Archive for the November 7, 2005
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Investor interest in big-cap stocks such as Orascom Telecom (OT) drove the Egyptian market to new highs on Sunday, the first session after a four-day break, traders said. "There was a rally on the blue
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Japanese shares could set new four-year highs next week on optimism about the economy and company earnings, though much will hinge on the performance of Wall Street, analysts said. Japanese share prices closed above the
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Asian currencies ended the week lower as the dollar gained strength following a further interest rate increase by the US Federal Reserve. JAPANESE YEN: Japanese Yr lows of more than 117 yen against the dollar
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Thai share prices are likely to rise this week as investors expect upbeat earning reports from the country's major companies, analysts said. "Investors are waiting for earning reports by major companies due out this week.
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Australian share prices are expected to continue rising next week but trade could prove volatile with investors careful over their choice of stock, dealers said. "We have come into a rougher phase on the share
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Hong Kong shares are likely to move in a narrow range this week as the threat of bird flu and persistent concerns over higher interest rates will continue to cap gains, dealers said. They said
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Insurers and telecoms will be in particular focus when the third-quarter earnings season ploughs on this week, with European shares looking to capitalise further on generally upbeat corporate numbers after a weak October. Economic news
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German chipmaker Infineon made a profit at its memory chip unit in its fourth quarter to September, newspaper Frankfurter Allgemeine Sonntagzeitung said on Sunday, citing industry sources. The paper said the unit made a profit
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German chipmaker Infineon made a profit at its memory chip unit in its fourth quarter to September, newspaper Frankfurter Allgemeine Sonntagzeitung said on Sunday, citing industry sources. The paper said the unit made a profit
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Philippines share prices could see some volatility this week with profit-taking likely after the market hit three-month highs but some investors will want to take positions ahead of third quarter results, dealers said. They said
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