emerging markets rebound asx set to open higherglencore plc rose 4.4 percent, antofagasta plc added...
TRANSCRIPT
Emerging markets rebound
ASX set to open higher
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U.K. stocks advanced for a second day as a rebound in metals prices
boosted commodity producers.
Industrial metals surged as China weighed measures to support
markets that have hit multi-year lows, pushing miners to the biggest
gains on the U.K. equity benchmark. Glencore Plc rose 4.4 percent,
Antofagasta Plc added 2.7 percent and Anglo American Plc gained 3.3
percent.
The FTSE 100 Index climbed 1 percent in London. Equities rose the
most in a week yesterday as homebuilders advanced. The STOXX
Europe 600 advanced 0.9%.
Emerging-market stocks gained for the first time this week, led by
technology companies and raw-material producers, as commodity
prices extended a rebound.
The revival in industrial-metal prices followed a report that Chinese
regulators are considering a probe into short-selling on local
exchanges. Metals have slumped in 2015, with copper plunging to a
six-year low, on concern the worst economic slowdown in a quarter of
a century in China will curb demand.
European & Emerging Stocks Advance; U.S. Markets Closed
YESTERDAY IN THE INTERNATIONAL MARKETS Global Ticker Daily Change
S&P500 +0.00%
Dow Jones +0.00%
NASDAQ +0.00%
STOXX 600 +0.92%
FTSE100 +0.98%
Dax30 +1.35%
Crude Oil -1.23%
Gold +0.13%
The ASX gained 0.3% on Thursday to finish the day 17 points higher at
5,210 points. The market rose as high as 5,253 shortly after open, but
eased throughout the afternoon amid a lack of catalysts.
The sectors were a mixed bag yesterday with Health Care being the
strongest link rising 1.1% followed by Telecommunication, up 1%.
Materials fell 1.3% while Staples shed 0.7%.
Commonwealth Bank (CBA) was the best performing bank rising 1.5%
to finish above the $80 mark at $80.22. Westpac gained 1.2% while
ANZ added 0.4%.
BHP Billiton (BHP) fell 3.7% to $18.94. The world’s largets miner
already saw its stock falling in the London and the US markets
overnight as it continues to trade lower. September Capital Expenditure
in the Mining Sector fell more than expected which worsened investor
sentiment.
Australian Stocks Slide as Big Banks Weigh on Market
THE ASX YESTERDAY IN REVIEW AUS Ticker Change
ASX200 +0.33%
ALLORDS +0.28%
CBA +1.54%
BHP -3.71%
WBC +1.23%
NAB +0.41%
BIG +6.12%
TNE +3.67%
IAG +1.08%
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
25/11/2015 CHC CHARTER HALL GROUP 2015 Core Plus Industrial Fund (CPIF) Annual Review
25/11/2015 CMW CROMWELL PROPERTY GROUP Cromwell Property Group 2015 Annual General Meeting
26/11/2015 DYE DYESOL LIMITED Dyesol Annual General Meeting 2015
26/11/2015 GTY GATEWAY LIFESTYLE GROUP Gateway Lifestyle Group 2015 Annual General Meeting
27/11/2015 QHL QUICKSTEP HOLDINGS LIMITED Quickstep Holdings Ltd 2015 Annual General Meeting
27/11/2015 ESIENVIRONMENTAL CLEAN
TECHNOLOGIES LIMITED
Environmental Clean Technologies 2015 Annual
General Meeting
18/12/2015 GNC GRAINCORP LIMITED GrainCorp 2015 Annual General Meeting
10/02/2016 BLD BORAL LIMITED Boral Half Year Results
1/12/2019 SUN SUNCORP-METWAY LIMITED. Date Payable
2/12/2019 QBE QBE INSURANCE GROUP LIMITED Annual General Meeting
2/12/2019 HJBHAMILTON JAMES & BRUCE GROUP
LIMITEDInterim Results
2/12/2019 CHP CHAPMANS LIMITED Full Year Results
2/12/2019 MCH MURCHISON HOLDINGS LIMITED Interim Results
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 %
GNC Graincorp 27 Nov 2015 15 Dec 2015 2.50 100.00
YTMQF2 -- 27 Nov 2015 16 Dec 2015 375.00 0.00
AYJ Australian Masters Yield Fund No 3 30 Nov 2015 10 Dec 2015 46.00 100.00
AYK Australian Masters Yield Fund No 4 30 Nov 2015 10 Dec 2015 43.00 100.00
AYZ Australian Masters Yield Fund No 5 30 Nov 2015 10 Dec 2015 53.00 100.00
NABPB -- 30 Nov 2015 17 Dec 2015 94.68 100.00
BENPF -- 01 Dec 2015 15 Dec 2015 219.82 100.00
NHH Newhaven Hotels 01 Dec 2015 14 Dec 2015 35.00 100.00
SUNPE -- 01 Dec 2015 17 Dec 2015 97.30 100.00
BTT BT Investment Mgmt 02 Dec 2015 18 Dec 2015 20.00 40.00
CWNHA HY 3M 09-72 Q RD T 02 Dec 2015 14 Dec 2015 178.88 --
CWNHB HY 3M 04-75 Q RD T 02 Dec 2015 14 Dec 2015 153.95 --
WHATS HOT?
