Morningstar Morning Research Update Friday, Nov 30, 2012

Press Release – Morningstar

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.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
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

Content Sourced from scoop.co.nz
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