Hang Seng Index down on Monday

Note: This section contains information in English only.
Source: Marketwatch
© Scanpix/AFP

On Monday Hong Kong's Hang Seng Index fell 1.44% and closed at 18,225.85 or 265.38 points down compared to Friday. Mining companies added negatively to index: oil producer Cnooc Ltd lost 3% while China Coal Energy Co gave up 4.9%. Hong Kong property companies also suffered a decline and depressed the index. China Resources Land Ltd. dropped 4.5%, Hang Lung Properties Ltd decreased 5%, while Agile Property Holdings Ltd. tumbled 5.1%. Analysts suggest enduring uncertainty in Europe is enhancing investors' speculations on worst-outcome scenarios. 

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Mon, 21 Nov 2011 13:56:28 GMT

Japan's Nikkei Stock Average experiences slight decline

On Monday Japan's Nikkei Stock Average traded down 0.32% or 26.64 points and closed at 8,348.27. Japanese index was pushed down by worsening export and growth outlook. Japanese exporters depreciated index with Sony Corp. giving up 2.8%, Elpida Memory Inc. dropping 7.3% and Toyota Motors Corp. declining 2.6%. Honda Motor Co. shares lost 2.2% and also contributed negatively to index as its supplies have been disrupted by Thailand flooding.

Mon, 21 Nov 2011 13:58:13 GMT

Germany's DAX falls on concerns about debt crisis and US budget vote

On Friday Germany's DAX closed at 5,653.42 experiencing a 146.82 or 2.53% drop compared to Thursday. During last week index lost total of 4%. On Monday trading session the index is extending its losses and at the moment of writing trades down at 5,651.40. Index is mainly hurt by Commerzbank AG's decline of 5% and Deutsche Bank AG's slip of 4.5% as Moody's reported

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