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

 


Morningstar Morning Research Update Thur, Feb 21, 2013


21-Feb-2013

Overseas Market Report

Stocks closed lower as the Fed indicated that they would be willing to slow down the asset buying program sooner than expected.

US housing starts dropped by 8.5% last month, worse than expected and countering a double-digit gain in December, as multifamily construction projects, such as apartment complexes, fell by 26.1%. That said, single-family housing starts improved by 0.8% to their best adjusted rate since 2008, and new building permits also rose to their best rate since 2008. .. Read More

Foreign Equities (21-Feb-2013 / Close)CloseChange% Change
/Dow Jones (US)13928-108-0.77
/S&P 5001512-19-1.24
/NASDAQ3164-49-1.53
/FTSE 100 Index6395160.26
/DAX 307729-24-0.30
/CAC 403710-26-0.69
/Nikkei 225 (Japan)11468960.84
/HKSE233071640.71
/SSE Composite Index2397140.60
/BSE Sensitive1964370.04
/NZ 504214300.71

Commodities (21-Feb-2013 / Close)CloseChange% Change
/Aluminium2061-8-0.40
/Copper7926-90-1.13
/Nickel17104-218-1.26
/Gold1564-27-1.72
/Silver28.50.93.34
/Oil - West Texas crude97.10.70.73
/Lead2328-25-1.08
/Zinc2108-22-1.06

Currency (21-Feb-2013 / Close)CloseChange% Change
/$A vs $US1.02460.01000.98
/$A vs GBP0.6720-0.0014-0.21
/$A vs YEN95.891.051.10
/$A vs EUR0.77160.00090.11
/$A vs $NZ1.2274-0.0054-0.44
/$US vs Euro0.7531-0.0066-0.88
/$US vs UK0.6560-0.0078-1.19
/$US vs CHF0.9273-0.0051-0.55


Research Updates (20)

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

Funds (2)
/Advance Multi-Blend International Shares (4863) Neutral
/BT AQR International Shares (2951) Bronze

Shares (18)
/APA Group (APA) Hold
/Arrium (ARI) Sell
/ARB Corp (ARP) Reduce
/Aurizon Holdings (AZJ) /Hold
/BHP Billiton (BHP) Accumulate
/Fletcher Building (FBU) Reduce
/Fletcher Building (FBU-NZ) Reduce
/GWA Group (GWA) Reduce
/IRESS (IRE) Reduce
/News Corp (NWS) /Hold
/Precinct Properties New Zealand (PCT-NZ) Hold
/SEEK (SEK) Reduce
/SMS Management and Tech (SMX) Accumulate
/Suncorp Group (SUN) Hold
/Seven West Media (SWM) Hold
/Trade Me Group (TME-NZ) /Hold
/Toll Holdings (TOL) Hold
/Reject Shop (TRS) Reduce

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

 

Gordon Campbell: On Tiwai Point (And Saying “No” In Greece)

Its hard to see how Rio Tinto’s one month delay in announcing its intentions about the Tiwai Point aluminium smelter is a good sign for (a) the jobs of the workers affected or (b) for the New Zealand taxpayer. More>>

ALSO:


Half Empty: Dairy Product Prices Extend Slide To Six-Year Low

Dairy product prices continued their slide, paced by whole milk power, in the latest GlobalDairyTrade auction, weakening to the lowest level in six years. More>>

ALSO:

Copper Broadband: Regulator Set To Keep Chorus Pricing Largely Unchanged

The Commerce Commission looks likely to settle on a price close to its original decision on what telecommunications network operator Chorus can charge its customers, though it probably won’t backdate any update. More>>

ALSO:

Lower Levy For Safer Cars: ACC Backtracks On Safety Assessments

Dog and Lemon: “The ACC has based the entire levy system on a set of badly flawed data from Monash University. This Monash data is riddled with errors and false assumptions; that’s the real reason for the multiple mistakes in setting ACC levies.” More>>

ALSO:

Fast Track: TPP Negotiations Set To Accelerate, Groser Says

Negotiations for the Trans-Pacific Partnership will accelerate in July, with New Zealand officials working to stitch up a deal by the month's end, according to Trade Minister Tim Groser. More>>

ALSO:

Floods: Initial Assessment Of Economic Impact

Authorities around the region have compiled an initial impact assessment for the Ministry of Civil Defence, putting the estimated cost of flood recovery at around $120 million... this early estimate includes social, built, and economic costs to business, but doesn’t include costs to the rural sector. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news