Canada's main stock index
slumped on Friday, led by energy and financial issues, after a
slew of weak data - including reports showing lackluster U.S.
jobs growth and Canadian economic expansion - compounded fears
of slowing global growth.
After one of the worst Mays in recent years for equity
markets, June began with a whimper, amid a backdrop of euro zone
debt worries, a tentative recovery in the United States and a
more moderate pace of growth in China.
Markets extended losses after U.S. job growth in May was the
weakest in a year, suggesting a faltering U.S. economic
recovery.
The market declines spurred speculation the European Central
Bank and U.S. Federal Reserve may be forced to implement
additional stimulus measures to calm investors on both sides of
the Atlantic.
Services and Insurance Sectors Push DFM Index Higher
The DFM General Index inched up to reach at 2,323.34 points on Wednesday 22nd May 2013.The index spending most of the session in the green zone added 3.99 points or 0.17 percent.
Market Cap
Key Sectors Turn QE Index Green
The QE Index continued pacing its way higher throughout the day to close its trading in the green territory at 9,085.9 on Wednesday 22nd May 2013, achieving 0.54 percent or 48.95 points for the sessi
ADX Index Dips but Volume Improves
The ADX General Index spending most of the session below the break – even line closed in the red at 3,503.38 points on Wednesday 22nd May 2013. The index trimmed 6.26 points or 0.18 percent for the e
Bonds seen consolidating after recent rally; lack of OMO hurts
Government bonds fell for a second consecutive session on Wednesday, continuing to retreat from a recent rally as the Reserve Bank of India has yet to announce bond purchases that had been widely exp