Europe rises 8% for the month

ASX set to open lower today

wise-owl.comPowered by

U.S. stocks faded late in October’s final session, paring the strongest

monthly gain since 2011 as weaker-than-estimated quarterly results

weighed on financial and consumer staples shares.

The pace of the October advance levelled off since stocks on

Wednesday pushed to their highest since August, capping a robust

rally in a more stoic fashion. Analysts project profits for S&P 500

members dropped 3.9 percent in the third quarter, improving from an

estimated 6.1 percent decline a week ago, following better-than-

forecast results from Chevron and Exxon Mobil.

The S&P 500 declined 0.5 percent to 2,079.36 at 4 p.m. in New York,

with the gauge up 8.3 percent this month. Stocks are also extended to

five their longest streak of weekly advances this year. The Dow Jones

Industrial Average lost 92.26 points, or 0.5 percent, to 17,663.54. The

Nasdaq Composite Index fell 0.4 percent.

European shares were little changed on the final day of trading in a

month that has seen their strongest rally in six years. The Stoxx 600

gained 8% for the month.

U.S. Equities Rise 8.3% for the Month; Mixed Earnings

YESTERDAY IN THE INTERNATIONAL MARKETS Global Ticker Daily Change

S&P500 -0.48%

Dow Jones -0.52%

NASDAQ -0.40%

Stoxx 600 -0.06%

FTSE100 -0.54%

Dax30 +0.46%

Crude Oil +1.15%

Gold -0.51%

The local share market lost 2.1% for the week after falling on Thursday

and Friday. However the ASX200 rose 4.3% for the month October as

global equities from Asia to the U.S. rebounded. Investor sentiment

turned positive last month after a selloff in August and a dull

September.

Last week investors were disappointed with trading updates from ANZ,

NAB and WOW.

Woolworths first quarter sales totalled $15.75bn, down 2.5% compared

to the prior year. Chairman Gordon Cairns released a profit warning as

he expects NPAT to be between 20% and 35% lower. The new

guidance is $900m to $1bn.

The market is pricing in a higher chance of a rate cut tomorrow

following last week’s soft inflation data.

ASX Falls for the Week; Concludes Strong Month

THE ASX YESTERDAY IN REVIEW AUS Ticker Change

ASX200 -0.52%

ALLORDS -0.41%

CBA -0.57%

BHP -1.92%

WBC -1.69%

NAB -1.02%

IAG +0.72 %

FLN -1.13%

PTM +2.64%

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

30/10/2015 AHZ ADMEDUS LIMITED Admedus Investor Presentation – October 2015

30/10/2015 MQG MACQUARIE GROUP LIMITED Macquarie Group 1H16 Result Announcement

4/11/2015 AAD ARDENT LEISURE GROUP Ardent Leisure Quarterly Update

4/11/2015 NPX NUPLEX INDUSTRIES LTD Nuplex Industries 2015 Annual General Meeting

4/11/2015 NPX NUPLEX INDUSTRIES LIMITED. Annual General Meeting

5/11/2015 CCP CREDIT CORP GROUP LIMITED Credit Corp 2015 Annual General Meeting

5/11/2015 BLD BORAL LIMITED Boral 2015 Annual General Meeting

5/11/2015 AAD ARDENT LEISURE GROUP Ardent Leisure 2015 Annual General Meeting

6/11/2015 WEC WHITE ENERGY COMPANY LIMITED White Energy 2015 Annual General Meeting

11/11/2015 CHC CHARTER HALL GROUP Charter Hall 2015 Annual General Meeting

12/11/2015 EAX ENERGY ACTION LIMITED Annual General Meeting

13/11/2015 IFN INFIGEN ENERGY Infigen 2015 Annual General Meeting

17/11/2015 CQR CHARTER HALL RETAIL REIT

Charter Hall Retail REIT 2015 Annual Unitholders

Meeting

18/11/2015 DUE DUET GROUP DUET Group 2015 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 %

