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

 


Morningstar Morning Research Update Friday, Feb 22, 2013

22-Feb-2013

Overseas Market Report

Stocks fell after disappointing data in the US and Europe.

The closely watched eurozone composite purchasing managers index (PMI) fell to a preliminary reading of 47.3 in February from 48.6 in January according to Markit. Economists had expected a much more modest decline. The reading implies that the economic slowdown in the eurozone is continuing unabated and that GDP is likely to shrink again in the first-quarter... Read More

Foreign Equities (22-Feb-2013 / Close)CloseChange% Change
/Dow Jones (US)13881-47-0.34
/S&P 5001502-33-1.04
/NASDAQ3131-33-1.04
/FTSE 100 Index6292-104-1.62
/DAX 307584-145-1.88
/CAC 403625-85-2.29
/Nikkei 225 (Japan)11309-159-1.39
/HKSE22907-401-1.72
/SSE Composite Index2326-71-2.97
/BSE Sensitive19325-317-1.62
/NZ 504170-44-1.04

Commodities (22-Feb-2013 / Close)CloseChange% Change
/Aluminium2034-26-1.29
/Copper7832-93-1.18
/Nickel16571-533-3.12
/Gold157670.43
/Silver28.70.00.10
/Oil - West Texas crude95.2-1.9-1.94
/Lead2308-20-0.87
/Zinc2089-19-0.91

Currency (22-Feb-2013 / Close)CloseChange% Change
/$A vs $US1.02450.00010.01
/$A vs GBP0.67140.00140.21
/$A vs YEN95.370.590.62
/$A vs EUR0.7766-0.0048-0.62
$A vs $NZ1.2274----
/$US vs Euro0.7582-0.0048-0.63
/$US vs UK0.65540.00120.18
/$US vs CHF0.9312-0.0033-0.35

Research Updates (44)

Special Reports (1)
/Australian Economic Update - February 2013

Funds (2)
/Colonial First State Global Share (4672) Neutral
/Generation Global Shares (15813) Bronze

Shares (41)
/Ardent Leisure (AAD) Hold
/Adelaide Brighton (ABC) Hold
/Amalgamated Holdings (AHD) Hold
/Auckland Airport (AIA) Hold
/Auckland Airport (AIA-NZ) Hold
/Aust. Infrastructure (AIX) Hold
/AMP Limited (AMP) Accumulate
/APN (APN) Avoid
/ASX (ASX) Reduce
/Alumina (AWC) Buy
/Brambles (BXB) Reduce
/Cabcharge (CAB) /Reduce
/CFS Retail Property Trust (CFX) Hold
/Commonwealth Property (CPA) Hold
/Echo Entertainment Group (EGP) Hold
/Emeco Holdings (EHL) Hold
/Envestra (ENV) Reduce
/Fortescue Metals (FMG) Sell
/Fisher & Paykel Hlth (FPH) Hold
/Fisher & Paykel Healthcare (FPH-NZ) Hold
/Fairfax Media (FXJ) Hold
/Goodman Gp (GMG) Hold
/Insurance Aust. Grp. (IAG) Reduce
/iiNET (IIN) Hold
/Iluka Resources (ILU) /Accumulate
/InvoCare (IVC) Reduce
/Mount Gibson Iron (MGX) Hold
/Mermaid Marine Australia (MRM) Reduce
/Nuplex Industries (NPX) Hold
/Nuplex Industries (NPX-NZ) Hold
/NRW Holdings (NWH) Hold
/News Corp (NWS) /Reduce
/PanAust (PNA) Hold
/Port of Tauranga (POT-NZ) Reduce
/Qantas Airways (QAN) Hold
/Super Retail Group (SUL) Reduce
/Treasury Group (TRG) Hold
/Trust Company (TRU) /Hold
/Tatts Group (TTS) Reduce
/Wesfarmers (WES) /Hold
/Woodside Petroleum (WPL) Buy

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

 

What Winter? Temperature Records Set For June 20-22

The days around the winter soltice produced a number of notably warm tempertaures. More>>

Conservation Deal: New Kākāpō Recovery Partnership Welcomed

Conservation Minister Maggie Barry says the new kakapo recovery partnership between DOC and Meridian Energy is great news for efforts to save one of New Zealand’s most beloved birds. More>>

ALSO:

Tech Sector Report: Joyce Warns Asian Tech Investors View NZ As Hobbits And Food

Speaking in Wellington at the launch of a report showcasing the value of the technology sector to the New Zealand economy, Joyce said more had to be done to tell the country's technology stories overseas. More>>

ALSO:

Mediaglommeration: APN Gets OIO Approval For Demerger Plan

APN News & Media has received Overseas Investment Office approval for its plan to split out its NZME unit ahead of a potential merger with rival Fairfax Media's New Zealand operations. More>>

New Paper: Ninety-Day Trial Period Has No Impact On Firms' Hiring

The introduction of a 90-day trial period has had no impact on hiring by New Zealand companies although they are now in widespread use, according to researchers at Motu Economic and Public Policy Research. More>>

ALSO:

Corrections: Serco Exits Equity Stake, Remains As Operator

Serco has sold its equity stake in the company that holds the contract to design, build and run Wiri Prison in South Auckland but continues as sub-contractor to operate the facility. More>>

GDP: NZ Economy Grows Faster-Than-Forecast 0.7%

New Zealand's economy grew at a faster pace than expected in the first quarter of 2016 as construction expanded at the quickest rate in two years. The kiwi dollar jumped after the data was released. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news