Morningstar Morning Research Update Wednesday, 23 Jan 2013

Press Release – Morningstar

Existing-home sales in the United States fell by 1%, seasonally adjusted, in December from November, countering the expected 2% increase in such sales. November sales also had a downward revision. Total sales for 2012 were 9.2% higher than in 2011, …23-Jan-2013

Overseas Market Report

Stocks finished higher on the back of stronger US earnings.

Existing-home sales in the United States fell by 1%, seasonally adjusted, in December from November, countering the expected 2% increase in such sales. November sales also had a downward revision. Total sales for 2012 were 9.2% higher than in 2011, marking the best annual sales performance since 2007. However, the housing market still has room for improvement as the lending environment remains difficult and potential buyers and sellers remain cautious. .. Read More

Foreign Equities (23-Jan-2013 / Close) Close Change % Change
/ Dow Jones (US) 13712 62 0.46
/ S&P 500 1493 7 0.44
/ NASDAQ 3143 8 0.27
/ FTSE 100 Index 6179 -2 -0.03
/ DAX 30 7696 -53 -0.68
/ CAC 40 3741 -22 -0.59
/ Nikkei 225 (Japan) 10710 -38 -0.35
/ HKSE 23659 68 0.29
/ SSE Composite Index 2315 -13 -0.56
/ BSE Sensitive 19982 -120 -0.60
/ NZ 50 4187 2 0.04
Commodities (23-Jan-2013 / Close) Close Change % Change
/ Aluminium 2039 35 1.72
/ Copper 8103 76 0.94
/ Nickel 17313 -26 -0.15
/ Gold 1692 1 0.05
/ Silver 32.2 -0.2 -0.59
/ Oil – West Texas crude 96.0 0.0 0.04
/ Lead 2315 19 0.81
/ Zinc 2036 20 1.00
Currency (23-Jan-2013 / Close) Close Change % Change
/ $A vs $US 1.0566 -0.0052 -0.49
/ $A vs GBP 0.6672 -0.0034 -0.51
/ $A vs YEN 93.76 0.48 0.51
/ $A vs EUR 0.7932 -0.0033 -0.42
/ $A vs $NZ 1.2563 0.0016 0.13
/ $US vs Euro 0.7508 0.0005 0.06
/ $US vs UK 0.6314 -0.01
/ $US vs CHF 0.9289 0.0056 0.60

Research Updates (10)

Special Reports (0)
There were no special reports published on the previous business day.
Funds (3)
/ GMO Global Equities (8874) Not Ratable
/ Perpetual Australian Share (4361) Silver
/ Perpetual Concentrated Equity (5893) Bronze
Shares (7)
/ FKP (FKP) / Hold
/ Gindalbie Metal (GBG) / Hold
/ GUD Holdings (GUD) Hold
/ OZ Minerals (OZL) Hold
/ Stockland (SGP) Hold
/ Transurban Group (TCL) / Hold
/ Westpac (WBC) / Accumulate
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

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