Morningstar Morning Research Update Thur, Feb 21, 2013

Thursday, 21 February 2013, 12:18 pm
Press Release: Morningstar

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)	Close	Change	% Change
/	Dow Jones (US)	13928	-108	-0.77
/	S&P 500	1512	-19	-1.24
/	NASDAQ	3164	-49	-1.53
/	FTSE 100 Index	6395	16	0.26
/	DAX 30	7729	-24	-0.30
/	CAC 40	3710	-26	-0.69
/	Nikkei 225 (Japan)	11468	96	0.84
/	HKSE	23307	164	0.71
/	SSE Composite Index	2397	14	0.60
/	BSE Sensitive	19643	7	0.04
/	NZ 50	4214	30	0.71

	Commodities (21-Feb-2013 / Close)	Close	Change	% Change
/	Aluminium	2061	-8	-0.40
/	Copper	7926	-90	-1.13
/	Nickel	17104	-218	-1.26
/	Gold	1564	-27	-1.72
/	Silver	28.5	0.9	3.34
/	Oil - West Texas crude	97.1	0.7	0.73
/	Lead	2328	-25	-1.08
/	Zinc	2108	-22	-1.06

	Currency (21-Feb-2013 / Close)	Close	Change	% Change
/	$A vs $US	1.0246	0.0100	0.98
/	$A vs GBP	0.6720	-0.0014	-0.21
/	$A vs YEN	95.89	1.05	1.10
/	$A vs EUR	0.7716	0.0009	0.11
/	$A vs $NZ	1.2274	-0.0054	-0.44
/	$US vs Euro	0.7531	-0.0066	-0.88
/	$US vs UK	0.6560	-0.0078	-1.19
/	$US vs CHF	0.9273	-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

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