Upload
others
View
2
Download
0
Embed Size (px)
Citation preview
Stoxx 600 gains 0.5%
Consumer confidence drops 2.2%
wise-owl.comPowered by
U.S. stocks rose amid speculation that central banks will continue to
provide stimulus to bolster sluggish global growth.
Energy companies led an advance as oil rallied, though equity gains
were uneven in lighter trading before the European Central Bank
meets tomorrow.
The Standard & Poor’s 500 Index climbed 0.5 percent to 1,989.19 at 4
p.m. in New York, after the benchmark lost 1.1 percent yesterday, the
most in two weeks.
European shares advanced for the first day in three as investors
speculated on further stimulus from the European Central Bank when it
meets tomorrow. The Stoxx 600 added 0.5 percent to 339.14 at the
close of trading, paring gains in afternoon trade after earlier rising as
much as 1.3 percent.
Commodities were a mixed bag as crude oil, natural gas and copper
prices edged higher, while gold and silver prices dropped overnight.
US and European Stocks Rise Ahead of ECB Meeting
YESTERDAY IN THE INTERNATIONAL MARKETS Global Ticker Daily Change
S&P500 +0.51%
Dow Jones +0.21%
NASDAQ +0.55%
STOXX 600 +0.49%
FTSE100 +0.34%
DAX30 +0.31%
Crude Oil +4.85%
Gold -0.74%
The local share market closed higher after rallying steadily throughout
the day. The benchmark index ASX200 edged 1% higher to be last
quoted at 5157 points.
The gains in yesterday’s session were underpinned by strong growth in
healthcare and financial stocks, rising 1.6% each. However Materials
and Energy ran out of steam after recent gains, as most commodities,
especially oil prices retreated overnight.
Consumer confidence dipped 2.2% in March, according to the latest
Westpac Melbourne Institute survey. Volatility in global stock markets,
uncertainty around the taxation reform and the Federal budget have
been stated as primary factors for the drop in confidence.
The number of new home loans granted for ‘owner-occupied’
residences contracted 3.9% in January, against a 2.6% rise in
December 2015.
US crude oil inventories grew 4.4 million barrels last week,
considerably lower than the 9.9 million barrels reported in the prior
week.
ASX Posts Gains; Buoyed by Healthcare and Banking Shares
THE ASX YESTERDAY IN REVIEW AUS Ticker Change
ASX200 +0.96%
ALLORDS +0.89%
CBA +1.14%
BHP -1.92%
WBC +2.26%
NAB +2.61%
WOW +1.52%
BEN +2.24%
SGP +1.19%
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 %
CCP Credit Corp Group 11 Mar 2016 24 Mar 2016 23.00 100.00
CDA Codan 11 Mar 2016 01 Apr 2016 2.00 100.00
CII CI Resources 11 Mar 2016 04 Apr 2016 4.00 100.00
CTE Cryosite 11 Mar 2016 31 Mar 2016 0.50 0.00
EGI Ellerston Global Investments 11 Mar 2016 08 Apr 2016 1.00 100.00
EPW ERM Power 11 Mar 2016 15 Apr 2016 6.00 0.00
GZL Gazal Corporation 11 Mar 2016 04 Apr 2016 5.00 100.00
HOM Homeloans 11 Mar 2016 31 Mar 2016 2.00 100.00
LOV Lovisa Holdings 11 Mar 2016 29 Apr 2016 6.67 75.00
MAQ Macquarie Telecom Group 11 Mar 2016 12 Apr 2016 25.00 100.00
ORGHA HY 3M 12-71 Q RD T 11 Mar 2016 22 Mar 2016 159.00 --
SIQ Smartgroup Corporation 11 Mar 2016 31 Mar 2016 8.70 100.00
WHATS HOT?
DATE CODE COMPANY ANNOUNCEMENT
WHATS NOT?
OTH.asx - steaming hot CEN.asx - cooling down
Shares of the real estate website Onthehouse
Holdings Limited rose more than 15%
yesterday after the company reported that it
received a upgraded non-binding conditional
proposal from a consortium of investors
comprising of 77 Victoria Street Venture Pty Ltd
and PIQ1 Pty Ltd to acquire 100% of its issued
capital at $0.85 per share.
The share price of New Zealand power
company Contact Energy Limited has declined
considerably since the company released
gloomy financial results revealing a $116 million
net loss for the six months to December 2015.
The company has lost over 10,000 customers
during the period, succumbing to high
competition within the industry.
ECONOMIC NEWS
What to look out for:
DATE CODE COMPANY ANNOUNCEMENT
No economic news for
Australia
Investors await Chinese
inflation data which is
due at 12:30 PM (AEDT)
European interest rate is
expected to remain
unchanged while the
deposit rate is forecasted
to drop 10 bps
NEWSWORTHY
This caught our attention..
DATE CODE COMPANY ANNOUNCEMENTGateway to Raise $120 Million to Fund
Acquisitions
The company is undertaking a fully underwritten $120 million
equity raising, which consists of a $40.2 million institutional
placement and $79.8 million 2 for 15 entitlement offer. The shares
have been priced at $2.4, a 7.3% discount to GTY’s closing price
yesterday.
The retail entitlement offer is expected to take place on 16 March
2016, while the institutional entitlement offer is set to commence
today. The new stapled securities will rank equally with the
existing securities.
The company aims to use the proceeds to fund the acquisitions
and repay its debt, in order strengthen its balance sheet.
These acquisitions are a combination of established, converted
and expanded MHEs and are expected to settle within 2 months.
Read the full story here: https://www.wise-
owl.com/news/gateway-to-raise-120-million-to-fund-acquisitions
LATEST UPDATE FROM WISE-OWL
Oneview Healthcare PLC (ONE)
CODE COMPANY ANNOUNCEMENTFloat Watch: Oneview Healthcare PLC (ONE) - IPO
Report
ASX:ONE
Oneview Healthcare PLC ("Oneview", "the Company") is an Irish
technology company focused on software in the healthcare sector.
The Company's primary asset is intellectual property ("IP"), the
'Oneview Solution' platform, which is a software application
designed to enhance patient engagement and facilitate
communication between hospitals, staff, patients and family
members. The company is headquartered in Dublin, Ireland and
commenced operations in 2008.
To date Oneview has secured 19 contracts with healthcare facilities
located in USA, Australia, Middle East and Europe. Contracts are
subscription based and long-term in nature, usually valid for 3-5
years. Oneview is in negotiations with a number of tenderers, which
represents an opportunity to new revenue sources.
IPO Report | Offer Price: $3.58 | Listing: 17th Mar | Rating: 2/5
Click Here for 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 remains in a medium-term downtrend
We continue to focus on small-mid cap stocks
We remain cautious on the resource sector
Bullish view for European equities
There are individual opportunities on the ASX 200
We favour the risk/reward ratio for gold miners
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
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.