INDEPENDENT NEWS

Morningstar Morning Research Update Friday, Dec 21, 2012

Published: Fri 21 Dec 2012 10:52 AM
21-Dec-2012
Overseas Market Report
Stocks moved higher as Republican, John Boehner stated he was going to keep working on a fix to the fiscal cliff.
Third-quarter GDP was revised upwards today to 3.1% from 2.7%. Economists had expected a more modest uptick. The Commerce Department now thinks that consumer spending rose 1.6% in the quarter compared to the previous estimate of 1.4%. GDP also looked better than previous thought due to lower levels of exports, mainly due to lower oil prices... Read More
Foreign Equities (21-Dec-2012 / Close)CloseChange% Change Dow Jones (US)13312600.45 S 500144480.55 NASDAQ305060.20 FTSE 100 Index5958-3-0.05 DAX 30767240.05 CAC 40366720.06 Nikkei 225 (Japan)10039-121-1.19 HKSE22660360.16 SSE Composite Index216860.28 BSE Sensitive19454-22-0.11 NZ 504075521.30
Commodities (21-Dec-2012 / Close)CloseChange% Change Aluminium2026-22-1.09 Copper7743-154-1.96 Nickel17502-173-0.98 Gold1648-21-1.28 Silver29.91.13.72 Oil - West Texas crude90.01.61.79 Lead2305-14-0.63 Zinc2037-17-0.82
Currency (21-Dec-2012 / Close)CloseChange% Change $A vs $US1.0483-0.0009-0.09 $A vs GBP0.64400.00040.06 $A vs YEN88.47-0.25-0.28 $A vs EUR0.79160.00100.13 $A vs $NZ1.2563-0.0026-0.21 $US vs Euro0.75510.00160.21 $US vs UK0.61430.00100.16 $US vs CHF0.91150.00210.23
Research Updates (7)
Special Reports (0) There were no special reports published on the previous business day.
Funds (3) Colonial First State FirstChoice Asian Share (15001) Neutral Colonial First State FirstChoice Emerging Markets (16844) Neutral Perennial Value Smaller Companies (8628) Silver
Shares (4) APN (APN) Reduce Dexus Property (DXS) Hold FKP (FKP) Accumulate Orica (ORI) 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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