Morningstar Afternoon Research Update Thursday, 17 Jan 2013

Friday, 18 January 2013, 9:38 am
Press Release: Morningstar

17-Jan-2013

Special Announcements
There were no Announcements for today.

Research Updates (12)

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

	Funds (4)
/	Antares Australian Equities (4522)	Silver
/	Antares Elite Opportunities Australian Shares (9391)	Silver
/	Antares High Growth Australian Shares (5851)	Bronze
/	Franklin Global Growth (16740)	Silver

	Shares (8)
/	Aquila Resources (AQA)	/	Sell
/	Blackmores (BKL)		Reduce
/	Fairfax Media (FXJ)	/	Reduce
/	Harvey Norman (HVN)	/	Reduce
/	Iluka Resources (ILU)	/	Hold
/	SEEK (SEK)	/	Reduce
/	Suncorp Group (SUN)	/	Reduce
/	Reject Shop (TRS)	/	Reduce

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

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

Australian Market Report
Thursday 17 - Local markets surged to 20 month highs despite data indicating a rise in the jobless rate and a sharp fall in iron ore prices. Among the sectors, information technology, consumer staples and consumer discretionary performed well whereas materials and utilities both slipped.

The All Ordinaries gained 14.70 points (0.31%) to 4,779.70 while the S&P/ASX 200 gained 18.20 points (0.38%) to 4,756.60... Read More

	Australian Equities (17-Jan-2013 / Close)	Close	Change	% Change
/	All Ordinaries	4780	15	0.31
/	S&P/ASX 200	4757	18	0.38
/	10-year Bond Rate	3.27	-0.07	-2.10
/	90 Day Bank Accepted Bills SFE-Day	2.86	-0.04	-1.38

/	3-yr Bond Rate	2.69	-0.07	-2.54

	Currency (17-Jan-2013 / Close)	Close	Change	% Change
/	$A vs $US	1.0506	--	0.46
/	$A vs GBP	0.6566	--	0.47
/	$A vs YEN	93.20	0.38	0.41
/	$A vs EUR	0.7910	--	0.42
/	$A vs $NZ	1.2521	0.0100	0.40

ENDS

Business Headlines | Sci-Tech Headlines

BUSINESS, SCIENCE & TECH > >

Minding Of Meats: MPI Working To Clear Shipments To China

New export certificates are being issued to release containers of meat products held up at the Chinese border, the Ministry for Primary Industries said today. Shipments of meat into China were delayed after MPI issued export certification in a format which had not been approved by Chinese authorities at AQSIQ. More>>

ALSO:

NZ Govt - Resolution of New Zealand meat exports to China - Update On Meat Shipments - Update on meat consignment
Labour - Money traders before meat traders - Government
Labour - Mixed meat messages raise alarm bells
Hamish Cardwell - PM Post-Cabinet Press Conference - 20 May 2013
Image via Lawrence and Gibson - “Survival Of The Friendliest” Serves Publishers Well

Banking Ombudsman: Bank Customers Need To Remember Basics

Have you heard the story about the kids who used their mum’s credit card details to buy up large online? Or the one about the person who saved all their PINs disguised as phone numbers on their mobile which was then stolen by a thief who saw through the disguise and went on a spending spree?More>>

TPP: A Global Fair Deal On Copyright - OurFairDeal.org

Alastair Thompson: The orginal "A Fair Deal" campaign brought together Internet NZ with a bunch of other groups including the Royal New Zealand Foundation for the Blind, the Creative Freedom Foundation , NZ Rise , Trademe and Kiwiblog's David Farrar. OurFairDeal.org takes the NZ based campaigns a giant leap forward bringing together 84 lobby groups from across the Asia Pacific in 6 countries into a global alliance. More>>

ALSO:

InternetNZ - NZ-born Fair Deal Coalition Gets Global Makeover
Out-Link - Home | Our Fair Deal
Connie Lawn with Charles Sneiderman - US-New Zealand Council Pacific Partnership Forum - Photos
Fonterra Co-operative Group Ltd - TPP Has the Potential to Revitalise Japanese Agriculture
NZ International Business Forum - Business Leaders Across Asia Pacific Call for TPP

Business.Scoop: NZOG's Griffiths Backs Director Liability On Health, Safety

New Zealand Oil & Gas chairman Peter Griffiths has thrown his support behind legislative moves to make directors liable if the companies they govern fail to meet health and safety obligations. More>>

ALSO:

NZ Govt - Health and safety guidelines for directors launched

Scoop Business: NZ’s Services Sector Expands At Fastest Clip In 5 Mths

New Zealand’s services sector, which accounts for about 70 percent of economic activity, expanded at the fastest pace since October last month, led by activity/sales. More>>

ALSO:

BusinessNZ - Golden Weather Continues

Scoop Business: MRP Senior Managers In Line For $1.2M In Bonus Shares

Senior executives of newly listed, state-controlled MightyRiverPower are in line for shares in lieu of cash bonuses worth $1.2 million for the year to June 30, one of the company’s first disclosures to the NZX and ASX as a listed company show. More>>

ALSO:

Mighty River Power - IPO signals next phase in evolution of Mighty River Power
Scoop Business - 20/5 MightyRiverPower shares dip below $2.50 offer price

Scoop Business: NZ Houses Overvalued By 25%, IMF Says

New Zealand housing is already overvalued by about 25 percent and if it continues to rise may force the Reserve Bank to hike interest rates, according to the International Monetary Fund. More>>