stoxx 600 declines · in the final half-hour of trading, the asx slipped partially just before...
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Stoxx 600 declines
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The Standard & Poor’s 500 Index climbed 1.1 percent in May,
historically the second-worst month for American equities. Treasuries
capped the period with their first weekly gain since April 17, while the
dollar rebounded 2.3 percent in May after halting a string of nine
straight advances.
Stocks rose as data indicated the economy was settling into a
moderate pace of growth after a first-quarter slump, with the Federal
Reserve signaling any increase in borrowing costs would be shallow
and gradual. Equities also got a boost from a surprise gain in profits
and a record $214 billion of announced acquisitions. Equities churned
higher as reports from hiring to housing indicated the economy was
recovering from a first-quarter slowdown, though not fast enough to
warrant higher rates any time soon.
The Stoxx 600 fell for a fifth time in six days, for a 1.9 percent weekly
decline. The index is down 3.4 percent since a record last month,
having swung between weekly gains and losses since mid-April.
Monthly Gain for U.S. Stocks as Economy Contracted
YESTERDAY IN THE INTERNATIONAL MARKETS Global Ticker Daily Change
S&P500 -0.63%
Dow Jones -0.64%
Nasdaq -0.55%
Stoxx 600 -1.71%
FTSE100 -0.80%
Dax30 -2.26%
Crude Oil +4.54%
Gold +0.08%
The ASX was up 64.1pts, or 1.10 per cent, at 5777.2pts on Friday. The
massive Financials sector led the charge on Friday, rising 1.42 per
cent. All indices were up across the board, with Energy and Metals and
Mining both rising 1.26 per cent.
Australian shares jumped in the opening minutes of trading. The ASX
peaked around 11:30am before following a partial downward trend into
the afternoon. The shares market rose again and remained and
elevated levels for most of the day. In the final half-hour of trading, the
ASX slipped partially just before closing.
Commonwealth Bank of Australia (ASX:CBA) was up $1.59, or 1.90
per cent, at $85.09 per share. As a percentage of the share price, CBA
came in second amongst gains in the major Australian banking giants.
Considering the size of CBA, its gains had the largest impact.
Origin Energy (ASX:ORG) was up 49c, or 3.82 per cent, at $13.31 per
share. Energy shares experience significant gains on Friday. Origin
also benefitted after it was given back over $300m from one of its
majority owned companies.
CBA Leads Bank Rally on ASX
THE ASX YESTERDAY IN REVIEW AUS Ticker Change
ASX200 +1.12%
ALLORDS +1.06%
CBA +1.90%
BHP +1.34%
NXR +9.52%
QBE +0.48%
TGZ +3.25%
DAILY PRICE ACTIVITY AUSTRALIA
ASX200 price action yesterday
UPCOMING ANNOUNCEMENTS
Courtesy of http://www.brrmedia.com/calendar
What’s coming up?
