12
S&P 500 falls 0.4% wise-owl.com Powered by

S&P 500 falls 0.4% - Wise · Genex Power Ltd ("Genex", "the Company") is a power generation development company. Its principal asset is the Kidston Project, where the potential for

  • Upload
    others

  • View
    6

  • Download
    0

Embed Size (px)

Citation preview

Page 1: S&P 500 falls 0.4% - Wise · Genex Power Ltd ("Genex", "the Company") is a power generation development company. Its principal asset is the Kidston Project, where the potential for

S&P 500 falls 0.4%

wise-owl.comPowered by

Page 2: S&P 500 falls 0.4% - Wise · Genex Power Ltd ("Genex", "the Company") is a power generation development company. Its principal asset is the Kidston Project, where the potential for

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%

Page 3: S&P 500 falls 0.4% - Wise · Genex Power Ltd ("Genex", "the Company") is a power generation development company. Its principal asset is the Kidston Project, where the potential for

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%

Page 4: S&P 500 falls 0.4% - Wise · Genex Power Ltd ("Genex", "the Company") is a power generation development company. Its principal asset is the Kidston Project, where the potential for

DAILY PRICE ACTIVITY AUSTRALIA

ASX200 price action yesterday

Page 5: S&P 500 falls 0.4% - Wise · Genex Power Ltd ("Genex", "the Company") is a power generation development company. Its principal asset is the Kidston Project, where the potential for

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: S&P 500 falls 0.4% - Wise · Genex Power Ltd ("Genex", "the Company") is a power generation development company. Its principal asset is the Kidston Project, where the potential for

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: S&P 500 falls 0.4% - Wise · Genex Power Ltd ("Genex", "the Company") is a power generation development company. Its principal asset is the Kidston Project, where the potential for

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.

Page 8: S&P 500 falls 0.4% - Wise · Genex Power Ltd ("Genex", "the Company") is a power generation development company. Its principal asset is the Kidston Project, where the potential for

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

Page 9: S&P 500 falls 0.4% - Wise · Genex Power Ltd ("Genex", "the Company") is a power generation development company. Its principal asset is the Kidston Project, where the potential for

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

Page 10: S&P 500 falls 0.4% - Wise · Genex Power Ltd ("Genex", "the Company") is a power generation development company. Its principal asset is the Kidston Project, where the potential for

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)

Page 11: S&P 500 falls 0.4% - Wise · Genex Power Ltd ("Genex", "the Company") is a power generation development company. Its principal asset is the Kidston Project, where the potential for

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: S&P 500 falls 0.4% - Wise · Genex Power Ltd ("Genex", "the Company") is a power generation development company. Its principal asset is the Kidston Project, where the potential for

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.