KAT Katana Capital 30 Oct 2015 02 Dec 2015 1.50 100.00

AAA BetaShares Australian High Interest Cash 02 Nov 2015 18 Nov 2015 0.00 0.00

BKW Brickworks 02 Nov 2015 25 Nov 2015 30.00 100.00

HVST Betashares Australian Dividend Harvester

Fund

02 Nov 2015 18 Nov 2015 0.00 0.00

AAI Alcoa 04 Nov 2015 25 Nov 2015 2.98 0.00

API Australian Pharmaceutical Industries 04 Nov 2015 04 Dec 2015 2.50 100.00

BIS Bisalloy Steel Group 04 Nov 2015 30 Nov 2015 4.00 100.00

CLX CTI Logistics 04 Nov 2015 20 Nov 2015 4.00 100.00

GSBI21 TB 5.75% 05-21 6M 04 Nov 2015 16 Nov 2015 287.50 --

KMD Kathmandu Holdings 05 Nov 2015 20 Nov 2015 4.50 85.00

DGH Desane Group Holdings 10 Nov 2015 26 Nov 2015 2.00 100.00

GSIO20 TIB +4.00% 08-20 3M 10 Nov 2015 20 Nov 2015 162.50 --

WHATS HOT?

DATE CODE COMPANY ANNOUNCEMENT

WHATS NOT?

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

CIMIC Group (formerly Leighton Holdings) is

enjoying strong momentum. The company

released a strong trading update last week

as NPAT increased 25% and capital

expenditure was decreased by $331m. CIM

reiterated its profit guidance for 2015.

Bradken slumped on news that it has broken

off merger talks with a private equity

consortium which added to recent struggles

related to the mining slowdown. BKN is

down ~80% year-to-date.

ECONOMIC NEWS

What to look out for:

DATE CODE COMPANY ANNOUNCEMENT

AIG Manufacturing Index

to be released at 9:30

AM (AEDT)

Chinese Manufacturing

data is forecasted

slightly higher. Published

at 12:45 PM (AEDT)

German Manufacturing

Data tonight

US set to release its

Manufacturing data

tomorrow.

NEWSWORTHY

This caught our attention..

DATE CODE COMPANY ANNOUNCEMENTMacquarie Group Lifts Net Profit by 58% to

Achieve Record Interim Result

Global investment banking giant Macquarie Group (ASX:MQG)

has posted a record interim profit of more than $1bn, a 58%

increase on last year. Macquarie’s international operations

accounted for 71 percent of total income.

Macquarie’s total profit for the half year was $A1,070m up 58% on

1H15 and up 16% on 2H15. The main contributors to the improved

performance were favourable foreign exchange movements,

higher performance fees and improved trading conditions in

general. All operating group contributions were up on pcp.

Earnings per share for the half year increased 53% to $A3.25

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

owl.com/news/macquarie-group-lifts-net-profit-by-58-to-achieve-

record-interim-result

LATEST UPDATE FROM WISE-OWL

Platinum Asset Management Limited (PTM)

CODE COMPANY ANNOUNCEMENT

Platinum Asset Management Limited (PTM) an Australian based fund

manager specialises in international equities. Platinum manages

unlisted funds as well as the LICs Platinum Capital and Platinum

Asia. Funds Under Management (FUM) as of 30 Sep 2015 were

$26.7bn. Our last advise was a ‘take profit’ recommendation in Jan

2015, to lock in a 13% gain on a short-term trading recommendation.

Platinum Asset Management has a strong track record of achieving

above average returns and its stock price is directly correlated to its

portfolio performance. PTM offers diversified exposure to international

stock markets with a strong focus on U.S. equities and technology

shares.

BUY | Price: $7.24 | Target: $8.45 | Stop: $6.30 | Outlook: 3-6

months

Click Here for the Full Report

Active Investor’s Recommendation: Platinum Asset Management

ASX:PTM

OUR VIEWS AT A GLANCE

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

CODE COMPANY ANNOUNCEMENT

The ASX 200 is stabilising but remains in a medium-term downtrend

We increase our focus on small-mid cap stocks

We remain cautious on the resource sector

We expect international markets to benefit from lower volatility

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

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.