ADR Market Review articles from February 2006

ADR Market Review archives from February 2006

By the numbers: week ended 3 February.
February 6, 2006... By the numbers: week ended 3 February Close Change YTD % S&P ADR Index 1495.5 -15.9 5.32% DJ Industrials 10793.62 -113.59 0.71% S&P 500 ...

Last week's top stories.
February 6, 2006... Monday European markets finished mixed, amid two somewhat disappointing quarterly financial results from France. Mining, auto and oil and gas shares firmed on the day. Tuesday Asian stocks traded mixed, as investors were cautious...

A new couple of sector darlings for 2006.(Market Talk)
February 6, 2006... Recent press reports and market activity have uncovered a number of potential winners for the new year, including Asian banks and Euro drug companies. Regarding the former, Standard & Poor's cites still-strong (albeit slowing) regional GDP...

This week at a glance: week of 6 February-10 February.
February 6, 2006... Monday * Japan: December Leading Indicator Tuesday * Germany: December Industrial Production Wednesday * U.K.: December Industrial Production * U.K.: December Manufacturing Production Thursday * U.K.:...

Exoticism is in.(Notes & Quotes)
February 6, 2006... Investors' infatuation with foreign instruments such as Chinese or Brazilian securities appears to be strong in the first month of the year. For instance, January returns on emerging market equities were up about 10% in U.S. dollar terms,...

A happy Chinese New Year!(Notes & Quotes)
February 6, 2006... While many emerging markets have outperformed in 2005, excitement over foreign markets did not fully extend to Chinese stocks last year, with the Shanghai composite index falling 8%. Yet, in January 2006, the index jumped about 8%. While...

By the numbers: week ended 10 February.
February 13, 2006... By the numbers: week ended 10 February Close Change YTD % S&P ADR Index 1485.40 -10.1 4.61% DJ Industrials 10919.05 125.43 1.88% S&P 500 ...

Last week's top stories.
February 13, 2006... Monday European markets moved higher, amid takeover speculation in the banking sector and elsewhere. Mixed corporate reports also were in focus. Tuesday Asian stocks mostly receded, following lackluster performance in the U.S....

Indian shares reach new milestone.(Market Talk)
February 13, 2006... Last week, India's benchmark sensex index surpassed 10,000 for the first time ever, sparking some analyst debate regarding lofty valuations. "India has been in an awesome sweet spot, but that's behind us from now," commented Ridham Desai,...

This week at a glance: week of 13 February-17 February.
February 13, 2006... Monday * Japan: December Industrial Production * U.K.: January Producer Price Index Tuesday * U.K.: January Consumer Price Index * Germany: February ZEW Index Wednesday * U.K.: December Unemployment Thursday...

Investors face off against bullish won.(Notes & Quotes)
February 13, 2006... Korea's equity markets face increased pressure, amid the won's continued rise against the U.S. dollar, against the backdrop of a weaker Japanese yen and suppressed Chinese yuan. As of September 2005, the won has gained 8.4% against the U.S....

Price controls haunt Argentina's future.(Notes & Quotes)
February 13, 2006... Argentina continues to stem inflation by implementing price controls on many basic goods. The rate of inflation has doubled each year since 2003, to reach 12.3% in 2005. In a bid to contain inflation, the government has renewed price agreements...

By the numbers: week ended 17 February.
February 20, 2006... By the numbers: week ended 17 February Close Change YTD % S&P ADR Index 1498.4 13 5.53% DJ Industrials 11115.32 196.27 3.71% S&P 500 ...

Last week's top stories.
February 20, 2006... Monday European markets finished mixed, as gains within the telecom sector contended with losses from auto shares. The eurozone's economy edged up 0.3% in the fourth quarter, following a 1.7% jump in the third quarter. Germany's ZEW index...

Brazilian tax breaks garner mixed response.(Market Talk)
February 20, 2006... Last week, investors cheered the Brazilian government's move to exempt foreign investors from capital gains taxes on government bonds and provide certain tax exemptions on venture capital investments and on initial public offerings of shares....

This week at a glance: week of 20 February-24 February.
February 20, 2006... Monday * Italy: December Industrial Orders Tuesday * France: Q4 Gross Domestic Product (preliminary) * E.U.: December Trade Balance Wednesday * Germany: Q4 Gross Domestic Product Thursday * Japan: January...

Will Russian pipelines flow liberally?(Notes & Quotes)
February 20, 2006... At a recent Group of Eight finance ministers meeting, Russia said it is developing plans to allow other local producers greater access to its gas exports. Russia's reputation as a reliable supplier, capable of soothing global energy concerns,...

A French freeze?(Notes & Quotes)
February 20, 2006... A sharp slowdown in France's economy this past quarter has raised new doubts about the eurozone's economic strength, as well as France's contribution to Europe's economy. Analysts note that declining industrial production and sluggish...

By the numbers: week ended 24 February.
February 27, 2006... By the numbers: week ended 24 February Close Change YTD % S&P ADR Index 1507.5 9.1 6.17% DJ Industrials 11061.85 -53.47 3.21% S&P 500 ...

Last week's top stories.
February 27, 2006... Monday European markets finished mixed, as telecoms applied pressure due to a brokerage downgrade, while healthcare was impacted by a Food and Drug Administration ruling. Oil majors benefitted from a rally in crude oil. Tuesday ...

German confidence may seal ECB rate rise.(Market Talk)
February 27, 2006... Last week, Germany's economic picture became much brighter thanks to a steep rise in the Ifo business sentiment index and the GfK survey of consumer expectations. The improved confidence among businesses and consumers may also be good news for...

This week at a glance: week of 27 February-3 March.
February 27, 2006... Monday * No major economic reports scheduled for release Tuesday * Germany: February Unemployment * France: January Unemployment * France: January Producer Price Index * Japan: January Retail Sales * Japan:...

Banking on British banks.(Notes & Quotes)
February 27, 2006... Britain's banks are increasingly efficient and expanding into other global markets, while their shares are relatively cheap. Some investors, however, are reconsidering their position on British banks. Fueling concerns about the outlook for...

Bird-flu fears lift drug stocks.(Notes & Quotes)
February 27, 2006... The recent outbreak of the deadly H5N1 virus in India sent two of its biggest drug makers, which are producing and selling generic versions of a drug that treats the virus, sharply higher. Some investors are betting that pharmaceutical...