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

 


Morningstar Morning Research Update Thursday, Jan 10, 2013

10-Jan-2013

Overseas Market Report
After two days of losses, stocks finished up, as Alcoa’s earnings report, released on Tuesday, had investors optimistic of other upbeat quarterly reports in the coming weeks as well as broader economic improvement. Investors are also hopeful that EU officials will refrain from cutting key interest rates, a move which will be announced on Thursday morning following the European Central Bank's policy meeting.

Economic news flow remained slow, though several reports are due in the coming days... Read More

Foreign Equities (10-Jan-2013 / Close)CloseChange% Change
Dow Jones (US)13391620.46
S&P 500146140.27
NASDAQ3106140.45
FTSE 100 Index6099450.74
DAX 307720250.32
CAC 403717120.31
Nikkei 225 (Japan)10579710.67
HKSE232181070.46
SSE Composite Index2275-1-0.03
BSE Sensitive19667-76-0.38
NZ 504104130.32

Commodities (10-Jan-2013 / Close)CloseChange% Change
Aluminium204190.46
Copper804610.01
Nickel174892281.32
Gold1658-2-0.10
Silver30.30.10.33
Oil - West Texas crude93.2-0.1-0.05
Lead2299-12-0.53
Zinc1986-1-0.04

Currency (10-Jan-2013 / Close)CloseChange% Change
$A vs $US1.0516-0.0005-0.04
$A vs GBP0.6558-0.0014-0.21
$A vs YEN92.31-0.93-1.01
$A vs EUR0.8049-0.0015-0.19
$A vs $NZ1.25200.00280.22
$US vs Euro0.7654-0.0011-0.14
$US vs UK0.6238-0.0012-0.19
$US vs CHF0.9251-0.0013-0.14

Research Updates (5)

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

Funds (2)
Colonial First State Global Emerging Markets Select (17803) Gold
Goldman Sachs Australian Equities (4544) Silver

Shares (3)
AGL Energy (AGK) Hold
Incitec Pivot (IPL) Hold
Mermaid Marine Australia (MRM) Hold

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

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

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Gareth Morgan: The Government’s Fresh Water Policy – Revisited

Fresh water quality is the latest area to be in the sights of Gareth Morgan and his research organisation The Morgan Foundation... They found that the fresh water policy was a bit murkier than the Environment Minister let on. More>>

ALSO:

Interest Rates: RBNZ Hikes OCR To 3.5%, ‘Period Of Assessment’ Now Needed

Reserve Bank governor Graeme Wheeler raised the official cash rate as expected, while signalling a pause in rate hikes to assess the impact of moves so far this year. The kiwi dollar sank after Wheeler said its strength was “unjustified” and that the currency could have “a significant fall.” More>>

ALSO:

Fonterra: Canpac Site 'Resize' To Focus More On Paediatrics

Fonterra is looking at realigning its packing operations at Canpac, in the Waikato, to focus more on paediatric nutritionals... The proposed changes could mean around 110 roles may not be required at the site which currently employs 330. More>>

ALSO:

Scoop Business: Postie Plus Brand Gets 2nd Chance With Well-Funded Pepkor

The Postie Plus brand is getting a new lease of life after South Africa’s Pepkor bought the failed retailer’s assets out of administration and said it will use its purchasing power to reduce costs of stock and fatten margins. More>>

ALSO:

Warming: Warming Signs From State Of Climate Report

Climate data from air, land, sea and ice in 2013 'reflect trends of a warming planet' -- says the latest State of the Climate report, launched by U.S. and New Zealand scientists. More>>

ALSO:

Scoop Business: Embrace Falling Home Affordability, Says NZIER

Despair over the inability to afford a house is misplaced and should be embraced as an opportunity to invest in more wealth-creating activity, says the principal economist at the New Zealand Institute of Economic Research, Shamubeel Eaqub. More>>

Productivity Commission: NZ Regulation Not Keeping Pace

New Zealand regulators often have to work with out-of-date legislation, quality checks are under strain, and regulatory workers need better training and development. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus

Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news