Upload
others
View
6
Download
0
Embed Size (px)
Citation preview
S&P 500 falls 0.4%
wise-owl.comPowered by
European stocks fell after Greek voters rejected creditors’ austerity
demands, while a measure of volatility slid amid speculation that the
resignation of Finance Minister Yanis Varoufakis will smooth further
talks.
The Stoxx 600 retreated 1.2 percent to 378.68 at the close of trading,
after earlier losing as much as 1.6 percent. That compares with the 2.7
percent drop of June 29, the first trading day after Greek Prime
Minister Alexis Tsipras announced the vote on austerity conditions.
Spain’s IBEX, Italy’s FTSE MIB and Frances’ CAC 40 entered
corrections, falling more than 10 percent from their April highs.
Portugal’s PSI 20 Index dropped 3.8 percent to its lowest level since
Feb. 16.
U.S. markets opened after a long weekend, falling slightly. The S&P
500 slid 0.4% while the Dow Jones lost 0.3%.
Crude oil fell more than 7% as it appears that the deal between Iran
and the Western World is ‘90 % ready’ according to a spokesperson. If
sanctions are being lifted, Iran’s oil reserves will enter the market.
European Markets Fall, but No ‘Panic Selling’
YESTERDAY IN THE INTERNATIONAL MARKETS Global Ticker Daily Change
S&P500 -0.39%
Dow Jones -0.26%
Nasdaq -0.34%
Stoxx 600 -1.24%
FTSE100 -1.43%
Dax30 -1.52%
Crude Oil -7.41%
Gold +0.48%
NYSE:BABA -2.24%
ETR:DTE -2.44%
NYSE:MRK -0.21%
Following a volatile week the ASX fell more than 1% following Sunday’s
crucial referendum in Greece, which saw the Greek people reject
austerity. Eurozone representatives have reacted negatively to the
outcome of the referendum while Prime Minister and Syriza leader
Alexis Tsipras celebrates his victory.
The ASX 200 benchmark index fell on the opening and did not recover
throughout the day to close at 5475 points. The local market closed
63.3 points or 1.14% lower.
All sectors closed in the red with Energy falling 2.5% and Materials
diving 1.7%. The Financials sector fell 0.9%. The sector that held up
the most was Telecommunications falling 0.3%.
There were no economic news for Australia.
The Japanese Nikkei fell 2.1% and Shanghai gained 3.3% after the
People's Bank of China decided to provide liquidity to the tumbling
stock market. The bank will inject capital indirectly in the stock market
to enable brokerage and fund managers to borrow and purchase large
amount of stocks.
ASX Slumps after Greece Referendum
THE ASX YESTERDAY IN REVIEW AUS Ticker Change
ASX200 -1.14%
ALLORDS -1.17%
CBA -0.42%
BHP -2.18%
ANZ -0.77%
BEN -0.95%
WBC -0.82%
IAG +1.23%
GOR +3.66%
WOW -1.77%
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 %
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 --
WHATS HOT?
DATE CODE COMPANY ANNOUNCEMENT
WHATS NOT?
RND.asx - steaming hot RIO.asx - cooling down
Rand Mining Limited (RND) is involved in
mineral exploration, development and
production activities at its gold interests in
Kalgoorlie. Rand Mining has a 12.25%
interest in the joint venture Pegasus
resource, besides Northern Star (NST) and
Tribune Resources (TBR).
RIO Tinto is trading at a 52-year low as its
key commodities trade at multiple year lows.
Large mining giants like RIO are able to
weather price volatility better than its peers,
but investors reassess their portfolios
nevertheless.
ECONOMIC NEWS
What to look out for
DATE CODE COMPANY ANNOUNCEMENT
Australian interest rates
are set to remain at 2%
The RBA statement
may give further clues
about the medium-term
outlook
Tonight we expect
manufacturing and
industrial data from
Europe
U.S. Trade balance
expected to show a
$42bn deficit
NEWSWORTHY
This caught our attention..
DATE CODE COMPANY ANNOUNCEMENTNearmap Forecasts Strong Growth
Nearpam Ltd. (ASX:NEA) has announced a promising update
to its FY2015 results, expecting another strong year of growth.
Nearmap is headquartered in Sydney as was founded in 2000.
The company is a market leading aerial photography business
providing geospatial map technology for the building and
construction, architectural, defence, and utility industries. Its
technology enables high resolution imagery to be updated
regularly enabling clients to make decisions quickly and
efficiently. Whilst predominantly Australian based, Nearmap
has continued to grow their US client base as its first capture
programme exceeded expectations and first commercial sales
have come in ahead of market guidance. The company has
recently established several operations throughout the US and
now has approximately twenty employees working in the US.
Read the full story here: https://www.wise-owl.com/news/nearmap-forecasts-strong-growth
LATEST UPDATE FROM WISE-OWL
Genex Power Ltd (GNX)
CODE COMPANY ANNOUNCEMENT
Genex Power Ltd ("Genex", "the Company") is a power generation
development company. Its principal asset is the Kidston Project, where
the potential for a hydroelectric power development is being evaluated.
The Kidston Project is situated in northern Queensland, incorporating a
disused mine site closed in 2001. Genex holds a mining lease,
environmental authority, and water license over the site, which includes
two large water reservoirs, roads, and a grid power connection. Genex
is considering the Kidston Project's potential to host a 330MW pumped
storage hydro scheme suppling regional peak power demands
Offer Price: $0.20 | Listing:8th July | Rating: 2.5/5
Full Float Watch Report
ASX:GNX
Float Watch: Genex Power Ltd (GNX)
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.