Europe mixed

ASX set to open lower

wise-owl.comPowered by

U.S. stocks fell for the first time in four days, reversing much of

Tuesday’s rally as disappointing results from Macy’s Inc. to Walt

Disney Co. heightened concern that American consumers remain

hesitant to boost spending. West Texas Intermediate crude rallied 3.5

percent to settle at $46.23 a barrel after the U.S. Energy Information

Administration said oil stockpiles fell 3.41 million barrels last week.

The misses from Disney and Macy’s sent consumer discretionary

shares tumbling the most in three months as investors await Friday’s

government report on retail sales.

The S&P 500 fell 1 percent to 2,064.46 at 4 p.m. in New York, after

rising 1.3 percent yesterday, the most in two months. The Dow Jones

Industrial Average sank 217.23 points, or 1.2 percent, to 17,711.12,

following a 222-point climb Tuesday. The Nasdaq Composite Index

decreased 1 percent. About 7.1 billion shares traded hands on U.S.

exchanges, 7 percent below the three-month average.

The Stoxx Europe 600 Index lost 0.5 percent, snapping a two-day gain.

A gauge of lenders fell the most on the index, with Raiffeisen Bank

International AG tumbling.

U.S. Stocks Fall As Earnings Disappoint; Crude at 2016 High

YESTERDAY IN THE INTERNATIONAL MARKETS Global Ticker Daily Change

S&P 500 -0.96%

Dow Jones -1.21%

NASDAQ -1.02%

STOXX 600 -0.45%

FTSE100 +0.09%

DAX30 -0.70%

Crude Oil +3.52%

Gold +0.85%

The local share market rose yesterday, buoyed by gains in mining and

resource stocks after most commodity prices lifted overnight. While

crude oil prices remain volatile, overall the commodity has gained 75%

since its January low.

The benchmark index ASX200 added 29.5 points or 0.4% and was last

quoted at 5372.3 points.

All sectors finished in the green, with the exception of Financials, which

declined just 0.1%. Bank stocks rose in the past few weeks following

somewhat stable results, however the rally ran out of steam yesterday.

Materials was the best performing sector as BHP Billiton (BHP) added

2.9%, Fortescue Metals Group surged 3.2% and Rio Tinto gained

0.6%.

The Australian Bureau of Statistics announced that the number of

home loans declined 0.9% during March.

Australian Share Market Buoyed by Miners

THE ASX YESTERDAY IN REVIEW AUS Ticker Change

ASX200 +0.55%

ALLORDS +0.57%

CBA +0.14%

BHP +2.86%

WBC +0.13%

NAB +0.28%

TFC +0.98%

FLN +2.53%

WOW +5.46%

DAILY PRICE ACTIVITY AUSTRALIA

ASX200 price action yesterday

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 %

MGP Managed Accounts 13 May 2016 24 May 2016 0.20 0.00

SBKHB CN 3M PER Q 13 May 2016 31 May 2016 74.96 --

SUNPD -- 13 May 2016 23 May 2016 127.82 0.00

SVWPA -- 13 May 2016 31 May 2016 249.71 100.00

UOS United Overseas Australia 13 May 2016 07 Jun 2016 2.50 0.00

WOWHC HY 3M 11-36 Q RD T 13 May 2016 24 May 2016 136.36 --

YTMCTX -- 13 May 2016 26 May 2016 362.50 0.00

CGFPA -- 16 May 2016 25 May 2016 98.00 100.00

ECX Eclipx Group 16 May 2016 30 Jun 2016 6.75 100.00

YTMSG1 -- 16 May 2016 30 May 2016 412.50 0.00

BENPE -- 17 May 2016 30 May 2016 194.42 100.00

MQG Macquarie Group 17 May 2016 04 Jul 2016 240.00 40.00

WHATS HOT?

DATE CODE COMPANY ANNOUNCEMENT

WHATS NOT?

GOR.asx - steaming hot SIO.asx - cooling down

Shares of Gold Road Resources have risen

40% year-to-date. The gold miner recently

announced the signing of the native title

agreement, a major milestone for its Gruyere

project, as the Yarmana Greenstone Belt’s

leases have been granted by the state

Government.

Shares of Simonds Group Limited have

declined 80% since the beginning of 2016. The

company recently announced that the CEO of

its RTO – Builders Academy Australia resigned

and is set to conclude his tenure in June 2016.

ECONOMIC NEWS

What to look out for:

DATE CODE COMPANY ANNOUNCEMENT

No economic news for

Australia or any of the

other major Asian

economies

No changes for the UK

cash rate expected

U.S. import and export

data due tonight

NEWSWORTHY

This caught our attention..

DATE CODE COMPANY ANNOUNCEMENTBig Un Limited Signs Strategic Partnership

Agreement with Velpic

Big Un Limited (ASX:BIG) announced that it has entered into a

strategic partnership agreement with Velpic Limited (ASX:VPC), a

cloud-based e-learning platform.

According to the statement released, Big and Velpic have agreed to

assist each other in creating video content for the platform and will

jointly promote each other’s services.

Velpic has subscribed to Big’s services as part of the collaborative

agreement, and Big will produce video content for Velpic’s online e-

learning platform. Big will also include inductions and focused

training lessons that are suitable for various sectors.

Velpic offers a unique online platform with scalable, cloud-based

training, induction and education for businesses with the flexibility

for administrators and trainers to create specific lessons for staff.

Click Here to Read the Full Story

LATEST UPDATE FROM WISE-OWL

LiveHire Limited (LVH)

CODE COMPANY ANNOUNCEMENTFloat Watch: LiveHire Limited (LVH) - IPO

Report

ASX:LVH

LiveHire Limited (“LiveHire”, “the Company”) is an Australian

technology company focused on human resource software.

LiveHire’s primary product is the ‘Talent Community’ software, a

cloud-based online software application which assists employees

with tasks related to Human Resources (HR) and recruitment. The

platform is an online ecosystem for employees and employers and

automatically matches talent with job opportunities. The company

was founded in 2011.

LiveHire has witnessed early interest for its product and has a ‘first

mover’ advantage in the industry. The company has secured 38

clients to date which has resulted in first revenues. There is scope

for exponential growth as the subscription model is recurring in

nature and incrementally linked to the size of the client’s network.

IPO | Offer Price: $0.20 | Listing: 3rd June | Rating: 1.5/5

Click Here to View Full Report

OUR VIEWS AT A GLANCE

Find below a summary of Wise-owl’s current market views

CODE COMPANY ANNOUNCEMENT

The ASX 200 has potential to outperform international markets in 2016/17

We continue to focus on small-mid cap stocks

There are individual opportunities on the ASX 200

We favour the risk/reward ratio for gold miners

We see value in European equities

We see little upside for US stocks

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: info@wise-owl.com

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.