European markets decline
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U.S. stocks fell, with equities posting their biggest weekly decline since
March, as investors looked toward a weekend referendum in Greece
after jobs data reflected a more moderate pace of economic growth..
The Standard & Poor’s 500 Index retreated less than 0.1 percent to
2,076.78 at 4 p.m. in New York, and marked a second consecutive
weekly slide. The Dow Jones Industrial Average fell 27.80 points, or 0.2
percent, to 17,730.11. The Nasdaq Composite Index lost 0.1 percent,
while the Russell 2000 Index dropped 0.7 percent. The U.S. market is
closed Friday for a holiday.
European stocks declined for the third time in four days, as investors
awaited a Greek referendum on creditors’ proposals this weekend.
The Stoxx Europe 600 Index lost 0.4 percent to 385.46 at the close in
London, after rising as much as 0.3 percent in the morning. The gauge
was little changed most of the day, and began falling as the euro
strengthened against the dollar following a U.S. jobs report.
Automakers were among the biggest decliners, while energy
companies rose the most among 19 industry groups as oil advanced.
U.S. Markets Biggest Weekly Decline Since March
YESTERDAY IN THE INTERNATIONAL MARKETS Global Ticker Daily Change
S&P500 -0.03%
Dow Jones -0.16%
Nasdaq -0.08%
Stoxx 600 -0.40%
FTSE100 +0.33%
Dax30 -0.73%
Crude Oil -0.81%
Gold -0.35%
NYSE:BABA -0.47%
ETR:DTE +0.12%
NYSE:MRK -0.67%
Positive sentiment continued yesterday with the local market up 1.52%
or 84.1 points to finish the day on 5599.8 points. Once again the
market opened up strong in the first hour of trading, before settling with
a small decline and then growing steadily until the end of the trading
day.
All sectors gained yesterday with the best performers being
Discretionary, Energy, Staples and Utilities gaining 2.31%, 2.07%,
2.19%, and 2.02% respectively. Telecommunications was the worst
performer only gaining 0.68%.
The Australian trade balance came in lower than expected. Forecasts
were for a $2.2 billion deficit however results showed $2.751billion
deficit.
ASX Continues with Positive Sentiment
THE ASX YESTERDAY IN REVIEW AUS Ticker Change
ASX200 +1.52%
ALLORDS +1.49%
CBA +1.66%
BHP +1.31%
ANZ +1.26%
BEN +2.51%
WBC +1.95%
IAG +1.43%
QBE +2.19%
FLN -1.52%
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
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
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 %
CBAHA BND 3M 12-15 03 Jul 2015 15 Jul 2015 83.00 --
GSBM22 TB 5.75% 07-22 6M 03 Jul 2015 15 Jul 2015 287.50 --
USR US Residential Fund 03 Jul 2015 04 Sep 2015 2.30 0.00
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 --
WHATS HOT?
DATE CODE COMPANY ANNOUNCEMENT
WHATS NOT?
PBG.asx - steaming hot BKN.asx - cooling down
Pacific Brands Ltd has announced that it
expects EBIT before significant items for
FY15 to be higher than initially estimated.
The positive news caused it’s share price to
rally approximately 30% upon opening of
trade yesterday.
Bradken Ltd is a manufacturer and supplier
of consumable and capital products
worldwide. Disappointing interim results
earlier this year and the retirement of the
CEO in June has resulted in a decline of its
share price.
ECONOMIC NEWS
What to look out for
DATE CODE COMPANY ANNOUNCEMENT
Australian Retails Sales
for May
Chinese HSBC
Services PMI for June
German and European
Services PMI for June
European retail sales
this evening
NEWSWORTHY
This caught our attention..
DATE CODE COMPANY ANNOUNCEMENTChallenger Sells Kapstream Interest to
Janus Capital
Challenger Ltd (ASX:CGF) has announced the sale of its 25
percent equity interest in Kapstream Capital to US based
global investment firm Janus Capital Group for $45million. The
sale provides an opportunity for Challenger and Kapstream to
further develop their multi-boutique funds management
business known as Fidante Partners.
Challenger’s business focus is investment management to
provide Australians with financial security in retirement. As of
31 March 2015, the company had $60.4 billion dollars in
assets under management. The company operates in two
investment businesses, a fiduciary fund management division
and an APRA-regulated Life division.
Read the full story here: https://www.wise-
owl.com/news/challenger-sells-kapstream-interest-to-janus-
capital
LATEST UPDATE FROM WISE-OWL
MG Unit Trust Ltd (MGC)
CODE COMPANY ANNOUNCEMENT
MG Unit Trust Ltd (“MG”, “the Trust”) is a special purpose vehicle
associated with Murray Goulburn Co-Operative Co Ltd (“Murray
Goulburn”). The Trust holds an economic, non voting interest in Murray
Goulburn, a food manufacturing company focused on dairy products.
Murray Goulburn’s principal assets include its flagship Devondale
brand, and a supply base incorporating ~2,500 farmer shareholders
and nine manufacturing plants in south eastern Australia. Murray
Goulburn was established in 1950, and is currently Australia’s largest
milk processor, with a 37 per cent market share. Its voting shares are
held exclusively by farmer suppliers.
Offer Price $2.10 - $3.20 | Listing 10th July 2015
Full Float Watch Report here:
https://www.wise-owl.com/uploads/pdf/b0beb45e32fd_float-watch_mg-
unit-trust-mgc-2015_06_29.pdf
ASX:MGC
Float Watch Report: MG Unit Trust Ltd (MGC)
A WISE-OWL PUBLICATION
Presented by Simon Herrmann
DATE CODE COMPANY ANNOUNCEMENT
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DATE CODE COMPANY ANNOUNCEMENTDISCLAIMER
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