Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
Download
Standard view
Full view
of .
Look up keyword
Like this
1Activity
0 of .
Results for:
No results containing your search query
P. 1
RBS Round Up: 30 November 2010

RBS Round Up: 30 November 2010

Ratings: (0)|Views: 37 |Likes:
Published by egolistocks
RBS Round Up brought to you by www.egoli.com.au Australia's best privately owned Share market news and stock information website.
RBS Round Up brought to you by www.egoli.com.au Australia's best privately owned Share market news and stock information website.

More info:

Categories:Types, Business/Law
Published by: egolistocks on Nov 29, 2010
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as PDF, TXT or read online from Scribd
See more
See less

11/29/2010

pdf

text

original

 
Equity Structured Products and Warrants
This material has been produced by RBS sales and trading staff and should not be considered independent.
The Round Up
30 November 2010
 
Issue No. 453
The Round Up is a comprehensivedaily note produced by the RBSWarrants team providing an overviewof market movements along withquality ideas for warrant traders andinvestors.
Daily Monitor
Global Market Action
Scoreboard, commentary
Aussie Market Action
SPI Comment, Events & Dividends
Telstra Corp. (TLSKZD)
 
MINI Trading Buy – NBN legislation a key catalyst
 
BHP Billiton (BHPKZJ) MINI Trading Buy
– 
Deploying the cash
 
Origin Energy(ORGKZC)MINI Trading Buy
 – Cashflow set to surge
 Australian Strategy Monthly Market Review - October 2010
 
Equity Structured Products and Warrants
Overnight Commentary
 
United States Commentary
The US clawed back a good chunk of its early morning losses as investors warmed to the idea that problems in the Eurozone may not create as many issues for US stocks as they will for their European counterparts. Volumes remain anaemicas many make their way back from Thanksgiving holidays.
Movers -
On the DOW Amex, BOA and JPM added 0.9% to 2.2% while GE and Alcoa added 0.9% and 0.8%. CCLcontinued to underperform, shedding 1.3% as they host a tour of their Indonesian facility. On the S&P Halliburton added3.6% as crude rallied and Freeport McMoRan recouped yesterdays losses with gold adding 0.5%. Wells Fargo was astandout, adding 2.4%, as it was rumoured they would be the first allowed to increase payout ratios.
United Kingdom and Europe Commentary
UK -
After starting the session in the black as an 85B euro Irish bailout package was approved, fears of Europeancontagion saw the FTSE erase its last 2 months of gains by the closing bell. In a flight to safety the greenback continuedits strength driving down metal prices and material stocks. Energy plays were some of the hardest hit with BG, RDSAand BP off 1.8% to 3.2% with the latter announcing plans to sell its stake in Pan American Energy to Bridas Corp for$7B. Petrofac fell 5.8% as concerns around a proposed deal in Nigeria were raised while Cairn Energy and Vedanta fell4.4% and 3.1% as they wait for approval for the transfer of assets. Barclays and HSBC were the only 2 stocks on the 100to post a win; Barclays adding 1.2% after announcing a strategic review of its businesses and HSBC adding 0.1% as itwas labelled a "stock to watch" in 2011 by JP Morgan.
 
Equity Structured Products and Warrants
Commodities Commentary
 
Last % Move
GOLD
 
1367
 
0.5%
 
OIL
 
85.76
 
2.4%
 
NI
 
22383
 
-0.6%
 
 AL
 
2249
 
0.0%
 
ZN
 
2078
 
-1.3%
 
CU
 
8220
 
-0.2%
 
CRB
 
303 0.6%
 
SPI Commentary
The SPI traded down 41ts to 4619. Open at 4660 with a high of 4637 and a low of 4565. Volume 38,303. Overnight the SPI traded up7pts to 4624.
SPI Intraday SPI Daily
*SPI report taken from the 9:50am open to the 4:30pm close on the previous trading day. Charts taken from IRESS 
Upcoming Economic Events for the Week
Monday
AUSUS
Tuesday
AUSUS
GDP (QoQ),Existing Home Sales
Wednesday
AUSUS
MBA Mortgage Applications,Core Durable Goods Orders (MoM),Initial Jobless Claims (MoM),Personal Spending (MoM),New Home Sales
Thursday
AUSUS
Friday
AUS
RBA Governor Stevens Speaks
US
*Dates are indicative only and may change 

You're Reading a Free Preview

Download
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->