ADR Market Review articles from October 2005

ADR Market Review archives from October 2005

By the numbers: week ended 30 September.
October 3, 2005... By the numbers: week ended 30 September Close Change YTD % S&P ADR Index 1397.2 26.8 9.08% DJ Industrials 10567.70 149.11 -1.99% S&P 500 ...

Last week's top stories.
October 3, 2005... Monday European shares broadly advanced, led by chemical and insurance stocks, as Hurricane Rita's damage was lighter than expected. Parliamentary elections in Poland were also a focus. Tuesday Asian markets finished mixed. Japan...

U.K. stocks shine, but economy tells a different story.(Market Talk)
October 3, 2005... U.K. equities have been on a tear in 2005, with the benchmark index, the FTSE-100, trading up around 12% so far this year, while recently reaching a fresh four-year high. This compares to a dip in some of their U.S. counterparts, as the Dow...

This week at a glance: week of 3 October-7 October.
October 3, 2005... Monday * Japan: September Tankan Survey * E.U.: September Manufacturing PMI * U.K.: September Manufacturing PMI * Germany: September Manufacturing PMI Tuesday * E.U.: August Producer Price Index * E.U.: August...

Brazilian stocks rise as economy shows strength.(Notes & Quotes)
October 3, 2005... Brazil's political system is in turmoil over corruption scandals but its stock market has benefited from a strong economy and continued international investor interest. The Bovespa index topped 30,000 on Sept. 19 and closed above 31,000 on...

Polish election results may spur stocks.(Notes & Quotes)
October 3, 2005... The winning parties of last week's Polish parliamentary election said in the campaign that they were committed to lower taxes, smaller government and ending corruption, all of which would boost the country's stock market. The Polish WIG20 Index...

By the numbers: week ended 7 October.
October 10, 2005... By the numbers: week ended 7 October Close Change YTD % S&P ADR Index 1366.3 -30.9 6.67% DJ Industrials 10292.31 -276.39 -4.55% S&P 500 ...

Last week's top stories.
October 10, 2005... Monday European shares advanced, partly aided by an upbeat reading for September's U.S. ISM manufacturing index. Healthcare, technology and the food and beverage sectors were particularly strong. Tuesday Asian markets finished...

Brazilian equities poised to gain in Q4.(Market Talk)
October 10, 2005... Brazil's benchmark Bovespa stock index finished the third quarter at a record high at 31,584 points, and some analysts are banking the key index will continue to advance throughout the end of the year. Some of the reasons cited for the upbeat...

This week at a glance: week of 10 October-14 October.
October 10, 2005... Monday * U.K.: September Producer Price Index * France: August Industrial Production * Germany: August Trade Balance Tuesday * Germany: September Consumer Price Index * France: August Trade Balance * U.K.: August...

Japanese economic prospects may be better than expected.(Notes & Quotes)
October 10, 2005... With the Japanese election settled, stock market observers focused on the quarterly Tankan survey of business sentiment for a hint at where the economy might go. The less-than-enthusiastic result--the index for large manufacturers rose to 19...

Indian share gains could be too much of good thing.(Notes & Quotes)
October 10, 2005... So far this year, the Bombay Stock Exchange index is up more than 30%, far ahead of other Asian markets, boosted by more than $8.5 billion of foreign money. With earnings reports about to come in, it may be time to lock in profits. "If there...

By the numbers: week ended 14 October.
October 17, 2005... By the numbers: week ended 14 October Close Change YTD % S&P ADR Index 1353.1 -13.2 5.64% DJ Industrials 10287.34 -4.97 -4.60% S&P 500 1186.57 -9.33...

Last week's top stories.
October 17, 2005... Monday European markets declined from their intra-day highs, but still finished in the black, strongly aided by basic resources. Merger and acquisition activity was in focus, particularly within the telecom sector. Tuesday Asian...

Inflation concerns ignite in Europe.(Market Talk)
October 17, 2005... Inflation worries have been well documented in the U.S. in recent weeks, and perhaps some of this concern is rubbing off on Europe. Equities in the region have also suffered alongside their U.S. counterparts as the threat of rising interest...

