Latest News in Stock Funds Markets – Jan 14, 2009

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Hong Kong Stocks Gain on Higher Oil Price, China Property Plans – Bloomberg

13 Jan 2009 at 11:33pm
Jan. 14 (Bloomberg) — Hong Kong stocks rose, snapping the longest losing streak in four months, as a rebound in oil prices lifted energy producers and plans by China to boost the property market sent developers higher. Cnooc Ltd. , the nation?s …

Sensex open higher, Satyam climbs – Indian Express

13 Jan 2009 at 10:28pm
Mumbai: Snapping a four-session long losing streak after Satyam fiasco, the Bombay Stock Exchange benchmark Sensex on Wednesday recovered by over 204 points in early trade on revival of buying by foreign funds, taking cues from firming trends in the …

China stocks surge 3.5 pct after loan data – Forbes

14 Jan 2009 at 12:30am
SHANGHAI, Jan 14 (Reuters) – China’s stock market rose sharply on Wednesday, led by financial shares, after economic data raised hopes that economic growth might bottom out more quickly than many had expected. The Shanghai Composite Index closed up 3 …

Nikkei edges up on exporters, worried about earnings – Forbes

14 Jan 2009 at 12:09am
TOKYO, Jan 14 (Reuters) – Japan’s Nikkei average eked out a 0.3 percent gain on Wednesday, as exporters such as Sony Corp (nyse: SNE – news – people ) rebounded after falls the day before but worry about earnings amid a wave of grim profit forecasts …

Oil rises to near $39 on Bernanke comments – AOL

13 Jan 2009 at 11:11pm
SINGAPORE -Oil prices rose to near $39 a barrel Wednesday in Asia after Federal Reserve Chairman Ben Bernanke said a stimulus package could help revitalize the ailing U.S. economy. Light, sweet crude for February delivery was up 94 cents to $38.72 a …

Stock & fund quotes – ninemsn

14 Jan 2009 at 12:30am
TOKYO, Jan 14 (Reuters) – Japan’s Nikkei average eked out a 0.3 percent gain on Wednesday, as exporters such as Sony Corp 6758.T> rebounded after falls the day before but worry about earnings amid a wave of grim profit forecasts limited gains …

Japan Stocks Rebound, Led by Energy Producers; Toshiba Jumps – Bloomberg

14 Jan 2009 at 12:30am
Jan. 14 (Bloomberg) — Japanese stocks rebounded from the longest losing streak in two months as higher oil prices lifted energy producers and shippers advanced on increases in fees for transporting commodities. Inpex Corp., Japan?s largest oil …

Fidelity led in ‘08 fund withdrawals – Boston Globe

13 Jan 2009 at 10:07pm
Fidelity Investments, Franklin Resources Inc. , and Legg Mason Inc. suffered the biggest US mutual-fund withdrawals in 2008, according to Morningstar Inc. Investors pulled $40 billion from stock and bond funds at Boston-based Fidelity, the biggest …

Lame Fund Managers Head for an ETF Thumping: Jane Bryant Quinn – Bloomberg

13 Jan 2009 at 10:07pm
Jan. 14 (Bloomberg) — The ETF industry has the enemy in its sights: It?s the active manager who runs a traditional equity mutual fund. When they first appeared in the marketplace, ETFs — exchange-traded funds — talked up such virtues as their …

Is Your Mutual Fund One of the Worst? – The Money Times

14 Jan 2009 at 12:02am
Legg Mason Opportunity Trust (LMOPX), down 66%. Winslow Green Growth (WGGFX), down 61%. Legg Mason Growth Trust (LMGTX), down 60%. The Legg Mason Opportunity Trust fund is led by none other than Bill Miller, famous for beating the S&P 500 for 15 …

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January 14 2009 12:24 am | Stock Market News

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