MARKET ROUNDUP (Source Bloomberg)

NYSE Expects Normal Open Tomorrow After Storm: U.S. equity markets will reopen tomorrow after the longest weather-related shutdown in more than a century, resuming after the New York Stock Exchange was spared by Hurricane Sandyas it swept through New York yesterday. The decision was announced in statements by NYSE Euronext, Nasdaq OMX Group Inc. (NDAQ) and Bats Global Markets Inc. U.S. exchanges are in the second day of a suspension called to safeguard workers as Sandy barreled north, halting public transit and forcing evacuations in New York City. NYSE Euronext's building on Wall Street is near areas of Manhattan that were deluged when the storm propelled a 13-foot sea surge. Arthur Levitt, the former chairman of the Securities and Exchange Commission, said the NYSE needed a better backup plan.

European Stocks Climb as BP, Deutsche Bank Top Estimates; and U.S. house prices climbed. Hurricane Sandy closed New York markets for a second day. Germany's DAX climbed 1.1 percent, the U.K.'s FTSE 100 gained 1 percent and France's CAC 40 rallied 1.5 percent.

Oil Trades Near Two-Day High as Refiners Plan Post-Storm Restart; after the Atlantic superstorm Sandy moved away from the U.S. East Coast and refineries started planning to resume operations. Crude for December delivery was at $85.70 a barrel, up 2 cents, in electronic trading on the New York Mercantile Exchange at 8:17 a.m. Singapore time. Prices rose 14 cents yesterday to $85.68, the highest close since Oct. 26. Futures are down 7 percent in October, the biggest decline in five months, and 13 percent this year.

Source:Jupiter Securities Research,31 October 2012