Philip Chua Business Blog

Posts Tagged ‘average’

The Dow Jones industrial average jumped back above 10,000 on hope that the European Union will help Greece manage its growing debt burden.







European Union – Government – Multilateral – Business – Greece

STOCKS barely changed last week, with our portfolios edging up 0.4 per cent on average. The median gain was 0.2 per cent.

The lowest forward PE portfolio is the biggest gainer, advancing by 1.7 per cent. Two stocks contributed the bulk of the gain: China Fishery and Hong Leong Asia. The former popped 19.2 per cent while, the latter added 12.2 per cent.

Hong Leong Asia also helped lift the valu… more

Retreating from ‘channel’ and Fibonacci retracement resistance, as expected, as consensus opinion sees the yen weakening to 99.00 in twelve months’ time. The weekly close below the 9-week moving average has turned momentum bearish and many other yen crosses are doing something similar. All other elements of the ‘cloud’ chart…

The Dow Jones industrial average had its first triple-digit drop of 2010 as mounting losses from loans at JPMorgan Chase & Co. sent investors rushing from stocks.







Business – Industrial production – Economy – Government – Investing

Stocks ended marginally higher Wednesday as rising commodity prices offset losses that followed a disappointing report on housing.







Business – Investing – Dow Jones Industrial Average – Stocks and Bonds – Stock market

The number of U.S. workers filing new applications for jobless insurance was unchanged last week, but the four-week moving average of claims dropped to its lowest in almost a year.







Insurance – United States – Jobless claims – Business – Financial Services

A 70-POINT rise in the December futures contract on the Dow Jones Industrial Average, a 1.7 per cent rise in Hong Kong’s Hang Seng index and a firm opening Europe-wide yesterday led traders here to bet heavily on Wall Street opening the week with a bang. The subsequent buying targeted mainly banks and propelled the Straits Times Index up 56.62 points to 2,783.85 in moderate volume of 1.85 billion … more

CONSUMER confidence has rallied here, as key Asian markets continue leading the world out of recession.
A new survey found confidence rose nine points from April to November, matching the global average, as better job prospects and healthier savings gave people heart. However, Singapore consumers, like those across the world, are still nervous about economic prospects, the Nielsen Global Consumer … more

Encouraging earnings news from major retailers and The Walt Disney Co. drew investors back into the stock market to cap a second big week of gains. The Dow average gained 73.

AP – The Dow Jones industrial average is back above 10,000 for the first time in a year.