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Increases on the US markets

Viliyana Filipova — Sat, 28 May 2011 05:41:57 +0000

The U.S. indexes ended Friday’s session with modest increases, but recorded weekly losses under the pressure of recent economic data. The Dow Jones Industrial Average rose 0.3 percent to 12 441.58 points on Friday. For the week the blue chip index fell 0.6 percent, this being the fourth consecutive week of decline for the index. The S & P 500 rose 0.4 percent to 1331.10 points on Friday, all 10 sectors grew. Weekly S & P 500 fell 0.2 percent and this is the fourth weekly loss for him. The Nasdaq Composite adding 0.5 percent to 2796.86 points. Index marks a decrease of 0.2 percent for the week, which is the second consecutive weekly decline.
The shares received some support during the day the index of the University of Michigan consumer confidence for May, which rose more than expected. Disappointing decline of 11.6 percent of the planned residential sales in April, however, “took the wind of positive data on consumer confidence, told CNN Money Mark Padoa, market strategist at Cantor Fitzgerald.
Overall, this month is a difficult period for U.S. shares, as optimism over positive corporate results is diminished by signs that the economy may be entering a slower phase. The U.S. financial markets will remain closed on Monday for the Day of Memorial, which is a national holiday.

Strong increases on the Asian indexes

Viliyana Filipova — Wed, 30 Mar 2011 11:37:55 +0000

The indexes in the Asian and Pacific region came in positive territory in today’s session amid reports that some prisons for tsunami and earthquake in Japan’s factories will soon resume its activities. The regional index MSCI Asia Pacific rose strongly by 1.3 percent to 134.84 points and is on track to finish today’s session at its highest level since the earthquake on March 11 onwards. The shares of Hitachi rose nearly 9% on the Tokyo Stock Exchange after it became clear that the main factory of the manufacturer of consumer electronics in the country will reopen in April. A strong presentation and the second largest construction company in Hong Kong – Cheung Kong Holdings, because of strong expectations of financial results for 2010 As a result, its shares rose 2.6 percent on the stock exchange in Hong Kong. The leading stock index in Japan, the Nikkei 225 rose strongly by 2.6% to 9 708.79 points, which helped and good data on the increase in industrial production in the country in February. The shares of the third-largest car company in the country Nissan Motor rose 3.8 percent after its management announced that by the end of June activities in its factories in Japan will return to their normal pace. The Hang Seng added 1.7% to 23 451.40 points, while South Korea’s Kospi rose 0.9 percent to 2 091.38 points. The Australian Index S & P / ASX 200 rose 1.4 percent to 4 822.20 points, led by mining companies, and broad Chinese Shanghai Composite Index ended the session almost unchanged.
MSCI Asia Pacific has lost 3.4 percent since the beginning of this year because of the sale of shares caused by the tightening of monetary policy in China and worries caused by the earthquake and tsunami nuclear crisis in Japan. Meanwhile, the U.S. Index S & P 500 rose 4.9 percent while Europe’s Stoxx Europe 600 added 0.3 percent to its value during the quarter.

The crude oil price increase still keep the European stocks on red

Viliyana Filipova — Thu, 24 Feb 2011 23:19:47 +0000

The European stocks fell for a fifth straight day because of ongoing violence in Lebanon, which sent oil prices to the highest level of 29 months. The pan-European Stoxx Europe 600 index slid 0.6 percent to 280.56 points to its lowest level for that month. The opponents of the regime of Muammar Gaddafi solidified its control over cities in the oil-rich eastern part of the country while he continues to hold Tripoli, using tanks to block roads. The crude oil for delivery in April hit 103.41 dollars – the highest intraday value of 29 September 2008, the New York Mercantile Exchange. The major national indexes fell on 12 of the 18 western European markets. Germany’s DAX slid 0.9 percent to 7 130.50 points, while Britain’s FTSE 100 and France’s CAC 40 fell less than 0.1%. The losses in European markets were offset in part after the initial report on applications for unemployment benefits in the U.S. fell more than expected last week. The shares of Porsche SE fell by 11% after the company announced that its merger with Volkswagen AG will probably be postponed. On the winning side became the third largest French bank – Credit Agricole SA, the loss for the quarter was less than expected thanks to the profits of the division of its investment banking.

