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

 


Morningstar Morning Research Update Wednesday, Feb 6, 2013


06-Feb-2013

Overseas Market Report
Stocks recovered from the sell-off and were higher as fears about the eurozone faded following strong stock performance on European markets. The Markit eurozone purchasing-managers' index for January offered some optimism with a reading of 48.6, still in contraction territory, but better than the preliminary estimate and the smallest drop in 10 months.

Stateside, the Institute for Supply Management's PMI for January fell to 55.2 compared with December's downward revision of 55.7. Still, the index points to US business activity as still expanding, and last month's reading was slightly ahead of expectations. .. Read More

Foreign Equities (06-Feb-2013 / Close)CloseChange% Change
/Dow Jones (US)13979990.71
/S&P 5001511161.04
/NASDAQ3172401.29
/FTSE 100 Index6283360.57
/DAX 307665260.35
/CAC 403695350.95
/Nikkei 225 (Japan)11047-213-1.90
/HKSE23149-536-2.27
/SSE Composite Index243350.21
/BSE Sensitive19660-91-0.46
/NZ 504212-34-0.81

Commodities (06-Feb-2013 / Close)CloseChange% Change
/Aluminium2073-1-0.04
/Copper8232-35-0.42
/Nickel18636-26-0.14
/Gold1672-5-0.28
/Silver31.8-0.0-0.11
/Oil - West Texas crude96.2-1.6-1.67
/Lead244890.37
/Zinc2150-11-0.51

Currency (06-Feb-2013 / Close)CloseChange% Change
/$A vs $US1.03950.00440.42
/$A vs GBP0.6640-0.0016-0.24
/$A vs YEN97.24-1.04-1.07
/$A vs EUR0.76560.00700.91
/$A vs $NZ1.23010.00830.67
/$US vs Euro0.73660.00360.48
/$US vs UK0.6388-0.0042-0.66
/$US vs CHF0.90850.00040.04

Research Updates (13)

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

Funds (1)
/Goldman Sachs Wellington International Shares (4546) Bronze

Shares (12)
/Challenger Diversified Property (CDI) Hold
/Cochlear (COH) Reduce
/Computershare (CPU) Hold
/Charter Hall Retail (CQR) /Hold
/Macquarie Group (MQG) Hold
/Navitas (NVT) /Reduce
/Reckon (RKN) Hold
/Shopping Centres Australasia Property (SCP) /Hold
/Sandfire Resources (SFR) /Hold
/Transurban Group (TCL) /Reduce
/Wesfarmers (WES) Hold
/Woolworths (WOW) 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

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

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>>

Women's Affairs: Government Accepts Recommendations On Pay Equity

The Government will update the Equal Pay Act and amend the Employment Relations Act to implement recommendations of the Joint Working Group on Pay Equity. More>>

ALSO:

Immigration: Increase In Seasonal Workers For RSE

The current cap will be increased by 1,000 from 9,500 to 10,500 RSE workers for the 2016-17 season. Mr Woodhouse says the horticulture and viticulture industry is New Zealand’s fourth largest export industry, producing almost $5 billion in exports. More>>

ALSO:

Hurunui: Crown Irrigation Invests Up To $3.4m In North Canterbury

Crown Irrigation Investments will invest up to $3.4m in the Hurunui Water Project, an irrigation scheme that will be capable of irrigating up to 21,000 hectares on the south side of the Hurunui River in North Canterbury. More>>

ALSO:

Not So Great:Butterfly Eradication Success

The invasive pest great white butterfly has been eradicated from New Zealand in a world-first achievement, Primary Industries Minister Nathan Guy and Conservation Minister Maggie Barry say. More>>

Gordon Campbell: On The Government’s Tax Cuts Fixation

Long before the earthquake hit, the dodginess of the government tax cuts programnme was evident in the language of its packaging. It is being touted as a “tax cuts and family care” package... More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news