Stoxx 600 posts third-weekly gain ASX Futures up 38 points wise-owl.com Powered by
Stoxx 600 posts third-weekly gain
ASX Futures up 38 points
wise-owl.comPowered by
The Standard & Poor’s 500 Index jumped 2.7 percent over five days,
bringing its run during the past three weeks to 7.3 percent. The index
added 0.3% on Friday
A surge in hiring delivered a vote of confidence in the world’s largest
economy, while oil’s rebound from a 12-year low eased deflation
concerns and recent actions in China added to optimism the nation can
tamp down volatility that’s roiled global markets.
The advance took all 10 S&P 500 groups higher, with a 5.8 percent
surge in energy shares leading the way. The rebound in the oil patch
contributed to gains in financial firms with balance sheets exposed to
beaten-down energy shares.
European stocks advanced as investors focused on some better-than-
expected U.S. payroll data, while also speculating on possible further
stimulus from China. The Stoxx 600 added 0.7 percent to 341.8 at the
close of trading.
Most commodities edged higher, as crude oil, natural gas, gold and
silver finished in the green, while copper prices declined 0.6% on
Friday.
US and European Shares Gain amid Better than Expected Data
YESTERDAY IN THE INTERNATIONAL MARKETS Global Ticker Daily Change
S&P500 +0.33%
Dow Jones +0.37%
NASDAQ +0.20%
STOXX 600 +0.70%
FTSE100 +1.13%
DAX30 +0.74%
Crude Oil +3.91%
Gold +0.99%
The local share market recorded a strong week led by banking and
mining stocks. The benchmark index ASX 200 gained 0.2% on Friday.
The index surged 4.3% during the week.
The sectors had a mixed performance on Friday, with Materials and
Telecommunications rising 1.4% and 1.1% respectively while Utilities
and Healthcare dropped 1.2% each.
All the big banks gained on Friday, with Westpac Banking Group
(ASX:WBC) and ANZ Banking Group (ASX:ANZ) rising 1.1% while
Commonwealth Bank of Australia (ASX:CBA) and National Australia
Bank (ASX:NAB) gained 1% each.
BHP Billiton Ltd (ASX:BHP) added a further 2.7% , while Fortescue
Metals Group (ASX:FMG) rose 4%. CSL Limited (ASX:CSL) dropped
1.34%, weighing on the Healthcare sector. The shopping centre
providers Vicinity Centres (ASX:VCX) and Scentre Group (ASX:SXG)
dropped 4.1% and 3.2%.
The Australian Retail Sales data was released on Friday, showing a
0.3% increase in inflation-adjusted sales during January. This was just
short of the expected 0.4% rise.
ASX Surged 4.3% for the Week
THE ASX YESTERDAY IN REVIEW AUS Ticker Change
ASX200 +0.18%
ALLORDS +0.17%
CBA +1.03%
BHP +2.72%
WBC +1.09%
NAB +0.99%
TFC -1.96%
VRL +0.00%
CGF +0.35%
DAILY PRICE ACTIVITY AUSTRALIA
ASX200 price action last week
UPCOMING DIVIDENDS
Courtesy of http://www.morningstar.com.au/Stocks/UpcomingDividends
Tasty dividends & distributions
DATE CODE COMPANY ANNOUNCEMENTASX CODE COMPANY NAME EX DIVIDEND PAY DATE AMOUNT FRANKING %
MVF Monash IVF Group 08 Mar 2016 08 Apr 2016 4.00 100.00
NWS News Corporation 08 Mar 2016 13 Apr 2016 9.93 0.00
NWSLV -- 08 Mar 2016 13 Apr 2016 9.93 0.00
OSH Oil Search 08 Mar 2016 31 Mar 2016 5.58 0.00
PPG PRO-PAC Packaging 08 Mar 2016 19 May 2016 1.25 100.00
QUB Qube Holdings 08 Mar 2016 06 Apr 2016 2.70 100.00
RHC Ramsay Health Care 08 Mar 2016 30 Mar 2016 47.00 100.00
SDF Steadfast Group 08 Mar 2016 14 Apr 2016 2.40 100.00
SDG Sunland Group 08 Mar 2016 23 Mar 2016 3.00 100.00
SND Saunders International 08 Mar 2016 24 Mar 2016 2.00 100.00
SNZ Summerset Group Holdings 08 Mar 2016 24 Mar 2016 2.68 0.00
TWE Treasury Wine Estates 08 Mar 2016 08 Apr 2016 8.00 0.00
WHATS HOT?
