Stock Markets

Tokyo stocks open weaker

Tokyo stocks open weakerTokyo - Tokyo stocks opened weaker Thursday, dragged down by technology and shipping titles.

The benchmark Nikkei 225 Stock Average fell 45.37 points, or 0.36 per cent, to 12,644,22.

The broader Topix index of all first-section issues was also down 6.22 points, or 0.51 per cent, to 1,214,33.

Japanese glassmakers and shipping companies fell, after forecasts of slowing orders for television screens and freight rates for commodities.

On currency markets at 9 am (0000 GMT), the dollar was quoted at 108.29-34 yen, from Wednesday's 5 pm quote of 100,90-91 yen.

Asian Stocks trade lower; US Markets close flat

Asian stocks were trading lower on Thursday due to weak market sentiment. Technical Analysts blame global slowdown for the recent drop in stock markets.

US stocks mixed as GM sales overshadow lower tech and metals shares

US stocks mixed as GM sales overshadow lower tech and metals sharesWashington - Uncertainty prevailed on the US stock market Wednesday as a drop in commodity prices put pressure on metals producers and technology shares dropped on dismal earnings reports.

General Motors Corp led a rise in the Dow Jones Industrial Average after reporting better-than-expected domestic sales in August, but other major stock indices fell on the day.

Mining firms Newmont Mining Co and Freeport-McMoRan Copper & Gold Inc dropped as the gold price hit a two-week low.

State Bank of Bikaner & Jaipur announces stock split of shares

State Bank of Bikaner & Jaipur has fixed October 20 as the record date for the purpose of sub-division/stock split of Rs 100 per share of the bank into the shares of Rs 10 each.

Hong Kong stocks tumble 2.17 per cent on oil price decline

Hong Kong stocksHong Kong - Hong Kong stocks fell more than 2 per cent Wednesday, sliding toward the 20,000 mark as oil and commodities stocks fell along with the prices of those goods.

The Hang Seng Index ended the day down 457.4 points, or 2.17 per cent, at 20,585.06. Turnover was relatively light at 56 billion Hong Kong dollars (7.1 billion US dollars).

Hong Kong shares have shed more than a third of their value in a 10-month bear run since the Hang Seng peaked at almost 32,000 at the end of October.

Stock Market In Safety Zone With BSE Above 14,786 Level, Says Vishwas Agarwal

Stock market analyst Vishwas Agarwal said that the stock market is in safety zone above Stock Market In Safety Zone With BSE Above 14,786 Level, Says Vishwas Agarwal14,786 level for traders with a target of 15,350, 15,555 and 15,786.

Regarding NSG meeting on nuclear contract to be held on September 4 and 5, Mr. Vishwas said that if the contract goes through, then the previously said level of 15,786 will be accomplished easily.

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