Energy stocks increase

Note: This section contains information in English only.
Source: Marketwatch
© Scanpix/AFP

Energy stocks have followed the trend of mainly growing stock prices on more optimistic outlook on the Eurozone developments. The NYSe Arca Oil Index increased by 3.7%, the NYSe Arca Natural Gas Index gained 3.5%. Top performers among energy companies were Alpha Natural Resources Inc. gaining 8% and Peabody Energy Corp. adding 5.6%.

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Mon, 28 Nov 2011 16:47:07 GMT

Sales of new US homes rise less than expected

Sales of new US homes edged up 1.3% in the previous month to an annual rate of 307,000, according to the government report. Experts expected sales to reach an annual rate of 320,000 on a seasonally adjusted basis. The sales gained 8.9% as compared to the previous year but the market remains in the worst condition in modern times.

Mon, 28 Nov 2011 15:19:12 GMT

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