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

 


Morningstar Afternoon Research Update Monday, Dec 3, 2012


03-Dec-2012

Special Announcements
There were no Announcements for today.

Research Updates (3)

Special Reports (0)
There were no special reports published today.

Funds (2)
/Bennelong ex-20 Australian Equities (17595) Bronze
/Goldman Sachs Core Plus Australian Fixed Income (15828) Neutral

Shares (1)
/Adelaide Brighton (ABC) Hold

ETFs (0)
There were no research reports published today.

Fixed Income (0)
There were no research reports published today.


Australian Market Report
Monday 3 December – Strong Chinese data shifted the focus from the weak job ads and weaker than expected retail sales figures. Punters are now betting on a cut in interest rates, which will further bolster sentiment. Among the sectors, healthcare, telecoms and discretionary retailers did the best and utilities and consumer staples posted minor losses.

The All Ordinaries rose 22.0 points (0.49%) to 4,540.0 while the S&P/ASX 200 firmed 25.5 points (0.57%) to 4,531.5... Read More

Australian Equities (03-Dec-2012 / Close) CloseChange% Change
/All Ordinaries4540220.49
/S&P/ASX 2004532260.57
/10-year Bond Rate3.06-0.02-0.65
/90 Day Bank Accepted Bills SFE-Day3.09-0.05-1.59
/3-yr Bond Rate2.57-0.04-1.53

Currency (03-Dec-2012 / Close) CloseChange% Change
/$A vs $US1.0403--0.20
/$A vs GBP0.6488--0.28
/$A vs YEN85.660.320.37
/$A vs EUR0.7982--0.50
/$A vs $NZ1.2692--0.24

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Scoop Business: Wheeler Downplays Scope For ‘Large’ Rates Fall

Reserve Bank governor Graeme Wheeler says some market commentators are predicting further declines in interest rates that would only make sense for an economy in recession, although some easing is likely to be needed to maintain New Zealand’s economic growth. More>>

ALSO:

Ruataniwha Dam: Consent Conditions Could Mean Reduced Intensity

Legal advice sought by the Hawke’s Bay Regional Council on the Ruataniwha Dam consent conditions has confirmed that farmers who sign up to take water from the dam could be required to reduce the intensity of their farming operation to meet the catchment’s strict nitrogen limit. More>>

Health And Safety: Bill Now Sees Rules Relaxed For Small Businesses

Health and safety law reform sparked by the Pike River coalmine disaster has been reported back from the industrial relations select committee with weakened requirements on small businesses to appoint health and safety representatives and committees. More>>

ALSO:

Bearing Fruit: Annual Fruit Exports Hit $2 Billion For First Time

The value of fruit exported rose 20 percent (up $330 million) for the June 2015 year when compared with the year ended June 2014. Both higher prices and a greater quantity of exports (up 9.0 percent) contributed to the overall rise. More>>

ALSO:

Interest Rates: NZ Dollar Jumps After RBNZ Trims OCR

The New Zealand dollar jumped more than half a US cent after Reserve Bank governor Graeme Wheeler cut the official cash rate by a quarter-point and said the currency needs to be lower, while dropping a reference to criteria that justified intervention. More>>

ALSO:

Drones: New 'World-Class' Framework For UAVs

The rules, which come into effect on 1 August, recognise the changing environment and create a world-class framework that accommodates ongoing development while still ensuring the safety of the public, property and other airspace users. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news