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Dow and S&P 500 slip while Nasdaq up

30 October 2008 09:37 (UTC +04:00)

Baku. Vahab Rzayev - APA-Economics. The Dow Jones industrial average closed down 0.82 percent at 8990.96. The Standard & Poorâ€™s 500 Index slipped 1.11 percent to 930.09, although the Nasdaq Composite Index rose 0.47 percent to 1657.21.
European shares mostly advanced on Wednesday as investors anticipated futher interest rate cuts in the US and Europe. Fears of a recession were put to the side as investors sought bargains, particularly in the financial sector.
The FTSE 100 jumped 316.16 or 8.05 per cent at 4,242.54. The index was up 9.3 per cent for the week, but still down 13 per cent for the month.
Franceâ€™s CAC 40 gained 287.65 or 9.23 per cent to 3,402.57, while Germanyâ€™s DAX slipped 14.76 or 0.31 per cent to 4,808.69.
Japanese stocks surged yesterday, adding 7.7 per cent. Exporters were the leaders as a weaker yen and anticipation of a rate cut from the US and the Bank of Japan helped boost stocks.
The Nikkei 225 added 589.98 points or 7.74 per cent to finish at 8,211.90.
Strong rebounds in global stock markets after the US Federal Reserve slashed its key interest rate by another 0.5 percentage points to 1.0 per cent boosted oil prices, analysts said.
The Fedâ€™s expected action came after China also chopped its benchmark one-year deposit rate by 27 basis points to 3.60 per cent in a bid to spur economic growth, and expectations rose for rate cuts in Japan and Europe.
Brent North Sea crude for December climbed US$2.03 to US$67.50 a barrel. It had soared US$5.18 to US$65.47 in London.

OktyabrÄ±n 29-da Amerika bazarlarÄ±nda Dow Jones indeksi 0,82% - 8990,96 bÉ™ndÉ™dÉ™k, S&P 500 1,11% - 930,09 bÉ™ndÉ™dÉ™k enib, Nasdaq isÉ™ 0,47% - 1657,21 bÉ™ndÉ™dÉ™k yÃ¼ksÉ™lib.
Â«APA-EconomicsÂ»in mÉ™lumatÄ±na gÃ¶rÉ™, oktyabrÄ±n 29-da kotirovkalarÄ±n yÃ¼ksÉ™lmÉ™sinin É™sas sÉ™bÉ™bi Federal Ehtiyat Sistemi tÉ™rÉ™findÉ™n oktyabrÄ±n 29-da uÃ§ot dÉ™rÉ™cÉ™sinin yenidÉ™n azaldaraq 1%-É™ Ã§atdÄ±rÄ±lmasÄ± ilÉ™ baÄŸlÄ±dÄ±r.
Avropa fond birjalarÄ±nda Britaniya FTSE 100 indeksi 8,05% - 4242,54 bÉ™ndÉ™dÉ™k, Fransa CAC-40-Ä± 9,23% - 3402,57 bÉ™ndÉ™dÉ™k yÃ¼ksÉ™lib, Almaniya DAX-Ä± isÉ™ 0,31% - 4808,69 bÉ™ndÉ™dÉ™k enib. Qeyd edÉ™k ki, oktyabrÄ±n 28-dÉ™ ABÅž-da fond indekslÉ™rinin 9-10% artmasÄ± nÃ¶vbÉ™ti gÃ¼n Avropada kotirovkalarÄ±n yÃ¼ksÉ™lmÉ™sinÉ™ mÃ¼sbÉ™t tÉ™sir gÃ¶stÉ™rib. NÉ™ticÉ™dÉ™, BritaniyanÄ±n Â«HBOS Plc.Â» bankÄ±nÄ±n sÉ™hmlÉ™ri 28,2%, Ä°svecrÉ™ UBS-nin 15,8%, Â«Royal Bank of ScotlandÂ»Ä±n 12,7%, Â«Deutsche BankÂ»Ä±n 4,8% bahalaÅŸÄ±b. Bundan É™lavÉ™, BP-nin sÉ™hmlÉ™ri 9,6%, Â«Royal Dutch ShellÂ»in 12%, Â«TotalÂ»in sÉ™hmlÉ™ri isÉ™ 13,6% bahalaÅŸÄ±b.
DÃ¼nya bazarÄ±nda avronun dollara qarÅŸÄ± mÉ™zÉ™nnÉ™si 1,3149 dollar tÉ™ÅŸkil edib (+6,5%).