Stock Slightly Down Before NFP Data
September 5, 2014 10:30 amVideo
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September 5, 2014 – Stock Market News
Stocks in Asia traded mixed on Friday. 138 members of Japanese Nikkei index declined as negative mood on the market appeared after Aso claimed that more stimulus might be added. Part of the decline was also crated by profit taking after previous increase. The biggest decliners were real-estate companies which declined more than 2%. The Chinese stocks added 0.95% measured by Shanghai SSE. Part of the movement up was contributed by Nigbo Port Co which rose by more than 10%. The shares rallied on the speculation about free trade zone .
Yesterday, the stocks in Europe moved up as Mario Draghi introduced new interest rate for the market and cut them to 0.05% – fresh historical low. However, positive sentiment did not remain long and today we can see that the stocks are declining. The stocks are pulled down by energy and mine stocks. Rio Tinto is losing 1.26% in time of writing and BHP Billiton -1.13%.
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