Hang Seng increases on positive corporate earnings data

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Hong Kong shares rose on Monday, as the EU and Cyprus policy makers reached a bailout deal, thus reducing the risk of Cyprus unprecedented default. The Hang Seng Index advanced 0.7%, or 135.85 points, to 22,251.15. The gauge has recovered from its biggest decline since August 2012. Seven out of nine sectors posted gains with oil and gas and basic materials adding 2% and 1.5%, respectively. CNOOC Ltd, one of the major Chinese national oil companies, surged 4.2% to HK$14.920, despite the decline 9.5% decline in its net profit for 2012. China Petroleum & Chemical Corp jumped 2.7%, as the company's turnover increased by 11.4% and corporate profit for 2012 topped the analyst estimates. Tingyi Cayman Islands Holding Corp followed with a 2.5% rise to close at HK$19.880. On the downside, Tencent Holdings Ltd lost 1.9% to HK$240.80, posting the biggest two-week decline since May. China Resources Enterprise Ltd dropped 1.7%, pushing the consumer goods sector into the red zone. China Resources Power Holdings Co Ltd closed the top-three with a 1.5% plunge to trade at $HK23.150.
Back to articles

Actual Topics

Mon, 25 Mar 2013 12:48:06 GMT

Gold ends its rally as equity rise after Cyprus bailout agreement

A three-week long rally of gold ended on Monday as the commodity decreased in London after global shares recorded a one-week high amid Cyprus's decision from yesterday night to agree with the new Eurozone's bailout plan. March Gold futures declined 0.4% to $1,602.76 an ounce earlier on Monday London session, while futures for June delivery dropped 0.3% to $1,603.50 on

Mon, 25 Mar 2013 12:59:10 GMT

S&P 500 paired second drop on a week on Friday

U.S. equities gained on Friday, yet posting the second weekly decline in 2013 for the S&P 500 Index, as optimism on Cyprus' ability to come up with a bailout plan rose and Nike Inc. and Tiffany & Co. data release on corporate earnings topped analyst estimates. The S&P 500 Index climbed 0.7% to 1,556.89 on Friday. All sectors in the

Subscribe to "Fundamental Analysis" feed

订阅
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.