ADR Market Review articles from March 2006

ADR Market Review archives from March 2006

By the numbers: week ended 3 March.
March 6, 2006... By the numbers: week ended 3 March Close Change YTD % S&P ADR Index 1512.1 4.6 6.49% DJ Industrials 11021.59 -40.26 2.84%...

Last week's top stories.
March 6, 2006... Monday European markets moved higher on the day, amid M&A activity within the utility sector. Lower crude oil prices aided auto shares. Meanwhile, the telecommunications sector weakened. Tuesday Asian markets were flat to lower,...

Market talk.
March 6, 2006... Emerging markets, a love story There has certainly been a strong interest in emerging markets in recent years, but investors are increasingly beginning to look at these markets as necessary additions to their portfolios. Past hesitation...

Selected country indices.
March 6, 2006... Still, some analysts caution investors not to be overzealous. According to Mellon Analytical Solutions, emerging market equities have returned 5.8% a year on average over the past 10 years, underperforming European and U.S. markets. Also,...

This week at a glance: week of 6 March-10 March.
March 6, 2006... Monday * EU: January Retail Sales Tuesday * Germany: January Industrial Orders Wednesday * Japan: January Leading Indicator Thursday * U.K.: January Industrial and Manufacturing Production * U.K.: January...

Investors go abroad.(Notes & Quotes)
March 6, 2006... Last year, the S&P advanced just 3%, versus the 10.9% gain within Morgan Stanley's Europe, Australasia, Far East index. Further, according to the EAFE, Japanese shares sprang 40% higher in 2005. The average world-equity stock fund advanced...

A new investment strategy: Chinese New Year.(Notes & Quotes)
March 6, 2006... The "Chinese New Year Effect," or the rise of China's key stock-market indexes during Chinese New Year, has been noted by the International Monetary Fund in a 12 year study (1991 to 2002). Like other calendar-related phenomena that impact the...

By the numbers: week ended 10 March.
March 13, 2006... By the numbers week ended March 10 Close Change YTD % S&P ADR Index 1502.1 -10.00 5.79% DJ Industrials 11076.34 54.75 3.35% S&P 500 ...

Last week's top stories.
March 13, 2006... Monday European shares moved higher on the day, boosted by telecom consolidation news from both sides of the Atlantic. A major financial earnings release also provided market support. Tuesday Asian markets followed Wall Street...

Japanese monetary policy changes met with relief.(Market Talk)
March 13, 2006... Japanese monetary policy changes met with relief-for now Investors cheered the Bank of Japan's decision to end quantitative easing, in which substantial amounts of money were placed into the reserve accounts that banks are required to hold. The...

This week at a glance: week of 13 March-17 March.
March 13, 2006... Monday * Japan: Gross Domestic Product (2nd preliminary) * U.K.: February Producer Price Index Tuesday * Japan: January Industrial Production * Germany: March ZEW Index Wednesday * U.K.: January Unemployment ...

Politics may stall Thai economy.(Notes & Quotes)
March 13, 2006... Thailand's economic growth may stall as a snap election held amid calls for Prime Minister Thaksin Shinawatra's resignation weighs on corporate and consumer confidence. The setback has lead the country to delay signing a free trade accord with...

Brazil cuts '06 inflation estimate.(Notes & Quotes)
March 13, 2006... For the third week, Brazilian economists have lowered their estimate for inflation this year--to the lowest level in eight weeks--after a drop in food and clothing prices last month. According to a March 3 central bank survey, estimates are...

By the numbers: week endd 17 March.
March 20, 2006... By the numbers: week ended 17 March Close Change YTD % S&P ADR Index 1546.9 44.8 8.94% DJ Industrials 11279.65 203.31 5.25% S&P 500 ...

Last week's top stories.
March 20, 2006... Monday European shares jumped higher amid several takeover bids in both the U.S. and Europe. Healthcare firms in particular were active. Tuesday Asian markets moved lower, as crude oil prices advanced. Japanese shares gave up some...

Investors bullish on LatAm share offerings.(Market Talk)
March 20, 2006... Investment bankers expect Latin American companies will continue to turn to equity markets to help finance their growth in 2006. A combination of the firms ability to access capital markets, stronger balance sheets and pleasing microeconomic...

This week at a glance: week of 20 March-24 March.
March 20, 2006... Monday * Italy: January Industrial Orders Tuesday * U.K.: February Consumer Price Index * Italy: Q4 Unemployment Wednesday * EU: January Industrial Orders * Germany: March Consumer Price Index Thursday ...

Notes & quotes.
March 20, 2006... Emerging-Market Funds Draw Record $20.9 Bln This Year Emerging-market equity funds have attracted $20.9 billion this year, eclipsing the record inflows they garnered in all of 2005, as faster economic growth and a commodities boom lured...

By the numbers: week ended 24 March.
March 27, 2006... By the numbers: week ended 24 March Close Change YTD % S&P ADR Index 1542.3 -4.6 8.62% DJ Industrials 11279.97 0.32 5.25% S&P 500...

Last week's top stories.
March 27, 2006... Monday European shares moved higher on the day amid M&A speculation within the insurance industry and a rise in metals prices. German producer prices rose by a much higher-than-expected amount in February. Tuesday Asian markets...

India's steel stocks may advance further.(Market Talk)
March 27, 2006... Some analysts are bullish on India's steel firms as the country prepares to modernize its infrastructure in a bid to secure India's strong pace of economic growth. The economy is expected to expand more than 8% for the fiscal year ending March...

This week at a glance: week of 27 March-31 March.
March 27, 2006... Monday * Germany: March Consumer Price Index (preliminary) Tuesday * Italy: Fourth-quarter GDP (final) * Germany: March Ifo Index Wednesday * U.K.: Fourth-quarter GDP (final) Thursday * Japan: February...

Latin American muscle lies with Brazil, Mexico, Chile.(Notes & Quotes)
March 27, 2006... Latin American and Caribbean economies are set to expand by an estimated 4.3% in 2006, according to Jose Luis Machinea, head of the UN's regional-research group. "We are [forecasting] between 4% and 4.5%, but I think it will be more like...

Chinese IPOs keep it local.(Notes & Quotes)
March 27, 2006... The biggest IPO worldwide and best U.S. IPO debut in 2005 came from two different Chinese firms. But these may be exceptions to the rule, as far as other Chinese stock offerings are concerned. Investors aren't seeing many new Chinese stock...