Hang Seng declines on crude

Note: This section contains information in English only.
Source: Dukascopy Bank
Hong Kong's Hang Seng index fell on Monday, ahead of German vote on Greek rescue package amid increasing concerns about the effect of high crude prices on the global economic expansion. Hang Seng index fell 0.88% or 189.00 points and finished at 21,217.86. Cathay Pac Air and Esprit Holdings posted the biggest losses, declining 4.4% and 3% respectively. On the upside AIA rallied 3.5%. Giant lender HSBC Holdings Plc declined 1.2% on worst than expected profit report.

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Mon, 27 Feb 2012 16:45:46 GMT

Nikkei 225 index slightly down on Monday despite gains from Yen

Japan's Nikkei Stock Average ended Monday Asian session slightly down as the upward movement was limited by surging crude prices and signals the market might be overbought. Although exporters kept collecting gains from weaker Yen, Nikkei 225 slipped 0.14% or 13.45 points and finished at 9,633.93. Inpex Corp fell 2.5% while Nikon Corp dropped 1.7% and Olympus Corp. tumbled 3.3%.

Mon, 27 Feb 2012 15:24:29 GMT

Dow Jones Industrial Average loses ground on Monday

Dow Jones Industrial Average index closed almost unchanged on Friday with sector returns making relatively tiny movements. Blue chip index slipped 0.01% or 1.74 points to 12,982.95. The main gainer was American Express which added 1.3% though the company reported FDIC is going to take measures to fight late fees on some charge cards. Hewlett Packard prolonged its downward momentum

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