Nikkei 225 fell 0.08% on Wednesday

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Source: Dukascopy Bank SA
Nikkei 225 Index moved lower by 0.08% on Wednesday's session to trade at 8,851 ahead of the FOMS minutes release due later in the day. However, speculation that the Bank of Japan will announce additional easing measures after Thursday's meeting supported Japanese shares. Meanwhile, chip-makers were dragged lower by weakness of the US technology sector. Advantest and Dainippon Screen declined by 3.25% and 1.1%. Sharp fell 1.7% after JPMorgan reported that Sharp's operating loss may exceed JPY60 billion on weak LCD screen sales. Nikon Corp gained 0.6% after Tuesday's sharp fall as Intel Corp increased stake in competitor ASML.

 

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Wed, 11 Jul 2012 14:34:00 GMT

Hang Seng eased up on property developers' rally

Hong Kong shares closed slightly higher on Wednesday as strong performance of the China's real estate industry outweighed weakness of financials. Hang Seng Index rose 0.1% to 19,419.9 as stable investments in infrastructure provided additional support for the cement and railway stocks. Financial sector lost 0.10% after reports that Hong Kong's banks were exposed to bed loans.  China Construction Bank

Wed, 11 Jul 2012 14:11:57 GMT

Spot gold prices climb up, futures fall

Spot gold prices went up on Wednesday, July 11, after biggest decline since June. Gain of 0.4% brought price to USD 1574.50 an ounce after 1.4% decline on July 10. However August-delivery gold futures contract fell by 0.3% to USD 1574.80 in the USA. Though gold prices now are highly dependent on Eurozone's finance ministers decision on resolving debt crisis. Analysts expect spot gold to

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