HSBC Holdings plc (LON: HSBA) started the day with a rise of a confident. Bulls supported trading volumes and HSBC Holdings shares reached a mark of 680.00 points, gaining +34.00 (5.26%). HSBC Bank boosted profits by half in the I half.
Trading at the Asia stock exchanges will demonstrate the ambiguous motion quotes on a background in commodity prices, exchange rates, as well as doubts about the restoration of the U.S. economy. Hang Seng index in Hong Kong Stock Exchange rose 241.92 points or 1.22% to 20,084.12 points yesterday. The aggregate index of securities Teybeyskoy Stock Exchange rose by 108.52 points, reaching 7,548.48 points. Nikkei 225 completed trades in the green zone.
Dow Jones Industrial Average managed to correct the situation that prevailed in early trading and moved to the green zone. Growth Dow index continues. Dow Jones Industrial Average was 10,187.72 points, the index gained 43.91 points (0.43%) today. Trading session on Friday ended with falling of the European indices by 1%.
Bidding at the U.S. stock market on Tuesday, June 15, held in a positive manner. The optimism of investors supported by published data on the growth of industrial activity in the U.S. in June this year. The index of business activity was slightly less than economists had expected, but its growth has continued up to the eleventh month in a row, that can not but rejoice.
Dow Jones Industrial Average is close to a mark of 10.350. At the moment Dow Jones is at the level of 10,349.15 points. The total gain for the Dow Jones is +158.26 (1.55%) today. On the situation in the U.S. stock market may affect the negative statistics from Europe: Indicator of economic sentiment in the euro area based on German research institute ZEW in June fell to 18.8 points (expected to increase to 39.0 points) with 37.6 points in May.
The level of support for the Dow will be in the medium range. According to analysts, the threat of default in Japan will not lead to the collapse of the leading indexes the U.S. stock market today. Negative investors will move to the beginning of next week. Yesterday’s steady growth of Dow Jones Industrial Average could escalate into a violent crash on the background of unexpected bad news from Japan. Tokyo claims the new threat of default in the country and the repetition of the Greek script.
Dow Jones Industrial Average started trading with the next attempt to restore the position. Bulls increase the volume of trading on the U.S. stock market from the first minutes. Bears are sitting in anticipation of the new statistics. Meanwhile, Bank of Canada raised the base interest rate yesterday to 0.25 points to 0,5% per annum, considering the pace of economic growth and inflation in the country, the relevant expectations. ” Canadian regulator was the first of the Group of Seven central banks of countries have taken steps in this direction, which prompted a new wave of fear in financial markets.
The problems of the world economy touched Dow Jones Industrial. Most of the news that came today from all over the world have been very negative. Dow Jones Industrial Average starts to decline from the first minutes of trading on the background of the overall negative trend. As usual, the main negative factor for Dow Jones became news from China. The first day of June brought new concern and anxiety for investors. As often happens in such cases, the negative news did not come alone.
Since yesterday, the majority of the stock indicators around the world re-painted in red. The pretext for another bout of panic sales served as a message from Spain, where on Saturday the Central Bank took control of a small Commercial Bank Cajasur, saving him from bankruptcy. Before there were rumors that the bank provided 550 million euros is not enough to stabilize its financial situation. Is not excluded that the figure may be increased to 2 billion euro, which is very impressive for a small amount of the bank.
Dow Jones Industrial Average was weaker than many expected. American index has shown the world that the strong may not withstand a recession, which again took control over markets. Dow Jones Industrial Average lost 1 percent, the rest can lose much more. Bidding on most stock exchanges in Asia on Wednesday, May 19, will be demonstrating against falling of quotations on the outcome of trading in the U.S., prices for raw materials, as well as the situation in the euro area.