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U.S. markets closed for Labor day Oil prices fall overnight · 2015-09-07 · CTD Corporate Travel Management 08 Sep 2015 09 Oct 2015 10.00 100.00 CTE Cryosite 08 Sep 2015 01 Oct

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Page 1: U.S. markets closed for Labor day Oil prices fall overnight · 2015-09-07 · CTD Corporate Travel Management 08 Sep 2015 09 Oct 2015 10.00 100.00 CTE Cryosite 08 Sep 2015 01 Oct

U.S. markets closed for Labor day

Oil prices fall overnight

wise-owl.comPowered by

Page 2: U.S. markets closed for Labor day Oil prices fall overnight · 2015-09-07 · CTD Corporate Travel Management 08 Sep 2015 09 Oct 2015 10.00 100.00 CTE Cryosite 08 Sep 2015 01 Oct

European stocks rose, following a selloff that wiped out two days of

gains.

The Stoxx Europe 600 Index advanced 0.5 percent to 354.81 at the

close of trading, after earlier rising as much as 1.2 percent. Shares

extended a weekly loss on Friday as mixed U.S. jobs data stoked

concern about an impending Federal Reserve rate increase and the

strength of the global economy.

The volume of Stoxx 600 shares changing hands today was 38 percent

lower than the daily average, with U.S. markets closed for a holiday.

In China, the governor of the country’s central bank forecast a return to

stability for markets. The world’s second-largest economy is seeking to

bolster confidence after concerns over growth spurred the biggest

monthly drop in global equities since 2012 in August.

Data showing German industrial production increased in July also

added to investor optimism today. Miners posted the biggest gain of

the 19 industry groups on the Stoxx 600.

European Stocks Rise; U.S. Markets Closed for Labor Day

YESTERDAY IN THE INTERNATIONAL MARKETS Global Ticker Daily Change

S&P500 +0.00%

Dow Jones +0.00%

Nasdaq +0.00%

Stoxx 600 +0.48%

FTSE100 +0.52%

Dax30 +0.70%

Crude Oil -3.89%

Gold -0.27%

Page 3: U.S. markets closed for Labor day Oil prices fall overnight · 2015-09-07 · CTD Corporate Travel Management 08 Sep 2015 09 Oct 2015 10.00 100.00 CTE Cryosite 08 Sep 2015 01 Oct

Following last week’s 4.2% decline of the ASX200, Australian investors

maintained a cautious approach in a choppy trading session. The

ASX200 fell sharply in the first 30 minutes of trading dipping below the

psychological 5,000 mark, before recovering in the afternoon to close

just 10 points lower. The ASX200 shed 0.20% to finish the day at

5030.4 points.

Most sectors finished in the red on Monday with Energy being once

again the worst performer, falling 1.3%. Materials fell 0.7%. The best

performing sector was Information technology gaining 0.7%, followed

by Discretion which rose 0.4%.

CBA was the only of the ‘big four banks’ to finish in the black as

investors continue to reduce exposure from the financials sector.

There were no economic news for Australia yesterday.

The Australian Dollar gained slightly against the USD, but remains well

below the US70 cents mark.

ASX Investors Remain Cautious

THE ASX YESTERDAY IN REVIEW AUS Ticker Change

ASX200 -0.20%

ALLORDS -0.19%

CBA +0.24%

BHP -2.03%

NAB -0.64%

ANZ -0.56%

WBC -0.47%

CLH +2.14%

Page 4: U.S. markets closed for Labor day Oil prices fall overnight · 2015-09-07 · CTD Corporate Travel Management 08 Sep 2015 09 Oct 2015 10.00 100.00 CTE Cryosite 08 Sep 2015 01 Oct

DAILY PRICE ACTIVITY AUSTRALIA

ASX200 price action

Page 5: U.S. markets closed for Labor day Oil prices fall overnight · 2015-09-07 · CTD Corporate Travel Management 08 Sep 2015 09 Oct 2015 10.00 100.00 CTE Cryosite 08 Sep 2015 01 Oct

UPCOMING ANNOUNCEMENTS

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

What’s coming up?

DATE CODE COMPANY ANNOUNCEMENTDATE CODE COMPANY ANNOUNCEMENT

9/09/2015 BLT BHP BILLITON LIMITED Ex Div Date

11/09/2015 GPT GPT GROUP Date Payable

11/09/2015 HPI HOTEL PROPERTY INVESTMENTS Date Payable

11/09/2015 ENN ELANOR INVESTORS GROUP Date Payable

14/09/2015 APZ ASPEN GROUP Aspen Group Corporate Update

14/09/2015 CIM CIMIC GROUP LIMITED Ex Div Date

15/09/2015 SKI SPARK INFRASTRUCTURE GROUP Date Payable

15/09/2015 NVT NAVITAS LIMITED Date Payable

16/09/2015 RCT REEF CASINO TRUST Date Payable

16/09/2015 APA APA GROUP Date Payable

16/09/2015 CIM CIMIC GROUP LIMITED Record Date

18/09/2015 APW AIMS PROPERTY SECURITIES FUND Date Payable

23/09/2015 CAJ CAPITOL HEALTH LIMITED Ex Div Date

24/09/2015 FRI FINBAR GROUP LIMITED Date Payable

Page 6: U.S. markets closed for Labor day Oil prices fall overnight · 2015-09-07 · CTD Corporate Travel Management 08 Sep 2015 09 Oct 2015 10.00 100.00 CTE Cryosite 08 Sep 2015 01 Oct

