Daily Equities Market News
 
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Saturday 19th of May 2012
May 5, 2011

Most global equities markets in decline

Most global equities markets in decline

European equities markets were mostly lower Thursday after quarterly reports in the banking sector disappointed. The FTSE 100 was down 1.07 percent to 5,919.98 in London, while the FTSE 250 dropped 0.53 percent to 11,845.7 as the Bank of England kept UK interest rates steady at 0.5 percent, just as expected, as banks, miners and [...]



April 18, 2011

Most global markets decline to begin week

Most global markets decline to begin week

European markets declined Monday after Standard & Poor’s reduced its long-term outlook for US credit from “stable” to “negataive” although it reiterated its current AAA credit rating, while markets were also hurt by a statement from the International Monetary Fund that called Greece’s debt unsustainable. The FTSE 100 dropped 2.1 percent to 5,870.08, with just [...]



November 12, 2007

Hang Seng drops almost 4 percent on China reports

Hang Seng drops almost 4 percent on China reports

Asia-Pacific region equities markets were down Monday on the expectation that banks will report further losses due to exposure to the US subprime mortgage crisis. The biggest loss among major indices came in Hong Kong, where the Hang Seng dropped 3.88 percent to 27,665.73, a loss of 1,117.68 points on the session. The decline there [...]



October 24, 2007

Global markets lower again on subprime worries

Global markets lower again on subprime worries

Most Asian markets were lower on Wednesday, worried by a report that investment bank Merrill Lynch (NYSE: MER; TYO: 8675) will likely write down $2.5 billion more in the third quarter than previously estimated, adding to concerns over the effect of the subprime crisis. The bank had previously estimated it would write down around $5 [...]



October 10, 2007

Wall Street mixed as quarterly reports begin

Wall Street mixed as quarterly reports begin

Wall Street was mixed in midday trade after bad news from Boeing, a forecast on home sales for the year that was revised downward, and warnings from more than one company. The Dow Jones Industrial Average was 0.74 percent lower to 14,060.32 as it lost nearly all of the 120 points it gained on Tuesday, [...]



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 2.53 percent to [...]



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 Sensex, which dropped [...]



August 13, 2007

Central banks inject more liquidity to ease concerns

Central banks inject more liquidity to ease concerns

In early afternoon trade in New York Monday, equities markets were slightly ahead after last week’s declines. The Dow Jones Industrial Average was up 0.3 percent to 13,278,72, while the Nasdaq Composite had added 0.15 percent to 2,548.6 and the S&P 500 was 0.32 percent higher to 1,458.32. The gains came as the Federal Reserve [...]



July 13, 2007

Markets reach record highs in Asia

Markets reach record highs in Asia

Equities markets some parts of the Asia-Pacific region hit all time highs on Friday as investors responded to Thursday’s record highs in New York and to the $38.1 billion dollar bid by Rio Tinto (LSE: RIO) for Canadian aluminium producer Alcan (TSX: AL; NYSE: AL). New records were set in both Hong Kong and Singapore, [...]



July 12, 2007

Retailers mostly higher on Wall Street

Retailers mostly higher on Wall Street

Asia-Pacific equities markets were mostly higher on Thursday. In Australia, the Sydney Ordinaries added 0.58 percent to 6,400.1. Among other Asian markets, Singapore’s Straits Times Index was 0.82 percent higher to 3,600.75, while the Hang Seng index gained 0.89 percent to 22,809.02 in Hong Kong. In India, the Sensex was up 1.22 percent to 15,092.04. [...]