FINANCIAL NEWS

Energy Sector’s Sword Of Damocles

In this week's Weekly Insights: -Energy Sector's Sword Of Damocles -No Weekly Insights Next Week -The RBA Narrative That Never…

10:00 AM


Share Buybacks – Who’s Doing It?

Weekly Update on ASX-listed companies buying in their own stock.

12:46 PM


Super Retail Defends Sports With Rebranding

Brokers welcome Super Retail’s intention to convert all the Amart Sports stores to the Rebel brand, creating a leaner division that will face the growing competition.

12:05 PM


Strong Trend For Ramsay Health Care

The Chartist reports Ramsay Health Care may be shaping up for a leg higher.

11:04 AM


What Analysts Tip For The Big Caps

Peter Switzer of the Switzer Super Report previews earnings season for Telstra, the big banks and big miners.

10:28 AM


Macquarie rates OZL as Outperform

June quarter production was mixed, with softer copper offset by higher gold output and lower cash costs. Macquarie upgrades  2017 earnings forecasts by 13% after incorporating the result.

Nevertheless, changes to the grade profile assumptions drive a -10% reduction to 2018 estimates. Outperform and $9.50 target retained.

UBS rates VCX as Buy

The broker believes the threats from consumer weakness and online growth have been overplayed, and an announced 5% buyback and rise in net asset valuation from Vicinity supports this thesis. The broker upgraded to Buy last week.

That rating and $2.92 target remain intact, and the broker suggests other A-REITs may follow suit at their result releases, with GPT ((GPT)) and Charter Hall Retail ((CQR)) favoured.

Citi rates WSA as Neutral

Citi analysts seem pleased with the June quarter production report. They anticipate both higher grades and recoveries in H2. Neutral rating retained as the target price withstands lower nickel price forecasts plus a stronger AUD in forward modeling.

The analysts observe cash increased to $140.3m. They highlight Western Areas carries no debt, which should give it security from volatile nickel prices. Citi forecasts sufficient internal funding for all Odysseus capex. Target $2.20.

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ANALYSIS & DATA

MARKET CONSENSUS FORECAST

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DAILY FINANCIAL NEWS

Super Retail Defends Sports With Rebranding

Brokers welcome Super Retail’s intention to convert all the Amart Sports stores to the Rebel brand, creating a leaner division that will face the growing competition.

12:05 PM - Australia


The Chartist reports Ramsay Health Care may be shaping up for a leg higher.

11:04 AM - Technicals


What Analysts Tip For The Big Caps

Peter Switzer of the Switzer Super Report previews earnings season for Telstra, the big banks and big miners.

10:28 AM - FYI


Newcrest Mining is emerging from the disruption caused by a seismic event at its Cadia copper/gold mine. Brokers assess the outlook and growth options for the miner.

Jul 25 2017 - Australia


Mineral sands miner Iluka Resources posted a strong beat on production and sales in the June quarter but brokers disagree over valuation.

Jul 25 2017 - Australia


Satellite service provider SpeedCast International continues on the acquisition trail, with its latest considered a strong strategic move into the international government sector.

Jul 25 2017 - Small Caps


RUDI'S VIEWS

Energy Sector’s Sword Of Damocles

In this week's Weekly Insights: -Energy Sector's Sword Of Damocles -No Weekly Insights Next Week -The RBA Narrative That Never…

10:00 AM

DAILY MARKET REPORTS

The Overnight Report: When Earnings Beats Matter

Surprise results from McDonalds and Caterpillar sparked life back into Wall Street last night. Dow up 100.

8:58 AM


Today’s Financial Calendar

Significant Scheduled Events For 26 July, 2017

8:15 AM


The Overnight Report: Not Excited

Wall Street continues to see selling despite positive earnings results. Dow down -66.

Jul 25 2017


Today’s Financial Calendar

Significant Scheduled Events For 25 July, 2017

Jul 25 2017


The Monday Report

Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.

Jul 24 2017


Today’s Financial Calendar

Significant Scheduled Events For 24 July, 2017

Jul 24 2017


The Overnight Report: Time Out

Wall Street took a breather last night having hit new highs on Wednesday. Dow down -28.

