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Showing posts with the label Market News 24-12-2007

Market News

Asian markets rally; Hang Seng up 406pts (Business Standard 24th Dec 2007)Asian markets are up smartly this morning.The Hang Seng has rallied 406 points to 28,033. Oil prices steady above $93 a barrel amid thin holiday trading (Live mint.com 24th Dec 2007)Oil prices were little changed on 24 December amid light trading due to holidays, and after rising more than $2 a barrel in the previous session on news of improved U.S. consumer spending. Light, sweet crude for February delivery lost 5 cents to $93.26 a barrel in electronic trading on the New York Mercantile Exchange, midmorning in Singapore.