Australasia’s Leading Resource Newsletter
Stock Resource is an Independent Research Group that provides ASX Stock Market Recommendations for investors in a weekly electronic newsletter format. Specialising in the Resource Sector, our analytical team includes both geological and financial 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 +34.8% pa return since our inception in June 2003. Check out this impressive track record in Past Predictions
Register for a trial Membership at Free Trial or take advantage of current promotions at Subscription Specials
The Sydney Morning Herald, The Age and Stock Resource are pleased to present 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 or +612 9299 5855 or go to the SMH Shop
Stock Resource also provides regular Free Services, including:
Stock Resource and LimeStreet Capital have launched 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
| WORLD INDICES |
| Dow Jones |
7552.29 |
-445 |
| NASDAQ |
1316.12 |
|
| FTSE 100 |
3874.99 |
-130.7 |
| Hang Seng |
12659.2 |
+360.6 |
| Nikkei |
7910.79 |
+207.8 |
| ASX 200 |
3416.5 |
+63.6 |
| Updated daily |
| ASX SUB-INDICES |
| ASX 50 |
3437.3 |
+81 |
| Materials |
7009.8 |
+307.9 |
| Energy |
10863.2 |
-317 |
| Industrials |
3736.3 |
+128.5 |
| Property Trusts |
906.2 |
-49.9 |
| Consumer Staples |
6152.5 |
+256.7 |
| Telecommunications |
1341.4 |
+8.7 |
| 20 min. delay |
| EXCHANGE RATES |
| A$/US$ |
0.61024 |
| US$/Rand |
10.456 |
| Euro/US$ |
1.24316 |
| GBP/US$ |
1.47297 |
| US$/Yen |
95.385 |
| 20 min. delay |
|
| RESOURCE INDICES |
| CRB Futures |
230.35 |
-4.2% |
| NYSE Energy |
7,714.5 |
-11.2% |
| Dow Jones Non-Ferrous |
125.95 |
-12.6% |
| S&P/TSX Gold |
183.90 |
+2.7% |
| Philadelphia Gold & Silver |
69.81 |
-2.9% |
| JSE Gold |
1,415.89 |
-6.7% |
| Updated Daily |
| COMMODITY PRICES |
| Gold US$/oz |
738.00 |
-3.1% |
| Silver US$/oz |
9.39 |
-0.1% |
| Platinum US$/oz |
797.00 |
-3.5% |
| Aluminium c/lb |
78.8 |
-5.0% |
| Copper c/lb |
155.9 |
-2.9% |
| Nickel c/lb |
445.7 |
-2.8% |
| Lead c/lb |
53.0 |
-3.6% |
| Tin c/lb |
514.6 |
-5.4% |
| Zinc c/lb |
53.5 |
+0.6% |
| Light Sweet Crude US$/bbl |
48.70 |
-10.5% |
| Updated Daily |
|
| ASX ANNOUNCEMENTS |
| BYL |
21-Nov-2008 19:01:00 |
Contracted Revenue Robust Despite Contract Deferments |
| SPH |
21-Nov-2008 19:00:00 |
Response to ASX Query |
| BKR |
21-Nov-2008 18:07:00 |
PRT: Extension of Offer Period |
| ENL |
21-Nov-2008 17:26:00 |
Loan to Aluminex Resources Limited |
| BTV |
21-Nov-2008 17:18:00 |
Completion of Share Buy-Back |
| AGG |
21-Nov-2008 17:15:00 |
US$1 BILLION LOAN FACILITY |
| OBJ |
21-Nov-2008 17:11:00 |
OBJ Signs License Option |
| EBB |
21-Nov-2008 17:08:00 |
EBB proposed name change and intangible asset write down |
| IPR |
21-Nov-2008 17:01:00 |
ipernica completes NearMap acquisition |
| OLH |
21-Nov-2008 16:54:00 |
Address to Shareholders |
| EBB |
21-Nov-2008 16:41:00 |
Adjournment of EBI General Meeting |
| EBI |
21-Nov-2008 16:27:00 |
Adjournment of EBI General Meeting |
| CGG |
21-Nov-2008 16:20:00 |
Call on Partly paid shares |
| AEU |
21-Nov-2008 16:10:00 |
Market Update |
| AEP |
21-Nov-2008 15:39:00 |
Update |
| CVI |
21-Nov-2008 15:16:00 |
CityView Offer Document to Shareholders |
| GRR |
21-Nov-2008 15:10:00 |
FIRB Approvals For Merger |
| ADL |
21-Nov-2008 14:59:00 |
Admerex Divests CVX Operations |
| TMX |
21-Nov-2008 14:58:00 |
Sampling Program Identifies New Drilling Targets at Bundarra |
| AQD |
21-Nov-2008 14:58:00 |
Disclosure Document |
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
- Shares continue to tumble worldwide amid concerns that the global economy will enter a protracted downturn.
- Oil prices have fallen below $US50 a barrel amid growing fears over a global recession and lower demand for oil.
- General Motors Corp., the largest U.S. automaker, probably has weeks rather than months left before it runs out of cash without federal aid, said Jerome York, an adviser to billionaire Kirk Kerkorian and former GM board member.
- Shares of General Motors Corp. plummeted to a low not seen since the days of the Great Depression as hope that the automakers could receive a financial bailout from Congress before the Thanksgiving holiday continued to fade.
- Some U.S. lawmakers lashed out at the CEOs of the Big Three auto companies for flying private jets to Washington to request taxpayer bailout money.
- The U.S. may need to spend another $US1.2 trillion to recapitalize the eight largest financial institutions and stabilize the markets because private investors won't take the risk, an FBR Capital Markets analyst said.
- GMAC LLC, the largest lender to General Motors Corp. car dealers, has applied for status as a bank holding company so it can get access to the U.S. Treasury's $US700 billion rescue fund for the financial industry.
- Aircraft engine maker Rolls-Royce says it plans to cut between 1,500 and 2,000 jobs in 2009, including 140 in the UK.
- The number of Americans filing for unemployment benefits neared a 26-year high, and a gauge of the economy's future performance dropped, sending yields on benchmark Treasuries to record lows.
- Nordic countries agreed to lend struggling Iceland $US2.5 billion to help it recover from a series of crippling bank failures, bolstering a $US2.1 billion aid package from the International Monetary Fund, their governments announced
- Taiwans economy will sink into a recession this year after shrinking in the third quarter for the first time since 2003, the government said.
- Shareholders in Royal Bank of Scotland are due to vote on whether to accept a $US30 billion bail-out plan to survive the credit crunch.
- China, the world's second-largest energy user after the U.S., is accelerating plans to cut fuel prices for the first time in two years as the nation's economy slows and oil costs fall, the country's top planner said.
- The Italian government has approved an offer from a group of investors to buy the assets of the bankrupt Alitalia airline after getting them to raise the bid to at least $US1.33 billion.
- The first foreign office of the U.S. Food and Drug Administration opened in Beijing after an influx of contaminated Chinese food and drug imports to the United States.
- AstraZeneca Plc will eliminate 1,400 jobs and close plants in Europe as the U.K.'s second-largest drugmaker expands cost-cutting measures amid increased competition from generic medicines.
- Citigroup's largest individual shareholder, Saudi Prince Alwaleed Bin Talal, said Thursday he planned to increase his stake in Citigroup back to 5%, even as shares of the firm have plummeted in recent weeks.