Asian markets decline during today”s trading on the background of falling prices in commodities markets, as well as the strengthening of the dollar

By admin at 22 February, 2010, 11:16 am

Stock Market U.S.

re-election to a second term of the current head of the U.S. Federal Reserve, was the main reason attempts to restore the American market after three days of fall. Equities Goldman Sachs Group Inc. and Wells Fargo Co. somewhat improved its position in the market. Papers of Intel Corp. increased by 2,1% against the backdrop of speculation about the possible process of replacing older computers for new modifications on the part of consumers and businesses, which in turn positively affect the level of company profits. Growth shares of AK Steel Holding Corp. also occurred due to the positive financial reporting overcomes the expectations and forecasts of growth in steel prices.

European stock market

European stock markets opened lower on Monday, but then began to rise as shares of financial companies to recover from the losses caused by the intention of the White House to limit the activities of banks. Banks Index had the most support. Commerzbank, Lloyds Banking Group, BNP Paribas and Deutsche Bank added 0,24-1,8 percent. The morning decline in Europe, reflecting the downturn on Wall Street, following the proposal of President Barack Obama to restrict banks" profits. Ericsson shares fell 2.29 percent after the company reported that its sales in the fourth quarter were below forecasts. However, quotes Philips Electronics rose 5.63 per cent, as reported on the Dutch conglomerate, has exceeded expectations of operating profit.

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FTSE-100	-32.98	-0.63%
DAX	-37.98	-0.67%
CAC40	-23.4	-0.62%

Asian stock market

Asian markets decline during today"s trading on the background of falling prices in commodities markets, as well as the strengthening of the dollar, driven by fears of the parties regarding the slowdown of the Chinese economy. Hang Seng Index - Hong Kong"s leading stock market barometer has lost 2,6%. Goldman Sachs Group Inc. lowered ratings on the shares of banking institutions in China, in connection with possible legal restrictions and high costs of borrowing. The Nikkei 225 Stock Average lost 1.8% in Japan, where interest rates continued to be near the zero mark retained the Central Bank to continue to fight inflation.