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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

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