Stocks are a share of the ownership of a company. If the company does well, or even if everyone thinks the company is going to do well, the price of the stock goes up. In addition, many companies give a little dividend payment each year to the stockholders, which provides extra value.
Showing posts with label European shares up but index falls 11.8 percent. Show all posts
Showing posts with label European shares up but index falls 11.8 percent. Show all posts

European shares up but index falls 11.8 percent

European shares closed higher on Tuesday, with miners gaining on stronger metals prices and heavyweight banks recovering ground lost on Monday. The pan-European FTSEurofirst 300 index of top shares rose 3.5 percent to close at 733.69 points, following a 3.9 percent fall on Monday. The index rose 2 percent in March, but fell 11.8 percent in the first quarter of 2009, hurt by a banking crisis and several major economies in recession.

Wednesday, April 1, 2009

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