Stock Markets

Tokyo's markets trend upwards

Tokyo's markets trend upwardsTokyo  - Tokyo stocks rose upon market opening Monday on anticipation of good news from Washington later Monday this week on more details of the financial bailout plan.

The benchmark Nikkei 225 Stock Average rose in the first 15 minutes by 58.34 points or 0.73 per cent to 8,004.30 points.

The broader Topix index of all first-section issues added 6.13 points or 0.8 per cent to 770.90 points.

Markets were closed Friday for a holiday.

On currency markets, the dollar remained stable at 95.93-98 yen after trading at 95.91-96.01 yen late Friday in New York.

SEBI panel for relaxed norms for derivative market

SEBI panel for relaxed norms for derivative marketMarket regulator Security and Exchange Board of India plans to introduce new derivative products like lower-value contracts on individual stocks in the domestic derivative market in a bid to encourage retail investors in the option and future market.

Sensex Ends Below 9K Mark; Recovers From Intra-Day Lows

Sensex Ends Below 9K Mark; Recovers From Intra-Day LowsThe Bombay Stock Exchange 30-share sensitive index, Sensex, closed below the 9000-level even as the market recovered from its intra-day lows on hopes that the central bank will provide more relaxation in the monetary plan.

The BSE Sensex marked its closure at 8966.68 after losing 35.07 points as against its last close on Thursday.

The market also hit a low of 8867.13 on the back of mixed movements in worldwide markets.

US stocks slide as investors pull back

US stocks slide as investors pull backWashington  - US stocks seesawed through most of Friday, with markets closing at their lowest in two weeks after analysts slashed earnings estimates for General Electric Co.

While GE dropped 5.8 per cent, financial shares tumbled Friday, with Bank of America, Citigroup, Wells Fargo, Morgan Stanley and JPMorgan Chase among the losers.

Troubled insurer American International Group Inc dropped 22 per cent as several states began probing its bonuses.

Sensex Opens On A Bleak Note; Banks, Realty Down

Sensex Opens On A Bleak NoteWith a bleak opening, the BSE Sensex is likely to halt a two-day rise in today’s session.

Overnight losses in the US and mixed signals from the Asian markets hit the Indian equities at the opening time.

Realty stocks were hammered badly followed by banking and consumer goods.

BSE Midcap was also down by 0.24%, while Smallcap index lost 0.05%.

The 30-share index, BSE Sensex, today (Friday Mar 20) opened at 8,951.34, down 50.41 points.

Philippine shares rise 3 per cent

Philippine shares rise 3 per centManila  - Philippine shares rose 3.

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