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Ids World Markets Wed 31st December 03


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Buyers tried to continue yesterday's action on open but it didn't work out. The sellers more active today, needless to say that has only reduced All Ords to flat status. Anything is a relief from that endless green. Volume light, no surprise.

 

Golds taking the day off: Lihir flat, Newcrest and Newmont -1%. Oils +0.4%.

 

Looks like Nikkers closed today. Singers just open, +0.1%.

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All Ords managed to scrape up +4.7 (+0.1%) and that was mostly on the late trades. Early close, last day of the year, move on - nothing to see here folks.... I spose Fri will be just as dreary, roll on next week...

 

Golds flat to marginally down, oils up a teensy bit.

 

Asia also catatonic, Singers, Honkers, Taiwan all +0.3% and dribbling along sideways.

 

Radio news item saying Aust Reserve Bank concerned at level of consumer credit outstanding and real estate borrowing which may lead to another interest rate increase in Feb 04.

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Yoo-hoo world markets

 

Uncle Buck

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Spoo-Hoo's-

globex.png

 

Nasty-

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Globex Flash Quotes Link

 

 

euroland

 

Jo-burg Miners Here

 

After Hours-USA

 

Island

 

AM Market Call By CNNMoney

 

From Bloomberg 0130 AM Stool HQ Time

 

Asian Stocks Rise as Singapore, Hong Kong Mark First Yearly Gain in Four

Asian stocks climbed, with indexes in Hong Kong and Singapore having their first annual rallies in four years. HSBC Holdings Plc and United Overseas Bank Ltd. led gains on optimism global growth will fuel earnings in 2004.

 

Parmalat Founder Tanzi Told Incoming CEO Bondi to `Check Out Everything'

 

Dollar Falls to Record, Heads for Worst Year Against Euro on U.S. Rates Bloomberg

 

Wishing a happy and PROSPEROUS New Year to all Stoolies!

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Nothing much happening in U-rope.

AEX,CAC and FTSE open and just hovering round the zero line here.

 

RD Shell is the only one doing anything here,still going up!Damn,sold a few calls I had on that yesterday as they had doubled in price--shoulda waited! But the indicators were already in nosebleedland--and as they were Jan04 calls take the money before time deprives me of it!

 

Talking of time--want to wish Aussie,Alceringa and all other Stoolies a healthy and wealthy 2004 and as the Scots say "Lang may your Lum reek".

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Happy New Year to all Stoolies around the world. To moderators Aussie and Al, well, the Stool wouldn't be stool without you. To you, to brownie and all the other regular contributors to World Markets Stool, many many tanks!

 

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