US indexes closed on unstable position

Viliyana Filipova — Wed, 06 Oct 2010 12:18:19 +0000

The U.S. indexes ended the session mixed on Wednesday, amid disappointing data on job creation and once on Tuesday went up to 5-month high. Data for new jobs “disappointed on all paragraphs,” says analyst Action Economics. After a highly volatile session Dow Jones Industrial Average rose 0.21 percent to 10,968 points. General Electric Co. was the best performing company in the index and the shares gained over 2%. General Electric, the largest U.S. conglomerate announced a deal for $ 3 billion acquisition of Dresser Inc. and also announced it will buy assets for 1.6 billion dollars from Citigroup Inc. Shares of aluminum producer Alcoa Inc also increased. The S & P 500 Index fell 0.07 percent in 1160 points from the ten sectors of the index, the least is known telecom companies and the most energy. The Nasdaq Composite Index fell 0.80 percent to 2381 points. Data on Employment Agency revealed that in September lost 39 thousand jobs instead discovered 20 thousand new as predicted – the first loss positions in seven months. Despite the negative report on employment encourages bearish sentiment, it also feeds speculation that the Fed may take further actions to support the U.S. economy.
The yield on the 2-year and 10-year U.S. government bonds hit a record low. In early November, the Fed is expected to decide on acquisition of additional quantities of U.S. bonds.

Asian markets turned back

Viliyana Filipova — Thu, 20 May 2010 10:08:31 +0000

The stock market indexes in Asia and the Pacific region remained negative territory for the fifth session today because of concerns about Debt Crisis in Europe and the imposition of additional restrictions in Germany on securities trading in financial markets. The regional MSCI Asia Pacific Index fell 1.8 percent to 112.69 points and is on track to finish the session at its lowest level since the beginning of September 2009, according to Bloomberg. Regional stock measure goes down rapidly in the last month, having completed all sessions of decline since the beginning of May, not two. Regional economic data today showed that Japan’s economy has surged for the fourth consecutive quarter, which, however, was weaker than expected amount of 1.2% quarterly and 4.9% of equated to annual basis. Meanwhile, Singapore has announced record growth of 38.6 percent on an annual basis aligned to the base. Nevertheless, the exchange in Tokyo the Nikkei 225 fell by 1,5% to 10 030.31 points and the Singapore Straits Times index major retreat by 0,4% to 2 763.89 points. Most among national indexes in the region, however, lower South Korean Kospi, which lost 1.8 percent to 1600 points. This gave rise to the news that South Korea has accused its northern communist neighbor that has sunk its warship in March with a torpedo.
Asian investors remained cautious exchanges because of yesterday’s surprise decision to ban Germany uncovered short sales of the largest banks and insurers in the country to Mar. 2011, and speculation with swaps for protection against default of the euro area. Rising raw materials failed to support the mining companies on the stock exchange in Sydney, which are among the best losers in this month because the Australian Government’s intentions to raise taxes on their profits. Australian index of blue chip S & P / ASX fell 200 by 1,6% to 4316 points, while New Zealand’s NZX 50 fell by 0,3% to 3 111.42 points. Wide Chinese Shanghai Composite Index ended the session with a decline of 1.2% to 2 555.94 points and Hong Kong Hang Seng retreated by 0.2% to 19 545.83 points worries that the appreciation of the dollar and the debt crisis in Europe will slow the growth of Chinese economy. China’s currency is pegged to the U.S. dollar, which means that exports of local producers around the world without the United States, more expensive with U.S. money.

