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Thursday 24th of July 2008

Latest Investment News

The latest news on equities, commodities, and bonds:

May 19, 2008

More parents taking advantage of Child Trust Funds

by Kay Murchie
”More
The Government has announced that Child Trust Fund (CTF) opening rates have increased from 70% to 72%. Commenting on the figures, Kity Ussher, economic secretary, said that the Government remained committed to increasing this total, through publicity campaigns focusing on parents. Ms Ussher is urging low-income families to make contributions to the CTF account, however small they might be, ...



May 8, 2008

European markets end mixed

by Elaine Frei
European markets end mixed
Europe’s markets were mixed Thursday, with the FTSE Eurofirst 300 down 0.2 percent to 1,359.37 as the Dax fell 0.06 percent to 7,071.9 and the CAC-40 dropped 0.39 percent to 5,055.58. Madrid’s IBEX, however, added 0.34 percent to 14,074. London’s markets were higher as the FTSE 100 added 0.16 percent to 6,270.8 and the FTSE 250 gained 0.97 percent to 10,549.8. Tokyo’s equities markets were also ...



May 6, 2008

Equities decline in Europe

by Elaine Frei
Equities decline in Europe
Equities markets were lower in Europe on Monday after disappointing results from the banking and insurance sectors. The FTSE Eurofirst 300 was down 0.46 percent to 1,351.76 while the CAC-40 fell 0.44 percent to 5,040.92, the IBEX was 0.48 percent lower to 14,005.8 and the Dax dropped 0.5 percent to 7,017.1. London’s markets were mixed, with the FTSE 100 losing a bare 0.3 point to ...



US billionaire investor eyeing RBS insurance operation

by Kay Murchie
US billionaire investor eyeing RBS insurance operation
Berkshire Hathaway, the investment group controlled by US billionaire Warren Buffett, is rumoured to be a possible buyer of the insurance arm of Royal Bank of Scotland (RBS). Speaking at the annual meeting of his Berkshire Hathaway investment group over the weekend, Mr Buffett said that his business was close to buying a medium-sized British company and would look at the ...



May 1, 2008

Slow London markets mixed on session

by Elaine Frei
Slow London markets mixed on session
London markets saw the slowest trading day so far this year on Thursday as the rest of Europe took the day off to celebrate May Day. The FTSE 100 ended the session unmoved at 6,087.3 while the FTSE 250 was 0.49 percent lower to 10,073. Most markets in the Asia-Pacific region were also closed for holidays, but markets in Tokyo and Australia remained ...



Worst Isa season on record say IMA

by Kay Murchie
Worst Isa season on record say IMA
According to the Investment Management Association (IMA), the fund management trade body, this year’s Isa (Individual Savings Accounts) season has been the worst on record. As investors were threatened by the financial crisis, sales of Isas fells to a new low said the IMA. Net sales of Isas fell to £1.3 billion during the 2007/08 tax year, compared to £2.5 billion ...



April 28, 2008

Asia equities mixed

by Elaine Frei
Asia equities mixed
Asia-Pacific region equities were mixed Monday, with gains led by banks. In Australia, the Sydney Ordinaries added 0.2 percent to 5,670.3 and the S&P/ASX200 was up 0.28 percent to 5,602.7, while elsewhere the Straits Times Index was 0.39 percent higher to 3,201.63, the Hang Seng gained 0.59 percent to 25,666.29 and the Taiex jumped 1.47 percent to 9,079.6. Decliners included the Kospi index, which was down ...



April 16, 2008

Dax gains 1.79 percent in Frankfurt

by Elaine Frei
Dax gains 1.79 percent in Frankfurt
Europe’s markets were higher on Wednesday, with the FTSE Eurofirst 300 adding 1.65 percent to 1,302.78 while the CAC-40 was up 1.56 percent to 4,855.1 in Paris, the IBEX was 1.71 percent higher to 13,637.6 in Madrid, and the Dax gained 1.79 percent to 6,702.84 in Frankfurt. In London, the FTSE 100 added 2.36 percent to 6,046.2 while the FTSE 250 gained ...



April 14, 2008

Global equities hurt by G-7 report

by Elaine Frei
Global equities hurt by G-7 report
Global equities markets were lower Monday after a pessimistic report from the weekend meeting of the G-7 nations in Washington, D.C., over the weekend. The Taiex dropped 0.19 percent to 8,892.68 in Taiwan while in Australia the Sydney Ordinaries fell 1.71 percent to 5,410.9 and the S&P/ASX200 was down 1.78 percent to 5,342.4. South Korea’s Kospi was 1.85 percent lower to 1,746.71, the ...



April 10, 2008

Dax, CAC-40, IBEX all lower

by Elaine Frei
Dax, CAC-40, IBEX all lower
Europe’s markets declined Thursday, with the FTSE Eurofirst 300 down by 0.41 percent to 1,303.53 while the Dax was 0.25 percent lower to 6,704.32, the CAC-40 fell 0.32 percent to 4,859.42 and the IBEX dropped 0.67 percent to 13,507.9. In London the FTSE 100 was down 0.31 percent to 5,965.1 while the FTSE 250 dropped 0.58 percent to 10,013 as the Bank of ...



