Bulk of emerging nations struggle through 2011
January 2, 2011-It has been a torrid year for emerging markets and there have been few success stories. Amid fears of a global recession and huge volatility across markets, investors have fled many risky assets, including EM.
The MSCI Emerging Market index has fallen 21.5 per cent since January and there have been very few economies which have escaped that trend.
Source: FT.com
Financials hold key to Wall Street revival
January 2, 2011--Eurozone bank contagion fears, tougher capital rules and looming restrictions on trading and derivatives continue to cloud the outlook for US financials.
With healthy banks widely seen as essential to economic recovery, there is concern that US equities will struggle in 2012 unless financials break out of their deep slump.
Source: FT.com
Sovereign debt turmoil hits currencies
December 30, 2011--Currency markets endured a couple of blips as the illiquid trading conditions of Christmas week exaggerated the impact of larger trades on foreign exchanges.
Many investors had closed their books on a volatile year last week, choosing to put 2011 behind them and hope 2012 would bring more stability to global markets.
Source: Ft.com
Treasuries lead gains in 2011, stocks suffer
Treasuries have best annual performance since 2008
World stocks fall 9 pct in 2011, S&P 500 ends flat
Euro falls 3 pct against dollar in 2011
December 30, 2011--Better than oil, gold, or stocks, the best place for investors in 2011 was U.S. government debt. Not even a downgrade of the United States' AAA rating and
spiraling public deficits stopped a rally in Treasuries, which
were the best-performing major asset class of the year.
Benchmark 10-year Treasuries returned nearly 17 percent in 2011, their largest gain since 2008. Other top performers such as gold and oil finished the year with gains of about 10 percent and 8 percent, respectively.
Source: Reuters
FEAS Monthly Report December 2011
December 29, 2011--Highlights
FEAS: Dow Jones Indexes, a leading global index provider, and the Federation of Euro-Asian Stock Exchanges (FEAS) announced the launch of the first blue-chip index derived from Euro-Asian stock exchanges, the Dow Jones FEAS Titans 50 Equal Weighted Index.
BULGARIA SE: On 28th November the Bulgarian company Sopharma will debut on the Warsaw Stock Exchange. It is the second issuer form Bulgaria – after Intercapital Property Development (NewConnect) - dual-listed in Warsaw.
ISTANBUL SE: Deutsche Börse and Istanbul Stock Exchange (ISE) are working together to cooperate in several business areas. Both exchanges support the mutual understanding of developments in each other’s securities markets, carry out joint research projects or seminars on topics of mutual interest and assist each other in marketing activities in Germany and Turkey.
NASDAQ OMX ARMENIA: -Starting from October 18, 2011 Mr. Konstantin Saroyan was appointed CEO of NASDAQ OMX Armenia.
Source: FEAS
The Dow’s Expansion To Europe, Asia And Milestone Anniversary Cap Extraordinary 2011 For Dow Jones Indexes
40% Jump in Indexes Licensed, Burst of Dividend Index Launches
Also Contribute to Impressive Year
Innovative Additions to DJ-UBS Commodity Indexes Family,
Growth in Europe, More Awards for Islamic Market Indexes Series
December 29, 2011--In an extraordinary year marked by innovation and growth, leave it to the venerable Dow Jones Industrial Average to provide the signature moments for Dow Jones Indexes in 2011.
On May 26, 2011, the iconic index celebrated its 115th anniversary, an “historic milestone” according to Mayor Michael Bloomberg, who officially proclaimed the date as “Dow Jones Industrial Average Day” in New York City. Nearly five months later, on October 18, two regional versions of The Dow were launched — The Asia Dow and The Europe Dow, both of which operate according to the same guiding principles as the DJIA.
Source: Dow Jones Indexes
Flash crash threatens to return with a vengeance
December 29, 2011--What should investors watch in 2012? As the new year dawns, there are plenty of short-term issues on the horizon, ranging from the eurozone to fiscal gridlock in the US to upheavals in the Middle East.
But amid that list there is also another, often ignored, question to ponder: could 2012 produce a repeat of the “flash crash”, the bizarre episode that hit the US equity markets back on May 6 2010?
Source: FT.com
Oil plunges on strong dollar, profit taking
December 28, 2011--World oil prices sank in volatile year-end deals on Wednesday, as traders took profits and eyed the strong dollar, new concerns over the eurozone debt crisis and fresh equity falls on Wall Street.
New York's main contract, light sweet crude for February delivery, known as West Texas Intermediate (WTI), sank $1.98 to $99.36 a barrel.
Brent North Sea crude for February dived $1.71 to $107.56 in volatile late afternoon London trade, ahead of the New Year holiday break.
Source: EUBusiness
With The Year’s Trading Nearly Complete, McDonald’s Tops All Dow Jones Industrial Average Component Stocks With 2011 Gain Of 33.65%
Pfizer Edges Past IBM To Capture Second Place With Two Trading Sessions Left In The Year - Home Depot, Kraft Foods Round Out Top 5 Through Close Of Trading On December 28 - Dow Jones Industrial Average Up 4.96% From Its 2010 Close
December 28, 2011--With two days of trading left this year, McDonald’s Corp. is on track to lead all 30 components of the Dow Jones Industrial
Average in stock performance for 2011, according to data compiled by Dow Jones Indexes.
Through December 28, shares of the world’s largest fast-food chain are up 33.65%. In a sudden shift Pfizer Inc. following Wednesday’s close of trading has leapfrogged over IBM Corp. for second place on The Dow’s leader-board with a 2011 gain of 28.13% versus 27.49%, respectively. Rounding out The Dow’s top five are Home Depot Inc. (a gain of 22.00%) and Kraft Foods Inc. (class A shares, up 21.37%). McDonald’s, Pfizer, IBM, Home Depot and Kraft Foods are the only stocks that have gained more than 20% to this point in 2011.
The Dow’s worst performer so far in 2011 is Bank of America Corp., whose shares have fallen 60.16% through December 28, 16 percentage points worse than Alcoa Inc. (down 44.17%).
Source: Dow Jones Indexes
China eclipses U.S. as top IPO venue
December 28, 2011--China has again outshone the United States as the top venue for initial public offerings despite steep share price falls on the mainland and Hong Kong stock markets, highlighting the shift in global financial activity from west to east.
Companies raised $73-billion (U.S.) from IPOs in Shanghai, Shenzhen and Hong Kong this year, according to Dealogic – almost double the amount of money raised on the New York Stock Exchange (NYA-I8,338.76----%) and Nasdaq (COMP-I2,589.98-35.22-1.34%) combined.
Source: Globe and Mail