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Archive for the November 7, 2005

    • News Desk
    • Nov 7th, 2005
    • Comments Off on Big-cap stocks drive Cairo bourse to new high

    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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    • News Desk
    • Nov 7th, 2005
    • Comments Off on High-flying Japanese stocks seen staying firm

    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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    • News Desk
    • Nov 7th, 2005
    • Comments Off on Asian currencies fall after fresh US rate hike

    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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    • News Desk
    • Nov 7th, 2005
    • Comments Off on Thai shares seen rising on earnings

    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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    • News Desk
    • Nov 7th, 2005
    • Comments Off on Hong Kong shares to move sideways on bird flu fears

    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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    • News Desk
    • Nov 7th, 2005
    • Comments Off on Eurostocks: insurers and telecoms report, BOE meet

    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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    • News Desk
    • Nov 7th, 2005
    • Comments Off on Infineon made fourth quarter profit at memory chip unit

    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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    • News Desk
    • Nov 7th, 2005
    • Comments Off on Infineon made fourth quarter profit at memory chip unit

    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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    • News Desk
    • Nov 7th, 2005
    • Comments Off on Philippines shares likely to gain

    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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