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Sunday, November 11, 2007

New Zealand Market Closed In Red, Succumbing To Selling Pressure []

New Zealand Market Closed In Red, Succumbing To Selling Pressure []
The New Zealand share market slumped on selling pressure, dragging the benchmark NZSX-50 index down 50.65 points, or 1.2%, at 4134.77 at the close on Friday.

Nasdaq Falls Sharply On Tech's Weakness - U.S. Commentary []
Wall Street is seeing weakness for a second consecutive session on Thursday, largely on weakness within tech after Cisco (CSCO) released a disappointing sales forecast for the second quarter.

Technology Expected To Drive Markets On Tuesday - U.S. Commentary []
Wall Street is headed for a higher opening on Tuesday, as financials take a backseat to strength in the technology and material sectors.

Markets Likely To Open Higher On Positive Cues From Wall Street - European Commentary []
The major European index futures are pointing towards a higher opening for the markets on Thursday. Global cues are also strong, with the U.S. stocks rallying overnight after the Federal Reserve cut interest rates and the major markets across the Asia-Pacific region trading higher on Thursday.

Asian Browses Open Weak Tracing Wall Street Slum- Asian Commentary []


European Markets Fall On Credit Worries - European Commentary []
The European markets fell for the third day on Monday, as banking stocks slipped after a warning of more write-downs from Citigroup stirred concerns about widespread credit problems.

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.

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