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| Subject: International markets roundupThursday 15/3/2012 week 11 | |
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Author: AAP – 1 hour 19 minutes ago |
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Date Posted: 14:43:24 03/14/12 Wed ..International markets roundup AAP – 1 hour 19 minutes ago .... Share0EmailPrint..... A roundup of trading on major world markets: NEW YORK - US stock markets traded mixed on Wednesday, holding onto most of the gains made in Tuesday's huge bank-driven rally. The Dow Jones Industrial Average closed up 16.42 points (0.12 per cent) to 13,2194.10 in closing trade. The broad-market S&P 500 gave up 1.67 points (0.12 per cent) to 1,394.287, while the tech-rich Nasdaq Composite added 0.85 points (0.03 per cent) to 3,040.73. The quiet day followed the biggest rally of the year on Tuesday, which left the Dow at 13,177.68, its highest level since 2007, a year before the Wall Street financial meltdown. LONDON - Europe's main stock markets ended mixed a day after a bullish economic outlook by the US Federal Reserve sent Wall Street shares to their highest level since December 2007. At closing, London's benchmark FTSE 100 index fell 0.18 per cent to 5945.43 points and in Paris, the CAC 40 added 0.40 per cent to 3564.51 point. Frankfurt's DAX 30 jumped 1.19 per cent to 7079.42 points, as investors also digested results from pharmaceuticals and chemicals giant Bayer and power supplier E.ON. Elsewhere, Madrid rose by 0.17 per cent, Milan by 0.31 per cent, Brussels by 0.36 per cent and Amsterdam by 0.52 per cent. Lisbon fell by 0.74 per cent, In foreign exchange trade, the European single currency dipped to $US1.3028 from $1.3075 late in New York on Tuesday. HONG KONG - Asian markets mostly rose after the Dow Jones hit a more than four-year high, while the US Fed gave an upbeat assessment of the economy and top US banks passed crucial stress tests. The US dollar soared to an 11-month high above Y83, sending Tokyo shares surging on Wednesday, while the sense of optimism was boosted by a surprise move by Fitch to raise Greece's credit rating out of default. Tokyo jumped 1.53 per cent, or 151. 44 points, to 10,050.52 - its first close above 10,000 since July - while Sydney gained 0.93 per cent, or 39.6 points, to 4,287.2 and Seoul rose 0.99 per cent, or 20.04 points, to 2,045.08. But Hong Kong closed 0.15 per cent, or 31.81 points, lower at 21,307.89 and Shanghai tumbled 2.63 per cent, giving up 64.57 points to 2,391.23. WELLINGTON - The NZX 50 Index rose 28.17 points, or 0.8 per cent, to 3498.99, the highest close since June 15 2011. .. [ Next Thread | Previous Thread | Next Message | Previous Message ] |