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 %

AGI Ainsworth Game Technology 08 Sep 2015 29 Sep 2015 5.00 100.00

AMPHA HY 3M 12-23 Q RD T 08 Sep 2015 18 Sep 2015 120.86 --

AVJ AVJennings 08 Sep 2015 23 Sep 2015 3.00 100.00

BAP Burson Group 08 Sep 2015 30 Sep 2015 4.70 100.00

CKL Colorpak 08 Sep 2015 07 Oct 2015 1.25 100.00

COH Cochlear 08 Sep 2015 01 Oct 2015 100.00 100.00

CTD Corporate Travel Management 08 Sep 2015 09 Oct 2015 10.00 100.00

CTE Cryosite 08 Sep 2015 01 Oct 2015 0.50 0.00

FID Fiducian Group 08 Sep 2015 24 Sep 2015 5.50 100.00

HHL Hunter Hall Int. 08 Sep 2015 24 Sep 2015 9.50 100.00

NABHB BND 3M 06-22 Q RD T 08 Sep 2015 18 Sep 2015 123.38 --

ORA Orora 08 Sep 2015 13 Oct 2015 4.00 30.00

Page 7: U.S. markets closed for Labor day Oil prices fall overnight · 2015-09-07 · CTD Corporate Travel Management 08 Sep 2015 09 Oct 2015 10.00 100.00 CTE Cryosite 08 Sep 2015 01 Oct

WHATS HOT?

DATE CODE COMPANY ANNOUNCEMENT

WHATS NOT?

ONC.asx - steaming hot BLT.asx - cooling down

OnCard International Limited (ONC) has

agreed to acquire Meander Valley Dairy for

$2.1m. Meanders FY15 revenue was

$1.34m with NPAT of $0.11m. ONC nearly

doubled following the release of the

announcement as investors feel confident

about the proposed transaction.

BLT’s outlook remains highly speculative.

Selling pressure has increased as investors

expect financial performance to remain

subdued for a considerable amount of time.

FY loss after tax has increased by 63% to

$11.5m.

Page 8: U.S. markets closed for Labor day Oil prices fall overnight · 2015-09-07 · CTD Corporate Travel Management 08 Sep 2015 09 Oct 2015 10.00 100.00 CTE Cryosite 08 Sep 2015 01 Oct

ECONOMIC NEWS

What to look out for:

DATE CODE COMPANY ANNOUNCEMENT

Japanese GDP

expected to show a

contraction in the

second quarter

NAB publishes its

monthly survey on

business confidence

All eyes on Chinese

Imports and exports

data at 12pm (AEST)

Page 9: U.S. markets closed for Labor day Oil prices fall overnight · 2015-09-07 · CTD Corporate Travel Management 08 Sep 2015 09 Oct 2015 10.00 100.00 CTE Cryosite 08 Sep 2015 01 Oct

NEWSWORTHY

This caught our attention..

DATE CODE COMPANY ANNOUNCEMENTWestpac's Strategic Review to Boost

Efficiency; Reaffirms ROE Target

Australian banking giant Westpac (ASX:WBC) released its

strategic review which aims to grow customer numbers and

improve depth and duration of existing customer relationships.

One of the key points of Westpac’s strategic update is a 20%

increase in annual investments to around $1.3bn. The additional

investment spend will be targeted towards services, growth and

efficiency initiatives in order to reach the target of adding over one

million new customers over the upcoming three years. The bank

also aims to increase the number of products per customer.

Within three years Westpac wants to cut its expense to income

ratio below 40% and reaffirms its guidance of targeting return on

equity (ROE) of 15%.

Read the full story here: https://www.wise-owl.com/news/westpac-s-strategic-review-to-boost-efficiency-reaffirms-roe-target

Page 10: U.S. markets closed for Labor day Oil prices fall overnight · 2015-09-07 · CTD Corporate Travel Management 08 Sep 2015 09 Oct 2015 10.00 100.00 CTE Cryosite 08 Sep 2015 01 Oct

LATEST UPDATE FROM WISE-OWL

Vitaco Holdings Ltd (VIT)

CODE COMPANY ANNOUNCEMENT

Vitaco Holdings Ltd ("Vitaco", "the Company") is an Australian

Company engaged in food manufacturing. Its principal focus is

health foods, vitamins, and dietary supplements. It operates three

manufacturing plants in Auckland, New Zealand; and distributes to

over 18,500 grocery, health food, pharmacies and gyms across

Australia and New Zealand. Vitaco's products are marketed under

multiple brands including Healtheries, Nutralife, and Aussie

Bodies.

Offer Price: $2.10 | Listing: 16th Sept | Rating: 4/5

Click here to view full report

Float Watch: Vitaco Holdings Ltd (VIT)

ASX:VIT

Page 11: U.S. markets closed for Labor day Oil prices fall overnight · 2015-09-07 · CTD Corporate Travel Management 08 Sep 2015 09 Oct 2015 10.00 100.00 CTE Cryosite 08 Sep 2015 01 Oct

OUR VIEWS AT A GLANCE

Find below a summary of Wise-owl’s current market views

CODE COMPANY ANNOUNCEMENT

We expect elevated volatility in the short-term

The ASX 200 looks attractive around the 5,100 mark

We remain cautious on the resource rector

We see further downside for U.S. stocks in the short-term

Bullish view on German equities

Page 12: U.S. markets closed for Labor day Oil prices fall overnight · 2015-09-07 · CTD Corporate Travel Management 08 Sep 2015 09 Oct 2015 10.00 100.00 CTE Cryosite 08 Sep 2015 01 Oct

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 13: U.S. markets closed for Labor day Oil prices fall overnight · 2015-09-07 · CTD Corporate Travel Management 08 Sep 2015 09 Oct 2015 10.00 100.00 CTE Cryosite 08 Sep 2015 01 Oct

LICENSE & DISCLAIMER

DATE CODE COMPANY ANNOUNCEMENTDISCLAIMER

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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

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