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Equity Market News 06th February 2012

Equity Org Headlines:

Essar Energy adds 3 percent in mostly lower London energy sector

Antofagasta leads miners higher in London

Hunting plc leads energy sector lower

Sports Direct International leads London retailers higher

Pace plc drops 40 percent on profits warning

Royal Bank of Scotland leads London banks lower

Royal Bank of Scotland leads banks, FTSE 100 higher in London

Lloyds Banking Group drops 8 percent on first-quarter loss

Lloyds shares down on PPI claims

Aquarius Platinum adds 7 percent amid mostly lower mining sector

16/05/05

Permalink 04:33:48 pm, Categories: New York NYSE, Europe Eurofirst, Tokyo Nikkei & Topix, 186 words  

Monday markets open with Europe and Japan down

In the equities markets on Monday, New York opened on to positive movement, but European and Japanese markets were mostly down.

In Tokyo, new concerns about political matters in China and amid worries about gross domestic product data due out Tuesday, the Nikkei 225 fell 0.9 percent to 11,045.29, while the Topix index was down 1 percent to 1,133.66.

The FTSE Eurofirst 300 was down as well, to 0.4 percent, to 1,073.37 as a result of falling crude oil prices. The oil sector fell pretty much across the board.

Meanwhile, in early trading in London, the FTSE 100 fell 0.2 percent to 4,877.7, while the FTSE 250 was up 0.1 percent to 6,802 due to falling global commodity prices and light trade. Mining companies too a particular hit.

Meanwhile, at mid-day in New York, The Dow Jones Industrial Average had risen 0.6 percent to 10,197.69, while Nasdaq was up 0.3 percent to 1,983.51 and the S&P 500 was 0.5 percent higher to 1,159.56.

Despite these gains, the US oil sector was down on falling crude oil prices. Exxon Mobile, the largest US oil producer, was down 1.5 percent to $52.91, while oil refiner Valero Energy was the biggest loser on the S&P 500, declining 5.5 percent to $58.38.

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