Money News: Global Markets Close Down; Europe, Asian Markets Down; Nikkei Closes Up

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The Dow Jones Industrial closed the trading week down with a stunning loss as the bear market roared back pummeling the three main U.S. and mauling nine of the ten most watched global markets with the same intensity.

The DOW opened Monday December 7, 2015 at 17,783.09, the week high before a brief decline and ended the day at 17,730.5, a minor 50 point drop.

Stocks on the DOW opened down on Tuesday with a 200 point drop followed by a 150 point rally. The DOW closed Tuesday with a 70 point gain from the opening low. Wednesday opened with a bounce leading to a rally that appeared to close in on the week high. A sudden and unexplainable sharp decline pushed the DOW into a freefall losing more than 300 points.

The DOW managed an additional impressive rally followed by an additional sharp decline with the DOW closing the week down.

The DOW closed the trading week down with triple digit loss at 17,265.21 (-309.54/-1.76%). Opening at 17,574.75. The DOW held a day range of 17,230.50-to-17,574.75.

Gainers include Finisar Corp (+2.59/+22.25%) with a closing price of $14.23 per share, Whole Foods Market Inc closing up at $34.02 per share for a gain of (+2.69/+8.59%), Towers Watson & Co (+5.62/+4.41%) with a closing price of $132.96 per share, and Lumentum Holdings Inc closing up at $20.34 per share for a gain of (+0.80/+4.09%).

Losers for the week include Sage Therapeutics Inc closing down at $48.75 per share for a loss of (-4.51/-8.47%), West Corp closing down at $22.91 with a loss of (-2.03/-8.14%), Endurance International Group Holdings Inc (-1.12/-8.06%) with a closing price of $12.77 and LendingTree Inc (-8.23/-8.01%) with a closing price of $94.51.

Active for the week included Apple Inc in medium trading moved 113.18M shares closing down at $113.18 per share with a loss of (-2.57%), Sirius XM Holdings Inc, in medium trading moved 42.28M shares, to close down at $4.01 per share with a loss of (-1.23%), Microsoft in medium trading moved 39.55M shares, closing down at $54.06 per share for a loss of (-2.19%), Cusco Systems Inc in soft trading moved 34.30M shares closing down at $26.16 per share with a loss of (-2.28%).

The NASDAQ closed down at 4,933.47 for a loss of (-111.71/-2.21%).

The S&P 500 also closed down at 2,012.37 for a loss of (-39.86/-1.94%).

World Markets

The ten most watched world markets, across the board, closed the trading week down. The DOW Jones Industrial, NASDAQ and S&P500 closed down

The Bear Market swept across eight of the ten most watched global markets. The Americas Markets split with Mexico’s IPC and Canada's S&P TSX Composite closing down.

The three top ten watched Central European Markets also closed down.

The highly traded Asian Markets were mauled and all, except the Nikkei, closed down. Nikkei closed up.

Nikkei 225

The Japanese Nikkei 225 opened the trading week up (19,764.59) and maintained a steady solid showing and strong gains through Monday, with the remainder of the week a slow, steady decline that was saved by a bounce on Friday followed by a rally to close the trading week up.

The Nikkei had strong rallies and sharp, steep declines. From Tuesday through Thursday, the Nikkei, fell steadily ending close of business Thursday near the week low.  Thursday’s opening saw week low of 19,027.57 open trading.

An opening bounce Friday, brought the Nikkei to within striking distance and a mild rally finished the day out closing a poor showing trading week up.

The Nikkei closed the trading week up at 19, 230.48 with triple digit gain of (+183.93/+0.97%). 

Gainers for the week include Comsys Holdings Corp (+77.00/+4.58%), Credit Saison Co Ltd (+96.00/+4.14%), Yaskawa Electric Corp (+56.00/+3.45%), Tokai Carbon Co Ltd (10.00/+2.89%).

Losers include Seksui House Ltd (-103.50/-4.98%), Nippon Suisan Kaisha Ltd (-12.00/-2.62%), Maaruha Nichiro Corp (-44.00/-2.27%) and Yahoo Japan Corp (-10.00/-1.92%).

