European stocks up 3.3%

ASX set to open flat

wise-owl.comPowered by

The Standard & Poor’s 500 Index surged 3.3 percent to cap its best

week of 2015 as Federal Reserve officials signalled the American

economy is robust enough to withstand the first rate increase since

2006. Equities overcame investors’ anxieties following the attacks in

France, and got further support as Europe’s central bank reiterated its

intention to add stimulus if needed.

The S&P 500 jumped to 2,089.17 in the five days, as the biggest gain

since December pushed the gauge above its average price for the past

200 days and left it 2 percent below an all-time high.

All 10 main groups in the S&P 500 climbed at least 1.3 percent, as

consumer-discretionary shares led gains with a 4.5 percent rally.

The Stoxx Europe 600 Index rose 0.2 percent to 381.78 at the close of

trading. Shares have rebounded 13 percent since a September low

amid optimism that the European Central Bank will add to stimulus

measures. Stocks posted a 3.3 percent weekly advance, after Federal

Reserve minutes indicated the U.S. economy can withstand higher

borrowing costs, while officials reiterated that increases will be gradual.

U.S. and European Stocks Climb after FED and ECB Comments

YESTERDAY IN THE INTERNATIONAL MARKETS Global Ticker Daily Change

S&P500 +0.38%

Dow Jones +0.51%

NASDAQ +0.62%

Stoxx 600 +0.22%

FTSE100 +0.07%

Dax30 +0.31%

Crude Oil +0.43%

Gold -0.17%

The ASX200 experienced a strong week as global equity markets

rebounded following sharp declines the prior week. After a steep fall on

Monday that saw the ASX dip below the 5,000 mark, investor

sentiment improved throughout the week.

The ASX 200 concluded the week at 5,256 points, which is a 4.1% gain

for the five days.

Financials, Miners and also Consumer Staples pushed the local equity

index higher. Investors took advantage of beaten down bank stocks

that appear to offer good value at current prices.

There was not much economic news in Australia last week as overseas

headlines took the spotlight. Investors assess the impacts of a potential

interest rate hike in the U.S. next month. Earlier this year rising rates

were considered harmful for high-risk assets, however investors seem

to believe now that higher rates are a good sign as the U.S. economy

continues to strengthen.

Australian Share Market Gains for the Week

THE ASX YESTERDAY IN REVIEW AUS Ticker Change

ASX200 +0.26%

ALLORDS +0.23%

CBA +0.87%

BHP +0.39%

WBC +0.89%

NAB +0.81%

FLN +2.90%

CHC +1.12%

PTM -0.62%

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

25/11/2015 CHC CHARTER HALL GROUP 2015 Core Plus Industrial Fund (CPIF) Annual Review

25/11/2015 CMW CROMWELL PROPERTY GROUPCromwell Property Group 2015 Annual General

Meeting

26/11/2015 DYE DYESOL LIMITED Dyesol Annual General Meeting 2015

26/11/2015 GTY GATEWAY LIFESTYLE GROUP Gateway Lifestyle Group 2015 Annual General Meeting

27/11/2015 QHL QUICKSTEP HOLDINGS LIMITED Quickstep Holdings Ltd 2015 Annual General Meeting

