FTSE jumps on manufacturing data

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Source: Dukascopy Bank
FTSE 100 Index climbed on Wednesday, supported by financials and oil providers on better than expected data from UK, Germany, China and Euro Zone. British benchmark index rallied 1.4% during session, lifted by broking company ICAP PLC which added 6.6% after making optimistic forecasts for 2012. BP Plc. climbed 3% after the court decided that company don't have to cover damages for oil spill in Mexico in 2010. At the moment of writing FTSE 100 is 1.28% or 72.24 points up at 5,753.96. 

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Wed, 01 Feb 2012 16:40:15 GMT

DAX climbs, led by Infineon Technologies

German DAX 30 index extended gains on Wednesday as European and Chinese manufacturing data boosted investor sentiment. DAX 30 index climbed 1.9% with all nine sectors posting gains. Infineon Technologies AG jumped 5% after reporting better than expected first quarter sales. RWE AG climbed as Morgan Stanley included the share in the list of its best ideas. Car makers BMW

Wed, 01 Feb 2012 16:23:51 GMT

Hang Seng down on investor pessimism over monetary easing

After a sharp appreciation yesterday, Hong Kong's Hang Seng index retreated on Wednesday, pushed down by investor worries that positive manufacturing data will curb Chinese government from implementing monetary easing. Hang Seng index slipped 0.28% or 57.12 points and settled at 20,333.37. Food producer and distributor Cosco Pac surged 4.5% and Belle Internatio climbed 3%. On the downside were property

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