ADR Market Review articles from March 2005

ADR Market Review archives from March 2005

By the numbers: week ended 4 March.(Illustration)
March 7, 2005... By the numbers: week ended 4 March S&P ADR Index 1329.4 15 3.79% DJ Industrials 10940.55 98.95 1.46% S&P 500 1222.12 10.75 0.84% NASDAQ Comp. ...

Last week's top stories.(Brief Article)
March 7, 2005... Monday Asian markets largely rose. Japanese issues were lifted by data showing the country's January industrial output grew more than expected. However, Chinese stocks declined on weakness in bank shares. Tuesday European stocks...

IPOs could encourage Philippine market's advance.(Market Talkw)(initial public offering)
March 7, 2005... With the high returns of the past two years leveling off, investors are betting that a planned batch of initial public offerings in the Philippines, more such action than witnessed there in almost a decade, could shift the country's stock...

This week at a glance: week of 7 March-11 March.
March 7, 2005... Monday * No major indicators scheduled for release. Tuesday * No major indicators scheduled for release. Wednesday * Germany: January Industrial Production * U.K.: January Industrial Production * Japan: January...

Argentina concludes debt restructuring.(Notes & Quotes)(Brief Article)
March 7, 2005... After delays, court battles, and endless negotiations with creditors, Argentina has finally concluded its debt restructuring. The country, which defaulted on US$103 billion in government debt in 2001, managed to garner an acceptance rate of an...

Is India overvalued?(Notes & Quotes)(Brief Article)
March 7, 2005... The Indian market, like other emerging markets, has been on a strong rally over the past two years, which has brought in a number of foreign investors. Now, some are suggesting that the excitement surrounding the market may be waning, despite...

By the numbers: week ended 11 March.(Illustration)
March 14, 2005... By the numbers: week ended 11 March S&P ADR Index 1319.3 -10.1 3.00% DJ Industrials 10774.36 -166.2 -0.08% S&P 500 1200.08 -22.04 -0.98% NASDAQ Comp. ...

Last week's top stories.(Brief Article)
March 14, 2005... Monday Asian markets ended mostly higher, as Friday's gains among U.S. counterparts boosted sentiment across the region. Japan's key index climbed for an eighth-straight session, its longest bull run since August 1999. Tuesday ...

Brazil remains solid choice for investors.(Market Talk)
March 14, 2005... Despite some profit taking after Brazil's benchmark Ibovespa index closed at an all-time high of 29,455 points last Monday, investors believe Brazilian stocks are set for further gains based on corporate profits, a solid macroeconomic...

This week at a glance: week of 14 March-18 March.(Calendar)
March 14, 2005... Monday * Japan: Q4 Gross Domestic Product * Japan: January Industrial Output Tuesday * Italy: January Industrial Production * Germany: March ZEW Index Wednesday * Italy: February Consumer Price Index ...

Hong Kong faces uncertainties.(Notes & Quotes)(Brief Article)
March 14, 2005... Hong Kong is now facing some political uncertainties with the resignation of Chief Executive Tung Chee Hwa and the appointment of Donald Tsang as the city's new leader. Despite the changes in political leadership, many analysts expect the...

Bullishness on Japan grows.(Notes & Quotes)(securities industry)(Brief Article)
March 14, 2005... With the Nikkei moving sharply higher in recent sessions, many analysts and investors are becoming more optimistic on the prospects for Japan. JPMorgan strategist Abhijit Chakrabortti is upbeat, claiming "Japan looks ready to rock," even as the...

By the numbers: week ended 18 March.(Illustration)
March 21, 2005... By the numbers: week ended 18 March Close Change YTD % S&P ADR Index 1307.4 -11.9 2.07% DJ Industrials 10629.67 -144.7 -1.42% S&P 500 ...

Last week's top stories.(Brief Article)
March 21, 2005... Monday Investors continued to move out of Latin American shares, with Mexico and Argentina both falling sharply. Higher U.S. Treasury yields have lured money out of the region. Tuesday Asian markets closed broadly lower, with...

European restructuring attracts investors.(Market Talk)
March 21, 2005... Despite Europe's sluggish economic performance and outlook, a number of investors are still drawn to European equities, due largely to corporate restructuring and cost-cutting efforts and cheap valuations. Indeed, European stocks have forged...

This week at a glance: week of 21 March-25 March.(Calendar)
March 21, 2005... Monday * No major indicators scheduled for release. Tuesday * U.S.: February Producer Price Index Wednesday * U.S.: February Consumer Price Index Thursday * No major indicators scheduled for release. Friday...

Can the emerging market rally continue?(Notes & Quotes)(Brief Article)
March 21, 2005... With investors pouring money into emerging markets in record amounts, some analysts believe that the rally that pushed the asset class may have room to continue. Still, some of the optimism is being tempered by worries about rising U.S....

China's B shares get another look.(Notes & Quotes)(Brief Article)
March 21, 2005... The Chinese Class B shares have put in a dismal performance of late, as foreign investors have been wary of the small B share market, which is much less liquid and fraught with more risks than the Hong Kong and U.S.-listed Chinese companies....

By the numbers: week ended 25 March.(Illustration)
March 28, 2005... By the numbers: week ended 25 March S&P ADR Index 1269.1 -38.3 -0.92% DJ Industrials 10442.87 -186.80 -3.15% S&P 500 1171.42 -18.23 -3.34% NASDAQ Comp. ...

Last week's top stories.(Brief Article)
March 28, 2005... Monday Latin American issues fell, pressured by ongoing worries about rising U.S. interest rates and concerns about the impact higher oil prices will have on local inflation and global economic growth. Tuesday European markets...

Inflation, economic growth key for LatAm investors.(Market Talk)
March 28, 2005... Last Tuesday's U.S. interest rate hike was accompanied by comments in which the Federal Reserve warned about building inflationary pressures. Also, Thursday's release of notes from the Brazilian central bank's March policy meeting suggested a...

This week at a glance: week of 28 March-1 April.
March 28, 2005... Monday * Japan: February Retail Sales Tuesday * Japan: February Employment * France: February Producer Price Index Wednesday * Japan: February Industrial Output * U.S.: Q4 Gross Domestic Product Thursday ...

Eastern Europe caught in recent sell-off.(Notes & Quotes)(Brief Article)
March 28, 2005... With most emerging markets coming under selling pressure recently, Eastern Europe was not spared, as some market participants worry that higher interest rates in the U.S. may lure investment away from the asset class. Still, some investors...

Other investors also favor emerging Europe.(Notes & Quotes)(Brief Article)
March 28, 2005... Julian Mayo, investment director at Charlemagne Capital, continues to see opportunities in Eastern Europe, particularly in Poland, Hungary and the Czech Republic, because of their recent membership in the European Union. Mayo believes these...