27/11/2015 ESIENVIRONMENTAL CLEAN

TECHNOLOGIES LIMITED

Environmental Clean Technologies 2015 Annual

General Meeting

18/12/2015 GNC GRAINCORP LIMITED GrainCorp 2015 Annual General Meeting

10/02/2016 BLD BORAL LIMITED Boral Half Year Results

1/12/2019 SUN SUNCORP-METWAY LIMITED. Date Payable

2/12/2019 QBE QBE INSURANCE GROUP LIMITED Annual General Meeting

2/12/2019 HJBHAMILTON JAMES & BRUCE GROUP

LIMITEDInterim Results

2/12/2019 CHP CHAPMANS LIMITED Full Year Results

2/12/2019 MCH MURCHISON HOLDINGS LIMITED Interim Results

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 %

DLX DuluxGroup 24 Nov 2015 15 Dec 2015 11.50 100.00

BENPD -- 25 Nov 2015 14 Dec 2015 253.52 100.00

IFZ Infratil 25 Nov 2015 15 Dec 2015 4.87 0.00

MQGPA -- 25 Nov 2015 07 Dec 2015 264.50 40.00

ORI Orica 25 Nov 2015 18 Dec 2015 56.00 35.71

RHL Ruralco Holdings 25 Nov 2015 18 Dec 2015 7.00 100.00

YTMF01 -- 25 Nov 2015 10 Dec 2015 75.63 0.00

AGLHA HY 3M 06-39 Q SU T 26 Nov 2015 08 Dec 2015 148.72 --

ANZPA -- 26 Nov 2015 15 Dec 2015 92.15 100.00

WBCPD -- 26 Nov 2015 08 Dec 2015 93.63 100.00

GNC Graincorp 27 Nov 2015 15 Dec 2015 2.50 100.00

AYJ Australian Masters Yield Fund No 3 30 Nov 2015 10 Dec 2015 46.00 100.00

WHATS HOT?

DATE CODE COMPANY ANNOUNCEMENT

WHATS NOT?

BBN.asx - steaming hot CLX.asx - cooling down

Baby Bunting offers profitable exposure to

domestic demand for baby goods. We are

attracted to its growth record, strong online

presence, management team and expansion

strategy. BBN has gained ~57% since its

IPO listing in October.

CTI Logistics Limited posted soft FY15

results as revenue fell 12% and profit

declined nearly 40%. CLX is engaged in the

provision of logistics and transport services,

rental of property, manufacturing of plastic

products and provision of security services.

ECONOMIC NEWS

What to look out for:

DATE CODE COMPANY ANNOUNCEMENT

No economic news for

Australia

German Manufacturing

data due today at 7:30

PM

US set to release

existing home sales data

overnight

NEWSWORTHY

This caught our attention..

DATE CODE COMPANY ANNOUNCEMENTSonic Healthcare Reaffirms FY16 Guidance

at AGM

Sonic Healthcare (ASX:SHL) held its Annual General Meeting

(AGM) today and provided a trading update to its shareholders.

SHL is tracking “in line with guidance” as the Company reaffirmed

its FY16 guidance.

Sonic Healthcare expects EBITDA of A$815-840 million at

constant currency rates and 20% growth at current currency rates.

The guidance excludes further acquisitions and the board expects

“normal earnings weighting to H2 more accentuated this year”.

Interest expenses are expected to increase by 5-10% due to

acquisitions completed.

Read the full story here: https://www.wise-owl.com/news/sonic-

healthcare-reaffirms-fy16-guidance-at-agm

LATEST UPDATE FROM WISE-OWL

Slater and Gordon Ltd (SGH)

CODE COMPANY ANNOUNCEMENTActive Investor's Recommendation: Slater

and Gordon Ltd (SGH)

ASX:SGH

Slater and Gordon Limited (“SGH”), established in 1935, is a law

firm operating legal practices in Australia and the UK. The company

specialises in compensation law, conveyancing, family law, wills,

estate planning & probate, class action, criminal law and dispute

resolution. In March 2015 Slater and Gordon announced the

acquisition of the Professional Services Division (“PSD”) of Quindell

plc for £637m. Since June 2015 Quindell plc is under investigation

by the Financial Conduct Authority for its accounting practices.

SGH‘s share price has retreated below fair value following the

acquisition of Quindell’s PSD and the ongoing investigation by

financial regulators. We favour SGH’s short-term technical trajectory

after establishing support and breaking out to the upside. If the

stock rises, short-sellers could be forced into closing positions which

could help accelerate buying.

BUY | Price $3.05 | Target $4.35 | Yield: 3% | Short-Term Outlook

Click here to read 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 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.