By the end of the trading session, the MSCI Asia Pacific index grew by 1.47% to 756.82 points. Japan’s Nikkei 225 saw growth by 2.05% to 9301.32 points. China’s Shanghai Composite increased by 1.54%, while Taiwan’s Taiex went up by 0.78%. South Corea’s Kospi gained 0.70%. India’s Sensex grew by 1.86%.
The world’s largest mining company BHP Billiton has published data on double-plus growth of annual profit, which may contribute to the process of a hostile takeover of the Potash Corp. of Saskatchewan.
BP plc (NYSE: BP) shares continue to lose value against the background of mixed dynamics. BP shares are edging towards 38.15 points, losing -0.25 (-0.65%) in the second half of the trading session.
Wuhan General Group China Inc. (NASDAQ: WUHN) shares dropped to1.31 points, losing -0.08 (-5.75%). ArcelorMittal (NYSE: MT) shares rose
to 30.42 points, gaining +0.73%).
Rio Tinto plc (ADR) (NYSE: RTP) rose to 54.65 points in the U.S.. Rio Tinto plc gained +2.73 points, or 5.26%. Company’s shares are reduced during pre-market up to 54.57, losing -0.15% today. At the same time, FTSE 100 index was 5,380.87 points, losing -16.24 points (-0.30%) from the very beginning.
Aluminum prices began to rise. Brazil in May increased smelting aluminum by 1,4% compared to the same period in 2009, to 130,9 thousand tons. This was reported by the Brazilian Aluminum Association ABAL. However, the production of aluminum as a whole 5 months of this year decreased by 1.6% to 634.6 thousand tons.
Stock trades in Europe began with lowering the leading index by an average of 1,5%. The British FTSE 100 index fell by 79.74 points (-1.62%) – up to 4,837.13 points, the French CAC 40 – at 69.38 points (-2.02%) to 3373 , 51 points; German DAX – on 83,79 points (-1.4%) to 5,881.73 points, while the Swiss SMI dropped by 83.89 points (-1.37%) – up to 6044.1 points.
Dow Jones Industrial Average was 10,465.21 points. Dow Jones Industrial tried to grow from the very beginning of trading, but after an hour began to fall in the level of 10,415.11 points. S & P500 reached the upper limits of the first line of resistance. Yesterday the U.S. stock market, something happened that we predicted a week ago. Moving in the uplink, index of wide market S & P500 touched the upper boundary of the zone of resistance at 1,130 points.
Dow Jones Industrial Average is calling the world markets to take part in weekly rally. The Dow index climbed high at the beginning. Bears like it and try to strengern the trend. Alcoa helps Dow ti rise rapidly. The FTSE 100 advanced 0.7% today after China said it would soon allow more flexibility in the exchange rate of its national currency, which has been pegged to the US dollar for two years.
Dow Jones Industrial Average looks to the stock markets in Europe and began to grow steadily. The resistance to bear attacks on the Dow Jones took place in early trading today. At the time Dow index close to the level of 10,538.69 points +88.05. Today’s session at the leading European markets is strong growth in stock indices. Amid rising prices for metals are the best performing stocks of mining and metallurgical companies. Noticeably better than the market traded as securities automakers. FTSE 100 rose 1.05%, German DAX 30 – on 1,25%, French CAC 40 – at 1.52%.