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Local Equities Gain on Fed Interest News

The local equities market gained 55.45 points (+0.77%) to close at 7,287.29, advancing for the third consecutive day due to positive investor sentiment after the Federal Reserve decided to keep interest rates low for a “considerable time” after QE3 ends.

asia stock markets 4 Local Equities Gain on Fed Interest News Read the rest of this entry »

ICT To Invest in Iraq

The local equities market closed higher for the third consecutive day on bargain-hunting as investors collectively anticipated quarter-end window dressing.

The PSEi continued its upward momentum, increasing by 31.08 points, or +0.46% to close at 6,793.07.

asia stock markets 4 ICT To Invest in Iraq Read the rest of this entry »

Euro Shares Unchanged

European shares ended mostly unchanged following a day of choppy trading as strong German trade data was offset by the ongoing geopolitical conflict in Ukraine. The FTSEurofirst300 index inched up 0.41 of a point to 1,321.39.

German exports jumped by a seasonally adjusted 2.2% last January, much higher than the market estimate of 1.4%, while imports leapt 4.1%, compared to the consensus forecast of a 1.3% gain.

03TH ASIAN MARKET 798825f1 Euro Shares Unchanged Read the rest of this entry »

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