FTSE

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Source: Dukascopy Bank SA
The FTSE index slightly increased 0.01%, or to 5,867.32 on improving outlook for the Eurozone, as Spain has officially requested for a bailout and Greece pledges to buy back the debt. However, today's construction PMI data added to concerns as it showed construction activity contracted last month. Six out of ten sectors within the index improved with Consumer Goods gaining 0.53%, Health Care added 0.45%. Sectors that are sensitive to economic mood suffered dragged down by concerns about nation's economic growth. Technology lost 1.18%, Telecommunications fell 0.71% and Oil and gas stepped 0.55% lower. Among the best performers were shire Plc, Centrica Plc and British American Tobacco by rallying 2.76%, 1.37% and 1.26%, respectively. Shares of Tullow Oil dropped the most, down 6.20%, on announcement the company did not find any commercial hydrocarbons after it completed drilling at an offshore well in French Guiana.


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Tue, 04 Dec 2012 19:01:33 GMT

DAX

European stocks advanced for the second consecutive day, rebounding from its earlier losses, as lawmakers in the U.S. continue debating on the budget plans to avert the so called fiscal cliff and growing optimism on the Eurozone as Spain officially requested a bailout. The German DAX index gained 0.03%, or 2.06 points, to 7,437.27 continuing to rise towards its 2011

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

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