Daily Equities Market News
 
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Friday 04th of July 2008
November 19, 2007

Australia equities gain among global declines

Australia equities gain among global declines

Most Asia-Pacific equities markets were lower on Monday after bank regulators in China instructed banks there to hold back on lending until year’s end. The only major exception was in Australia, where the S&P/ASX200 added 1.13 percent to 6,535.2 and the Sydney Ordinaries gained 1.15 percent to 6,601.3 on speculation that the worst of […]



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 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 […]



September 7, 2007

Shanghai Composite down over 2 percent

Shanghai Composite down over 2 percent

Asia-Pacific equities markets were mixed again on Friday. In Taiwan the Taiex was up a bare 0.01 percent, or 1 point, to 9,018.08, while the Straits Times index closed at 3,488.97. The S&P/ASX200 gained 0.44 percent to 6,278.4 in Australia, while the Sydney Ordinaries added 0.5 percent to 6,296.5. Decliners included India’s […]



September 4, 2007

Tokyo markets down on utilities, real estate

Tokyo markets down on utilities, real estate

Equities markets in the Asia-Pacific region were mixed Tuesday, but mostly lower than higher. India’s Sensex added 0.28 percent to 15,465.4, while in Australia the Sydney Ordinaries gained 0.39 percent to 6,297.1 and the ASX/S&P200 was up 0.41 percent to 6,293.3. Otherwise, markets were lower. The Hang Seng index was 0.08 percent […]



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. […]



August 22, 2007

Wall Street up at midday

Wall Street up at midday

In early afternoon trade on Wednesday the New York equities markets were up even though many banks were lower again. The Dow Jones Industrial Average was 0.59 percent higher to 13,167.93, while the Nasdaq Composite had added 0.67 percent to 2,538.25 and the S&P 500 had gained 0.49 percent to 1,454.17. Banks were […]



August 20, 2007

Dow back below 13,000 in afternoon trade

Dow back below 13,000 in afternoon trade

Wall Street was lower in early afternoon trade on Monday. The Dow Jones Industrial Average was back down below the 13,000 level to trade at 12,993.32, a decline of 0.66 percent, just before 1:30 pm in New York, while the Nasdaq Composite had dropped 0.64 percent to 2,489.1 and the S&P 500 was […]



August 14, 2007

European banks see declines

European banks see declines

European markets were lower on the session, led by declines in banks that are still beset by problems in the credit market. The FTSE Eurofirst 300 was 1.28 percent lower to 1,493.85. In Frankfurt the Dax dropped 0.66 percent to 7,425.07, while the IBEX was down 1.21 percent to 14,553.1 in Madrid and […]



August 6, 2007

Straits Times index drops 3.7 percent

Straits Times index drops 3.7 percent

Most equities markets in the Asia-Pacific region were lower on Monday. The main exception was the Shanghai Composite, which added 1.48 percent to 4,628.11 to reach a new record close in China. In South Korea, the Kospi index dropped 1.16 percent to 1,855.05, while Taiwan’s Taiex index fell 1.28 percent to 8,941.73 and […]