Established 1999
123jump.com - U.S. Financial Information Archive: 90,000 Annual and 10-K reports – 20,000 Global news stories - 3,500 IPO reports - 1,700 - Earnings Calls – 320 Fund Interviews – 10-year Annual earnings on 4,500 stocks – 20 Quarterly earnings on 3,600 stocks – 1,800 IPO prospectuses – 1,200 Economic data releases
     
   
 
Market Update : 
UBS Capital Plan Lifts European Markets
Author: 123jump.com Staff
123jump.com
Last Update: 7:11 PM EDT April 01 2008


(Continued)

Email article | Print article

European markets rallied after $15 billion capital infusion plan from UBS lifted investor mood. UBS also said that its long time chairman has been replaced by its general counsel Peter Kurer. However, Deutsche Bank wrote down 2.5 billion of asset backed securities. Switzerland index led the region with a rise of 3.7% followed by more than 3% rise in Spain and France. Stora Enso and Astra Zeneca jumped more than 7% after brokers lifted their ratings on the companies.

 
In Tokyo Nikkei 225 Index closed higher 130.88 or 1.04% to 12,656.42, in Hong Kong Hang Seng index increased 288.26 or 1.26% closed to 23,137.46. In Australia ASX 200 index higher 5.50 or 0.10% to close 5,361.20. In Malaysia KL Composite index increased 2.89 or 0.23% closed to 1,250.41.

In South Korea Kospi Index decreased 1.74 or 0.10% to close at 1,702.25, in Thailand SET index closed higher 6.33 or 0.77% to 823.36 and Indonesia JSE Index edged decreased 54.05 or 2.21% to 2,393.25. Sensex index in India decreased 17.82 or 0.11% to 15,626.62.

Commodities, Metals, and Currencies

Crude oil decreased $0.82 to close at $100.76 a barrel for a front month contract, natural gas decreased 48 cent to $9.62 per mBtu, and gasoline futures increased 1.22 cents to close at 263.93 cents per gallon.

Gold decreased $33.70 in New York trading to close at $887.80 per ounce, silver closed down $2.43 cents to $16.89 per ounce, and copper for front month delivery decreased 2.45 cents to 380.65 per pound.

Wheat futures decreased 34.00 cents in Chicago trading and closed at $8.95 per bushel. Sugar decreased 25.00 cent to 11.44 cents per pound. Soybean future closed up 13.75 cents to $12.11 a bushel.

Dollar edged higher and traded near a record low against euro to $1.5614 and edged higher against yen to 101.84.

Bond Yields increased for 10-year U.S. bonds and closed at 3.56% and on 30-year bonds increased to close at 4.40%.
  1  2 More: India Market Update Archive

 



© 1999-2008 123jump.com. All rights reserved