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World Stocks were mixed Friday; Asia down, US, Europe, LA up

Fri, 18 May 2007 21:42:23 GMT

ADRs rose 0.99 pct Friday in up US markets. US markets rose today on Mergers and Acquisitions and strong Consumer Confidence figures.

AQuantive Inc, a strategic online advertising company, spiked 78 pct on news Microsoft was buying the company at a large premium. This is Microsoft's attempt to keep up with Google's very successful internet advertising program. In other acquisition news, GE is selling its plastics division to Saudi Basic Industries Corp.

Economic News: US Consumer Confidence in May rose unexpectedly. This increase was due to a strong jobs market and the strong stock market.

Retailer stocks jumped 1.7 pct

Bonds dropped on the strong consumer confidence data. The Japanese yen rose on the increase in Chinese interest rates, and the widening of the band within which the Chinese yuan can trade. Gold rose as the dollar continuous futures contract fell 0.15 pct. Oil futures rose 44 cents, to $65.30 per barrel.

Exxon, Yahoo, and Lowes led the S&P 500 up, as it approaches a record high.

For the day, the Dow industrials rose 0.59 percent, the S&P 500 rose 0.66 percent, and the Nasdaq Composite Index rose 0.75 percent. The Russell 2000 index rose 0.95 pct. Advancing issues outnumbered losing issues 8 to 7 on the NYSE. For the week, the S&P 500 has rose 1.1 pct, the Dow industrials rose 1.7 pct, and the Nasdaq has fell 0.1 pct. (updated 5/18) For more, including week and month summaries, see World Page.

World Stock Markets Today Friday - 5/18

Fri, 18 May 2007 21:59:27 GMT

World Stock Markets were mixed Friday. Asia was mostly down on China tightening policy and on comments by Li Ka-Sheng that China stocks were in a bubble and will be heading down. India was up slightly, supported again by strong increases in bank stocks. Europe was all up on a flurry of takeover speculation. Latin America was all up. Brazil turned down on the China news and later turned up with Mexico and Argentina. The bounce in commodities and the rise in Europe and the US helped give them a boost (updated 5/18)

Hong Kong's Hang Seng stock index is down 0.43 pct. China's Shanghai Composite Index is down 0.45 pct, India's Sensex stock index is up 0.03 pct, and Japan's Nikkei stock index is down 0.57. Brazil's Bovespa stock index is up 0.86 pct. Mexico's IPC index is up 0.65 pct, Argentina's Merval stock index is up 0.68 pct, and the UK's FTSE index is up 0.94 pct. Germany's DAX stock index is up 1.44 pct. France's Cac-40 is up 1.23 pct.

World Markets at close Friday - 5/18

Country Stock Index	Pct Chnge today	Pct Chnge Year to date
Hang Seng Index	-0.43%	4.71%
Shanghai Composite	-0.45%	50.64%
Sensex Stock Index	0.03%	3.75%
Nikkei Stock Index	-0.57%	1.01%
Bovespa Stock Index	0.86%	17.19%
IPC Stock Index	0.65%	15.99%
Merval Stock Index	0.68%	4.59%
FTSE Stock Index	0.94%	6.75%
DAX Stock Index	1.44%	15.32%
CAC 40 Stock Index	1.23%	10.09%
US S&P 500 index	0.66%	7.36%

ADR Performance Today Friday - 5/18

Fri, 18 May 2007 21:58:54 GMT

ADRs rose 0.99 pct Friday. Regional and most individual country ADR indexes rose. China ADRs fell 0.11 pct on tightening interest rates and statement by Li Ka-Sheng that Chinese stocks were overvalued. China announced three policy moves. It raised its benchmark interest rates; it raised the bank required reserve ratio, and it broadened the trading range allowed on the yuan. Huaneng Power's ADR, popular in international mutual funds, led to the downside, dropping 2.79 pct. Mexico ADRs led to the upside, jumping 2.15 pct. Telefonos de Mexico's ADR led with a 3.44 pct jump. Germany ADRs jumped 1.89 pct, led by a 4.35 pct jump in Siemens ADR and a 3.45 pct jump in Bayer's ADR. France ADRs jumped 1.84 pct, led by a more than 2 pct jump in Total and Sanofi-Aventis. (updated 5/18)

Asia stocks (ADRs) are up 0.99 pct. China ADRs up 1.84 pct, India up 1.89 pct, and Japan up 1.1. Latin America stocks (ADRs) are up 1.26 pct. Brazil ADRs up 1.11 pct, Mexico up 2.15 pct, and Argentina up 0.94 pct. Europe stocks (ADRs) are up 1.3 pct. UK ADRs up 0.17 pct, Germany down 0.01 pct, and France down 0.11 pct.

