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Page 1: Volatility Index jumps ASX set to slide on the open · 9/12/2016  · QUB Qube Holdings 12 Sep 2016 11 Oct 2016 2.80 100.00 SDF Steadfast Group 12 Sep 2016 14 Oct 2016 3.60 100.00

Volatility Index jumps

ASX set to slide on the open

wise-owl.comPowered by

Page 2: Volatility Index jumps ASX set to slide on the open · 9/12/2016  · QUB Qube Holdings 12 Sep 2016 11 Oct 2016 2.80 100.00 SDF Steadfast Group 12 Sep 2016 14 Oct 2016 3.60 100.00

U.S. stocks fell in the worst selloff since Britain voted to leave the

European Union, with the Dow Jones Industrial Average falling almost

400 points after a Federal Reserve official signalled more willingness to

raise interest rates.

Equities were jolted out of an eight-week stretch of calm as central

bankers weigh the benefits of further stimulus efforts.

The S&P 500 Index fell 2.5 percent to 2,127.81 at 4 p.m. in New York,

marking a two-month low and its biggest weekly drop since February.

The Dow lost 394.46 points, or 2.1 percent, to 18,085.45, while the

Nasdaq Composite Index declined 2.5 percent. The CBOE Volatility

Index surged the most since the Brexit vote, up 40 percent, to a two-

month high.

About 8.4 billion shares traded hands on U.S. exchanges Friday, 24

percent above the three-month average.

U.S. Stocks End Eight-Week Stretch of Calm; VIX Jumps

YESTERDAY IN THE INTERNATIONAL MARKETS Global Ticker Daily Change

S&P 500 -2.45%

Dow Jones -2.13%

NASDAQ -2.54%

STOXX 600 -1.09%

FTSE 100 -1.19%

DAX30 -0.95%

Crude Oil -3.65%

Gold -0.53%

Page 3: Volatility Index jumps ASX set to slide on the open · 9/12/2016  · QUB Qube Holdings 12 Sep 2016 11 Oct 2016 2.80 100.00 SDF Steadfast Group 12 Sep 2016 14 Oct 2016 3.60 100.00

Following several weeks of declines, the ASX looks set to open lower

this morning after a sharp selloff in the U.S. on Friday. The ASX SPI

Futures point to a fall of approximately 80 points at 10 AM this morning.

On Friday the S&P/ASX 200 slid 0.9 per cent or 47 points and was last

quoted at 5,339.20 points.

The market traded near the 5,600 points mark at the beginning of

August and remained broadly flat throughout the month. However,

since the beginning of September, stocks have steadily eased and are

now heading towards the 5,200 – 5,300 points region.

Investors have sold off high yield stocks such as Telecommunications,

Utilities and the Banks while Volatility is expected to rise. Crude oil

prices tumbled over 3 per cent on Friday, which will likely weigh on

domestic energy shares.

ASX Set to Resume Downwards Trend

THE ASX YESTERDAY IN REVIEW AUS Ticker Change

ASX 200 -0.87%

ALL ORDS -0.80%

CBA -1.65%

BHP +2.57%

ANZ -1.18%

NAB -1.34%

WOW -1.80%

RSG -0.98%

OZL -0.83%

Page 4: Volatility Index jumps ASX set to slide on the open · 9/12/2016  · QUB Qube Holdings 12 Sep 2016 11 Oct 2016 2.80 100.00 SDF Steadfast Group 12 Sep 2016 14 Oct 2016 3.60 100.00

DAILY PRICE ACTIVITY AUSTRALIA

ASX200 price action yesterday

Page 5: Volatility Index jumps ASX set to slide on the open · 9/12/2016  · QUB Qube Holdings 12 Sep 2016 11 Oct 2016 2.80 100.00 SDF Steadfast Group 12 Sep 2016 14 Oct 2016 3.60 100.00

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 %

ABA Auswide Bank 12 Sep 2016 30 Sep 2016 16.00 100.00

CIM CIMIC Group 12 Sep 2016 05 Oct 2016 48.00 100.00

OPG Opus Group 12 Sep 2016 26 Sep 2016 2.00 100.00

ORA Orora 12 Sep 2016 17 Oct 2016 5.00 30.00

PEP Pepper Group 12 Sep 2016 05 Oct 2016 3.00 100.00

QMS QMS Media 12 Sep 2016 19 Oct 2016 1.50 100.00

QUB Qube Holdings 12 Sep 2016 11 Oct 2016 2.80 100.00

SDF Steadfast Group 12 Sep 2016 14 Oct 2016 3.60 100.00

YTMOW -- 12 Sep 2016 26 Sep 2016 300.00 0.00

ADH Adairs 13 Sep 2016 28 Sep 2016 6.50 100.00

AMPPA -- 13 Sep 2016 22 Sep 2016 129.15 90.00

Page 6: Volatility Index jumps ASX set to slide on the open · 9/12/2016  · QUB Qube Holdings 12 Sep 2016 11 Oct 2016 2.80 100.00 SDF Steadfast Group 12 Sep 2016 14 Oct 2016 3.60 100.00

ECONOMIC NEWS

What to look out for:

DATE CODE COMPANY

No important economic

news today

Page 7: Volatility Index jumps ASX set to slide on the open · 9/12/2016  · QUB Qube Holdings 12 Sep 2016 11 Oct 2016 2.80 100.00 SDF Steadfast Group 12 Sep 2016 14 Oct 2016 3.60 100.00

OUR VIEWS AT A GLANCE

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

CODE COMPANY ANNOUNCEMENT

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 in the medium-term

Page 8: Volatility Index jumps ASX set to slide on the open · 9/12/2016  · QUB Qube Holdings 12 Sep 2016 11 Oct 2016 2.80 100.00 SDF Steadfast Group 12 Sep 2016 14 Oct 2016 3.60 100.00

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 9: Volatility Index jumps ASX set to slide on the open · 9/12/2016  · QUB Qube Holdings 12 Sep 2016 11 Oct 2016 2.80 100.00 SDF Steadfast Group 12 Sep 2016 14 Oct 2016 3.60 100.00

LICENSE & DISCLAIMER

DATE CODE COMPANY ANNOUNCEMENTDISCLAIMER

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