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

 


Morningstar Afternoon Research Update Tuesday, Jan 29, 2013


29-Jan-2013

Special Announcements
There were no Announcements for today

Research Updates (5)

Special Reports (1)
/Economic Briefing - January 2013

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

Shares (4)
/Henderson Group (HGG) Accumulate
/Kingsgate Consol. (KCN) Accumulate
/Mermaid Marine Australia (MRM) /Reduce
/PanAust (PNA) Hold

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

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

Australian Market Report
Tuesday 29 January - Local markets have risen sharply, clutching at the heels of the 4,900 - 5,000 mark. The gains were borne from a strong run from the financials. Amazingly, the sector still managed to be one of the strongest performers despite news of the Queensland floods which sent the insurance companies tumbling down. QBE lost 2.67% and Suncorp fell 1.92%. Other notable winners were consumer discretionary and staples.

The All Ordinaries rose 51.90 points (1.07%) to 4,910.80 while the S&P/ASX 200 rose 53.80 points (1.11%) to 4,889.00... Read More

Australian Equities (29-Jan-2013 / Close) CloseChange% Change
/All Ordinaries4911521.07
/S&P/ASX 2004889541.11
/10-year Bond Rate3.470.092.51
/90 Day Bank Accepted Bills SFE-Day2.900.010.35
/3-yr Bond Rate2.870.082.87

Currency (29-Jan-2013 / Close) CloseChange% Change
/$A vs $US1.0442-0.0021-0.20
/$A vs GBP0.6649-0.0010-0.15
/$A vs YEN94.75-0.52-0.55
/$A vs EUR0.7765-0.0017-0.22
/$A vs $NZ1.24830.00040.03

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Tourism: China Southern Airlines To Fly To Christchurch

China Southern Airlines, in partnership with Christchurch Airport and the South Island tourism industry, has announced today it will begin flying directly between Guangzhou, Mainland China and the South Island. More>>

ALSO:

Dodgy: Truck Shops Come Under Scrutiny

Mobile traders, or truck shops, target poorer communities, particularly in Auckland, with non-compliant contracts, steep prices and often lower-quality goods than can be bought at ordinary shops, a Commerce Commission investigation has found. More>>

ALSO:

Auckland Transport: Government, Council Agree On Funding Approach

The government and Auckland Council have reached a detente over transport funding, establishing a one-year, collaborative timetable for decisions on funding for the city's transport infrastructure growth in the next 30 years after the government refused to fund the $2 billion of short and medium-term plans outlined in Auckland's draft Unitary Plan. More>>

ALSO:

Bullish On China Shock: Slumping Equities, Commodities May Continue, But Not A GFC

The biggest selloff in stock markets in at least four years, slumping commodity prices and a surge in Wall Street's fear gauge don't mean the world economy is heading for another global financial crisis, fund managers say. More>>

ALSO:

Real Estate: Investors Driving Up Auckland Housing Risk - RBNZ

The growing presence of investors in Auckland's property market is increasing the risks, and is likely to both amplify the housing cycle and worsen the potential damage from a downturn both to the financial system and the broader economy, said Reserve Bank deputy governor Grant Spencer. More>>

ALSO:

Annual Record: Overseas Visitors Hit 3 Million Milestone

Visitor arrivals to New Zealand surpassed 3 million for the first time in the July 2015 year, Statistics New Zealand said today. The record-breaking 3,002,982 visitors this year was 7 percent higher than the July 2014 year. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news