The following companies had unusual price changes in Sao Paulo trading. Stock symbols are in parentheses and prices are as of the close of trading. Preferred shares are usually the most-traded class of stock.
The Bovespa (IBOV) index lost 0.6 percent to 64,510.97.
Oi SA (BRTO4) (BRTO4 BS) fell 3.4 percent to 9.77 reais. The company formerly known as Brasil Telecom SA (BRTO4) reported an 80 percent drop in fourth-quarter profit as expenses increased due to a restructuring.
Rossi Residencial SA (RSID3) (RSID3 BS) declined 3.3 percent to 9.86 reais. The homebuilder was downgraded to the equivalent of hold by analysts at Banco BTG Pactual SA including Marcello Milman, who cited lower expectations for earnings.
Gold price is still not stabilized in India like everywhere else. After going down, the g
Gold price opens lower in Hong Kong
The gold price in Hong Kong went down 180 HK dollars to open at 12,720 HK dollars per tael on Thursday, according to the Chinese Gold and Silver Exchange Society.
The price is equivalent
Market Cap Indices Turn Red at Qatar Exchange
The QE index spending almost the entire session below the break even line witnessed a bearish trend on Thursday 23rd May 2013. The index dropping 37.28 points or 0.41 percent reached at 9,048.62 leve
Small Cap and Large Cap Push ADX Index Lower
The ADX General Index sustained its downward march and finished the session with a decline of 1.23 percent on Thursday 23rd May 2013 . The index dropped 43.02 points, closing at 3,460.36.
M
WEF to focus on challenges
Leaders from the Middle East and North Africa in business, economics and politics will focus on the aftermath of the Arab Spring as they gather for the World Economic Forum in Jordan this weekend.