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Morningstar Morning Research Update Tuesday, Dec 11 2012


11-Dec-2012

Overseas Market Report
Stocks shook off concerns regarding the Italian political situation and finished up as the markets showed optimism of advances in US budget talks.

Overseas, Italian prime minister Mario Monti unexpectedly announced that he will resign from his position after the approval of a 2013 budget for Italy. This move will force the country to conduct elections sooner than expected, likely in February, and it has raised speculation that former Italian prime minister Silvio Berlusconi will regain the position following the elections. Worries about political instability in the country sent Italian bond prices lower and contributed to a rise in U.S. Treasuries. .. Read More

Foreign Equities (11-Dec-2012 / Close)CloseChange% Change
/Dow Jones (US)13170150.11
/S&P 500141900.03
/NASDAQ298790.30
/FTSE 100 Index592270.12
/DAX 307531130.17
/CAC 40361260.18
/Nikkei 225 (Japan)953460.07
/HKSE22277860.39
/SSE Composite Index2084221.07
/BSE Sensitive19410-14-0.07
/NZ 504031-11-0.27
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Commodities (11-Dec-2012 / Close)CloseChange% Change
/Aluminium2124371.76
/Copper8109961.20
/Nickel177145493.20
/Gold1712-1-0.05
/Silver33.2-0.1-0.39
/Oil - West Texas crude85.9-0.0-0.03
/Lead2284833.76
/Zinc2058532.63

Currency (11-Dec-2012 / Close)CloseChange% Change
/$A vs $US1.0489-0.0010-0.10
/$A vs GBP0.65240.00100.15
/$A vs YEN86.370.150.18
/$A vs EUR0.81020.00190.23
/$A vs $NZ1.25640.00080.06
/$US vs Euro0.77260.00230.29
/$US vs UK0.62210.00150.24
/$US vs CHF0.93310.00280.30


Research Updates (8)

Special Reports (0)
There were no special reports published on the previous business day.

Funds (2)
/Macquarie International Infrastructure Securities (13287) Neutral
/UBS Diversified Credit (8855) Neutral

Shares (6)
/Kathmandu Holdings (KMD) /Ceased coverage
/OrotonGroup (ORL) /Ceased coverage
/Primary Health Care (PRY) Reduce
/Seven Group (SVW) /Hold
/Ten Network (TEN) /Sell
/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

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