DOWNLOAD ~ FINAM - Daily Market Watch - Nov 2, 2009 " by ADP News Middle East & Africa ~ Book PDF Kindle ePub Free

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eBook details

• Title: FINAM - Daily Market Watch - Nov 2, 2009
• Author : ADP News Middle East & Africa
• Release Date : January 02, 2009
• Genre: Economics,Books,Business & Personal Finance,Reference,
• Pages : * pages
• Size : 58 KB

Description

Market Roundup Domestic equities moved lower after Friday's opening, driven by a downswing on European exchanges and falling oil prices, and more negativity rolled in from a pullback in US benchmarks at the open and worse-than-expected economic data out of the United States. As a result, the RTS Index skidded 2.08% and the MICEX Index sank 4.24%. A retreat in crude prices was the main reason for a retreat in O&G plays, as Gazprom slid 4.5%, Rosneft plunged 4.3% and Lukoil plummeted 4.7%. Banking names lagged slightly behind the market, with Sberbank pulling back 4.5% and Bank VTB decreasing 5.7%. Steel makers followed the market, but mostly outperformed, as MMK was down 2.1%, NLMK lost 2.5% and Severstal plunged 4.6%. Bearish trends again held sway on the US stock market Friday, with the benchmarks losing more than 2.5%.

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