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Morningstar Morning Research Update Tuesday, Feb 12, 2013

Tuesday, 12 February 2013, 11:27 am
Press Release: Morningstar

12-Feb-2013

Overseas Market Report

Stocks were mostly lower on light news volume as most major markets in Asia were closed and the Northeast digs out of this weekend's winter storm.

Separately, the G-7 could issue a statement prior to next weekend's G-20 summit to ease fears of a possible currency war and to show that the seven nations remain committed to market-determined exchange rates. .. Read More

	Foreign Equities (12-Feb-2013 / Close)	Close	Change	% Change
/	Dow Jones (US)	13971	-22	-0.16
/	S&P 500	1517	-1	-0.06
/	NASDAQ	3192	-2	-0.06
/	FTSE 100 Index	6277	13	0.21
/	DAX 30	7634	-18	-0.24
/	CAC 40	3651	1	0.03
/	Nikkei 225 (Japan)	11153	-204	-1.80
/	HKSE	23215	38	0.16
/	SSE Composite Index	2432	14	0.57
/	BSE Sensitive	19461	-24	-0.12
/	NZ 50	4221	-5	-0.12

	Commodities (12-Feb-2013 / Close)	Close	Change	% Change
/	Aluminium	2063	-17	-0.83
/	Copper	8165	-94	-1.14
/	Nickel	18095	-156	-0.85
/	Gold	1650	-9	-0.54
/	Silver	31.0	0.4	1.36
/	Oil - West Texas crude	95.7	0.0	0.02
/	Lead	2376	-33	-1.36
/	Zinc	2167	-14	-0.66

	Currency (12-Feb-2013 / Close)	Close	Change	% Change
/	$A vs $US	1.0272	0.0046	0.45
/	$A vs GBP	0.6556	-0.0026	-0.40
/	$A vs YEN	96.49	-1.00	-1.04
/	$A vs EUR	0.7665	0.0055	0.72
/	$A vs $NZ	1.2281	0.0066	0.54
/	$US vs Euro	0.7462	0.0019	0.25
/	$US vs UK	0.6383	-0.0054	-0.85
/	$US vs CHF	0.9184	-0.0011	-0.12

Research Updates (6)

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

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

	Shares (6)
/	Aquarius Platinum (AQP)	/	Reduce
/	DWS (DWS)	/	Hold
/	Fleetwood Corp. (FWD)		Hold
/	JB Hi-Fi (JBH)	/	Reduce
/	Mesoblast (MSB)		Accumulate
/	REA Group (REA)	/	Sell

	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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Scoop Business: Fidelity Acquires Most Of Tower’s Life Business For Net $70M

Fidelity Life Assurance has acquired most of Towers life insurance business for a net amount of about $70 million, propelling the closely held company to the third-largest in the market. More>>

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Fidelity Life - Fidelity Life becomes NZ’s third largest life insurer
Tower - TOWER Life business sold to Fidelity

The Friendly Skies: Air NZ Pressures Regulator To Drop ‘Untenable’ Cartel Case

Air New Zealand, the national carrier slated for a partial sell-down by the government, has ramped up pressure on the Commerce Commission to drop its long-running pursuit of the airline’s alleged involvement in a global cartel on air cargo surcharges. More>>

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Air NZ - Air New Zealand seeks court declaration - Cargo case: key witness retracts evidence

Scoop Business: NZ Jobless Rate Falls To 6.2% On Record Employment Jump

New Zealand’s jobless rate fell to a three-year low in the first three month of the year as the employment rate grew for the first time in four quarters, fuelled by demand for workers in Canterbury. More>>

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Statistics NZ - Labour Market Showing Signs of Improvement
NZ Govt - HLFS shows encouraging job growth - Budget 2013: Expansion of Māori and Pasifika trades training
Labour - Disaster recovery is not a plan for jobs - Unemployed Kiwi youth rate no cause for celebration - Pacific unemployment far too high
Greens - Key fails to keep jobs promise
CTU - Aim should be jobs for all
BusinessNZ - Cautious optimism in employment data

New SOP: No Patents For Computer Software

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