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Morningstar Morning Research Update Thursday, Dec 13, 2012


13-Dec-2012

Overseas Market Report

A late sell-off forced stocks to end mostly flat as investors parsed through the statements following the Federal Open Market Committee's policy meeting. Fed officials said they would extend their bond-buying program into next year, which created bullish market sentiment. However, they also lowered their gross domestic product growth forecasts and now don't expect the unemployment rate to fall to around 6.5% until 2015.

Separately, import prices in the United States fell by 0.9% in November from October's reading, more than the expected 0.5% decline. Such prices are down 1.6% compared with the same time last year, with the most recent drop led by fuel costs, and this has led to a decrease in inflation pressures. .. Read More

Foreign Equities (13-Dec-2012 / Close)CloseChange% Change
Dow Jones (US)13245-3-0.02
S&P 500142810.04
NASDAQ3014-8-0.28
FTSE 100 Index5946210.35
DAX 307615250.33
CAC 40364710.01
Nikkei 225 (Japan)9581560.59
HKSE225031790.80
SSE Composite Index208380.39
BSE Sensitive19355-32-0.16
NZ 503995-31-0.77
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Commodities (13-Dec-2012 / Close)CloseChange% Change
Aluminium2141311.48
Copper8105310.38
Nickel17632-102-0.58
Gold1711-4-0.22
Silver33.4-0.5-1.40
Oil - West Texas crude85.80.20.22
Lead2305241.05
Zinc2071160.78

Currency (13-Dec-2012 / Close)CloseChange% Change
$A vs $US1.0552-0.0018-0.17
$A vs GBP0.6537-0.0002-0.03
$A vs YEN87.80-0.87-0.99
$A vs EUR0.80750.00220.27
$A vs $NZ1.25070.00380.30
$US vs Euro0.76530.00320.42
$US vs UK0.61960.00080.13
$US vs CHF0.92660.00500.54

Research Updates (8)

Special Reports (1)
Morningstar Peer Group Performance: November 2012

Funds (3)
AUI Altius Bond (19311) Neutral
Australian Unity Mortgage Income (9393) Not Ratable
Howard Mortgage (6970) Not Ratable

Shares (4)
Coca-Cola Amatil (CCL) Hold
Cromwell Property (CMW) Reduce
GWA Group (GWA) Hold
Kathmandu Holdings (KMD-NZ) Ceased coverage

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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