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

 

What Winter? Temperature Records Set For June 20-22

The days around the winter soltice produced a number of notably warm tempertaures. More>>

Conservation Deal: New Kākāpō Recovery Partnership Welcomed

Conservation Minister Maggie Barry says the new kakapo recovery partnership between DOC and Meridian Energy is great news for efforts to save one of New Zealand’s most beloved birds. More>>

ALSO:

Tech Sector Report: Joyce Warns Asian Tech Investors View NZ As Hobbits And Food

Speaking in Wellington at the launch of a report showcasing the value of the technology sector to the New Zealand economy, Joyce said more had to be done to tell the country's technology stories overseas. More>>

ALSO:

Mediaglommeration: APN Gets OIO Approval For Demerger Plan

APN News & Media has received Overseas Investment Office approval for its plan to split out its NZME unit ahead of a potential merger with rival Fairfax Media's New Zealand operations. More>>

New Paper: Ninety-Day Trial Period Has No Impact On Firms' Hiring

The introduction of a 90-day trial period has had no impact on hiring by New Zealand companies although they are now in widespread use, according to researchers at Motu Economic and Public Policy Research. More>>

ALSO:

Corrections: Serco Exits Equity Stake, Remains As Operator

Serco has sold its equity stake in the company that holds the contract to design, build and run Wiri Prison in South Auckland but continues as sub-contractor to operate the facility. More>>

GDP: NZ Economy Grows Faster-Than-Forecast 0.7%

New Zealand's economy grew at a faster pace than expected in the first quarter of 2016 as construction expanded at the quickest rate in two years. The kiwi dollar jumped after the data was released. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news