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

 


Morningstar Morning Research Update Friday, Dec 21, 2012


21-Dec-2012

Overseas Market Report
Stocks moved higher as Republican, John Boehner stated he was going to keep working on a fix to the fiscal cliff.

Third-quarter GDP was revised upwards today to 3.1% from 2.7%. Economists had expected a more modest uptick. The Commerce Department now thinks that consumer spending rose 1.6% in the quarter compared to the previous estimate of 1.4%. GDP also looked better than previous thought due to lower levels of exports, mainly due to lower oil prices... Read More

Foreign Equities (21-Dec-2012 / Close)CloseChange% Change
Dow Jones (US)13312600.45
S&P 500144480.55
NASDAQ305060.20
FTSE 100 Index5958-3-0.05
DAX 30767240.05
CAC 40366720.06
Nikkei 225 (Japan)10039-121-1.19
HKSE22660360.16
SSE Composite Index216860.28
BSE Sensitive19454-22-0.11
NZ 504075521.30

Commodities (21-Dec-2012 / Close)CloseChange% Change
Aluminium2026-22-1.09
Copper7743-154-1.96
Nickel17502-173-0.98
Gold1648-21-1.28
Silver29.91.13.72
Oil - West Texas crude90.01.61.79
Lead2305-14-0.63
Zinc2037-17-0.82

Currency (21-Dec-2012 / Close)CloseChange% Change
$A vs $US1.0483-0.0009-0.09
$A vs GBP0.64400.00040.06
$A vs YEN88.47-0.25-0.28
$A vs EUR0.79160.00100.13
$A vs $NZ1.2563-0.0026-0.21
$US vs Euro0.75510.00160.21
$US vs UK0.61430.00100.16
$US vs CHF0.91150.00210.23

Research Updates (7)

Special Reports (0)
There were no special reports published on the previous business day.

Funds (3)
Colonial First State FirstChoice Asian Share (15001) Neutral
Colonial First State FirstChoice Emerging Markets (16844) Neutral
Perennial Value Smaller Companies (8628) Silver

Shares (4)
APN (APN) Reduce
Dexus Property (DXS) Hold
FKP (FKP) Accumulate
Orica (ORI) 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

 

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