Stock Markets

Wall Street sees mixed results on interest rate fears

Wall Street sees mixed results on interest rate fearsNew

Australian stocks dive 2.4 per cent

Sydney  - Australian stocks plunged at the opening bell Wednesday, the first day of trading since the release of disappointing unemployment figures in the United States.

Tokyo stocks lose early gains on renewed economic uncertainties

Tokyo  - Tokyo stocks lose early gains on renewed economic uncertainties

BSE Sensex below 15,000; Real Estate, Banking Stocks lower

As oil prices continue to rise, stock markets across the world are finding it difficult to find any support. The recent fall in Indian market has been very quick. Market experts were expecting technical bounce, but the markets lost further ground.

On Monday, Stock markets opened lower and BSE benchmark Sensex dropped below 15,000. Real Estate, Banking and Metal stocks were among worst hit. Real estate major DLF touched its lifetime low in today’s trading session. At 1.30 pm, BSE Sensex was down by 519 points at 15,053.

Thailand's central bank intervenes in foreign exchange market

Bangkok  - Thailand's central bank on Monday intervened in the foreign exchange market to halt a rapid slide of the baht currency, officials said.

Reform bill would put Karachi exchange on the block

Karachi  - Partial ownership of Pakistan's largest stock exchange would be up for grabs in early 2009 to a strategic investor if a reform bill is approved, officials said.

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