Most Asian stocks end higher on Tuesday

Source: Marketwatch
Asian share markets closed mostly up on Tuesday, lifted by earnings reports and better than expected production output data from Japan. Japan's Nikkei Stock Average gained 0.1%, South Korea's Kospi surged 0.1% and Hong Kong's Hang Seng Index rallied 1.42%. Shanghai Composite Index added 0.33% while Australia's S&P/ASX 200 index was the only index which posted losses, ending 0.2% down. 
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Tue, 31 Jan 2012 11:04:15 GMT

UK consumer confidence surged in January

UK consumer sentiment index climbed 7-month record high in January, lifted by slowing inflation which boosted consumption. British consumer confidence gauge increased by 4 points and reached minus 29 which is the strongest figure since June 2011. The outlook for personal finances and nation's overall economy also improved. Experts previously predicted the index to be at minus 31.

Tue, 31 Jan 2012 11:03:54 GMT

European markets fall on Portugal pressure

European share markets tumbled on Monday, led by resource and financial stocks as enduring Greece debt swap agreement and surging Portuguese bond yields boosted investor pessimism. Stoxx 600 index lost 1.1% to 252.52, while French CAC 40 index dropped 1.6% at 3,265.64. German DAX 30 and UK FTSE 100 index fell 1% each and finished at 6,444.45 and 5,671.09 respectively. 

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