OPEC deal sparks energy stocks rally

Original article by Jessica Sier, Jens Meyer
The Australian Financial Review – Page: 30 : 30-Sep-16

The S&P/ASX 200 index rose one per cent to 5,471.3 points on 29 September 2016. Energy stocks performed strongly following a decision of OPEC members to reduce production in the coming months. The energy sector closed 6.3 per cent higher, with Beach Energy gaining 10 per cent and Santos, Origin and Woodside all climbing more than seven per cent.

CORPORATES
STANDARD AND POOR’S ASX 200 INDEX, ORGANISATION OF PETROLEUM EXPORTING COUNTRIES, BEACH ENERGY LIMITED – ASX BPT, SANTOS LIMITED – ASX STO, ORIGIN ENERGY LIMITED – ASX ORG, WOODSIDE PETROLEUM LIMITED – ASX WPL, FORTESCUE METALS GROUP LIMITED – ASX FMG, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, BHP BILLITON LIMITED – ASX BHP, RIO TINTO LIMITED – ASX RIO, LYNAS CORPORATION LIMITED – ASX LYC, SPARK INFRASTRUCTURE GROUP – ASX SKI, MIGME LIMITED – ASX MIG, SOSV, DEUTSCHE BANK AG, UNITED STATES. FEDERAL RESERVE BOARD

Commodity troubles weigh on ASX

Original article by Vanessa Desloires
The Australian Financial Review – Page: 28 : 2-Sep-16

The S&P/ASX 200 Index fell 17 points, or 0.3 per, to 5,415.6 on 1 September 2016. Investor sentiment was negatively affected by the weakness in share prices in the US and a fall in oil prices due to a larger-than-expected increase in US inventories. Santos and Origin Energy both lost 3.2 per cent in value. Katana Asset Management portfolio manager Romano Sala Tenna expects crude oil prices to continue to range between $US40 ($A53) and $US50 a barrel.

CORPORATES
STANDARD AND POOR’S ASX 200 INDEX, WESTPAC BANKING CORPORATION – ASX WBC, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, BHP BILLITON LIMITED – ASX BHP, NEWCREST MINING LIMITED – ASX NCM, NORTHERN STAR RESOURCES LIMITED – ASX NST, SANTOS LIMITED – ASX STO, ORIGIN ENERGY LIMITED – ASX ORG, KATANA ASSET MANAGEMENT LIMITED

Estia founder Arvanitins resigns and sells stake

Original article by Matthew Cranston
The Australian Financial Review – Page: 31 : 1-Sep-16

Estia Health’s poor financial results have made investors nervous. The resignation of founder of the Australian-listed aged care operator and developer, Peter Arvanitis, is likely to deepen the crisis in the company. Arvanitis also sold his 17.74 million shares at a price of $A3.15 a share for $A55 million in total.

CORPORATES
ESTIA HEALTH LIMITED – ASX EHE, BANK OF AMERICA MERRILL LYNCH, PERPETUAL LIMITED – ASX PPT, KENNEDY AGED CARE, VGI PARTNERS PTY LTD, SLATER AND GORDON LIMITED – ASX SGH, WATERMARK CAPITAL PTY LTD, TOTUS CAPITAL PTY LTD, AUSTRALIA. DEPT OF HEALTH, MORGAN STANLEY AUSTRALIA LIMITED, QUADRANT CAPITAL PTY LTD, MERCURY CAPITAL PTY LTD

ASX ends earnings season on sour note

Original article by Jens Meyer, Patrick Commins
The Australian Financial Review – Page: 28 : 1-Sep-16

The S&P/ASX 200 index closed 0.8 per cent lower at 5,433.0 on 31 August 2016. Mining and energy stocks were out of favour. Analysts are rather disappointed with the earnings season which ended on 31 August. Goldman Sachs found only five companies whose performance was judged impressive: Fortescue, Seven Group Holdings, GWA Group, JB Hi-Fi and Mayne Pharma.

