Posts filed under 'Global Markets'

Global Markets trading mixed over Eurozone debt confusion - Oct 21 & 22, 2011

Analysts feel that Gadhafi’s death will help clear way for oil exports. US Stocks ended mixed (on Oct 20) as Europe haggles over debt fix.

Dow: 11,541.78; +37.16; +0.32%
Nasdaq: 2,598.62; -5.42; -0.21%
S&P 500: 1,215.39; +5.51; +0.46%

Asia is trading mixed and is on course of coming back to green (Oct 21 @ 8:45 AM IST). Straits Times is in the green while Nikkei 225 and Hang Seng are marginally in the red.

Add commentOctober 21st, 2011

Mixed day for US Markets; Asia opens weak

The Japanese stocks fell for the first time in four days after more or less negative biased news from the US and Euro markets. The analysts’ earnings estimates at US bellwether Alcoa Inc. signaled that its profits will be down and revenues will be disappointing. Chevron said its 3Q earnings will be in line with 2Q. The US markets traded mixed yesterday (Oct 11). The Dow lost all its big gains and finally closed in the red.

Dow: 11,416.30 -16.88 -0.15%
Nasdaq: 2,583.03 +16.98 +0.66%
S&P 500: 1,195.54 +0.65 +0.05%

The Asian markets are currently trading mixed with negative bias. The news from the Eurozone is not so encouraging with Slovakia blocking a measure to expand Europe’s financial rescue program for heavily indebted countries - a setback for attempts to overcome the debt crisis. Nikkei 225 is trading in the red while Hang Seng and Straits Times are in the green.

Add commentOctober 12th, 2011

NASDAQ closes the day marginally in the green

The US Stock Markets continued to gain for the sixth straight session, thanks to some late support in the afternoon session. With positive news coming form Japan and China, the stocks made solid gains early on monday morning.  There was a little pressure in teh afternoon trade as the banking stocks dipped to a 0.7% loss despite the proposed amendements from the Federal Reserve to offer interest-bearing term deposits to eligible institutions. The telecom and health care sectors were the best performing sectors on Monday as they gained 0.6% and 0.4% respectively.

The commodities market also performed well for the entire session. The CRB Commodity index gained 1.3% and is now at a two-month high. The volume of shares traded on monday were about 700 million and the much action isn’t expected.

Dow Jones: 10,547.08  +26.98 (+0.26%)
NASDAQ: 2,291.08 +5.39 (+0.24%)
S&P: 1,127.78 +1.30 (+0.12%)

December 28, 2009

Add commentDecember 29th, 2009

Asian stock markets heads towards rebound; US Markets close positive

Sans the Nikkei, most other Asian markets are taking a positive breath on Friday morning. The US Markets earlier closed positive with all three major indices closing over 2%

The Taiwan Weighted is trading up by 3.1%. The Jakarta Composite is up 5.81%. Seoul Composite, Straits Times and the NZSE 50 are positive. Nikkei 225 however is down 2.33% followed by Hang Seng and Shanghai Composite and All Ordinaries which are trading in the red. Taiwan’s move to cuts interest rates and joins the other global economies has boosted the sentiments in the market there.

Earlier Thursday, the US Markets saw a positive movement after starting in the green. The Dow last traded at 9,180.69 gaining 189.73 points or 2.11%. The S&P 500 is at 954.09 up by 24.00 or 2.58%. The Tech savvy Nasdaq is at 1,698.52 up 41.31 points or 2.49%.

The US Fed has added $21 Billion to loans for AIG. Oil company stocks Exxon, Shell and Marathon traded in the green after good profit numbers by the sector. All major sectoral indices of the US markets closed in the green lead by Basic Materials, Energy and Transportation.

1 U.S. Dollar = 49.0003 Indian Rupees
1 U.S. Dollar = 0.7776 Euros
1 U.S. Dollar = 0.7776 GBP
1 Ounce Gold = $734.50
1 Barrel Crude Oil = $64.55

Friday, October 31, 2008 9:25:50 AM IST

Add commentOctober 31st, 2008

Black friday as Asian, European and US markets go on a selling spree

First it is the Asian stock markets, then similar effect appeared on the European stock markets and the spill had little impact on the US markets, a black friday.

The BSE 30 and Seoul Composite are down over 10.5% followed by Nikkei 225, Hang Seng and Straits Times showing immense selling. The damage is also evident when the European markets opened their trading day. No surprises, all major European indices are ticking anywhere between 4% to 9% in the red.

The US stock markets though didn’t show that much of panic as expected. The Dow Jones Composite Average is down 75 points or 2.45%. The Dow Jones Industrial Average, the DJ Transportation Average, the DJ Utility Average are all down just about 2% each.

The NYSE though should some amount of selling. The NYSE Composite index is down 4%. The NASDAQ 100 is down 2.7%. while S&P 100 is down 3.8%

1 U.S. Dollar = 49.5294 Indian Rupees
1 U.S. Dollar = 0.7945 Euros
1 U.S. Dollar = 0.7945 GBP
1 Ounce Gold = $713.20
1 Barrel Crude Oil = $64.69

Friday, October 24, 2008 8:56:57 PM IST

Add commentOctober 24th, 2008

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