Stock Markets

Regulators clear Vienna's takeover of Slovenian stock exchange

Regulators clear Vienna's takeover of Slovenian stock exchange Vienna - The Vienna Stock Exchange won anti-trust regulators' approval to take over Slovenia's main bourse, the Austrian operator said Thursday.

Wiener Boerse agreed in June to buy an 81.01-per-cent stake in the stock exchange of the Slovenian capital, Ljubljana, beating an offer from Greek Hellenic Exchanges.

Slovenian anti-trust authorities have now cleared the deal, the Vienna exchange said in a statement.

Vietnam market hits three-month low

Vietnam market hits three-month lowHanoi  - Vietnam's stock market fell slightly Thursday as local traders sold on declines in global markets, securities experts said.

The VN-Index closed down 3.65 points, or 0.91 per cent, at 397.7, the lowest level in three months.

Market volume, however, rose to 20.6 million shares, valued at 25 million dollars, up from 14.3 million shares and 4.5 million dollars on Wednesday.

Some analysts said the volume reflected the potential for a bounce in the next few days.

Singapore stocks jump 3.4 per cent after rate cuts

Singapore stocks down by 2.3 per centSingapore - Singapore shares jumped 3.4 per cent Thursday after central banks around the globe, including four in Asia, cut interest rates in a coordinated push to curb the impact of the global financial crisis.

Traders said they were not expecting the rebound to last, pointing out that the banking crisis would not immediately go away.

The Straits Times Index rose 69.1 points to close at 2102.71 as the shares of 278 companies declined and 250 gained.

Brighter stock market in London after measures

UK FlagLondon - The London stock market rebounded in early trading Thursday, which saw the Financial Times Share Index rise by 3 per cent while banking shares were up again sharply.

The recovery was led by banks expected to tap the government for new capital pledged in a 50-billion-pound (87-billion-dollar) package Wednesday, and boosted by gains on Far Eastern markets as well as the global interest rate cuts.

Shares in Halifax Bank of Scotland (HBOS) were up nearly 30 per cent Thursday, while Royal Bank of Scotland shares rose by 16 per cent.

European stocks stage cautious recovery

European stocks stage cautious recoveryFrankfurt - European sto

Shares close higher in Seoul

Shares close higher in SeoulSeoul - Shares closed slightly higher Thursday on the Seoul stock exchange as central banks around the world, including South Korea's, cut interest rates.

The benchmark Kospi index edged up 8.2 points, or 0.6 per cent, to close at 1,294.89.

Advancing issues outnumbered losers 414 to 406.

The main index of the technology-heavy Kosdaq market declined 1.63 points to 369.84.

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