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

 


Morningstar Morning Research Update Wednesday, 23 Jan 2013


23-Jan-2013

Overseas Market Report

Stocks finished higher on the back of stronger US earnings.

Existing-home sales in the United States fell by 1%, seasonally adjusted, in December from November, countering the expected 2% increase in such sales. November sales also had a downward revision. Total sales for 2012 were 9.2% higher than in 2011, marking the best annual sales performance since 2007. However, the housing market still has room for improvement as the lending environment remains difficult and potential buyers and sellers remain cautious. .. Read More

Foreign Equities (23-Jan-2013 / Close)CloseChange% Change
/Dow Jones (US)13712620.46
/S&P 500149370.44
/NASDAQ314380.27
/FTSE 100 Index6179-2-0.03
/DAX 307696-53-0.68
/CAC 403741-22-0.59
/Nikkei 225 (Japan)10710-38-0.35
/HKSE23659680.29
/SSE Composite Index2315-13-0.56
/BSE Sensitive19982-120-0.60
/NZ 50418720.04

Commodities (23-Jan-2013 / Close)CloseChange% Change
/Aluminium2039351.72
/Copper8103760.94
/Nickel17313-26-0.15
/Gold169210.05
/Silver32.2-0.2-0.59
/Oil - West Texas crude96.00.00.04
/Lead2315190.81
/Zinc2036201.00

Currency (23-Jan-2013 / Close)CloseChange% Change
/$A vs $US1.0566-0.0052-0.49
/$A vs GBP0.6672-0.0034-0.51
/$A vs YEN93.760.480.51
/$A vs EUR0.7932-0.0033-0.42
/$A vs $NZ1.25630.00160.13
/$US vs Euro0.75080.00050.06
/$US vs UK0.6314---0.01
/$US vs CHF0.92890.00560.60


Research Updates (10)

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

Funds (3)
/GMO Global Equities (8874) Not Ratable
/Perpetual Australian Share (4361) Silver
/Perpetual Concentrated Equity (5893) Bronze

Shares (7)
/FKP (FKP) /Hold
/Gindalbie Metal (GBG) /Hold
/GUD Holdings (GUD) Hold
/OZ Minerals (OZL) Hold
/Stockland (SGP) Hold
/Transurban Group (TCL) /Hold
/Westpac (WBC) /Accumulate

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

 

Budget Policy Statement: Spending Wins Over Tax Cuts; Big Ticket Items Get Boost

Income tax cuts are on hold as the government says “responding to the earthquakes and reducing debt are currently of higher priority”, although election year tax sweeteners remain possible. More>>

ALSO:

Fishy: Is Whitebaiting Sustainable?

The whitebait fry - considered a delicacy by many - are the juveniles of five species of galaxiid, four of which are considered threatened or declining. The SMC asked freshwater experts for their views on the sustainability of the whitebait fishery and whether we're doing enough to monitor the five species of galaxiid that make up whitebait. More>>

ALSO:

Crown Accounts: Smaller-Than-Expected Four-Month Deficit

The New Zealand government's accounts recorded a smaller-than-forecast deficit in the first four months of the fiscal year on a higher-than-expected inflow of corporate and goods and services tax. More>>

ALSO:

On For Christmas: KiwiRail Ferries Back In Full Operation After Quake

KiwiRail’s Interislander ferries are back in full operation for the first time since the Kaikoura earthquake, with the railspan that allows rail wagons to be loaded on the Aratere now restored. More>>

ALSO:

Comerce Commission Investigation: Prosecutions Over Steel Mesh Labelling

Steel & Tube Holdings, along with two other companies, will be prosecuted by the Commerce Commission following the regulator's investigation into seismic steel mesh, while Fletcher Building's steel division has been given a warning. More>>

ALSO:

Wine: 20% Of Marlborough Storage Tanks Damaged By Quake

An estimated 20 percent of wine storage tanks in the Marlborough region, the country’s largest wine producing area, have been damaged by the impact of the recent Kaikoura earthquake. More>>

ALSO:

ACC: Levy Recommendations For 2017 – 2019 Period

• For car owners, a 13% reduction in the average Motor Vehicle levy • For businesses, a 10% reduction in the average Work levy, and changes to workplace safety incentive products • For employees, due to an increase in claims volumes and costs, a 3% increase in the Earners’ levy. More>>

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news