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Banking stocks have led the ASX200 up 0.8% to 5,334.1 points. The Shanghai Stock Exchange Composite Index is up 0.26% to 2,363.87 points while in pre-open markets the Dow Mini is down 6 points to 16,959. What stock rose 12.5% on high volumes?
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Canadian shares dropped as banks weakened on worries about the appreciation of the U.S. dollar. The Standard & Poor’s/TSX Composite Index (TSE:OSPTX) dropped 0.5 percent to 14,885.70 at 12:09 p.m. in Toronto. Five shares declined for every three stocks that advanced. Six out of the 10 share groups retreated. The benchmark has dropped in eight of its past nine sessions.