Morningstar Morning Research Update Wednesday, Feb 6, 2013

Thursday, 7 February 2013, 8:35 am
Press Release: Morningstar

06-Feb-2013

Overseas Market Report
Stocks recovered from the sell-off and were higher as fears about the eurozone faded following strong stock performance on European markets. The Markit eurozone purchasing-managers' index for January offered some optimism with a reading of 48.6, still in contraction territory, but better than the preliminary estimate and the smallest drop in 10 months.

Stateside, the Institute for Supply Management's PMI for January fell to 55.2 compared with December's downward revision of 55.7. Still, the index points to US business activity as still expanding, and last month's reading was slightly ahead of expectations. .. Read More

	Foreign Equities (06-Feb-2013 / Close)	Close	Change	% Change
/	Dow Jones (US)	13979	99	0.71
/	S&P 500	1511	16	1.04
/	NASDAQ	3172	40	1.29
/	FTSE 100 Index	6283	36	0.57
/	DAX 30	7665	26	0.35
/	CAC 40	3695	35	0.95
/	Nikkei 225 (Japan)	11047	-213	-1.90
/	HKSE	23149	-536	-2.27
/	SSE Composite Index	2433	5	0.21
/	BSE Sensitive	19660	-91	-0.46
/	NZ 50	4212	-34	-0.81

	Commodities (06-Feb-2013 / Close)	Close	Change	% Change
/	Aluminium	2073	-1	-0.04
/	Copper	8232	-35	-0.42
/	Nickel	18636	-26	-0.14
/	Gold	1672	-5	-0.28
/	Silver	31.8	-0.0	-0.11
/	Oil - West Texas crude	96.2	-1.6	-1.67
/	Lead	2448	9	0.37
/	Zinc	2150	-11	-0.51

	Currency (06-Feb-2013 / Close)	Close	Change	% Change
/	$A vs $US	1.0395	0.0044	0.42
/	$A vs GBP	0.6640	-0.0016	-0.24
/	$A vs YEN	97.24	-1.04	-1.07
/	$A vs EUR	0.7656	0.0070	0.91
/	$A vs $NZ	1.2301	0.0083	0.67
/	$US vs Euro	0.7366	0.0036	0.48
/	$US vs UK	0.6388	-0.0042	-0.66
/	$US vs CHF	0.9085	0.0004	0.04

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Research Updates (13)

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

	Funds (1)
/	Goldman Sachs Wellington International Shares (4546)		Bronze

	Shares (12)
/	Challenger Diversified Property (CDI)		Hold
/	Cochlear (COH)		Reduce
/	Computershare (CPU)		Hold
/	Charter Hall Retail (CQR)	/	Hold
/	Macquarie Group (MQG)		Hold
/	Navitas (NVT)	/	Reduce
/	Reckon (RKN)		Hold
/	Shopping Centres Australasia Property (SCP)	/	Hold
/	Sandfire Resources (SFR)	/	Hold
/	Transurban Group (TCL)	/	Reduce
/	Wesfarmers (WES)		Hold
/	Woolworths (WOW)		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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