Monday, March 2, 2009

Markets afternoon briefing

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FT.com
 All times are London time: Monday Mar 02 2009


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Stock markets tumble on new bank fears
Mar 02 2009 13:24
Global equity markets tumbled nday after a £12.5bn rights issue from HSBC and a fresh bail-out of AIG, the US insurance group, spooked investors around the world Read more »

European currencies tumble after summit
Mar 02 2009 11:29
The dollar rose on Monday, hitting a three-year trade-weighted high, but central and eastern European currencies fell sharply after hopes of a €180bn bail-out for the region were dashed Read more »

FTSE falls close to six-year lows
Mar 02 2009 12:09
London equities tumbled to near six-year lows after HSBC launched a deeply discounted rights issue and AIG confirmed plans to break itself up Read more »

Gold steadies while oil drops
Mar 02 2009 11:40
Gold consolidated around the $950 level while oil prices fell by more than $1 a barrel and base metals remained under pressure Read more »

European shares hit fresh multi-year low
Mar 02 2009 10:33
European shares slipped to their lowest level since the credit crisis began on Monday after the banking and insurance sectors were weighed down by news of HSBC 's record rights issue and AIG need for a third rescue package from the US government Read more »

Korean stocks lead Asian markets lower
Mar 02 2009 09:57
Korean stocks led the way down in a bad start to the week for Asia-Pacific equities amid concerns over the state of financial companies and poor data from the US Read more »



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