China’s Shanghai Composite Index Rises Most Since 2012

China’s Shanghai Composite Index Rises Most Since 2012

Trading volume in Chinese stock markets rose to a record on Wednesday. The Shanghai Composite Index climbed to 3.6 percent this week and 31.4 percent this year. The 0.06 percent rise in the market on Wednesday marked the 9th gain in 10 sessions. The value of shares traded increased to 529.4 billion yuan ($86.1 billion). […]

Apple Stock Dips By 6 Percent, Leaves Traders Surprised

Apple Stock Dips By 6 Percent, Leaves Traders Surprised

Apple Inc stock suffered the largest price drop in three months after trading started on Monday. The most valuable brand in the world saw 6 percent taken off the company’s $700 billion market cap on an unusual volume spike, before it recovered enough to cut the loss by half. The sudden dip is still being […]

Facebook Flop: Stakes Were High On The First Day Of Trading

Facebook Flop: Stakes Were High On The First Day Of Trading

Mutual fund companies, major stock exchanges, and brokerage firms were geared up for Facebook to go public on May 17, and with all the extensive publicity all were hoping things would go smoothly. But the big bang in shares, didn’t happen. Buyers didn’t race to the market to snatch up the social network’s shares. Forcing […]