This week at a glance: week of 17 October-21 October.
October 17, 2005... Monday * No major indicators scheduled for release Tuesday * Germany: October ZEW Index * U.K.: September Consumer Price Index Wednesday * EU: August Industrial Production Thursday * U.K.: September Retail...

EU accession hopes boost Turkish equities.(Notes & Quotes)
October 17, 2005... Turkey's stock market has been rocketing higher this year amid falling interest rates, strong economic expansion and growing hopes that Turkey will eventually join the European Union. Merrill Lynch said in a recent note to clients that the...

Interest-rate uncertainty clouds S. Korea's outlook.(Notes & Quotes)
October 17, 2005... Investors largely shrugged off the South Korean central bank's move last Tuesday to raise interest rates for the first time in more than three years, sending the benchmark Kospi stock index to a record high, amid hopes that monetary policy will...

By the numbers: week ended 21 October.
October 24, 2005... By the numbers: week ended 21 October Close Change YTD % S&P ADR Index 1313.5 -39.6 2.55% DJ Industrials 10215.22 -72.12 -5.27% S&P 500 ...

Last week's top stories.
October 24, 2005... rkets were encouraged by U.S. market strength. Still, Japanese shares underperformed the region ahead of some heavyweight U.S. earnings releases. Hong Kong and South Korean markets rose, while Taiwan ended flat. Wednesday Brazil led...

Fund managers, investors weigh Japanese market strength.(Market Talk)
October 24, 2005... A recent cocktail of U.S. monetary policy jitters and reduced global liquidity is driving certain fund managers out of the U.S. and into the arms of Japanese equities. According to Merrill Lynch's monthly poll of the global investment industry,...

This week at a glance: week of 24 October-28 October.
October 24, 2005... Monday * EU: August Industrial Orders * Germany: October Consumer Price Index Tuesday * Germany: October Ifo Index Wednesday * Japan: September Retail Sales Thursday * Japan: October Consumer Price Index ...

Anything but the US: a boon for ADRs?(Notes & Quotes)
October 24, 2005... Global fund flows have been attracted to non-U.S. assets lately, mainly due to inflation fears, as high oil prices are starting to have an impact on the U.S. economy. Last week's robust PPI momentarily sent investors rushing out the doors. ...

Wedding bells in Europe.(Notes & Quotes)
October 24, 2005... While the Internet bubble is long gone, new technology companies have seen a burst of M&A activity lately in Europe. According to European Technology Acquisition Review, 820 deals were sealed in Q3, beating the prior record of 781 in Q1 of...

By the numbers: week ended 4 November.
October 31, 2005... By the numbers: week ended 4 November Close Change YTD % S&P ADR Index 1362.7 26.6 6.39% DJ Industrials 10530.76 127.99 -2.34% S&P 500 ...

Last week's top stories.
October 31, 2005... Monday Latin American shares rose, in tune with U.S. markets, encouraged by lower oil prices and pleasing budget surplus data in Brazil. Tuesday Asian markets mostly ended higher, especially Japan, which benefited from a pleasing...

Inflation, bird flu concerns dim Indonesia's outlook.(Market Talk)
October 31, 2005... Foreign investors have been big fans of Indonesian equities lately but some looming dark clouds could soon dampen their enthusiasm. Investors have been heartened by the political popularity of President Susilo Yudhoyono, who has approval...

This week at a glance: week of 7 November--11 November.
October 31, 2005... Monday * Japan: September Leading Indicators * EU: September Retail Sales * Germany: September Industrial Production Tuesday * No major economic release Wednesday * Germany: September Trade Balance Thursday...

ECB is under eye to raise rates before year end.(Notes & Quotes)
October 31, 2005... The European Central Bank has left the door open to raising interest rates as early as December. And such changes may be in line considering the ECB is increasingly concerned about the quickening of inflation from heavy growth, which may in...

Has the buying spree come to an end for Japanese equities?(Notes & Quotes)
October 31, 2005... Record trading volumes on the Tokyo Stock Exchange and the foreign binge on Japanese equities go hand-in-hand. Foreign investors have been acquiring the country's' equities for 19 consecutive weeks according to the Tokyo Stock Exchange. Over...