INDICES Points +-Pt +-%
SENSEX ê 17,559.98 -438.41 -2.44
MIDCAP ê 7,238.58 -187.66 -2.53
SMLCAP ê 8,800.32 -278.43 -3.07
BSE-100 ê 9,045.14 -274.69 -2.95
BSE-200 ê 2,129.29 -64.07 -2.92
BSE-500 ê 6,807.66 -198.74 -2.84


BSE down 438 points to 17560

Shanghai down slightly.

World is mostly in red with our sweet CAND up over a cent at 1.0376

TSX down 200 ppoints . Dow taking a similar drubbing.

The guys at BSE would say 'Laal, laal g&^* me daal!'

I hear some lady traders say the same.

HK stock market drops more than 1000 points!Now at 28373!

And China falls too.

SHANGHAI, China

Chinese stocks fell to a three-week low Monday, tracking other regional markets after last Friday's decline on Wall Street.

The benchmark Shanghai Composite Index lost 150.72 points, or 2.6 percent, to 5,667.33, its lowest close since Sept. 28. The Shenzhen Composite Index of China's second, smaller bourse fell 2.8 percent to 1,452.78.

Apart from the Wall Street decline, analysts said Chinese investors worry that the government might move more aggressively to tighten credit following the conclusion of a Communist Party congress in Beijing over the weekend.

"Nobody knows what kind of measures the government will unleash after the Party Congress. The uncertainties are nerve-racking," said Tang Xiaosheng, a strategist at Guosen Securities.

Adding to the uncertainty, analysts said, was the announcement by state-owned oil and gas giant PetroChina, the listed unit of China National Petroleum Corp., that China's securities regulator had approved its IPO in Shanghai that could raise more than US$9 billion.

PetroChina, which already has shares traded in New York and Hong Kong, is due to begin trading in Shanghai on Nov. 5, the company said

http://www.businessweek.com/ap/financialnews/D8SE5UBG0.htm

View http://today.reuters.co.uk/investing/marketindices.aspx to see the world in red

But aha, we have BSE as the knight in shining armour today! Up 54 points!

INDICES Points +-Pt +-%
SENSEX é 17,613.99 54.01 0.31
MIDCAP é 7,263.41 24.83 0.34
SMLCAP é 8,851.47 51.15 0.58
BSE-100 é 9,077.18 32.04 0.35
BSE-200 é 2,136.51 7.22 0.34
BSE-500 é 6,831.70 24.04 0.35

Dow and TSX trading down. Loonie looses its shine today tumbling against USD.

Yesterday HK pluned 1091 points. Today it practically recovered all its looses by jumping 1003 points to 29376.86

China whipsaws! Down all the way and then up!

SHANGHAI, Oct 23 (Reuters) - China's stock market broke a four-day losing streak on Tuesday, rebounding towards the close after the main index found technical support and Chinese shares listed in Hong Kong surged.

But turnover remained low and analysts said that given concern about tightening liquidity and monetary policy, as well as high valuations after the market's surge this year, it was not clear that a strong uptrend was resuming.

The Shanghai Composite Index (.SSEC: Quote, Profile, Research), which dropped as low as 5,574.840 points during the day, closed up 1.87 percent at 5,773.387, less than three points off its intra-day high.

Over the four trading days through Monday, the index had dropped 6.97 percent, its biggest four-day fall since late June. It remains up 116 percent since the start of this year.

Gaining Shanghai stocks only narrowly outnumbered losers by 465 to 380 on Tuesday. Turnover in Shanghai A shares rose slightly but remained low at 100.2 billion yuan ($13.4 billion) against Monday's 93.9 billion, which was this month's lowest.

http://uk.reuters.com/article/oilRpt/idUKSHA3384420071023

BSE up 878 points! Will it reach 20000 by Diwali?

INDICES Points +-Pt +-%
SENSEX é 18,492.84 878.85 4.99
MIDCAP é 7,556.24 292.83 4.03
SMLCAP é 9,135.72 284.25 3.21
BSE-100 é 9,573.40 496.22 5.47
BSE-200 é 2,251.15 114.64 5.37
BSE-500 é 7,183.60 351.90 5.15


Yeah Friday Dow sneezed and drew blood from the world's markets. yesterday it regained some health and the world follows suit.

Looks like it's still the Doughty Dow!

Hk up 240 points and China down 180 points.

Singapore and S.Korea up.

