles; U.S. Stocks Decline amid NYSE Glitch ... THE

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 12: U.S. stocks fall amid NYSE shutdown - wise-owl.com · PDF fileThe S&P 500 is down 4 percent since its May record. Chinese Market Tumbles; U.S. Stocks Decline amid NYSE Glitch ... THE

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.