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Economic uncertainty, with crude prices moving between high 30 dollars and low 40 dollars in the past few days, is also weighing on their minds. On Wednesday, the S&P 500 index dropped 3.4 per cent and Europe's Dow Jones Stoxx 600 index slumped 4.4 per...
Equities opened higher on Wednesday in line with Asian peers. Stocks that were hammered in the recent sessions such as DLF, Unitech and Reliance Communications were back in action. Bombay Stock Exchange’s 30-share Sensex rose 151.80 points to 9223.16.
World Index lower for a fifth day, as slumping metals and oil prices dragged down commodity producers and Alcoa said demand for aluminum may weaken...BHP Billiton and Total retreated more than 1 percent as copper futures tumbled in Shanghai and crude...
Gold prices rebounded, helping out companies focused on that precious metal. Gold for February delivery was last up $18.30, or 2.2%, at $860 an ounce on the Comex division of the New York Mercantile Exchange. See Metal Stocks for more on gold prices....
Tags: gold prices, gold price, stocks, market, news, crude, repo, Statistics Canada
On the New York Mercantile Exchange, crude oil was down $1.18 to $47.40 US a barrel. Gold was off by $19 at $847 US an ounce. The Canadian dollar's noon rate was 84.37 cents US, down 18 basis points from Tuesday's close. U.S. stock were also down after...
Tags: dow jones industrial average, stock market, repo, energy, us stocks, oil price, oil, crude
The losses wiped out Wall Street's gains of a day earlier, prompting questions about whether investors had lost the optimism that crept back into the markets over the past two weeks. The major indexes have climbed more than 20 percent from their recent...
Tags: oil price, oil, stock, stocks, crude, energy, repo, gas, opec, oil prices
During the morning, the local unit moved between a low of $US0.7116 and a high of $US0.7206. The dollar opened stronger at $US0.7150/53 at 7.00am, defying market expectations of a decline during the European and US session. CMC Markets FX dealer Tim Waterer...
Tags: share price, trend, crude, oil
U.S. stock market futures were mixed ahead of the first trading session of 2009 as investors eyed a sharp drop in crude-oil prices and looked ahead to a reading on manufacturing activity. S&P 500 futures fell 0.40 points to 899.80 and Nasdaq 100 futures...
Tags: manufacturing, crude
World stocks rose on the first trading day of the year after a dismal 2008, while the dollar gained...The unprecedented events of 2008, and continuing fallout into 2009 will see a number of false dawns and continuing volatility throughout the coming year,"...
Tags: dow jones industrial average, dollar, stock markets, stock market, derivatives, irs, crude, will
Oil cartels hope to arm-twist the Government into abandoning the impending price controls. They want their profits, regardless of the social cost. The Government must move with speed to license more local marketers. Nairobi ............... The current...