CORPORATES
STANDARD AND POOR’S ASX 200 INDEX, GOLDMAN SACHS AUSTRALIA PTY LTD, FORTESCUE METALS GROUP LIMITED – ASX FMG, SEVEN GROUP HOLDINGS LIMITED – ASX SVW, GWA GROUP LIMITED – ASX GWA, JB HI-FI LIMITED – ASX JBH, MAYNE PHARMA GROUP LIMITED – ASX MYX, HARVEY NORMAN HOLDINGS LIMITED – ASX HVN

Big miners, banks lift bourse

Original article by Daniel Palmer
The Australian – Page: 28 : 27-Jul-16

The Australian sharemarket posted a small gain on 26 July 2016, with the S&P/ASX 200 adding 3.9 points to close at 5,537.5. Fortescue Metals Group was 1.7 per cent higher at $A4.12 and Qantas advanced 0.66 per cent to end the session at $A3.03. However, Woolworths shed 3.3 per cent to finish at $A23.50 and Santos was 2.4 per cent lower at $A4.56.

CORPORATES
STANDARD AND POOR’S ASX 200 INDEX, FORTESCUE METALS GROUP LIMITED – ASX FMG, QANTAS AIRWAYS LIMITED – ASX QAN, WOOLWORTHS LIMITED – ASX WOW, SANTOS LIMITED – ASX STO, BHP BILLITON LIMITED – ASX BHP, RIO TINTO LIMITED – ASX RIO, WOODSIDE PETROLEUM LIMITED – ASX WPL, NORTHERN STAR RESOURCES LIMITED – ASX NST, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, WESTPAC BANKING CORPORATION – ASX WBC, SEVEN WEST MEDIA LIMITED – ASX SWM, ALS LIMITED – ASX ALQ, SAI GLOBAL LIMITED – ASX SAI, MACQUARIE GROUP LIMITED – ASX MQG, RESERVE BANK OF AUSTRALIA, YAHOO! INCORPORATED, STANDARD AND POOR’S ASX ALL ORDINARIES INDEX

Buoyant Woolies drives gains

Original article by Daniel Palmer
The Australian – Page: 32 : 26-Jul-16

The Australian sharemarket posted solid gains on 25 July 2016, with the S&P/ASX 200 adding 0.64 per cent to close at 5,533.6. Woolworths advanced 7.8 per cent to end the session at $A24.19 and Telstra was 0.35 per cent higher at $A5.82. However, BHP Billiton shed 0.31 per cent to finish at $A19.24 and Santos was 3.3 per cent lower at $A4.67.

CORPORATES
STANDARD AND POOR’S ASX 200 INDEX, WOOLWORTHS LIMITED – ASX WOW, TELSTRA CORPORATION LIMITED – ASX TLS, BHP BILLITON LIMITED – ASX BHP, SANTOS LIMITED – ASX STO, RIO TINTO LIMITED – ASX RIO, FORTESCUE METALS GROUP LIMITED – ASX FMG, NEWCREST MINING LIMITED – ASX NCM, REGIS RESOURCES LIMITED – ASX RRL, NORTHERN STAR RESOURCES LIMITED – ASX NST, WESTPAC BANKING CORPORATION – ASX WBC, WESFARMERS LIMITED – ASX WES, TEN NETWORK HOLDINGS LIMITED – ASX TEN, WAM CAPITAL LIMITED – ASX WAM, IG MARKETS LIMITED, COLES SUPERMARKETS AUSTRALIA PTY LTD, RESERVE BANK OF AUSTRALIA, STANDARD AND POOR’S ASX ALL ORDINARIES INDEX

Ten shares get left behind in post-Brexit rally

Original article by Lucy Battersby
The Sydney Morning Herald – Page: 21 : 22-Jul-16

The Ten Network’s share price has underperformed its listed peers and the broader sharemarket in recent weeks. The stock has risen by 5.5 per cent since 28 June 2016, while Nine Entertainment Company and Seven West Media have gained 10.5 per cent and 11.6 per cent respectively since the "Brexit" fallout. Ivor Ries of Morgans Financial notes that there is a global trend for advertisers to reduce their expenditure on TV advertising.

