The market review for December, 1st

Stock trades in the U.S. ended on 30 November 2009. increase in the leading index, as concerns about the negative impact of credit problems in Dubai on the world economy began to weaken. Statement by the UAE Government’s intention to support its banks contributed to the growth of quotations of the financial sector companies. Restraining influence on the market has had a record of the National Federation of the U.S. retailers, according to which, sales of retail chains over the past holiday weekend proved to be less than last year’s figures for the same period.

Against this background, on the basis of trades declined quotations retail sector companies, including shares of the world’s largest retailer Wal-Mart Stores Inc. (-0.2%) And securities of a smaller rival Target Corp (-2,4%).

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The market review for November, 30st

Stock trades in the U.S. on November 27 closed reduction of the leading indexes. Negative news from Dubai (UAE) frightened investors and led to the fall of quotations of a number of major American companies – one of the largest investment companies in the UAE – Dubai World – has asked creditors to delay debt repayment, estimated to be worth $ 60 billion Dubai World (owned by the Government of Dubai ), on account of which a number of successful projects on construction of facilities in the desert, asked for a stay of six months.

News from Dubai provoked a significant fall in quotations on global stock markets, and the American market was no exception.

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Dubai Debt May Be Higher Than $80 Billion, UBS Analysts Say

Nov. 27 (Bloomberg) — Dubai, the Persian Gulf emirate whose state-run companies are seeking to defer debt payments, may owe more than the $80 billion to $90 billion in liabilities assumed by investors, UBS AG analysts said in a note.

“Perhaps Dubai’s debt includes sizeable off-balance sheet liabilities that imply a total debt burden well above the $80 billion to $90 billion markets have estimated so far,” real estate analyst Saud Masud wrote in a note yesterday. “This could imply that the debt issued by Dubai in recent weeks is insufficient to meet upcoming redemptions.”

Dubai, which has said it will raise as much as $20 billion selling bonds to repay borrowings, said on Nov. 25 that state- run Dubai World, with $59 billion of liabilities, would ask creditors for a “standstill” agreement as it negotiates to extend debt maturities.
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The market review for November, 25st

Trading in stocks in the U.S. on November 24 2009. major indices closed lower against the background of macroeconomic news. Not met the expectations of analysts revised data on the dynamics of U.S. GDP in III quarter of 2009. According to a report before the U.S. Department of Commerce (United States Department of Commerce), compared to last quarter grew by 2.8%, up 0.7 percentage points lower than the preliminary GDP data published by 29 October 2009. Analysts expect U.S. gross domestic product in July – September 2009. grow by 2,9%.

More positive was the report of the research organization Conference Board’s index of consumer confidence in the U.S.. According to the report, this index increased in November at 0.8 points – to 49.5 points. It was expected that the index would be 47.7 points.

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The market review for November, 24st

Stock trades in the U.S. on November 23 leading indexes closed higher on the background of macroeconomic statistics. With optimism investors viewed the data of the National Association of realtors on the number of sales of houses in the secondary market in the U.S. in October 2009. That exceeded expectations. Annual volume (for the last 12 months) sales of houses on the secondary housing market in the United States in October 2009. annualized seasonally adjusted grew by 10,1% and amounted to 6.1 million units. Analysts expect that figure for the past month was 5.7 million units. In addition, the market rumors that the Federal Reserve System (FRS), the U.S. intends in the near term to keep the discount rate at a record low level, which contributes to the positive sentiment among investors.

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The market review for November, 23st

Stock trades in the United States were closed on November 20 leading indexes lower. Market participants without enthusiastic at the financial reports of a number of American companies. In addition, amid falling prices for gold and oil companies’ shares have fallen in price of energy and mining sectors.

In particular, shares of one of the world’s largest manufacturers of personal computers – the company Dell Inc. fallen in price on the basis of trades by 10% against the background of the publication of the report for the III quarter 2009-2010 financial year. According to published indicators, net income Dell Inc. in III quarter 2009-2010 financial year amounted to 337 million dollars, while revenues in the reporting period reached 12.9 billion U.S. market participants are not optimistic about the company’s financial performance, not justified forecasts of analysts. At 15,4% in trading securities have fallen in price in the largest U.S. builder – the company DRHorton Inc., Also published the financial figures, not justified forecasts of analysts.
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The market review for November, 17st

Stock trades in the U.S. on November 16 2009. culminated in the growth of leading indexes. Investors are pleased as news of macroeconomics, and statement by the head of the Federal Reserve System (FRS) the USA Ben Bernanke that in the near future have the opportunity to hold the refinancing rate at its current level. According to him, in the foreseeable future, inflation is not expected, while next year the U.S. economy will grow, despite several negative factors.

According to the U.S. Department of Commerce (US Department of Commerce), the volume of retail sales in the country was above forecasts of experts, and in October 2009. compared with the previous month increased by 1,4% – to 347.48 billion dollars, while analysts expect its growth to 0,9%. According to the Ministry of Trade, published after the commencement of the trading session, stocks of manufactured goods, components and semi-finished products to U.S. stores in September 2009. decreased by 0,4% compared with August 2009., while analysts predicted decline of this indicator on 0,8% in monthly terms. read more

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The market review for November, 13st

Stock trades in the United States ended Nov. 12 with the leading indexes declining annual maximums. In early trading indices alternately dropped, then rose, but then went into the red zone. Quotes of the company was headed by reducing the energy sector. , Caused data U.S. Department of Energy (US Department of Energy) on oil, trade stocks for a week from 31 October to 6 November 2009. increased more significantly than expected – by 1.8 million barrels. and amounted to 337.7 million barrels. Against this background, at 1.4% down share prices in the world’s largest oil company, ExxonMobil, as well as its smaller rival Chevron, while the paper ConocoPhilips fell 1.8%. read more

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The market review for November, 11st

Stock trades in the United States were closed on November 10 countervailing change leading indexes. The main factor that influenced the outcome of the meeting, was the publication of financial statements of a number of American companies. In the banking sector is worth noting improvement quotes Bank of America Corp. (1.65%) appeared on the background of news British bank HSBC to reduce the level of arrears on consumer credit in the United States.

In the Green Zone ended in bidding for the world’s largest insurance company American International Group Inc. (3.90%) amid reports from the agency Moody’s Investors Service. According to analysts Moody’s, AIG in the near future be able to pay received from the Federal Reserve System (FRS), the U.S. loan and pay off most of the debt owed to the Ministry of Finance (Unites States Department of the Treasury) to exit from a crisis situation. read more

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The market review for November, 10st

Stock trades in the United States ended on November 9 the leading index increased on average by 2%. Investors with optimism have reacted to the outcome of the meeting of finance ministers “big Twenties” (G20), which was decided on further measures to stimulate the economy. This gave impetus to financial sector companies, led by banks, Citigroup Inc. (+3,2%), Which the Government supported the $ 45 billion, and Bank of America Corp. (+4.8%), The largest U.S. bank by total assets. Among the companies in the mining sector growth were the leaders of the largest U.S. gold producer Barrick Gold Corp., Whose shares went up by 3,3%, and one of the world’s largest mededobyvayuschih company Freeport-McMoRan Copper & Gold Inc., Quotes which increased by 4, 6%. The reason for the growth of quotations was the increase in metals prices. read more

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