The Indian telecommunications company, GTL Infrastructure has declared that is open to new acquisitions, because competition in the telecommunications market in India is pushing the company to consolidate.
Dow Jones Industrial Average demonstrated its superiority on the U.S. stock market. Trading in the United States on Wednesday 2 June ended growth stock indexes. Investors are actively buying shares of oil companies, which have fallen in price in recent days because of the situation surrounding the oil spill in the Gulf of Mexico. As a result of trade index of “blue chips” Dow Jones Industrial Average rose 225.52 point, or on 2,25% to 10,250 items. The index of wide market S & P 500 closed higher by 27.67 points or 2.58%, at around 1098 points. “High-tech” Nasdaq Composite closed at 58.74 the growth points or 2.64%, at around 2281 points.
Monday, May 31, the main German stock market indices have shown positive dynamics. Lowering agency Fitch Ratings credit rating of Spain at the same level with the AAA to AA + negative impact on investor sentiment in early trading session. Nevertheless, rumors that central banks in connection with the debt crisis in Europe may postpone raising key interest rates at a later time period helped the indices to move in the green zone.
Gold prices may reach 1250 dollars by the end of the week. Oil prices are dropping every day. Quotes of the oil market on Friday, May 21 closed with a decrease in price amid fears about oversupply of oil in the U.S. and the possibility of slower economic growth in Europe. On the New York Stock Exchange New York Mercantile Exchange price of July futures for petroleum of mark Light Sweet fell by 0.76, or 1.1%, and its price was 70.04 dollars per barrel.