Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Morningstar Morning Research Update Thursday, 29 Nov 2012


29-Nov-2012

Overseas Market Report
Stocks pared early losses and ended higher after House Speaker John Boehner (R-Ohio) expressed optimism that an agreement can be made among political leaders in Washington to avoid the looming fiscal cliff. President Obama was hopeful of a potential agreement, as well. The upbeat sentiment offset the tone of the Federal Reserve's beige book, which showed mixed economic conditions across the country with increases in consumer spending but drops in manufacturing.

In economic news, The US economy grew at a "measured" pace in October and November, as businesses coped with uncertainty over the federal budget outlook and the destruction wreaked by Hurricane Sandy, the Federal Reserve said in a report... Read More

Foreign Equities (29-Nov-2012 / Close)CloseChange% Change
/Dow Jones (US)129851070.83
/S&P 5001410110.79
/NASDAQ2992240.81
/FTSE 100 Index580340.06
/DAX 307343110.15
/CAC 403515130.37
/Nikkei 225 (Japan)9308-115-1.22
/HKSE21709-135-0.62
/SSE Composite Index1974-18-0.89
/BSE Sensitive188423051.65
/NZ 50401230.06

Commodities (29-Nov-2012 / Close)CloseChange% Change
/Aluminium1992-8-0.42
/Copper7747-42-0.54
/Nickel16930310.18
/Gold1719-15-0.88
/Silver33.70.30.82
/Oil - West Texas crude87.2-0.5-0.59
/Lead2186-25-1.12
/Zinc1968-4-0.20

Currency (29-Nov-2012 / Close)CloseChange% Change
/$A vs $US1.0476-0.0033-0.32
/$A vs GBP0.6539-0.0022-0.34
/$A vs YEN85.87-0.14-0.17
/$A vs EUR0.8095-0.0023-0.28
/$A vs $NZ1.27110.00150.12
/$US vs Euro0.77280.00010.01
/$US vs UK0.6243-0.0002-0.03
/$US vs CHF0.93010.00040.05


Research Updates (16)

Special Reports (1)
/Best Stock Ideas: November 2012

Funds (5)
/Kinetic Emerging Companies (15318) Gold
/Perennial Australian Listed Property (5669) Neutral
/Perennial Global Property Securities (14287) Neutral
/Vanguard International Credit Securities Index (9152) Bronze
/Vanguard International Fixed Interest Index (6428) Bronze

Shares (10)
/Aristocrat Leisure (ALL) Hold
/Amcom Telecommunications (AMM) Hold
/Arrium (ARI) Reduce
/FlexiGroup (FXL) Hold
/iiNET (IIN) Reduce
/NRW Holdings (NWH) /Hold
/Regional Express (REX) Accumulate
/Telstra (TLS) Hold
/TPG Telecom (TPM) /Hold
/Reject Shop (TRS) Hold

ETFs (0)
There were no research reports published on the previous business day.

Fixed Income (0)
There were no research reports published on the previous business day.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

'Irregular Accounting': Voluntary Suspension Of Fuji Xerox Govt Contracting

This suspension gives the Ministry of Business, Innovation, and Employment time to understand the full implications of the report from FUJIFILM Holdings into irregular accounting practices at FXNZ. More>>

ALSO:

MPI: Cow Disease Detected In NZ For First Time

MPI is responding to the detection of the cattle disease Mycoplasma bovis in a dairy herd in South Canterbury... The disease is commonly found in cattle globally, including in Australia, but it’s the first detection of it in New Zealand. More>>

South Island Flooding: Focus Moves To Recovery

As water recedes throughout flood-impacted areas of the South Island, Minister of Civil Defence Nathan Guy has praised the efforts of those who were involved in the response to the flooding... More>>

ALSO:

Superu Report: Land Regulation Drives Auckland House Prices

Land use regulation is responsible for up to 56 per cent of the cost of an average house in Auckland according to a new research report quantifying the impact of land use regulations, Finance Minister Steven Joyce says. More>>

ALSO:

Fund For PPP Plans: Govt Embraces Targeted Rates To Spur Urban Infrastructure

The government's latest response to the Auckland housing shortage will see central government and private sector firms invest in 'special purpose vehicles' to fund essential roading, water and drains that Auckland Council can't fund without threatening its credit rating. More>>

ALSO: