|
|
|
|
|
|
| Quiet World Markets; BaWang IPO in HK |
|
| 8:56 AM ET July 03 2009 |
|
In a quiet trading in world markets, indexes edged lower as commodities priced declined. European retail sales index in May and UK home owners increase home equity. Indian railways budget left fares unchanged. Retailers in Japan fell on weak sales. BaWang IPO in Hong Kong oversubscribed 400 times. |
|
| Mituskoshi, Seven & I Down in Tokyo |
|
| 5:40 PM ET July 03 2009 |
|
Stocks in Japan edged lower after the 26-year high U.S. unemployment and 10-year record in Europe. Retailers fell after Seven & I and others reported lower earnings. Mitsui OSK and Nippon Yusen fell on a decline in freight rate index. |
|
| World Markets Fall on U.S. Employment Report |
|
| 5:36 PM ET July 02 2009 |
|
World markets declined after the U.S. unemployment report on the fear that the U.S. may be in a prolonged recession. Copper, gold and crude oil prices fell. Markets in Europe dropped between 2% and 3% and Mexico fell 1.0%. Brazil and Canada lost 1%. The ECB left key lending rates unchanged. |
|
| India Hikes Petrol Prices; Targets 7% Growth |
|
| 8:37 AM ET July 02 2009 |
|
Stocks in India traded sideways after the release of the Economic Survey from the Finance Ministry. The survey focused on the need for infrastructure spending, controlling the budget deficit and simplifying the taxes. Separately, the government increased retail prices of petrol and diesel. |
|
| Market Puts Faith in Home Sales; AIG Plunges |
|
| 6:15 PM ET July 01 2009 |
|
Home sales indication and slower contraction in manufacturing lifted trading sentiment. Construction activity in May declined 11.7% from a year ago. Crude oil inventories declined but are still at the upper end of the average at the end of last week. AIG plunges 22% after it lost 13% yesterday. |
|
| Shanghai Index Above 3,000 |
|
| 11:02 AM ET July 01 2009 |
|
Stocks indexes in China closed higher after the manufacturing index advanced. The rise lifted stocks of steel makers, equipment makers, realty companies and home builders. The Shanghai Composite index closed above 3,000, the highest close since June 2008 and rebound from a low of 1,706 in November. |
|
| Auto Sales, Education Stocks Surge in India |
|
| 8:47 AM ET July 01 2009 |
|
Stocks in Mumbai closed higher led by a surge in education and auto related stocks. Tata Motors and Mahindra & Mahindra sales surged 19% and Maruti Suzuki sales soared 23%. Trade deficit in the first two months to May declined 50% in the current fiscal year. |
|
| Sensex in India Falls; GMR Infra Plunges |
|
| 9:34 AM ET June 30 2009 |
|
Mumbai stocks fell ahead of budget announcements. Infrastructure stocks plunged after GMR shelved its plan to raise capital and Unitech was forced to sell warrants to founding investors group. |
|
| Tokyo Stocks Down; Mizuho, Daiwa Offerings |
|
| 4:29 PM ET June 29 2009 |
|
Tokyo benchmark index fell 1% Daiwa Securities planned to raise $2.4 billion and Mizuho Financial Group plans to raise $6.2 billion. The industrial production index in May increased 5.9% in Japan. Shipping lines, brokerages and real estate companies led the decliners. |
|
| Suzlon Net Drops; Mahindra Holidays IPO |
|
| 8:08 AM ET June 29 2009 |
|
Mumbai stocks traded sideways. Tata Motors dropped after it reported annual net loss. Suzlon net declined 10% and plans to raise $1 billion. Mahindra Holidays & Resorts IPO was oversubscribed ten times. |
|
| More
News... |
|
NYSE
TSX
Bovespa
Bolsa
FTSE 100
DAX 30
CAC 40
SMI
Nikkei 225
Hang Seng
CSI 300
Sensex 30
ASX 200
JCI
SET
Kospi
KLC
