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Morningstar Morning Research Update Friday, Nov 30, 2012

Friday, 30 November 2012, 11:17 am
Press Release: Morningstar

30-Nov-2012

Overseas Market Report

Stocks ended higher this morning after an upward revision in third-quarter GDP and continued hope for a fiscal cliff deal despite House Speaker John Boehner's comments that no "substantive progress" had been made.

The US economy grew by 2.7% in the third-quarter according to a new estimate form the Commerce Department, up from an initial reading of 2.0%. The revision was mostly driven by an increase in private inventories. After-tax corporate profits were up 5.2% from the previous quarter and up 18.6% year-over-year... Read More

	Foreign Equities (30-Nov-2012 / Close)	Close	Change	% Change
/	Dow Jones (US)	13022	37	0.28
/	S&P 500	1416	6	0.43
/	NASDAQ	3012	20	0.68
/	FTSE 100 Index	5870	67	1.15
/	DAX 30	7401	58	0.78
/	CAC 40	3569	54	1.53
/	Nikkei 225 (Japan)	9401	93	0.99
/	HKSE	21923	214	0.99
/	SSE Composite Index	1963	-10	-0.51
/	BSE Sensitive	19171	329	1.75
	NZ 50	4017	0	--

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	Commodities (30-Nov-2012 / Close)	Close	Change	% Change
/	Aluminium	2065	73	3.68
/	Copper	7885	138	1.78
/	Nickel	16949	19	0.11
/	Gold	1726	0	-0.02
/	Silver	34.2	-0.5	-1.44
/	Oil - West Texas crude	86.5	-0.7	-0.81
/	Lead	2223	37	1.68
/	Zinc	2013	45	2.29

	Currency (30-Nov-2012 / Close)	Close	Change	% Change
/	$A vs $US	1.0430	0.0042	0.40
/	$A vs GBP	0.6502	0.0036	0.55
/	$A vs YEN	85.61	0.43	0.51
/	$A vs EUR	0.8039	0.0046	0.57
/	$A vs $NZ	1.2672	0.0032	0.25
/	$US vs Euro	0.7707	0.0013	0.17
/	$US vs UK	0.6234	0.0010	0.15
/	$US vs CHF	0.9277	0.0014	0.15

Research Updates (21)

	Special Reports (1)
/	Gas threat to Australia?

	Funds (5)
/	Colonial First State Global Property (11806)	Neutral
/	Colonial First State Property Securities (3482)	Neutral
/	MLC Diversified Debt (16244)	Neutral
/	MLC Horizon 1 Bond (13402)	Neutral
/	NovaPort Smaller Companies (9140)	Bronze

	Shares (14)
/	Auckland Airport (AIA)		Hold
/	Auckland Airport (AIA-NZ)		Hold
/	BlueScope Steel (BSL)		Reduce
/	CSL (CSL)		Reduce
/	QBE (QBE)		Buy
/	Ryman Healthcare (RYM-NZ)		Reduce
/	Sky Network TV (SKT)		Hold
/	Sky Network Television (SKT-NZ)		Hold
/	Santos (STO)		Accumulate
/	Thorn Group (TGA)	/	Hold
/	Tower (TWR)		Hold
/	Tower (TWR-NZ)		Hold
/	Whitehaven Coal (WHC)		Hold
/	Western Areas (WSA)		Hold

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

	Fixed Income (1)
/	AGL Energy Subordinated Notes (AGKHA)		Hold

ENDS

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