The Essential Stock Market Newsletter
Stock Resource is an Independent Research Group that provides ASX Stock Market Recommendations for investors in an electronic newsletter format. Specialising in the Resource Sector, our analytical team includes financial, geological and technical professionals. Importantly, we advise what to buy, when to buy and when to sell.
Stock Resource enjoys an enviable track record. A hypothetical portfolio of our selections has achieved an outstanding +36.3% pa return since our inception in June 2003 – see Past Predictions for details.
Related company LimeStreet Capital operates the LSC Australian Resources Hi-Alpha Fund – a managed fund investing in the resource sector. For a copy of the PDS send your details to:
info@limestreetcapital.com or phone +612 9262 1363
Stock Resource also sponsors the Essential Guide to Investing in Resources – a concise booklet overviewing the resource industry and outlining how investors can profit from it. To order a free copy contact us at office@stockresource.com.au
| WORLD INDICES |
|---|
| Dow Jones |
8280.74 |
-223.3 |
| NASDAQ |
1796.52 |
-49.2 |
| FTSE 100 |
4236.28 |
+2 |
| Hang Seng |
18203.4 |
+25.3 |
| Nikkei |
9816.07 |
-60.1 |
| ASX 200 |
3828.2 |
-49.1 |
| Updated daily |
| ASX SUB-INDICES |
|---|
| ASX 50 |
3848.9 |
-48.5 |
| Materials |
9730.6 |
-272.8 |
| Energy |
14134.1 |
-125.4 |
| Industrials |
4144.7 |
-36.4 |
| Property Trusts |
737.3 |
-6.4 |
| Consumer Staples |
6599.6 |
+34.7 |
| Telecommunications |
1150.9 |
-11.4 |
| 20 min. delay |
| EXCHANGE RATES |
|---|
| A$/US$ |
0.79847 |
| US$/Rand |
8.1203 |
| Euro/US$ |
1.39899 |
| GBP/US$ |
1.63292 |
| US$/Yen |
96.305 |
| 20 min. delay |
|
| RESOURCE INDICES |
|---|
| CRB Futures |
245.86 |
+0.0% |
| NYSE Energy |
9,464.51 |
+0.0% |
| Dow Jones Non-Ferrous |
320.24 |
+0.0% |
| S&P/TSX Gold |
318.13 |
-0.1% |
| Philadelphia Gold & Silver |
140.00 |
+0.0% |
| JSE Gold |
2,295.77 |
+0.5% |
| Updated Daily |
| COMMODITY PRICES |
|---|
| Gold US$/oz |
932.75 |
+0.3% |
| Silver US$/oz |
13.44 |
+0.2% |
| Platinum US$/oz |
1,185 |
+0.0% |
| Aluminium c/lb |
71.3 |
-2.3% |
| Copper c/lb |
225.3 |
-1.1% |
| Nickel c/lb |
731.2 |
-1.6% |
| Lead c/lb |
76.6 |
+0.7% |
| Tin c/lb |
656.5 |
+0.7% |
| Zinc c/lb |
69.1 |
-1.3% |
| Light Sweet Crude US$/bbl |
65.63 |
-1.2% |
| Updated Daily |
|
| ASX ANNOUNCEMENTS |
| IDG |
03-Jul-2009 19:12:00 |
Diamond drilling commences at the Kilimani Prospect |
| MMX |
03-Jul-2009 19:03:00 |
Settlement of Evans and Koh Litigation |
| SXM |
03-Jul-2009 18:48:00 |
Target`s Statement |
| FEA |
03-Jul-2009 18:14:00 |
ASIC investigation - project investments |
| ARJ |
03-Jul-2009 18:05:00 |
Ninth and Tenth Quarterly Dividends |
| CZP |
03-Jul-2009 17:58:00 |
Offer Document |
| CZP |
03-Jul-2009 17:57:00 |
Non-Renounceable Rights Issue |
| JGL |
03-Jul-2009 17:55:00 |
Jackgreen Update |
| HTE |
03-Jul-2009 17:54:00 |
PROJECT UPDATE - 3 JULY 2009 |
| SXM |
03-Jul-2009 17:52:00 |
Bidder`s Statement for SA Metals Limited |
| GAU |
03-Jul-2009 17:49:00 |
Bidder`s Statement for Great Australian Resources Limited |
| GML |
03-Jul-2009 17:46:00 |
CTO: Citigold Takeover Bid for Gateway Mining Limited |
| CYG |
03-Jul-2009 17:43:00 |
Market Update |
| GDN |
03-Jul-2009 16:59:00 |
Disclosure Document |
| ATN |
03-Jul-2009 16:57:00 |
Sale of Cuiaba Gold Project |
| CIY |
03-Jul-2009 16:57:00 |
Results of Unitholder vote |
| WEC |
03-Jul-2009 16:18:00 |
WEC announces enhanced transaction with ASSAC |
| DLS |
03-Jul-2009 16:12:00 |
Second Supplementary Target`s Statement |
| FER |
03-Jul-2009 16:11:00 |
PLT: Supplementary Bidder`s Statement |
| CBB |
03-Jul-2009 15:58:00 |
CellSense sells interest in Australian Stem Cell Healthcare |
WORLD NEWS HEADLINES
- U.S. Market Report. An updated report of the latest action on Wall Street
- World Market Report. An updated report of the worlds' latest market movements
- U.S. stocks fell for a third straight week, the longest losing streak since March, on concern deeper-than-estimated job cuts and a drop in consumer confidence will prolong the recession
- President Obama called the U.S's latest unemployment figures sobering, but said the economic recession is slowing.
- Major countries should support the dollar as the key international currency, although emerging nations may discuss a new global reserve currency on the sidelines of the G8 summit next week,a Japanese official said on Friday.
- Suresh Tendulkar, an economic adviser to Indian Prime Minister Manmohan Singh, said he is urging the government to diversify its $US264.6 billion foreign-exchange reserves and hold fewer dollars.
- A rogue trader at a London-based oil brokerage causes his employer to lose $US10m after making unauthorised trades.
- US anti-trust regulators are to investigate a $US125m deal Google has made with book publishers to settle copyright issues, reports say.
- British Airways says it is to reduce capital spending by 20% as it faces falling passenger numbers.
- About 13,000 employees at state-run Air India walked off the job for two hours Friday after the airline failed to pay their monthly wage.
- Retail sales in countries that use the euro fell more than expected in May, a further sign that consumers are still limiting their spending, data shows.
- Seven U.S. banks were shut down by authorities Thursday, pushing the tally of failed banks for 2009 to 52, more than doubling the failures in 2008.
- European governments are due to sign an agreement on the Nabucco gas pipeline on 13 July, the European Commission has announced. The pipeline will bring Central Asian gas to western Europe via Turkey and the Balkans, bypassing Russia.
- The UK is prepared to make loans or loan guarantees to help push through the sale of Vauxhall, Business Secretary Lord Mandelson has said.
- General Motors Corp.’s battle with creditors over its reorganization neared an end yesterday, leaving it up to a bankruptcy judge to decide the fate of a plan to create a streamlined carmaker by selling its best assets to a group led by the U.S. Treasury.
- General Motors Corp. said Beijing Automotive Industry Holding Co. submitted an offer for its Opel division, giving the bankrupt U.S. automaker more options in the event negotiations with Magna International Inc. fail.
- Profits at celebrity chef Gordon Ramsay's British restaurants plunged by nearly 90 percent in the last 12 months.