CORPORATES
TEN NETWORK HOLDINGS LIMITED – ASX TEN, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, SEVEN WEST MEDIA LIMITED – ASX SWM, SEVEN NETWORK LIMITED, MORGANS FINANCIAL LIMITED, LAZARD ASSET MANAGEMENT PACIFIC COMPANY, FOXTEL MANAGEMENT PTY LTD

Bourse climbs past 5500 level

Original article by Daniel Palmer
The Australian – Page: 30 : 22-Jul-16

The Australian sharemarket posted solid gains on 21 July 2016, with the S&P/ASX 200 adding 0.43 per cent to close at 5,512.4. Rio Tinto was 1.1 per cent higher at $A48.52 and Oil Search also rose by 1.1 per cent to end the session at $A7.41. However, Regis Resources shed 5.3 per cent and South32 was down 1.1 per cent.

CORPORATES
STANDARD AND POOR’S ASX 200 INDEX, RIO TINTO LIMITED – ASX RIO, OIL SEARCH LIMITED – ASX OSH, REGIS RESOURCES LIMITED – ASX RRL, SOUTH32 LIMITED – ASX S32, BHP BILLITON LIMITED – ASX BHP, FORTESCUE METALS GROUP LIMITED – ASX FMG, TELSTRA CORPORATION LIMITED – ASX TLS, WOODSIDE PETROLEUM LIMITED – ASX WPL, SANTOS LIMITED – ASX STO, NEWCREST MINING LIMITED – ASX NCM, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, METCASH LIMITED – ASX MTS, WOOLWORTHS LIMITED – ASX WOW, WESFARMERS LIMITED – ASX WES, QUBE HOLDINGS LIMITED – ASX QUB, ASCIANO LIMITED – ASX AIO, AURIZON HOLDINGS LIMITED – ASX AZJ, IG MARKETS LIMITED, HOME TIMBER AND HARDWARE, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, AQUILA RESOURCES LIMITED, INTEROIL CORPORATION, STANDARD AND POOR’S ASX ALL ORDINARIES INDEX

Iron ore miners reaping the benefits from soaring prices

Original article by Peter Ker, Jessica Sier, Tess Ingram
The Australian Financial Review – Page: 15 & 20 : 14-Jul-16

The share prices of BHP Billiton, Rio Tinto and Fortescue Metals Group rallied on 13 July 2016, as the benchmark iron ore price continued to rise. UBS recently estimated that Fortescue’s break-even price is around $US32 per tonne, which is believed to be still slightly above the break-even price of both BHP and Rio Tinto. Meanwhile, Fortescue has advised that its iron ore shipments totalled 169.4 million tonnes in 2015-16, compared with its guidance of 165 million tonnes.

CORPORATES
BHP BILLITON LIMITED – ASX BHP, RIO TINTO LIMITED – ASX RIO, FORTESCUE METALS GROUP LIMITED – ASX FMG, UBS HOLDINGS PTY LTD, MOUNT GIBSON IRON LIMITED – ASX MGX, ROY HILL HOLDINGS PTY LTD, MARUBENI CORPORATION, BC IRON LIMITED – ASX BCI, ATLAS IRON LIMITED – ASX AGO, VALE SA, STEELHOME, MORGAN STANLEY AUSTRALIA LIMITED, MINERAL RESOURCES LIMITED – ASX MIN, MESA MINERALS LIMITED – ASX MAS, PITCHER PARTNERS CORPORATE ADVISORY PTY LTD

Upbeat outlook puts Dacian at record level

Original article by Barry FitzGerald
The Australian – Page: 22 : 8-Jul-16

Dacian Gold’s executive chairman Rohan Williams is confident that the gold mining company’s exploration program at the Callisto project in Western Australia will bring the desired results. Williams’ presentation at the Sydney Mining Club prompted a revaluation of the stock, which rose $A0.19 to $A3.49 on 7 July 2016.

CORPORATES
DACIAN GOLD LIMITED – ASX DCN, SYDNEY MINING CLUB, DELTA GOLD LIMITED