Stock Market Today – Research In Motion (RIMM) China Unicom (CHU) Suncor (SU) Report

su and rimm logos

(Best Syndication News) Stock markets in Europe are opening higher Tuesday morning after similar results on Monday (see stock charts below). There was very little enthusiasm on Wall Street ahead of the Federal Reserve’s Federal Open Market Committee Meeting on Tuesday.

The positive movement in equities is occurring despite an announcement this weekend that a China trade surplus has turned into a trade deficit. The Bank of Japan (BOJ) held their interest rates unchanged at a monetary policy meeting on Tuesday.

Higher oil prices could ruin the party though. Light sweet crude oil has been moving higher over the last month; however April futures on the COMEX fell $1.06 to $106.34 a barrel.

Large-Cap Losers

Only 74 of the 160 constituents in our large-cap index were higher Monday (see the large cap index chart below). Research In Motion Limited (USA) (NASDAQ:RIMM) was the biggest laggard, slipping more than three percent during Monday’s session.

Negative press last week and a cut in the price target didn’t help RIMM Monday. The volume of trading was below average.

China Unicom (Hong Kong) Limited (ADR) (NYSE:CHU) slipped nearly as much as RIMM. The stock advanced more than three percent on Wednesday and two percent on Thursday before declining Friday and Monday.

CHU and competitor China Telecom Corporation Limited (ADR) (NYSE:CHA) have been lagging the past two days. Last Friday CHA initiated their sales launch of the Apple (AAPL) iPhone.

CHU gained three cents in the after-hours. There was a wide range between the bid and ask price.

An earnings miss last week and low natural gas prices put downward pressure on the Canadian Natural Resource Ltd (USA) (NYSE:CNQ) share price. Natural gas futures on the New York Mercantile Exchange (NYMEX) fell more than two percent on Monday.

Suncor Energy Inc. (USA) (NYSE:SU) slipped nearly three percent during Monday’s session. The energy company pulled back Friday and Monday after two days of strong advances.

The share price of SU gained four cents in the after-hours to $33.54.

By: Tom Madison
Business Reporter

World Market Index Chart:

Monday World Stock Indexes 1 Day 1 Day 1 Week 30-Day 100-Day
3/12/2012 N. & S. AMERICA Pt Change % Change % Change % Change % Change
12,959.71 Dow Jones Industrial 37.69 0.29% -0.02% 2.59% 10.70%
1,371.09 S&P 500 0.22 0.02% 0.50% 4.47% 11.56%
2,983.66 NASDAQ Composite -4.68 -0.16% 1.12% 6.04% 13.09%
12,428.01 S&P TSX Canada -75.61 -0.60% -0.77% -0.19% 2.63%
66,384.76 Brazil Bovespa Stock -319.20 -0.48% -0.87% 5.25% 17.94%
37,590.17 IPC MXX - Mexico -100.84 -0.27% -1.48% 0.45% 6.52%
2,642.21 MerVal Buenos Aires -22.99 -0.86% -1.80% -5.20% -7.31%
814.29 Russell 2000 Sm-Cap -2.71 -0.33% 1.32% 2.71% 14.10%
813.29 Russell 3000 98% Mkt -0.50 -0.06% 0.56% 4.37% 12.05%
EUROPE
5,892.75 FTSE 100 England 5.26 0.09% 0.31% 3.72% 6.65%
3,490.06 CAC 40 France 2.58 0.07% 0.07% 5.81% 9.95%
6,901.35 DAX Germany 21.14 0.31% 0.51% 6.85% 14.13%
733.89 Athens Greece Comp. -18.46 -2.45% -0.11% -7.71% -2.93%
824.27 IGBM Madrid Spain -11.14 -1.33% -3.24% -3.61% -7.64%
6,189.86 SSMI - Swiss Market 1.35 0.02% 0.58% 3.67% 8.43%
17,477.16 FTSE Italia All (Italy) -2.54 -0.01% -1.62% 4.19% 3.57%
ASIA & PACIFIC
2,434.55 Shanghai China -4.94 -0.20% -0.46% 6.20% 1.06%
9,889.86 Nikkei 225 Japan -39.88 -0.40% 1.97% 12.35% 12.87%
21,134.18 Hang Seng Hong Kong 48.18 0.23% -0.62% 3.65% 11.42%
7,927.55 TSEC Taiwan Exchange -88.46 -1.10% -0.96% 5.46% 5.82%
4,196.70 S&P ASX 200 Australia -15.30 -0.36% -1.03% -1.55% -0.74%
17,587.67 BSE Sensex Bombay 84.43 0.48% 1.29% 2.29% 1.93%
5,359.55 CNX NIFTY NSE India 26.00 0.49% 1.50% 3.08% 3.24%
2,002.50 Korea Com KOSPI -15.80 -0.78% -0.67% 2.39% 6.03%
2962.18 STI Singapore -0.97 -0.03% -0.99% 1.91% 6.94%

