Nikkei 225 drops 0.8% before Spanish bond auction

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Source: Dukascopy Bank
Japan's Nikkei Stock Average fell on Thursday, breaching the upward trend across the region as investors awaited the results from French and Spanish debt auctions. Nikkei 225 index gave up 0.82% or 78.88 points and finished at 9,588.38. Nippon Sheet Glass tumbled 7%, the lowest since 1976 as its CEO Craig Naylor resigned  after a conflict with the board about firms' strategy. Hitachi jumped 2.5% on news the company plans to help Russia to advance nation's electric grid. 

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Thu, 19 Apr 2012 13:50:13 GMT

FTSE 100 index 0.2% on Thursday afternoon

British FTSE 100 index recovered on Thursday lifted by financial and resource stocks as commodity prices climbed. The gains were limited as Spain sold its benchmark 10-year bonds at higher yield than at previous auction. Hargreaves Lansdown rallied 3.6% on news its assets surged by GBP 2.6 billion in the 1st quarter, reaching GBP 26 billion. Engineering group IMI gained

Thu, 19 Apr 2012 12:04:19 GMT

Hang Seng index rally as PBOC signals monetary easing

Hong Kong's Hang Seng index rallied on Thursday as PBOC said it will guarantee adequate liquidity in financial system through cuts in the reserve requirement ratio, signalling the lender is preparing additional easing measures. Hang Seng index surged 1.03% or 214.28 points to 20,995.01. Energy shares climbed with Cnooc adding 1.6% and China Petroleum & Chemical  soaring 1.7%. European demand

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