Daily Equities Market News
 
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Sunday 01st of August 2010
January 30, 2008

Wall Street ends lower despite rate cut

Wall Street ends lower despite rate cut

Wall Street was up right after the Federal Reserve announced on Wednesday that it was cutting its main interest rate by half a percentage point to 3 percent, but the markets ended the session lower. The Dow Jones Industrial Average dropped 0.3 percent to 12.442.83 while the Nasdaq Composite was down 0.38 percent to [...]



November 15, 2007

Markets decline globally

Markets decline globally

Asia-Pacific equities market retreated Thursday after Wednesday’s substantial gains as investors worried that consumer spending is slowing in the US. A Commerce Department report said that sales in US department stores was 0.5 percent lower in October, while Macy’s (NYSE: M) predicted that same-store sales could decline in the fourth quarter and cut its [...]



October 31, 2007

Wall Street mixed after interest rate decision

Wall Street mixed after interest rate decision

After the Federal Reserve announced that it has cut interest rates by another quarter point to 4.5 percent, New York equities markets were mixed at midafternoon after having traded uniformly higher before the decision was released. The Dow Jones Industrial Average was up 0.21 percent on the day so far to 13,821 up again [...]



October 19, 2007

Asia-Pacific equities end week with losses

Asia-Pacific equities end week with losses

Asian and Pacific region equities were lower Friday. The Shanghai Composite was 0.12 percent lower to 5,818.05, while in Taiwan the Taiex was down 0.26 percent to 9,611.72. Australian markets declined on losses in the banking and mining sectors. The Sydney Ordinaries fell 0.85 percent to 6,723.3 and the S&P/ASX200 dropped 0.91 [...]



October 17, 2007

Sensex declines on proposed new rules

Sensex declines on proposed new rules

Equities markets in Asia and the Pacific were mixed on Wednesday, with most major markets seeing declines on the session. The most notable decline came in India, where the Sensex dropped 1.76 percent to 18,715.82 after dropping nearly 10 percent at one point in the day, forcing trade to stop for an hour. [...]



October 15, 2007

Carmakers lower, miners higher in Tokyo

Carmakers lower, miners higher in Tokyo

Tokyo’s markets were mixed on Monday. The Nikkei 225 added 0.16 percent to 17,358.15, but the Topix index dropped 0.12 percent to 1,657.44 and the Mothers market was down 1.57 percent to 867.62. Carmakers were lower after HSBC Holdings said that Toyota (TYO: 7203.T; NYSE: TM; LSE: TYT) will likely see profits weaken [...]



October 8, 2007

Philippines Stock Exchange in new record high

Philippines Stock Exchange in new record high

Asia-Pacific region equities markets were mixed on Monday. In Australia, the S&P/ASX200 was 0.74 percent higher to 6,654.3 while the Sydney Ordinaries added 0.75 percent to 6,667.2. South Korea’s Kospi index was up 0.84 percent to 2,012.82. The Taiex index gained 1.04 percent to 8,717.17 in Taiwan, while the Shanghai Composite jumped [...]



September 14, 2007

Third day for Hang Seng closing highs

Third day for Hang Seng closing highs

Most equities markets in the Asia Pacific region saw gains on Friday. The major exception in Asia was India’s Sensex, which dropped 0.07 percent to 15,603.8. The Shanghai Composite added 0.73 percent to 5,312.18, while the Straits Times index was up 1.02 percent to 3,536.4. The Sydney Ordinaries gained 1.14 percent to [...]



September 12, 2007

Tokyo markets lower on political upheaval

Tokyo markets lower on political upheaval

Asia-Pacific equities markets were mixed Wednesday. Gainers included the Taiex index in Taiwan, which added 0.17 percent to 9,018.12. The Straits Times index gained 0.33 percent to 3,506.09 in Singapore, while the Shanghai Composite was 1.15 percent higher to 5,172.63 and Hong Kong’s Hang Seng was up 1.49 percent to 24,310.14. On [...]



August 30, 2007

Hang Seng up 2.02 percent

Hang Seng up 2.02 percent

Most Asia-Pacific equities markets were higher on Thursday after Wednesday’s gains in the US markets and after US Federal Reserve chairman Ben Bernanke said in a letter to a US senator that the Fed is prepared to “act as needed” to preserve market stability and that the US central bank is watching events closely. [...]