FTSE 100

Source: Dukascopy Bank SA
© Dukascopy Bank SA
U.K. stocks increased to their one-week high as U.S. lawmakers are about to resume the budget talks to avert the so-called "fiscal cliff" that might push the nation into an economic recession. The U.S. President Barack Obama is pushing lawmakers to come to a conclusion. The FTSE 100 index added 0.4%, or 22.54 points, to 5,976.72 by 1:39 p.m. in London. Six out of nine indexes advanced, with Basic Materials jumping 1.69%, the biggest increase in the index. Eurasian Natural Resources, the ferroalloys and iron ore producer, led the gains in commodity shares by adding 3.3% to 29.1 pence. The financials group was supported by a 3.15% increase in the shares of Royal Bank of Scotland and a 2.7% rally in Lloyds Banking Group's equities. Meanwhile, utilities posted biggest losses by slumping 0.52%, followed by consumer goods that lost 0.15%. The health care sector contracted 0.05%, as Reckit Benckiser, the Nurofen maker, slid 1.44% to 3,888 pence, being the worst preforming company in the FTSE 100 index.
© Dukascopy Bank SA
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Thu, 27 Dec 2012 17:19:34 GMT

DAX

German equities paired gains reaching their highest level in one week prior to U.S. lawmakers resuming discussions to prevent the so-called "fiscal cliff". In addition, investors are becoming more optimistic about the outlook for the Eurozone, as the ECB is taking measures to rebound the euro-area.The DAX index advanced 0.4% to 7,664.54 by 1:55 p.m. in Frankfurt. The gauge has

Thu, 27 Dec 2012 16:57:35 GMT

Hang Seng

Emerging-market equities advanced for the fourth day, prompted by soaring technology shares, as Chinese industrial earnings rallied and U.S. lawmakers are about to resume budget talks. Honk Kong blue chips also advanced sending the Hang Seng index 0.4% up to 22,619.8. All but two sectors in the index edged higher with basic materials, industrials and technology sectors advancing the most

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