Money News: Bull Markets Continue; American, Europe, Asian Markets Close Up

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The DOW Jones Industrial Average rallied throughout the week, as did the top ten watched markets with nearly all managing to maintain the Bull Run and with the bear out of sight, earned solid gains across the board.

The DOW opened Monday at 16,630.44, with immediately began a rally that would last throughout the week with an even steady continued rally with barely a pitch/decline throughout the entire week.

Opening Wednesday, the DOW hit 16,960.39 and immediately declined back to 16,776.53. Sustaining the gains, the DOW began its second wind and rallied throughout the remainder of the week.

A strong rally Friday brought the DOW to the week high of 17,110.88. A mild adjustment and the DOW closed 17,084.49.

The DOW ended the trading week up with double digits gains at 17,084.49 (+33.74/+0.20%). Opening at 17,054.69. The DOW held a day range of 17,027.23-to-17,110.74.

Gainers include UnitedHealthGroup Inc (+3.25/+2.80%) with a closing price of $119.31 per share, Apple Inc, closing up at $112.09 per share for a gain of (+2.59/+2.37%),  United Technologies Corp (+1.80/+1.15%) with a closing price of $95.39 per share, and Walt Disney Co closing up at $105.59 per share for a gain of (+0.98/+1.00%).

Losers for the week include Intel Corp closing down at $32.14 per share for a loss of (-0.37/-1.14%), Goldman Sachs Group Inc closing down at $179.32 with a loss of (-2.00/-1.10%), Exxon Mobil Corporation (-0.76/-0.95%) with a closing price of $79.27 and Microsoft Corp (-0.35/-0.74%) with a closing price of $47.11.

Active for the week included Apple Inc, in medium trading moved 44.56M shares, to close up at $112.09 per share with a gain of (+2.39%), General Electric Co in light trading moved 35.66M shares closing up at $28.06 per share with a gain of (+0.11%), Microsoft Corp in light trading moved 20.20M shares closing down at $47.11 per share with a loss of (-0.74%), Intel Corp in steady trading moved 19.17M shares, closing down at $32.14 per share for a gain of (-1.14%).

The NASDAQ closed up at 4,830.47 for a gain of (+19.68/+0.41%).

The S&P 500 also closed up at 2,014.89 for a gain of (+1.46/+0.07%).

World Markets

The ten most watched world markets closed the trading with a 90/10 gain/loss ratio. The DOW Jones Industrial closed up. Not included in the ten most watched markets, the S&P500 and the NASDAQ also closed up.

The Americas Markets, including both Mexico’s IPC closed up and Canada's S&P TSX Composite closed down.

Central Europe’s London's FTSE 100 and the CAC 40 of France and Germany's DAX all closed up, as the initial uncertainly of the refugee upheaval seems to settle across the Central European markets.

Asian Markets, on the world stage, survived with only a hint of the encroaching worldwide bear market. Japan’s highly traded Nikkei 225 closed up. The Shanghai Composite and Hong Kong Hang Seng closed up. The only hold out, the SENEX of India closed down.

Nikkei 225

The Japanese Nikkei 225 opened the trading week up (17,993.10) managed after a slight fall and midday rally to close Monday up barely.

The Tuesday opening bounce (18,364.12) put the Nikkei in the position for a solid week and holding the gains from the bounce the Nikkei in solid positioning.

The usual rally/decline continued on Wednesday and the Thursday opening the Nikkei was in line to reach the week high (18,384.52) which was followed immediately by a decline. BY 3:00pm Friday the Nikkei saw a late day rally and surpassed the weekly highs to close up.

The Nikkei closed the trading week up at 18,438.67 with triple digit gains of (+297.50/+1.64%). 

Gainers for the week include Obayashi Corporation (+94.00/+9.50%), Toyaot Tsusho Corp (+213.00/+8.13%), Toho Zinc Co Ltd (+25.00/+7.91%), Kajima Corp (+49.00/+7.79%).

