Dublin
Strong Anglo performance helps other financials
Iseq: 6,462.92 (+72.93) Settlement date: May 12th A STRONG performance from Anglo Irish Bank helped push the Iseq into positive territory yesterday, with the market eventually closing around 1 per cent - or 73 points - ahead at 6,463 points. p
London
Mining group soars to record high on rumours of bid from rival
LONDON REPORT: FTSE 100: 6,270.80 (+ 9.80) Mid-250: 10,549.80 (+ 101.20) Small Cap: 3,239.00 (+ 22.40). KAZAKHMYS STORMED to the top of the FTSE 100 leaderboard and closed at a record high as rumours swirled of an imminent bid approach from rival Kazakh miner Eurasian Natural Resources Corporation (ENRC). p
Shares rise on surge in commodity prices
US REPORT: Dow Jones: 12,866.78 (+ 52.43) S&P 500: 1,397.68 (+ 5.11) Nasdaq: 2,451.24 (+ 12.72). US STOCKS rose yesterday as a surge in global commodity prices propelled mining and energy shares higher, while technology shares gained after a top strategist said they were good value. p
Europe
UBS leads the way in banking sell-off
EUROPE REPORT: Eurostoxx 50: 3,855.86 (- 15.92) Frankfurt DAX: 7,071.90 (- 4.35) Paris CAC: 5,055.58 (- 19.73). EUROPEAN BANKING stocks had a tough session yesterday after the US financial regulator said it was scrutinising the liquidity of investment banks. p
Mixed fortunes for Asia-Pacific equities
Nikkei: 14,102.48 (+53.22) Hang Seng: 25,610.21 (-651.92) ASIA-PACIFIC equities were mixed yesterday, with Japan among the few major markets showing upward momentum, lifted by Wall Street's gains overnight and exporters riding a softening of the yen. p
