Money News: Dow Escapes the Bear; European Markets Down; Asian Split

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The DOW Jones Industrial Average, finally escaped the Bear's grasp, salvaging a brutal volatile week across the global markets which saw the international markets continuing to react to the fall out in Greece.

The DOW opened the trading week up and by mid-day Monday and started a continual decline falling sharply by closing bell Tuesday. A small rally begin at opening bell Wednesday and continued throughout the remainder of the week.

The DOW ended the trading week up at 17,477.40 (+69.15/+0.40%). Opening at 17,410.12, the DOW held a day range of 17,394.06-to-17,492.90.

Gainers include E I du Pont de Nemours & Company (+0.81/+1.53%) with a closing price of $53.86 per share, General Electric Company (+0.28/+1.08%) with a closing price of $26.09 per share, Cisco Systems Inc, also closed up at $29.02 for a gain of (+0.30/+1.04%) and Caterpillar Inc closing up at $78.51 per share for a gain of (+0.76/+0.98%)

Losers for the week include Walt Disney Co closing down at $107.15 per share for a loss of (-0.39/-0.36%), Exxon Mobil Corporation closing down at $78.36 with a loss of (-0.27/-0.34%), Verizon Communications Inc (-0.15/-0.31%) with a closing price of $47.50 and Procter & Gamble Co (-0.16/-0.21%) with a closing price of $75.62.

Active for the week included Apple Inc in moderate trading moved 38.76M shares closing up at $115.97 per share with a gain of (+0.71%), Cisco Systems Inc in light trading moved 18.55M shares, closing up at $29.02 per share for a gain of (+1.04%), General Electric Co also in light trading moved 16.26M shares closing up at $26.09 per share with a gain of (+1.08%), Microsoft Corp in light trading moved 14.92M shares closing up at $47.01 per share with a gain of (+0.56%).

The NASDAQ closed up at 5,048.24 for a gain of (+14.68/+0.29%).

The S&P 500 also closed up at 2,091.54 for a gain of (+8.15/+0.39%).

World Markets

The ten most watched world markets closed the trading week split 40/60. The North American Markets including the DOW Jones Industrial, NASDAQ, S&P500, Canada's S&P TSX Composite, along with Asia's SENEX of India and the Shanghai Composite all closed up. Central Europe's London's FTSE 100, Germany's DAX, CAC 40 of France closed down as well as the Hong Kong Hang Seng, and Japan's highly traded Nikkei 225 and Mexico's IPC.

Nikkei 225

The Japanese Nikkei 225 began the trading week hitting the week high early Monday and steadily falling hitting the week low by closing bell Tuesday. The Nikkei managed to rally throughout the remainder of the week.

Unable to maintain the gains, the Nikkei closed the week down with double digit losses.

The Nikkei closed the trading week up at 20,519.45 with double digit losses of (-76.10/-0.37%). 

Gainers for the week include Furukawa Co Ltd (+15.00/+5.34%), Oji Holdings Corp (+25.00/+4.40%), Nippon Paper Industries Co Ltd (+83.00/+3.93%), Tokyo Tatemono Co Ltd (+54.00/+3.17%).

Losers include Unitika Ltd (-3.00/-4.35), Comsys Holdings Corp (-70.00/-3.95%), Kubota Corp (-80.50/-3.80%) and Amada Holdings Co Ltd (-44.00/-3.57%).

Active on the Nikkei include Mizuho Financial Group Inc, in 34 straight weeks of strong trading, moving 152.26M shares to close down at ¥257.00 for a loss of (-1.19%), Tokyo Electric Power Co Inc in strong trading moved 139.55M for a loss (-1.01%), Mitsubishi UFJ Financial Group Inc in medium trading, moved 45.53M shares to close down at ¥865.30 for a loss of (-0.05%), Unitika Ltd, in mild trading moved 41.85M shares to close down at ¥66.00 for a loss of (-4.35%).

FTSE 100

London Markets experienced a strong opening hitting the week high by Monday mid-day the rally was followed by an equally rapid decline and by mid-day Tuesday the FTSE struggled to rally hitting the week low by opening bell Wednesday. Struggling throughout the remainder of opened the week, the FTSE closed the week out with a loss.

The London Markets closed down at 6,550.74 with double digits losses of (-17.59/-0.27%).

Gainers in the FTSE 100 include TUI AG (+45.93/+4.12%), Hikma Pharmaceuticals PLC (+58.00/+2.48%), Barratt Development PLC (+12.00/+1.87%) and Taylor Wimpey PLC (+3.60/+1.79%).

Losers include Smiths Group PLC (-21.00/-1.75%), Glencore PLC (-3.05/-1.73%), Weir Group PLC (-22.90/-1.54%), and Royal Dutch Shell PLC (-23.00/-1.26%).

Active on the FTSE 100 included Lloyds Banking Group PLC moving 93.11M shares in strong trading, closed up at €80.16 for a gain of (+0.89%), Glencore PLC, in mild trading moved 47.57M shares to close down at €173.75 per share for a loss of (-1.73%), BP PLC, in light trading moved 22.44M shares to close down at €379.60 per share for a loss of (-0.93%), Vodafone Group PLC in light trading moved 21.93M shares to close down at €239.25 for a loss of (-0.08%).

Hang Seng Index 

The Hang Seng Index began the trading week up and by id-day Monday had reached the week high. A rapid decline followed this momentary bright spot reaching the week low by opening bell Wednesday.  The volatile pitching smoothed out with smaller rallies and declines throughout the remainder of week and the Hang Seng ended the trading week down with double digit losses.

The Hang Seng closed down at 23,991.03 with triple digit losses of (-27.77/-0.12%).

Gainers on the Hang Seng Index include CITIC (+0.90/+6.42%), BOC Hong Kong Holdings Ltd (+0.75/+2.63), MTR Corp Ltd (+0.80/+2.22%), CK Hutchison Holdings Ltd (+2.10/+1.88%).

Losers for the week include Lenovo Group Ltd (-0.44/-5.71%), Want Want China Holdings Ltd  (-0.34/-4.47%), China Resources Power Holdings Co Ltd (Hong Kong) (-0.66/-3.31%), China Shenhua Energy Co Ltd (-0.36/-2.30%).

Active trading on the Hang Seng Hong Kong Index includes Bank of China Ltd, in heavy trading, moved 151.68M shares to close up at HK$4.12 (+0.49%), China Construction Bank Corp, in heavy trading moved 130.07M shares to close even at HK$6.22 (+/-0.00%), Lenovo Group Ltd in strong trading moved 104.46M shares to close down HK$5.23 (-0.38%, Industrial and Commercial Bank of China Ltd, in strong trading, moved 104.46M shares to close down at HK$5.23 (-0.38%).

Source: Bing Finance

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