German stocks slid for a third day before a meeting of European Union leaders this week, as billionaire investor George Soros warned that a failure to produce drastic measures could spell the demise of the euro.
ThyssenKrupp AG (TKA) fell 3.9 percent as JPMorgan Chase & Co. reduced its share-price estimate for Germany’s largest steelmaker. Deutsche Bank AG (DBK), the country’s biggest bank, lost 3 percent after RBC Capital Markets downgraded the stock. Metro AG (MEO), Germany’s largest retailer, dropped 2.1 percent.
The DAX Index slid 1.7 percent to 6,159.91 at 12:25 p.m. in Frankfurt. The benchmark gauge has fallen 14 percent from its 2012 high on March 16 amid concern that the euro-region debt crisis is harming the economy, trimming the advance in the first six months of the year to 4.5 percent. The broader HDAX Index retreated 1.4 percent today.
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.