Market Analysis
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Thursday, February 16, 2012 , by
Edward Rizzo
Introducing Mr Market
Benjamin Graham, the mentor of Warren Buffett and widely considered as the “father” of value investing, wrote a parable in his famous book “The Intelligent Investor” published in 1949 about an imaginary investor called “Mr Market” to explain the...
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Thursday, February 16, 2012
European stocks mixed on Greek bailout delay
European shares mostly rose despite a Greek bailout hanging in the balance yesterday, with supportive Chinese comments lifting sentiment. London’s benchmark FTSE 100 index ended the day down 0.13 per cent at 5,892.16 points, but in Frankfu...
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Thursday, February 16, 2012 , by
Travelex Global Business Payments Malta
Daily currency report
Europe’s debt crisis continues to dominate headlines in currency markets after China announced that it is willing to offer more support in order to maintain stability across the eurozone. The pledge helped offset another setback in attempts to sa...
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Thursday, February 16, 2012 , by
Gollcher
Shipping movements
The following vessels are due in Malta: The Thor Star from Tunis to Tunis and the CMA CGM Oran from Sfax to Sfax (both Carmelo Caruana) today. The CMA CGM Agadir from Algiers to Algiers and the Marguerite from Bosphorus to Bo...
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Thursday, February 16, 2012 , by
Vincent Micallef
The euro lives another day
Whilst some of us were glued to our TV sets last Sunday night watching “The Artist” cast trawl seven out of the 11 Bafta categories in which they were nominated, the Greek Parliament approved further austerity measures. These were in line with th...
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Thursday, February 16, 2012 , by
Rudolf Muscat
Could the euro benefit from better scenarios?
In the former part of the week the euro remained on the defensive, staying buoyed by the Greek deal over the weekend and gaining mostly against the weaker US dollar and the Japanese yen, as risk appetite remained in favour. The Greek Parliament a...
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Thursday, February 9, 2012 , by
Edward Rizzo
From a bear market to a bull market in less than 6 months
The past year has been characterised by extreme volatility across international financial markets. During the first few months of 2011, equity markets had held on well to the gains registered in 2009 and 2010. However, as the eurozone sovereign d...
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Thursday, February 9, 2012
European stocks mixed on hopes for Greek debt deal
European stocks gave up early gains to close mixed yesterday as investors grew impatient for Greece to finally seal a bailout deal with creditors and avoid a potentially disastrous default. Dealers said the markets were firmer earlier on h...
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Thursday, February 9, 2012 , by
Travelex Global Business Payments Malta
Daily currency report
The euro soared alongside risky assets on optimism Greece was preparing to vote and agree on austerity measures which would see Athens receive its next instalment of emergency aid. The prospect of the debt-loaded nation avoiding a messy default,...
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Thursday, February 9, 2012 , by
Gollcher
Shipping movements
The following vessels are due in Malta: The Nicola from Marseilles to Algiers (Carmelo Caruana) today. The Cristina Star from Valencia to Tangier Med and the Karla A from Agadir to Skikda (both Carmelo Caruana) tomorrow....
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Thursday, February 9, 2012 , by
Karl Micallef
Remain focused amidst the noise
The first weeks of 2012 have witnessed incredible strength across both equities and fixed income securities. The extent of this strength comes somewhat as a surprise to me as I wait for some kind of credible resolve on the European front. Further...
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Thursday, February 9, 2012 , by
Emman Xuereb
Euro supported by hopes over Greece
The euro held its ground against the dollar at the start of the week, clinging to hopes that Greece will finally strike a deal with the troika and secure its second round of bailout funds worth €130 billion. Despite a decision on whether t...
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Thursday, February 2, 2012 , by
Edward Rizzo
MIA expects slight decrease in passengers for 2012
During a press conference held last Friday, the newly appointed CEO of Malta International Airport plc Markus Klaushofer provided further details on the 2011 traffic results of the airport operator following the initial announcement on...
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Thursday, February 2, 2012
European stocks close sharply higher
European stock markets closed sharply higher yesterday as positive Chinese manufacturing helped to offset concerns over dragging talks on a crucial Greek debt write-down deal. Dealers said hopes especially of a soft landing for the Chinese...
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Thursday, February 2, 2012 , by
Travelex Global Business Payments Malta
Daily currency report
Sterling climbed to 2½-month highs against the US dollar as investors continue to take advantage of the US Federal Reserve’s promise to keep interest rate ultra-low for another two years at least. The pound also benefited consumer...
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Thursday, February 2, 2012 , by
Gollcher
Shipping movements
The following vessels are due in Malta: The Oued Ziz from Bejaia to Bejaia, the CMA CGM Faust from Beirut to Valencia, the Burak Bayraktar from Algiers, the CMA CGM Libra from Le Havre to Khor Fakkan and the Stadt Bremerhaven from T...
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Thursday, February 2, 2012 , by
Martin Webster
Jam today, jam tomorrow
Last week we left off noting that in 2011 the dividend payout by UK listed companies increased by 26 per cent to a record £68 billion. To my mind it is a conspicuously incongruous, and reassuring, number in the midst of all the doom and gloom. On...
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Thursday, February 2, 2012 , by
Rudolf Muscat
Euro holds on to gains, Fed sounds dovish
Last Friday Fitch did some catching up as it downgraded a number of eurozone countries after S&P’s recent mass downgrade; the downgrades were expected and did not have a major effect on the EUR/USD currency pair. Despite yet another do...
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Thursday, January 26, 2012 , by
Edward Rizzo
Tesco’s profit warning and Warren Buffett
On January 12, Tesco plc, the UK’s largest supermarket chain, announced that sales during the Christmas and New Year period in its stores around Britain dropped by 2.3 per cent. Financial analysts in the UK claim that this was...
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Thursday, January 26, 2012
European equities mixed, London close to recession
European stock markets mostly slid yesterday as investors digested news that Britain was dangerously close to recession and tracked ongoing woes over the eurozone debt crisis. London’s FTSE 100 index of leading shares dropped 0.50...
