U.S. Europe
Dow 8,419 -100.28
Nasdaq 1,522 -10.81
S&P 500 863 -8.47
Global Dow 1,474 -4.68
Oil $39.04 0.08
Gold $838.10 -9.10
Frankfurt 4,629 - 9.64
Global DowEU 994 -4.32
Europe
London 4,25 66.82
Paris 3,128 -22.95
Paris 3,128 -22.95
Asia
Tokyo 8,517 -206.68
Hong Kong 14,184 - 36.65
Sydney 3,515 46.80
Global Dow 1,474 -4.40
In Tokyo, the Nikkei 225 Average dropped 2.6% to 8,501.47 in the afternoon, while the broader Topix index fell 2.7% to 825.42.Hong Kong's Hang Seng Index ended the shortened trading session down 0.3% at 14,184.14, China's Shanghai Composite Index dropped 1.2% to 1,874.49.Singapore's Straits Times Index rose 0.9% to 1,740.80.Hong Kong and Singaporean markets were open only for a half-day session Wednesday. Most of Asia will be closed Thursday for Christmas, with Tokyo and Shanghai markets being exceptions.South Korea's Kospi lost 1.9% to 1,122.30.India's Sensitive Index, or Sensex, dropped 0.7% to 9,624.22 in morning trading. Shares of Satyam Computer Services (SAY:satyam computer services ltd adrNews , chart , profile , moreLast: 7.35-0.91-11.02%4:01pm 12/23/2008Delayed quote dataAdd to portfolio Analyst Create alertInsider Discuss FinancialsSponsored by:SAY 7.35, -0.91, -11.0%) slumped 14.4% on reports the World Bank has banned the software developer from its corporate procurement program.Australia's S&P/ASX 200 index rose 1.4% to 3,582.20, and New Zealand's NZX 50 index added 0.2% to 2,668.06.Taiwan's Taiex slipped 0.1% to 4,400.98, while Malaysia's KLSE Composite gave up 0.4% to trade at 867.95.Regional detailToyota (TM:toyota motor corp sp adr rep2comNews , chart , profile , moreLast: 60.37-0.52-0.85%4:01pm 12/23/2008Delayed quote dataAdd to portfolio Analyst Create alertInsider Discuss FinancialsSponsored by:TM 60.37, -0.52, -0.8%) (JP:7203: news , chart , profile ) fell 3.8% in Tokyo after the company said Monday it expects a group operating loss of 150 billion yen ($1.7 billion) for the fiscal year ending March 31, compared to a 2.27 trillion yen profit a year earlier.The company also cut its net income projection to 50 billion yen, down 91% from its earlier estimate, in addition to lowering its unit-sales target to 7.54 million vehicles from 8.24 million units. See full story on Toyota outlook.Separately, the company Wednesday said its domestic production dropped for a fourth straight month in November, by 27.2% from the year earlier period to 288,138 vehicles.Shares of Bridgestone (BRDCY:bridgestone corp adrNews , chart , profile , moreLast: 26.15-0.50-1.88%3:12pm 12/23/2008Delayed quote dataAdd to portfolio Analyst Create alertInsider Discuss FinancialsSponsored by:BRDCY 26.15, -0.50, -1.9%) (JP:5108: news , chart , profile ) tumbled 4% after the tire maker cut its net income forecast for 2008 to 12 billion yen from 66 billion yen on dropping sales, a strong yen and a write-down of some U.S. assets.In Seoul, Hyundai Motor Co. (HYMLF:HYMLFNews , chart , profile , moreLast: Delayed quote dataAdd to portfolio Analyst Create alertInsider Discuss FinancialsSponsored by:HYMLF, , ) sank 4.4%, and Kia Motors Corp. (KIMTF:KIMTFNews , chart , profile , moreLast: Delayed quote dataAdd to portfolio Analyst Create alertInsider Discuss FinancialsSponsored by:KIMTF, , ) skidded 4.2% -- on top of their double-digit percentage declines in the previous session -- after they also cut their sales forecast earlier this week.National Australia Bank (AU:NAB: news , chart , profile ) (NABZY:National Australia Bank LimitedNews , chart , profile , moreLast: 13.24-0.01-0.08%3:59pm 12/23/2008Delayed quote dataAdd to portfolio Analyst Create alertInsider Discuss FinancialsSponsored by:NABZY 13.24, -0.01, -0.1%) shares gained 2.6% after the banking major said discussions to purchase Wizard's brand name, distribution network and prime mortgages had ended with their offer rejected.Shares of Commonwealth Bank of Australia (AU:CBA: news , chart , profile ) (CBAUF:commonwealth bank of austral shsNews , chart , profile , moreLast: 18.01+0.01+0.06%12:27pm 12/23/2008Delayed quote dataAdd to portfolio Analyst Create alertInsider Discuss FinancialsSponsored by:CBAUF 18.01, +0.01, +0.1%) overcame early losses to 0.4% in afternoon trading, after the bank said it will acquire up to A$4 billion of home loans originated by Wizard.In Hong Kong, market heavyweight China Mobile (HK:941: news , chart , profile ) (CHL:china mobile limited sponsored adrNews , chart , profile , moreLast: 48.19-1.51-3.04%4:00pm 12/23/2008Delayed quote dataAdd to portfolio Analyst Create alertInsider Discuss FinancialsSponsored by:CHL 48.19, -1.51, -3.0%) gave up 1.3% and Industrial & Commercial Bank of China (HK:1398: news , chart , profile ) lost 1.2%.Shares of HSBC Holdings (HK:5: news , chart , profile ) (HBC:HSBC Hldgs PlcNews , chart , profile , moreLast: 45.60-0.70-1.51%4:03pm 12/23/2008Delayed quote dataAdd to portfolio Analyst Create alertInsider Discuss FinancialsSponsored by:HBC 45.60, -0.70, -1.5%) finished up 0.3%, recovering from early losses and after dropping in the previous four sessions.February crude-oil futures rose 12 cents to $39.10 a barrel in electronic trading, after falling 93 cents to $38.98 a barrel on the New York Mercantile Exchange.In Asian currency trading, the U.S. dollar changed hands for 90.42 yen, compared with 90.57 yen Tuesday.Overnight on Wall Street, the Dow Jones Industrial Average ($INDU:Dow Jones Industrial AverageNews , chart , profile , moreLast: 8,419.49-100.28-1.18%4:04pm 12/24/2008Delayed quote dataAdd to portfolio Analyst Create alertInsider Discuss FinancialsSponsored by:$INDU 8,419.49, -100.28, -1.2%) fell 1.2% to 8,419.49, and the S&P 500 Index ($SPX:S&P 500 IndexNews , chart , profile , moreLast: 863.16-8.47-0.97%5:00pm 12/23/2008Delayed quote dataAdd to portfolio Analyst Create alertInsider Discuss FinancialsSponsored by:$SPX 863.16, -8.47, -1.0%) gave up 1% to 863.16, while the Nasdaq Composite ($COMPX:Nasdaq Composite IndexNews , chart , profile , moreLast: 1,521.54-10.81-0.71%5:16pm 12/23/2008Delayed quote dataAdd to portfolio Analyst Create alertInsider Discuss FinancialsSponsored by:$COMPX 1,521.54, -10.81, -0.7%) shed 0.7% to 1,521.54
12/25/2008
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