06:26  GMT (-3:00)
Founded in 1876 Saturday, October 06, 2007 Edition Nº 1778
User:
Passw:
 ARGENTINA
  Nation at a Glance
  Political Beat
  Argentina NEWS
  Your View (Letters)
  Faces & Places
  Argentina in Brief
  Argentina info
  Argentina guides
 THE WORLD
  World in Brief
  Latin America
  Commentary
  World News
  Features
 BUSINESS
  Markets
  Business in Brief
  Aviation
  Motoring
  Central Bank Info
  Market Report
  Business News
  Company News
  Mining Monthly
  Farming
 SHIPPING
  Ships
  Port Movement
  Port Directory
  Shipping
 SPORTS
  Sports News
  Sports in Brief
  On TV
 ENTERTAINMENT
  Entertainment News
  Culture & Ents
 HEALTH
  Health news
  Science
 AMUSEMENTS
  Television
  Day By Day
  Theatre
  Cinema
  Community Life
  Crossword
  Bridge
 ON SUNDAY
  Latin America
  Art and Books
  US and UK News
  Feature and Review
  Edit. RoundUp
  Focus
 CLASSIFIEDS
  Categories
  Classifieds Info
 SUPPLEMENTS
   Get Out
   Education
   Leisure & Travel
   World Trade
   Write on!
 EDITORIAL
  Editorial English
  Editorial Spanish
 COLUMNIST
  Columnist News
 PHOTO ALBUM
 ARCHIVE
 
Home   >  Business   >  Market Report

Market Report

Market Report



BUENOS AIRES
Argentine stocks closed unchanged yesterday as investors held out for the results of an upcoming US employment report. The benchmark MerVal index closed steady at 2,254.32 points, without a percentage change.

SAO PAULO
Brazil's stock market and the national currency gained yesterday as investors went bargain-hunting after the previous session's biggest one-day decline in local assets in three weeks. The Bovespa index of the Sao Paulo Stock Exchange closed 0.51 percent higher at 60,406.72 points led higher by oil driller Petrobras, while further declines in miner CVRD weighed on the index.

SANTIAGO
Chilean stocks gave up nearly all of their early gains yesterday as investors evaluated interest rate prospects and a weaker dollar, which helped push the peso to a new seven-year high. The all-market IGPA index edged 0.05 percent higher to 14,811 points, while the trade-weighted blue-chip IPSA index gained 0.03 percent to 3,294.55 points.

MEXICO CITY
Mexican stocks closed lower yesterday as investors dumped home builder shares after the second sector heavyweight in a week slashed its forecast for revenue growth. Shares of Mexican home builder Ara plunged more than 16 percent after the company slashed its forecast for 2007 revenue growth. Its share price fell 2.44 pesos to 12.46 pesos. The benchmark IPC stock index dropped 0.32 percent to 31,078.33 points, also hurt by losses in Soriana

 NEW YORK
US stocks barely budged yesterday as investors shied away from making big bets before today’s jobs data that could shed light on the economy and the outlook for interest rates. Though caution prevailed, shares of pharmaceutical companies such as Merck & Co and those of utilities rose, countering profit-taking among recently strong oil and technology shares.The Dow Jones industrial average was up 6.26 points, or 0.04 percent, to end at 13,974.31.

LONDON
 Britain’s top share index rose after major central banks in Europe kept interest rates on hold, while Northern Rock led gains after sources said Citigroup had offered funding to potential buyers. The FTSE 100 closed at 6,547.9 points, up 12.7 or 0.19 percent.

    Markets
   Markets Oct 04, 2007
  Market Report
   Market Report
  Business News
   INDEC switching to US-inspired model
   Inflation as forecast
   Brazilian land harder to buy
   Euro markets still awaiting all-clear
   Microsoft offers health records online
   Nigeria predicts rise in oil output
  Business in Brief
   Business in Brief




Letters to the editor

Newsletter

Argentina Info

Classifieds

Allytech



 
 

The Post and Courier

Home |  Argentina |  The World |  Business |  Shipping |  Sports |  Entertainment |  Write On |  Health |  Amusements |  On Sunday |  Classifieds |  Supplements Editorial Columnist Photo Album Archive

Subscribe |  Advertising |  About us |  Contact us

© Copyright 2000 - 2007 © S.A. The Buenos Aires Herald Ltd. All rights reserved   Política de Privacidad