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Page 1: Stoxx Europe 600 gains 2.6% ASX SPI Futures up 83 points · 6/29/2016  · Gold -0.79%. The Australian share market remained volatile yesterday as ‘Brexit’ ... finished in the

Stoxx Europe 600 gains 2.6%

ASX SPI Futures up 83 points

wise-owl.comPowered by

Page 2: Stoxx Europe 600 gains 2.6% ASX SPI Futures up 83 points · 6/29/2016  · Gold -0.79%. The Australian share market remained volatile yesterday as ‘Brexit’ ... finished in the

U.S. stocks surged the most in nearly four months, rising for the first

time since Britain voted to leave the European Union amid optimism

that policy makers are committed to limit the fallout from the U.K.’s exit.

Tuesday’s turnaround gathered pace late in the day, with the Dow

Jones Industrial Average adding more than 260 points. Banks had the

strongest rally in six weeks. Facebook Inc., Apple Inc. and Microsoft

Corp. rose at least 1.6 percent to boost the technology group, while

energy producers climbed the most in 2 1/2 months as crude prices

jumped.

The S&P 500 Index advanced 1.8 percent to 2,036.09 at 4 p.m. in New

York. The Dow added 269.48 points, or 1.6 percent, to 17,409.72. The

Nasdaq Composite Index increased 2.1 percent.

The Stoxx Europe 600 Index rose 2.6 percent to 316.7 at the close of

trading. The FTSE 100, which lost 5.6 percent since the ‘Brexit’

decision, also recovered 2.6 percent overnight. The volume of

European shares changing hands was 60 percent greater than the 30-

day average, while for British equities, it was 74 percent higher.

U.S. & European Markets Rebound Strongly

YESTERDAY IN THE INTERNATIONAL MARKETS Global Ticker Daily Change

S&P 500 +1.78%

Dow Jones +1.57%

NASDAQ +2.12%

STOXX 600 +2.57%

FTSE 100 +2.64%

DAX30 +1.93%

Crude Oil +3.76%

Gold -0.79%

Page 3: Stoxx Europe 600 gains 2.6% ASX SPI Futures up 83 points · 6/29/2016  · Gold -0.79%. The Australian share market remained volatile yesterday as ‘Brexit’ ... finished in the

The Australian share market remained volatile yesterday as ‘Brexit’

continues to weigh on equities and investors appear nervous overall.

International markets fell sharply overnight and also crude oil dragged

the energy sector lower. However investor sentiment brightened in the

afternoon as international Futures started to climb, helping the ASX to

a 50 point recovery.

The S&P/ASX 200 fell 34 points or 0.7% to finish at 5102 points after

earlier falling as low as 5051 points.

During the past few months investors shifted their capital into

companies with exposure to the gold sector. Wise-owl pick Gold Road

Resources (GOR) climbed 5.7% to reach a new high of 65 cents.

Macquarie Group (MQG) rose 1.4%, while all other major banks

finished in the green too.

The materials sector was the worst performing sector, sinking 1.5%,

while Utilities – generally considered a conservative yield sector –

closed little changed.

There was no economic news yesterday.

ASX Volatile as Most Sectors Decline

THE ASX YESTERDAY IN REVIEW AUS Ticker Change

ASX200 -0.66%

ALL ORDS -0.70%

CBA +0.41%

BHP -0.28%

WBC +0.49%

HGG -1.33%

GOR +5.69%

SGP -1.85%

MLD +4.02%

Page 4: Stoxx Europe 600 gains 2.6% ASX SPI Futures up 83 points · 6/29/2016  · Gold -0.79%. The Australian share market remained volatile yesterday as ‘Brexit’ ... finished in the

DAILY PRICE ACTIVITY AUSTRALIA

ASX200 price action yesterday

Page 5: Stoxx Europe 600 gains 2.6% ASX SPI Futures up 83 points · 6/29/2016  · Gold -0.79%. The Australian share market remained volatile yesterday as ‘Brexit’ ... finished in the

UPCOMING DIVIDENDS

Courtesy of http://www.morningstar.com.au/Stocks/UpcomingDividends

Tasty dividends & distributions

DATE CODE COMPANY ANNOUNCEMENTCODE COMPANY NAME EX DIVIDEND PAY DATE AMOUNT FRANKING %

AOG Aveo 29 Jun 2016 30 Sep 2016 8.00 0.00

ARF Arena REIT 29 Jun 2016 11 Aug 2016 2.78 0.00

CQR Charter Hall Retail 29 Jun 2016 31 Aug 2016 14.10 0.00

CZZ Capilano Honey 29 Jun 2016 29 Jul 2016 40.00 100.00

GHC Generation Healthcare 29 Jun 2016 31 Aug 2016 4.42 0.00

HPI Hotel Property Investments 29 Jun 2016 09 Sep 2016 9.30 0.00

IMFHA BND 3M 06-19 E 29 Jun 2016 08 Jul 2016 161.64 --

LEP ALE Property 29 Jun 2016 05 Sep 2016 10.10 0.00

MBLHB HY 3M PER Q ST 29 Jun 2016 15 Jul 2016 99.48 --

RFF Rural Funds 29 Jun 2016 29 Jul 2016 2.23 0.00

RFP -- 29 Jun 2016 29 Jul 2016 2.51 100.00

SYD Sydney Airport 29 Jun 2016 12 Aug 2016 15.00 0.00

Page 6: Stoxx Europe 600 gains 2.6% ASX SPI Futures up 83 points · 6/29/2016  · Gold -0.79%. The Australian share market remained volatile yesterday as ‘Brexit’ ... finished in the

WHATS HOT?