ADRs at close Friday - 5/18

ADR Index	Pct Chnge today	Pct Chnge Year to date
Composite ADR index	0.99%	8.42%
Europe ADR index	1.26%	9.58%
LA ADR index	1.3%	20.77%
Asia ADR index	0.04%	2.12%
French ADR Index	1.84%	7.90%
German ADR Index	1.89%	15.73%
UK ADR Index	1.1%	8.16%
Argentina ADR Index	1.11%	1.39%
Mexico ADR Index	2.15%	20.09%
Brazil ADR Index	0.94%	23.00%
Japan ADR Index	0.17%	-3.55%
India ADR Index	-0.01%	0.08%
China ADR Index	-0.11%	4.66%

This was an up but volatile week

Fri, 18 May 2007 05:16:23 GMT

The BNY Composite ADR index rose 0.99 pct this week and the US S&P 500 rose 0.95 pct, underperforming the Composite ADR. This up, but volatile week was driven by mergers and acquisitions. Friday was hit by a three-component move in Chinese domestic policy. They raised their benchmark interest rates, raised bank required reserve ratios, and widened the trading band of the yuan. Earlier in the week, Li Ka-Sheng, the richest man in Asia, commented that China stock prices were too high, surely in a bubble, and would be going down.

For the week, Regional ADR indexes were mixed. Latin America and Europe rose 4.37 pct and 1.23 pct, respectively. On the downside, Asia ADRs fell 0.77 pct.

All individual country ADR indexes were up for the week, except Japan. Brazil, Mexico, and Argentina ADRs rose 4.92 pct, 4.67 pct, and 3.59 pct, respectively. India and China rose 2.29 pct and 0.80 pct. However, Japan ADRs fell 1.22 pct. German, the UK, and France rose 1.93 pct, 1.12 pct, and 0.84 pct. (updated 05/18/2007)

US Markets Today Friday - 5/18

Fri, 18 May 2007 21:45:21 GMT

U.S. Stocks Advance on Rising Consumer Confidence, Acquisitions

Europe Markets Today Friday - 5/18

Fri, 18 May 2007 21:43:31 GMT

European Stocks Climb, Paced by Cairn Energy, Cadbury, Legrandl

Asia Markets Today Friday - 5/18

Fri, 18 May 2007 13:18:34 GMT

Asian Stocks Fall to a Two-Week Low; BHP, Nippon Steel Slidet

March was a record breaking month, on the upside - 4/30

Tue, 1 May 2007 05:16:36 GMT

ADRs for the month of April were mixed. The Composite ADR index rose 3.92 pct. The S&P 500 rose 4.33 pct, falling above the ADR composite index. The Regional ADR indexes were mixed. The ADR index for Asia, the only regional index which fell, was down 0.28 pct for the month. This index was positive until the very last day of April, then fell into the red in the final hour of trade for the month. Latin America and Europe rose 5.62 pct and 5.18 pct, respectively.

ADR indexes for our nine core Individual Countries were all up, except for Japan. Eight of our nine core countries rose for the month. German, France, and UK ADRs rose 8.47 pct, 5.72 pct, and 3.73 pct, respectively. India and China rose 7.59 pct and 1.65 pct. On the downside, Japan fell 2.86 pct. Brazil, Argentina, and Mexico rose 6.40 pct, 2.52 pct, and 3.55 pct, respectively. (updated 04/30/2007)

ADRs for 2006 were solidly up. Argentina jumped a whopping 82.6 pct; China ADRs, leaped 73.6 pct for the year. (updated 12/29).

Wed, 4 Apr 2007 05:17:17 GMT

The Year 2006 was a good year for ADRs. The Composite ADR Index (from BNY) rose a solid 24.21 pct. The US S&P 500 Index rose only 13.62 pct. All Regional ADR indexes also rose, and by more than the S&P. Latin America was the clear winner, rising by 37.38 pct in 2006. Europe and Asia rose 25.38 pct and 19.62 pct, respectively. Individual Country ADR indexes had an amazing year. Argentina, the winner in both 2005 and 2006, leaped a whopping 82.58 pct. China came in a close second, leaping 73.60 pct. Brazil, Mexico, and India, falling in a tight group, rose 38.06 pct, 35.43 pct, and 35.29 pct, respectively. Germany, France, and the UK rose 27.22 pct, 25.23 pct, and 21.09 pct. Japan ADRs were the poorest performer, rising only 11.94 pct, less than the S&P. (updated 12/29)