ADR Market Review articles from September 2005

ADR Market Review archives from September 2005

By the numbers: week ended 2 September.
September 5, 2005... By the numbers: week ended 2 September Close Change YTD % S&P ADR Index 1367.6 46.5 6.77% DJ Industrials 10447.37 50.08 -3.11% S&P 500 ...

Last week's top stories.
September 5, 2005... Monday European markets were somewhat quiet, as London's market was closed for a holiday. Energy issues rose on surging crude oil prices, which briefly topped US$70 a barrel, as Hurricane Katrina threatened oil operations in the Gulf of...

Asia outlook upbeat, but oil could be a hindrance.(Market Talk)
September 5, 2005... The International Monetary Fund recently noted that economic growth in Asia should remain on a solid track in 2005 and 2006, which is good news for equities. Not surprisingly, the IMF warned that high oil prices are still a risk. Rodrigo de...

This week at a glance: week of 5 September-9 September.
September 5, 2005... Monday * No major economic indicators scheduled for release Tuesday * Japan: July Household Spending Wednesday * Japan: July Leading Indicators Thursday * Japan: July Machinery Orders Friday * No major...

Inflation could dim Baltic markets' outlook.(Notes & Quotes)
September 5, 2005... Stock markets in Latvia, Lithuania and Estonia, aptly called the "Baltic Tigers," have been on a tear this year amid stellar economic growth driven largely by their accession to the European Union in May of 2004. Moreover, the region is seen...

China H-shares may still run higher.(Notes & Quotes)
September 5, 2005... Stocks of Chinese companies listed in Hong Kong, so called H-shares, may have more upside potential due in part to cheap valuations and an improving economic outlook, says Partners Capital Asset Management's Clive Zhang. "The H-share index is...

By the numbers: week ended 9 September.
September 12, 2005... By the numbers: week ended 9 September Close Change YTD % S&P ADR Index 1387.2 19.6 8.30% DJ Industrials 10678.56 231.19 -0.97% S&P 500 ...

Last week's top stories.
September 12, 2005... Monday Asian shares endured a mixed session, as investors continued to assess Hurricane Katrina's impact on the U.S. economy. Solid corporate data boosted U.S. shares, while Hong Kong ended flat. South Korea and Taiwan declined. ...

Investors bet on Brazilian rate cut.(Market Talk)
September 12, 2005... On the back of tame inflationary data last week, investors are hoping the Brazilian Central Bank will cut the reference Selic rate for the first time since April 2004. A rate reduction could boost waning consumer demand and business growth,...

This week at a glance: week of 12 September-16 September.
September 12, 2005... Monday * U.K.: August Producer Price Index Tuesday * Japan: Q2 Gross Domestic Product * Japan: July Industrial Production * Germany: August Consumer Price Index * U.K.: August Consumer Price Index Wednesday ...

Energy issues challenge Indonesia.(Notes & Qoutes)
September 12, 2005... From its perch as one of Asia's strongest-performing markets during 2004 and 2005, Indonesia's Jakarta Composite Index suffered a 12% setback in August from which it has only slightly recovered. Fund managers remain cautious, though some say...

Japanese election should be good for stocks.(Notes & Quotes)
September 12, 2005... Polls give Japan's Liberal Democratic Party the lead in the Sept. 11 election, but win or lose, the outlook for Japanese stocks is good, analysts say. "The market probably believes that the Liberal Democrats will come out of the elections...

By the numbers: week ended 16 September.
September 19, 2005... By the numbers: week ended 16 September Close Change YTD % S&P ADR Index 1387.1 -0.1 8.29% DJ Industrials 10641.94 -36.62 -1.31% S&P 500 ...

Last week's top stories.
September 19, 2005... Monday European shares advanced, as concerns about high oil prices receded as oil and gas facilities in the Gulf of Mexico continued to recover. Meanwhile, a weaker euro boosted export-related firms. Tuesday Asian markets were...

German election could shake-up domestic market.(Market Talk)
September 19, 2005... Investors grew cautious last week ahead of the German elections, sending domestic equities into the red before rallying at the week's end. Recent polls indicated that Chancellor Gerhard Schroder's Social Democrat Party, or SPD, had gained some...

This week at a glance: week of 19 September-23 September.
September 19, 2005... Monday * No major economic indicators scheduled for release Tuesday * E.U.: July Trade Balance * Germany: September ZEW Index Wednesday * No major economic indicators scheduled for release Thursday * Japan:...

Mexican production slowdown had many sources.(Notes & Quotes)
September 19, 2005... When the Mexican government reported industrial production in July was down 1.1% from the year-earlier period a hurricane took part of the blame. Not Katrina, of course, but Hurricane Emily, which halted oil production in the Gulf of Mexico for...

Asian central bankers ponder higher interest rates.(Notes & Quotes)
September 19, 2005... It seems paradoxical but despite strong oil prices worldwide and what is described as generally tame inflation, higher interest rates are likely in some of the world's biggest economies. In Asia, the Taiwan central bank raised its discount rate...

By the numbers: week ended 23 September.
September 26, 2005... By the numbers: week ended 23 September Close Change YTD % S&P ADR Index 1370.4 -16.7 6.99% DJ Industrials 10419.59 -222.35 -3.37% S&P 500 ...

Last week's top stories.
September 26, 2005... Monday European shares mostly declined, amid surging crude oil prices. Concerns about Hurricane Rita bid up crude. German equities were under pressure, after the federal elections provided no clear winner. Tuesday Asian markets...

China becomes more flexible.(Market Talk)
September 26, 2005... In its first quarterly monetary-policy meeting since China revalued the yuan in July, the People's Bank of China indicated that, so far, its move to revalue the currency has enjoyed a smooth transition. The central bank commented, "Overall, the...

This week at a glance: week of 26 September-30 September.
September 26, 2005... Monday * Germany: September Consumer Price Index Tuesday * E.U.: July Trade Balance * Germany: September Ifo Index Wednesday * U.K.: Q2 GDP (Final) Thursday * Japan: August Retail Sales * Germany:...

South Korean stocks attract foreign interest.(Notes & Quotes)
September 26, 2005... Though the details of the recent agreement out of the six-party talks on North Korea's nuclear weapons program are lacking, the effect on South Korea's stock market was immediate. The Korean index posted a record high close the next day and...

Turkey's stock market could delight investors.(Notes & Quotes)
September 26, 2005... Favorable political developments are making the Turkish stock market more attractive to investors, despite its dependence on imported oil. The good political news is membership in the European Union, possibly in eight to ten years, according to...