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  • MGEX Reports Top 10 Electronic Volume Day - Top 12 Total Exchange Volume Day

    Date 28/04/2011

    MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), today announced estimated electronic trading of its flagship Hard Red Spring Wheat (HRSW) contract reached 12,743 contracts, making it the tenth highest daily electronic trading volume in Exchange history.  Total MGEX futures and options volume was an estimated 17,809, or a top 12 total volume day.  Of that total, HRSW options trading accounted for an estimated 4,623 contracts.

  • Industry Commentary - Dow Jones Islamic Market Indexes In April: Growth Is Beautiful - Or Is It? - By Gerard Al-Fil

    Date 28/04/2011

    A number of Dow Jones Islamic Market (DJIM) Indexes posted gains in April.  After diving 10.17% in the first quarter of 2011, the DJIM Kuwait Index rebounded, registering a gain of 7.04% to 963.52 (as of the close of trading on April 26). In a nation with nearly 95% of its federal budget is tied to oil revenues, rising oil prices drove the Gulf state’s stock market higher. The resignation of Kuwait’s old and unpopular cabinet also helped. Kuwait was followed (on a percentage basis) by the DJIM Hong Kong Index, up 6.50% to 1,655.53; and the DJIM Philippines Index, up 5.90% to 1,855.26.

  • Standard & Poor's Announces Changes In The S&P/TSX Venture Composite Index

    Date 28/04/2011

    Standard & Poor's will make the following changes in the S&P/TSX Venture Composite Index after the close of trading on Thursday, April 28, 2011:

    • The shareholders of Continental Minerals Corporation (TSXVN:KMK) have approved the Plan of Arrangement whereby the shares of the company will be acquired by Jinchuan Group Ltd. for $CDN2.60 cash per share. Continental Minerals will be removed from the S&P/TSX Venture Composite Index after the close of Thursday, April 28, 2011.
    • The shareholders of UNX Energy Corp. (TSXVN:UNX) have accepted the Offer to Purchase from HRT Participacoes em Petroleo S.A. UNX Energy will be removed from the S&P/TSX Venture Composite Index after the close of Thursday, April 28, 2011.

  • April 2011 “Islamic Market’s Measure” Preliminary Report - Monthly Report On The Performance Of The Dow Jones Islamic Market Indexes

    Date 28/04/2011

    Based on the close of trading on April 26, the global Dow Jones Islamic Market Titans 100 Index, which measures the performance of 100 of the leading Shari’ah compliant stocks globally, gained 2.99% month-to-date, closing at 2397.07. In comparison, the Dow Jones Global Titans 50 Index, which measures the 50 biggest companies worldwide, posted a gain of 2.46%, closing at 189.49.

  • Remarks By U.S. Treasury Secretary Tim Geithner At The Detroit Economic Club

    Date 28/04/2011

    It’s great to be in Detroit. My visit here has been a powerful reminder of how the President made the right choice to help stabilize the auto industry. Today, the American automakers are growing stronger, creating new jobs, and manufacturing the fuel-efficient cars and trucks that will carry us toward an energy independent future.