US Markets Perform Well; World Markets Rebound

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Category: Business/Financial News

Published on Sunday, 17 August 2014 14:26

Written by Janet Walker

The Dow Jones Industrial Average overall had a strong week, surging, the market maneuvered once again to within striking range of the new high record recently set and gained enough to end the week respectably.

The DOW closed down in heavy trading the markets only momentarily move above the 16,717.01 opening. Falling momentarily the DOW surged throughout the remainder of the week, unfortunately not with enough power to break even and closed the week at 16,662.91 for a net loss of -50.67/-0.30%.

Big winners for the week include Coco-Cola (+0.70/+1.74%) trading with a closing price of $40.88 per share, Microsoft (+0.52/+1.17%) closing at $44.79 per share, Walt Disney Co at $89.28 per share up +0.67/+0.76% and Intel Corp at $34.17 per share up +0.23/+0.68%.

Losers include Visa Inc (-2.33/-1.10%), American Express Co (-0.67/-0.77%).

Active on the DOW include Microsoft Corp in strong trading moved 41.61M shares, Cisco Systems 33.63M shares in moderate trading for a net loss of -0.45%, Intel Corp moved 28.58M shares in light trading for a net gain of 0.68%, General Electric Co, also in light trading moved 28.17M shares for a loss -0.93% to $25.64 per share.

The NASDAQ had a bullish run throughout the week closing at 4464.93 up +11.93/+0.27% with very little fluctuation.

The S&P 500, ran alongside the DOW and NASDAQ, gaining almost all the previous week's loss, fell slightly closing down at 1955.06, with a loss of -0.12/-0.01%.

World Markets

Nikkei 225

The Japanese Nikkei finally recovered and the market soared throughout the week as the uncontrollable spin finally came to a stop. The market gained steadily falling throughout the week, never looking back, the Nikkei closed up at 15, 318.34 with a loss of +3.77/+0.02%. 

Big winners for the week include Unitika Ltd (+2.00/+4.44%), Kawasaki Kisen Kais0 (+9.00/+4.05%), Mitsui O SK Lines Ltd (+10.00/+2.72%).

Losers include Showa Shell Sekiyu.( -29.00/-2.54%), Nikon (-34.50/-2.26%),  Daikin Industries ltd (-139.00/-2.08%),  and NH Foods Ltd., (-48.00/-2.05%).

Movers on the Nikkei Mizuho Financial Group in medium trading at 66.72M shares at $196.50 per share for a net gain of +0.05% and Unitika Ltd., at $47.00 per share in light trading at 51.90M shares and a net gain of +4.44%.

FTSE 100

London Markets rallied strong throughout the week beginning the week at 6685.26 and the FTSE 100 moved steadily throughout the week and closed up 6689.08 a net gain of +3.82/+0.06%.

Big winners in the FTSE 100 include 3i Ord (+6.30/+1.70%), Ashtead Group PLC (+13.00/+1.45%), Morrison (Wm) Supp (+2.40/+1.41%) and BHP Billiton PLC (+24.50/+1.21%).

Losers include Smith & Nephew PLC (-23.00/-2.21%), Fresnillo PLC (-22.00/-2.14%), Royal Mail PLC (-8.50/-1.80%) and HSBC Holdings PLC (-7.90/-1.21%).

Active on the FTSE 100 includes Lloyds Banking Group traded 82.34M shares to close at $73.59 in heavy trading up +0.12%, Vodafone Group PLC traded 39.63M shares at $197.55 in strong trading with a net gain of 0.64% and Barclays PLC selling at$217.60 in light trading at 32.14M, for a net loss of 0.18%.

Hang Seng Index

The Hong Kong Markets began the week still reeling from the previous weeks bloodbath and like the Nikkei the Hang Seng market rebounded surging throughout the week and closed up at 24,954.94 with a net of gain of 153.58/0.62%

Index movers on the Hang Seng Index include China Mobile Ltd (+5.10/+5.78%), Lenovo Group Ltd (+0.30/+2.6%), CITIC Pacific Ltd (+0.22/+1.35%), Power Assets Holding (+0.95/+1.33%).

Active trading on the Heng Seng Hong Kong Index includes China Construction Bank at 133.830M shares up slightly at 5.91 with a net gain of +0.51%, Industrial and Com trading 112.22M shares, up 5.26 with a net gain of +0.39% and China Mobile Ltd trading up 72.74M shares with a gain of +5.78%.

Losers for the week include China Unicom Hong Kong Ltd down (-0.12/-0.92%), AIA Group Ltd Holdings down (-0.45/-1.04%) and Tingyi (Cayman Island) Holdings Group (-0.02/-1.08).

Information courtesy of Bing Finance