Money News: Paris Terrorist Attack Sends Investor Confidence Plummeting; Dow, European Markets Close Down, Asian Up

Details

Category: Business/Financial News

Published on Sunday, 11 January 2015 16:49

Written by Janet Walker

The Charlie Hebdo Terrorist Attacks sent reverberations throughout the world as investors remained shaken and concerned. The December Jobs Report, released from The Bureau of Labor Statistics, heralding another success for the Obama Administration couldn't save the Dow Jones Industrial Market from sustaining heavy losses.

The DOW took a heavy hit this week sustaining a triple digit loss and closed down at 17,737.37 (-170.50/-0.95%). Opening at 17,911.02, the DOW held a daily range of 17,686.09-to-17,915.32.

 Gainers for the week include Cisco Systems Inc (+0.28/+1.02%) with a closing price of $27.79 per share, Walt Disney Company (+0.46/+0.49%) with a closing price of $94.25 per share, International Business Machine Corp (+0.69/+0.44%) with a closing price of $159.11, Pfizer Inc (+0.15/+0.46%) with a closing price of $32.65.

Losers for the week Chevron closing at $108.21 per share down (-$2.20/-1.99%), JPMorgan Chase & Co closing down at $59.34 with a loss of (-1.05/-1.74%), Home Depot Inc also closed down at $104.89 for a loss of (-1.83/-1.71%) 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 Cisco Systems Inc moved 33.60M shares in light trading to close up at $27.79 per share with a gain of (+1.02%) and Microsoft Corp in light trading moved 23.94M shares, closed down at $47.19 per share with a loss of (-0.84%).

The NASDAQ, along with the three other U.S. Markets, closed down at 4,704.07 with a loss of (-32.12/-0.68%).

The S&P 500 also hit the skids and closing down at 2,044.81 for a loss of (-17.33/-0.84%).

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 and Russell 2000 Mini, the most watched European Markets, CAC 40 of France, London's FTSE 100, Germany's DAX, Asian's Shanghai Composite and Mexico's IPC all closed down leaving three Japan's Nikkei 225, Hong Kong Hang Seng and the SENEX of India, closing up.

Nikkei 225

The Japanese Nikkei 225 rallied along with the Hong Kong Markets, to close the first full week of 2015 trading up with solid double digit gains, at 17,197.73 for a gain of  (+30.63/+0.18%). 

Gainers for the week include NTT DoCoMo  Inc  (+93.50/+5.26%), Chugai Pharmaceutical Co Ltd (+100.00/+3.32%), Nippon Telegraph & Telephone Corp   (+144.00/+2.32%), Kawaski Heavy Industries Ltd (+12.00/+2.20%).

Losers include Daiichi Sankyo Co Ltd (-96.50/-5.71%), Screen Holdings Co Ltd (-36.00/-4.96%), Mazda Motor Corp  (-131.00/-4.79%) and Pioneer Corporation (-9.00/-3.72%).

Movers on the Nikkei include Mizuho Financial Group Inc, in a fourth straight week of strong trading, moved 95.49M shares and closed slightly down at ¥202.80 for a loss of (-0.15%), Tokyo Electric Power Co Inc in strong trading moved 38.68M shares to close down at ¥482.00 (-1.98%).

FTSE 100

London Markets, in an abbreviated Holiday trading week, tumbled sustaining a double digit loss closing down at 6501.14 with a loss of (-68.82/-1.05%).

Gainers in the FTSE 100 include ITV PLC (+4.00/+1.91%), Friends Life Group Ltd (+6.60/+1.81%), Aviva PLC (+7.20/+1.49%), Johnson Matthey PLC (+50.00/+1.45%).

Losers include Taylor Wimpey PLC (-7.10/-5.35%), Persimmon PLC (-80.00/-5.20%), Barratt Development PLC (-23.30/-5.12%) and Morrison (Wm) Supermarkets PLC (-8.40/-4.55%).

Active on the FTSE 100 included Lloyds Banking Group moving 98.09M shares in heavy trading couldn't sustain the shaky investor confidence and closed down at €73.74 for a loss of (-0.49), Tesco PLC, in medium trading moved 62.85M shares to close down at €204.10 per share for  loss of (-2.46%), Vodafone Group PLC, also unable to sustain the volatile market, in medium trading moved 54.00M shares to close down at €224.90 per share for loss of (-0.38%).

Hang Seng Index

The Hang Sang Index also managed, along with the Japanese Nikkei 225, to shake the volatile world reaction to the Terrorist attacks in France and maintain investor confidence as the Asian Markets as the held a strong rally throughout the week with only the Shanghai Composite closing slightly down.

The Hang Seng closed up at 23,919.95 with strong double digit gains of (+84.42/+0.35%).

Gainers on the Hang Seng Index include China Unicom Ltd  (Hong Kong) (+0.56/+5.26%), Cathay Pacific Airways Ltd (Hong Kong) (+0.50/+2.91%), BOC Hong Kong Holdings Ltd  (Hong Kong) (+0.55/+2.14%), Wharf Holdings (+1.15/+1.98%).

Active trading on the Heng Seng Hong Kong Index includes China Construction Bank Corp in intense trading moved 322.64M shares to close at HDK$6.45 (0.00%), Bank of China Ltd moving, in intense trading for the sixth consecutive week, 511.66M shares regained its footing and closed up HK$4.44 (+0.23%) and Industrial and Commercial Bank of China Corp also in intense trading moved 264.52M shares closing up at HDK$5.73 with a gain of (+0.17%), and China Petroleum & Chemical Corp in moderate trading moved 160.86M shares to close down at HK$6.21 for a loss of (-0.96%).

Losers for the week include Galaxy Entertainment Group Ltd (Hong Kong) (-0.85/-2.07) China Shenhua Energy Co Ltd (Hong Kong) (-0.40/-1.72%), Tingyi (Cayman Islands) Holdings Corp (-0.28/-1.56%), China Petroleum & Chemical Corp (-0.06/-0.96%).

Source: Bing Finance