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

 


Morningstar Morning Research Update Wednesday, Feb 20, 2013


20-Feb-2013

Overseas Market Report

Stocks were up after the holiday weekend as another large merger could be in the works, this time among office-supplies retailers OfficeMax and Office Depot, which could be a sign of even more merger and acquisition activity to come elsewhere.

The Dow Jones Industrial Average finished up 53.91 points, or 0.39%, to 14,035.67 on Tuesday. The Standard & Poor's 500-stock index rose 11.15 points, or 0.73%, to 1,530.94 and the Nasdaq Composite Index gained 21.56 points, or 0.68%, to 3,213.59... Read More

Foreign Equities (20-Feb-2013 / Close)CloseChange% Change
/Dow Jones (US)14036540.39
/S&P 5001531110.73
/NASDAQ3214220.68
/FTSE 100 Index6379610.96
/DAX 3077521241.62
/CAC 403736691.88
/Nikkei 225 (Japan)11372-36-0.31
/HKSE23144-238-1.02
/SSE Composite Index2383-39-1.60
/BSE Sensitive196361350.69
/NZ 504244300.70

Commodities (20-Feb-2013 / Close)CloseChange% Change
/Aluminium2069-8-0.39
/Copper8016-69-0.86
/Nickel17322-467-2.63
/Gold1605-8-0.50
/Silver29.40.62.20
/Oil - West Texas crude96.40.00.01
/Lead2354-17-0.73
/Zinc213020.11

Currency (20-Feb-2013 / Close)CloseChange% Change
/$A vs $US1.0350-0.0035-0.34
/$A vs GBP0.6707-0.0043-0.64
/$A vs YEN96.81-0.26-0.27
/$A vs EUR0.7729-0.0001-0.01
/$A vs $NZ1.2222-0.0029-0.24
/$US vs Euro0.74680.00230.31
/$US vs UK0.6481-0.0020-0.31
/$US vs CHF0.92230.00080.09

Research Updates (19)

Special Reports (1)
/Hybrids Special Reports: NAB Convertible Preference Shares (NABPA)

Funds (2)
/Vanguard International Shares Index (4489) Bronze
/Vanguard International Small Companies Index (15897) Neutral

Shares (15)
/Asciano (AIO) /Reduce
/Coca-Cola Amatil (CCL) Hold
/Cardno (CDD) Reduce
/Challenger Diversified Property (CDI) /Reduce
/Contact Energy (CEN-NZ) Hold
/Caltex (CTX) /Hold
/Fleetwood Corp. (FWD) Hold
/InvoCare (IVC) /Reduce
/Monadelphous (MND) Reduce
/News Corp (NWS) /Reduce
/Precinct Properties New Zealand (PCT-NZ) /Hold
/Regional Express (REX) /Hold
/Sonic Healthcare (SHL) /Reduce
/Southern Cross Media (SXL) /Hold
/Transfield Services (TSE) Hold

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

Fixed Income (1)
/Tabcorp Bonds (TAHHA) /Accumulate

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Interest Rates: Wheeler Hikes OCR To 3% On Inflationary Pressures, Eyes Kiwi

Reserve Bank governor Graeme Wheeler lifted the official cash rate for the second time in as many months, saying non-tradable inflationary pressures were "becoming apparent" in an economy that’s picking up pace and he's watching the impact of a strong kiwi dollar on import prices. More>>

ALSO:

Scoop Business: Equity Crowd Funding Carries Risks, High Failure Rate

Equity crowd funding, which became legal in New Zealand this month, comes with a high risk of failure based on figures showing existing forays into social capital have a success rate of less than 50 percent, one new entrant says. More>>

ALSO:

Scoop Business: NZ Migration Rises To 11-Year High In March

The country gained a seasonally adjusted 3,800 net new migrants in March, the most since February 2003, said Statistics New Zealand. A net 400 people left for Australia in March, down from 600 in February, according to seasonally adjusted figures. More>>

ALSO:

Hugh Pavletich: New Zealand’s Bubble Economy Is Vulnerable

The recent Forbes e-edition article by Jesse Colombo assesses the New Zealand economy “ 12 Reasons Why New Zealand's Economic Bubble Will End In Disaster ”, seems to have created quite a stir, creating extensive media coverage in New Zealand. More>>

ALSO:

Thursday Market Close: Genesis Debut Sparks Energy Rally

New Zealand stock rose after shares in the partially privatised Genesis Energy soared as much as 18 percent in its debut listing on the NZX, buoying other listed energy companies in the process. Meridian Energy, MightyRiverPower, Contact Energy and TrustPower paced gains. More>>

ALSO:

Power Outages, Roads Close: Easter Storm Moving Down Country

The NZ Transport Agency says storm conditions at the start of the Easter break are making driving hazardous in Auckland and Northland and it advises people extreme care is needed on the regions’ state highways and roads... More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news