Jul 21 2017


WEEKLY REPORTS

Share Buybacks – Who’s Doing It?

Weekly Update on ASX-listed companies buying in their own stock.

12:46 PM

Uranium Week: Back To Support

After seven consecutive incremental weekly gains, the spot uranium price fell back to the US$20/lb mark last week.

Jul 25 2017

Australian Listed Real Estate Tables

FNArena provides a weekly update of Australian listed real estate trusts (REIT) and property developers, current pricing yield and valuation data.

Jul 24 2017


Weekly Ratings, Targets, Forecast Changes

Weekly update on stockbroker recommendation, target price, and earnings forecast changes.

Jul 24 2017

Weekly Top Ten News Stories

Our top ten news stories from 13 July 2017 to 20 July 2017

Jul 21 2017

Next Week At A Glance

A brief look at important company events and economic data releases next week.

Jul 21 2017


The Wrap: Rates, A-REITs And PNG LNG

Weekly Broker Wrap: RBA cash rates; Amazon & CPI; A-REITs; PNG LNG; Bell Potter initiates on Cyclopharm

Jul 21 2017

Australian Corporate Bond Price Tables

FNArena provides a weekly update of Australian listed corporate bond issues, current pricing and yield data.

Jul 20 2017

The Short Report

FNArena’s weekly update on short positions in the Australian share market.

Jul 20 2017


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THE MARKETS

    Click item/line to change chart

  • Australia

    26 July 2017   Updated : 16:46   AEDT

    SPI Overnight (Sep)

    5705.00

    +42.00

    0.74%

    All Ordinaries

    5823.30

    +48.00

    0.83%

    S&P ASX 200

    5776.60

    +50.00

    0.87%

    S&P ASX 300

    5723.00

    +48.60

    0.86%

    Consumer Discretionary

    2201.50

    -11.40

    -0.52%

    Consumer Staples

    9223.10

    +98.20

    1.08%

    Energy

    8776.20

    +250.40

    2.94%

    Financials

    6647.10

    +48.00

    0.73%

    Health Care

    23041.70

    +198.00

    0.87%

    Industrials

    5619.50

    +6.00

    0.11%

    Info Technology

    880.50

    +4.40

    0.50%

    Materials

    10098.60

    +206.20

    2.08%

    Telecommunication

    1449.80

    +3.50

    0.24%

    Utilities

    8361.50

    -12.80

    -0.15%

  • Asia

    26 July 2017   Updated : 16:46   AEDT

    NZ50

    7710.590

    -2.470

    -0.030%

    Nikkei 225

    20050.16

    +94.96

    0.48%

    Hang Seng

    26873.05

    +21.00

    0.08%

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  • Australasia

    26 July 2017   Updated : 16:46   AEDT

    AUD/USD

    0.7882

    -0.0054

    -0.6800%

    AUD/NZD

    1.0626

    -0.0070

    -0.6500%

    NZD/USD

    0.7416

    -0.0003

    -0.0400%

    AUD/JPY

    88.22

    -0.57

    -0.64%

    SGD/AUD

    0.93

    +0.01

    0.63%

    AUD/EUR

    0.6776

    -0.0036

    -0.5300%

    AUD/GBP

    0.6057

    -0.0033

    -0.5400%

  • World

    26 July 2017   Updated : 16:46   AEDT

    CAD/USD

    0.7985

    -0.0005

    -0.0600%

    EUR/JPY

    130.16

    -0.13

    -0.10%

    EUR/USD

    1.1629

    -0.0018

    -0.1500%

    GBP/USD

    1.3007

    -0.0022

    -0.1700%

    USD/JPY

    111.93

    +0.06

    0.06%

    Click item/line to change chart

  • World

    26 July 2017   Updated : 07:44   AEDT

    FTSE100

    7434.82

    +57.09

    0.77%

    DAX30

    12264.31

    +55.36

    0.45%

    DJIA

    21613.43

    +100.26

    0.47%

    S&P500

    2477.13

    +7.22

    0.29%

    Nasdaq Comp

    6412.17

    +1.37

    0.02%

    S&P500 VIX

    9.43

    0.00

    0.00%

    US 10-year yield

    2.330

    +0.070

    3.100%

    USD Index

    94.07

    +0.07

    0.07%

  • Aus Stocks

    26 July 2017   Updated : 07:43   AEDT

    BHP (UK)

