Traders were selling stocks ahead
of an expected US rate hike next month, as cheap cash tends to favour investors.
71 on profit-booking in metal, FMCG, oil and gas, and power stocks ahead
of the US Federal Reserve's policy meeting.
A lot of traders are afraid of funds, which might dump off stocks ahead
of year-end, But I don't think so, as the market has already breached key supports in area of 3,000 levels," said Al Ashri.
53 against the Greenback following dollar demand from importers and some weakness in stocks ahead
of the Reserve Bank of India (RBI) policy review.
The rise, which coincided with a breakthrough in the US budget crisis, made up for losses and drops incurred by Kuwaiti stocks ahead
of the Muslim festival.
Already in 2013, McWilliams suggested buying several stocks ahead
of quarterly earnings reports including Cree (up 58% year to date), Micron (up 59% year to date), Marvell (up 45% year to date), PMC Sierra (up 30% year to date) and SanDisk (up 34% year to date).
5 mbpd -- as oil firms replenished stocks ahead
of the Lunar New Year break.
With Ricky Ponting and Michael Hussey reaching 38, Australia is looking urgently to improve its batting stocks ahead
of bumper series against South Africa and India leading up to the Ashes next year.
Some players' desire to cash in their stocks ahead
of a speech later this week by Federal Reserve Chairman Ben Bernanke also fueled selling, they said.
We favour US and Continental European stocks ahead
of those in Japan and the UK - euro area stocks are, of course, more volatile, but have more room to recover than the US - and a mixture of cyclical, technology and energy sectors.
However the initiative may also force some Severstal shareholders to sell stocks ahead
of the exchange, in particular index funds (Severstal is presented in MSCI Russia), which will put some pressure on the quotes.
of a the start of the two-day meeting of Fed policy makers.