ADR Market Review articles from April 2006

ADR Market Review archives from April 2006

By the numbers: week ended 31 March.
April 3, 2006... By the numbers: week ended 31 March Close Change YTD % S&P ADR Index 1545.8 3.5 8.9% DJ Industrials 11109.32 -170.65 3.7% S&P...

Last week's top stories.
April 3, 2006... Monday European shares declined, as takeover speculation moved shares in both directions. Trading was also cautious ahead of the impending U.S. FOMC meeting on interest rates. Tuesday Asian markets mostly advanced on the day....

Europe M&A activity reminiscent of tech bubble.(Market Talk)
April 3, 2006... Merger and acquisition activity surged in Europe during the first quarter, and at this rate, deal making could reach levels not seen since 2000. Thomson Financial calculated that the value of European deals so far this year is about US$426.6...

This week at a glance: week of 3 April-7 April.
April 3, 2006... Monday * Germany: March Manufacturing PMI * U.K.: March Manufacturing PMI * EU: March Manufacturing PMI * France: March Manufacturing PMI Tuesday * EU: February Unemployment * EU: February Producer Price Index...

Iceland heats up.(Notes & Quotes)
April 3, 2006... Icelandic banks, and companies, are under pressure following a three-year asset-price boom. And its limited experience with a fully integrated financial market could spell trouble for the island-nation down the road. The boom was built, in...

Malaysia eases financial restrictions.(Notes & Quotes)
April 3, 2006... Two weeks ago, Malaysia announced that it would begin lifting its 1998 moratorium on short-selling in order to inject some solvency into its stock market; the ringgit's peg to the U.S. dollar, and a ban on local funds investing abroad, have...

By the numbers: week end 7 April.
April 10, 2006... By the numbers: week ended 7 April Close Change YTD % S&P ADR Index 1569.9 24.1 10.56% DJ Industrials 11120.04 10.72 3.76% S&P 500 ...

Last week's top stories.
April 10, 2006... Monday European shares rallied on the day, amid enthusiasm surrounding a major deal within the communications equipment space. Mining and auto issues also took off. Tuesday Asian markets finished in mixed territory, in line with...

Japanese equities power higher.(Market Talk)
April 10, 2006... Last week, Japan's key Topix index reached a 14-year high, as investor bullishness regarding the economy, politics and corporate stability bolstered equities. Investors had been somewhat skeptical about the propensity for shares to advance in...

This week at a glance: week of 10 April-14 April.
April 10, 2006... Monday * Germany: March Consumer Price Index * U.K.: March Producer Price Index * Japan: February Machinery Orders Tuesday * Germany: April ZEW Index * U.K.: February Trade Balance * France: February Trade...

Emerging markets: tough times ahead?(Notes & Quotes)
April 10, 2006... Following a steep sell-off of Iceland and New Zealand's currencies on interest rate concerns, international bankers are warning about indiscriminate investment in emerging markets. Bill Rhodes, vice-chairman of Citigroup and an authority on...

Korea's New Central Bank Governor takes aims at inflation.(Notes & Quotes)
April 10, 2006... Korea's new central-bank governor, Lee Seongtae, vowed last week to keep policy focused on inflation, but said the central bank will reserve the ability to take "bold" decisions during economic uncertainty. "It has become more difficult to...

By the numbers: week ended 13 April.
April 17, 2006... By the numbers: week ended 13 April Close Change YTD % S&P ADR Index 1562.7 -7.2 10.1% DJ Industrials 11137.65 17.61 3.9%...

Last week's top stories.
April 17, 2006... Monday European issues advanced, aided by Italian stocks, as exit polls pointed toward an opposition election win. French issues lagged the broader market on concerns over the economy. Tuesday Asian markets mostly ebbed. Japan...

April upbeat for LatAm--so far.(Market Talk)
April 17, 2006... Latin America has taken a turn for the better so far in April, after key local markets witnessed lackluster trading in March. Key indices in Brazil, Mexico and Argentina all hit record highs during the first week of the month. Last month, Latin...

This week at a glance: week of 17 April-21 April.
April 17, 2006... Monday * Japan: February Industrial Production Tuesday * No major economic indicators scheduled for release Wednesday * Japan: February Leading Indicator (revised) * EU: February Industrial Production Thursday * Japan: March Trade...

Thaksin resigns, market xheers.(Notes & Quotes)
April 17, 2006... Two weeks ago, outgoing Thai Prime Minister Thaksin Shinawatra relinquished control to an acting interim premier. The country's financial market surged in response. Despite his pro-business stance, Thaksin's decision was welcomed by...

In Latin America, foreign commodities traders see red.(Notes & Quotes)
April 17, 2006... In an attempt to be inclusive of voters who cannot buy into the burgeoning metals trade, many South American countries have begun to take over management of their resources. "Latin America has become the prime stage for resource nationalism,"...

By the numbers: week ended 21 April.
April 24, 2006... By the numbers: week ended 21 April Close Change YTD % S&P ADR Index 1624.2 61.5 14.39% DJ Industrials 11347.45 209.80 5.88% S&P 500 ...

Last week's top stories.
April 24, 2006... Monday LatAm issues gained ground. Expectations of upbeat earnings propped up Mexican shares. A restructuring plan for Telemar and optimism about inflation lifted Brazil. Tuesday Asian markets ended mixed. Bargain-hunting helped...

Optimism about Japan continues to grow.(Market Talk)
April 24, 2006... A number of investors are growing increasingly upbeat on Japanese equities amid swelling confidence in the economy and expectations for strong corporate earnings. Japan's pleasing economic fundamentals have fueled overseas interest in Japan's...

This week at a glance: week of 24 April-28 April.
April 24, 2006... Monday * U.K. March Retail Sales * Taiwan: March Industrial Output Tuesday * Germany: April IFO Index Wednesday * U.K.: 1Q Gross Domestic Product Thursday * Germany: March Retail Sales * Germany: April...

Saudi market woes echo throughout region.(Notes & Quotes)
April 24, 2006... The Saudi stock market has been in a steep decline over the past two weeks, and other Middle Eastern markets are feeling the reverberations: the Dubai Exchange, Qatar and Egypt are all in decline. Analysts say the losses are due to a...

Brazilian presidential contenders: two of a kind?(Notes & Quotes)
April 24, 2006... As its presidential election draws near, Brazil is sending market-friendly signals. With President Luiz Inacio Lula da Silva and the lead contender for his job both making pro-market overtures, a victory for either could be a win-win scenario...