S&P 500 and NASDAQ Composite ended flat, while Shanghai Composite and Nikkei fell 1% each. Bovespa rose 1%. The FTSE declined 2%.
Shares of shipping companies were in demand during the fortnight. Varun Shipping Co, Essar Ports, Great Eastern Shipping Co, Gujarat Pipavav Port and ABG Shipyard advanced 14%, 7%, 6%, 4% and 3%, respectively.
Shares of steel companies were punished. Ramsarup Industries and Rathi Steel & Power delined 13% each. Jindal Steel & Power and Uttam Value Steels declined 10% and 8%, respectively.