11 Sept, Thursday U.S mkt : U.S stocks ended higher as Apple - TopicsExpress



          

11 Sept, Thursday U.S mkt : U.S stocks ended higher as Apple share rebound after several broking house raise their target price on iphone market. Several companies that deal in wireless and cashless payment also rose on Wednesday after Apple announce the Apple Pay mobile payment service. European mkt : European Stocks ended mixed with Dax closed lower and FTSE100 closed slightly higher. Uncertainty ahead of the Scottish independence vote and concerns about U.S Fed might increase interest rate sooner than expected kept investors on edge. Gold : Gold prices rose on bargain hunting as indian festival season Diwali approaches soon. Crude oil : Crude prices fell to eight mths low after data showed that U.S stockspiles fell less than expected last wk. KLCI : Mkt closed 3.27points lower in lackluster trading as investors were awaiting clues on interest rate increase fr U.S Fed at FOMC meeting in the 3rd wk of this mth. Todays economic event : - Chinas CPI y/y - U.S unemployment DJIA : 17,068.71 (+54.84) Dax : 9700.17 (-10.53) FTSE 100 : 6830.11 (+1.11) Gold : 1949.80 Crude oil : 91.68 USD/MYR : 3.20 Msia 10 yr bond yield : 4.003%
Posted on: Thu, 11 Sep 2014 00:32:35 +0000

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