(Bloomberg) -- The following stocks may rise or fall in German markets today.
Germany's DAX index rose 1.4 percent to 7342.54 on the Xetra electronic-trading system on April 20.
Read more at Bloomberg Stocks News
Sunday, April 22, 2007
Platinum Rises to 5-Month High on New Funds; Palladium is Little Changed
(Bloomberg) -- Platinum rose to a five-month high in Asian trading amid continued speculation the introduction of new exchange-traded funds will boost demand. Platinum futures in Tokyo climbed to a record. Palladium was little changed.
Prices for platinum and palladium rose last week following the announcement of new ETFs. Platinum, which rose 4.5 percent last week, had its biggest one-day gain in almost five months on April 20 when it rose 2.4 percent at close. Palladium gained 2.1 percent last week.
Read more at Bloomberg Commodities News
Prices for platinum and palladium rose last week following the announcement of new ETFs. Platinum, which rose 4.5 percent last week, had its biggest one-day gain in almost five months on April 20 when it rose 2.4 percent at close. Palladium gained 2.1 percent last week.
Read more at Bloomberg Commodities News
Pakistan's Habib Bank Plans IPO, GDR Sale to Fund Asian, African Expansion
(Bloomberg) -- Habib Bank Ltd., Pakistan's largest by branches, plans to sell shares locally and overseas this year to help grow its network in China, Central Asia and East Africa.
The Pakistan government will sell at least 10 percent in the bank through an initial public offering within the next three months and list global depositary receipts in Hong Kong or London by December, Habib Bank President Zakir Mahmood said in an April 20 interview in Karachi.
Read more at Bloomberg Emerging Markets News
The Pakistan government will sell at least 10 percent in the bank through an initial public offering within the next three months and list global depositary receipts in Hong Kong or London by December, Habib Bank President Zakir Mahmood said in an April 20 interview in Karachi.
Read more at Bloomberg Emerging Markets News
Australian Dollar Drops, Bonds Advance as Producer Price Index Unchanged
(Bloomberg) -- The Australian dollar fell from near a 17-year high after a government report said producer prices were unchanged in the first quarter. Government bonds rose.
The local dollar declined against all 16 most-traded currencies today as traders trimmed bets the Reserve Bank of Australia will increase the interest rate from a six-year high 6.25 percent. The zero increase in the producer price index compares to economists' estimate for a 0.6 percent quarterly gain.
Read more at Bloomberg Currencies News
The local dollar declined against all 16 most-traded currencies today as traders trimmed bets the Reserve Bank of Australia will increase the interest rate from a six-year high 6.25 percent. The zero increase in the producer price index compares to economists' estimate for a 0.6 percent quarterly gain.
Read more at Bloomberg Currencies News
Australia's S&P/ASX 200 Climbs, Set for Record, Led by BHP, Rio,Westfield
(Bloomberg) -- Australian stocks rose, led by BHP Billiton Ltd. and Rio Tinto Group, as prices for metals, such as copper, zinc and gold, increased.
Westfield Group and CSL Ltd. also gained after U.S. stocks surged to a record as profit reports from companies including Caterpillar Inc. raised confidence global economic growth will be sustained.
Read more at Bloomberg Stocks News
Westfield Group and CSL Ltd. also gained after U.S. stocks surged to a record as profit reports from companies including Caterpillar Inc. raised confidence global economic growth will be sustained.
Read more at Bloomberg Stocks News
Barclays deal for ABN-AMRO looms, BoA to buy LaSalle
(Reuters) - Analysts have said LaSalle could be worth between $18 billion and $23 billion, and the Wall Street Journal reported on Sunday that Bank of America would pay around $21 billion for LaSalle.
LaSalle would fill in one of the last remaining gaps in national coverage for the second-largest U.S. bank. LaSalle could boost Bank of America's share of the market around Chicago from about 2 percent to over 16 percent, according to analysts.
Read more at Reuters.com Bonds News
LaSalle would fill in one of the last remaining gaps in national coverage for the second-largest U.S. bank. LaSalle could boost Bank of America's share of the market around Chicago from about 2 percent to over 16 percent, according to analysts.
Read more at Reuters.com Bonds News
China's Copper Imports More Than Double in March as Building Demand Gains
(Bloomberg) -- China, the world's biggest consumer of copper, more than doubled imports of the metal in March as the peak demand period for the construction industry began.
Imports of refined copper and alloys rose to 208,014 metric tons, 142 percent more than a year earlier, according to data issued by the Beijing-based customs office today. That's the highest since at least January 2004, according to Bloomberg data.
Read more at Bloomberg Commodities News
Imports of refined copper and alloys rose to 208,014 metric tons, 142 percent more than a year earlier, according to data issued by the Beijing-based customs office today. That's the highest since at least January 2004, according to Bloomberg data.
Read more at Bloomberg Commodities News
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