DATE CODE COMPANY ANNOUNCEMENT

WHATS NOT?

SOM.asx - steaming hot CPU.asx - cooling down

SomnoMed has announced strong results with

revenue increasing 32% to $11.1m for the three

months to 31 March. Direct sales in the US

grew 27.5% while sales in most other markets

rose as well. SomnoMed offers treatment

solutions for sleep-related breathing disorders

such as sleep apnea. SOM is up 34% YTD.

Computershare has been travelling in a

downtrend since reaching a high in March

2015. Earlier this year the company announced

a slight contraction in revenue, and investors

recently sold down the stock heavily due its UK

exposure. CPU has declined 22% year-to-date.

Page 7: Stoxx Europe 600 gains 2.6% ASX SPI Futures up 83 points · 6/29/2016  · Gold -0.79%. The Australian share market remained volatile yesterday as ‘Brexit’ ... finished in the

ECONOMIC NEWS

What to look out for:

DATE CODE COMPANY

HIA new home sales due

at 11pm. New Home

Sales measures the

change in the number of

newly constructed homes

sold.

EU leaders meet in

Brussels to discuss fallout

of U.K. vote

Page 8: Stoxx Europe 600 gains 2.6% ASX SPI Futures up 83 points · 6/29/2016  · Gold -0.79%. The Australian share market remained volatile yesterday as ‘Brexit’ ... finished in the

NEWSWORTHY

This caught our attention..

DATE CODE COMPANY ANNOUNCEMENTMonetary Policy: What is Quantitative

Easing and How is it Applied?

Since the onset of the GFC, a greater emphasis has been placed

on central banks around the world to stimulate a recovering global

economy. While we don’t want to place excessive emphasis on the

actions of central banks, investors should be aware of their purpose

and available tools to influence monetary policy.

We now live in an age where, as Mario Draghi, the President of the

European Central Bank (“ECB”) famously put it, central banks are

willing to do “whatever it takes” to stimulate the global economic

environment. The success and measure of Central Banks are

debatable and their actions have posed a series of questions: How

can interest rates be at, or below zero? How can the central banks

adopt such a stance to monetary policy?

Click Here to Read the Full Story

Page 9: Stoxx Europe 600 gains 2.6% ASX SPI Futures up 83 points · 6/29/2016  · Gold -0.79%. The Australian share market remained volatile yesterday as ‘Brexit’ ... finished in the

LATEST UPDATE FROM WISE-OWL

CoAssets Limited (CA8)

CODE COMPANY ANNOUNCEMENTFloat Watch: CoAssets Limited (CA8)

ASX:CA8

CoAssets Limited ("CoAssets", "the Company") is an Australian software

company focused on peer to peer lending ("P2P") and crowdfunding. Its

primary asset is a web-based crowdfunding platform, connecting

investors with businesses and property developers which require capital.

The holding company was incorporated in 2015 and owns CoAssets

Singapore and Australia. CoAssets is listed on the National Stock

Exchange of Australia (NSX) with the ticker CAX.

CoAssets offers speculative exposure to demand for online

crowdfunding. We are attracted to early demand for its platform, the

company's cost profile and operational leverage to new revenue

opportunities. However, limited operating history, reliance on capital and

regulatory hurdles are risks. Crowdfunding is an evolving concept and

while the valuation assumes a certain degree of business success,

investors are required to have a speculative appetite for this start-up.

IPO | Offer Price: $0.40 | Listing: 5th July | Rating: 1.5/5

View Full Report

Page 10: Stoxx Europe 600 gains 2.6% ASX SPI Futures up 83 points · 6/29/2016  · Gold -0.79%. The Australian share market remained volatile yesterday as ‘Brexit’ ... finished in the

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 feel comfortable with our exposure to the gold sector

We see little upside for US stocks

Page 11: Stoxx Europe 600 gains 2.6% ASX SPI Futures up 83 points · 6/29/2016  · Gold -0.79%. The Australian share market remained volatile yesterday as ‘Brexit’ ... finished in the

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: Stoxx Europe 600 gains 2.6% ASX SPI Futures up 83 points · 6/29/2016  · Gold -0.79%. The Australian share market remained volatile yesterday as ‘Brexit’ ... finished in the

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.

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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.