Exeunt

Stocks plunge amid tightening fears
By Dong Zhixin (chinadaily.com.cn)
Updated: 2007-10-25 16:40


The country's major stock index tumbled five percent on Thursday due to panic selling as investors fear further tightening measures after the release of a series of economic figures.

The benchmark Shanghai Composite Index fell 4.80 percent to close at 5,562.39 points, while the smaller Shenzhen Composite Index dropped 5.43 percent to 1,374.12. The CSI 300 index of major companies on the two bourses plunged 4.56 percent to 5,333.31.





http://www.chinadaily.com.cn/china/2007-10/25/content_6207143.htm

HK up 520 points to 29854!

BSE up 258 points to 18770.89

INDICES Points +-Pt +-%
SENSEX é 18,770.89 257.98 1.39
MIDCAP é 7,750.93 100.24 1.31
SMLCAP é 9,367.08 124.70 1.35
BSE-100 é 9,748.94 119.08 1.24
BSE-200 é 2,295.30 28.99 1.28
BSE-500 é 7,326.87 92.36 1.28

Europe up. Dow and Nasdaq futures up. The day is looking good overall so far

CHRONOLOGY: Shanghai’s bull run slows, won’t end

SHANGHAI: China’s benchmark Shanghai Composite Stock Index has risen fivefold since the beginning of 2006 in one of the world’s biggest equity bull markets.

Despite an expanding supply of new shares and sky-high valuations, analysts think the uptrend will continue through at least the middle of next year, though at a slower pace. Here are key events in the bull run.

1990:

Dec 19: The Shanghai Stock Exchange begins operating, at a time when China was still largely a planned economy. The Shanghai Composite Index is launched at a base of 100 points; it hits its all-time low of 90.79 on that day.

1992:

May 2: The index posts its biggest single-day rise of 105 percent in response to the government’s pledge to continue the ‘experiment’ in stocks.

1993:

Feb 16: The index hits a record high of 1,558.95. It will not return to that level for more than six years, mainly because of disagreement within the Communist government over how to treat the stock market.

1996:

Dec 16: The Communist Party newspaper, the People’s Daily, runs an editorial warning against ‘excessive speculation’. A two-and-a-half-year bear market begins.

1999:

May 19: The market begins to revive as the government’s attitude becomes more benign. The index rises 68 percent from May 19 to a new record high on June 30.

June 15: The People’s Daily gives its blessing to the market, saying recent rises have brought “hope and happiness”.

2000:

Shanghai is the world’s best-performing major equity market for the year, rising over 50 percent on the back of reforms such as approvals for the creation of a large number of mutual funds.

2001:

July: A four-year bear market begins as authorities try to sell non-traded government holdings of shares in listed firms at prices unacceptable to the public.

2005:

April: The China Securities Regulatory Commission announces proposals to remove the $200 billion overhang of non-traded shares, allowing listed companies to compensate the public.

June 6: The index hits its lowest level in more than eight years, on fears reform will flood the market with new equity.

2006:

May 8: The CSRC says state share reform is proving successful and it will now push high-quality companies to float shares within China to improve corporate governance and market transparency. The index rises four percent to close above 1,500.

Oct 27: Industrial and Commercial Bank of China, the country’s biggest bank, becomes the first company to list simultaneously in Shanghai and Hong Kong. It raised a total of US$21.9 billion in the world’s largest IPO.

Dec. 14: Spurred by heavy demand for newly listed stocks, the index hits an all-time, intra-day high of 2,249.110, exceeding the previous record set five years earlier.

2007:

May 30: The Ministry of Finance announces an immediate rise in China’s stock trading tax to 0.3 percent from 0.1 percent. The index plunges as much as 21 percent by June 5.

July 26: The index hits a new intraday high of 4,371.512, boosted by stronger-than-expected earnings estimates.

Oct 16: The index hits a fresh intraday record high of 6,124.044, after breaching the 6,000 mark a day earlier.

Oct 25: The index plunges 4.80 percent, its biggest drop since early July, as the $8.9 billion Shanghai IPO of PetroChina — expected to be the world’s largest IPO this year — temporarily sucks funds from the market. reuters

http://www.dailytimes.com.pk/default.asp?page=2007%5C10%5C26%5Cstory_26-10-2007_pg5_33

Yeah man! The Hang Seng is up 400 points at 30300+!

Bonanza!

Lorne Greene, Adam, Hoss, Little Joe!(Does anyone remember that TV show?)

BSE- tera kya haal hone wala? 20000 kab torne wala, bhai?

Aur ek Ketan Parikh? Harshad Mehta?