* U.S. efforts to spur economy boost optimism * Home builders’ stocks up after mortgage data, Fed move
Archive for December, 2008
(Repeats to clarify in lead that 14 percent rise was duringWednesday trade, not for 2008 as a whole. No other changes totext) * Oil falls 54 pct for the year
* Dollar posts first yearly gain versus basket since 2005 * Yen a standout in 2008, dollar/yen falls most since 1987
* FTSEurofirst 300 up 1.1 pct, but down 45 pct in 2008 * France’s CAC index falls 43 pct in ’08
* FTSE 100 registers largest annual drop in history * Drugmakers, banks lead index higher on New Year’s Eve
Posted on December 31st, 2008 in australian, cent, melbourne, micro cap, penney, penni, penny shares, pennyhopefuls, perth, queensland, Random, small, stock market, sydney
(All UK financial markets are closed on Thursday for the NewYear holiday, and will reopen on Friday, Jan. 2. FX coveragefrom London will end around midday on Wednesday, and resume onFriday.) * Euro steady vs dlr; set for first yearly drop since 2005
* FTSEurofirst 300 rises 1.7 percent * Defensive stocks support, oils up
* Gold dips in year-end profit taking * Gold may test $1,000 again on geopolitical tension,dollar
(Adds comment and detail) By Simone Giuliani
Posted on December 30th, 2008 in australian, cent, melbourne, micro cap, penney, penni, penny shares, pennyhopefuls, perth, queensland, Random, small, stock market, sydney
