Nikkei 225 index recovers on Tuesday

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Source: Dukascopy Bank
Japan's Nikkei Stock Average slightly recovered on Tuesday amid surge in crude prices, though the gains were limited as trading volumes were low and BoJ reduced the growth outlook for 2012. Nikkei 225 index added 0.15% or 12.78 points and closed at 8,785.33, lifted by energy shares. Inpex Corp. advanced 2.2%, while Japan Petroleum Exploration Corp climbed 1.4%. Automaker Toyota Motor jumped 2.7% after reporting it plans to reduce jobs in Australia. Sony Corp. fell 2.4% on rumors that company may tie-up with Olympus.  

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Tue, 24 Jan 2012 16:09:34 GMT

FTSE retreats amid Greek uncertainty

After jumping 0.9% on Monday, UK FTSE 100 Index retreated on Tuesday, as investors lost patience on lingering Greek debt swap agreement. UK benchmark fell 0.8% to 5,737.97, weighted down by financial shares. Royal Bank of Scotland dropped 4%, while Lloyds Banking edged down 4.2%. Essar Energy PLC was among few winners, fluctuating into positive area after the company  reported

Tue, 24 Jan 2012 16:08:49 GMT

Australian benchmark index pares gains and finishes flat on Tuesday

Australian S&P/ASX 200 traded flat on Tuesday, erasing early gains as worries about Greece and Portugal debt problems returned to markets. Australian benchmark index declined 0.02% or 0.9 points and settled at 4,224.20, supported by the jump in oil prices. Energy shares climbed, while mining stocks showed mixed performance. White energy soared 3.8%, Woodside Petroleum Ltd advanced 0.7% and Coalspur

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