ADR Market Review articles from August 2005

ADR Market Review archives from August 2005

By the numbers: week ended 29 July.(stock markets)(Brief Article)(Illustration)
August 1, 2005... By the numbers: week ended 29 July Close Change YTD % S&P ADR Index 1307.5 11 2.08% DJ Industrials 10640.91 -10.27 -1.32% S&P 500 ...

Last week's top stories.
August 1, 2005... Monday European shares advanced, bolstered by the oil and gas sector, which benefited from a positive brokerage note. Corporate financial releases continued to dictate trading direction. Tuesday Asian markets finished mixed....

Yuan revaluation could boost Asia ... or will it?(Market Talk)
August 1, 2005... Some analysts are speculating about the potential impact China's revaluation of the yuan will have on the broader Asian region. China recently abandoned the yuan's peg against the greenback and raised the value of the renmimbi by 2.1% against...

This week at a glance: week of 1 August-5 August.
August 1, 2005... Monday * No major economic indicators scheduled for release Tuesday * EU: June Producer Price Index * EU: June Unemployment Wednesday * EU: June Retail Sales Thursday * Germany: June Industrial Orders *...

Sweet spots in Europe.(Notes & Quotes)(Brief Article)
August 1, 2005... Last week, alluring earnings from some bellwethers helped European bourses hit three-year highs. Accor-ding to Reiner Triltsch, of the Excelsior International Fund, the trend should continue, as "unless the U.S. dollar goes to new lows against...

Copper shines.(Notes & Quotes)(Brief Article)
August 1, 2005... Copper-related firms, notably from Europe and Latin America, should continue to do well, predict some investors, even though sentiment is bearish on the commodity for the second half of 2006. Equity valuations already reflect the negative...

By the numbers: week ended 5 August.(stock markets)(Brief Article)
August 8, 2005... By the numbers: week ended 5 August Close Change YTD % S&P ADR Index 1323.4 15.9 3.32% DJ Industrials 10558.03 -82.88 -2.09% S&P 500 ...

Last week's top stories.
August 8, 2005... Monday Asian markets finished mixed. Japanese and Hong Kong shares advanced, supported by corporate financial results. South Korean stocks edged up, while Taiwan slipped. Tuesday European markets advanced, amid sharp gains in...

Earnings keep U.K. afloat.(Market Talk)
August 8, 2005... Corporations are defying analyst expectations in the U.K. with what has so far been a strong earnings season. The impressive corporate results have also helped support the FTSE 100 index amid slack economic growth. It is understandable that...

This week at a glance: week of 8 August-12 August.(Calendar)
August 8, 2005... Monday * U.K.: July Producer Price Index Tuesday * Japan: June Machinery Orders * U.K.: June Trade Balance Wednesday * France: June Industrial Production Thursday * Germany: Q2 GDP * Italy: Q2 GDP ...

South Korea's outlook remains bright.(Notes & Quotes)(Brief Article)
August 8, 2005... South Korean shares have been on a tear so far this year, surging nearly 24%, and some analysts believe the market has room for further gains. HSBC Halbis Partners' Mijung Kang, for one, expects improved consumption demand, attractive share...

Investment bank upbeat on Pakistan.(Notes & Quotes)(Brief Article)
August 8, 2005... Pakistan's stock market, which is among Asia's top gainers this year, should continue its strong performance over the long-term on attractive share price valuations, domestic liquidity and institutional reforms, Merrill Lynch said in a report...

By the numbers.(Alternative Dispute Resolution index)(year to date)(Brief Article)(Illustration)
August 22, 2005... By the numbers: week ended 19 August Close Change YTD % S&P ADR Index 1333.3 -30.7 4.09% DJ Industrials 10559.23 -41.08 -2.08% S&P 500 ...

Last week's top stories.(market conditions)
August 22, 2005... Monday Asian markets were mostly lower; although, losses were minimal. Japan was pressured by car manufacturers and tech groups, while tech firms also hurt Taiwan. Hong Kong closed slightly higher following a late-day rally. Tuesday...

Analysts consider Mexico's economy.(Market Talk)
August 22, 2005... Several analysts have become more bearish on Mexico, following a disappointing Gross Domestic Product reading. Last week, the Finance Ministry announced that GDP grew by a much less-than-expected 3.1% in second quarter from the corresponding...

This week at a glance: week of 22 August-26 August.(calendar)(Calendar)
August 22, 2005... Monday * Germany: August Consumer Price Index (preliminary) Tuesday * Germany.: August ZEW Index Wednesday * EU: June Industrial Orders Thursday * Japan: July Trade Balance * Germany: August Ifo Index ...

Asian stocks seen extending rally.(Notes & Quotes)(Brief Article)
August 22, 2005... Some global fund managers expect Asia's stock market rally over the past two years to continue thanks to China's recent currency revaluation. Investors are hopeful that a strengthening of the yuan will prompt other Asian countries to allow...

Promising data brightens Japan's outlook.(Economy)(Brief Article)
August 22, 2005... Recent economic data has added to indications the Japanese economy is gaining steam, boosting expectations that Japanese stocks will continue to weather uncertainty surrounding upcoming general elections on September 11. The Nikkei has risen...

By the numbers: week ended 26 August.
August 29, 2005... By the numbers: week ended 26 August Close Change YTD % S&P ADR Index 1321.1 -12.2 3.14% DJ Industrials 10397.29 -161.94 -3.58% S&P 500 ...

Last week's top stories.
August 29, 2005... Monday European markets ended mixed amid a fresh round of deal announcements. Auto and mining issues outperformed, while pharmaceutical issues weakened, partly due to the legal woes concerning a major U.S. drug firm. Tuesday ...

Steel firms brace for slowing growth.(Market Talk)
August 29, 2005... Steel firms in emerging markets have recently come under pressure, following a slightly disappointing second-quarter earnings season. Further weakness is likely on the horizon, as rising raw material costs and weakening steel prices conspire to...

This week at a glance: week of 29 August-2 September.
August 29, 2005... Monday * No major economic indicators scheduled for release Tuesday * Japan: July Unemployment Wednesday * Germany: August Unemployment * Eurozone: Q2 Gross Domestic Product Thursday * Eurozone: September...

Funds plan to trim holdings in global equities.(Notes & Quotes)
August 29, 2005... Global fund managers are planning to slightly reduce their exposure to stocks, while adding a little to their bond and cash positions, according to a Dow Jones Newswires poll. "Global equities are looking a little tired after a strong run in...

Cooling off on Central, Eastern European banks.(Notes & Quotes)
August 29, 2005... Investments in Central and Eastern European banks have paid off in the recent past, as shares of the biggest players have nearly tripled since the start of 2003. Select analysts believe the securities now appear overvalued, as these firms'...