Money News: DOW Up; World Markets Rebound; Asian Markets Plummet

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Rallying from the recent Charlie Hebdo Terrorist Attacks the World Markets responded to the global show of strength sending a unified anti-terror message as skittish investors returned to the markets of the world with renewed confidence.

The DOW rebounded from last’s weeks triple digits losses,  in anticipation to the President Obama’s State of the Union rallied strong, with a triple digit gain to close up at 17,511.57 (+190.86/+1.10%). Opening at 17,320.00, the DOW held a daily range of 17,243.55-to-17,528.37.

 Gainers for the week include Home Depot Inc (+3.07/+3.04%) with a closing price of $104.10 per share, Chevron Corp (+2.44/+2.38%) with a closing price of $105.10 per share, Exxon Mobil Corporation (+2.10/+2.36%) with a closing price of $91.08, United Technologies Corp (+2.65/+2.33%) with a closing price of $116.18.

Losers for the week Wal-Mart Stores Inc closing down at $86.76 per share down (-0.63/-0.72%), Goldman Sachs Group Inc closing down at $177.45 with a loss of (-1.26/-0.70%), Caterpillar Inc also closed down at $83.89 for a loss of (-0.44/-0.52%) and the Goldman Sachs Groups Inc closing down at $187.35 per share for a loss of (-2.92/-1.53%)

Active for the week included Intel Corp moved 53.51M shares in light trading to close up at $36.41 per share with a gain of (+0.61%) and General Electric Co in light trading moved 37.96M shares, closed up at $23.159 per share with a loss of (+0.04%).

The NASDAQ, along with the three other U.S. Markets rebounded nicely, closing up at 4,634.38 with a gain of (+63.56/+1.39%).

The S&P 500 also closed up at 2,019.2 for a gain of (+26.75/+1.34%).

World Markets

The ten most watched world markets the Dow Jones Industrial Average of the U.S., Canada’s S&P TSX Composite, the S&P500, NASDAQ, the most watched European Markets, CAC 40 of France, London’s FTSE 100, Germany’s DAX, Asian’s Shanghai Composite, Mexico’s IPC, and the SENEX of India all closed up leaving only Japans Nikkei 225, Hong Kong Hang Seng, closing down.

Nikkei 225

The Japanese Nikkei 225 plummeted, along with the Hong Kong Market, to close the trading week down sustaining massive triple digit losses, at 16,864.16 for a loss of (-244.54/-1.43%). 

Gainers for the week include Screen Holdings Co Ltd  (+52.00/+7.69%), DOWA Holdings Co Ltd (+52.00/+6.01%), Citizen Holdings Co Ltd   (+17.00/+1.90%), Sumitomo Metal Mining Co Ltd (+24.00/+1.49%).

Losers include Yamaha Corp (-100.00/-5.76%), Mitsui Chemicals Inc (-17.00/-4.96%), Sony Corp (-117.50/-4.70%) and Tokuyama Corporation (-10.00/-4.10%).

Movers on the Nikkei include Mizuho Financial Group Inc, in a fifth straight week of strong trading, moved 122.96M shares and closed slightly down at ¥193.20 for a loss of (-0.62%), Nippon Steel & Sumitomo Metal Corp in strong trading moved 45.36M shares to close down at ¥279.50 (-1.52%) and Unitika Ltd in medium trading moved 42.68M shares to close down at  ¥57.00 for a loss of (-3.39%).

FTSE 100

London Markets also rebounded nicely, surging ahead with double digit gain to closing gain at 6550.27 with a gain of (+51.49/+0.79%).

Gainers in the FTSE 100 include Glencore PLC (+13.15/+5.47%), BP PLC (+21.00/+5.35%), BG Group PLC (+32.10/+3.91%), Anglo American PLC (+38.00/+3.59%).

Losers include easyJet PLC (-49.00/-2.98%), Associated British Foods PLC (-56.00/-1.78%), Meggitt PLC (-9.00/-1.74%) and Wolseley PLC (-62.00/-1.68%).

Active on the FTSE 100 included Lloyds Banking Group moving 87.28M shares in heavy trading recovered to close up at €74.51 for a gain of (+0.44), BP PLC, in medium trading moved 48.15M shares to close up at €413.60 per share for a gain of (+5.35%), Vodafone Group PLC, also rebounding, in medium trading moved 54.50M shares to close up at €228.10 per share for gain of (+0.09%).

Hang Seng Index

The Hang Sang Index, along with the Japanese Nikkei 225, suffered triple digits losses unable to maintain investor confidence as the Asian Markets plummeted throughout the week with only the Shanghai Composite closing slightly up.

The Hang Seng closed down at 24,103.52 with strong triple digit losses of (-247.39/-1.02%).

Gainers on the Hang Seng Index include Ping An Insurance Group (Hong Kong) (+1.25/+1.44%), China Resources Power Holdings Co Ltd (Hong Kong) (+0.20/+0.99%), Bank of Communication Co Ltd  (Hong Kong) (+0.06/+0.87%), China Life Insurance Co Ltd (+0.25/+0.79%).

Active trading on the Heng Seng Hong Kong Index includes China Construction Bank Corp in intense trading moved 174.04M shares to close slightly down at HDK$6.39 (-0.93%), Bank of China Ltd moving, in intense trading for the sixth consecutive week, 277.22M shares regained its footing and closed down HK$4.46 (-0.22%) and Industrial and Commercial Bank of China Corp also in intense trading moved 165.68M shares closing down at HDK$5.71 with a loss of (+0.52%), and China Petroleum & Chemical Corp in moderate trading moved 98.76M shares to close down at HK$6.22 for a loss of (-0.96%).

Losers for the week include Galaxy Entertainment Group Ltd (Hong Kong) (-1.60/-3.99) China Resources Land Ltd (Hong Kong) (-0.80/-3.71%), Tencent Holdings Corp (-4.30/-3.39%), Sands China Ltd (-1.00/-2.62%).

Source: Bing Finance

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