ADR Market Review articles from April 2005

ADR Market Review archives from April 2005

By the numbers: week ended 1 April.(Brief Article)(Illustration)
April 4, 2005... By the numbers: week ended 1 April S&P ADR Index 1268.1 -1 -1.00% DJ Industrials 10404.3 -38.57 -3.51% S&P 500 1172.92 1.5 -3.22% NASDAQ Comp. ...

Last week's top stories.
April 4, 2005... Monday Asian stocks were mixed, due to a lack of cues from the U.S and European markets, which were recently closed for holidays. Japan's market firmed, as gains in the U.S. dollar raised expectations for stronger earnings among exporters....

Indian shares could lift emerging Asia.(Market Talk)
April 4, 2005... Indian equities look set to help encourage a potential turnaround in underperforming Asian emerging market stocks. India is both one of the countries where higher state spending on infrastructure projects are driving predictions for good...

This week at a glance: week of 4 April-8 April.
April 4, 2005... Monday * Eurozone: February Producer Price Index Tuesday * Japan: February Household Spending * Eurozone: February Retail Sales Wednesday * Germany: February Industrial Orders Thursday * U.K.: February...

Investors turn defensive.(Notes & Quotes)(Brief Article)
April 4, 2005... The global markets have come under selling pressure in recent weeks, as the two-year global rally has begun to falter. With short-term rates on the rise, oil prices continuing to trade at high levels, and investors remaining somewhat...

Emerging market pain continues.(Notes & Quotes)(Brief Article)
April 4, 2005... Investors continue to flee the emerging-markets, as concerns about higher oil prices and rising global interest rates are prompting investors to seek-out less risky assets. Recent data from fund tracker Emerging Portfolio Fund Research...

By the numbers: week ended 8 April.(Brief Article)
April 11, 2005... By the numbers: week ended 8 April S&P ADR Index 1279.4 11.3 -0.12% DJ Industrials 10461.34 57.04 -2.98% S&P 500 1181.20 8.28 -2.53% NASDAQ Comp. ...

Last week's top stories.
April 11, 2005... Monday Asian receipts were mixed to lower, as oil prices topped US$58 a barrel earlier in the session. Taiwan ADRs tumbled, following a series of bombings over the weekend. Tuesday European bourses firmed, rebounding from weakness...

Political worries surface in Mexico.(Market Talk)
April 11, 2005... The Latin American markets have been under heavy pressure in recent weeks, as many investors have pulled out of emerging markets amid fears about higher interest rates in the U.S. and inflationary pressures at home. Profit-taking in resource...

This week at a glance: week of 11 April-15 April.
April 11, 2005... Monday * France: February Industrial Production * U.K.: March Producer Price Index Tuesday * No major economic indicators scheduled for release. Wednesday * Italy: February Industrial Production Thursday *...

European Commission more bearish.(Notes & Quotes)(for economic aspects)(Brief Article)
April 11, 2005... The European Commission slashed its growth forecast for the euro zone to 1.6% in 2005, following its prior expectation for a 2.0% growth rate. Germany took a major hit, with the commission seeing a mere 0.8% uptick, compared to its prior...

India also less optimistic.(Notes & Quotes)(about economic growth)(Brief Article)
April 11, 2005... Downward revisions for growth targets were not limited to the euro zone. Indian Prime Minister Manmohan Singh now projects that average growth in the 2002 to 2007 period will not exceed 7.0%. That figure is substantially below the government's...

By the numbers: week ended 15 April.(Brief Article)(Illustration)
April 18, 2005... By the numbers: week ended 15 April S&P ADR Index 1239.8 -39.6 -3.21% DJ Industrials 10087.51 -373.83 -6.45% S&P 500 1142.62 -38.58 -5.72% NASDAQ Comp. ...

Last week's top stories.
April 18, 2005... Monday Asian receipts fell, amid anti-Japanese protests in China over the weekend. Traders sold-off technology issues following disappointing results and/or forecasts from select tech firms. Also, a weaker greenback hurt export-dependent...

Asian prospects mixed.(Market Talk)
April 18, 2005... The International Monetary Fund recently reassessed its expectations for global economic growth, predicting strong results in the U.S. and China, but a more sluggish performance in Europe and Japan. Solid growth in China and India, coupled with...

This week at a glance: week of 18 April-22 April.
April 18, 2005... Monday * No major economic indicators scheduled for release. Tuesday * Japan: February Leading Index * U.K.: March Consumer Price Index * Eurozone: February Industrial Production * Germany: April ZEW Index ...

Resources the new black?(Notes & Quotes)(Brief Article)
April 18, 2005... The incredible ascent of the basic resource sector and accompanying investor enthusiasm is reminiscent of the glory technology boom from the turn of the century. But how long will the sector stay in fashion? European resource issues have...

French say non?(Notes & Quotes)(Brief Article)
April 18, 2005... France is set to vote on a referendum on the European Union constitution on May 29, and so far French opinion polls show a "non" vote is most likely. Whereas a rejection would weigh on the euro, and the broader market, some traders do not...

By the numbers: week ended 22 April.(Stock price indexes)(Brief Article)(Illustration)
April 25, 2005... By the numbers: week ended 22 April S&P ADR Index 1250.6 10.8 -2.37% DJ Industrials 10157.71 70.20 -5.80% S&P 500 1152.12 9.50 -4.93% NASDAQ Comp. ...

Last week's top stories.(Financial markets)(Brief Article)
April 25, 2005... Monday European receipts ended mostly lower amid lackluster financial reports. A major consumer electronics firm missed expectations for its quarterly release. Tuesday Latin American shares surged on the session, bolstered by...

Outlook for European equities mixed.(Market Talk)
April 25, 2005... Growing concerns about higher U.S. inflation and interest rates have put pressure on the global markets in recent sessions, but many fund managers remain rather optimistic about the prospects for European stocks relative to other regions. These...

This week at a glance: week of 25 April-29 April.
April 25, 2005... Monday * No major economic indicators scheduled for release. Tuesday * Japan: April Consumer Price Index * Japan: March Unemployment Wednesday * No major economic indicators scheduled for release Thursday *...

CalPERS adds to Asian emerging markets.(Notes & Quotes)(California Public Employees' Retirement System)(Brief Article)
April 25, 2005... The California Public Employees' Retirement System, the largest U.S. pension fund, added Thailand and Sri Lanka to its group of Asian emerging markets that are eligible for investment. Sri Lanka witnessed a sizable boost to its benchmark All...

Japan, China try to make amends.(Notes & Quotes)(Brief Article)
April 25, 2005... Weeks of anti-Japanese protests across China has hurt both trading partners' shares, particularly Japan's. At the center of the political tension is China's belief that a textbook approved by Japan glosses over war atrocities committed by...