dax, ftse advance asx spi futures up 39 points...2016/02/23 · 26/02/2016 vtg vita group limited...
TRANSCRIPT
DAX, FTSE advance
ASX SPI Futures up 39 points
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U.S. stocks rallied, with the Standard & Poor’s 500 Index closing at a
six-week high, amid broad gains as a surge in oil prices helped lessen
concern that a slowdown in global growth is deepening.
The S&P 500 rose 1.4 percent to 1,945.28 at 4 p.m. in New York, the
highest since Jan. 6 following its strongest weekly advance since
November. The benchmark is less than seven points below its average
price during the past 50 days, after falling below that level on Dec. 30.
Signs that crude prices are stabilizing, and speculation that China’s
slowdown isn’t as bad as feared have helped the gauge cut its 2016
decline in half in six trading sessions. Some of the year’s most beaten-
down shares -- including banks, semiconductor, auto and retailer
stocks -- have paced the rebound.
Commodity producers jumped to their highest levels since the start of
December, pushing European stocks to a three-week peak. The Stoxx
Europe 600 Index advanced 1.7 percent, with Glencore Plc, BHP
Billiton Ltd. and Rio Tinto Group up more than 8 percent.
U.S. Stocks Extend Last Week’s Gains; Oil Surges 6.2%
YESTERDAY IN THE INTERNATIONAL MARKETS Global Ticker Daily Change
S&P500 +1.45%
Dow Jones +1.40%
NASDAQ +1.47%
STOXX 600 +1.67%
FTSE100 +1.47%
DAX30 +1.98%
Crude Oil +6.21%
Gold -1.74%
The local share market started the week strong rising 1%, lifted by
miners, banks and robust earnings results from Brambles (BXB), Nib
Holdings (NHF) or Bluescope Steel (BSL). The ASX 200 has
rebounded more than 200 points from its 2016 low to close at 5,001
points.
All sectors finished in the black with the exception of Utilities. Industrial
and resource stocks rose the strongest, up 2.2% and 1.9%
respectively.
Iron ore miner Arrium (ARI) got a much needed capital injection from
GSO Capital Partners as part of a recapitalisation plan. Bluescope
Steel lifted its interim profit to $200 million while Brambles upgraded its
guidance after posting a 2% rise in statutory profit.
Last week the market recorded its strongest week for the year gaining
3.8% for the week, amid encouraging earnings reports coupled with the
lift in crude oil prices.
ASX200 Climbs Back Above 5,000 Points
THE ASX YESTERDAY IN REVIEW AUS Ticker Change
ASX200 +0.98%
ALLORDS +0.96%
CBA +1.10%
BHP +3.43%
WBC +1.07%
NAB +0.16%
CAR +1.37%
SGP +2.58%
HVN +0.86%
DAILY PRICE ACTIVITY AUSTRALIA
ASX200 price action last week
UPCOMING ANNOUNCEMENTS
Courtesy of http://www.brrmedia.com/calendar
What’s coming up?
