Nikkei 225 index finishes 0.58% higher on Monday

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Source: Dukascopy Bank
Japan's Nikkei Stock Average climbed on positive news from Greece, but gains were limited by higher than expected contraction in Japanese 4th quarter GDP. Nikkei 225 index added 0.58% or 52.01 points and settled at 8,999.18. Shinsei Bank jumped 4.3% after Nikkei news reported the company may gain new spectrum. Export-reliant car makers advanced with Mazda, adding 1.4% and Mitsubishi Motors soaring 2.1%. Dai Nippon fell 3.9%, after the printing service provider lowered its yearly forecast. 

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Mon, 13 Feb 2012 12:50:56 GMT

Canadian currency tumbles on Friday amid Greek worries

Canadian Dollar depreciated sharply against its US peer on Friday as investors curbed their demand for higher yielding assets on fresh Greece worries. Loonie dropped 0.8% against greenback to CAD 1.0014 on Toronto evening session. Currently USD/CAD is trading at CAD 0.9984.

Mon, 13 Feb 2012 11:15:48 GMT

Hang Seng index rebounds on Monday

Hong Kong's Hang Seng index recovered on Monday and traded 0.5% or 103.54 points higher at 20,887.40 after Greek parliament approved country's austerity plan. Among winning stocks were insurers with Ping An Insurance Group advancing 2.2% and AIA Group adding 1.9%. Gains were limited due to weak property stock performance after Chinese city of Wuhu said it won't continue planned

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