Shares and Markets
Shares and Markets - March 9, 2012 23:56
European Stocks Gain on Successful Greece’s Debt Swap Deal
European stock markets gained on Friday as the Greece ended up with successful debt swap deal while United States reported a surprise increase in its jobs data. The US Labor Department released its latest jobs data today according to which 227,000 jobs were created in the month of February while unemployment rate stood at 8.3 […]
European Stocks Gain on Greece’s Positive Development
European stock markets jumped on Friday as the Greece’s European partners have decided to finalize a bailout package by the early next week. The Stoxx Europe 600 index surged 0.7 percent to 266.21 with top bull as Aker Solution gaining 18.3 percent which surged on the news of its 20 per higher net profit. Moreover […]
Stock Markets in Europe Rally in Positive US Jobs Data
European stock markets gained on Friday in reaction to positive US jobs data which created hopes and optimism among investors for recover in economy. As per latest data of the US Labor Department, non-farm payrolls increased by 243,000 in the month of January while the unemployment rate fell to 8.3 percent from 8.5 percent in […]
European Stocks Decline in Reaction to Worries over Region’s Debt Crisis
Stock markets in Europe declines on Wednesday in reaction to escalating concerns over euro zone sovereign debt crisis. The Stoxx Europe 600 index fell 0.4 percent to 249.9 for the day. Energy sector took the major hit today’s session. The negative sentiments dominated after the comments of David Riley, Head of Fitch who said that […]
Stock Markets in Europe Fell on the Region’s Debt Fears
European stock markets fell on Thursday in reaction to escalating debt crisis of the region. Italy and Spain have again taken a major hit as the yield on Spanish bonds increased substantially. There was also rumor in the market that the Spanish Government may seek loans from the International Monetary Fund and European Union’s Rescue […]
European Stocks move in Bullish Rally Triggered by Successful Italian Bonds Auction
European stock markets rallied on Wednesday in reaction to successful Italian bond auction. In the latest auction the Italian Treasury managed to sell six month bills at an average yield of 3.25 percent as compared to 6.5 percent in its last auction. The treasuries also saw high demand totally 9 billion euros for the day […]
European Stock Markets Remain Under Pressure on Debt Worries
Stock markets in Europe fell on Wednesday in reaction to the escalating debt problems for the region. The European Central Bank disclosed that 523 of European banks applied for funding from central bank totally the amount to 489 billion euros equivalent to $641 billion. Analysts expected the funding request to accumulate up to 310 billion […]
Stock Markets in Europe End Lower mainly Driven by Banking and Resources Sector
European stock markets ended lower on Wednesday as no signs of further quantitative easing by US Federal Reserve were disclosed. In reaction to which banking and resources sector moved European stocks in negative zone. The Stoxx Europe 600 index declined 0.8 percent to 235.34 as compared to increase of 0.5 percent on Tuesday. Among the […]
SEC Looking to Implement Tougher Rules to Stop Insider Trading
The hype has started since a Republican lawmaker presented its bill to stop the insider trading at US stock markets. However it is not widely argued that the proposed legislation is too weak to affect insider trading at all. The bill has not only faced bipartisan criticism but is also being questioned by regulators such […]
Stock Markets in Europe Jump in Reaction to Easing in Global Money Markets
European stock markets ended on a positive note on Wednesday as the central banks around the world decided to reduce their exposure in money markets. Peoples Bank of China also lowered its bank reserve requirements for the first time in last three years which resulted in the optimism in stock markets in euro region. Further […]
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