DATE CODE COMPANY ANNOUNCEMENT
WHATS NOT?
MVF.asx - steaming hot URI.asx - cooling down
Shares of Monash IVF Group Provider rose
20% since it recently released an upbeat
financial result for the first half of FY16. The
company reported a 31.6% expansion in
revenue coupled with EBIT growth of 26.8%.
Earnings per share rose 25.3% to 5.95 cents
per share.
Shares of Uranium Resources Inc. continue to
decline as the company completed two equity
capital raisings over the past two months. The
company continues to burn cash and operates
in an environment of multi-year low uranium
prices. The stock also does not comply with the
Nasdaq’s listing rules at the moment.
ECONOMIC NEWS
What to look out for:
DATE CODE COMPANY ANNOUNCEMENT
No economic news for
Australia
German factory orders
due at 6:00 PM (AEDT)
NEWSWORTHY
This caught our attention..
DATE CODE COMPANY ANNOUNCEMENT836,000 Reasons to be Bullish on TFS
Corporation
The director of TFS Corporation (ASX:TFC) Mr. Frank Wilson
recently purchased 836,000 shares on-market for a total
consideration of $1.45 million. This share purchase was made
after Mr. Wilson presented an upbeat financial result for the first
half of FY16 on 26 February 2016 and stated that the company is
"extremely well placed" to meet the milestones set for the financial
year.
The world’s largest Indian sandalwood plantation owner lifted its
half-year profit by 23% on the back of a 17% rise in cash revenue.
Cash EBITDA rose 29% as overall plantation sales were up 50%
underpinned by strong demand from all investor groups. The cash
balance also rose from $30 million to $52 million.
TFS has signed multi-year agreements with Chinese and Indian
buyers to supply its harvests at US$4,500 per kg of oil.
Read the full story here: https://www.wise-owl.com/news/836-
000-reasons-to-be-bullish-on-tfs-corporation
LATEST UPDATE FROM WISE-OWL
XTD Limited (XTD)
CODE COMPANY ANNOUNCEMENTGrowth Portfolio: XTD Limited (XTD) - Spec Buy
ASX:XTD
XTD Limited ("XTD", "the Company") is an Australian technology
company focused on digital advertising. XTD owns a digital media
and information system suitable for transit networks in major global
cities. XTD has currently 32 XTD screens operating in the
Melbourne metro network and 13 installed in Brisbane, which are
fully functional. XTD Limited, formerly Lunalite International Pty Ltd,
listed on the ASX via a reverse takeover of White Eagle Resources
Ltd in December 2014.
XTD is witnessing strong revenue growth. The partnership with APN
Outdoor has resulted in seven year contracts with domestic railway
networks, which provide the Company with stable, recurring
revenue streams. Along with horizontal growth in the domestic
market, management also targets expansion into south-east Asian
and US rail networks.
SPEC BUY | Last Price: $0.31 | Target: $0.62 | Stop: $0.13 |
Outlook: 12m+
Click Here for the Full Report
OUR VIEWS AT A GLANCE
Find below a summary of Wise-owl’s current market views
CODE COMPANY ANNOUNCEMENT
The ASX 200 remains in a medium-term downtrend
We continue to focus on small-mid cap stocks
We remain cautious on the resource sector
Bullish view for European equities
There are individual opportunities on the ASX 200
We favour the risk/reward ratio for gold miners
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
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.