Hang Seng index 0.3% higher on property shares

Source: Dukascopy Bank
Hong Kong's Hang Seng index finished modestly higher on Wednesday Hang Seng index added 0.33% or 70.56 points and closed at 21,549.28 led by property companies. China Overseas Land & Investment added 2.8% and China Resources Land climbed 2.9%. Gains were limited as HSBC preliminary gauge showed China's manufacturing may decline in February. Among major decliners were Li & Fung and Esprit Holdings, dropping 3.2% and 2.7% respectively. 

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Wed, 22 Feb 2012 14:59:17 GMT

Nikkei 225 index rallies on depreciating Yen

Japan's Nikkei Stock Average ended higher on Wednesday, lifted by sharp depreciation of Yen against greenback. Nikkei 225 gained 0.97% or 91.60 points and settled at 9,554.62 with exporters posting the biggest gains due to appreciating US Dollar. Toyota Motor and Honda Motor each added 2% and Nissan Motor climbed 2.3%. The biggest Japanese oil exporter Inpex Corp accelerated 1.4%

Wed, 22 Feb 2012 15:41:45 GMT

S&P 500 slightly up after holiday

S&P 500 index traded almost flat on Tuesday as investors returned from holiday. US stock index climbed 0.07% or 0.98 points and finished at 1,362.21 supported by oil shares. Marathon Oil surged 2.3% and Tesoro Petroleum gained 2%. Wynn Resorts jumped 6% on news it will purchase Japanese gambling giant Kazuo Okada's 20% stake at a large discount. Netflix tumbled

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