Chinese equity rallies most in two months

Note: This section contains information in English only.
Source: Bloomberg
The Shanghai Composite Index was higher by 2.7% to 2,317.38 points in Shanghai trading session on Wednesday. That was the biggest gain since 14th of January and volume was 10% higher than the 30-day average. Market traded positively on a manufacturing data, which indicated expansion, and Market Studies LLC announcement that Chinese stocks will gain 28% till September.
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Wed, 20 Mar 2013 11:45:10 GMT

Australian Dollar remains unchanged on Cyprus decision

The Australian Dollar, also known as the Aussie, was slightly changed to $1.0376 in the end of Sydney trading session on Wednesday. The Aussie remained lower after the biggest drop in a week, as Cyprus rejected a bank deposit levy. The decision snapped demand for risky assets, as the uncertainty in Europe persists, attracting more money for safe haven securities.

Thu, 21 Mar 2013 07:26:09 GMT

Bovespa Index declines on iron producer's loss

The Bovespa Index was lower by 1% to 56,389.48 points by midday trading session in Sao Paulo on Tuesday. The index was led by iron-ore producer Mineracao & Meralicoss SA, which posted a bigger loss than analysts estimated in a fourth quarter. Also, the index is dragged down by a weak situation in Brazilian market, as 32 of 46 companies missed earnings

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