Morningstar Morning Research Update Wednesday, Jan 30, 2013

Wednesday, 30 January 2013, 11:20 am
Press Release: Morningstar

30-Jan-2013

Overseas Market Report

Stocks shook off early losses and the Dow headed toward a five-year high after positive Pfizer earnings offset sluggish consumer-confidence data.

The Dow Jones Industrial Average finished up 72.49 points, or 0.52%, to 13,954.42 on Tuesday. The Standard & Poor's 500-stock index rose 7.66 points, or 0.51%, to 1,507.84 and the Nasdaq Composite Index fell 0.64 points, or 0.02%, to 3,153.66... Read More

	Foreign Equities (30-Jan-2013 / Close)	Close	Change	% Change
/	Dow Jones (US)	13954	72	0.52
/	S&P 500	1508	8	0.51
/	NASDAQ	3154	-1	-0.02
/	FTSE 100 Index	6339	45	0.71
/	DAX 30	7849	16	0.20
/	CAC 40	3786	5	0.13
/	Nikkei 225 (Japan)	10867	42	0.39
/	HKSE	23655	-17	-0.07
/	SSE Composite Index	2359	12	0.53
/	BSE Sensitive	19991	-112	-0.56
/	NZ 50	4200	-4	-0.09

	Commodities (30-Jan-2013 / Close)	Close	Change	% Change
/	Aluminium	2022	9	0.46
/	Copper	8069	53	0.66
/	Nickel	17794	226	1.28
/	Gold	1663	1	0.04
/	Silver	31.4	-0.4	-1.43
	Oil - West Texas crude	96.4	--	--
/	Lead	2393	28	1.16
/	Zinc	2073	12	0.57

	Currency (30-Jan-2013 / Close)	Close	Change	% Change
/	$A vs $US	1.0463	--	-0.40
/	$A vs GBP	0.6638	--	0.02
/	$A vs YEN	94.91	-0.68	-0.72
/	$A vs EUR	0.7753	--	-0.06
/	$A vs $NZ	1.2481	--	0.05
/	$US vs Euro	0.7411	--	0.34
/	$US vs UK	0.6344	--	0.41
/	$US vs CHF	0.9216	--	0.49

Research Updates (7)

	Special Reports (1)
/	Economic Briefing - January 2013

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

	Shares (6)
/	Carsales.com (CRZ)	/	Sell
/	Henderson Group (HGG)		Accumulate
/	Kingsgate Consol. (KCN)		Accumulate
/	Mermaid Marine Australia (MRM)	/	Reduce
/	Myer Holdings (MYR)	/	Reduce
/	PanAust (PNA)		Hold

	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

Business Headlines | Sci-Tech Headlines

BUSINESS, SCIENCE & TECH > >

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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>>

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Scoop Business - NZ meat cleared to move from across Chinese wharves
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Hamish Cardwell - PM Post-Cabinet Press Conference - 20 May 2013
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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>>

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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>>

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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>>

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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>>