Posts Tagged ‘Stock’
U.S. stock market weakened again due to negative sentiment from the energy sector. However, the share of consumption sectors, including tobacco listed issuers have increased. Shares of Coca-Cola Co. and Procter & Gamble Co. are two of the Dow Jones Industrial issuers that registered a significant increase. Coca-Cola rose 1.6 percent to USD51, 08 and P & G rose 1.4 percent to $ 60, 62.
Sektior consumption shares rose after the government said personal spending rose above expectations in the period May Whereas, in April earlier this data was recorded flat.
Meanwhile, stock prices of tobacco companies have rallied after the U.S. Supreme Court rejected the U.S. government’s efforts to obtain compensation fund from losses that arise from the tobacco industry. Altria Group Inc. climbed 3.3 percent to $ 20, 34 and Reynolds American Inc. jumped as much as 4.1 percent to USD53, 45. Then, the Dow Jones index Tobacco (DJUSTB) rose to 1.8 percent. Read the rest of this entry »
U.S. stocks turned up or rebound sharply on Monday (05/10/2010) local time with the blue chip Dow index closed up nearly 4 percent after a massive rescue package for the euro zone reduce investor fears of debt crisis. Dow Jones Industrial Average jumped 404.71 points (3.90 percent) to 10785.14 following a turbulent week for Wall Street which saw the index had dropped nearly 1,000 points on Thursday.
Following a strong rise by the Asian and European stocks, the Dow recorded their greatest increase in a single session since March 2009. The Nasdaq composite index rose 109.03 points (4.81 percent) to 2374.67, the first triple-digit daily increase since October 2008, while the index of the Standard & Poor’s 500 rose 48.85 points (4.40 percent) to 1159.73 .
Investors reacted positively to the joint adoption by the European Union and the International Monetary Fund, Monday, the beginning of 750 billion euro aid package (about 1 trillion U.S. dollars) to neighboring Greece and the euro zone to ease the crisis that threatens the global economic recovery. Read the rest of this entry »
The stock market is the United States (U.S.) showed optimism in line with economic data that show the recovery on track. Also due to the bailout has been agreed upon by the Greek international monetary fund (IMF) and the European Union (EU).
As quoted from Reuters, Tuesday (04/05/2010), U.S. manufacturing sector in April grew rapidly for nearly six years. While the government reported unexpected increases in spending for construction in March, marking the first advances since October last.
Manufacturing data proved to boost the share of manufacturing companies, including Caterpillar Inc., which rose 2.7 percent to USD69, 94. So also share and 3M Co. rose 1.5 percent to USD89, 98. Read the rest of this entry »
Strengthening the share price index on Wall Street early this morning apparently followed by a number of major exchanges in Asia. Index increase occurs due to the enthusiasm of investors in Asia on U.S. economic growth and the debt crisis resolution efforts in several European countries.
In exchange for Friday afternoon, Japan’s Nikkei 225 index climbed 132.61 points (1.2 percent) to 11057.40 and the Hang Seng index in Hong Kong rose 1.1 percent to 21013.28. So it is with South Korea’s Kospi index, rose 0.8 percent to 1741.56. Strengthening the stock price index also hit bourses in Australia, India and Singapore. In contrast, China’s stock index fell 1 percent.
Investors enthusiastically shares hear reports from the Department of Labor that the number of new applicants for unemployment benefits last week fell by 11,000 people to 448 000 applicants. This represents a decrease in two consecutive weeks and became an important indicator to predict whether the level of unemployment in the U.S. can now pressed. Read the rest of this entry »
World stock markets continued to decline due to continued concerns related to the impact of the crisis Greece after rating agency Standard and Poor’s lowered the ratings of debt of Greece to the status of ‘junk’ (garbage) and also cut its rating of Portugal. As quoted from Bloomberg, Thursday (4/29/2010), the Greek debt ratings downgrade by Standard and Poor’s make investors afraid to invest their capital.
Investors assume that European leaders failed to overcome the current crisis, Greece and the crisis will be “contagious” to other European countries are much weaker.
“Investors fear the crisis will continue to widen, and that’s a good excuse for them to take their capital,” said one investor in Spreadex, Andrew Sykes. Read the rest of this entry »