Asian stocks gain on Spain news

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

Asian markets inched higher this Monday on news of Spanish bailout plan for the country's banks. Hong Kong's Hang Seng Index jumped 2.4 per cent and Japan's Nikkei Stock Average grew 2 per cent. South Korea's Kospi, as well as Taiwan's Taiex both increased by 1.7 per cent.

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Mon, 11 Jun 2012 18:42:37 GMT

Canadian stocks gain on Spanish request

Canadian markets edged higher on news about Spanish aid request from the EU. The Standard & Poor TSX jumped 0.1 per cent. The country's currency weakened versus the USD, with the greenback buying C$1.0271, comparing to C$1.0224 in the previous session.

Mon, 11 Jun 2012 22:33:38 GMT

Copper gained 2% on Spanish euphoria

Futures for copper gained 2% in the European Monday morning trading session, as investors were more confident after the EU agreed to bailout Spain up to EUR100 billion. On the NYMEX, July delivery futures for copper were traded at USD3.354 per pound. It earlier peaked at USD3.400, gaining 3.5% from the beginning of the trading session.

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