Tokyo pharma sector lower

Both the Nikkei 225 and the Topix index saw gains in Tokyo on Monday. The Nikkei added 0.7 percent to 15,456.81, while the Topix was up 0.8 percent to 1,572.01. Both domestic and export-focused sectors saw gains.
Not every sector was up, however. With chances of consolidation in the paper sector decreasing, Oji […]
Eurofirst closes down 0.4 percent

Profit-taking and not entirely positive corporate earnings reports took the FTSE Eurofirst 300 0.4 percent lower on Monday to close at 1,338.31.
Tiremakers were mixed, with Continental adding 1.8 percent to €80 but Michelin dropping 1.9 percent to €47.56. Credit Suisse upgraded Continental from “neutral†to “outperform†in anticipation of its quarterly report, which is […]
Coal up on rising energy prices

At midday on Monday, Wall Street was running behind due to less than desirable corporate earnings reports as well as investor uncertainty about events in the Middle East. The Dow Jones Industrial Average and the S&P 500 were each 0.2 percent lower at mid-session, to 11,194.88 and 1,275.46 respectively, while the Nasdaq Composite had […]
European utilities up on M&A news

The FTSE Eurofirst 300 saw gains every day this week, ending with an 0.7 percent advance on Friday to 1,344.17. Over the week, the Eurofirst added 4.2 percent, the biggest weekly gain since March 2003.
Utilities did well, especially with Spain’s provisional approval of the merger of Endsea and Eon, which added 11.4 percent to […]
Amazon drops 19.4 percent this week

The New York equities markets were up on Friday and on track to have their best week in over six months. At midday, the Dow Jones Industrial Average was up 1.1 percent to 11,219.32, an advance of 3.2 percent during the week. The Nasdaq Composite had gained 1.3 percent to 2,081.67, gaining 3 […]
Boots, Alliance UniChem up again ahead of merger

In London this week, the FTSE 100 was up 4.5 percent for the largest weekly percentage gain since March 2003. Friday’s gain was 0.8 percent, and the 100 closed out the week at 5,974.9.
Not all companies posted gains on the week, however. In the insurance sector, Prudential lost 3 percent over the week […]
Utilities up on Endsea/Eon merger progress

The FTSE Eurofirst 300 added 1.1 percent to 1,334.69 on Thursday, its fourth daily gain in a row and its highest closing figure in over two months. The Eurfirst has risen 8.5 percent since the middle of June. Much of the gains were credited to quarterly reports.
Utilities were up as it was announced […]
Miners up on higher copper prices

The FTSE 100 ended the day 0.9 percent higher on Thursday, at 5,929.5. It was the fourth day of gains in a row for the blue-chip index, during which time it has gained 3.6 percent, or over 210 points. The FTSE 250 was also up on the day, gaining 0.8 percent to 9,362.
Earnings […]
Health insurers see declines

Wall Street was higher at midday on Thursday despite major declines in the health insurance sector. The Dow Jones Industrial Average was 0.7 percent higher at mid-session to 11,174.87, while the Nasdaq Composite had gained 0.5 percent to 2,081.01 and the S&P 500 was up by 0.4 percent to 1,272.92.
Semiconductors were higher, with National […]
Nikkei 225 drops 0.8 percent

Lower than expected profits reports from consumer finance companies sent Tokyo equities markets lower on Wednesday. The Nikkei 225 was 0.8 percent lower to 14,884.07, while the Topix index was down by 0.9 percent to 1,520.44
Consumer finance was not the only sector with losses, however. The electronics sector was down, with NEC falling […]