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| | | ... credit and other losses. "We're not seeing any large international traders coming into the market, so there is low volume trading and, if anything, we're seeing a lot of local selling, which is putting pressure on the banks and also the property trusts," ... |
| | | | ... Merrill Lynch shares experienced their worst daily percentage drop in 18 years falling as much as 11.5 per cent in Friday trading. According to the Wall Street Journal, Merrill Lynch could be under investigation over its handling of mortgage debt, which ... |
| | | | ... dealer Matt Wacher said the Australian market was suffering its biggest losses in several weeks today, with all sectors trading in the red. "The finance sector is down about 1.75 per cent and the materials sector is being dragged down by BHP Billiton ... |
| | | | ... 0.45 per cent, or 140.30 points, to end at 31,492.88. WELLINGTON - Shares closed virtually unchanged today, despite heavy trading in blue chip Auckland Airport after it canned a takeover offer yesterday. The benchmark NZSX-50 index closed down 1.2 points ... |
| | | | ... momentum. The question is, is it going to continue?" He cited BHP's example, where based on next year's earnings, it was trading at 15-16 times earnings. "That is reflecting all of that price gain and extrapolating that forever." "It [the local bourse] ... |
| | | | ... currently has more than $670 million in assets under management. The offer will open for 19 days from 1 November 2007 with trading to begin on November 29. |
| | | | ... local central bank leaving interest rates unchanged. The NZSX-50 benchmark index fell 23.91 points to 4267.1. In early trading this morning, the NZSX index dropped 14.145 points to 4252.996. |
| | | | ... market closed in negative territory yesterday on fresh sub-prime credit concerns from the United States after stronger trading earlier in the day. The share market spiked after the release of the September quarter inflation figures that now suggest an ... |
| | | | ... The CAC-40 index climbed 43.78 points to 5705.05. TOKYO - Japan's Nikkei average edged ahead led by exporters in thin trading. The Nikkei gained 12.11 points to 16,450.58. HONG KONG - Stocks surged 3.5 per cent led by China Mobile, which posted stronger-than-expected ... |
| | | | ... higher, up 48 points to 6661 on a volume of 12,911 contracts. CMC Markets dealer Matt Wacher said this morning's strong trading on Wall Street had helped the bourse, although weak base metal prices had made an impact. "It's looking pretty strong, it's ... |
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