Stock Market Witnesses Slow Business


Stock Market Witnesses Slow Business

It has been recently revealed that this week’s stock market is said to be one of the worst weeks for stocks in 2012. Last couple of months has been quite productive for the stock market, but recent incidents have completely turned the table.

China and 17-country Eurozone are among the countries, which have lost maximum. It has been found that many traders have withdrawn their cash from the stock market. The stock market report was of the view that China’s stock market has fallen from 49/6% to 48.1% in this February.

Stock market is one of the indicators of prevailing economic activities and it seems that world economy is under great pressure and is facing a great risk. Jane Foley, who is an analyst at Rabobank International, said that condition of British market was also not impressive as leading British shares were down by 1.1%.

The FTSE 100 index, Wall Street, Dow and S&P 500, were some of the many indexes which were trading in negative. In addition, Hong Kong's Hang Seng has closed up by 0.2% and was the positive indexes in the list. Foley predicted about the future market as "instill a risk off tone for the remainder of the week”.

Latest News

Sources Say ABInBev will Possibly Raise SABMiller Bid to Around 43 to 44 Pounds
William Lewis
Weaker Dollar and Lower U.S Rig Count Help Oil Edge Up
Gold Gains as Investors do not See any Chance of US Rate Hike Immediately
Contract Fees is the Key Reason for Tegna and Dish Spat
A Rise in the Medicare Premiums Could Mean Huge Increase for some and Opportunit
Organization for Economic Co-operation and Development
New Twitter CEO Expected to Cut Costs and Bring Changes
Deutsche Bank Q3 Loss may be a Record One in a Decade
Volkswagen Scandal Worries the City of Wolfsburg
Strong Component Sale and Weak Won help Samsung’s Third Quarter Profits
Is the U.S. Shale Oil Boom Heading Towards the Beginning of Its End?