Morningstar Morning Research Update Thursday, 29 Nov 2012

Press Release – Morningstar

Overseas Market Report Stocks pared early losses and ended higher after House Speaker John Boehner (R-Ohio) expressed optimism that an agreement can be made among political leaders in Washington to avoid the looming fiscal cliff. President Obama was hopeful …29-Nov-2012

Overseas Market Report
Stocks pared early losses and ended higher after House Speaker John Boehner (R-Ohio) expressed optimism that an agreement can be made among political leaders in Washington to avoid the looming fiscal cliff. President Obama was hopeful of a potential agreement, as well. The upbeat sentiment offset the tone of the Federal Reserve’s beige book, which showed mixed economic conditions across the country with increases in consumer spending but drops in manufacturing.

In economic news, The US economy grew at a “measured” pace in October and November, as businesses coped with uncertainty over the federal budget outlook and the destruction wreaked by Hurricane Sandy, the Federal Reserve said in a report… Read More

Foreign Equities (29-Nov-2012 / Close) Close Change % Change
/ Dow Jones (US) 12985 107 0.83
/ S&P 500 1410 11 0.79
/ NASDAQ 2992 24 0.81
/ FTSE 100 Index 5803 4 0.06
/ DAX 30 7343 11 0.15
/ CAC 40 3515 13 0.37
/ Nikkei 225 (Japan) 9308 -115 -1.22
/ HKSE 21709 -135 -0.62
/ SSE Composite Index 1974 -18 -0.89
/ BSE Sensitive 18842 305 1.65
/ NZ 50 4012 3 0.06
Commodities (29-Nov-2012 / Close) Close Change % Change
/ Aluminium 1992 -8 -0.42
/ Copper 7747 -42 -0.54
/ Nickel 16930 31 0.18
/ Gold 1719 -15 -0.88
/ Silver 33.7 0.3 0.82
/ Oil – West Texas crude 87.2 -0.5 -0.59
/ Lead 2186 -25 -1.12
/ Zinc 1968 -4 -0.20
Currency (29-Nov-2012 / Close) Close Change % Change
/ $A vs $US 1.0476 -0.0033 -0.32
/ $A vs GBP 0.6539 -0.0022 -0.34
/ $A vs YEN 85.87 -0.14 -0.17
/ $A vs EUR 0.8095 -0.0023 -0.28
/ $A vs $NZ 1.2711 0.0015 0.12
/ $US vs Euro 0.7728 0.0001 0.01
/ $US vs UK 0.6243 -0.0002 -0.03
/ $US vs CHF 0.9301 0.0004 0.05

Research Updates (16)

Special Reports (1)
/ Best Stock Ideas: November 2012
Funds (5)
/ Kinetic Emerging Companies (15318) Gold
/ Perennial Australian Listed Property (5669) Neutral
/ Perennial Global Property Securities (14287) Neutral
/ Vanguard International Credit Securities Index (9152) Bronze
/ Vanguard International Fixed Interest Index (6428) Bronze
Shares (10)
/ Aristocrat Leisure (ALL) Hold
/ Amcom Telecommunications (AMM) Hold
/ Arrium (ARI) Reduce
/ FlexiGroup (FXL) Hold
/ iiNET (IIN) Reduce
/ NRW Holdings (NWH) / Hold
/ Regional Express (REX) Accumulate
/ Telstra (TLS) Hold
/ TPG Telecom (TPM) / Hold
/ Reject Shop (TRS) Hold
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

Content Sourced from scoop.co.nz
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