German DAX slightly up as Italian yields decline

Note: This section contains information in English only.
Source: Marketwatch

After substantial gains on Tuesday, German benchmark DAX index was marginally up on Wednesday. At the moment of writing DAX index is 0.07% or 4.21 points up at 5,893.97. Among main decliners were German automakers BMW AG and Volkswagen AG tumbling 1.2% and 1% respectively. Financial stocks also provided negative contribution as Deutsche Bank AG gave up 2% while Commerzbank AG lost 1.6%.

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Thu, 29 Dec 2011 08:52:07 GMT

Asian markets maintain downward trend

Most of Asian equities kept downward path on Thursday and closed lower as investors remained concerned about debt woe across the Europe. Hong Kong's Hang Seng Index was down 0.9%, Japan's Nikkei Stock Average fell 0.6% while Australia's S&P/ASX 200 Index dropped 0.4%. Nevertheless Shanghai Composite and South Korea's Kospi managed to recover adding 0.1% and 0.3% respectively. 

Wed, 28 Dec 2011 13:46:31 GMT

FTSE 100 up after successful Italian bond auction

After prolonged Christmas holidays UK benchmark FTSE 100 opened 0.3% higher on Wednesday and extended gains later during day as Italy successfully sold bonds and their yields declined.  At the moment of writing FTSE 100 trades 0.65% or 35.63 points higher at 5,548.33. Grocer Tesco PLC gained 2.2% after retailer reported strong Christmas sales. Drug producer GlaxoSmithKline PLC added 1% amid positive expectations about sector. Among main

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