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Overnight Market News – June 2, 2009

 
  • Abu Dhabi Reaps GBP 1.5B Profit After Sale of 11% Stake in Barclays Plc
  • General Motors Corp Will Likely Sell Key Assets by Next Month as it Hopes for Speedy Exit from Bankruptcy Protection
  • Goldman Sachs Group Inc Receives USD 1.91B from Industrial & Commercial Bank of China Ltd Stock Sale, on Track to Repay TARP Funds
  • Europe’s Unemployment Rate Jumps to 9.2% in April from 8.9% in March, Highest in 10 Years
  • Switzerland Enters Recession After First Quarter Gross Domestic Product Contracts by 0.8%
  • Singapore’s Neptune Orient Lines Plans USD 972mm Rights Issue to Repay Debt
  • Crude Oil Stands at USD 68.58 per Barrel
  • Ethanol Stands at USD 1.86 per Gallon
  • Natural Gas Stands at USD 4.25 per British Thermal Unit (Btu)
  • Dow Jones Industrial Averages Rises 221.11 Points (2.60%)
  • London FTSE Index Falls 58.27 Points (-1.29%)
  • Japan Nikkei Index Rises 26.56 Points (0.27%)
  • Hong Kong Hang Seng Index Falls 499.51 Points (-2.64%)
  • Brazil Bovespa Index Rises 1,288.56 Points (2.42%)
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