Money News: Greece Austerity Issues Back On Track; Global Markets Split 50/50

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The DOW Jones Industrial Average fell to the bear with minimal losses regaining lost territory as the Eurozone hammered out a workable deal with Greece bringing the global markets back into the usual roller coaster market ride.

The DOW opened the trading week down with the entire week filled with strong rallies and equally sharp declines. The volatile market responding to the global trending Greece Eurozone uncertainty. By weeks end the market had ridden the tumultuous week surviving with only minimal losses.

The DOW ended the trading week down at 18,086.45 (-33.80/-0.19%). Opening at 18,117.58, the DOW held a day range of 18,032.06-to-18,121.12.

Gainers include Etsy Inc (+5.15/+30.60%) with a closing price of $21.98 per share, Google Inc [GOOGL](+97.84/+16.26%) with a closing price of $699.62 per share, Google Inc [GOOG] also closed up at $672.93 for a gain of (+93.08/+16.05%) and Ophthotech Corp closing up at $69.93 per share for a gain of (+8.14/+13.17%)

Losers for the week include Intra-Cellular Therapies, Inc closing down at $33.37 per share for a loss of (-2.94/-8.10%), Caesars Acquisitions Co closing down at $7.54 with a loss of (-0.52/-6.45%), PDC Energy, Inc (-3.07/-6.25%) with a closing price of $46.03, and Vanguard Natural Resource LLC (-0.78/-6.24%) with a closing price of $11.72.

Active for the week included Facebook Inc in strong trading moved 54.00M shares, closing up at $94.97 per share for a gain of (+4.53%), Apple Inc also in strong trading moved 46.16M shares closing up at $129.62 per share with a gain of (+0.86%), Intel Corp in strong trading moved 43.70M shares closing down at $29.47 per share with a loss of (-1.44%), Frontier Communications Corp moved 41.80M shares in strong trading to close up at $5.14 per share for a gain of (+2.19%).

The NASDAQ closed up at 5,210.14 for a gain of (+46.96/+0.91%).

The S&P 500 also closed up at 2,126.64 for a gain of (+2.35/+0.11%).

World Markets 50/50 Split

The ten most watched world markets closed the trading week with a 50/50 split. The North American Markets including the DOW Jones Industrial, and Mexico's IPC and Canada's S&P TSX Composite, Central Europe's London's FTSE 100 and Germany's DAX all closed down. The Asian Markets including the Hong Kong Hang Seng, Shanghai Composite, SENEX of India, and Japan's highly traded Nikkei 225, CAC 40 of France as well as the NASDAQ and the S&P500 all closed up.

Nikkei 225

The Japanese Nikkei 225, began the trading week weak, as all world markets. By mid-day Tuesday the Nikkei had begun a rally that continued through the week, with a slow and calm climb ending with double digit gains.

The Nikkei closed the trading week up at 20,650.92 with double digit loss of (+50.80/+0.25%). 

Gainers for the week include Sumco Corp (+55.00/+4.09%), Unitika Ltd (+2.00/+3.45%), Tokyo Tatemono Co Ltd (+54.00/+3.23%), Sumitomo Mitsui Trust Holdings Inc (+17.00/+2.99%).

Losers include Sharp Corp (-6.00/-3.49), Yokohama Rubber Co Ltd (-50.00/-2.05%), Nippon Paper Industries Co Ltd (-41.00/-1.94%) and Toho Co Ltd (-55.00/-1.80%).

Active on the Nikkei include Mizuho Financial Group Inc, in 30 straight weeks of strong trading, moving 146.11 shares to close up at ¥270.30 for a gain of (+0.48%), Sharp Corp, also in strong trading, moved 71.33M shares to close down at ¥166.00 for a loss of (-3.49%), and Toshiba Corp in medium trading, moved 61.67M shares to close up at ¥376.80 for a gain of (+2.03%), Mitsubishi UFJ Financial Group Inc, in medium trading moved 58.67M shares to close up at ¥903.60 for a gain of (+1.36%).

FTSE 100

London Markets, began the week still reeling from the unsettled financial crisis in Greece, and slowly, mirroring half of the ten most watched markets, began a slow steady rally which climbed throughout the remainder of the week.

The gains, unfortunately were not enough, and the London Markets closed down at 6,775.08 with double digits losses of (-21.37/-0.31%).

Gainers in the FTSE 100 include easyJet PLC (+32.00/+1.92%), TUI AG (+18.97/+1.75%), International Consolidation Airlines Group (+9.19/+1.65%) and Sports Direct International PLC (+10.00/+1.36%).

Losers include Royal Mail PLC (-16.50/-3.13%), Randgold Resources Ltd (-89.00/-2.18%), Fresnillo PLC (-12.50/-1.87%), and Anglo American PLC (-14.90/-1.67%).

Active on the FTSE 100 included Lloyds Banking Group PLC moving 110.71M shares in strong trading, closed up at €87.37 for a gain of (+0.99%), Glencore PLC, in mild trading moved 30.64M shares to close down at €242.46 per share for a loss of (-1.18%), Barclays PLC, in light trading moved 25.76M shares to close up at €280.25 per share for a gain of (+0.09%),Vodafone Group PLC in mild trading moved 23.28M shares to close down at €237.60 for a loss of (-0.17%).

Hang Seng Index 

The Hang Seng Index began the trading week down and began a slow and steady rally that continued, with limited declines, the Hang Seng closed the trading week up with triple digit gains.

The Hang Seng closed up at 24,415.27 with triple digit gains of (+252.49/+1.00%).

Gainers on the Hang Seng Index include Belle International Holding Ltd (+0.38/+4.55), Lenovo Group Ltd (+0.33/+3.56%), Kunlun Energy Co Ltd (+0.21/+2.97%), Li & Fung Ltd (+0.16/+2.69%).

Active trading on the Hang Seng Hong Kong Index includes Bank of China Ltd, in heavy trading, moved 193.34M shares to close up at HK$4.49 (+0.90%), China Construction Bank Corp, also in heavy trading moved 161.69M shares to close up at HDK$6.56 (+0.92%), Industrial and Commercial Bank of China Ltd, in strong trading, moved 136.27M shares to close up at HK$5.72 (+0.70%), and China Petroleum & Chemical Corp in strong trading moved 64.34M shares to close down HK$6.19 (-0.16%).

Losers for the week include China Resources Power Holdings Co Ltd (-0.25/-1.20%), Hong Kong and China Gas Co Ltd (Hong Kong) (-0.08/-0.50), Hengan International Group Co Ltd (Hong Kong) (-0.25/-0.28%), China Resources Land Ltd (-0.05/-0.22%).

Source: Bing Finance


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