22 Nov 2012

Offshore markets

9:41 am on 22 November 2012

Stocks on Wall rose in thin trading on Wednesday following a ceasefire between Israel and Hamas, though the lack of a deal to release aid to Greece kept a lid on gains.

Investors seem focused on the upcoming Thanksgiving public holiday

The Dow Jones Index was up 43 points, or 0.3%, at 12,831 and the Nasdaq Composite was up 10 points, or 0.3%, at 2926.

The FTSE 100 in London rose 0.2%, the DAX in Frankfurt rose 0.2% and and the CAC-40 in Paris was up 0.6%.

The Nikkei index in Tokyo rose 80 points to 9,223.

Earlier, the Australian 200 Index was down 16 points, or 0.4%, to close at 43 69 and the NZX50 index fell 2 points to close at 3971.

At 8.30am on Thursday, the New Zealand dollar was trading at 81.32 US cents, 78.46 Australian cents, 50.97 pence, 67.01 yen and 0.6337 euro. The Trade Weighted Index was at 73.13.

Brent crude oil was trading at $US111.44 US per barrel and gold was trading at $US1727.61 per ounce.