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 Yen. Show all posts
Showing posts with label Yen. Show all posts

Yen, dollar rise in twitchy market

The yen and the dollar rose on Tuesday as renewed nervousness about banks health stalled a rally in riskier assets, but the Australian dollar climbed after its central bank opted for a modest rate cut. With many Asian stock markets in the red after a fall on Wall Street on Monday, the yen and the dollar benefited as investors took defensive positions and pocketed profits from a recent run higher in the euro and higher yielding currencies.

Wednesday, April 8, 2009

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