Wheat futures climb

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Source: Forexpros
© Scanpix/RS

Wheat futures increased after testing four-month low as Italy had quite strong demand at bond auction even despite rising bond yields. On the Chicago Mercantile Exchange, wheat futures for March delivery approached USD 5.9788 a bushel at the early European trade, increasing by 0.89%.

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Tue, 29 Nov 2011 15:39:21 GMT

FTSE 100 stays on positive trend

FTSE 100 index closed higher on Monday gaining 2.9 points or 148.11 points to 5,312.76, reflecting investor optimism towards European officials' ability to solve debt crisis. On Tuesday, however, FTSE 100 index opened slightly lower mirroring worries as S&P rating agency threatened to downgrade French AAA rating. During the day index regained 0.2% to 5,325.03, led by mining and financial companies. Randgold Resources Ltd. added

Tue, 29 Nov 2011 14:27:40 GMT

Nasdaq Composite Index: best gain since August

On Monday trading session Nasdaq Composite Index closed at 2,527.34, 85.83 or 3.5% up. Index experienced the biggest percentage advance since August 23 as most of its stocks surged. First Solar and Amazon.Com were among the main gainers each gaining 10.52% and 6.44% respectively. First Solar recently announced that it will become the main supplier of German solar hybrid company. 

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