Monday 10 December 2012

22:51    8 comments

        Positive week for global markets

 The week gone by was a positive one for the global markets. Gains were seen across markets, with 

 China's benchmark index leading the pack of gainers. Gains in the dragon nation were largely due to 

 the hopes of more government support towards growing the economy. As for the rest of the regions, 

 positive sentiments were spilled over from the stronger than expected nonfarm payroll report of the 

 US. As per reports, the data indicated that 146,000 jobs were added to the economy in November, a 

 figure much higher than what was expected by economists. The unemployment rate is believed to 

 have dropped to 7.7% as compared to the expectations of a status quo figure of 7.9%. The Indian stock 

 markets were amongst the lowest gainers this week, with the BSE-Sensex up by 0.4% for the week 

 ended December 07, 2012.





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8 comments:

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  6. Money CapitalHeight1 September 2014 at 04:23

    The equities market started the week positively on Monday with the industrial index moving up 2.43 points to close at 197.76 points.

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