volatility index jumps asx set to slide on the open · 9/12/2016 · qub qube holdings 12 sep 2016...
TRANSCRIPT
Volatility Index jumps
ASX set to slide on the open
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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%
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%
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 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
ECONOMIC NEWS
What to look out for:
DATE CODE COMPANY
No important economic
news today
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
A WISE-OWL PUBLICATION
Presented by Simon Herrmann
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