Swiss stocks dropped for a fourth day as European Union leaders prepared for this week’s summit in Brussels amid Germany’s continuing opposition to joint euro-area debt sales.
ABB Ltd. (ABBN), the world’s largest power-grid maker, fell 2.3 percent after JPMorgan Chase & Co. cut its recommendation on the shares. UBS (UBSN) AG led banks lower.
The Swiss Market Index (SMI) declined 0.9 percent to 5,934.05 at 12:16 p.m. in Zurich, erasing its advance for this year. The benchmark measure has still gained 3.8 percent since its 2012 low on June 4 as Greece formed a government after its second election in six weeks. The broader Swiss Performance Index fell 0.9 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.