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«AgroInvest» — News — Dow Jones reached its highest in 2012

Dow Jones reached its highest in 2012

2012-03-14 14:34:26

Dow Jones reached its highest in 2012 driving other major indices up. Major source of increase is seen in JPMorgan Chase & Co announcement
that it will raise dividends. Stocks advanced throughout the session, helped by stronger-than-expected retail sales and benign comments from the
U.S. Federal Reserve, which said recent strains on financial markets were easing. UAIndex has shown decline mostly due to the lowered crop
expectations.

AgroInvest comment: lowered crop forecast had its direct negative impact on market capitalization of the major Ukrainian agro holdings, leading to
slight decline of the UAIndex.
 

 

AgroInvest