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Monday, November 12, 2007

Decline Called For Singapore Stocks []

Decline Called For Singapore Stocks []
There weren't many stock markets that didn't plummet on Thursday, but Singapore was one of them - although that's largely because it was closed for the Deepavali holiday.

Hong Kong Share Market Gains On Property Stocks []
The Hong Kong share market opened slightly lower on Friday and soon found renewed buying interest pushing the stock indices in to positive territory. The real estate stock spurted on the news of a cut in interest rates.

RIM Shares, Resource Stocks Lead TSX To Lowest Levels In 2 Months Canadian Commentary []
Canadian stocks are taking a sever beating for a second day in a row on Monday, dropping the S&P/TSX Composite Index to a 2-month low. Shares of Research in Motion (RIM.TO) have continued a plunge from record highs, while resource stocks have plummeted on concern about global demand for Canadian materials.

Swiss Currency Rises Against Pound On Monday [GBP/CHF]
In trading against the British pound on Monday, the Swiss franc saw strength in action. The franc rose to a mark of 2.3287 as action progressed into the mid-morning. The Office of National Statistics in the U.K. announced that the output price index for home sales of manufactured products rose 3.8% in October from the prior year.

Loonie Hits Multi-week Low Versus Greenback [USD/CAD]
The Canadian dollar plunged to a 2 1/2 week low versus the greenback Monday in New York, extending its losses from late last week. The loonie fell to .9655 by noon ET, down from .9450 overnight and more than 6 cents from last Wednesday's modern-era record high of .9056.

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