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Friday 04th of July 2008
September 28, 2007

Miners mixed in losing day in London

Miners mixed in losing day in London

Equities markets in London were lower in Friday trade. The FTSE 100 fell 0.3 percent to 6,466.8 while the FTSE 250 was 0.02 percent lower to 11,037.4. Miners were mixed. Lonmin (LSE: LMI) added 7.39 percent to £36.49 on a rise in platinum prices and on the possibility that Xstrata (LSE: XTA) […]



September 27, 2007

Hang Seng in another record close

Hang Seng in another record close

Asia-Pacific region equities markets saw gains on Thursday on continuing indications that the US Federal Reserve will see the need to cut interest rates again soon after the Commerce Department there reported that durable goods orders were lower in August. In Australia, the Sydney Ordinaries and the S&P/ASX200 each rose by an identical 0.87 […]



September 26, 2007

Utilities see gains in Europe

Utilities see gains in Europe

In Europe, equities markets were higher on the session. The FTSE Eurofirst 300 was 0.65 percent higher to 1,539.28. Frankfurt’s Dax was up 0.45 percent to 7,804.15, while the CAC-40 added 0.87 percent to 5,690.77 and the IBEX jumped 1.59 percent to 14,540.5 in Madrid. Utilities saw gains. In Frankkfurt, RWE […]



September 25, 2007

Oil sector lower in Europe

Oil sector lower in Europe

In Europe, equities markets declined on Tuesday as commodities-related shares fell with oil and metals prices. The Eurofirst 300 fell 1.04 percent to 1,529.91. The Dax dropped 0.24 percent to 7,769.44, while the CAC-40 was 0.89 percent lower to 5,641.59 and the IBEX was down 1.3 percent to 14,304.8. The oil sector […]



September 24, 2007

Australia markets higher on miners

Australia markets higher on miners

In Australia on Monday the Sydney Ordinaries added 1.41 percent to 6,461.1 and the S&P/ASX200 was up 1.47 percent to 6,451.5. The gains came on a report that miner BHP Billiton (ASX: BHP; NYSE: BHP; LSE: BLT) will soon say that it has found a large new deposit of gold in South Australia. […]



September 21, 2007

Tokyo markets lower ahead of holiday

Tokyo markets lower ahead of holiday

Tokyo’s markets were lower in limited trade Friday ahead of another three-day weekend. The Nikkei 225 was down 0.62 percent to 16,312.61, while the Topix index fell 0.94 percent to 1,552.07 and the Mothers market was 0.37 percent lower to 625.93. Exporters were lower as the yen gained value versus the US dollar […]



September 20, 2007

Tokyo mixed on consumer finance sector declines

Tokyo mixed on consumer finance sector declines

Equities markets in the Asia-Pacific region were mixed Thursday, but most managed gains. In Singapore, however, the Straits Times index dropped 1.17 percent to 3,552.46. India’s Sensex was 0.15 percent higher to 16,347.95, while the Kospi index gained 0.33 percent to 1,908.97 in South Korea. The Hang Seng added 0.57 percent to […]



September 19, 2007

Global markets soar after US interest rate cut

Global markets soar after US interest rate cut

Asia-Pacific equities markets saw gains, many of them substantial, on Wednesday after the US Federal Reserve decided on Tuesday to cut US interest rates by 0.5 percent to 4.75 percent. The only major exception was the Shanghai Composite, which dropped 0.55 percent to 5,395.26 in China. In Taiwan, the Taiex added 0.3 percent […]



September 18, 2007

Tokyo markets in losses after holiday

Tokyo markets in losses after holiday

Tokyo’s markets were lower Tuesday as they reopened after Monday’s Respect for the Aged Day holiday. The Nikkei 225 dropped 2.02 percent to 15,801.80, while the Topix index fell 2.19 percent to 1,510.95 and the Mothers market was 2.64 percent lower to 620.42. Banks were lower on continuing fallout from Northern Rock’s (LSE: […]



September 17, 2007

Northern Rock shares drop again in London

Northern Rock shares drop again in London

London’ equities markets saw substantial declines again on Monday. The FTSE 100 was 1.69 percent lower to 6,182.8 and the FTSE 250 dropped 1.91 percent to 10,745.3. Northern Rock (LSE: NRK) was the biggest decliner on the 100 as it fell 35.45 percent to 282.75p, followed closely by Alliance & Leicester (LSE: AL) […]