Mon 13 Nov 2017


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In Portfolioticker today

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  • Today at the stock market Opinion
  • The portfolio today Opinion
  • News
  • flag_japan Japan Update
  • flag_china China Update
  • Today at the stock market

    bull/bearU.S. stock indexes rose on Monday as a sharp drop in General Electric shares was more than offset by gains in high dividend-paying sectors including consumer staples and utilities.

    • The S&P 500 index rose 2.54 points, or 0.10%, to 2,584.84
    • The Dow Jones Industrial Average rose 17.49 points, or 0.07%, to 23,439.70
    • The Nasdaq Composite index added 6.66 points, or 0.1%, to 6,757.60.
    • Declining issues outnumbered advancing ones on the NYSE by a 1.27-to-1 ratio; on Nasdaq, a 1.02-to-1 ratio favored decliners.
    • The S&P 500 posted 40 new 52-week highs and nine new lows; the Nasdaq Composite recorded 67 new highs and 81 new lows.
    • About 6.18 billion shares changed hands in U.S. exchanges, fewer than the 6.67 billion daily average over the last 20 sessions.

    Investors are closely tracking developments around the tax bill after U.S. Senate Republicans last week unveiled a new plan that differed from the House of Representatives’ version. Some relief for investors did come from the regulatory side, and shares of regional banks rose after the Wall Street Journal reported a bipartisan group of Senate lawmakers reached a tentative agreement to ease some regulations on the sector.

    General Electric slashed its dividend by 50% and cut its profit forecast while unveiling a plan that narrowed its focus on aviation, power and healthcare. Shares of the industrial conglomerate fell 7.2% to $19.02 after touching a more than 5-year low of $18.75. More “People who were in GE for their dividend may be looking for a better place to put their money,” said Kim Forrest, senior equity research analyst at Fort Pitt Capital Group in Pittsburgh.

    Utilities and consumer staples rank among the sectors with the highest dividend yield on the S&P 500. They were also the largest percentage winning sectors on Monday.

    The KBW Regional Banking Index gapped lower at the open but turned positive mid-session and ended up 1.3% after steadily climbing in afternoon trading.

    Qualcomm gained 3.0% to $66.49 after the chipmaker rejected rival Broadcom’s $103-billion takeover bid, saying the offer “dramatically” undervalued the company. Story

    Roku shares continued to rally, up 28.5% on Monday to $42.71, more than doubling since the company reported earnings last week. The stock debuted at $15.78 on 28 Sep 2017 after having priced its initial public offering at $14. More Roku News

    Tyson Foods shares climbed 2.0 percent to $75.59 after the meat processor said low prices for livestock feed will help boost results again next year. Shares touched their highest since September 2016.

    Toymaker Mattel jumped 20.7% to $17.64 after a report that rival Hasbro made an approach to acquire the company. Hasbro rose 5.9% to $96.84.Reuters

    Market indices

    Market indices
    ^ Market indices today (mouseover for 12 month view) Chart: Google Finance

    Index Ticker Today Change 31 Dec 16 YTD
    S&P 500 SPX (INX) 2,584.84 +0.09% 2,238.83 +15.45%
    DJIA INDU 23,439.70 +0.07% 19,762.60 +18.60%
    NASDAQ IXIC 6,757.60 +0.09% 5,383.12 +25.53%

    Portfolio Indices

    USD and AUD denominated indices over the past 52 weeks (Chart: Bunting)
    ^ USD and AUD denominated indices over the past 52 weeks Chart: Bunting

    Index values

    Index Currency Today Change 31 Dec 16 YTD
    USD-denominated Index USD 3.103 -0.27% 2.105 +47.41%
    Valuation Rate USD/AUD 0.76770 -0.46% 0.72663 +5.65%
    AUD-denominated Index AUD 4.043 +0.18% 2.895 +39.65%

    Portfolio stock prices

    Stock Ticker Today Change 31 Dec 16 YTD
    Alphabet A GOOGL $1,041.20 -0.26% $792.45 +31.38%
    Alphabet C GOOG $1,025.36 -0.26% $771.82 +32.84%
    Apple AAPL $173.97 -0.41% $115.82 +50.20%
    Amazon AMZN $1,128.93 +0.31% $749.87 +50.55%
    Ebay EBAY $35.83 -0.34% $29.69 +20.68%
    Facebook FB $178.78 +0.18% $115.05 +55.39%
    PayPal PYPL $74.02 +0.05% $39.47 +87.53%
    Twitter TWTR $20.17 -0.74% $16.30 +23.74%
    Visa V $111.40 -0.43% $78.02 +42.78%
    VMware VMW $121.84 -0.26% $78.73 +54.75%

    FX: USD/AUD

    USD

    DXY movements
    ^ Bloomberg Dollar Spot Index (DXY) movements today (mouseover for 12 month view) Chart: Bloomberg

    The Bloomberg Dollar Spot Index (DXY) rose 0.1%.
    The EUR was little changed at USD 1.1669.
    Britain’s GBP fell 0.6% to USD 1.3114, after touching the weakest in more than a week on the largest fall in more than a week.
    Bloomberg

    AUD

    AUD movements
    ^ AUD movements against the USD today (mouseover for 12 month view) Chart: xe.com

    The AUD fell to USD 0.76182 on Monday 13 Nov 2017 from USD 0.7650 in the previous trading session. Historically, the AUD reached an all time high of USD 1.10 in Jul 2011 and a record low of USD 0.48 in Apr 2001.TradingEconomics

    Oil and Gas Futures

    Futures prices

    Prices are as at 15:48 ET

    • NYMEX West Texas Intermediate (WTI): $56.70/barrel -0.07% Chart
    • ICE (London) Brent North Sea Crude: $63.10/barrel -0.66% Chart
    • NYMEX Natural gas futures: $3.14/MMBTU -2.27% Chart

    flag_japan Japan update

    Producer Prices. Oct 2017

    Producer Prices in Japan increased 3.4% in Oct 2017 over Oct 2016, after climbing an upwardly revised 3.1% in Sep 2017. It was the highest annual pace since Sep 2014. The largest increases were observed in nonferrous metals (22.4% vs 19.1% in Sep 2017) and petroleum & coal products (15.8% vs 14.0% in Sep 2017). In contrast, prices declined for electrical machinery & equipment (-1.1% vs -1.2% in Sep 2017) and production machinery (-0.3% vs -0.2% in Sep 2017). On a monthly basis, prices increased 0.3% after also rising 0.3% in Sep 2017. Producer Prices Change in Japan averaged 1.39% from 1961 until 2017, reaching an all time high of 33.90% in Feb 1974 and a record low of -8.60% in Aug 2009.TradingEconomics

    Currency: USD/JPY

    JPY movements
    ^ JPY movements against the USD over the past month (mouseover for inverse) Chart: xe.com

    Stockmarket: Nikkei 225

    N225 movements
    ^ Nikkei N225 movements over the past week Chart: Google Finance

    The Nikkei 225 index fell 300 points or 1.32% to 22,385 on Monday 13 Nov 2017 from 22,685 in the previous trading session. Historically, the Japan NIKKEI 225 Stock Market Index reached an all time high of 38,915.87 in Dec 1989 and a record low of 85.25 in Jul 1950.TradingEconomics

    flag_china China update

    Currency: USD/CNY

    CNY movements
    ^ CNY movements against the USD over the past month (mouseover for inverse) Chart: xe.com

    Stockmarket: CSI300

    CSI300 movements
    ^ Shanghai CSI300 movements over the past week Chart: Google Finance