Allan Robinson
From Saturday's Globe and Mail Published on Saturday, Nov. 14, 2009 12:00AM EST Last updated on Wednesday, Nov. 18, 2009 3:43AM EST
China
Up 1%
The CSI index rose 1 per cent this week to its highest level in three months. "China's president Hu Jintao said the country would take 'vigorous' steps to boost domestic demand," according to Bloomberg News. Its stimulus efforts have been directed toward capital investments.
India
Up 4.3%
The BSE Sensex 30 index soared 4.3 per cent this week extending its biggest annual rally in 18 years, according to Bloomberg News. The index is up 74.65 per cent on a year-to-date basis. Late last week the government said it planned to sell shares of some of the 60 state-run companies including Steel Authority of India Ltd. and Oil & Natural Gas Corp., the news agency said. Both were sharply higher yesterday.
Germany
Up 3.6%
The Dax index rose 3.6 per cent this week on higher-than-expected earnings and a government report indicating that economic growth accelerated last quarter, said Bloomberg. The gain was led by Bayer AG, financial conglomerate Allianz SE, vehicle maker Man SE, retailer Metro AG, BASF, Deutsche Post, Deutsche Bank, Adidas and Deutsche Boerse.
Mexico
Up 3.8%
The Bolsa index rose 3.8 per cent this week. Among the leading stocks were the mining group Industrias Penoles SA, retailer Controladora Comercial Mexicana, chemical producer Mexichem SA, Wal-Mart de Mexico, industrial conglomerate Grupo Carso and Grupo Financiero Banorte.
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