ADR Market Review articles from June 2006

ADR Market Review archives from June 2006

By the numbers: week ended 2 June.
June 5, 2006... By the numbers: week ended 2 June Close Change YTD % S&P ADR Index -1580.4 8.4 11.30% DJ Industrials 11247.87 -30.74 4.95% S&P 500 ...

Last week's top stories.
June 5, 2006... Monday European stock markets were tepid on listless trading, on hopes that a Russian merger deal can be blocked. Tuesday Asian markets ended lower amid a lack of buying incentives. Japan's market slipped on lackluster economic...

Latin America's oil grab.(Market Talk)
June 5, 2006... For many oil executives, Evo Morales' landslide victory in Bolivia's presidential elections seemed full of promise. But many have since found their facilities expropriated in an spate of nationalist oil seizures. Just over a week ago, a...

This week at a glance: week of 5 June--9 June.
June 5, 2006... Monday * No major economic data is slated for release. Tuesday * No major economic data is slated for release. Wednesday * Japan: April Leading Indicator Thursday * U.S.: Wholesale Inventories * U.S.:...

Emerging markets on the edge.(Notes and Quotes)
June 5, 2006... Record amounts of money flowed into developing economies last year, the World Bank recently reported. But recent market drops have rattled investors. Mansoor Dailami, lead author of the World Bank report on global development finance, said:...

Volatility cools appetite for Asian IPOs.(Notes and Quotes)
June 5, 2006... Companies attracted to Asian equity markets may be contending with market volatility that's affecting the risk appetite of hedge funds, which have become big initial public offering (IPO) players. "We have seen a hedge fund that has pulled $100...

By the numbers: week ended 9 June.
June 12, 2006... By the numbers: week ended 9 June Close Change YTD % S&P ADR Index 1482.1 -98.3 4.38% DJ Industrials 10891.92 -355.95 1.63% S&P 500 ...

Last week's top stories.
June 12, 2006... Monday Latin American stocks dropped on concerns about rising U.S. inflation and interest rates. In Argentina, new economic data showed local inflation eased in May. Tuesday Most Asian markets ended lower, as comments by the U.S....

UK market: on course for doldrums?(Market Talk)
June 12, 2006... In May, the UK's FTSE 100 and FTSE 250 had their worst monthly performances since January 2003. A downturn is not entirely surprising, as global markets have recently been shaky on inflation worries and geopolitical concerns, particularly...

This week at a glance: week of 12 June-16 June.
June 12, 2006... Monday * Japan: GDP (Q1) UK: PPI (May) Tuesday * Japan: Industrial Output (April) * Germany: CPI (May) * UK: CPI (May) * Germany: ZEW Index (June) Wednesday * UK: Unemployment (April) Thursday ...

Pakistan unveils first private equity fund.(Notes & Quotes)
June 12, 2006... The launch last week of Pakistan's first private equity fund has encouraged foreign investors thinking about capitalizing on the country's economic recovery. The two sponsors of the US$300 million fund, one based in Dubai and the other in...

Shanghai Index making strides.(Notes & Quotes)
June 12, 2006... A-shares, the most liquid shares on the Shanghai and Shenzhen stock markets, have recently taken off on talk of consolidation in the country's steel sector and due to improved sentiment at local banks. The benchmark Shanghai Composite Index has...

By the numbers: week ended 16 June.
June 19, 2006... By the numbers: week ended 16 June Close Change YTD % S&P ADR Index 1474 -8.1 3.81% DJ Industrials 11014.55 122.63 2.77% S&P 500 ...

Last week's top stories.
June 19, 2006... Monday Latin American stocks were lower across the board, adding to a recent string of losses as investors sell off non-U.S. holdings on fear of further rate hikes from the U.S. Federal Reserve. Tuesday Asian markets sustained...

Market talk.
June 19, 2006... Emerging markets ready for a storm Regarding the recent selloff in emerging-market shares, Charles Dallara, managing director of the Institute of International Finance, believes that this is a "... period of vulnerability for emerging...

This week at a glance: week of 19 June-23 June.
June 19, 2006... Monday * No economic data is slated for release. Tuesday * Italy: Unemployment (1Q) Wednesday * France: Consumer Spending (May) * Germany: CPI (June) Thursday * Japan: Trade Balance (May) * EU:...

German confidence dips for fifth month.(Notes & Quotes)
June 19, 2006... A ZEW Center for European Economic Research index shows June German investor confidence dropped to a lower-than-expected 37.8 from 50 in May. "The drop reflects recent stock market turbulence," said Deutsche Bank's Thomas Mayer. "There are...

Tokyo loses its luster.(Notes & Quotes)
June 19, 2006... In May, overseas investors sold Y504 billion of Japanese shares, and the Nikkei 225 dropped 8.5%. There was no crisis, so what was the cause? Perhaps it was simply that what goes up, must come down--especially when set aloft by cautious...

By the numbers: week ended 23 June.
June 26, 2006... By the numbers: week ended 23 June Close Change YTD % S&P ADR Index 1482 8 4.37% DJ Industrials 10989.09 -25.46 2.53% S&P 500 ...

Last week's top stories.
June 26, 2006... Monday Latin American shares moved lower amid significant losses in both Brazil and Mexico. Investors focused on volatility as doubts lingered about U.S. inflation prospects. Tuesday Asian stocks ended lower as the weak showing on...

Market talk.
June 26, 2006... Energy-price volatility pressuring India Indian Finance Minister Palaniappan Chidambaram characterized energy price volatility as "worrying" during recent talks regarding global market volatility with French Finance Minister Thierry...

This week at a glance: week of 26 June-30 June.
June 26, 2006... Monday * Germany: CPI (June) Tuesday * Germany: Retail Sales (May) * Germany: Ifo Index (June) Wednesday * Japan: Retail Sales (May) Thursday * France: GDP (1Q) * Germany: Unemployment (June) ...

Notes & quotes.
June 26, 2006... End of China's share lock-up could spark M&As China's stock markets, which include some of the strongest global performers in 2006, faced a new risk factor last Monday as the lock-up period on selling shares in 201 companies began to be phased...