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

 

Must Sell 20 Petrol Stations: Z Cleared To Buy Caltex Assets

Z Energy is allowed to buy the Caltex and Challenge! petrol station chains but must sell 19 of its retail sites and one truck-stop, the Commerce Commission has ruled in a split decision that acknowledges possible retail price coordination between fuel retailers occurs in some regions. More>>

ALSO:

Huntly: Genesis Extends Life Of Coal-Fuelled Power Station To 2022

Genesis Energy will keep its two coal and gas-fired units at Huntly Power Station operating until 2022, having previously said they'd be closed by 2018, after wringing a high price from other electricity generators who wanted to keep them as back-up. More>>

ALSO:

Dammed If You Do: Ruataniwha Irrigation Scheme Hits Farmer Uptake Targets

Enough Hawke's Bay farmers have signed up for water from the proposed Ruataniwha Water Storage Scheme for it to go ahead as long as a cornerstone institutional capital investor can be found to back it, its regional council promoter announced. More>>

ALSO:

Reserve Bank: OCR Stays At 2.25%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2.25 percent, in a decision traders had said could go either way, while predicting inflation will pick up as the slump in oil prices washes out of the data and capacity pressures start to build in the economy. More>>

ALSO:

Export Values Down: NZ Posts Biggest Annual Trade Deficit In 7 Years

New Zealand has recorded its biggest annual trade deficit since April 2009, reflecting weaker prices of agricultural commodities such as dairy products, beef and lamb, and increased imports of vehicles and machinery. More>>

ALSO:

Currency Events: NZ's New $5 Note Wins International Banknote Award

New Zealand’s new Brighter Money $5 note has been named Banknote of the Year in a prestigious international competition. The $5 note was awarded the IBNS Banknote of the Year title at the International Bank Note Society’s annual meeting. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news