Large-Cap Index Chart:


Monday Large Cap Index One Day One Day Five Day 30-Day 100-Day
3/12/2012 Name Change Change Change Change Change
13.11 Research In Motion Ltd... -0.47 -3.46% -0.08% -22.97% -43.52% 1
17.73 China Unicom (Hong... -0.61 -3.33% 1.66% -2.74% -10.45% 2
34.64 Canadian Natural... -1.13 -3.16% -1.76% -12.90% 6.78% 3
33.5 Suncor Energy Inc. (USA) -1.03 -2.98% 0.48% -2.13% 11.15% 4
22.48 Vale (ADR) -0.59 -2.56% -3.77% -9.25% -5.11% 5
74.02 Schlumberger Limited. -1.82 -2.40% 0.31% -2.95% 5.88% 6
98.44 Occidental Petroleum... -2.26 -2.24% -2.56% -1.18% 15.84% 7
43.11 Potash Corp./Saskatc -0.91 -2.07% -0.39% -8.76% -13.19% 8
45.39 Imperial Oil Limited... -0.93 -2.01% -0.13% -2.70% 11.33% 9
45.2 Canon Inc. (ADR) -0.92 -1.99% 0.78% 3.43% 0.49% 10
55.75 Newmont Mining Corp -1.13 -1.99% -2.48% -8.93% -14.89% 11
               
               
29.07 Thomson Reuters Corp... 0.35 1.22% 2.50% 4.91% 3.78% 150
56.03 China Mobile Ltd. (ADR) 0.68 1.23% 8.00% 11.48% 14.75% 151
63.94 PepsiCo, Inc. 0.79 1.25% 2.67% -2.25% 2.45% 152
552 Apple Inc. 6.83 1.25% 4.10% 21.85% 30.73% 153
30.46 Carnival plc (ADR) 0.38 1.26% 5.07% 1.50% -12.62% 154
33.87 Unilever N.V. (ADR) 0.43 1.29% 3.77% 1.16% 0.56% 155
38.1 Merck & Co., Inc. 0.50 1.33% 1.76% -2.03% 16.19% 156
9.9 Telefonaktiebolaget LM. 0.13 1.33% 7.38% 8.43% -4.81% 157
85.55 Exxon Mobil Corporation 1.25 1.48% -0.36% 0.07% 8.44% 158
47 Deutsche Bank AG 0.81 1.75% 7.85% 10.23% 23.98% 159
47.46 Eni S.p.A. (ADR) 0.89 1.91% 5.00% 6.99% 9.66% 160

Click here for Forex Currency Exchange Rates Today

Click here for Commodity Prices Today

Click here for Stock Market Today

Report Error

Share/Save/Bookmark

      

Post to Facebook

Important: The material on Best Syndication is for informational purposes only and is not meant to be advice. Authors may have or will receive monetary compensation from the company's product/s mentioned. You should always seek professional advice before making any legal, financial or medical decisions and this website cannot substitute or replace any trained professional consultation.
Use of this site means that you agree to our TERMS OF SERVICE

Advertise On This Site
Copyright © 2006-2015 By Best Syndication All Rights Reserved