Stoxx 600 snaps winning streak

Crude oil jumps 3.4%

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U.S. stocks closed higher, boosted by a rebound in Apple Inc., after

swinging in a wide range amid light volume a week before the Federal

Reserve makes a decision on interest rates.

Apple climbed 2.2 percent, wiping out yesterday’s slide to lead

technology shares higher.

The Standard & Poor’s 500 Index gained 0.5 percent to 1,952.29 at 4

p.m. in New York, after climbing as much as 1.2 percent. The Dow

Jones Industrial Average added 76.83 points, or 0.5 percent to

16,330.40. The Nasdaq Composite Index rose 0.8 percent.

As investors anxiously await the Fed’s looming decision on whether to

raise rates this month, policy makers at the Bank of England said today

that market turmoil related to China’s slowdown hasn’t shaken their

view that the time for a rate increase is approaching.

The Stoxx Europe 600 Index slipped 1.2 percent to 359.34 at the close

of trading, snapping the longest streak of gains since before China

devalued its currency last month.

European Markets Snap Winning Streak, S&P500 Gains

YESTERDAY IN THE INTERNATIONAL MARKETS Global Ticker Daily Change

S&P500 +0.53%

Dow Jones +0.47%

NASDAQ +0.84%

Stoxx 600 -1.22%

FTSE100 -1.14%

Dax30 -0.90%

Crude Oil +3.44%

Gold +0.70%

The Australian sharemarket fell sharply yesterday as most Asian

markets retreated. The ASX200 benchmark index declined 2.4% while

the broader All Ordinaries slipped 2.3%.

The fall came after the ASX experienced two strong days of gains,

rising nearly 4% as equity markets from Asia to Europe rebounded.

The U.S. stock market ran out of steam overnight which dragged our

SPI futures down and eventually lead to the selloff.

All sectors finished in the red. Energy was the worst performing sector

falling 3.8% followed by Telecommunications and Financials declining

3% and 2.7% respectively. The best performing sector was Information

Technology which ended the session 0.5% lower.

In economic news the Australian Bureau of Statistics released the

latest employment figures. The unemployment rate fell to 6.2 per cent

in August, from 6.3 per cent in July, while the number of people with

jobs rose by 17,400 in the month, more than economists' expectations

of a 6,000 gain.

ASX Falls 2.4% Following Wall Street Selloff

THE ASX YESTERDAY IN REVIEW AUS Ticker Change

ASX200 -2.42%

ALLORDS -2.29%

CBA -2.07%

BHP -2.96%

NAB -3.49%

ANZ -3.12%

WBC -3.30%

GXL +2.56%

NXR +13.64%

FLN +9.52%

DAILY PRICE ACTIVITY AUSTRALIA

ASX200 price action

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

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 %

AMA Ama Group 11 Sep 2015 30 Oct 2015 1.70 100.00

ARA Ariadne 11 Sep 2015 29 Sep 2015 0.50 40.00

CDA Codan 11 Sep 2015 01 Oct 2015 2.00 100.00

HOM Homeloans 11 Sep 2015 05 Oct 2015 2.00 100.00

LAU Lindsay Australia 11 Sep 2015 30 Sep 2015 1.00 100.00

LOV Lovisa Holdings 11 Sep 2015 30 Oct 2015 4.07 100.00

MAQ Macquarie Telecom Group 11 Sep 2015 13 Oct 2015 25.00 100.00

MLB Melbourne IT 11 Sep 2015 30 Sep 2015 1.00 80.00

PSQ Pacific Smiles Group 11 Sep 2015 01 Oct 2015 3.33 100.00

SDF Steadfast Group 11 Sep 2015 14 Oct 2015 3.00 100.00

SIQ Smartgroup Corporation 11 Sep 2015 30 Sep 2015 7.90 100.00

AEF Aust Ethical 14 Sep 2015 30 Sep 2015 120.00 100.00

WHATS HOT?

DATE CODE COMPANY ANNOUNCEMENT

WHATS NOT?

SDA.asx - steaming hot TEN.asx - cooling down

Speedcast International is up ~123% so far

this year. Half year results have shown a

32% increase. We are attracted to the

Company’s high revenue visibility, financial

performance and underlying market trends.

Our float watch report rated SDA 4.5 out of 5

points.

Contracting revenue and earnings, a $154m

capital raising at $0.15 and bearish

sentiment towards the sector have put

pressure on TEN’s share price in recent

months. TEN has declined ~25% year to

date.

ECONOMIC NEWS

What to look out for:

DATE CODE COMPANY ANNOUNCEMENT

No economic news for

Australia

U.S. Purchaser’s Price

Index expected to be

fairly flat

NEWSWORTHY

This caught our attention..

DATE CODE COMPANY ANNOUNCEMENTAtlas Iron Capitalises on Stronger Iron Ore

Prices

Atlas Iron (ASX:AGO) announced today that it had recorded

stronger margins in the month of August on the back of increased

realised iron or prices. Atlas also advises that it achieved its

targeted production rate of 14-15Mtpa in August, four months

ahead of schedule, and expects to sustain this production level.

The company achieved full cash costs of $56.52 per wet metric

tonne (WMT) in August compared to $66 per WMT in the June

quarter. The company’s average realised sale price for August

was $61 per WMT. Atlas managed to ship 1.18 million WMT in

August, compared to 0.85 million WMT in July, up 33 per cent.

Read the full story here: https://www.wise-owl.com/news/atlas-iron-capitalises-on-stronger-iron-ore-prices

LATEST UPDATE FROM WISE-OWL

Freelancer Ltd (FLN)

CODE COMPANY ANNOUNCEMENT

Freelancer Ltd ("Freelancer", "the Company") is an Australian

based software company operating the world's largest freelancing,

outsourcing and crowdsourcing marketplace. As of 30 June 2015

Freelancer 15.9m total registered users and 8m total projects and

contests. Freelancer acquired payment service provider Escrow in

April 2015. Our last advice was a 'buy' recommendation on 3 June

2015 at $1.14.

We continue to be attracted to Freelancer's growth trajectory and

favourable outlook. We expect growth momentum to continue

bolstered by a low AUD. While Freelancer is starting to attract

large institutions, we reiterate our 'buy' advice and raise our 12

month price target to $1.70.

Reiterate Buy | Price: $1.26 | Raise Target to $1.70 | 12-Month

Outlook

Click here to view full report

Growth Portfolio: Freelancer Ltd (FLN) - Buy

ASX:FLN

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

A WISE-OWL PUBLICATION

Presented by Simon Herrmann

DATE CODE COMPANY ANNOUNCEMENT

Wise-owl.com

Discovering the Bluechips of Tomorrow

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very early in their life cycle. The significant capital growth that often follows has earned

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LICENSE & DISCLAIMER

DATE CODE COMPANY ANNOUNCEMENTDISCLAIMER

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