Money News: North American Markets, London, Hong Kong Close Down; Nikkei, Shanghai, France, Rally

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Category: Business/Financial News

Published on Sunday, 01 March 2015 17:52

Written by Janet Walker

The DOW Jones Industrial Average, NASDAQ, the S&P 500, unable to shake the Bear possibilities, announced by industry analysts, coupled with the continuing concern over an ever growing ISIS threat has marked a down turn in investment confidence.

The DOW performed steadily throughout the week but was unable to rally and posted high double digit losses to close down at 18,132.70 (-81.72/-0.45%). Opening at 18,213.26, the DOW held a daily range of 18,132.38-to-18,213.26.

Gainers for the week include Air Methods (+7.32/+16.03%) with a closing price of $52.99 per share, Monster Beverage Corp (+16.38/+13.13%) with a closing price of $141.12 per share, Aruba Networks Inc (+2.20/+9.73%) with a closing price of $24.81, Rovi Corp (+1.94/+8.46%) with a closing price of $24.88.

Losers for the week include Pegasystems Inc closing down at $19.79 per share down (-3.36/-14.51%), Momo Inc closing down at $11.31 with a loss of (-1.21/-9.66%), HMS Holdings Corp also closed down at $17.54 for a loss of (-1.30/-6.90%) and PRA Group Inc closing down at $50.09 per share for a loss of (-3.57/-6.65%)

Active for the week included Apple Inc in medium trading moved 62.01M shares, closing down at $128.46 per share with a loss of (-1.50%), MicroSoft Corp moved 33.81M shares in light trading to down at $43.85 per share with a loss (-0.47%), Facebook Inc in light trading moved 30.74M shares closing down at $78.97 per share with a loss of (-1.79%) and Cisco Systems Inc in light trading moved 29.14M shares closing down at $29.51 per share with a loss of (-1.34%).

The NASDAQ closed down at 4,963.53 with a loss of (-24.36/-0.49%).

The S&P 500 also closed up at 2,104.50 for a gain of (-6.24/-0.30%).

World Markets

The ten most watched world markets experienced a 50/50 split as the North American Markets, including the DOW Jones Industrial, S&P500, NASDAQ, Canada’s S&P TSX Composite, London’s FTSE 100 and the Hong Kong Hang Seng all closed down with Germany’s DAX, Mexico’s IPC, Asian’s Shanghai Composite, Japan’s Nikkei 225 the CAC 40 of France, and SENEX of India closing up.

Nikkei 225

The Japanese Nikkei 225, stayed steady throughout the week with small gains to close the trading week up, minimally, with minor double digit gains, at 18,797.94 for a gain of (+12.15/+0.06%).

Gainers for the week include Meiji Holdings Co Ltd (+740.00/+5.46%), Sumco Corp (+105.00/+4.57%), Screen Holdings Co Ltd (+24.00/+3.03%), Mitsubishi Chemical Holdings Corp (+19.20/+2.97%).

Losers include Tokyo Dome Corp (-26.00/-4.33%), Yokogawa Electric Corp (-56.00/-4.25%), Tokyo Tatemono Co., Ltd (-29.00/-3.16%) and Tokyu Fudosan Holdings Corp (-22.00/-2.63%).

Active on the Nikkei include Mizuho Financial Group Inc, in a eleventh straight weeks of strong trading, moved 201.55M shares, not enough to rally, and closed down at ¥219.90 for a loss of (-0.09%), Mitsubishi UFJ Financial Group Inc in medium trading moved 95.77M shares to close down at ¥774.40 for a loss of (-1.59%). Also active on the Nikkei 225 were Sharp Corp, in light trading moved 38.97M shares to close up at ¥254.00 for a gain of (+1.20) and Nomura Holdings Inc also in light trading moved 36.23M shares to close up at ¥735.10 for a gain of (+.77%).

FTSE 100

London Markets, rallied thought the week, although not enough to edge up and finished the trading week down with minor single digit losses to end the week 6946.66 with a loss of (-3.07/-0.04%).

Gainers in the FTSE 100 include International Consolidated Airlines Group (+23.50/+4.20%), Associated British Foods PLC (+87.00/+2.85%), Imperial Tobacco Group PLC (+77.00/+2.46%), Intertek Group PLC (+55.00/+2.23%).

Losers include Intu Properties PLC (-17.70/-4.75%), Royal Bank of Scotland Group (The) PLC (-17.18/-4.44%), Barclays PLC (-4.60/-1.76%) and Weir Group PLC (-28.00/-1.61%).

Active on the FTSE 100 included Lloyds Banking Group PLC moving 194.61M shares in strong trading to close up at €79.37 for a gain of (+1.11%), HSBA Holdings PLC, in light trading moved 32.13M shares to close down at €578.90 per share for a loss of (-0.46%), Royal Bank of Scotland Group (The) PLC also in light trading moved 25.79M shares to close down at €369.42 for a loss of (-4.44%) and Barclays, in light trading moved 24.99M shares to close down at €257.50 per share for loss of (-1.76%).

Hang Seng Index

The Hang Sang Index, took the brunt of the Asian Market downturn, and in weak trading closed down experiencing high double digit losses.

The Hang Seng closed down at 24,823.29 with double digit losses of (-78.77/-0.32%).

Gainers on the Hang Seng Index include Galaxy Entertainment Group Ltd (Hong Kong) (+1.10/+2.85%), Sand China Ltd (Hong Kong) (+0.90/+2.60%), China Unicom (Hong Kong) Ltd (+0.26/+2.02%), China Merchants Holdings (International) (Hong Kong) (+29.55/+1.90%).

Active trading on the Heng Seng Hong Kong Index includes Industrial And Commercial Bank of China moving, in intense trading, 194.10M shares closed down HK$5.68 (-0.53%), Bank of China Ltd also in intense trading moved 170.68M shares closing up at HDK$4.48 up (+0.22%), and China Construction Bank Corp in active trading moved 139.49M shares to close down at HK$6.47 for a loss of (-0.31%).

Losers for the week include Want Want China Holdings Ltd (Hong Kong) (-0.22/-2.51), Wharf Holdings (-1.40/-2.40%), China Mobile Ltd (-1.40/-1.31%), Tingyi (Cayman Islands) Holdings Ltd (-0.24/-1.22%).

Source: Bing Finance