    1343.50

    +55.50

    4.31%

    Rio (UK)

    3475.00

    +151.00

    4.54%

    BHP (US)

    40.21

    +1.32

    3.39%

    Rio (US)

    45.93

    +2.03

    4.62%

    ResMed (US)

    77.68

    +0.49

    0.63%

    South32 (UK)

    65667.63

    +568.07

    0.87%

    James Hardie (US)

    15.54

    +0.34

    2.24%

    Telstra (US)

    24.80

    -0.02

    -0.08%

    Westpac (US)

    25.85

    +0.17

    0.66%

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  • Spot Metals & Minerals

    26 July 2017   Updated : 08:51   AEDT

    Gold (oz)

    1249.60

    -5.40

    -0.43%

    Silver (oz)

    16.48

    +0.01

    0.06%

    Copper (lb)

    2.8082

    +0.0912

    3.3600%

    Aluminium (lb)

    0.8639

    +0.0089

    1.0400%

    Lead (lb)

    1.0371

    +0.0259

    2.5600%

    Nickel (lb)

    4.5231

    +0.0998

    2.2600%

    Zinc (lb)

    1.2846

    +0.0235

    1.8600%

    Copper (t)

    6191.00

    +201.00

    3.36%

    Aluminium (t)

    1905.00

    +20.00

    1.06%

    Lead (t)

    2286.00

    +57.00

    2.56%

    Nickel (t)

    9972.00

    +220.00

    2.26%

    Zinc (t)

    2832.00

    +52.00

    1.87%

    Iron Ore (t)

    69.70

    +2.80

    4.19%

    Uranium (lb) weekly

    20.00

    -0.35

    -1.72%

  • Energy Futures

    26 July 2017   Updated : 07:43   AEDT

    West Texas Crude (Sep)

    48.61

    +2.13

    4.58%

    Brent Crude (Sep)

    50.68

    +1.94

    3.98%

    Henry Hub NatGas (Aug)

    2.94

    +0.04

    1.38%

CALENDAR

Wednesday, 26 July 2017
NZ trade balance, Jun
AU CPI, Q2
AU RBA governor speaks
UK GDP, Q2
US Fed policy meeting
US new home sales, Jun
IGO quarterly production report
SBM quarterly production report
SXY quarterly production report
Thursday, 27 July 2017
CH industrial profits, Jun
US Chicago Fed national activity index, Jun
US durable goods orders, Jun

ALL WEATHER STOCKS

Code Company Price
AMC AMCOR LIMITED

$15.64

ARB ARB CORPORATION LIMITED

$15.60

CSL CSL LIMITED

$130.01

IVC INVOCARE LIMITED

$14.20

RHC RAMSAY HEALTH CARE LIMITED

$72.98

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FNARENA TALKS

       

FNARENA WINDOWS

Window on RETAILING

Super Retail Defends Sports With Rebranding

Brokers welcome Super Retail’s intention to convert all the Amart Sports stores to the Rebel brand, creating a leaner division that will face the growing competition.

12:05 PM


Window on HEALTHCARE SERVICES

Strong Trend For Ramsay Health Care

The Chartist reports Ramsay Health Care may be shaping up for a leg higher.

11:04 AM


Window on GOLD & SILVER

Newcrest Emerges From Cadia Disruption

Newcrest Mining is emerging from the disruption caused by a seismic event at its Cadia copper/gold mine. Brokers assess the outlook and growth options for the miner.

Jul 25 2017


SMS FUNDAMENTALS

SMSFundamentals: How Do We Rate Financial Advice?

A recent survey has made some interesting findings on whether Australians seek financial advice and how that advice is valued.

Apr 11 2017


FEATURE STORIES

Australian Banks And The APRA Impact

How will further lending restrictions now imposed by APRA impact on bank earnings and the housing market?

Apr 05 2017