Growing on Wall Street

Viliyana Filipova — Sat, 10 Apr 2010 03:40:17 +0000

Friday’s trading session began with the U.S. increased for all three major indexes, after investor confidence that the economy will continue to recover, took precedence over concerns about Debt Crisis in Greece. On Monday begins a new season in the U.S. corporate financial results with the aluminum producer Alcoa for the first quarter of this year. The only economic data out today showed that stocks of finished goods to wholesalers in the U.S. rose more than expected in February to 0.6 percent on a monthly basis. Their increase in January amounted to 0.1 per cent. The increase in stocks of finished goods is a sign to reduce business costs in the future because chains wholesale are more likely to buy new goods when their stocks are exhausted. Index Dow Jones Industrial Average, which unites 30 largest stock companies and liquidity in the U.S. increased by 0.3% to 10 958.13 points an hour after the start of the session. Since the beginning of the week he was on the verge of psychological level of 11 thousand points, but unable to move. The broader S & P 500 added 0.2 percent to 1 189.06 points, supported mainly by energy companies and consumer sectors. Meanwhile, the main stock index, Nasdaq – Nasdaq Composite, also rose 0.2% to 2 439.71 points. Yesterday’s volatile session brought mild increases in the indexes after the best sales figures of some of the largest chains of retail in the U.S. in March. They managed to offset the news of the increase in new applications for unemployment benefits last week.
The U.S. Dollar cheaper against the euro, British pound and Swiss franc, and the price of oil rose by 0.6 percent to 85.94 dollars a barrel. One ounce of gold traded vs 1 554.95 dollars, which is 0.4 percent above yesterday’s levels. The yield on 10-year U.S. government bonds rose by 1 basis points to 3.92 percent.

Crude Oil jumped to a 17-month high

Viliyana Filipova — Thu, 01 Apr 2010 12:33:16 +0000

The Crude Oil prices rose significantly yesterday, which brought the quotations to their highest level in 17 months. Major role played this retreat of the dollar, which yesterday fell 0.7 percent against the euro. The decline in dollar gaining strength and now March 25 dollar index has lost 1.3 percent of its value. This triggers an increased interest in investing in raw materials and helps the price of oil. Yesterday in New York oil price with delivery in May rose 1.7 percent to 83.76 dollars a barrel. So quotations have reached their highest level since October 9, 2008 to date. In times of e-commerce and optimism was chilled with black gold retreated 0.4 percent to 83.43 dollars a barrel. This is mainly due to the surprise drop in U.S. jobs last month, and the unexpectedly high growth of oil stocks in the U.S. economy. Tomorrow the stock exchange in New York there will be no trading session, as the Christian world prepares to meet on Easter. Exchange in London yesterday of Brent oil rose 1.8 percent to 82.70 dollars a barrel.
This morning there is a retreat of 0.35 percent and barrel Brent with delivery in May traded at 82.40 dollars.

Hard increase of US indexes

Viliyana Filipova — Wed, 31 Mar 2010 12:52:08 +0000

The latest this week in the U.S. trading session began with strong increases in three major indexes, after earlier today showed that initial unemployment in the country has fallen to its lowest level in 19 months, while factory activity in the sector reached its highest point for six years. The index of 30 largest and most traded companies in the Dow Jones IA U.S. rose by 0.7% to 10 396.82 points one hour after the start of the session. The broader S & P 500 advanced by 0.8% to 1 179.14 points and Nasdaq Exchange main index Nasdaq Composite, meanwhile, added 0.7 percent in value to 2 415.13 points. Stock optimism today was supported by data on the labor market, which showed that the planned redundancies reduced for the 13th consecutive month in March, and new applications for unemployment benefits fell to its lowest level since August 2009 here. The number of long-term unemployed Americans is also reduced. Finance Minister of the United States, however, warned in a television interview today that unemployment in the U.S. can remain “unacceptably high” for an extended period of time. He stated that at this stage, the country can not afford to reduce its budget deficit at the expense of supporting the economy forward CNBC. Even better were the data after the start of today’s trading session, which showed that U.S. factory sector recover more quickly from the crisis. The index, which monitors business activity in it, rose for the eighth consecutive month in March and reached 59.6 points to its highest level in six years.
Earlier today it became clear that activity in the manufacturing sector in Australia, China, Britain, Japan, Switzerland and the euro area is also growing in March and it faster than expected. The news supported the hopes that the gradual recovery of world economy will continue this year. Yesterday’s session brought three index decreases after it became clear that cuts in the U.S. private sector grew unexpectedly in March. However, the quarter brought a 4.1% rise in Dow Jones IA, while the S & P rose 4.9% and Nasdaq Composite rose the most, after record quarterly growth of 5.7 per cent.

