123jump.com Staff
05 Sep, 2006
New York City
Market averages gained a little in a lackluster trading on a moderate volume. Shares of Chevron, Statoil and Devon Energy advacned on the news that the consortium of three companies have discovered oil in the Gulf of Mexico region. Ford Motor appointed Alan Mulally as its CEO and president. Oil dropped but gold advanced. Asian and European markets closed lower.
Ivaylo
05 Sep, 2006
New York City
In Japan, investors made profits in Toshiba and other leading shares after the index notched a three-month closing high in the previous session. Australian insurance broker OAMPS rallied after getting a takeover offer, while Australia''s S&P/ASX 200 index advanced 0.4% at 5,150.60, after touching a fresh four-month high in morning trading. Shares in Singapore and Taiwan traded flat. Hang Seng in Hong Kong finished down 0.4%
Ivaylo
05 Sep, 2006
Frankfurt
Europe is waiting for U.S. direction, though the oil-services sector drew attention after Compagnie Generale de Geophysique of France agreed to buy one company and after Wood Group said it will beat profit forecasts for the year. The U.K. FTSE 100 index edged down 0.2%, the German DAX Xetra 30 index declined 0.2% and the French CAC-40 index decreased 0.3%.
123jump.com Staff
04 Sep, 2006
New York City
Markets around the world continued their climb on first day of trading this week. Asian markets were led higher by a sharp advance in Japan, Taiwan, India and Indonesia. Exporters led the advancers in Japan. European markets closed higher led by mining and defense stocks. Oil fell 2%, but Norway and Russia closed higher. Brazil and Mexico gained 1% at close. South Africa closed to a new high.
Elena
04 Sep, 2006
Frankfurt
European stock markets finished higher, boosted by strong gains from resource companies which helped offset some mixed corporate news. Among leading miners, BHP Billiton gained 1.4%, Rio Tinto rose 1.8%, and Anglo American jumped 3.8%. The German DAX 30 closed up 0.6%, the French CAC 40 advanced 0.4%, and London FTSE 100 rose 0.6%.
123jump.com Staff
04 Sep, 2006
Mumbai
The Sensex finished vey near the psychological 12,000 level, after reaching highs at regular intervals today. BSE and NSE indexes rose 1.2%. News that the government may not place a ban on participatory notes also brightened trading. Tata Motors and Maruti led the advance, while Hero Honda declined the most. Indian governemet allows duty wheat shipment from private companies.
Ivaylo
04 Sep, 2006
New York City
The advance was broad-based with tech stocks as Nikon and Canon jumping after a strong U.S. jobs report on Friday eased concerns of further interest rate hikes. Japanese stocks were also supported by data showing capital spending by Japanese corporations surged 16.6% in the April to June quarter from a year ago.
Ivaylo
04 Sep, 2006
Frankfurt
European shares traded higher on Monday, lifted by a higher U.S. close on Friday, as investors observed some mixed corporate news on the U.S. Labor Day holiday. The increase in U.S. jobs suggests that the Fed will find it harder to hike rates, at least in the near term, which boosted the markets. The U.K. FTSE 100 index rose 0.1%, the German DAX Xetra 30 index gained 0.4% and the French CAC-40 advanced 0.2%.
Ivaylo
04 Sep, 2006
Metals
Copper prices gained slightly on Friday in spite of the end of a strike by miners in Chile, as traders settled positions before the three-day Labor Day weekend. Gold and silver futures closed slightly mixed after early weakness. Some of the rebound was linked to a reluctance to be short before the weekend, due to some of the ongoing tensions in the Middle East.
123jump.com Staff
01 Sep, 2006
New York City
Light trading volume and non-farm payroll datadominated trading environment in the session. Market averages rose in the monring and mainted the upward bias for the day. The three popular indexes closed near the high for the day. GM reported 3.9% rise in auto sales in August and sales at Ford dropped 12% and at Chrysler dropped 4.2%. August payroll rose at a moderate rate but July construction spending dropped 1.2%. Brazil stock market index surged 3%.
Elena
01 Sep, 2006
Frankfurt
European markets finished at a three-month high on Friday, supported by well received U.S. job-creation data that helped ease interest-rate fears and corporate news from French drug maker Sanofi-Aventis. Regional gainers were led by London FTSE 100 with an advance of 0.7%, followed by the French CAC 40, up 0.4%, and the German DAX 300, up 0.3%.
Elena
01 Sep, 2006
New York City
Summa Industry shares soared 73% after the company agreed to be acquired by Habasit Holding AG, a private Swiss firm, for $15 per share. OmniVision Technologies fell 7.3% despite reporting Q1 net income rose 28 cents a share from 25 cents a share last year on revenue growth.
Elena
01 Sep, 2006
Mumbai
The market witnessed a sustained rise today, as investors showed renewed interest in blue-chips. Reports that the government has decided against an increase in domestic fuel prices supported the Sensex. Auto stocks led the gainers, while select software and telecom stocks sank. ICICI added 2% and Reliance Industries also edged up. The wholesale index in the last twelve months jumped to 4.91% from 3.71% a year ago.
Elena
01 Sep, 2006
New York City
Stocks opened higher Friday on news that wage inflation was tamer-than-expected in August. Another report showed that construction spending fell 1.2% in July following an upwardly revised 0.4% increase in June. Economists had expected spending to come in unchanged compared to the 0.3% increase originally reported. Bristol-Myers Squibb rose 4.8% after a judge blocked sales of a generic form of the drug maker''''''''s blood-thinning drug, Plavix, citing possible patent infringement.
Elena
01 Sep, 2006
New York City
The employment report showed that U.S. firms continued to hire workers at a steady, but moderate pace in August. The unemployment rate inched lower to 4.7% in August from 4.8% in July. Average hourly earnings rose by 2 cents, or 0.1%, to $16.79. Average wages were expected to rise 0.3%.
