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Morningstar Morning Research Update Wednesday, 23 Jan 2013

Wednesday, 23 January 2013, 11:05 am
Press Release: Morningstar

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

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	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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