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| | | ... to 1,555.77. LONDON - European stocks surged on Monday after the announcement of a new plan to stabilise the US banking sector. The FTSE 100 index of leading shares gained 109.96 points, or 2.86 per cent, to 3,952.81 points. FRANKFURT - The Dax rose ... |
| | | | ... index futures contract was down 42 points to 3,190 on a volume of 16,078 contracts. Resources, materials and the banking sector were lower following Wall Street's 4.2 per cent plunge overnight after the US government injected $US30 billion to prevent ... |
| | | | ... probably reducing some of the exposure in that sector." Mr Vaughan said that, despite the underperformance, the banking sector had contained the losses. National Australia Bank added 35 cents to $17.86, Commonwealth Bank lost 52 cents to $29.28, Westpac ... |
| | | | ... sector, market giant BHP Billiton rose 49 cents to $29.46 while rival Rio Tinto was up 52 cents to $47.17. The banking sector was mixed. National Australia Bank added four cents to $17.60, Commonwealth Bank lost 13 cents to $29.12, Westpac rose 13 cents ... |
| | | | ... selling off assets is not good." But it is not only the GIC that stands to lose out. The nationalisation of the US banking sector will have its knock-on effect on the valuation of global finance stocks and consequently, the returns of pension funds and ... |
| | | | ... on a volume of 14,366 contracts. "The US market is looking for a bottom, at the moment there are fears about the banking sector over there that it will be nationalised or part nationalised," CMC Markets analyst David Taylor said. "That sense of insecurity ... |
| | | | The Australian stock market was lower at noon on Friday, pulled back by weakness in the banking sector following a negative lead from United States markets overnight. At 1200 AEDT, the benchmark S&P/ASX200 index was off 51.2 points, or 1.48 per cent ... |
| | | | ... finish since Oct 28 when it ended at 7,621.92. HONG KONG - The Hong Kong market lost 3.8 per cent amid more weak banking sector earnings. The benchmark Hang Seng Index ended 510.48 points down at 12,945.4. WELLINGTON - The New Zealand sharemarket eased ... |
| | | | ... weaker, with BHP Billiton dropping 48 cents to $32.22 by 1201 AEDT and rival Rio Tinto losing $1.04 to $49.96. The banking sector was mixed, with National Australia Bank adding 12 cents to $18.57 by 1202 AEDT, ANZ losing eight cents to $12.88, Commonwealth ... |
| | | | ... off 3.34 points, or 0.38 per cent, to 865.26. LONDON - European stocks rallied late in trading, powered by the banking sector on expectation the US congress will approve President Barack Obama's plan to stimulate the recession-hit US economy. In London ... |
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