Asian shares close mixed on Tuesday

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Source: Marketwatch
Asian stock markets traded mixed on Tuesday as most of Greek agreement optimism was incorporated in to share prices already in previous trading session. Japan's Nikkei Stock Average slipped 0.2% while Australian S&P/ASX 200 index climbed 0.8%. Shanghai Composite index also gained 0.8% and Hong Kong's Hang Seng index added 0.3%. South Korea's Kospi traded almost flat. 
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Tue, 21 Feb 2012 12:06:27 GMT

Palladium failed to track gold's gains on Monday

Precious metals, excluding palladium, advanced on Monday amid broadly weaker US Dollar and China's RRR cut. Optimism over the Greek bailout talks also contributed to the gains. Moreover, experts are positive about precious metals outlook. Deutsche Bank released a report, indicating expected increase in the precious metals prices. At the same time, palladium's price faced downward movement amid stronger Euro

Tue, 21 Feb 2012 12:59:44 GMT

Nikkei 225 index drops after a strong performance on Monday

Japan's Nikkei Stock Average closed lower on Tuesday as several Japanese exporters retreated after a strong performance on Monday. Nikkei 225 fell 0.2% or 19.15 points and finished at 9,465.94 with financials putting downward pressure on the index. Sony Corp lost 1.4%, Sharp Corp dropped 2% and Citizen Holdings Co tumbled 2.9%. The main looser was Mazda Motors, plunging 10%

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