Latest News in Stock Funds Markets – July 08, 2009

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Cos with low-floating stocks slowly gain weight – Economic Times

8 Jul 2009 at 1:49am
MUMBAI: Finance Minister Pranab Mukherjee?s statement in the Budget, stressing the need for higher public float in Indian companies, could increase opportunities for equity investors, besides adding depth to the market. There are many fundamental …

Asian Stock Markets Tumble as Caution Sets In – New York Times

8 Jul 2009 at 12:23am
HONG KONG ? The renewed caution about the precarious state of the global economy that began to stalk stock markets last week returned in full force in Asia on Tuesday, sending key indexes in Japan, Hong Kong and South Korea down more than 2.8 …

Stock market hits two-month low – Pueblo Chieftain

7 Jul 2009 at 11:11pm
NEW YORK – Investors sent stocks sliding after another tumble in oil prices eroded hopes for a speedy recovery in the economy. The Dow Jones industrial average fell 161 points to its lowest close since late April. Major stock indexes skidded 2 …

Buy Asian Stocks as Markets Dip, Credit Suisse Says (Update1) – Bloomberg

7 Jul 2009 at 10:57pm
July 8 (Bloomberg) — Investors should take advantage of a likely pullback in equity markets in the next three months to buy Asian shares on optimism for a global economic recovery, Credit Suisse Group said. Investors are advised to reduce their …

Slumping crude oil prices drag stock market lower – Sioux City Journal

7 Jul 2009 at 10:50pm
NEW YORK (AP) — Falling oil prices are becoming another sign of investors’ deflating hopes for a speedy economic recovery. Major stock indexes skidded 2 percent Tuesday as crude fell for the fifth straight day and the Dow Jones industrial average …

Budget to benefit several sectoral funds – Silicon India

7 Jul 2009 at 11:26pm
Bangalore: Though, many may argue that except infrastructure, there were less sector-specific sops that the Union Budget had in store, there are some sectoral mutual funds (MF) that may actually benefit from the budget. Dhirendra Kumar, CEO of Value …

U.S. Stock-Index Futures Advance in Europe; Alcoa Climbs – Bloomberg

8 Jul 2009 at 2:53am
July 8 (Bloomberg) — U.S. stock-index futures gained in European trading before Alcoa Inc. kicks off the second-quarter earnings season. Alcoa , the largest U.S. aluminum producer, advanced 1 percent in Europe. Google Inc. rose after saying it plans …

Dubai shares tumble on oil, global stocks – Business24-7

7 Jul 2009 at 11:54pm
Dubai’s index declined in early trading as stocks retreat on rising doubts over second-quarter earnings and a worsening global economic outlook pushes investors to sell. The benchmark fell 2.3 per cent to 1,719 points. Emaar Properties lost 4.3 per …

MIG stock slumps as investors await plans – The Age

8 Jul 2009 at 12:16am
Shares in Macquarie Infrastructure Group have slumped more than 8 per cent after the tollroad operator said it has yet to finalise plans that could lead to a major overhaul. The release of several downbeat analyst reports in recent weeks has promoted …

Indian Market Tumbles In Early Trade – RTT News

7 Jul 2009 at 10:43pm
(RTTNews) – Wednesday, the Indian market is trading sharply lower amid weak global cues on worries a world economic recovery would take longer than expected. Net FII selling and concerns about a rising fiscal deficit are also weighing on investor …

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July 08 2009 03:06 am | Stock Market News

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