Mayank Mehta
31 Dec, 2009
New York City
European markets closed mixed today but close up in the year. The benchmark index in Norway led the region with a rise of 70% and indexes in German gained 25% followed by increase of 22% in France and UK. Toronto judge approved $12 million settlement for Air France accident four years ago.
Mayank Mehta
31 Dec, 2009
New York City
UK stocks advanced 22% in the year and rebounded 53% from their lows in March. The index lost 31% in 2008 and lost 22% in the decade. Miners, banks and home builders gained. UK home prices increased for the eighth month in a row.
Mayank Mehta
31 Dec, 2009
New York City
YRC Worldwide reached a last minute agreement with its bond holders that will dilute shareholders more than expected. Scanning and detection security systems providers surged for the second day in a row on the hopes of higher sales after a failed terrorist attempt.
123jump.com Staff
31 Dec, 2009
New York City
The Australian benchmark index increased 31% in the year with a gain of 0.8% on the last day of trading. The Australian dollar advanced after the Reserve Bank of Australia said that bank lending increased 0.1% in November. For the year the Australian dollar is up 28% against the dollar.
123jump.com Staff
31 Dec, 2009
New York City
Mumbai stocks close up on the last day of trading surge 80% for the year but the Sensex index is still below its highs of 2007. Foreign investors continue to pour capital in India stocks with flows in the year expected to reach $14 billion, a sharp rise from $1 billion at the start of the decade.
123jump.com Staff
31 Dec, 2009
New York City
U.S. stocks trade sideways on the last of trading in the year. A fall in jobless claims in last week powered a slight gain in the dollar. Commodities gained and copper, gold and silver closed higher. Emerging markets defied skeptics to register 80% plus gains with steady fund flows.
Mayank Mehta
30 Dec, 2009
New York City
Finance Minister Mukherjee said India cannot sustain its current high fiscal deficit and need to strike a balance between growth and inflation. Budget deficit is expected to surge to record 16-year high. Stocks decline after gaining 5% in four days in a row.
Darlington Musarurwa
30 Dec, 2009
New York City
China is expected to a sharp increase in inflation in December as energy and commodities prices rise. China estimated $16 billion of international inflows in November that may be contributing to the asset price inflation.
Darlington Musarurwa
30 Dec, 2009
New York City
Japan targets 3% nominal economic growth through 2020 and 2% real growth on higher spending for green technology, tourism and education. Number of companies delist from Tokyo Stock Exchange and Osaka Securities Exchange increase to 160 from 82 a year ago.
Darlington Musarurwa
30 Dec, 2009
New York City
Australian stocks edged lower tracking lower commodities prices in a subdued trading. The Australian dollar declined 0.5% to 89.06 U.S. cents. The coal seam gas explorer Westside agreed to buy Anglo American stake in Dawson Seamgas. New Zealand lending rises 2.8% in November.
123jump.com Staff
30 Dec, 2009
New York City
U.S. stocks in a volatile trading closed higher on light volume. The benchmark indexes in U.S. and Europe are set to close the year with more than 22% gains. The U.S. Treasury auction of $32 billion of seven year bonds came in at 3.345% yield.
123jump.com Staff
30 Dec, 2009
New York City
European markets declined as most indexes in the region have surged between 20% and 25%. The nuclear reactor maker Areva SA is in discussion with California based energy group to build two plants. Euromedis Groupe first quarter sales increased 11%.
Mayank Mehta
30 Dec, 2009
New York City
UK stocks decreased following a weakness on commodities prices. The pound and the euro edged lower against the dollar. Panmure Gordon expressed positive outlook for 2010. Segro sold its stake in a joint venture with Tesco to British Land.
123jump.com Staff
30 Dec, 2009
New York City
Banks and retailers were among the most active stocks in New York. Security technology related stocks surged after a failed terrorist attempt to explode a device on a flight. CareFusion declined after the parent Cardinal Health plans to sell more stocks. Trico Marine Services guided earnings lower.
123jump.com Staff
30 Dec, 2009
New York City
U.S. stocks wavered in the morning trading. The dollar firmed after the business activity measure suggested a larger expected increase in December. Gold and crude oil traded lower.
