FTSE climbs led by resource shares

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Source: Dukascopy Bank
British FTSE 100 index traded higher on Friday, lifted by fresh news from Greece debt swap talks and data, indicating US economy keeps accelerating. Resource shares contributed most to the positive side. Anglo American PLC added 1.3% after company posted a 6% decline in net income but claimed it had optimistic long term outlook. Randgold Resources soared 1.8% while Tullow Oil PLC advanced 1.9% and Vedanta Resources jumped 4.9%. At the moment of writing FTSE 100 index is 0.49% or 28.57 points up at 5,913.88.

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Fri, 17 Feb 2012 15:14:21 GMT

DAX trades higher, driven by financials and car stocks

German DAX index posted gains on Friday on news ECB and European officials are progressing in closing agreement with Greece and US issued satisfactory economic data. Financial and car maker shares were the main gainers with Commerzbank AG adding 1.7% and Deutsche Bank AG surging 1.3%. Volkswagen AG jumped 2% after the car manufacturer posted a 1.3% advance in global

Fri, 17 Feb 2012 13:09:08 GMT

Asian equity markets rallied on Friday, led by Japan

Asian markets finished notably higher on Friday, lifted by US economic data and weaker Yen. Exporters supported major stock indexes on the upside. Hong Kong's Hang Seng Index jumped 1%, Japan's Nikkei Stock Average rallied 1.7% while South Korea's Kospi added 1.3%. Australia's S&P/ASX 200 gained 0.4% and Shanghai Composite index traded flat.

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