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 Swiss franc down slightly. Show all posts
Showing posts with label Swiss franc down slightly. Show all posts

Swiss franc down slightly

The Swiss franc traded slightly lower against the dollar and the euro on Wednesday as investors took heart from a recovery in US equities after a sharp sell-off on Monday. The franc fell 0.1 percent against the euro compared to the New York close, trading at 1.5123 francs to the euro. The franc declined 0.1 percent against the dollar at 1.1687 francs per dollar. "There was a fair rebound in US equities on Tuesday after Monday's sharp decline.

Thursday, April 23, 2009

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