DATE CODE COMPANY ANNOUNCEMENTDATE CODE COMPANY ANNOUNCEMENT
23/02/2016 ISD Isentia Group Limited Isentia Group Half Year Results
23/02/2016 APZ ASPEN GROUP Aspen Group Half Year Results
24/02/2016 AWE AWE LIMITED AWE Limited Half Year Results
24/02/2016 WOR WORLEYPARSONS LIMITED WorleyParsons Half Year Results
24/02/2016 PGH PACT GROUP HOLDINGS LTD Pact Group Holdings Half Year 2016 Results
25/02/2016 SFR SANDFIRE RESOURCES NLSandfire Financial Results webcast for the six months
to 31 December
25/02/2016 MQA MACQUARIE ATLAS ROADS GROUP Macquarie Atlas Roads Full Year Results 2016
25/02/2016 IFN INFIGEN ENERGY Infigen Energy 2016 Interim Results Announcement
25/02/2016 IRE IRESS LIMITED IRESS 2015 Full Year Results announcement
26/02/2016 VTG VITA GROUP LIMITED Vita Group HY Results
1/12/2019 SUN SUNCORP-METWAY LIMITED. Date Payable
2/12/2019 QBE QBE INSURANCE GROUP LIMITED Annual General Meeting
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 %
AGL AGL Energy 23 Feb 2016 16 Mar 2016 32.00 100.00
AMC Amcor 23 Feb 2016 22 Mar 2016 26.73 0.00
AUI Aust. United Investment 23 Feb 2016 15 Mar 2016 15.50 100.00
DUI Diversified United Investment 23 Feb 2016 15 Mar 2016 6.50 100.00
LLC LendLease 23 Feb 2016 15 Mar 2016 30.00 0.00
MFG Magellan Financial Group 23 Feb 2016 04 Mar 2016 51.30 100.00
MOC Mortgage Choice 23 Feb 2016 11 Mar 2016 8.00 100.00
MRN Macquarie Media 23 Feb 2016 08 Mar 2016 2.00 100.00
ORG Origin Energy 23 Feb 2016 31 Mar 2016 10.00 0.00
SDM Sedgman 23 Feb 2016 07 Mar 2016 12.30 100.00
ANZPA -- 24 Feb 2016 15 Mar 2016 95.43 100.00
CGL The Citadel Group 24 Feb 2016 31 Mar 2016 4.80 100.00
WHATS HOT?
DATE CODE COMPANY ANNOUNCEMENT
WHATS NOT?
BXB.asx - steaming hot RKN.asx - cooling down
Shares of the logistics company Brambles
reached the highest level since the GFC
yesterday, after the company released a strong
financial result for the 1H16 period, with
underlying profit up 10% coupled with 8%
growth in sales revenue. Statutory profit after
tax grew 14% at a constant currency rate.
Shares of Reckon Limited continue to fall after
releasing a downbeat operational result for the
first half of FY16. The company’s net profit after
tax declined 14% despite a 4% rise in
revenues. The software company stated that
the result was impaired by a rise in costs
incurred to launch new products in various
markets.
ECONOMIC NEWS
What to look out for:
DATE CODE COMPANY ANNOUNCEMENT
No economic news for
Australia
German GDP expected
to show a 0.3% increase
QoQ
U.S. Consumer
Confidence report due at
2am (AEDT)
NEWSWORTHY
This caught our attention..
DATE CODE COMPANY ANNOUNCEMENTNIB Holdings Releases Robust Half-Yearly
Results
NIB Holdings Ltd (ASX:NHF) has released their results for the
half-year ending 31st December 2015. Supported by the Group’s
ARHI (Australia Residents Health Insurance) business, the health
insurer’s results highlighted significant improvements in
Underlying Operating Profit.
Over the course of the half-year, the group reported Statutory
Operating Profit of $59.3million, a 41% improvement to the PCP.
Along with 15.2% and 4.7% growth in Group Revenue and
Statutory NPAT, equating to $927.1 and $43.1 million respectively.
These results were particularly supported by the growth in the
group’s business segments. On an Underlying basis, the Group’s
ARHI business accounted for almost 80% of operating profit, to
$51.7million.
Read the full story here: https://www.wise-owl.com/news/nib-
holdings-releases-robust-half-yearly-results
LATEST UPDATE FROM WISE-OWL
Resolute Mining Ltd (RSG)
CODE COMPANY ANNOUNCEMENTGrowth Portfolio: Resolute Mining Ltd (RSG)
ASX:RSG
Resolute Mining Ltd ("Resolute", "the Company") is an Australian
gold mining company with operations in Queensland and Africa.
Commissioned in 2009 the Syama mine in Mali produced
225,000oz during FY15. Ravenswood (QLD) was commissioned in
2004 and produced over 100,000oz in FY15.
Resolute is on course to produce over 300,000oz in FY16 and post
its second consecutive year of higher operating profit. The long-
term potential of its Resource inventory is due to be highlighted by
completion of Definitive Feasibility Studies for a mine life extension
at Syama and redevelopment of Bibiani, a ~2moz brownfield's site
acquired in 2014.
BUY | Last Price $0.46 | Target $1.10 | Stop $0.22 | Long-term
Outlook
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
A WISE-OWL PUBLICATION
Presented by Simon Herrmann
DATE CODE COMPANY ANNOUNCEMENT
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