SE Asia Becomes Stock Haven 15 Years After Crisis

Southeast Asia (MXSO), the heart of the 1997 currency crisis, produced the best risk-adjusted returns for Asian stocks since global markets started to rebound three years ago, as investors sought a haven from Europe’s debt turmoil. Benchmark indexes in the Philippines, Malaysia, Thailand, Indonesia and Singapore returned the most among Asia-Pacific markets worth more than […]

Flash! Inevitable Scheduled to Occur! China Smartphone Market to Become World’s Biggest!

China is poised to oust the United States as the world’s top smartphone market as early as this year. The latest figures from International Data Corporationindicate China’s share of the global smartphone market will rise to 20.7 percent, up from 18.2 percent in 2011. And that’s enough to surpass the U.S., though admittedly by a […]

JSE up on global market sentiment

The JSE traded higher at noon on Friday, getting support from firmer international markets. At 11:57 local time, the JSE all-share index was up 0.54% to 34,398.40 points. Resources added 0.90%, gold miners were down 0.31%, industrials rose 0.46%, while platinum miners were flat (0.02). Banks gained 0.30%, and financials were up 0.19%. The rand […]

Global ECG Telemetry Devices Market to Reach $1.25 Billion by 2017, According to New Report by Global Industry Analysts, Inc.

GIA announces the release of a comprehensive global report on ECG Telemetry Devices markets. Global market for ECG Telemetry Devices is projected to reach US$1.25 billion by the year 2015. Growth in the market is primarily driven by aging world population and increasing incidence of cardiovascular diseases. Besides increasing number of chest-pain clinics, technology innovations […]

Despite New Market Highs, Street Sees Overall Earnings Decline for 6 out of 10 Sectors, say S&P Capital IQ Analysts

NEW YORK, March 16, 2012 /PRNewswire via COMTEX/ — In the most recent issue of the Lookout Report — a biweekly research note from S&P Capital IQ’s Global Market Intelligence (GMI) unit — analysts for the firm’s widely-used Consensus Estimates, note that for the first time since S&P Capital IQ began tracking first-quarter estimates, the […]

House summons DG of Stock Exchange

The House of Representatives Committee on Capital Market has directed the Director General of the Nigerian stock exchange (NSE), Mr. Oscar Onyeama, to appear before the committee or face arrest. Members of the committee took exception to the absence of the DG at the opening day of the public hearing on the NSE organized by […]

KSE closes in the green as index rises 77 pts

KARACHI: The Karachi stock market closed higher on Wednesday as investors took positions in scrips across-the-board. The Karachi Stock Exchange (KSE) 100-share index gained 77.02 points or 0.58 percent to close at 13,360.67 points as compared to 13,283.65 points of the previous session. The KSE 30-share index was up by 17.09 points to close at […]

Go-Ahead for Bulgaria’s Stock Exchange Sale, Majors Wooed – Report

Bulgaria targets major global and European bourse operators for the sale of its onlystock exchange, which it hopes to wrap up in the first half of this year, according to insiders, cited by local media. Bulgaria‘s government has packed together its stake at the stock exchange and the depository in a bid to sweeten the deal for the […]

Citigroup, MetLife, Clearwire are market movers

NEW YORK (AP) — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market: NYSE Citigroup Inc., down $1.24 at $35.21 The bank failed the Federal Reserve’s stress test. The Fed said that Citigroup does not have enough capital to raise its dividend. American Express Co., up […]

Peru’s Main Stock Indexes End Lower; Sol Weakens

LIMA (Dow Jones)–Peru‘s main stock market indexes ended lower on Wednesday, as the mining-heavy bourse was impacted by a decline in metal prices. The Lima Stock Exchange‘s broad General Index closed 0.56% lower, at 23,015.47. The blue-chip Selective Index ended 0.2% weaker, at 32,075.68. Financial holding company Credicorp Ltd. (BAP, BAP.VL) fell 0.77%, to close […]