April 7, 2008

London’s FTSE 100 adds 1.14 percent

by Elaine Frei
London's FTSE 100 adds 1.14 percent
London’s markets were higher on the session Monday. The FTSE 100 adding 1.14 percent to 6,014.8 and the FTSE 250 gaining 0.78 percent to 10,244.5. Markets were higher in the rest of Europe as well. The pan-European FTSE Eurofirst 300 was up 0.83 percent to 1,329.37. The IBEX added 0.53 percent to 13,919.6 while the Dax was ...



European shares rise in early trading

by Kay Murchie
”European
This morning, European shares rose in early trading. At 8:17 am, the FTSEurofirst 300 index of top European shares was up 0.6% at 1,325.91 points. British Energy rose on bid rumours while mining stocks increased on higher metal prices and bullish brokerage comment. Anglo American, Antofagasta, BHP Billiton, Vedanta, Kazakhmys and Rio Tinto all increased between 2 and 4% as the sector was ...



April 4, 2008

Europe higher, London markets mixed in end-of-week trade

by Elaine Frei
Europe higher, London markets mixed in end-of-week trade
European equities saw gains on the session Friday. The FTSE Eurofirst 300 was up 0.48 percent to 1,318.43. The CAC-40 was 0.27 percent higher to 4,900.88 in Paris while the Dax added 0.32 percent to 6,763.39 in Frankfurt and the IBEX gained 0.78 percent to 13.846.4 in Madrid. Markets were mixed in London, where the FTSE ...



April 3, 2008

Europe equities drop on session

by Elaine Frei
Europe equities drop on session
Europe’s markets were lower on Thursday. The FTSE Eurofirst 300 was down 0.44 percent to 1,312.1. The Dax was 0.53 percent lower to 6,741.72 in Frankfurt while the Paris CAC-40 fell 0.49 percent to 4,887.87 and Madrid’s IBEX dropped 0.72 percent to 13.738.90. In London, the FTSE 100 fell 0.42 percent to 5,891.3 while the FTSE 250 dropped 1.88 ...



April 2, 2008

Nikkei adds 4.21 percent as most equities markets see gains

by Elaine Frei
Nikkei adds 4.21 percent as most equities markets see gains
Global equities markets were higher on Wednesday on hopes that credit markets are pulling out of recent troubles. The biggest gains in the Asia-Pacific region came in Tokyo, where the Nikkei 225 added 4.21 percent to 13,189.36 and the Topix index was up 4.19 percent to 1,282.07 while the Mothers market of small and mid-caps was ...



Asian stocks surge raising hopes that credit crisis might be over

by Kay Murchie
”Asian
In early trading this morning, Asian stocks surged as investors hoped that the worst of the credit crisis may be over. Strong demand for a Lehman Brothers securities offering, in spite of concerns it could face similar problems to rival Bear Stearns, boosted confidence. Bank shares led stock markets higher, lifting Japan's benchmark Nikkei 3.7% and ...



April 1, 2008

Wall Street gains in afternoon trade

by Elaine Frei
Wall Street gains in afternoon trade
Wall Street was substantially higher in early afternoon trade. The Dow Jones Industrial Average had added more than 300 points to gain 2.53 percent to 12,573.02 while the Nasdaq Composite was up 2.58 percent to 2,337.96 and S&P 500 was 2.52 percent higher to 1,356.06. European markets were up on hopes that the worst is over in the subprime mortgage crisis. ...



March 31, 2008

IBEX falls 1.29 percent as Europe equities remain mixed

by Elaine Frei
IBEX falls 1.29 percent as Europe equities remain mixed
Europe’s equities markets were mixed on Monday. The FTSE Eurofirst 300 dropped 0.4 percent to 1,260.39. The Dax was down 0.38 percent to 6,534.97 while the IBEX fell 1.29 percent to 13,269. The exception was the Paris CAC-40, which added 0.24 percent to 4,707.07 on the session. London‘s markets saw gains on the session. ...



March 28, 2008

Equities see declines in Europe

by Elaine Frei
Equities see declines in Europe
Equities markets declined in Europe on Friday. The FTSE Eurofirst 300 was 0.54 percent lower to 1,264.68. The Dax was down 0.28 percent to 6,559.9 while the CAC-40 fell 4,695.92 and the IBEX dropped 0.71 percent to 13,442.4. London’s markets were also lower on the session. The FTSE 100 fell 0.43 percent to 5,692.9 while the FTSE 250 ...



March 26, 2008

Equities decline in Europe

by Elaine Frei
Equities decline in Europe
European markets saw declines Wednesday. The FTSE Eurofirst 300 was down 0.6 percent to 1,258.44. Madrid’s IBEX was 0.23 percent lower to 13,403 while the Paris CAC-40 fell 0.33 percent to 4,676.68 and the Dax dropped 0.54 percent to 6,489.26 in Frankfurt. In London the FTSE 100 was down 0.5 percent to 5,660.4 and the FTSE 250 dropped 0.39 percent ...