Active on the Nikkei include Mizuho Financial Group Inc, in 51 straight weeks of strong trading, moving 146.48M shares to close up at ¥242.80 for a gain/loss of (+/- 0.00%), Unitika Ltd in medium trading, moved 72.68M shares for a gain/loss of ¥57.00 for a gain/loss of (+/-0.00%), Mitsubishi UFJ Financial Group Inc in medium trading moved 72.35M shares to close down at ¥775.50 for a loss of (-0.51%), Sharp Corp in light trading moved 50.18M to close up at ¥128.00 for a gain of (+2.40%).

FTSE 100

London Markets, trading a full week, began the week up opening Monday at the week high of 6,267.43 quickly rallied and fell steadily throughout the week, with barely a rally mid-week, closing the trading week down with major triple digit losses.

Stocks on the FTSE opened up on Monday, December 7, 2015, slightly higher at the week high of 6,270.06, and continued, briefly, with minor gains.

By mid-morning Monday, the FTSE began a slow, steady decline that continued throughout the end of the trading week.  

A minor rally, mid-afternoon, Wednesday became the only bright spot in an otherwise dismal showing on the FTSE.

Friday stocks opened down and continued the slide throughout the day Friday with a loss of more than 200 points. The decline continued throughout Friday hitting the week low of 5,951.46 and managed the only rally the FTSE saw all week late Friday afternoon.

The London Markets closed down at 5,952.78 with triple digit loss of (-135.27/-2.22%).

Gainers in the FTSE 100 include Merlin Entertainments PLC (+2.40/+0.55%), Admiral Group PLC (+6.00/+0.37%), Centrica PLC (+0.65/+0.31%), Meggitt PLC (+0.60/+0.17%).

Losers include Old Mutual PLC (-19.00/-10.91%), Anglo American PLC (-26.00/-8.16%), BG Group PLC (-48.90/-5.01%), and BHP Billiton PLC (-33.31/-4.54%).

Active on the FTSE 100 included Lloyd Banking Group PLC moving 84.87M shares in strong trading, closed down at €70.10 for a loss of (-3.05%), Glencore PLC, in strong trading, moved 61.00M shares to close down at €85.37 per share for a loss of (-3.97%), Vodafone Group PLC in medium trading moved 62.42M shares to close up at €208.15 for a loss of (-2.12%), Barclays PLC, in light trading moved 48.59M shares to close down at €211.20 per share for a loss of (-3.12%).

Hang Seng Index 

The Hang Seng Index opened the trading week up at (22,336.32) and maintained Monday with minimal losses by Tuesday the Hang Seng bottomed out and the remainder of the week was a series of minor rally and steady declines to close the week out with triple digit losses.

The Hang Seng saw the week high early on Monday with the opening high of 22,336.32 where they hovered throughout Monday.

Opening sharply low on Tuesday, the Hang Seng lost nearly 200 points at the opening and continued on a freefall. By mid-morning Tuesday, the Hang Seng lost over 500 points.

Stocks opened Wednesday with a minor rally, which gained back close to 200 point suffered in the Tuesday mauling, followed by a sharp and steady decline. The Hang Seng remaind low throughout the week.

Stocks on the Hang Seng opened Friday low and continued to fall. Unable to initiate a rally the Hang Seng closed the trading week down with triple digit losses.

The Hang Seng closed down at 21,464.05 with a loss of (-240.56/-1.11%).

Gainers on the Hang Seng Index include China Unicom (Hong Kong) Ltd (+0.08/+0.88%), Want Want China Holdings Ltd (+0.03/+0.53%), Lenovo Group Ltd (+0.03/+0.37%), CLP Holdings Ltd (+0.15/+0.23%).

Losers for the week include Belle International Holdings Ltd (-0.50/-7.53%), China Merchants Holdings (International) (-0.70/-2.91%), China Life Insurance Co Ltd (-0.70/-2.79%), Piung An Insurance (Group) Co. of China Ltd (-1.15/-2.72%).

Active trading on the Hang Seng Hong Kong Index includes Bank of China Ltd, in heavy trading moved 213.46M shares to close down at HK$3.32 (-0.30%), Industrial and Commercial Bank of China, in heavy trading, moved 163.30M shares to close down at HK$4.53 (-0.22%), China Construction Bank Corp, in heavy trading, moved 131.92M shares to close down at HK$5.16 (-0.77%), CNOOC, in medium trading moved 69.56M shares to close down HK$7.96 (-2.57%).

Source: Bing Finance

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