Daily Equities Market News
 
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Friday 04th of July 2008
October 30, 2007

Wall Street hurt by consumer sentiment, quarterly results

Wall Street hurt by consumer sentiment, quarterly results

Wall Street was lower in afternoon trade on Tuesday ahead of Wednesday’s decision on interest rates by the Federal Reserve and after the Conference Board reported that consumer confidence was down in October, to its lowest level in two years. More disappointing corporate results did not help matters. The Dow Jones Industrial Average […]



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 […]



August 29, 2007

Australia markets lower on banks, miners

Australia markets lower on banks, miners

Most Asia-Pacific equities markets were lower again on Wednesday on reports of declining consumer confidence in the United States and on the sharp drop in US markets on Tuesday.
In Australia, the S&P/ASX200 and the Sydney Ordinaries dropped by an identical 1.23 percent to 6,100.3 and 6,101.4 respectively. The declines there came in […]



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 21, 2007

Some banks still lower in Europe

Some banks still lower in Europe

European markets were mixed Tuesday. The FTSE Eurofirst 300 was 0.15 percent lower to 1,479.61. While the Dax and the CAC-40 were higher, by 0.23 percent to 7,424.75 and by 0.36 percent to 5,418.78 respectively, Madrid’s IBEX fell 0.21 percent to 14,239.8. In the banking sector, Credit Agricole (Euronext: AGA) was 0.26 […]



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 7, 2007

Asia-Pacific markets mixed on session

Asia-Pacific markets mixed on session

Asia-Pacific equities markets were mixed on Tuesday as investors waited to see what the US Federal Reserve would do about interest rates and how it would characterize the current mess in the subprime market. Decliners included Hong Kong’s Hang Seng index, which fell 0.13 percent to 21,907.99 and the Straits Times index in Singapore […]



August 1, 2007

Wall Street trade volatile

Wall Street trade volatile

Equities markets in the Asia-Pacific region dropped sharply on Wednesday as continuing troubles in the subprime mortgage sector and around corporate debt worried investors as it became clear that the damage would not be limited to US markets. Taiwan’s Taiex index saw the worst of the losses, dropping 4.26 percent to 8,891.88. The […]



July 26, 2007

Global markets plunge

Global markets plunge

Equities markets in the Asia-Pacific region were mostly lower again on Thursday. The Shanghai Composite was again an exception as it added 0.52 percent to 4,346.46, a new record high, on corporate profits reports that have been better than anticipated in the first half of the year. The other exception was India’s Sensex, […]



July 18, 2007

US brokers hit by downgrade

US brokers hit by downgrade

Most Asia-Pacific equities markets were lower again on Wednesday. India’s Sensex index was an exception, but it only added 0.07 percent to 15,301.17. In Australia, the Sydney Ordinaries dropped 0.79 percent to 6,367.2, while the Hang Seng index in Hong Kong fell 0.93 percent to 22,841.92 and the Straits Times index in Singapore […]