This Blog is also available as an
RSS Feed
News
- London Stock Exchange – Moving Ahead With Technology - Editor, 19 June 2008 - No Comments yet
- Uncertainty Reigns on Wall Street - Editor, 13 June 2008 - No Comments yet
- Traumatic Tuesday at the Shanghai Stock Market - Editor, 12 June 2008 - No Comments yet
- Rapid Turnaround from Bull to Bear - Editor, 10 June 2008 - No Comments yet
- Lives Depend on Such Stocks - Editor, 4 June 2008 - No Comments yet
- A Free Business Management Lesson from the Gentle King in Riyadh - Editor, 3 June 2008 - No Comments yet
- An Oasis of Dividends in Every Stock Market Safari - Editor, 30 may 2008 - No Comments yet
The London Stock Exchange (LSE), situated in Paternoster Square in the city of London, is not only the largest exchange in Europe in terms of listed companies by market value, but is also one of the largest stock exchanges in the world. Although the LSE is also one of the oldest stock exchanges in the world, having been established in 1801, it certainly moves with the times when it comes to the latest technology and unwavering dedication to the interests of its clients.
The market suffered yet another blow on Wednesday 11 June, when the Dow at the New York Stock Exchange fell by more than 200 points. Ongoing concerns over rising oil prices, along with fears regarding rising inflation and the possibility of interest rates being raised, as well as almost stagnant economic growth, are seen as the main contributing factors behind the market’s current volatility.
In an effort to reduce lending and thereby curb inflation, China has increased the amount of money to be kept in reserve by banks, which in turn results in less money being available for loans. It is generally agreed by analysts that these credit-tightening measures were the primary reason for China’s main stock index plummeting by 7.7% on Tuesday 10 June, going on record as the biggest decline in more than a year. This was the second straight day the Asian markets experienced a large decline, exacerbating concerns over rising inflation and slower economic growth.
The optimism on Wall Street on Thursday 5 June 2008, brought about mainly by some retailers turning in surprisingly good sales figures, as well as strong worker productivity in the first quarter, resulted in the Dow Index climbing 214 points. This bullish outlook was abruptly turned around to become bearish on Friday when the rate of unemployment surged, speculation ran rife with regard to the possibility of Israel attacking Iran, and the biggest one day oil price increase in history (more than $10 per barrel) sent the Dow plummeting by 400 points. This dramatic change serves to remind investors of the extreme volatility of the current market.
Does your portfolio have Biotechnology & Drugs Industry stocks? It seems to be a risky business for some. The industry stock price index is up just 1% for the 12 months ended mid-May 2008. This is against a 2.5% corresponding gain for the S&P500.
“Why should our browsers care?”
The editor was in a foul mood, inappropriate for the first signs of spring outside.
This is paean for Great Plains Energy Incorporated (NYSE: GXP). The market capitalization at the start of May 2008 has been a little over $2 billion. The stock price has been at $26.53 against a 52-week high of $33.04. It is apparent that the company is not immune from negative sentiment in and around the NYSE. What is so special about this corporation?
Recent Videos
- Video: Virgin Atlantic In Talks; Woolworths Still Open - Wednesday 20 August 2008, 6:08 am
- Video: BAE's Royal Ordnance Wins; U.K. Has Held Talks On Off-Loading - Wednesday 20 August 2008, 6:07 am
- Video: Lehman Brothers' Credit Crunch; Fannie Mae & Freddie Mac Shares Plunged To Lowest; Barclays Would Consider U.S. Wealth-Management Company - Wednesday 20 August 2008, 6:04 am
- Video: Afghan Militants Kill French Troops; NATO: It Sees Progress In Russia's Promised; Tropical Storm Fay; Whale Calf Wants Mother - Wednesday 20 August 2008, 5:54 am
- Video: S&P Revises 2008 Index Targets: China, Hong Kong Stocks - Wednesday 20 August 2008, 5:42 am
Recent Articles
- Branson Launches Campaign against Proposed BA/Iberia Merger - Editor, Monday 11 August 2008
- Nasdaq OMX Release Impressive Second Quarter Results - Editor, Thursday 7 August 2008
- Changing Trends and Threat to Market Share Prompts London Stock Exchange to Adjust Tariffs - Editor, Monday 4 August 2008
- SEC Extends Ban on Abusive Short Selling - Editor, Wednesday 30 July 2008
- Financial Sector Apprehensive as Embattled Americans Dip into Retirement Savings - Editor, Friday 25 July 2008
Recent Comments
- 29 April 2008, 03:23 am: By Dhan - Take This Financial Planning Gift Horse...
- 25 April 2008, 12:58 am: By asiaconsult - The ‘No Comment’ Clue to Mortgage...
- 24 April 2008, 02:21 am: By Investa - How Your Financial Planning Can Benefit...
- 23 April 2008, 04:56 am: By Mint - A Stock on Which You Can Bank










