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


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
FTSE 100 Index6099450.74
DAX 307720250.32
CAC 403717120.31
Nikkei 225 (Japan)10579710.67
SSE Composite Index2275-1-0.03
BSE Sensitive19667-76-0.38
NZ 504104130.32

Commodities (10-Jan-2013 / Close)CloseChange% Change
Oil - West Texas crude93.2-0.1-0.05

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.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Banks: Westpac Keeps Core Government Transactions Contract

The local arm of Westpac Banking Corp has kept its contract with the New Zealand government to provide core transactions, but will have to share peripheral services with its rivals. More>>


Science Investment Plan: Universities Welcome Statement

Universities New Zealand has welcomed the National Statement of Science Investment released by the Government today... this is a critical document as it sets out the Government’s ten-year strategic direction that will guide future investment in New Zealand’s science system. More>>


Scouring: Cavalier Merger Would Extract 'Monopoly Rents' - Godfrey Hirst

A merger of Cavalier Wool Holdings and New Zealand Wool Services International's two wool scouring operations would create a monopoly, says carpet maker Godfrey Hirst. The Commerce Commission on Friday released its second draft determination on the merger, maintaining its view that the public benefits would outweigh the loss of competition. More>>


Scoop Review Of Books: She Means Business

As Foreman says in her conclusion, this is a business book. It opens with a brief biographical section followed by a collection of interesting tips for entrepreneurs... More>>


Hourly Wage Gap Grows: Gender Pay Gap Still Fixed At Fourteen Percent

“The totally unchanged pay gap is a slap in the face for women, families and the economy,” says Coalition spokesperson, Angela McLeod. Even worse, Māori and Pacific women face an outrageous pay gap of 28% and 33% when compared with the pay packets of Pākehā men. More>>


Housing: English On Housing Affordability And The Economy

"Long lead times in the planning process tend to drive prices higher in the upswing of the housing cycle. And those lead times increase the risk that eight years later, when additional supply arrives, the demand shock that spurred the additional supply has reversed. The resulting excess supply could produce a price crash..." More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news