Money News: US Markets Remain Steady; Europe Markets Face Loss; Asian Divided

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The four major U.S. Indices, Dow Jones Industrial Average, NASDAQ, S&P 500 and Russell 2000 rallied over the past week as investors slowly, with trepidation, began to rally behind the markets leading the slight recovery from the massive recent global melt down.


The DOW opened at 16,677.04 as the markets fluctuated throughout the week experiencing small gains, finally evening out and rallying, they did manage to gain most of the triple digit loss experienced in the past two weeks. The rally was enough to propel the DOW into the high 16,000’s with the market closing up at 16,805.41with a net gain of (+127.51/+0.76%).

The winners for the week include BJ’s Restaurant (+8.595/+26.96%) trading with a closing price of $42.15 per share, Realpage Inc (+2.23/+13.83%) closing up at $18.35 per share, Spectranetics Corp at $31.00 per share up (+3.67/+13.43%) and Constant Contact Inc  at $32.01per share up (+2.85/+9.77%).

Technology stocks were active on the DOW throughout the past week with Microsoft Corp in heavy trading moved 61.08M shares closing up at $46.13 with a gain of +2.53%, Apple Inc moved 47.05M shares in medium trading for a gain of +0.46% closing at $105.22 per share, Yahoo in medium trading moved 33.81M shares for a gain of +2.11% closing at $43.50 per share, Facebook Inc moving 32.25M shares in medium trading to close at $80.67 up +0.79%

The NASDAQ ran alongside the DOW and recovered albeit slightly with double digits gains. NASDAQ closed up at 4483.72 with a gain of (+30.92/+0.69%).

The S&P 500 also experienced small gains closing slightly up at 1964.58, with a gain of (+13.76/+0.71%).

Russell 2000 closed up, experiencing smaller double digit gains, at 1,118.82 with a gain of (+2.33/+0.21%).

World Markets

The ten most watched world markets Canada’s S&P TSX Composite, the Dow Jones Industrial Average of the U.S., Mexico’s IPC, London’s FTSE 100, CAC 40 of France, Germany’s DAX, the SENEX of India, the Hong Kong Hang Seng Index, Japan’s Nekkei 225 and the Shanghai Composite were split as Europe and Asia  markets fell.

The week left at 60/40 split with continued losses in the Asian Markets with Nikkei 225 recovering and the Hang Seng and Shanghai tumbling. Of the European Markets London, France and Germany saw losses and Mexico also closed down.

Nikkei 225

The Japanese Nikkei 225, recovered over the past week steadily advancing the Nikkei 225 closed up rallying to triple digit gains closing at 15,291.64 with a gain of (-152.68/-1.01%).  

Gainers for the week include Toho Zinc Co Ltd (+19.00/+5.56%), Takara Holdings Inc  (+39.00/+5.15%) and Sumco Corp (+45.00/+3.65%) and Hitachi Ltd (+27.50/+3.455%),

Losers include Ube Industries Ltd (-4.00/-2.50%), Honda Motor Co Ltd (-43.50/-1.29%), Mitsui O SK Lines Ltd (-4.00/-1.18%) and Pioneer Corp (-3.00/-1.08%).

Movers on the Nikkei include Mizuho Financial Group moved 96.14M shares in heavy trading and closed up at ¥188.10 for a gain of(+0.59%), Unitika Ltd in strong trading moved 72.12M shares and closed up at (+2.22%) at ¥46.00 per share, Mitsubishi UFJ Financial in medium trading moved 37.05M shares to close up at ¥583.20 per share for a net gain of (+0.73%) and Hitachi Ltd in light trading at 30.14M shares to close up at ¥803.10 per share for a net gain of (+3.55%).

FTSE 100

London Markets, in moderate trading, mirrored the U.S. DOW and managed to gain slightly although not enough to close up. The FTSE closed down 6388.73 with a loss of (-30.42/-0.47%).

Big winners in the FTSE 100 include Shire PLC (+155.00/+3.98%), Vodafone Group PLC (+3.65/+1.85%), Standard Chartered (+16.00/+1.46%) and Old Mutual PLC  (+1.20/+0.65%).

Losers include Pearson PLC (-30.00/-1.57%), G4S PLC (-6.20/-2.41%), Anglo American PLC (-32.00/-2.39%) and Tullow Oil PLC (-10.90/-2.16%).

Active on the FTSE 100 includes Lloyds Banking Group moved 96.16M shares continuing its run with a fifth straight week of solid trading to close up at €76.72 for a gain of +0.51% , Vodafone Group PLC moved 126.63M shares, also riding a fifth straight week of solid trading closed up at €200.50 with a gain of +1.85% and Barclays PLC moved 39.09M shares closing at €226.35 for a net gain of +0.20%.

Hang Seng Index

The Hang Sang Index, always a roller coaster, mirrored the Shanghai Composite and tumbled and suffered minor losses and closed down at 23,302.20 with a net loss of (-30.98/-0.13%).

Gainers on the Hang Seng Index include China Mobile Ltd (Hong Kong) (+1.90/+2.16%), China Unicom (Hong Kong) (+0.14/+1.28%), Sino Land Co Ltd (+0.06/+0.47%), CNOOC Ltd (+0.46/+3.83%).

Active trading on the Heng Seng Hong Kong Index includes Bank of China Ltd moving, in heavy trading, 295.13M shares closing with equal splt at HK$3.59 and China Construction Ltd in heavy trading moved 218.61M shares closing down at HDK$5.59 with a loss of (-0.71%).

Losers for the week include Galaxy Entertainment down (-0.80/-1.62%), Henderson Land Development (-0.65/-1.23%) and China Resources Lang (-0.30/-1.67%).

Source: Bing Finance


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