European markets decline

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U.S. stocks fell, with equities posting their biggest weekly decline since

March, as investors looked toward a weekend referendum in Greece

after jobs data reflected a more moderate pace of economic growth..

The Standard & Poor’s 500 Index retreated less than 0.1 percent to

2,076.78 at 4 p.m. in New York, and marked a second consecutive

weekly slide. The Dow Jones Industrial Average fell 27.80 points, or 0.2

percent, to 17,730.11. The Nasdaq Composite Index lost 0.1 percent,

while the Russell 2000 Index dropped 0.7 percent. The U.S. market is

closed Friday for a holiday.

European stocks declined for the third time in four days, as investors

awaited a Greek referendum on creditors’ proposals this weekend.

The Stoxx Europe 600 Index lost 0.4 percent to 385.46 at the close in

London, after rising as much as 0.3 percent in the morning. The gauge

was little changed most of the day, and began falling as the euro

strengthened against the dollar following a U.S. jobs report.

Automakers were among the biggest decliners, while energy

companies rose the most among 19 industry groups as oil advanced.

U.S. Markets Biggest Weekly Decline Since March

YESTERDAY IN THE INTERNATIONAL MARKETS Global Ticker Daily Change

S&P500 -0.03%

Dow Jones -0.16%

Nasdaq -0.08%

Stoxx 600 -0.40%

FTSE100 +0.33%

Dax30 -0.73%

Crude Oil -0.81%

Gold -0.35%

NYSE:BABA -0.47%

ETR:DTE +0.12%

NYSE:MRK -0.67%

Positive sentiment continued yesterday with the local market up 1.52%

or 84.1 points to finish the day on 5599.8 points. Once again the

market opened up strong in the first hour of trading, before settling with

a small decline and then growing steadily until the end of the trading

day.

All sectors gained yesterday with the best performers being

Discretionary, Energy, Staples and Utilities gaining 2.31%, 2.07%,

2.19%, and 2.02% respectively. Telecommunications was the worst

performer only gaining 0.68%.

The Australian trade balance came in lower than expected. Forecasts

were for a $2.2 billion deficit however results showed $2.751billion

deficit.

ASX Continues with Positive Sentiment

THE ASX YESTERDAY IN REVIEW AUS Ticker Change

ASX200 +1.52%

ALLORDS +1.49%

CBA +1.66%

BHP +1.31%

ANZ +1.26%

BEN +2.51%

WBC +1.95%

IAG +1.43%

QBE +2.19%

FLN -1.52%

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 %

CBAHA BND 3M 12-15 03 Jul 2015 15 Jul 2015 83.00 --

GSBM22 TB 5.75% 07-22 6M 03 Jul 2015 15 Jul 2015 287.50 --

USR US Residential Fund 03 Jul 2015 04 Sep 2015 2.30 0.00

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 --

WHATS HOT?

DATE CODE COMPANY ANNOUNCEMENT

WHATS NOT?

PBG.asx - steaming hot BKN.asx - cooling down

Pacific Brands Ltd has announced that it

expects EBIT before significant items for

FY15 to be higher than initially estimated.

The positive news caused it’s share price to

rally approximately 30% upon opening of

trade yesterday.

Bradken Ltd is a manufacturer and supplier

of consumable and capital products

worldwide. Disappointing interim results

earlier this year and the retirement of the

CEO in June has resulted in a decline of its

share price.

ECONOMIC NEWS

What to look out for

DATE CODE COMPANY ANNOUNCEMENT

Australian Retails Sales

for May

Chinese HSBC

Services PMI for June

German and European

Services PMI for June

European retail sales

this evening

NEWSWORTHY

This caught our attention..

DATE CODE COMPANY ANNOUNCEMENTChallenger Sells Kapstream Interest to

Janus Capital

Challenger Ltd (ASX:CGF) has announced the sale of its 25

percent equity interest in Kapstream Capital to US based

global investment firm Janus Capital Group for $45million. The

sale provides an opportunity for Challenger and Kapstream to

further develop their multi-boutique funds management

business known as Fidante Partners.

Challenger’s business focus is investment management to

provide Australians with financial security in retirement. As of

31 March 2015, the company had $60.4 billion dollars in

assets under management. The company operates in two

investment businesses, a fiduciary fund management division

and an APRA-regulated Life division.

Read the full story here: https://www.wise-

owl.com/news/challenger-sells-kapstream-interest-to-janus-

capital

LATEST UPDATE FROM WISE-OWL

MG Unit Trust Ltd (MGC)

CODE COMPANY ANNOUNCEMENT

MG Unit Trust Ltd (“MG”, “the Trust”) is a special purpose vehicle

associated with Murray Goulburn Co-Operative Co Ltd (“Murray

Goulburn”). The Trust holds an economic, non voting interest in Murray

Goulburn, a food manufacturing company focused on dairy products.

Murray Goulburn’s principal assets include its flagship Devondale

brand, and a supply base incorporating ~2,500 farmer shareholders

and nine manufacturing plants in south eastern Australia. Murray

Goulburn was established in 1950, and is currently Australia’s largest

milk processor, with a 37 per cent market share. Its voting shares are

held exclusively by farmer suppliers.

Offer Price $2.10 - $3.20 | Listing 10th July 2015

Full Float Watch Report here:

https://www.wise-owl.com/uploads/pdf/b0beb45e32fd_float-watch_mg-

unit-trust-mgc-2015_06_29.pdf

ASX:MGC

Float Watch Report: MG Unit Trust Ltd (MGC)

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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