DATE CODE COMPANY ANNOUNCEMENTDATE CODE COMPANY ANNOUNCEMENT
1/06/2015 SVW SEVEN GROUP HOLDINGS LIMITED Record Date
2/06/2015 UBS UBS SECURITIES AUSTRALIA LIMITED Date Payable
4/06/2015 CRB CARBINE RESOURCES LIMITED Annual General Meeting
5/06/2015 FOT FORTUNIS RESOURCES LIMITED EGM
8/06/2015 GID GI DYNAMICS, INC Annual General Meeting
10/06/2015 AQG ALACER GOLD LTD Annual General Meeting
10/06/2015 ABM RBS GROUP (AUSTRALIA) PTY LIMITED Date Payable
10/06/2015 NNW 99 WUXIAN LIMITED Annual General Meeting
12/06/2015 OGC OCEANAGOLD CORPORATION Annual General Meeting
12/06/2015 LGM LUIRI GOLD LIMITED Annual General Meeting
15/06/2015 DGH DESANE GROUP HOLDINGS LIMITED Record Date
15/06/2015 MPX MUSTERA PROPERTY GROUP LIMITED EGM
15/06/2015 AHF AUSTRALIAN DAIRY FARMS GROUP EGM
16/06/2015 PTB PTB GROUP LIMITED Date Payable
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 %
ALL Aristocrat Leisure 29 May 2015 03 Jul 2015 8.00 0.00
AAA BetaShares Australian High Interest Cash
ETF
01 Jun 2015 17 Jun 2015 0.00 0.00
HVST Betashares Australian Dividend Harvester
Fund
01 Jun 2015 17 Jun 2015 0.00 0.00
SDG Sunland Group 01 Jun 2015 25 Jun 2015 2.00 100.00
SNC Sandon Capital Investments 01 Jun 2015 12 Jun 2015 2.00 100.00
TNE Technology One 01 Jun 2015 17 Jun 2015 2.15 100.00
CSR CSR 02 Jun 2015 07 Jul 2015 11.50 0.00
CTXHA HY 3M 09-37 Q RD T 03 Jun 2015 15 Jun 2015 170.03 --
CWNHA HY 3M 09-72 Q RD T 03 Jun 2015 15 Jun 2015 182.00 --
CWNHB HY 3M 04-75 Q RD T 03 Jun 2015 15 Jun 2015 90.87 --
GSBK16 TB 4.75% 06-16 6M 03 Jun 2015 15 Jun 2015 237.50 --
GWA GWA Group 03 Jun 2015 15 Jun 2015 22.80 0.00
IANG CBND 3M PER X 03 Jun 2015 15 Jun 2015 110.30 --
IFZ Infratil 03 Jun 2015 15 Jun 2015 13.36 0.00
WHATS HOT?
DATE CODE COMPANY ANNOUNCEMENT
WHATS NOT?
BKL.asx - steaming hot REA.asx - cooling down
Blackmores Limited experiences record
results driven by strong performances
acrtoss the group. Sales in the third quarter
were up 28% compared to pcp while NPAT
increased by 76%.
REA Group plunged in May following its
financial results despite continued revenue
growth. The stock price has increased
significantly and was trading at a P/E
multiple of >40.
ECONOMIC NEWS
What to look out for
DATE CODE COMPANY ANNOUNCEMENT
AIG Manufacturing
PMI at 9:30am (AEST)
Building approvals and
operating profits to
give clues on strength
of the local economy
Investors eye Chinese
Manufacturing PMI.
Any reading above 50
signals expansion.
NEWSWORTHY
This caught our attention..
DATE CODE COMPANY ANNOUNCEMENTASIC to Crackdown on Market
Sensitive Information
Australian financial institutions have been warned of
tougher penalties for the mishandling of market sensitive
information. Greg Medcraft, the chairman of the Australian
Securities and Investments Commission, said ASIC will
push tougher regulation for white-collar crimes. At the
Stockbrokers Association of Australia’s annual conference
in Sydney on Friday, Mr. Medcraft said he hoped the
tougher regulations would finally dissuade greedy practices.
“Tougher penalties for white collar crime provide the right
nudge to make sure the fear of getting caught can
overcome greed,” he said.
Read the full story here: https://www.wise-
owl.com/news/asic-to-crackdown-on-market-sensitive-information
LATEST UPDATE FROM WISE-OWL
Gold Road Resources Ltd (GOR)
CODE COMPANY ANNOUNCEMENT
Gold Road Resources Ltd ("Gold Road", "the Company") is
an Australian minerals company focused on gold exploration
in Western Australia. Its primary asset the Gruyere Project
near Laverton, where Measured, Indicated and Inferred
Resources have been delineated totalling 137Million tonnes
(Mt) grading 1.24g/t for 5.5million oz.
Gold Road offers speculative exposure to the gold mining
industry. We are attracted to the magnitude of its land
package in the Yarmana region, existing resource inventory
at Gruyere, and track record of low discovery costs.
SPEC BUY | Price $0.47 | Target $0.70 | Stop $0.32
Click here
ASX:GOR
Growth Portfolio Recommendation: Gold Road Resources Ltd (GOR)
A WISE-OWL PUBLICATION
Presented by Simon Herrmann
DATE CODE COMPANY ANNOUNCEMENT
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