Asian Indexes on red again

Viliyana Filipova — Thu, 18 Mar 2010 16:19:30 +0000

Most major stock indexes in Asia and the Pacific withdrew to negative territory today after strong growth, which reported on Wednesday. Most of the stocks suffered sell-offs of Japanese exporters and those companies from the real estate sector. The regional index MSCI Asia Pacific, which includes stock companies from ten Asian countries plus Australia and New Zealand, losing 0.3 percent of its value today at 124.58 points after the end of yesterday’s session, rose by 1.5% to its highest level in two months. Despite the concerns of investors that are soon to tighten monetary policy in China and the U.S. stock indexes rally in Asia continued during the past six weeks. However, according to some financial analysts has made an assessment of market shares in the region too high. The index of blue chips in Japan, the Nikkei 225 slid 1 percent to 10 744 points yesterday after having surged by 1.2 percent. Shares of Canon and Mazda dropped by more than 2 percent after the yen rose against all major currencies. This makes the price of goods of Japanese exporters higher on foreign markets. Yesterday the Japanese central bank doubled the amount of the special program for lending to commercial banks in the country to 222 billion dollars. Shortly thereafter, the World Bank increased its forecast for economic growth in China, as already expected growth of 9.5 percent this year. Wide Chinese Shanghai Composite Index fell less with 0.1% to 3 046 points and the exchange in Hong Kong Hang Seng lost 0.3% to 21 330.67 points. Today it became clear that the Chinese government will carry out “stress tests” in 12 industries to assess the impact of any lifting of the yuan exchange rate.
The session brought increases in the indexes in the Pacific region, Taiwan and the Philippines. The Australian Index S & P / ASX 200 added 0.2 percent to 4 863 points, while in New Zealand’s leading stock measure NZX 50 advanced 0.6 percent to 3 220.69 points, having made its first rise for the past three sessions.

US indexes dropped from Friday results

Viliyana Filipova — Mon, 08 Mar 2010 15:40:49 +0000

Lack of important economic data in the early weeks of the new exchange led to the tentative start of today’s session on Wall Street. All three major indexes found themselves in positive territory in early trade but shortly thereafter changed direction and gravitate around the neutral zone. Dow Jones Industrial Average, which brings together 30 most actively traded stock in U.S. companies with the highest market capitalization remains unchanged at 10 570.51 points by one hour after the start of trade. Broader index S & P 500, meanwhile rose by 0,1 percent to 1 138.68 points. On the Nasdaq stock exchange, however, the main Nasdaq Composite index rose by 0.2% to 2 330.15 points, which is its highest level since early September 2008, technology companies are among the most profitable today, but those in the health sector is ranked among the top losers in the trade. The last session last week led to significant increases in the indexes after the data on the labor market showed that unemployment in the United States remains at a level of 9.7 percent for the second consecutive month in February, but the cuts in non-agricultural sectors of the economy fell more than expected. Trading last week was volatile because of the key data on employment in the sectors of U.S. economy and may continue to be volatile in coming days and because of scarce economic data.
The Shares of AIG risen by 5.3 percent to 29.56 dollars as the reason for this given the news that the U.S. insurance company will sell its international life assurance unit Alico for 15.5 billion dollars. Buyer in the transaction will be the largest U.S. life insurance company MetLife, whose shares Increase 4.3% to 40.61 dollars on the New York Stock Exchange. Meanwhile, oil prices rose by 0.4 percent to 81.83 dollars a barrel, while gold cheaper by 0.6% to 1 125.20 dollars an ounce. The yield on ten-year U.S. government securities decreased by one basis points to 3.71 percent of the market in debt securities.