Shares of Hop Hing are rising

Note: This section contains information in English only.
Source: Marketwatch
© Scanpix/AFP

Stocks of Hop Hing Group Holdings, large producer of edible oils, increased essentially after the company stated it agreed to purchase the company that owns a franchise of the Yoshinoya and Dairy Queen fast food chains in China. Shares of Hop Hing Group will take over the company for HK$3.48 billion using convertible securities. Hop Hing's shares closed the session being 60% higher.

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Fri, 02 Dec 2011 12:28:53 GMT

Natural gas increased after energy report

Natural gas futures increased essentially on Thursday after the release of U.S. Energy Information Administration report that indicated commodity's inventory decline last week. The decline signals on the beginning of the heating season in the country. On the New York Mercantile Exchange, natural gas futures for January delivery were traded at USD3.683 per million British thermal units during U.S. early trade, surging 3.73% since opening.

Fri, 02 Dec 2011 12:47:01 GMT

Nikkei 225 slightly higher

On Friday trade Japan's Nikkei Stock Average added 0.54% or 46.37 points and closed at 8,643. Increase was mainly led by export dependent car producers as European economic outlook improved after Merkel's and Sarkozy's announcements. Both Toyota Motor Corp. and Nissan Motor Co. added 1.1% after reporting surge in US sales. On the upside many Japan's retailers also gained. J. Front Retailing Co. edged up

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