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Friday 30th of April 2010
September 15, 2009    

Yell Group gains 8 percent

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by Elaine Frei
Yell Group gains 8 percent

Equities markets in Europe were higher Tuesday on good news from the United States, where retail sales were reported up in August, manufacturing in the New York region saw gains and US Federal Reserve Chairman Ben Bernanke said that the recession is likely over in the US.

The FTSE 100 was 0.46 percent higher to 5,042.13 in London, while the FTSE 250 added 0.45 percent to 9,164.24.

Directories publisher Yell Group (LSE: YELL) was up 8.19 percent, while gold and silver miner Fresnillo (LSE: FRES) led a mostly higher mining sector.

The FTSE Eurofirst 300 was up 0.08 percent to 991.76 while the Dax added 0.16 percent to 5,628.98, the CAC-40 was 0.58 percent higher to 3,752.21 and the IBEX gained 0.88 percent to 11,593.3.

Asia-Pacific region equities markets were mostly higher, but results were mixed on the session.

The Nikkei 225 was up 0.15 percent to 10,217.62 in Tokyo, and the Mothers market of small and mid caps added 0.34 percent to 463.31, but the Topix index was 0.16 percent lower to 932.52.

In Australia, the S&P/ASX200 added 0.2 percent to 4,540.3 and the Sydney Ordinaries gained 0.24 percent to 4,547.2.

The Shanghai Composite was up 0.23 percent to 3,033.73, the Kospi added 1.13 percent to 1,653.4, the Taiex was 1.23 percent higher to 7,346.26 and the Sensex gained 1.48 percent to 16,454.45.

On the other hand, the Straits Timex Index fell 0.05 percent to 2,638.4 and the Hang Seng dropped 0.31 percent to 20,866.37.

Early afternoon in New York found Wall Street slightly higher as the Dow Jones Industrial Average had added 0.32 percent to 9,657.49 while the Nasdaq Composite was up 0.39 percent to 2,099.93 and the S&P 500 had gained 0.13 percent to 1,050.73.

Crude oil and metals prices were higher on the session, but grains prices were mixed in Chicago.

The pound and the Japanese yen were both weaker on the session, while the US dollar strengthened slightly on the new, more positive data and comments.

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