Losers include Fast Retailing Co Ltd (-4,830.00/-9.93%), NTT Corp (-140.00/-2.04%), Asahi Glass Co Ltd (-9.00/-1.22%) and J Front Ratailing Co Ltd (-23.00/-1.18%).

Active on the Nikkei include Mizuho Financial Group Inc, in 42 straight weeks of strong trading, moving 158.69M shares to close up at ¥238.40 for a gain of (+0.93%), Unitika Ltd in medium trading moved 68.05M shares to close up at ¥62.00 for a gain of (+5.08%), Toshiba Corp in medium trading, moved 58.86M shares to close up at ¥347.60 for a gain of (+5.33%), Kobe Steel Ltd in strong trading moved 54.34M to close up at ¥156.00 for a gain (+6.85%).

FTSE 100

London Markets began the week up, opening Monday at 6,226.86, followed immediately by a steady rally that continued, slowly climbing, bringing the FTSE back nearly to the mid-6,000 and by weeks end the bear had backed off the London Markets and the Brit’s closed the week up.

By Monday’s close the markets had reached back above 6,000 and began a steady rally which continued throughout the week.

Minor declines/rallies gave way to a slight dip and slide throughout Friday and the week high of 6,451.16. The FTSE managed to keep the bear at bay and sustain the market gains to close the week with double digit gains.

The London Markets closed up at 6,416.16 with double digits gains of (+41.34/+0.65%).

Gainers in the FTSE 100 include Anglo American PLC (+47.30/+6.98%), Glencore PLC (+7.50/+6.22%), Standard Chartered PLC (+37.90/+5.06%), Ashtead Group PLC (+42.00/+4.20%).

Losers include Sports Direct International PLC (-50.00/-6.77%), Persimmon PLC (-55.00/-2.74%), National Grid PLC (-20.40/-2.18%), and TUI AG (-26.00/-2.10%).

Active on the FTSE 100 included Glencore PLC, in strong trading, moved 107.40M shares to close up at €128.15 per share for a gain of (+6.22%), Lloyds Banking Group PLC moving 86.99M shares in strong trading, closed up at €77.26 for a gain of (+1.28%), Vodafone Group PLC in medium trading moved 36.23M shares to close up at €212.05 for a gain of (+0.98%), BP PLC, in light trading moved 26.80M shares to close up at €391.60 per share for a gain of (+0.68%).

Hang Seng Index 

The Hang Seng Index opened the trading week down (21,930.89) and remained steady with only small rallies and declines.

Tuesday opened low and a mid-day rally continued throughout Tuesday. Wednesday’s opening (22,588.69) brought the Hang Seng near the high for the week and immediately experienced a mild decline. Opening Friday with a bounce (22,807.87) the FTSE was able to sustain through the adjustment and closed to week up.

The Hang Seng ended the trading week up with triple digit gains.

The Hang Seng closed up at 22,458.80 with double digit gain of (+103.89/+0.46%).

Gainers on the Hang Seng Index include BOC Hong Kong Holdings Ltd (+1.05/+4.29%), CNOOC Ltd (+0.32/+3.58%), Lenovo Group Ltd (+0.24/+3.54%), Bank of East Asia, Ltd (+0.80/+2.92%).

Losers for the week include China Mengniu Dairy Co Ltd (-0.55/-1.80%), Sino Land Co Ltd (-0.22/-1.75%), Cheung Kong Property Holdings Ltd (-1.00/-1.71%), China Resources Enterprise Ltd (-0.22/-1.57%).

Active trading on the Hang Seng Hong Kong Index includes Industrial and Commercial Bank of China Ltd, in strong trading, moved 481.16M shares to close up at HK$4.99 (+2.46%), Bank of China Ltd, in heavy trading, moved 468.96M shares to close up at HK$3.65 (+1.67%), China Construction Bank Corp, in heavy trading moved 397.23M shares to close up at HK$5.66 (+1.43%), CNOOC Ltd in medium trading moved 163.16M shares to close up at HK$9.27 (+3.58%).

Source: Bing Finance

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