DATE CODE COMPANY ANNOUNCEMENT
WHATS NOT?
DUB.asx - steaming hot SMX.asx - cooling down
Dubber aims to achieve operational
breakeven in FY16. It has recently signed an
agreement with one of the big four banks
and also aggressively promotes its intention
to expand its international footprint into the
UK, Europe and America.
SMS Management & Technology had a
weaker than expected start to FY16 and
expects first half EBITDA to be 15-20%
lower than pcp. Organisational restructure
has caused “short-term issues for sales
effectiveness.”
ECONOMIC NEWS
What to look out for:
DATE CODE COMPANY ANNOUNCEMENT
No economic news for
Australia
U.K. GDP data for Q3
the only significant event
tonight
U.S. markets will close
early on Friday after
Thanksgiving
NEWSWORTHY
This caught our attention..
DATE CODE COMPANY ANNOUNCEMENTHazer Group Seeks to Raise up to $5m in
IPO
While Initial Public Offers (IPOs) continue to boom in 2015 it
remains a challenge for investors to pick those that offer a
favourable outlook. Hazer Group Limited aims to raise $5m and
intends to list on the Australian Securities Exchange (ASX) on the
4th December.
Hazer Group focuses on advanced materials and is working
towards commercialisation of its so called ‘Hazer Process’. It has
intellectual property rights to this technology which was developed
at the University of Western Australia. The process allows the
production of hydrogen gas from methane with negligible carbon
dioxide emissions.
Read the full story here: https://www.wise-owl.com/news/hazer-
group-seeks-to-raise-up-to-5m-in-ipo
LATEST UPDATE FROM WISE-OWL
Big Un Limited (BIG)
CODE COMPANY ANNOUNCEMENTGrowth Portfolio: Big Un Limited (BIG)
ASX:BIG
Big Un Limited ("BIG", "the Company") is an Australian media and
technology company focused on mobile content and enterprise
marketing. BIG's principal asset is intellectual property surrounding
the Big Review TV broadcast network, which offers low cost video
production and distribution tailored for small to medium enterprises
("SME"). Since its formation in 2013, BIG has established
operations in Australia, New Zealand, Singapore, Hong Kong, USA
(New York & San Francisco) & UK (London). The Company listed on
the Australian Securities Exchange ("ASX") in December 2014 via a
reverse merger with Republic Gold Ltd.
With our valuation of $0.35/share representing a ~60 per cent
premium to recent trade, we initiate coverage with a 'speculative
buy' recommendation.
Speculative Buy | Last Price: $0.22 | Valuation: $0.35 |
Long-Term Outlook
Click here to read 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 is stabilising but remains in a medium-term downtrend
We continue to focus on small-mid cap stocks
We remain cautious on the resource sector
We expect international markets to benefit from lower volatility
Bullish view for European equities
There are individual opportunities on the ASX 200
A WISE-OWL PUBLICATION
Presented by Simon Herrmann
DATE CODE COMPANY ANNOUNCEMENT
Wise-owl.com
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DATE CODE COMPANY ANNOUNCEMENTDISCLAIMER
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