Nikkei

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Source: Dukascopy Bank SA
Most Asian stocks declined on lower-than-expected manufacturing data in the U.S. and inability of the U.S. lawmakers to handle the budget proposals. The U.S. manufacturing data has favored profit-taking on exporters who benefit from weaker Yen.  The Japanese Nikkei 225 Stock Average inched lower 0.3% to 9,432.46, dipping from its seventh-month closing high the prior session. However, experts see the Japanese stock market continue t advance after the election. Four out of ten sectors within the index edged higher with Oil and Gas sector taking the leader position with a 0.85% rise. Meanwhile, Technology, Consumer services and Basic Materials were among the worst performers by tumbling 0.93%, 0.76% and 0.67%, respectively. Furthermore, Sony Financial Holdings gained the most with a 3.23% increase, while the shares of Shinsei Bank and Credit Saison surged 2.76% and 2.46%, respectively. Sony's financial woes are improving as the company has gained success with the PS3 and other popular games.


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Tue, 04 Dec 2012 18:39:33 GMT

Hang Seng

Honk Kong shares rebounded from Tuesday's losses. The advancements in alcohol sector prompted the equities to edge higher and triggered advancements in the Hang Seng index. The Index increased 0.15% or 32.12 points to 21,799.97. However, the gains were capped by persisting uncertainty about the fiscal cliff effects and weak manufacturing data in the U.S. In addition, Strong advancements in

Tue, 04 Dec 2012 18:17:33 GMT

Dow Jones

U.S. blue chips fell on Monday on growing concerns about U.S. entering economic recession as no agreement on the next year's budget has been made and the fiscal cliff threatens to injure the nation's economy.  House Republicans rejected President Obama's request for tax increases and suggested $1.4 trillion in spending cuts and $800 billion of revenue by limiting tax relief

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