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

 


Morningstar Morning Research Update Friday, Nov 30, 2012

30-Nov-2012

Overseas Market Report

Stocks ended higher this morning after an upward revision in third-quarter GDP and continued hope for a fiscal cliff deal despite House Speaker John Boehner's comments that no "substantive progress" had been made.

The US economy grew by 2.7% in the third-quarter according to a new estimate form the Commerce Department, up from an initial reading of 2.0%. The revision was mostly driven by an increase in private inventories. After-tax corporate profits were up 5.2% from the previous quarter and up 18.6% year-over-year... Read More

Foreign Equities (30-Nov-2012 / Close)CloseChange% Change
/Dow Jones (US)13022370.28
/S&P 500141660.43
/NASDAQ3012200.68
/FTSE 100 Index5870671.15
/DAX 307401580.78
/CAC 403569541.53
/Nikkei 225 (Japan)9401930.99
/HKSE219232140.99
/SSE Composite Index1963-10-0.51
/BSE Sensitive191713291.75
NZ 5040170--

Commodities (30-Nov-2012 / Close)CloseChange% Change
/Aluminium2065733.68
/Copper78851381.78
/Nickel16949190.11
/Gold17260-0.02
/Silver34.2-0.5-1.44
/Oil - West Texas crude86.5-0.7-0.81
/Lead2223371.68
/Zinc2013452.29

Currency (30-Nov-2012 / Close)CloseChange% Change
/$A vs $US1.04300.00420.40
/$A vs GBP0.65020.00360.55
/$A vs YEN85.610.430.51
/$A vs EUR0.80390.00460.57
/$A vs $NZ1.26720.00320.25
/$US vs Euro0.77070.00130.17
/$US vs UK0.62340.00100.15
/$US vs CHF0.92770.00140.15


Research Updates (21)

Special Reports (1)
/Gas threat to Australia?

Funds (5)
/Colonial First State Global Property (11806) Neutral
/Colonial First State Property Securities (3482) Neutral
/MLC Diversified Debt (16244) Neutral
/MLC Horizon 1 Bond (13402) Neutral
/NovaPort Smaller Companies (9140) Bronze

Shares (14)
/Auckland Airport (AIA) Hold
/Auckland Airport (AIA-NZ) Hold
/BlueScope Steel (BSL) Reduce
/CSL (CSL) Reduce
/QBE (QBE) Buy
/Ryman Healthcare (RYM-NZ) Reduce
/Sky Network TV (SKT) Hold
/Sky Network Television (SKT-NZ) Hold
/Santos (STO) Accumulate
/Thorn Group (TGA) /Hold
/Tower (TWR) Hold
/Tower (TWR-NZ) Hold
/Whitehaven Coal (WHC) Hold
/Western Areas (WSA) Hold

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

Fixed Income (1)
/AGL Energy Subordinated Notes (AGKHA) Hold

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Interest Rates: Wheeler Hikes OCR To 3% On Inflationary Pressures, Eyes Kiwi

Reserve Bank governor Graeme Wheeler lifted the official cash rate for the second time in as many months, saying non-tradable inflationary pressures were "becoming apparent" in an economy that’s picking up pace and he's watching the impact of a strong kiwi dollar on import prices. More>>

ALSO:

Scoop Business: Equity Crowd Funding Carries Risks, High Failure Rate

Equity crowd funding, which became legal in New Zealand this month, comes with a high risk of failure based on figures showing existing forays into social capital have a success rate of less than 50 percent, one new entrant says. More>>

ALSO:

Scoop Business: NZ Migration Rises To 11-Year High In March

The country gained a seasonally adjusted 3,800 net new migrants in March, the most since February 2003, said Statistics New Zealand. A net 400 people left for Australia in March, down from 600 in February, according to seasonally adjusted figures. More>>

ALSO:

Hugh Pavletich: New Zealand’s Bubble Economy Is Vulnerable

The recent Forbes e-edition article by Jesse Colombo assesses the New Zealand economy “ 12 Reasons Why New Zealand's Economic Bubble Will End In Disaster ”, seems to have created quite a stir, creating extensive media coverage in New Zealand. More>>

ALSO:

Thursday Market Close: Genesis Debut Sparks Energy Rally

New Zealand stock rose after shares in the partially privatised Genesis Energy soared as much as 18 percent in its debut listing on the NZX, buoying other listed energy companies in the process. Meridian Energy, MightyRiverPower, Contact Energy and TrustPower paced gains. More>>

ALSO:

Power Outages, Roads Close: Easter Storm Moving Down Country

The NZ Transport Agency says storm conditions at the start of the Easter break are making driving hazardous in Auckland and Northland and it advises people extreme care is needed on the regions’ state highways and roads... More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news