Advanced Share Registry : Market Update - 15 September 2021

Wall St closed lower despite the earlier jump in the session after softer inflation numbers sent stocks higher. The short-lived enthusiasm turned to a sell-down as investors' doubts kicked in on the potential taper delay.

A mixed market across the indexes around the globe despite soft U.S. inflation data ahead of the Federal Reserve meeting next week. Investors remain nervous around the tapering timeline and tax hikes to fund President Biden's spending plan. Climbing cases of Covid-19 in the U.S. and China weighing on consumer sentiment. Back home, RBA's tune underpinned the afternoon surge on the ASX.

Across the Atlantic, European markets closed mixed as luxury stocks tumbled with the likes of Richemont falling 3.5 per cent, Burberry down 1.8 per cent and LVMH closing 1.6 per cent lower on concerns of a Covid-19 outbreak in China.

Yesterday, the Australian sharemarket rallied to the closing bell closing 0.2 per cent higher at 7,437 closing higher for their third straight day. Investors' confidence grew after RBA Governor Philip Lowe said he could not understand why financial markets were pricing in the lift in the cash rate for next year.

Today the September consumer confidence report from the Westpac - Melbourne Institute is due with Covid-19 challenges to weigh on confidence.

Dow Jones	34,577.57	-292.06	-0.84%
US S&P500	4,443.05	-25.68	-0.57%
US Nasdaq	15,037.76	-67.82	-0.45%
UK FTSE 100	7,034.06	-34.37	-0.49%

RECENT INDIAN OCEAN SECURITIES TRANSACTIONS

Balkan Mining Minerals Limited (ASX:BMM)	Mining Exploration Sector	IPO at $0.20	Price Change from IPO Investment: + $0.175 / 85.50%
Smart Auto Australia Limited (NSX:SAL)	Electric Commercial Vehicles Sector	IPO at $0.10	Price Change from IPO Investment: + $0.10 / 100%
Azure Health Technology Limited (NSX:VTL)	Health Technology	IPO at $0.20	Price Change from latest Investment entry: - 0.05 / 25%
Albion Resources Limited (ASX:ALB)	Diversified Metals & Mining	IPO at $0.20	Price Change from latest Investment entry: - $0.015 / 7.5%
Sprintex Limited (ASX:SIX)	Auto Parts & Equipment	IPO at $0.086	Price Change from latest Investment entry: - $0.013 / 15.12%
Jadar Resources Limited (ASX:JDR)	Diversified Metals & Mining	Private Placement at $0.03	Price Change from latest Investment entry : - $0.007 / 23.33%
Krakatoa Resources Limited (ASX:KTA/KTAOC)	Gold Sector	Private Placement at $0.06	Price Change from latest Investment entry : - $0.008 / 13.33%
PYX Resources Limited (NSX:PYX)	Diversified Metals & Mining	IPO at $0.40	Price Change from latest Investment entry: + $0.76 / 190%
Cokal Limited (ASX:CKA)	Steel Sector	Funding at $0.04	Price Change from latest Investment entry: + $0.036 / 90%
Cyclone Metals Limited (ASX:CLE)	Steel Sector	Placement: at $0.0017	Price Change from latest Investment entry: + $0.0073 / 429.41%
Food Revolution Limited (ASX:FOD)	Packaged Foods & Meat	Placement at $0.035	Price Change from latest Investment entry : - $0.0007 / 20%
Synertec Corporation Limited (ASX:SOP)	Technology Sector	Placement at $0.023	Price Change from latest Investment entry: + $0.077 / 334.78%
Douugh Limited (ASX:DOU)	Wireless Telecommunications Services	Placement at $0.020	Price Change from latest Investment entry: + $0.074 / 370%

This information has proudly been provided by Indian Ocean Securities -www.indianoceansecurities.com. Indian Ocean Securities is a Boutique Australian Financial Services licensee firm (AFSL: 336409), providing tailored strategic advice and corporate finance solutions to a select, high net-worth/ wholesale, Institutional and corporate clients, throughout the Asian and Australian Financial markets.

Disclaimer:

The information provided was based on information available at the time of publishing. We believe that the information in this report is correct and any opinions, conclusions or recommendations are reasonably held or made as at the time of its compilation, but no warranty is made as to accuracy, reliability or completeness. To the extent permitted by law, neither Advanced Share registry (ABN 14 127 175 946) nor any of its subsidiaries accept liability to any person for loss or damage arising from the use of this report. The report has been prepared without taking account of the objectives, financial situation or needs of any particular individual. For this reason, any individual should, before acting on the information in this report, consider the appropriateness of the information, having regard to the individual's objectives, financial situation and needs and, if necessary, seek appropriate professional advice. This report does not purport to be a complete statement or summary.